General News

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

July 21, 2016 @ 4:42 pm By Samantha Hurst  |  

Crowdfunder UK alum Wildcraft Brewery was selected as Instantprint’s July Instant Love winner. Last month, the crowdfunding platform announced it teamed up with InstantPrint to provide projects with some “Instant Love” each month. The duo is set to provide campaigns with a free poster design… Read More

July 21, 2016 @ 2:02 pm By Erin Hobey  |  

Christchurch, New Zealand based agricultural technology company, CropLogic Limited, announced that it has successfully closed its crowdfunding campaign on Equitise and has appointed Ventnor Capital as Corporate Advisors, in preparation for the company’s anticipated listing on the Australian Securities Exchange (ASX). “I would like to thank all those… Read More

July 21, 2016 @ 1:48 pm By Erin Hobey  |  

Singapore-based P2P online lending platform Validus Capital has partnered with insurance provider EQ Insurance to offer investor protection on some of the financing it provides to small and medium-sized enterprises (SMEs), according to StraightTimes. Validus Capital claims to be the first platform in Singapore to provide investor insurance on its invoice financing services. “We… Read More

July 21, 2016 @ 11:30 am By Erin Hobey  |  

Fresh from its seed round, LenDenClub made good on its promise and has launched a new version of its P2P lending platform with features including end-to-end automation of lender-borrower transaction cycle from registration, document verification, credit analysis, transaction matching to report generation. An algorithmic-based program, built based… Read More

July 21, 2016 @ 8:57 am By Erin Hobey  |  

UK government-owned economic development bank reports strong results. The British Business Bank today published its annual report and accounts for 2015/16, highlighting the growth and momentum of the organisation just 17 months on from its inception in November 2014. The report summarizes the Bank’s work through… Read More

July 21, 2016 @ 8:50 am By JD Alois  |  

Dow Jones Venture Source is reporting an increase in venture capital fundraising for Q2 of 2016. Fundraising was said to “rocket” during the quarter, in contrast to the same quarter in 2015. The largest fund to raise money was EQT Ventures based in Stockholm that… Read More

July 20, 2016 @ 4:34 pm By Samantha Hurst  |  

Media, entertainment and digital marketing solutions, Townsquare Media, Inc. (NYSE: TSQ), announced on Wednesday it has formed a partnership with Lendio as it prepares to bring alternative financing solutions to small businesses across the country.  Townsquare reports it will be teaming up with Lendio to provide exclusive… Read More

July 20, 2016 @ 2:40 pm By Samantha Hurst  |  

Just one year after launching its Neil Armstrong Spacesuit Kickstarter campaign, the Smithsonian announced the unveiling of the famous astronaut’s space gloves and helmet exhibit. As previously reported, the organization announced in June 2015 it has teamed up with Kickstarter to help fund a few… Read More

July 20, 2016 @ 1:24 pm By Samantha Hurst  |  

Earlier this week, London’s mayor, Sadiq Khan, launched the #LondonIsOpen campaign, which was to show the world that London continues to remain united and open for business following the UK’s recent vote to depart from the European Union (EU). Khan reportedly stated: “London is the best… Read More

July 20, 2016 @ 9:26 am By Samantha Hurst  |  

On Tuesday, Burlington Stores announced it has secured over $850,000 through its DonorsChoose education campaign, which was announced in May. This is the second time the retail store has teamed up with the crowdfunding platform to help classrooms nationwide. Last year, Burlington funded 120 school projects, filtering… Read More

July 20, 2016 @ 9:13 am By Samantha Hurst  |  

British Business Bank Investments Ltd., the commercial arm of the British Business Bank, announced on Wednesday the first facility under its new expansion capital initiative.  According to British Business Bank Investments, the first transaction is a £16.5 million revolving credit facility for Kingsway, a Cheshire-based asset finance specialist…. Read More

July 19, 2016 @ 10:23 pm By JD Alois  |  

Solar loan provider Mosaic has partnered with Wave Solar to provide lead generation and qualification software. As part of the arrangement, Mosaic has also taken an equity stake in the company to help build and launch a platform that reduces the cost of finding and… Read More

July 19, 2016 @ 4:38 pm By Samantha Hurst  |  

Equity crowdfunding platform Seedrs announced this week that it is the headline sponsor of TechNorth’s Northern Stars, a pitch competition that is seeking to identify and showcase the best North of England tech startups.  Seedrs stated that over the past thirty years North of England’s tech… Read More

July 19, 2016 @ 1:08 pm By Samantha Hurst  |  

Just two years after he famously launched a Kickstarter campaign to make… a potato salad… Zack “Danger” Brown has made his return to the public with his new cookbook, The Peace, Love & Potato Salad Cookbook.  The cookbook, which was co-written with Teresa Blackburn, was offered to… Read More

July 19, 2016 @ 1:00 pm By Erin Hobey  |  

With the closing of LendIt’s largest event to date, the Lang Di Fintech Experience, Orchard Platform shared its Head of West Coast & APAC Sales Jeremy Todd‘s initial impressions of the event which focused on the future of fintech not only in China but also globally. Todd participated… Read More

July 19, 2016 @ 12:16 pm By Erin Hobey  |  

Overfunding and still campaigning….The German crowdfunding platform Companisto has four concurrent campaigns overfunding: Mineko, Cringle, eatclever, and poqit.berlin. Many readers may be familiar with the long and windy road involved when utility bills prove incorrect when outrageous sums are supposedly owed.  But what happens when… Read More

July 19, 2016 @ 11:06 am By Erin Hobey  |  

Another indicator that fintech is moving mainstream is the National Directory of Registered Tax Return Preparers & Professionals’ (PTIN) selection of fintech platform Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation marketplace via a… Read More

July 19, 2016 @ 10:38 am By Samantha Hurst  |  

On Tuesday, peer-to-peer lending platform Zopa announced it has appointed Ronen Benchetrit as its new Chief Technology Officer (CTO). The website shared this hire is considered a strategic hire for its fintech business. Ronen, which is bringing more than two decades of software and management expertise to Zopa… Read More

July 19, 2016 @ 8:58 am By Samantha Hurst  |  

JustUs, a new peer-to-peer lending platform focusing on the IF ISA space, announced on Tuesday that it has received backing from Chinese financial firm, GuanQun Investment. This news comes just a few weeks after JustUS announced it is preparing to launch a crowdfunding campaign on Crowdcube to… Read More