General News

July 29, 2016 @ 11:25 am By Samantha Hurst  |  

  This week, Indiegogo success TrackR announced two new features for its popular device, the TrackR Bravo. The first feature, Family Sharing, allows users to share their items with groups while the second feature, Custom Printing, allows users to print any photo directly on their devices…. Read More

July 29, 2016 @ 10:28 am By Samantha Hurst  |  

JumpStartFund’s Hyperloop Transportation Technologies (HTT) announced on Friday it has formed a partnership with Deutsche Bahn to create an “Innovation Train,” which is described as a conventional train that will use new technologies being developed by HTT that increases efficiency and to bring a modern digital presence to today’s train transportation. According… Read More

July 29, 2016 @ 9:19 am By Samantha Hurst  |  

Following the release of Ethan Mollick’s study on Kickstarter’s impact on the economy, CEO and co-founder of the popular crowdfunding portal, Yancey Strickler, sat down to discuss the website’s growth and influence of entrepreneurs. Mollick reported in his study: “From inception to May 2015, Kickstarter projects resulted… Read More

July 28, 2016 @ 6:05 pm By JD Alois  |  

Crowdfund Capital Advisors (CCA), founded by Jason Best and Sherwood (Woodie) Neiss, has announced the launch of CCA Regulation Crowdfunding Indices win conjunction with Crowdnetic.  CCA states their data will be updated daily to depict a snapshot of growth in this new market. Crowdnetic has… Read More

July 28, 2016 @ 3:37 pm By Samantha Hurst  |  

Seedrs success and cloud platform, Poq, announced this week it has secured €3.6 million during a Series A funding round, which was led by Beringea with participation from seed investors Seedcamp and Venrex. The London-based  company, which raised £332,390 through the equity crowdfunding platform in 2014, is a commerce platform for retail apps… Read More

July 28, 2016 @ 2:53 pm By Samantha Hurst  |  

Dara Albright Media announced on Thursday the launch of its new Fintech event series, which will reportedly focus on how investors of all sizes, businesses in all stages of growth, and financial services providers of all echelons stand to benefit from today’s fintech industry. The company… Read More

July 28, 2016 @ 1:20 pm By Samantha Hurst  |  

This week, Professor Ethan Mollick of the University of Pennsylvania released its recent study on Kickstarter’s impact on the economy. The study revealed the following: Employed 283,000 part-time collaborators Created 8,800 new companies and nonprofits with 29,600 new full-time jobs Raised more than $5.3 billion for those… Read More

July 28, 2016 @ 10:48 am By Samantha Hurst  |  

This week, Spark Foundation’s Givealittle announced starting September 1st it is charging a flat 5% fee, inclusive of goods and services tax (GST), on the amount raised by campaigns on its crowdfunding platform. The website declared in an official statement the soul purpose of the fee is to keep… Read More

July 28, 2016 @ 10:00 am By Erin Hobey  |  

Onevest announced today the acquisition of FounderDating to create one of the largest and leading networks of entrepreneurs and advisors, in combination with Onevest’s subsidiary, CoFoundersLab. “We are thrilled to welcome the FounderDating community into our entrepreneurial ecosystem,” said Onevest’s Executive Chairman Alejandro Cremades. “Small… Read More

July 28, 2016 @ 9:57 am By JD Alois  |  

IW Capital and crowdfunding specialist Crowdfinders has published commissioned research on investor sentiment post Brexit.  According to their findings, support for SMEs remains strong in the face of uncertainty but confidence towards UK shares, government bonds, and property – has tanked. According to Lloyds Bank,… Read More

July 28, 2016 @ 9:52 am By Samantha Hurst  |  

This week, crowdfunding platform Kickstarter announced it is making prepares to open its doors for Singapore campaign creators.   Kickstarter is currently available in nearly 20 countries, including the US, Canada, UK, Australia, New Zealand, Ireland, the Netherlands, Sweden, Denmark, Norway, and Spain. Last year alone, the… Read More

July 28, 2016 @ 9:01 am By Erin Hobey  |  

Elevate, a provider of online credit solutions for non-prime consumers, today announced it has increased its credit facility with Victory Park Capital (VPC), a privately held registered investment advisor dedicated to alternative investing, by an additional $100 million to a total of $545 million. “Elevate… Read More

July 28, 2016 @ 8:32 am By Erin Hobey  |  

CapitalRise, a new property investing platform enabling everyday investors to sidestep middlemen and invest directly in some of the finest real estate, has not only gone live but has fully funded. According to the platform, CapitalRise differs from other platforms in that it offers higher… Read More

July 27, 2016 @ 10:19 am By JD Alois  |  

The Online Lenders Policy Institute is hosting its first “Marketplace Lending Policy Summit” in Washington, DC in September and they have two marquee names headlining the event. Congressman Patrick McHenry, an author of the JOBS Act and Fintech champion, will be one of the keynote… Read More

July 27, 2016 @ 9:23 am By Samantha Hurst  |  

Real estate crowdfunding portal, RealtyShares, announced on Wednesday $1.2 million has been raised on its website to help finance the purchase and rehabilitation of a 76-unit multifamily property located in Jacksonville, Florida. RealtyShares revealed that the complex, which is sponsored by The Klutz Companies, received… Read More

July 26, 2016 @ 2:55 pm By Samantha Hurst  |  

Fundbox, a cash flow optimization tool for small businesses, announced on Tuesday it has officially launched its new smartphone app, which reportedly offers SMB owners the same features as the Fundbox web-based dashboard experience; a convenient one-click invoice financing solution and the ability to manage repayments. … Read More

July 26, 2016 @ 12:56 pm By Erin Hobey  |  

Singapore-based crowdfunding platform Crowdo received its full Capital Market Services (CMS) license from the Monetary Authority of Singapore (MAS) for securities crowdfunding (SCF) to deliver P2P lending and equity crowdfunding, according to the platform’s blog, reportedly making Crowdo the first and only regional operator that can undertake licensed… Read More

July 26, 2016 @ 12:34 pm By Erin Hobey  |  

The European Commission has launched a call for tenders for a service contract to conduct a study on the fintech sector with a total price that cannot exceed 350,000 Euros, according to a release. The objective of the contract is to better understand the fintech sector… Read More

July 26, 2016 @ 11:52 am By Erin Hobey  |  

News Corp VCCircle, Indian publisher of startup and private equity news, data and information, released News Corp VCCEdge India FinServ Insights related to funding in India’s Fintech sector, with a focus on segments of online personal finance and lending, reported BWDisrupt. News Corp VCCEdge, the financial… Read More

July 26, 2016 @ 11:41 am By Samantha Hurst  |  

Last month, Indiegogo announced it had formed a new partnership with Newegg. The tech-focused e-retailer is now set to offer order fulfillment and promotional support to select campaigns on the crowdfunding platform. David Mandelbrot, CEO of Indiegogo, previously stated: “We’re thrilled to partner with Newegg to provide… Read More