General News

October 4, 2016 @ 9:58 am By Samantha Hurst  |  

On Tuesday, fintech lender iwoca announced it secured £21 million during a Series C equity financing round, which was led by Prime Ventures. This new round notably brings iwoca’s total equity funding to £38 million. iwoca stated it has also raised £25 million secured debt… Read More

October 4, 2016 @ 8:22 am By Samantha Hurst  |  

On Tuesday, crowdfunding portal Crowdfunder UK announced it has teamed up with Santander to launch a £200,000 fund, called Changemaker, that is dedicated to social enterprises and community projects across the UK. According to the funding platform, the new fund is open to social enterprises, small… Read More

October 4, 2016 @ 6:21 am By Erin Hobey  |  

Smava, the German marketplace lender, has secured a $34M in a funding round led by Runa Capital, with additional participation from the Scandinavian private equity firm Verdane Capital, mojo.capital and existing investors, reported AltFi News. Runs, an active investor in the alternative finance sector, has also invested in… Read More

October 4, 2016 @ 5:34 am By Erin Hobey  |  

Auckland-based celebrity chef Robert Oliver launched a PledgeMe campaign to equity crowdfund his Pacific-styled fine dining restaurant in Auckland. KP Auckland Limited is seeking to raise between $450,000 and $600,000 which represents 42.9%–50% of the company. Shares are $1 each with a minimum investment of $500…. Read More

October 4, 2016 @ 5:14 am By Erin Hobey  |  

Ken DeGiglio has joined the securities lending platform EquiLend Holdings LLC as its first CIO, according to a release. Effective immediately, DeGiglio is responsible for aligning EquiLend’s technology vision with business strategy and integrating company processes with the appropriate technologies. He is also responsible for all aspects… Read More

October 4, 2016 @ 4:37 am By Erin Hobey  |  

LendIt, the prominent online lending conference dedicated to connecting the global online lending community, today announced the shortlist for its competition PitchIt @ LendIt, which is organized in partnership with Capital One, an information-based lending company. This year’s finalists are Credit Kudos, GIROMATCH, KASKO, Lenderwize Ltd, LendingWell,… Read More

October 3, 2016 @ 10:49 am By Samantha Hurst  |  

Impact Guru, an India-based “full stack crowdfunding solution,” announced on Monday it has formed a partnership with crowdfunding platform, GlobalGiving, to promote the joy of giving during the 2016 Daan Utsav. Impact Guru stated that the companies will t host an online crowdfunding contest during the… Read More

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