General News

November 18, 2016 @ 3:25 pm By Samantha Hurst  |  

On Wednesday, GoFundMe announced its latest competition, the #GoBeyondGiving Challenge. The crowdfunding platform stated it is challenging people to continue the season of giving by launching a campaign on its site for those in need, community improvement projects, or a charity. By using the #GoBeyondGiving… Read More

November 18, 2016 @ 10:08 am By JD Alois  |  

At the SEC Government-Business Forum on Small Business Capital Formation yesterday (November 17, 2016), David Feldman a securities attorney with Duane Morris, delivered a brief update on Regulation A+ as created by Title IV of the JOBS Act of 2012.  This updated securities exemption became actionable… Read More

November 18, 2016 @ 8:30 am By Samantha Hurst  |  

With its Equity for Punks USA continuing to be a huge success on crowdfunding platform Bankroll,  independent brewery Brewdog took a look back at all its “Equity for Punks” campaigns throughout the years by releasing a new infographic. The famous brewery stated: “Our army of… Read More

November 18, 2016 @ 8:17 am By JD Alois  |  

Maples Fund Services, a global fund services provider, has extended its fund administration offering to the marketplace lending sector. Maples explained; “…increased regulation and tightening credit conditions at traditional banks force borrowers to seek out alternative channels, marketplace lending has gained popularity. Given demand for… Read More

November 17, 2016 @ 3:45 pm By Samantha Hurst  |  

Real estate crowdfunding platform, PeerStreet, announced on Thursday it raised $15 million during a Series A funding round, which was led by Silicon Valley venture capital firm, Andreessen Horowitz, with additional participation from The Kaiser Family Foundation, Rembrandt Venture Partners, and Montage Ventures.  The portal revealed… Read More

November 17, 2016 @ 3:06 pm By Samantha Hurst  |  

On Thursday, On Thursday, Indiegogo announced it has teamed up with healthy and hygiene brand, RB, to launch the Healthier Tomorrow Challenge. This new contest is aiming to help project organizers take their health products to consumers worldwide. Sharing details about the contest, the global crowdfunding… Read More

November 17, 2016 @ 2:35 pm By Samantha Hurst  |  

Fluent, a financial operating network for global trade, announced on Thursday it has rebranded to Hijro and unveiled its new Trade Asset Marketplace. The company revealed the rebranding represents the refocus of its brand, emphasizing its goal to become a connected network or global “waterway”… Read More

November 17, 2016 @ 1:07 pm By Samantha Hurst  |  

Community Funded, a B2B crowdfunding startup, announced on Thursday it has secured $1.81 million during a Series Seed round. The company reported it had a strong venture capital participation, which included Future Venture Capital Co., Ltd. of Japan, and also investors Ft. Collins-based Bill and Rachelle… Read More

November 17, 2016 @ 11:34 am By Samantha Hurst  |  

Goldman Sachs (NYSE:GS) has launched its first advertising campaign that is aiming towards those in need of getting out of their credit card debt and looking for a fixed-rate, lower-cost personal loan. According to CNBC, The new 15 and 30-second campaign ad will appear on various video… Read More

November 17, 2016 @ 10:51 am By Erin Hobey  |  

With 30 days remaining on its Crowdcube Spain campaign, the Barcelona fitness center chain DiR founded by CEO Ramon Canela in 1979 is going strong. Over 40% of the 360,000€ has been reached, just over 150K€ secured from over 48 investors. The largest investment to date has… Read More

November 17, 2016 @ 9:41 am By Erin Hobey  |  

After quarterly fintech investment to VC-backed companies peaked as high as US$5B+ in 2015, investors continue to take a much more cautious approach this year, according to the Pulse of Fintech, the quarterly report on global fintech VC trends published jointly by KPMG International and… Read More

November 17, 2016 @ 9:25 am By Erin Hobey  |  

SETL, Deloitte and Metro Bank have successfully demonstrated a contactless blockchain smartcard retail payment system for 100 customers of the UK-based challenger bank, according to a release. The project is part of SETL’s FCA Sandbox participation, which creates a ‘safe space’ in which businesses can test… Read More

November 17, 2016 @ 9:06 am By Erin Hobey  |  

Siirto, a new Finnish fintech platform designed and implemented by Tieto on behalf of Automatia. The real-time multi-bank mobile payment platform was launched in Finland by three of the country’s top banks, OP Bank, Nordea and Danske Bank, according to a release. “The Siirto payment platform… Read More

November 17, 2016 @ 8:40 am By Erin Hobey  |  

P2P lending platform ThinCats, which recently passed £200m milestone in loans issued to UK SMEs, has joined become an NACFB patron seeking to provide a direct link with member brokers who demonstrate similar working methods to the ThinCats model.  The move aims to “boost the professionalism of… Read More

November 17, 2016 @ 8:39 am By Samantha Hurst  |  

With #GivingTuesday less than two weeks away, crowdfunding platform YouCaring announced the 10 Most Compassionate Cities of 2016. This list is based on total donations raised per 100,000 households, providing a list of cities whose compassion and caring helps those in need. Dan Saper, President of… Read More

November 17, 2016 @ 8:06 am By Samantha Hurst  |  

Hong Kong-based peer-to-peer lending platform Monexo announced this week plans to launch an “auto invest” feature on its platform. Sharing details about the new feature, CEO of Monexo, Mukesh Bubna announced in a statement: “We understand our customers and their fast-paced lives. It is virtually… Read More

November 16, 2016 @ 4:30 pm By Samantha Hurst  |  

investFeed, a fintech startup that provides a transparent social investment network, has successfully secured more than half of its $1 million funding target through Crowdfunder. The company launched the campaign at the end of September and is seeking the funds to expand and add more key features,… Read More

November 16, 2016 @ 1:49 pm By Samantha Hurst  |  

FinTech Australia, a national association for the Australian FinTech Startup community, announced earlier this month it received a $200,000 funding grant from the Federal Treasury. This news comes just a few months after the organization secured $300,000 from Launch Victoria. Federal Treasurer Scott Morrison MP revealed details… Read More

November 16, 2016 @ 11:51 am By Samantha Hurst  |  

Nearly two weeks after announcing its first series of online awards programs, the Crowdfunding Video Awards (CVAs), NextGen Crowdfunding announced the launch of a design competition to crowdsource an award statue design for the upcoming awards. As previously reported, the CVAs will reportedly provide campaign… Read More

November 16, 2016 @ 11:07 am By Samantha Hurst  |  

On Wednesday, Crowdfunder announced it signed a partnership agreement with IBM Watson AI XPRIZE, which is described as a $5 million artificial intelligence (AI) global competition that challenges teams to develop and demonstrate how humans can collaborate with powerful AI technologies to tackle the world’s greatest… Read More