General News

January 10, 2017 @ 6:11 am By Erin Hobey  |  

“Together we can create it all. Crowdfunding helps to bring us together,” stated Jason Butcher. The National Crowdfunding Association of Canada (NCFA Canada) tapped Parallel Payments founder Jason Butcher to join its Association’s Crowdfunding Ambassadors Program. Crowdfunding Ambassadors, leaders, educators, supporters and advocates of an inclusive and broad-based crowdfunding industry… Read More

January 9, 2017 @ 11:09 pm By JD Alois  |  

CrowdfundBeat Media has named Jason Best and Sherwood Neiss as Crowdfunding Persons of the Year for 2017. Best and Neiss are co-founders of Crowdfund Capital Advisors a consulting group focused on the global alternative finance industry.  CrowdfundBeat Media stated; “Each year, Crowdfund Beat Media Group… Read More

January 9, 2017 @ 10:20 pm By Jessica Pham  |  

Barclays has unveiled a new mobile service for SMEs in the UK that provides almost instant loans.  Barclays Mobile Banking app touts that it will approve loans in under an hour, significantly reducing general wait times that can take weeks.  The company states that SMEs… Read More

January 9, 2017 @ 3:44 pm By Samantha Hurst  |  

MobileCause, a mobile, social and online fundraising platform, announced on Monday it raised $15 million during its Series B funding round, which was led by New York-based technology-focused growth equity firm Level Equity. According to MobileCause, the Series B funding round’s funds will be used… Read More

January 9, 2017 @ 3:21 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it closed a record $35.6 million in commercial real estate loans in December 2016. The marketplace lender revealed that December’s transactions reflect short-term bridge loans for a mix of property types, including retail, office and… Read More

January 9, 2017 @ 12:13 pm By Jessica Pham  |  

Peer to peer lending platform Wellesley has been crowdfunding on Seedrs for almost a month to raise £1.5M (approximately $1.82M). The campaign is currently restricted to Wellesley customers so it is hard to track. Investors have the chance to buy shares in the P2P platform… Read More

January 9, 2017 @ 11:36 am By Samantha Hurst  |  

AlliedCrowds announced on Monday its 2016 recap and its priorities for the 2017 fiscal year. This information comes less than a month after the company unveiled plans to launch its very own peer-to-peer lending platform, AlliedExchange. The company shared: “With 2016 behind us, we wanted… Read More

January 9, 2017 @ 9:21 am By Samantha Hurst  |  

On Monday, Verint Systems, Inc. (Nasdaq: VRNT) announced that Chinese fintech firm CreditEase, is set to use is Verint’s Speech Analytics, along with Call Recording, and Quality Management, as a way to support the transformation of its customer engagement platform. CreditEase reportedly stated that since it implemented Verint’s… Read More

January 7, 2017 @ 5:24 pm By JD Alois  |  

VidAngel Asks Investors / Supporters to Call Members of Congress to Aid in their Legal Battle VidAngel has been slapped down once again in its ongoing legal battle with the big movie studios. VidAngel, a video on demand service that uses an interesting workaround to… Read More

January 6, 2017 @ 4:48 pm By Samantha Hurst  |  

Earlier this week, Indiegogo success TrackR announced it formed a partnership with family safety assistant app, GeoZilla for a family radar feature. The companies revealed consumers simply connect its products to GeoZilla and add family items such as car keys, pets, remotes, and backpacks on its family… Read More

January 6, 2017 @ 2:53 pm By Samantha Hurst  |  

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo (formerly Mondo) shared more details about 2016’s successes. Monzo had a great year with many milestones. Over the summer, the company declared itself a licensed bank and more than 200,000 people have signed… Read More

January 5, 2017 @ 10:34 pm By JD Alois  |  

A report by Renaissance Capital shows the US IPO market tanking in 2016.  The proceeds from IPOs dipped to the lowest level since 2003. This includes the dark years of the Great Recession. While the IPO had a grim year, the researchers at Renaissance are… Read More

January 5, 2017 @ 4:25 pm By Erin Hobey  |  

Smalle Technologies has developed the eForcis, an electricity generator especially designed for buoys that culls electricity from the ocean and sea waves. especially designed for buoys. eForcis aims to deliver constant and reliable energy supply leveraging simple electromagnetic principles, studied and tested under challenging marine conditions… Read More

January 5, 2017 @ 2:15 pm By Erin Hobey  |  

The Bitfury Group, a global Blockchain tech company, announced that in collaboration with the international law firm Covington, it plans to launch the “first ever” Global Blockchain Business Council (GBBC) around the World Economic Forum 2017 Annual Meeting in Davos, Switzerland this January. “The GBBC will… Read More

January 5, 2017 @ 1:59 pm By Erin Hobey  |  

Tech Coast Angels (TCA) and  (MatriSys Bio) today announced the completion of their $1.5 million convertible note financing round.  This round of funding will be used to support and accelerate clinical trials for atopic dermatitis and continue preclinical work to support MatriSys’ growing pipeline of live biologic… Read More

January 5, 2017 @ 11:37 am By Samantha Hurst  |  

Lobster, the search and licensing platform for user-generated content, announced on Monday it received an additional £1 million investment to further enhance its AI-powered search. The company stated in the upcoming month it plans to release an update, which will bring smart search to video…. Read More

January 5, 2017 @ 10:17 am By Erin Hobey  |  

Seedrs announced that during 2016 more than £85M was invested by the crowd in 159 campaigns. Since launching by Jeff Lynn and Carlos Silva in 2012, Seedrs has facilitated more than 450 deals and counts £190M raised through its platform. “The ongoing success of many of our portfolio… Read More

January 5, 2017 @ 9:58 am By Samantha Hurst  |  

OTC Markets Group, the operator of the OTCQX, OTCQB, and Pink financial markets for 10,000 U.S. and global securities, announced on Wednesday it is offering an exemption for OTCQX companies that report under the Alternative Reporting Standard (ARS) to trade on the OTCQB Venture Market if… Read More

January 4, 2017 @ 10:36 am By JD Alois  |  

Multiple news sources are reporting that Jay Clayton will be President-elect Donald Trump’s selection for the Chair of the Securities and Exchange Commission (SEC). Reuters published a statement by President-elect Trump; “Jay Clayton is a highly talented expert on many aspects of financial and regulatory law, and… Read More

January 3, 2017 @ 8:16 pm By JD Alois  |  

As the crowdfunding industry has evolved, both investment and rewards, the pitch video has emerged as an important variable in crafting a powerful message to back a campaign. Many of the biggest campaigns of all time benefited from a viral video that captured the attention of… Read More