August 12, 2016 @ 11:35 am By Samantha Hurst  |  

On Friday, TechSydney closed its crowdfunding campaign on Pozible after successfully capturing a total of $564401 from 174 supporters. This closing comes just weeks after the funding portal dubbed TechSydney’s initiative the biggest ever non-profit campaign. As previously reported, TechSydney is on a mission to make… Read More

August 12, 2016 @ 10:34 am By Samantha Hurst  |  

On Friday, Mizuho Bank and Fujitsu announced they have teamed up for a fintech field trial that is aiming to provide electronic invoice and payment, along with automated accounts receivable reconciliation services that use electronic invoicing and financial EDI. This trial is part of an agreement,… Read More

August 12, 2016 @ 9:51 am By Samantha Hurst  |  

Just two days after its PledgeMe launch, ParrotDog’s highly successful crowdfunding campaign secured over $2 million from over 800 investors. The company decided to close the initiative. ParrotDog, which was founded in 2011 by Matt Stevens, Matt Kristofski, and Matt Warner, is described as one of… Read More

August 11, 2016 @ 4:23 pm By Samantha Hurst  |  

Exciting news, Mondo investors! The Crowdcube #FundedClub member announced it has officially become a licensed bank and is now regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Mondo team shared details about its launch, which can be found below. “We started Mondo… Read More

August 11, 2016 @ 3:14 pm By Samantha Hurst  |  

Last week, cartoonist KC Green launched a Kickstarter campaign for “This is Fine” Plush Dog. The adorable stuffed animal is based on the almost too relateable comic/meme. Within just one week of its debut, the project smashed its initial $35,000 funding goal and is currently nearing… Read More

August 11, 2016 @ 2:26 pm By Samantha Hurst  |  

With nearly one week until its epic Kickstarter comes to an end, Andromium’s Superbook has successfully secured over $1.9 million from nearly 7,800 backers. The California startup took to the crowdfunding giant’s platform last month to raise only $50,000 for the device, which is described as a smart laptop shell… Read More

August 11, 2016 @ 1:15 pm By Samantha Hurst  |  

On Thursday, organizers of the Growth Investor Awards announced UK-based crowdfunding platforms, Seedrs, Crowdcube, and SyndicateRoom have been named finalists of the 2016 Best Investment Platform. The Growth Investor Awards notably celebrates the role of the UK SME fund management community in both job and wealth… Read More

August 11, 2016 @ 11:53 am By Samantha Hurst  |  

With less than 24 hours until its Crowdcube initiative comes to an end, Kickstarter alum and creator of intelligent bike light ICON, See.Sense, has raised over £700,000 from nearly 500 investors. The company launched its campaign on the UK-based equity crowdfunding portal last month with a mission to raise… Read More

August 11, 2016 @ 11:03 am By Samantha Hurst  |  

On Thursday, online lender to SMEs, OnDeck (NYSE: ONDK), announced it had appointed Gagan Kanjlia as Senior Vice President of Product. Before joining OnDeck, Kanjlia worked for Capital One, where he co-founded the Capital One Garage, a corporate internal incubator for Capital One Financial Services.  Kanjlia,… Read More

August 11, 2016 @ 10:19 am By Samantha Hurst  |  

Latvia’s peer-to-peer lending marketplace Mintos announced on Thursday, since its launch a year and a half ago, it has seen investors funding over €50 million in loans to both private individuals, along with small and medium-sized businesses. The website confirmed that the most loans have been financed from Latvia… Read More

August 11, 2016 @ 9:20 am By Samantha Hurst  |  

On Thursday, the Centre for Economics and Business Research released its latest report that revealed small businesses loans facilitated by Funding Circle had boosted the UK economy by £2.7 billion since 2010. The report stated businesses are drawn to direct lending platforms by the speed and simplicity… Read More

August 10, 2016 @ 4:19 pm By Samantha Hurst  |  

Just one week after launching its equity crowdfunding campaign on Seedrs, electronic accessory brand, iQualTech, has secured its initial £100,000 funding goal. The company took to the funding portal to raise the funds as it looks to expand into new markets worldwide. As previously reported, iQualTech was founded in 2013,… Read More

August 10, 2016 @ 3:51 pm By Samantha Hurst  |  

Duocaitou, a Chinese real estate crowdfunding platform that’s dedicated to boutique hotels and home rentals, announced on Wednesday it has completed its Pre-A financing round and has received funds from three venture capital firms, Capital, Innovation Angel Fund, and Shunwei Capital Partners. Gengqian Zhao, CEO… Read More

August 10, 2016 @ 2:46 pm By Samantha Hurst  |  

Holvi, a Finland-based fintech startup, has officially been acquired by multinational Spanish banking group, BBVA. Founded in 2011, Holvi notably provides entrepreneurs and SMEs with a “regulated one-stop-shop” to collect income, manage expense and offer a real-time view of finances, which includes online sales platform, invoicing… Read More

August 10, 2016 @ 2:17 pm By Samantha Hurst  |  

On Wednesday, AlliedCrowds released its latest report on the top developing countries for alternative finance. The data analyst company revealed it used its new emerging market alternative finance tool, Capital Finder, to identify the financing options for entrepreneurs in their countries and sections along with breaking down the type of… Read More

August 10, 2016 @ 1:03 pm By Samantha Hurst  |  

On Wednesday, Peer Funding Limited announced the Financial Conduct Authority (FCA) has granted it full permission to operate its peer-to-peer business platform under Part 4a of the Financial Service Marketing Act. The website stated it joins only a handful of fully authorized peer-to-peer business platforms and has… Read More

August 10, 2016 @ 12:44 pm By Samantha Hurst  |  

On Tuesday, New York City-based Jewish Museum launched a crowdfunding campaign on Kickstarter to raise $30,000 for its upcoming art exhibition, Take Me (I’m Yours). Set to open on September 16th, the exhibit will feature art by 40 artists that work in various media industries including sculpture, paper,… Read More

August 10, 2016 @ 11:27 am By Samantha Hurst  |  

Just a few months after receiving the coveted Good Design Award, Flow Hive, the most successful campaign ever on Indiegogo, announced a flash sale of its Flow Hive Classic Model at the original initiative’s price of $599. Flow Hive closed on Indiegogo after securing $12,489,141 on April 20, 2015…. Read More

August 10, 2016 @ 11:02 am By Samantha Hurst  |  

Mortgage marketplace, LendingHome, announced on Wednesday it had appointed Cynthia Chen as its new chief risk officer. Chen has over ten years of experience in providing risk and mortgage underwriting leadership and has held position at various financial institutions including Fannie Mae, Washington Mutual, Ally Bank, and… Read More

August 10, 2016 @ 9:46 am By Samantha Hurst  |  

With less than 24 hours until its equity crowdfunding campaign closes on Crowdcube, Verto Homes has raised over £1.6 million thanks to nearly 535 investors. The London-based builder notably designs, builds, and sells intelligent, sustainable homes that produce and store clean energy from the sun. Each of the houses does… Read More