General News

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

July 26, 2016 @ 10:18 am By JD Alois  |  

WePay, a “payment as a service” platform” has opened up offices in the UK to further expand its reach into the white label payment sector including crowdfunding and other marketplaces.  WePay already provides services to GoFundMe, a very large donations-based platform in the US. The… Read More

July 25, 2016 @ 3:21 pm By Samantha Hurst  |  

Last week, CEO of LendInvest Christian Faes took to the website’s blog to reflect on the Brexit decision, which was voted on last month in the UK. Following the shocking vote to leave the European Union (EU), the largest peer-to-peer mortgage lender in the UK… Read More

July 25, 2016 @ 2:28 pm By Samantha Hurst  |  

While continuing to raise awareness for her new healthy food petition, Veronica Mars starlet Kristen Bell recently revealed to E! News her favorite pastime is looking up GoFundMe crowdfunding campaigns she can put funds towards. During her interview with the media outlet, Bell shared: “I… Read More

July 25, 2016 @ 1:15 pm By Samantha Hurst  |  

Last Thursday, Louisville-based venture capital firm, Access Ventures, announced the launch of Kiva Columbus, a new program that is dedicated to Columbus, Ohio’s small businesses. The company reported Louisville itself has received its second Kiva Fellow since its launch in November 2014. The city is… Read More

July 25, 2016 @ 9:49 am By Samantha Hurst  |  

Exciting news, Mystery Science Theater 3000 fans! The hit series is officially rebooting and its coming to streaming service, Netflix. Creator of the show, Joel Hodgson, revealed details about the reboot at San Diego’s 2016 Comic Con, which was held this weekend. pic.twitter.com/qX6vtMU3nq — #MST3K… Read More

July 25, 2016 @ 8:38 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has released its second quarter numbers for 2016. The P2PFA was founded in 2011 as a self-regulatory body for the sector to promote high standards of conduct and consumer protection and represents the largest P2P lenders in… Read More

July 24, 2016 @ 6:33 pm By JD Alois  |  

ICYMI London-based start-up Plutus Tap & Pay raised money in a “Crowdsale”.  Plutus is creating a contactless payment system for cryptocurrencies. According to a statement by Plutus; “Over a thousand people rushed to participate to what was probably the shortest 9 day crowdfunding round to… Read More

July 23, 2016 @ 1:38 pm By JD Alois  |  

The Global Entrepreneurship Monitor (GEM) report on Entrepreneurial Financing was published earlier this month. The document is a global snapshot on the state of entrepreneurial endeavors around the world. Produced by a team of researchers from Babson, Oxford and the University of South Africa, Capetown,… Read More

July 23, 2016 @ 8:49 am By Samantha Hurst  |  

Just a few days after launching its new equity crowdfunding round, Crowdcube announced it has officially welcomed the 3,000th person to its crowd of investors. The company launched its highly anticipated campaign earlier this week and within the first 24 hours, the platform raised over £6… Read More

July 22, 2016 @ 12:43 pm By JD Alois  |  

According to Reuters, Trendon Shavers, founder of the Bitcoin Savings and Trust company, received 18 months in prison and was ordered to pay back $1.25 million to his victims.  The sentence was handed down this week by US District Judge Lewis A. Kaplan in Federal… Read More

July 22, 2016 @ 10:34 am By JD Alois  |  

Command Partners and Enventys have merged to form a one-stop platform to power successful hardware projects. From ideation to funding to broad market roll-out, the combined entity will help entrepreneurs bring their designs to reality and financial success. Command Partners was one of the first… Read More

July 22, 2016 @ 9:29 am By Samantha Hurst  |  

With Pokemon Go continuing to be a huge success in the app world, global crowdfunding platform Indiegogo revealed five crowdfunded projects for those aspiring Pokemon trainers looking to catch em’ all. The funding portal shared: “Have you found yourself crawling under small spaces, running down… Read More

July 22, 2016 @ 9:06 am By Odysseas Papadimitriou  |  

Entrepreneurship is a tough slog no matter where you live, considering that 51% of all new businesses fail within five years, according to the U.S. Small Business Administration. But location still matters, despite what the digitized nature of contemporary commerce might lead you to believe. Sure,… Read More

July 22, 2016 @ 8:04 am By Samantha Hurst  |  

This week, crowdfunding platform Pozible announced details about its new feature, ScreenConnect. The new product notably allows filmmakers to distribute Pozible funded films by incentivizing viewers to share the film with their networks. ScreenConnect’s features include: Rent, Purchase, & Screening: Filmmaker will set up pricing, and the… Read More