General News

October 31, 2016 @ 11:34 am By Therese Torris  |  

The second reform of France’s crowdfunding regulation has officially come into force. Resulting from tight cooperation between industry professionals, regulators and government authorities, the new measures expand the scope of both crowdlending and crowdinvesting. The first French regulation of crowdfunding was issued in October 2014…. Read More

October 30, 2016 @ 7:48 pm By JD Alois  |  

Wangdaizhijia (or wdzj.com), an alternative finance news and data platform in China, has published two interesting reports on the state of internet finance in the largest altfi market in the world. The first document focuses on peer to peer lending. The second publication is on… Read More

October 30, 2016 @ 12:12 pm By JD Alois  |  

The National Crowdfunding Association of Canada (NCFA Canada) recently held its annual event in Vancouver. VanFUNDING 2016 incorporated a “pitching showcase” and the winning companies were: ChatterHigh, Glance, My Green Space and Starling Minds. VanFUNDING was created to be all about boosting online and alternative… Read More

October 28, 2016 @ 5:16 pm By JD Alois  |  

Orchard Platform is out with their weekly report and they are reporting that “things appear to be getting back on track” as money is flowing back into the online lending sector.  New loan issuance is being led by platforms like SoFi and Avant. If this… Read More

October 28, 2016 @ 4:39 pm By JD Alois  |  

OTC Markets has scheduled a one-day “Bootcamp” on leveraging updated rules enacted under Title IV of the JOBS Act. OTC Markets and Crowdfund Beat Media will be co-hosting a gathering at OTC headquarters in New York City to provide smaller companies the information they need… Read More

October 28, 2016 @ 12:14 pm By JD Alois  |  

    The CrowdfundingHub has published a report on the rise of equity crowdfunding across Europe. The  document provides a snapshot perspective on sector growth noting that more evolved markets have gained investor trust but risks remain. Pointing to data provided by the Cambridge Centre… Read More

October 28, 2016 @ 11:21 am By Samantha Hurst  |  

On Thursday, Indiegogo and Arrow Electronics announced they gave interactive pet camera and toy company, PlayDate, $100,000 in flash funding. The duo revealed: “We are excited to announce the final winner of Arrow flash funding this month: the team behind PlayDate, an interactive pet camera and… Read More

October 28, 2016 @ 10:02 am By Samantha Hurst  |  

Marketplace investment platform Income& announced on Thursday its launch from Alpha into Beta. The website revealed that for the Beta launch it has developed an interface that allows investment advisors and accredited investors to easily register and purchase PRIMOs. Brad Walker, CEO of Income& shared details… Read More

October 28, 2016 @ 8:59 am By Samantha Hurst  |  

On Friday, crowdfunding platform FundedByMe announced it has been selected as a finalist for the third annual Global Ventures’ Fintech Competition. True Global Ventures is an international, early-stage super-angel investment firm that was formed by technology entrepreneurs-turned-angel-investors who have done more than 600 investments on… Read More

October 27, 2016 @ 11:48 am By Samantha Hurst  |  

On Wednesday, Elio Motors, Inc. (OTCQX: ELIO) announced it has engaged Oppenheimer & Co. Inc. and Northland Capital Markets for investment banking services, which includes strategic advisory, financing, and capital markets strategies. Sharing details about the new collaboration, Paul Elio, founder and CEO of Elio Motors, stated: “Elio Motors continues… Read More

October 27, 2016 @ 10:26 am By Erin Hobey  |  

In less than two weeks, Polygons, the origami-inspired flat 4-in-1 spoon, is performing beyond measure on its Kickstarter campaign, having already surpassed $500K stretch goal.  At this writing the flat spoon has raised over $542,000 from over 19,432 backers… the stats increase with each click… quite a… Read More

October 27, 2016 @ 9:33 am By Erin Hobey  |  

The fintech and insurtech company IATAI Enterprises (IATAI) launched OnePocket, a frictionless and secure mobile payment method that allows customers to use Visa Checkout and in-store. The payment method was unveiled at Money20/20. Visa Checkout is an online checkout service that allows customers to make purchases from their smartphone, tablet,… Read More

October 27, 2016 @ 9:16 am By Erin Hobey  |  

Climb Credit, a leading US online student lending platforms, announced that fintech pioneer Angela Ceresnie has joined the company as Chief Operating Officer. Ceresnie will be leading efforts to scale the business to a growing pool of partnerships with alternative education providers across the country. A seasoned… Read More

October 27, 2016 @ 8:45 am By Samantha Hurst  |  

Earlier this week, peer-to-peer lender Zopa announced it will be hosting Zopathon16, which is described as a 24-hour opportunity to developers, product people, and designers to present their fintech ideas.  The lender revealed: “After last year’s success we decided to replicate it this year with a new… Read More

October 27, 2016 @ 8:28 am By Erin Hobey  |  

ReliaMax, a fintech-based and complete private student lending solutions provider, announced the launch of borrower acquisition channel partnerships as part of its Connext Private Student Loans by ReliaMax platform. The inaugural partners include LendingTree, SimpleTuition, Upstart and Student Loan Hero. Borrowers may now access ReliaMax’s Connext… Read More

October 26, 2016 @ 4:05 pm By Samantha Hurst  |  

On Wednesday, Crowdfunder UK announced the Santander Changemaker Fund has given Goldfinger Factory £10,000. Goldfinger described as an award-winning factory that turns wasted wood into beautiful furniture, jewellery and interior products. Crowdfunder UK revealed earlier this month it teamed up with Santander for the fund, which… Read More

October 26, 2016 @ 1:45 pm By Samantha Hurst  |  

Earlier this week, Accenture (NYSE: ACN) and the Partnership Fund for New York City announced their FinTech Innovation Lab is now accepting applications for its seventh annual class. The FinTech Innovation Lab is described as a program for entrepreneurs that are developing disruptive, pioneering technologies for the financial… Read More

October 26, 2016 @ 1:11 pm By Erin Hobey  |  

Short-term working capital provider KredX, which helps small businesses get short-term working capital by discounting their unpaid invoices, has raised $6.25 Million in Series A round of funding. The funding round was led by Sequoia Capital India and the company’s existing investor, Prime Venture Partners. The fresh funds will… Read More

October 26, 2016 @ 12:52 pm By Erin Hobey  |  

From your scooter to mine in less than two days?  Mumbai-based fintech startup CreditMate has raised $500K from the India Quotient VC fund. Founded this year by Jonathan Bill and Aditya Singh, CreditMate is an online lending platform focused on the used motorbike and scooter market in India.  The platforms aims to provide affordable loans for… Read More

October 26, 2016 @ 12:43 pm By Samantha Hurst  |  

Investment crowdfunding platform Growthdeck announced it has merged with merged with the established HNW investor club and syndicator, Radius Equity, to create a premium VC-crowdfunding hybrid. This news comes just a few months after Growthdeck secured over £1 million through its self-crowdfunding campaign. Radius Equity, which is described as… Read More