General News

February 21, 2017 @ 9:40 am By Samantha Hurst  |  

Consumer Financial Data Rights Group (CFDR), a new organization that was created to defend consumers’ access to their data and fuels innovation in the fintech industry, announced on Tuesday it has submitted a response to the Consumer Financial Protection Bureau’s (CFPB) request for information (RFI) in regards… Read More

February 21, 2017 @ 8:23 am By Erin Hobey  |  

BlackRock (BLQA) has entered into a joint venture with Germany fintech robo-operator platform Youvestor, according to a press release. BlackRock is primarily aiming the venture to insurance agents, brokers and financial advisors,  distributing its products directly through Youvestor to both end-users and consultants. Mediators will enjoy complete customer and stock protection and obtain a… Read More

February 21, 2017 @ 8:03 am By Erin Hobey  |  

Now the New Zealand-based marketplace lender Harmoney has launched in Brisbane, Australia with over $200M in lending capital targeting the  40+ demographic , according to Australian Broker. Interest rates on the company’s unsecured loans start at 8.99% p.a. with no early repayment fees and the ability to borrow… Read More

February 21, 2017 @ 5:35 am By Erin Hobey  |  

Closing in on $670K, LA-based LOVE Turntable’s Kickstarter campaign easily surpassed its stretch goal with the help of over 1918 backers with 15 days remaining on the campaign. The startup flew past its initial goal within hours of launching its campaign which brings its smartphone-controlled turntable to… Read More

February 20, 2017 @ 3:47 pm By JD Alois  |  

There was a brief period in crowdfunding history where 3D Printers were quite the rage. Thousands of backers pumped millions of dollars into all sorts of iterations of the now ubiquitous 3D printers. Of course today the sector is intensely competitive. Just hop on over… Read More

February 19, 2017 @ 1:38 pm By JD Alois  |  

NextGen Crowdfunding has recently posted their next round of crowdfunding videos as part of their ongoing competition to uncover and showcase the best of the best pitch videos.  You may vote for your favorite here but we have shared the top three below. The winner… Read More

February 18, 2017 @ 9:31 am By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube celebrated its sixth year anniversary on Friday by looking back at its successes throughout the years. The Crowdcube team revealed that since its launch, the platform has helped over 430 companies secure £200 million. The website revealed its latest infographic… Read More

February 17, 2017 @ 4:39 pm By Samantha Hurst  |  

Comic book company, Dark Horse, announced this week it formed a partnership with Kickstarter success and popular SciFi series, Mystery Science Theater 3000. As previously reported, Hodgson launched a crowdfunding campaign on Kickstarter in 2015 with a mission to raise as much funds as he could to reboot Mystery Science… Read More

February 17, 2017 @ 4:36 pm By JD Alois  |  

Why are more companies staying private? That’s a good question. Many moons ago, it was the ambition of most young promising companies to get big enough to “go public” and do an initial public offering (IPO). Becoming a listed company was viewed as a stamp… Read More

February 17, 2017 @ 4:15 pm By Samantha Hurst  |  

On Thursday, crowdfunding giant Kickstarter announced its users may now enjoy its live video and real-time community engagement feature, Kickstarter Live, on both its homepage and iPhone/iPad apps. As previously reported, Kickstarter Live has been used for various projects, including broadcast cooking shows, live product demos, singing… Read More

February 17, 2017 @ 3:51 pm By Samantha Hurst  |  

London-based blockchain startup Tramonex as reportedly received the first approval from UK’s Financial Conduct Authority (FCA) to issue digital money. The company received the approval on January 25th and may now issue electronic money (e-money) and provide payment services. According to the FCA, Tramonex has… Read More

February 17, 2017 @ 2:31 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Lending Works announced on Friday it has reopened the window for ISA contributions. The platform claimed it is the first P2PFA member to launch an Innovative Finance ISA (IFISA) last week and filled its first ISA tranche of £2.5 million within 24… Read More

February 17, 2017 @ 9:47 am By JD Alois  |  

Tech Coast Angels’ (TCA) ACE Fund II has announced a highly successful exit that was described as unique in three ways: the time to exit was very short (two years) the exit had a very high return (7.8x) the company was based in the heart… Read More

February 16, 2017 @ 9:24 pm By Georgia Quinn  |  

  First off, we all owe Tony a debt of gratitude for actually drafting this set of regulations. Legislative drafting is yeoman’s work especially when it comes to tax law. This new legislation solves for two extremely important problems in the U.S. economy and society…. Read More

February 16, 2017 @ 2:51 pm By Samantha Hurst  |  

The second annual Crowd Invest Summit West is set to be held on September 6th and 7th at the Los Angeles Convention Center. The event was notably developed with the vision that every  American, both accredited or non-accredited investors, may now be a venture capitalist. Returning sponsors include… Read More

February 16, 2017 @ 1:32 pm By Samantha Hurst  |  

Fintech company OpenFin announced on Thursday it has secured $15 million during its Series B funding round, which was led by J.P. Morgan, Euclid Opportunities, and Bain Capital Ventures. OpenFin describes itself as a financial industry common operating layer. The company enables rapid and secure… Read More

February 16, 2017 @ 12:04 pm By Samantha Hurst  |  

Global equity crowdfunding platform OurCrowd announced the top ten investment tech trends during its 2017 Global Investor Summit. The event attracted 6,000 guests from 82 countries. Also in attendance were more than 200 multinational corporations, which includes Honda, Innogy, GE, Shell, Intuit, Microsoft, and Samsung… Read More

February 16, 2017 @ 9:04 am By Samantha Hurst  |  

Australia’s Auswide Bank Ltd. (ASX:ABA) announced on Thursday it is increasing its equity stake in peer-to-peer lender MoneyPlace Holdings Pty Ltd. According to Auswide Bank, it will have a controlling interest of at least 51% in MoneyPlace with the potential to increase that interest up… Read More

February 16, 2017 @ 8:00 am By JD Alois  |  

SeedInvest, a leading equity crowdfunding platform, has revealed a new partnership with Jason Calacanis’ Launch Festival. Launch is said to be the largest startup event in the United States. Past headliners at Launch have included Mark Cuban, Paul Graham, Evan Williams, and Yves Behar. Calacanis is… Read More

February 16, 2017 @ 4:59 am By Erin Hobey  |  

According to student support organization College Board, published tuition fees for 2014/15 at state colleges are an average of $9,139 for state residents, and $22,958 for out-of-staters. $31,231 is the average tuition for private non-profit colleges, with Harvey Mudd College topping the list with $67,255…. Read More