February 22, 2016 @ 11:56 am By Samantha Hurst  |  

Obsidian Solutions, a Canadian fintech company that optimizes operations for fund managers, announced on Monday it has secured $500,000 during a seed funding round. Obsidian noted its team has designed and built a new type of solution for the asset management community that tackles the need for… Read More

February 22, 2016 @ 9:24 am By Samantha Hurst  |  

Maserati and the Centre for Entrepreneurs have launched the second annual ‘Maserati 100’ index. This list consists of Britain’s 100 most successful philanthropists, investors, mentors and advisors, and, ascending entrepreneurs who are supporting the next generation of up and coming business tale. Among those on the… Read More

February 20, 2016 @ 12:02 pm By Samantha Hurst  |  

Following the launch of a fan running GoFundMe campaign to help Kanye West, sources close to reportedly “debt-stricken” musician revealed that he won’t be taking ANY of the funds from the initiative. The organizer of the campaign, Jeremy Piatt, revealed to TMZ that he was contacted by… Read More

February 20, 2016 @ 11:34 am By Samantha Hurst  |  

Earlier this week, equity crowdfunding platform Crowdcube shared details about #FundedClub member Pip & Nut and its success. The portal stated: “We love seeing great businesses doing great things, thanks to the backing of the crowd and Pip & Nut is no exception to this…. Read More

February 19, 2016 @ 4:18 pm By Samantha Hurst  |  

Gust, a global service provider powering the entrepreneurial ecosystem, has acquired Fundacity, which is considered one of the world’s most popular platforms powering startup accelerator programs. Fundacity reportedly supports over 100 accelerator programs serving users in 156 countries with a flexible solution for application creation, management, and cohort… Read More

February 19, 2016 @ 3:27 pm By Samantha Hurst  |  

Last month, UK-based Red Squirrel Brewing Co. launched an equity crowdfunding campaign on Crowdcube with a mission to raise £500,000. During its run on the portal, the company has overfunded and has decided to extend its funding round. Red Squirrel, which was founded in 2010 by Greg… Read More

February 19, 2016 @ 3:18 pm By Samantha Hurst  |  

Australian marketplace lender, DirectMoney, announced that it has sold a total of $5 million of personal loans to Macquarie Group (Macquarie), a provider of financial, advisory, investment and funds management services. According to DirectMoney’s most recent quarterly report the platform held $8.49 million in loans at… Read More

February 19, 2016 @ 2:15 pm By Samantha Hurst  |  

On Thursday, Business Insider UK announced its 100 Coolest People in UK Tech list. Among those who were named were CEO of Funding Circle Samir Desai, CEO/co-founder of Seedrs Jeff Lynn and Crowdcube co-founders Luke Lang and Darren Westlake. Sharing details about the list, the media outlet revealed:… Read More

February 19, 2016 @ 1:03 pm By Samantha Hurst  |  

Earlier this week, California startup Silk Labs launched a crowdfunding campaign on Kickstarter to raise $100,000 for its new smart home hub, Sense. According to the company, Sense may detect the user’s presence, recognize their voice and gestures, learn their preferences and choreograph their connected device… Read More

February 19, 2016 @ 9:52 am By Samantha Hurst  |  

This week,  Seedrs offered up some advice on how businesses (small and large) may benefit from using the equity crowdfunding method. The UK-based portal revealed that unlike other forms of financing, the funding method has a number of additional advantages for businesses. Seedrs went on… Read More

February 18, 2016 @ 4:18 pm By Samantha Hurst  |  

Crowdcube co-founder and CEO Darren Westlake recently shared his thoughts on crowdfunding, including several myths and misconceptions. While revealing the truth behind the myths, Westlake stated: “Myths exist in every aspect of business life and our industry is no different. Our job is to set… Read More

February 18, 2016 @ 4:00 pm By Samantha Hurst  |  

F50, a venture capital startup announced this week it has launched the beta version of its co-investment platform and has successfully begun syndication. The firm has reportedly secured commitments to invest over $1 million in Knightscope’s Series B round of funding, a company that has… Read More

February 18, 2016 @ 2:06 pm By Samantha Hurst  |  

XTI Aircraft Company (XTI) announced on Thursday it plans to establish an over-the-counter secondary market for current and future shareholders. This new market will give shareholders the ability to buy and sell XTI shares on a public market. After garnering $20.6 million in non-binding expressions… Read More

February 18, 2016 @ 12:45 pm By Samantha Hurst  |  

Victory Park Capital (VPC), an investment firm focused on private middle-market debt and equity investments, announced on Tuesday former Goldman Sachs managing director, Upacala Mapatuna, has joined as chief investment officer. Upacala will reportedly bring more than 20 years of financial industry experience and over 15 years of investing experience to VPC. Richard Levy, CEO and founder of VPC commented:  “We… Read More

February 18, 2016 @ 12:39 pm By Samantha Hurst  |  

Earlier this month, the original cast of the hit 1970s series Good Times launched a crowdfunding campaign on Kickstarter to raise a whopping $1 million so that they can create a full-length reunion movie. The show, which aired from February 1974 to August 1979, was a spin-off… Read More

February 18, 2016 @ 12:00 pm By Samantha Hurst  |  

On Wednesday, UK  independent brewery BrewDog announced that it plans to launch an equity crowdfunding campaign in the US as it expands operations into the city of Columbus, Ohio. The ongoing Equity for Punks project will now have a Yankee version called Equity for Punks USA…. Read More

February 18, 2016 @ 10:46 am By Samantha Hurst  |  

This week, peer-to-peer (P2P) platform LendInvest announced it has appointed Hugo Davies as its new capital markets associate. Davies reportedly joins LendInvest from Goldman Sachs, where he worked in liquidity, cash and collateral management. He stated: “I joined LendInvest with a deep appreciation for detail,… Read More

February 18, 2016 @ 9:47 am By Samantha Hurst  |  

Marketplace lender RateSetter announced on Thursday it has named Richard Bastin the new chief technology officer as it prepares for further growth in 2016. Bastin reportedly has 25 years of IT experience in a variety of industries, including financial services, e-commerce and telecoms, from large… Read More

February 18, 2016 @ 9:38 am By Samantha Hurst  |  

On Thursday, Seedrs offered up a new incentive to those who see and share its latest ads on the London Tube or Underground. The funding portal shared: “Spot one of the Seedrs  ‘Boring is the new Exciting’ large format posters on the London Tube or in… Read More

February 17, 2016 @ 2:52 pm By Samantha Hurst  |  

On Wednesday, Kickstarter announced a brand new feature to its wildly popular crowdfunding platform called Community Tab. The portal shared: “Behind every successful campaign is a community of people who want to help the creator’s idea come to life. More than 10 million people from… Read More