General News

August 3, 2017 @ 10:51 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi and the Capital Markets Authority (CMA) Kenya signed a Cooperation Agreement which provides a framework for cooperation to support financial innovation in each jurisdiction. The Agreement was signed by Paul Muthaura, Chief Executive,… Read More

August 3, 2017 @ 5:45 am By Samantha Hurst  |  

Global equity crowdfunding platform OurCrowd announced on Thursday it has appointed Alan Weisleder as Partner and Executive Vice President of Investor Relations. The funding portal revealed that Weisleder will lead its global investor relations team, being responsible for developing and maximizing client acquisition and investment for its… Read More

August 2, 2017 @ 4:22 pm By Samantha Hurst  |  

Following Yancey Stickler’s announced that he was stepping down as Kickstarter CEO position, the crowdfunding platform has revealed to Crowdfund Insider that the search for its new CEO is currently in the works. As previously reported, Strickler revealed details about his upcoming departure: “Today I’m announcing… Read More

August 2, 2017 @ 3:59 pm By Samantha Hurst  |  

On Tuesday, equity crowdfunding platform Crowdcube announced in July it released an update to the iOS app that allows users to create investor discussions, view updates, and interact with other Crowdcube users through commenting. The funding portal revealed its team has been working to improve… Read More

August 2, 2017 @ 12:44 pm By Samantha Hurst  |  

NextGen Crowdfunding announced on Wednesday that the total amount in investor commitments in Title III equity crowdfunding campaigns has surpassed $50 million. The company revealed that its Crowdfunding Industry Dashboard includes data on the progress of all 342 of the Regulation Crowdfunding (Reg CF) offerings to date…. Read More

August 2, 2017 @ 11:38 am By Samantha Hurst  |  

On Tuesday, global crowdfunding platform Indiegogo announced its partner, Arrow, awarded Cinder Precision Grill $75,000 in flash funding. According to the funding portal, the Cinder uses edge-to-edge precision cooking technology to keep food within one degree of its ideal temperature for up to two hours. The… Read More

August 1, 2017 @ 8:59 am By Samantha Hurst  |  

On Monday, equity crowdfunding platform Crowdcube announced it has formed a partnership with RS Components, a distributor of electronic, electrical and industrial components. The funding portal revealed details about the collaborating by stating: “RS Components have been serving engineers and procurement specialists with high-quality parts, on… Read More

July 31, 2017 @ 12:40 pm By Samantha Hurst  |  

On Monday, Juniper Research announced its new study found that nearly 6 in 10 of large corporations1 are either actively considering, or are in the process of, deploying blockchain technology. According to the Blockchain Enterprise Survey, almost 400 company founders, executives, managers and IT responded and amongst companies who have… Read More

July 30, 2017 @ 2:41 pm By JD Alois  |  

Sadiq Khan, the Mayor of London, has invested more than £400,000 in community projects as part of Crowdfund London. Khan has pledged up to £40,000 to multiple projects, which have been selected from nearly 80 ideas from community groups who want to regenerate their local… Read More

July 28, 2017 @ 11:05 am By Samantha Hurst  |  

Acorns, a micro-investing app, announced on Friday its partnership with Adam Dell’s Clarity Money, the personal finance app that acts as the “Champion of your Money.” According to Acorns,  through this new partnership, Clarity Money customers may easily become Acorns investors and take advantage of… Read More

July 27, 2017 @ 2:51 pm By Samantha Hurst  |  

CircleUp, an investment crowdfunding platform that targets early stage consumer product companies, announced on Wednesday the roll out of its new credit advisors affiliate. The platform revealed that through CircleUp Credit Advisors approved companies may receive revolving lines of credit that are backed by their… Read More

July 27, 2017 @ 11:44 am By Erin Hobey  |  

Financeit, a point-of-sale financing provider, has expanded its executive team with two new Vice Presidents: VP of Sales Ryan D’Souza and VP of Human Resources Jennifer Honey Brannon. Following a successful year that included the acquisition of TD Bank Group’s indirect home improvement assets by Financeit… Read More

July 27, 2017 @ 11:07 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi, Labuan International Business and Financial Centre (Labuan IBFC) and Labuan Financial Services Authority (Labuan FSA) have entered new partnerships to foster greater collaboration on joint financial activities and regulatory practice that support the… Read More

July 27, 2017 @ 10:26 am By Erin Hobey  |  

UK Online investment platform SyndicateRoom has offered members the opportunity to take part in a retail bond offer for LendInvest, the leading marketplace for property lending and investing. To recap, under the offer, LendInvest proposes the issue of sterling-denominated 5.25% fixed-rate retail bond notes, which… Read More

July 25, 2017 @ 7:03 pm By Amy Wan  |  

My Facebook Messenger was blowing up this afternoon. “OMG Have you seen this?” “What does this mean?” “Can you explain what this says in stupid people talk?” They were all referring to today’s SEC  announcement on ICOs. So, I’ll take 15 minutes from what was… Read More

July 25, 2017 @ 12:42 pm By Erin Hobey  |  

Seed&Spark has made its niche within film industry crowdfunding, raising over $7M for film projects since launching in 2012 under the helm of CEO & Founder Emily Best. The platform is currently hosting a crowdfunding rally for national filmmakers in partnership with Mark Duplass.  The… Read More

July 25, 2017 @ 11:51 am By Erin Hobey  |  

U.S. electronic cash transaction network PayNearMe has partnered with Blackhawk Network (NASDAQ:HAWK), a global fintech company specializing in connecting brands and people through branded value solutions. PayNearMe now offers consumers the ability to pay with cash for rent, bills, online purchases and other goods and… Read More

July 25, 2017 @ 11:32 am By Erin Hobey  |  

DailyPay, a financial solutions company that aims to reduce employee turnover and increase retention through instant access to wages, today announced its one millionth payment made through the company’s platform. DailyPay experienced a rapid growth trajectory with its customer base growing at 30 percent month… Read More

July 25, 2017 @ 11:14 am By Erin Hobey  |  

Morgan Stanley Investment Management (NYSE: MS) has invested in iCapital Network, a fintech platform that aims to democratize alternative investments for high-net-worth individuals and their financial advisors. Morgan Stanley’s investment, together with investments from UBS Financial Services, Inc. (NYSE: UBS) and lead investor BlackRock (NYSE:… Read More

July 25, 2017 @ 10:56 am By Erin Hobey  |  

UK SME lender Growth Street has brought on board a new Director of Sales, Head of Relationship Management and Business Development Manager as the firm’s expansion continues. The new appointments bring a wealth of sector experience to Growth Street. Chan Purewal, formerly of Boost Capital and… Read More