Investment Platforms and Marketplaces

June 2, 2016 @ 2:36 pm By Erin Hobey  |  

Dukes of Hazzard beware. The White Bronco? No match for the MobileSpike. MobileSpike Technologies Inc., a law enforcement technology company, launched an $1 million equity crowdfunding campaign on FlashFunders to fund the production of its patented tire-deflation-stick technology. The MobileSpike is mounted on the front of police vehicles and allows police to disable fleeing… Read More

June 2, 2016 @ 10:36 am By Samantha Hurst  |  

On Thursday, KoreConX  announced its new program that helps equity and debt crowdfunding platforms go truly global by accessing China’s accredited investor base and companies in need of funding. The program, Going Global Solutions, provides portals with a feasibility study of the marketplace, recommendations regarding the legal and regulatory framework,… Read More

June 2, 2016 @ 9:17 am By JD Alois  |  

In a filing with the SEC under Reg D 506(c), investment crowdfunding platform SeedInvest indicated its intent to raise $7.5 million in a new funding round. The date of the first sale was listed as May 18th with $5.125 million equity sold and $2.375 million… Read More

June 2, 2016 @ 7:54 am By JD Alois  |  

RateSetter is reporting it has surpassed £250 million in lending to UK businesses.  The benchmark event comes after a series of recent business developments for the marketplace lender. According to RateSetter, participation by the British Business Bank, updated lending limits and a growing executive bench… Read More

June 1, 2016 @ 4:06 pm By Samantha Hurst  |  

Kickstarter announced on Wednesday that $500 million has been pledged to game projects on its crowdfunding platform. The funding portal stated: “Overall, more than 2 million people have backed Games projects on Kickstarter, successfully funding nearly 8,000 projects. And more games backers sign up every… Read More

June 1, 2016 @ 3:37 pm By Samantha Hurst  |  

On Wednesday, global crowdfunding platform Indiegogo introduced Collections, a new feature for its users. The funding portal stated: “Today, we’re debuting Collections, a new way to find campaigns that matter to you. Collections feature curated campaigns around topics you care about – whether that’s the latest tech… Read More

June 1, 2016 @ 2:23 pm By JD Alois  |  

Texas is one of the 30 states that pushed forward with an intrastate crowdfunding exemption while the federal exemption of Title III of the JOBS Act remained in the doldrums. Since Title III or “Reg CF” have kicked off in mid-May, there has been some… Read More

June 1, 2016 @ 12:31 pm By Samantha Hurst  |  

On Wednesday, director of editorial operations at music news/publication website Pitchfork, Brandon Stosuy, announced that he has accepted a new position at crowdfunding platform, Kickstarter. Stosuy took to his Twitter account and revealed after thirteen years at Pitchfork, he was moving on. The actual news: I’m… Read More

June 1, 2016 @ 10:22 am By Samantha Hurst  |  

RealtyMogul.com announced on Wednesday the closing of five recent transactions, which includes four equity investments in commercial properties as well as an equity raise for a residential real estate fund. The platform revealed that its investors have funded $7.5 million through these opportunities, helping to finance multifamily,… Read More

May 31, 2016 @ 6:28 pm By Erin Hobey  |  

US Fintecher ChimpChange aims to raise $15M in its Australian IPO offering, according to The Australian. “The stock is expected to begin trading on the Australian ASX on a deferred settlement basis on June 30,” reported The Australian, “planning to issue 18.75 million shares at 80¢ apiece to… Read More

May 31, 2016 @ 4:04 pm By JD Alois  |  

  Prodigy Network is one of the largest entrants in the real estate crowdfunding sector within the US.  To date, Prodigy has raised approximately $160 million for its portfolio of property located in New York City.  What is unique about Prodigy is the fact it… Read More

May 31, 2016 @ 12:21 pm By Samantha Hurst  |  

On Tuesday, reward-based platform Crowdfunder UK announced it has formed a partnership with Cavendish Enterprise, an association made up of  business support agencies that work together across England to help the country’s start-ups and growing businesses. The duo is set to offer key crowdfunding advice and support to… Read More

May 31, 2016 @ 11:22 am By JD Alois  |  

FundedByMe has topped its minimum funding goal, according to co-founder and CEO Daniel Daboczy.  In an email, Daboczy stated their crowdfunding for equity hit 102% in 2 weeks. 231 investors will join this round. “We have decided to allow for overfunding and let the round run its… Read More

May 31, 2016 @ 10:33 am By JD Alois  |  

It was reported earlier this month that billionaire Tianqiao Chen, founder of Shanda Interactive Entertainment, had taken a significant stake in Lending Club (NYSE:LC).  Shares of Lending Club have cratered since the resignation of former CEO Renaud Laplanche. The move by Chen appeared to be an… Read More

May 31, 2016 @ 9:44 am By Samantha Hurst  |  

KoreConX, a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Tuesday that it has teamed up with Canadian ID verification company, Trulioo, to help reduce money laundering and fraud on equity crowdfunding platforms…. Read More

May 31, 2016 @ 9:02 am By Samantha Hurst  |  

On Tuesday, real estate crowdfunding platform CoAssets (NSX:CAX) announced it is expanding its operations by opening a second office in Singapore. This news comes just a couple months after the portal revealed details about its Australia expansion. Co-founder and CEO of CoAssets, Getty Goh, stated: “A series… Read More

May 31, 2016 @ 8:01 am By JD Alois  |  

SyndicateRoom has published results of a survey on the potential impact of a Brexit and their numbers indicate £2 trillion of assets will be at risk if the UK decides to leave the EU. SyndicateRoompolled more than 3000 individuals who have invested in private companies… Read More

May 29, 2016 @ 7:44 pm By JD Alois  |  

Shares in Lending Club (NYSE:LC) jumped last week as chatter popped up in a report in WSJ.com that Citigroup may be purchasing, or perhaps providing financing, for their loans.  This is the second round of positive news as it was recently revealed that Chinese billionaire Tianqiao… Read More

May 29, 2016 @ 11:59 am By JD Alois  |  

The peer to peer lending industry in India has been slow to evolve in contrast to many other nations. Yet India is the second most populous country with more than 1.2 billion people and is the most populous democracy in the world. The opportunity for… Read More

May 27, 2016 @ 9:40 am By Samantha Hurst  |  

This week, equity crowdfunding platform Seedrs, announced that it was offering a new incentive to those who see and share its latest ads on the Tube or overground. The UK portal stated: “Spot one of the Seedrs large format posters on the London Tube or on… Read More