General News

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

August 18, 2016 @ 2:21 pm By Samantha Hurst  |  

Seeking to help more campaign reach their funding goals, equity crowdfunding platform StartEngine recently announced the launch of its new Marketing Fund, which advances qualified companies up to $50,000 to put towards the marketing and promotion of their campaigns. The funding portal revealed: “We understand that… Read More

August 18, 2016 @ 11:27 am By Erin Hobey  |  

Oakland, CA-based Red Bay Coffee returned to the crowd and has secured a fresh $100K from over 116 investors on its Wefunder equity crowdfunding campaign, aiming to bring its beautiful coffee to more people. The revenue share:  Red Bay Coffee will pay investors 5% of net… Read More

August 18, 2016 @ 11:03 am By Samantha Hurst  |  

Ready to kick off the 2016-2017 school year, GoFundMe announced it was giving a $50 donations to education campaigns on its crowdfunding platform and announced it is offering a $10,000 grand prize the category’s initiatives. From now until September 16th, campaigns on GoFundMe that are… Read More

August 18, 2016 @ 10:58 am By Erin Hobey  |  

Feeling uninspired?  Ready for another vacation, even though summer hasn’t quite come to a close?  Need a tech boost? Just plain afraid of tech? While other banks have set up incubators and sandboxes, German cooperative bank Volksbank eG Schwarzwald Baar Hegau has opted for a road… Read More

August 18, 2016 @ 10:30 am By Erin Hobey  |  

CAN Capital, a market share leader in alternative small business finance, has named Chris Moloney as its new Chief Marketing Officer. Moloney will lead the company’s marketing initiatives, product management and continue to build the CAN Capital brand as an innovator and supporter of small businesses. He will… Read More

August 18, 2016 @ 10:13 am By Erin Hobey  |  

After more than 10 years at UBS, CIO Alex Batlin will depart in October to “pursue an opportunity outside of UBS”, according to an internal memo from the bank’s Head of Innovation Veronica Lange on 17 August, reported Financial News.  “There is no change to… Read More

August 18, 2016 @ 9:13 am By Samantha Hurst  |  

On Wednesday, Kickstarter announced a new feature that allows backers to follow their favorite project creators directly and be the first to know when upcoming projects launch. The crowdfunding platform stated that starting this week, backers will be notified when they’ve backed a project that’s just getting… Read More

August 18, 2016 @ 8:19 am By Samantha Hurst  |  

Squirrel Group, a mortgage broker and peer to peer lender, announced on Thursday the launch of its Secondary Market, which now allows loans to be on-sold to other investors. The lender revealed since its launch in November, the Secondary Market has been notably the most requested… Read More

August 17, 2016 @ 4:13 pm By Samantha Hurst  |  

And we officially have lift off! Hybrid Air Vehicles’ highly-anticipated aircraft, Airlander 10 has officially made its first maiden voyage from Cardington Sheds in Bedfordshire. This news comes just a few days after the company had to reschedule the launch due to technical difficulties.  Hybrid Air… Read More

August 17, 2016 @ 3:59 pm By Samantha Hurst  |  

With their Kickstarter album,  And The Anonymous Nobody…, set to be released on August 26th, hip-hop trio De La Soul unveiled their new Usher collaborated single, Greyhounds.  The group, which consists of Vincent Mason, David Jude Jolicoeur, and Kelvin “Posdnous” Mercer, took to the crowdfunding giant with a mission to raise… Read More

August 17, 2016 @ 3:39 pm By Samantha Hurst  |  

On Tuesday, Crowdcube success, The New Craftsmen, announced it has teamed up with famous fashion brand, Burberry, on Makers House, which is described as a temporary space in central London during London’s Fashion Week. Back in spring 2014, The New Craftsmen successfully raised £171,580 from… Read More

August 17, 2016 @ 9:47 am By Samantha Hurst  |  

Following the closing of its latest equity crowdfunding round, the team at Crowdcube announced they have successfully secured over £8 million from more than 3,700 crowd investors. Last month, Crowdcube launched the campaign and due to the size of the funding round, the equity crowdfunding platform had to… Read More

August 17, 2016 @ 9:29 am By Samantha Hurst  |  

On Tuesday, Kickstarter-supported The Creative Independent officially announced itself as it preps for its September launch. The company is described as a “growing” archive of the creative processes and is on a mission to help bring creative projects to life. The Creative Independent team revealed… Read More