General News

June 24, 2016 @ 1:38 pm By Samantha Hurst  |  

While enjoying Pride Month’s festivities, Indiegogo showed off its support for the LGBTQIA community in a fun way. The equity crowdfunding platform displayed colored post-its at its San Francisco headquarters. Indiegogo tweeted: Showing off our #pride with @3M post its! Stop by our office in… Read More

June 23, 2016 @ 3:59 pm By Samantha Hurst  |  

In celebration of Pride Month, Indiegogo has introduced a list of crowdfunding campaigns that support those in the LGBTQIA community on its sister site, Generosity. The global crowdfunding portal revealed on Twitter: For #Pride month we are spotlighting #LGBTQ#entrepreneurs & the impact on their communities… Read More

June 23, 2016 @ 1:27 pm By Samantha Hurst  |  

Marketplace lending platform Prosper announced on Wednesday the unveiling of its new (and improved) retail investor experience. Stephen Smyth, director of product of Prosper, shared details about the new experience: “As the needs of investors continue to evolve, two things remain paramount – they want to… Read More

June 23, 2016 @ 1:20 pm By JD Alois  |  

NYU Stern is embracing the future of finance by adding a Fintech specialization for both full time and part time MBA students.  While some in the traditional finance sector throw shade at Fintech, Stern is embracing the inevitability that all finance is moving online. While Stern… Read More

June 23, 2016 @ 11:55 am By Samantha Hurst  |  

This week, UK Business Angels Association (UKBAA) announced the shortlists for its self-titled awards. This event honors the impact of the UK Angel investment communities and features the 14 categories that award achievement in early stage growth and investment. The Gala Awards Dinner will take… Read More

June 23, 2016 @ 10:08 am By Samantha Hurst  |  

Co-founder and chief development officer of Indiegogo, Danae Ringelmann, recently sat down with CNBC to discuss the global crowdfunding platform’s growth over the years along with its beginning failures. During the interview, Ringelmann revealed that the funding portal was indeed rejected 90 times by venture capitalists before… Read More

June 22, 2016 @ 1:46 pm By JD Alois  |  

Global entrepreneurial ecosystem Gust has acquired Sharewave and Preferred Return in a push to provide affordable equity management solutions for early stage companies. The new product, named Gust Equity Management, will allow an affordable and “powerful cap table management and audit defensible 409A valuations” for young… Read More

June 22, 2016 @ 1:20 pm By Samantha Hurst  |  

On Wednesday, small business lending platform Lendio announced it was recognized as a Great Place to Work by the independent analysts at Great Place to Work. Lendio stated that it earned this credential based on extensive ratings provided by its employees in anonymous surveys. Brock Blake, CEO… Read More

June 22, 2016 @ 12:14 pm By Samantha Hurst  |  

Real estate crowdfunding platform CoAssets (NSX:CAX) announced on Wednesday that it has appointed Chew Siang Chee as its new CIO. Chee is known as winner of Asia’s Best Treasurer at the Corporate Treasurer Marquee Awards 2015 and has expertise in cross-border currency transactions. Chee, commented: “Prior to my… Read More

June 22, 2016 @ 9:13 am By Samantha Hurst  |  

With just two days left until its Crowdfunder UK campaign comes to an end, Scotland’s GlenWyvis Distillery has secured over £1.4 million from 1200 investors. As previously reported, GlenWyvis Distillery Community Benefit Society, based in the historic Highland town of Dingwall, is hoping to realize its long-held ambition to… Read More

June 22, 2016 @ 9:02 am By JD Alois  |  

Orchard, the company that channels institutional money into online lending platforms, has updated their Lendscape infographic once again. Orchard does a pretty good job of providing a “broad narrative” of industry progression. Even in the chopper waters of a anemic economy, platforms are continuing to enter… Read More

June 21, 2016 @ 9:41 pm By JD Alois  |  

Steven J. Muehler, operator of the Alternative Securities Markets, Blue Coast Securities and GlobalCrowdTV, has settled with the Securities and Exchange Commission while admitting the conduct violated federal securities laws.  The proceedings by the SEC came out of an apparent “scheme to defraud”  by Muehler…. Read More

June 21, 2016 @ 4:02 pm By Samantha Hurst  |  

British Business Bank announced on Tuesday the launch of its new Entrepreneur Finance Guarantee (EFG) Programme that is exclusively for new lenders. The bank is aiming to increase the number and diversity of lenders offering EFG-supported facilities to smaller businesses by opening up the lender accreditation process. According… Read More

June 21, 2016 @ 1:30 pm By Erin Hobey  |  

“It’s time to start evening the playing field for women in business,” Lebenthal commented. Alexandra Lebenthal, who Fortune named “The New Queen of Wall Street,” has joined forces with alice + olivia CEO and Creative Director Stacey Bendet to create BankRoll Women, a company that will help women entrepreneurs at… Read More

June 21, 2016 @ 12:29 pm By Samantha Hurst  |  

Famed car service Uber recently launched its brand new super-fast delivery service, UberEats, in London. The service offers up menus have dishes from local spots that users love and the ones they have been looking to try. It is the same cashless payment as a regular… Read More

June 21, 2016 @ 8:41 am By Erin Hobey  |  

Between 2010 and 2015 global investment in fintech ventures has grown from $1.8 billion to $22.3 billion, according to Accenture’s latest report on the global fintech landscape. Accenture (NYSE:ACN) has joined a new fintech hub for start-ups based in Tel Aviv, Israel dubbed “The Floor.” As… Read More

June 21, 2016 @ 8:21 am By Erin Hobey  |  

Singapore-based private investment firm Shanda Group led Chinese billionaire Tianqiao Chen reported that Chen has raised his stake again in online lending platform Lending Club Corp following the recent ouster of founder and Chief Executive Renaud Laplanche. According to Reuters, Chen increased his Lending Club shares… Read More

June 20, 2016 @ 10:32 pm By JD Alois  |  

UK based Fintech startup Invoice Cycle has secured a solid $4 million seed round.  The funding, first reported in Tech.eu, said participating investors, along with SeedL joined in the round. Müller Medien is an interesting investor as its roots are more traditional businesses. Founded in… Read More

June 20, 2016 @ 3:53 pm By Samantha Hurst  |  

Earlier this month, BrewDog founders, Martin Dickie and James Watt, received MBEs in the Queen’s Birthday Honours list. The company was started in the back of a van and has evolved into a powerhouse artisanal brewery. It has been known for its guerrilla marketing tactics and ability… Read More

June 18, 2016 @ 2:31 pm By JD Alois  |  

Last night the Securities and Exchange Commission (SEC) announced they had approved Investor’s Securities Exchange or IEX as a national securities exchange. IEX must satisfy certain standard conditions specified in the Commission’s order before it is able to begin the process of transitioning its operation… Read More