General News

October 3, 2016 @ 8:34 am By Samantha Hurst  |  

Last week, Cyanide & Happiness announced it was starting to ship its Kickstarter-funded  card game, Joking Hazard. The popular webcomic launched its campaign on the crowdfunding giant’s platform earlier this year and raised a grand total of $3,246,588 from 63,758 backers. This made Joking Hazard the… Read More

October 3, 2016 @ 8:17 am By JD Alois  |  

World First, a money transfer and FX firm, has commissioned a report by the Centre for Economics & Business Research (CEBR) that states there is a £141.3 billion export shortfall being experienced by UK SMEs. The report, entitled Thinking Global: The route to UK exporting success,… Read More

October 2, 2016 @ 7:29 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced the agenda for the Advisory Committee on Small and Emerging Companies (ACSEC) meeting scheduled for October 5th. The Committee will be reviewing regulation S‑K disclosure requirements, research regarding corporate board diversity, and outreach to smaller companies about… Read More

September 30, 2016 @ 4:18 pm By Samantha Hurst  |  

On Thursday, New Zealand-based crowdfunding platform PledgeMe announced it was hitting the road again for a new North Island tour. This past spring, the funding portal conducted a “Tour de South Island” to share with orders the concept of equity crowdfunding. The PledgeMe team revealed:… Read More

September 30, 2016 @ 11:55 am By Erin Hobey  |  

Remitly, an independent mobile remittance company in the US, announced its receipt of  $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will aid in the company’s expansion to deliver international fund transfers… Read More

September 30, 2016 @ 11:32 am By Erin Hobey  |  

“It is a no brainer as to where we should set up our first office in Europe,” commented OurCrowd Founder and CEO Jon Medved in a recent Finance Feeds post. “Britain is an increasingly interesting place, and very entrepreneurial. Israeli companies are choosing to set up in Britain and there… Read More

September 30, 2016 @ 9:59 am By Samantha Hurst  |  

On Friday, Indiegogo announced it has teamed up with General Assembly, 500 Startups, TechStars, Startups.co, and Rent the Runway to present Startup Fundraising 101, a guide that reveals the pros and cons of finding funding. The guide will also walk readers through crowdfunding, bootstrapping, and even… Read More

September 30, 2016 @ 9:15 am By Samantha Hurst  |  

Last week, JPMorgan Chase & Co. (NYSE: JPM) announced it has made an equity investment in California fintech firm, InvestCloud. The banking giant also confirmed it has formed a strategic partnership with InvestCloud to accelerate its development of brand new digital capabilities for individual investors… Read More

September 30, 2016 @ 8:39 am By JD Alois  |  

LendIt, the prominent online lending conference, is predicting a hugely successful event in New York this coming Spring. Each year the gathering has grown. Reportedly 2017 will be no different as Lendit expects over 5,000 participants from around the world. LendIt began in the US… Read More

September 30, 2016 @ 7:03 am By Erin Hobey  |  

Small Change offers the crowd to partake in the revitalization and redevelopment of Pittsburgh real estate. Its Buvinger Building campaign launched earlier this summer is now headed toward the home stretch, closing in on its  $238,500 goal. At this writing, 85% of the funds, $203,250, have been raised by 13 investors…. Read More

September 30, 2016 @ 6:35 am By Erin Hobey  |  

Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history, said the platform. Funding was sourced from Blume Ventures, Mumbai Angels and ah! Ventures along with prominent international investors such as Digital Currency… Read More

September 29, 2016 @ 3:43 pm By Samantha Hurst  |  

California-based fintech startup Kyriba Corp. announced on Thursday it has successfully secured $23 million during its recent Series D funding round, which was led by Bpifrance. Additional investors included HSBC (NYSE: HSBC) and Daher Capital. The company stated it plans to use the funds to deepen its… Read More

September 29, 2016 @ 1:35 pm By Samantha Hurst  |  

On Wednesday, crowdfunding platform for music, PledgeMusic, announced it has officially finalized its acquisition of Set.fm and has appointed founder and CEO of Set.Fm, Matt Peterson, as its Austin general manager.  Peterson will be reporting to PledgeMusic’s CEO Dominic Pandiscia. Launched in 2012 by Peterson, Set.fm allows… Read More

September 29, 2016 @ 10:00 am By Samantha Hurst  |  

On Wednesday, Kickstarter announced it was set to present The Future Fablab, which is described as a collection of machines that turn digital dreams into physical reality, at World Maker Faire 2016 at the New York Hall of Science this weekend (October 1st and 2nd)…. Read More

September 29, 2016 @ 9:00 am By Samantha Hurst  |  

On Thursday, international financial services group Manulife announced the opening of its third Lab of Forward Thinking (LOFT) location in Singapore. The lab is described as a global exploration and incubation capability that provides a platform for Manulife’s employees to collaborate and devise new technology… Read More

September 29, 2016 @ 8:50 am By Erin Hobey  |  

Since Monday morning, ICONOMI, the globally licensed and regulated bitcoin exchange, has quickly raised an additional $3 million through its “ICO” (Initial Coin Offering) after the “uberized fund management” platform raised to its approximately $5.8 million raised in the campaign’s first month. As of this writing, ICONOMI has now eclipsed… Read More

September 29, 2016 @ 8:06 am By Erin Hobey  |  

Canadian fintech company Lendified Holdings Inc. and its subsidiary and direct lender, Lendified Inc. announced today that their subsidiary Vault Circle Inc. has received an exempt market dealer license from the Ontario Securities Commission (OSC) for its investment business. This marks the achievement of a significant milestone not… Read More

September 29, 2016 @ 7:58 am By Samantha Hurst  |  

 Early-stage venture firm Amino Capital Management Company, LLC (“Amino Capital”) announced on Thursday the closing of its $50 million second fund, Amino Capital II, L.P.(formerly zPark Capital II, L.P., the “Fund”).  Amino Capital’s $50 million second fund expands investments to include not only seed-stage ventures… Read More

September 29, 2016 @ 7:46 am By Erin Hobey  |  

This month the Spanish financial regulator Securities Exchange Commission (CNMV)  authorized MytripleA as a Platform for Participatory Financing, the formal name for a crowdlending platform. This is one of the first actions to implement Law 5/2015 Promotion of Corporate Financing. “Alternative financing is growing rapidly in… Read More

September 29, 2016 @ 7:06 am By Erin Hobey  |  

Distributed ledger technology is set to move out of the test environment and into the wild next year, with nearly two thirds of banks expecting to be in production with full-scale, commercial blockchain projects by 2019, according to research from IBM. While banks and financial market… Read More