General News

August 23, 2016 @ 9:16 am By Samantha Hurst  |  

Real estate crowdfunding platform iFunding announced on Tuesday it raised $1.95 million in preferred equity for a student housing apartment community which is located in Gainesville, Florida. The investment is being made just as the more than 600 bedroom property prepares to open for occupancy. Sharing details… Read More

August 22, 2016 @ 12:49 pm By Samantha Hurst  |  

Equity crowdfunding platform Invesdor announced this week that the first annual Helsinki Blockchain Conference is set to be held on August 26th at Microsoft Flux. The funding portal shared the event’s description, which reads: “We are delighted to invite you to Helsinki Blockchain Conference 2016,… Read More

August 22, 2016 @ 12:06 pm By Samantha Hurst  |  

Real estate crowdfunding platform, RealtyMogul.com, announced on Monday it has appointed Sameer Shamsuddin as chief technology officer and Niall Weintraub as vice president of marketing. Both hires are part of the new wave of talent that it joining the funding platform’s Los Angeles office this month. RealtyMogul.com… Read More

August 22, 2016 @ 10:54 am By Samantha Hurst  |  

On Monday, Kickfurther announced inventory financing on its website has surpassed $10.2 million for 288 product companies, and reportedly earned an average greater than 2% consignment profit per month on completed Consignment Opportunities.   Kickfurther co-founder and CEO, Sean De Clercq, stated: “It’s rewarding for our entire… Read More

August 22, 2016 @ 9:26 am By Samantha Hurst  |  

Last week, Crowdfunder sat down with CEO of Digitzs, Laura Wagner, to discuss her and her team’s recent crowdfunding success along with key advice for startups. Earlier this year, Digitzs took to the equity funding platform to raise funds with Shark Tank alum, Kevin Harrington. During its funding… Read More

August 20, 2016 @ 7:19 pm By JD Alois  |  

The case of the Ascenergy crowdfunding fraud came to light just as Reg CF or Title III crowdfunding rules were announced to the public in October of 2015.   Ascenergy, an aspiring oil and gas operation, had raised about $5 million from approximately 90 investors,… Read More

August 20, 2016 @ 11:19 am By Samantha Hurst  |  

This week, Kickstarter announced the launch of its new prototype gallery feature. The crowdfunding platform revealed its design and technology creators are now able to share their earliest sketches and latest prototypes, trace the evolution of their ideas and the iterative process behind bringing their projects… Read More

August 20, 2016 @ 9:28 am By JD Alois  |  

The Federal Trade Commission (FTC) recently announced their next Fintech Forum.  The next event will take place on October 26th at the FTC HQ in Washington, DC. This is a free event and is open to the public.  The first event addressed Marketplace Lending and… Read More

August 19, 2016 @ 3:57 pm By Samantha Hurst  |  

Elan Lee, co-creator of the highly addicting card game Exploding Kittens and former chief design officer of Xbox, announced this week that he is currently working on a new kind of crowdfunding project. He decided to start backing various projects just to write about what they do, what kind… Read More

August 19, 2016 @ 2:07 pm By JD Alois  |  

The youngest financial regulatory agency of them all, the Consumer and Financial Protection Bureau (CFPB), has announced its new Advisory Board and Council Members. The CFPB, established under Dodd-Frank, was mandated to create these advisory boards and councils. While the various groups were represented by many… Read More

August 19, 2016 @ 11:36 am By Samantha Hurst  |  

Earlier this month, property-innovation accelerator Pi Labs announced it formed a partnership with Bosa Venture to grant PropTech startups in the UK access to £100,000 in funding. The accelerator revealed: “Bosa Properties is one of largest luxury real estate development companies in North America with… Read More

August 19, 2016 @ 11:15 am By Erin Hobey  |  

Rakuten, Inc. announced the opening of the Rakuten Blockchain Lab (R.B.L.) in Belfast, Northern Ireland, UK, planned for August 22, 2016 on its website and blog. R.B.L. will be a dedicated research and development organization within Rakuten, focused on blockchain technology and its potential applications in… Read More

August 19, 2016 @ 10:52 am By Erin Hobey  |  

Financial regulation alterations are underway in order to ensure that electronic payments can be facilitated in Singapore making good on the city-state’s promise that this region is dedicated to becoming a fintech center, according to a release. The Monetary Authority of Singapore (MAS) intends to streamline existing its… Read More

August 19, 2016 @ 10:34 am By Samantha Hurst  |  

On Thursday, crowdfunding platform GoFundMe announced campaigns that participated in its Teacher Appreciation Week competition successfully captured $1.2 million. This news comes just one day after the funding portal declared it was giving a $50 donations to education campaigns on its crowdfunding platform and announced… Read More

August 19, 2016 @ 9:24 am By Erin Hobey  |  

“Marcus, I’d like a small consumer loan.” No, users will not be going to a teller to ask for a loan from Goldman Sachs‘ much anticipated online lending platform. Rather the name is meant to establish a sense of familiarity, like being on a first name basis… Read More

August 19, 2016 @ 9:09 am By Samantha Hurst  |  

Kimbia, the single-day crowdfunding event platform for nonprofit organizations and higher education institutions, announced on Friday it has appointed Mark Perkins as its new CEO. Prior to assuming his new role at Kimbia, Perkins assumed leadership roles at various companies, including Tenure Holdings and Leasing Group and… Read More

August 19, 2016 @ 8:19 am By Erin Hobey  |  

Co-founded by Joschka Friedag, Malte Klussmann,  Konrad Maruszewski and Frane Bandov, Cringle, celebrating 336% overfunding on Companisto, is a smartphone app used to send money quickly to friends in Europe. By cooperating with the user’s principal bank, the app guarantees one’s bank’s normal high security standards. Cringle counts the Deutsche Kreditbank AG (DKB) as a partner. Over… Read More

August 19, 2016 @ 8:11 am By Samantha Hurst  |  

Following the success of its recent self-running crowdfunding campaign, Crowdcube announced it now officially has 300,000 members on its funding portal. The website confirmed on Friday: “We’re excited to announce that our 300,000th member has joined Crowdcube. Our ever-growing crowd of everyday, sophisticated and high net… Read More

August 18, 2016 @ 4:27 pm By Samantha Hurst  |  

On Thursday, online mortgage lender LendInvest unveiled its latest Buy-to-Let Index, which revealed that England’s Sunderland is the top postcode area for landlords who are letting properties to students.  The report observed specifically at 2016 average rental yields, the most important factor for landlords letting to students, in postcode areas… Read More

August 18, 2016 @ 3:41 pm By Samantha Hurst  |  

Crowdcube #FundedClub member, Mondo, may have officially picked its new name! Earlier this summer, the company announced plans to rebrand after “an undisclosed company with a similar name” was challenging them. Mondo previously stated: “It can be painful to change the name of a product, but… Read More