General News

December 1, 2016 @ 1:05 pm By Samantha Hurst  |  

On Thursday, NextGen Crowdfunding announced it is now accepting submissions for its Crowdfunding Video Awards (CVAs). Last month, the company revealed details about the CVAs, which will notably recognize the best pitch videos from both reward and equity crowdfunding campaigns. NextGen stated it is now… Read More

December 1, 2016 @ 11:58 am By Samantha Hurst  |  

Connecticut Innovations (CI) announced on Thursday it invested $1.5 million in Dream Payments, a fintech company that provides a cloud-based mobile payment platform for merchants and financial institutions. CI stated that the $1.5 million investment will help to further fuel the growth of Dream’s market share… Read More

December 1, 2016 @ 10:02 am By Erin Hobey  |  

TWINO Group, a European consumer lender which has been operating since 2009 with its P2P lending platform launching in 2015, provides unsecured consumer loans for private individuals in ten countries, including Poland, Russia and Georgia, with an intention to move into Mexico. TWINO’s P2P lending platform offers… Read More

December 1, 2016 @ 9:33 am By Samantha Hurst  |  

Honeyfund, a crowdfunding platform dedicated to honeymoons, announced on Thursday the launch of its new universal travel and experience gift card. According to the funding portal, the Honeyfund Gift Card recipients can redeem the card for unlimited travel experiences from top partners including Hotels.com, Delta Air Lines, Royal… Read More

December 1, 2016 @ 9:33 am By Erin Hobey  |  

Societe Generale today announced a new agreement with Smartkarma, an informational online investment platform which focuses on the Asian markets. Under this global agreement, Societe Generale will provide its institutional clients access to a new form of equity research based on demand driven and customised… Read More

December 1, 2016 @ 9:16 am By Erin Hobey  |  

National Funding, this year’s title sponsor of the Holiday Bowl, announced today that the platform has pledged up to $100,000 to match all public ticket donations for first responders and military service members. To date, National Lending has deployed more than $1.5 billion nationally. The San Diego business community… Read More

December 1, 2016 @ 9:00 am By Samantha Hurst  |  

PledgeMusic’s co-founder Malcolm Dunbar has reportedly signed a new long-term deal with the crowdfunding platform and is set to continue as its UK and Europe president, along with other new international duties. According to PledgeMusic, Dunbar’s stewardship has led the crowdfunding platform to its most successful… Read More

December 1, 2016 @ 9:00 am By Erin Hobey  |  

PeerIQ, a data and analytics provider in the marketplace lending sector, and TransUnion (NYSE: TRU), a global information solutions provider, today announced a strategic partnership to bring enhanced transparency and insight to alternative lending markets. “Our partnership with TransUnion is a significant milestone for us, and… Read More

November 30, 2016 @ 3:20 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Wednesday it has appointed Bill Lanting as Vice President of Commercial Debt Originations. Lanting reportedly brings real estate financing experience to RealtyShares and was previously an executive with Radisson and Wyndham Hotels. Nav Athwal, RealtyShares Founder and CEO,… Read More

November 30, 2016 @ 2:32 pm By Samantha Hurst  |  

On Tuesday, New York City-based Crowdnetic Corporation announced it has officially rebranded to FinMkt. The company revealed the rebranding will allow the company to better communicate its core focus on marketplace technology solutions for financial services. FinMkt is looking to help organizations deploy marketplace solutions in… Read More

November 30, 2016 @ 1:44 pm By Samantha Hurst  |  

On Wednesday, GoFundMe announced campaigns on its crowdfunding platform raised more than $7.4 million on #GivingTuesday 2016. The website confirmed it was the largest single day of giving in its history. GoFundMe confirmed the campaigns on its platform received a 46% increase in funds from… Read More

November 30, 2016 @ 11:54 am By Samantha Hurst  |  

Following the 2016 #GivingTuesday, YouCaring announced its top 10 crowdfunding campaigns for the annual event, which was held yesterday (November 29th). The top 10 campaigns are listed below. Heat for the Sisters (Peekskill, NY): A group of nuns crowdfund to repair their convent. Yuan’s Dying… Read More

November 30, 2016 @ 9:46 am By Samantha Hurst  |  

Finstar Financial Group, a fintech-focused international private equity group, announced on Wednesday it invested $3 million in Rocket10, a mobile marketing agency. Finstar also secured the right to further increase its equity stake in Rocket10. Finstar revealed it would utilize Rocket10’s mobile marketing technology across the Group’s portfolio… Read More

November 30, 2016 @ 8:52 am By Samantha Hurst  |  

 OnDeck (NYSE: ONDK) announced on Wednesday it appointed Nick Brown as its new Chief Risk Officer. Brown will reportedly oversee the online lender’s credit and risk management strategy and execution, which includes credit and operational risk controls, portfolio monitoring, and the further development and optimization… Read More

November 30, 2016 @ 7:43 am By JD Alois  |  

Innovate Finance has published a “Women in Fintech Powerlist” for 2016. Approximately 200 women in Fintech globally have been featured on their list. The list was created to celebrate the contributions of women who increasingly play a vital role in the development of the global… Read More

November 29, 2016 @ 9:39 pm By JD Alois  |  

P2P lending rating agency 4thWay is highlighting that 77 IFISA applications are in limbo at the Financial Conduct Authority waiting for full authorisation.  Within this group, ten of the largest UK P2P lenders are still in the queue.  In what was expected to be a… Read More

November 29, 2016 @ 9:12 pm By Jessica Pham  |  

November is National Entrepreneurship Month and Suffolk University in Boston celebrated by organizing experiential courses on crowdfunding.  During Global Entrepreneurship Week on November 14, students partaking in the programs launched campaigns on Kickstarter and Indiegogo to support their startups.  Seven startups and campaigns have launched… Read More

November 29, 2016 @ 4:28 pm By Samantha Hurst  |  

The Stockholm Fintech Hub, an independent, not-for-profit hub, is set to launch in the first quarter of 2017. The hub’s mission is to accelerate and promote the development of Sweden’s fintech, insurtech, and regtech startups. It was created by Matthew Argent, Partner BLC Advisors, KPMG,… Read More

November 29, 2016 @ 1:29 pm By Samantha Hurst  |  

On Tuesday, Indiegogo funded startup OhMiBod announced the debut of its new wearable massager, the Club Vibe 3.OH. The company described the device as a vibrator that is designed to enhance couples’ intimacy, passion, and excitement without giving up privacy. Sharing details about the product,  Suki Dunham, founder of… Read More

November 29, 2016 @ 10:31 am By Erin Hobey  |  

During the last week Spanish fitness center DiR‘s crowdfunding campaign has gained traction. With 18 days remaining on its Crowdcube Spain campaign, the fitness center chain DiR founded in Barcelona by CEO Ramon Canela in 1979 is now 120% overfunding, having raised over 432,475€ of its initial 360,000€ goal. The largest investment to date has… Read More