April 13, 2016 @ 6:31 pm By Samantha Hurst  |  

This week, Chicago-based fintech company VestLo announced that it has become the first to submit an application to the Illinois Secretary of State, Securities Division, so that it may register as a “qualified” crowdfunding platform under the new Illinois Intrastate Crowdfunding Exemption. The adopted Illinois Intrastate Crowdfunding Bill creates… Read More

April 13, 2016 @ 4:09 pm By Samantha Hurst  |  

North South, a sustainable lifestyle brand for adventurous urbanites and young professionals, recently launched an equity crowdfunding campaign on Crowdcube to raise £100,000 as it continues to develop its products. The company revealed that it is aiming to provide high-quality, stylish clothing by using sustainably… Read More

April 13, 2016 @ 3:18 pm By Samantha Hurst  |  

Less than a week after launching its highly anticipated crowdfunding campaign on Fig, Interdimensional Games has successfully secured the initial $300,000 goal for its upcoming game, CONSORTIUM: THE TOWER. CONSORTIUM: The Tower is described as  a single-player, first-person sci-fi simulation built upon the Unreal 4 Engine. Its story reads:… Read More

April 13, 2016 @ 1:29 pm By Samantha Hurst  |  

Money360, a commercial real estate online marketplace lending platform, announced this week that it has appointed Alexander Vellandi as its general counsel, John Gaz as director of asset management, David Fay as underwriter, Mira Johnson as loan processor, and Cameron Hall as loan analyst. The company… Read More

April 13, 2016 @ 1:00 pm By Samantha Hurst  |  

This week, Singapore-based crowdfunding platform, CoAssets, hosted its first annual SME CORE (Capitalising Opportunities & Realising Expectations). This event aims to provide SMEs with perspective, business solutions and information from public and private sectors.   Topics discussed included the following: SME Financing and Support, Leveraging Human Resources and… Read More

April 13, 2016 @ 11:36 am By Samantha Hurst  |  

Roofstock, a marketplace for investing in single-family rental homes, announced on Wednesday the appointment of former Credit Karma executive, Jodi Alperstein, as vice president of product and Haven Realty Capital’s founding partner, Eric Gutshall, as vice president of operations.  Alperstein is a FinTech veteran who led product and design at Credit… Read More

April 13, 2016 @ 10:18 am By Samantha Hurst  |  

Earlier this month, ILoveGorgeous, a fashion brand that’s dedicated to offering clothing for girls, has recently launched a Crowdcube campaign to raise £300,000 for its new line for boys. Within just days of its debut, the initiative successfully secured its initial goal. The brand, which was founded in… Read More

April 13, 2016 @ 9:32 am By Samantha Hurst  |  

Alternative finance provider, Neyber, announced on Wednesday it has appointed former Zopa credit risk director, Paul Martin, as its new head of credit risk. Martin has reportedly 25 years of experience in the financial service sector and has held credit risks roles in various companies including… Read More

April 12, 2016 @ 4:18 pm By Samantha Hurst  |  

Last month, terminally ill comedian, Quincy Jones, received news from talk show host, Ellen DeGeneres, that his Kickstarter-backed standup special is set to air on HBO. The crowdfunding initiative was launched by Quincy’s friend and fellow comedian Nicole Blaine alongside her husband Mickey Blaine. It secured $50,273 from 1,204 backers. Now, HBO… Read More

April 12, 2016 @ 3:46 pm By Samantha Hurst  |  

Pave, the online lending platform, announced on Tuesday that it has raised a total of $8 million during its Series A funding round, which was led by Maxfield Capital. As previously reported, Pave is targeting Millennials who are old enough to be establishing a solid career… Read More

April 12, 2016 @ 2:54 pm By Samantha Hurst  |  

This week, CEO of Seedrs, Jeff Lynn, met with CNBC to discuss how much equity crowdfunding has grown and why he believes that the funding method is developing as an asset class. During his interview, Lynn revealed: “We have seen massive growth in the three and… Read More

April 12, 2016 @ 1:28 pm By Samantha Hurst  |  

Crowdcube #FundedClub member, Taylor St. Baristas recently announced that it will be opening two new sites, Chancery Lane, London and Madison Ave, New York City. The company secured £1,805,500 from 493 investors during its mini bond round on the equity crowdfunding platform last year. Established in 2006, Taylor… Read More

April 12, 2016 @ 12:54 pm By Samantha Hurst  |  

PeerLend, an India-based peer-to-peer (P2P) lending platform, announced on Monday the launch of its new software service PeerZoom. According to the company, PeerZoom allows users to customize and configure its lending portal in the shortest time possible.  Features include: Change catalysis and architecting: PeerLend’s engagement… Read More

April 12, 2016 @ 11:05 am By Samantha Hurst  |  

Last week, Regions Bank announced it has formed a partnership with marketplace lender Avant to offer its customers with a new loan application process. According to the bank, the agreement will combine its already established banking and online presence with Avant’s tech platform to provide a fast, convenient digital… Read More

April 12, 2016 @ 10:33 am By Samantha Hurst  |  

RealtyShares, a crowdfunding real estate marketplace, announced on Tuesday that it launched an equity fund that is focused on large investors. According to the company, the equity fund is aimed at institutions, single-family offices and high net worth individuals to help increase exposure to the potential “alpha-generating” strategies… Read More

April 12, 2016 @ 9:52 am By Samantha Hurst  |  

On Tuesday, Boston University announced it has recently launched its very own crowdfunding platform for campus-based projects. According to BU Today, the university has developed the portal to help academic departments, student groups, and other members of the BU community raise funds for research, service trips, projects, events,… Read More

April 12, 2016 @ 9:26 am By Samantha Hurst  |  

On Monday, Lend Academy and Emerald Asset Management announced they have formed a strategic partnership to develop an investment management business to be focused on opportunities in the marketplace lending industry. Sharing details about the partnership, Emerald chairman and CEO, Joseph E. Besecker, explained: “We believe that… Read More

April 12, 2016 @ 8:47 am By Samantha Hurst  |  

  Ghostbusters fans, unite! Less than two hours after launching the Ghostbusters II: The Board Game Kickstarter, Cryptozoic Entertainment and Sony Pictures Consumer Products successfully secured their initial $250,000 goal. As previously reported, Ghostbusters: The Board Game II features an original story by IDW Comics’ Ghostbusters writer Erik Burnham in… Read More

April 12, 2016 @ 8:21 am By Samantha Hurst  |  

On Monday, Kickstarter announced that a total of 19 of its funded films will be presented at the 2016 Tribeca Film Festival, which will be kicking off in New York City this weekend. The crowdfunding portal declared in a recent blog post that more than 31,000 backers pledged… Read More

April 11, 2016 @ 4:09 pm By Samantha Hurst  |  

On Monday, LendFoundry presented its very own fintech lending operating system at LendIt 2016, which was held in San Francisco. The company reportedly provides end-to-end lending solution that simplifies loan origination, marketing, acquisition, underwriting, servicing and beyond. Sharing details about the company’s system, Timothy Li, co-founder and… Read More