General News

November 22, 2016 @ 8:34 am By Erin Hobey  |  

Yesterday afternoon six children were killed when their school bus crashed into a tree in Chattanooga, Tennessee; in addition, nearly two dozen Woodmore Elementary School students were taken to the hospital after the accident.  The driver of the bus, Johnthony Walker, has been charged with vehicular homicide, reckless endangerment… Read More

November 22, 2016 @ 8:20 am By Jessica Pham  |  

eOriginal, Inc., a service for businesses that need to verify “secure, legally compliant and enforceable electronic asset documentation”, announced earlier this month that private equity firm LLR Partners has led investments in the company totaling $26.5 million.  The 20-year-old company will use the capital to expand its… Read More

November 22, 2016 @ 8:13 am By Erin Hobey  |  

It’s hard to believed that 500 Startups launched just six years ago given its influence.  1600+ companies, 60+ countries and 3,000 founders later, Co-Founder Dave McClure utilized the platform’s blog to reflect on the last years progress and to look forward to the company’s next… Read More

November 21, 2016 @ 2:09 pm By Samantha Hurst  |  

AU10TIX, a fully owned subsidiary of ICTS International N.V, announced on Monday it has formed a new partnership with the Startupbootcamp Fintech Accelerator Program as a way to help support fintech startups. The company reported it will put its BOS cloud service at the disposal… Read More

November 21, 2016 @ 1:47 pm By JD Alois  |  

Last time we provided an update on the Reg CF crowdfunding sector and approved funding portals there were 17 in operation. Today that number has increased to 21 FINRA approved platforms with several notable updates. Reg CF was created under Title III of the JOBS… Read More

November 21, 2016 @ 10:47 am By Samantha Hurst  |  

Last week, crowdfunding platform for games, Fig, announced it was increasing the minimum dividend rate of Psychonauts 2 Fig Game Shares from 30% to 70%. CEO of Fig, Justin Bailey also revealed that the details of the dividend rate increase are laid out in a supplement to its offering… Read More

November 21, 2016 @ 10:03 am By Samantha Hurst  |  

On Monday, Metro Bank announced it has teamed up with fintech company Backbase to launch a new commercial banking platform. This collaboration was reportedly established to further Metro Bank’s customer base expansion. According to Metro Bank, the new banking platform will allow customers to have… Read More

November 21, 2016 @ 8:00 am By JD Alois  |  

PwC and the Crowdfunding Centre are prepping to jointly publish a report in early 2017 entitled “Women Unbound”.  Their initial feedback indicates that women led crowdfunding campaigns are significantly more successful than those led by men across most industries – and across the world. The… Read More

November 19, 2016 @ 7:07 am By Samantha Hurst  |  

Earlier this month, Crowdfunder UK’s Jess Ratty sat down with What A Melon’s Olly Bolton to discuss the company’s success at Virgin Media Business’ VOOM 2016. The Crowdfunder UK alum and beverage brand won £112,000 during the big event. As previously reported, What a Melon was… Read More

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