General News

May 14, 2016 @ 10:38 am By JD Alois  |  

David Graff, Director of Google Global Product Policy, posted last week that Google has decided to terminate PayDay loan ads.  More specifically any loan ads when repayment is due within 60 days of the issue date. Google has periodically purged unwanted advertisements from their Adwords… Read More

May 13, 2016 @ 4:15 pm By Samantha Hurst  |  

NextGen Crowdfunding announced this week that it will be holding a Title III Celebration Series that will include four online events in May and June that will build more awareness for the rules, which are going in effect on Monday (May 16th). Aubrey Chernick, founder… Read More

May 13, 2016 @ 1:05 pm By Samantha Hurst  |  

With Title III of the JOBS Act going into effect this upcoming Monday (May 16th), the Financial Industry Regulatory Authority (FINRA) has issued an alert to investors about the risks under the Reg CF law. Earlier this year, both the SEC and FINRA finalized the rules for funding portals… Read More

May 13, 2016 @ 9:23 am By JD Alois  |  

If there is one industry in dire need of disruption it is the legal industry and iDisclose is leading the charge. The creation of Georgia Quinn (a Crowdfund Insider Senior Contributor) and Doug Ellenoff, the pair have set out to drive the cost of legal… Read More

May 12, 2016 @ 7:15 pm By JD Alois  |  

The Crowdfunding Technology Showcase and Celebration scheduled for next Monday (May 16, 2016) has announced the organizations representing the five sectors of the crowdfunding ecosystem that will showcase at the DC Demo Day portion of the event. The Showcase and Celebration is being coordinated with… Read More

May 12, 2016 @ 12:38 pm By JD Alois  |  

The UK Government has published a report on small business activity. Produced by the Department for Business, Innovation & Skill (BIS), the Small Business Survey is based on feedback from over 15,000 UK SMEs.  The correlated data was published in two separate reports.   Small… Read More

May 12, 2016 @ 11:17 am By Erin Hobey  |  

Envestnet | Yodlee (NYSE: ENV), the data aggregation and data analytics platform powering cloud-based innovation for digital financial services, today announced a strategic partnership with AlphaCode, a collaborative club for next generation financial services entrepreneurs in South Africa. “The fintech landscape, combined with Africa’s entrepreneurial spirit,… Read More

May 12, 2016 @ 10:56 am By Erin Hobey  |  

Curren$eek, a smartphone app that tells users where to find the best money-changer rates, won the Visa and Association of Islamic Banking Institutions Malaysia (AIBIM)’s Asean Fintech Challenge. The challenge was held in conjunction with the Global Islamic Finance Forum 5.0, to allow start-ups to… Read More

May 12, 2016 @ 10:28 am By Erin Hobey  |  

The UK and Singapore have established a “fintech bridge” that will help financial technology firms and investors from each country gain access to the other. Billed as the first of its kind, the bridge enables the UK’s Financial Conduct Authority (FCA) and the Monetary Authority of Singapore… Read More

May 12, 2016 @ 10:07 am By Erin Hobey  |  

DreamFunded.com CEO Manny Fernandez announced an upcoming live equity crowdfunding event will take place in San Francisco on 7 July 2016. Anticipating “billions of dollars of capital” to be opened up for investment into startups and small businesses by over 240 million ordinary Americans,  Fernandez said, “I am excited to… Read More

May 11, 2016 @ 11:47 am By Samantha Hurst  |  

On Wednesday, Indiegogo alum, Jibo, Inc. announced that it has formed a partnership with BANDAI NAMCO Entertainment Europe to create a new family experience on the robot’s platform. BANDAI is known for its work on PAC-MAN.  David Aubert, MIS director and project leader of BANDAI NAMCO… Read More

May 10, 2016 @ 4:22 pm By Samantha Hurst  |  

Crowdfunding giant Kickstarter recently announced it has updated its privacy policy for campaign backers. The website stated that these new updates will go into effect on June 9th. Kickstarter shared it will only collect: Information (such as name, email and postal addresses, telephone number, and country… Read More

May 10, 2016 @ 2:37 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyMogul.com announced on Tuesday it has closed an $860,000 equity investment for a 23-unit multifamily property in Plainfield, New Jersey, which is located just 25 miles outside of New York City. According to the website, the property is 100 percent-occupied apartment building and is… Read More

May 10, 2016 @ 1:41 pm By Samantha Hurst  |  

On Tuesday, CEO of Fig, Justin Bailey, announced that former Epic games developer and Boss Key Productions founder, Cliff Bleszinksi, has invested in the crowdfunding platform. Bailey shared in a recent blog post: “Esteemed developer, industry supporter and all around great guy, Cliff Bleszinski has invested in… Read More

May 10, 2016 @ 12:32 pm By Samantha Hurst  |  

Big news for Kickstarter filmmakers! The crowdfunding giant announced on Tuesday one million people have collectively backed more than 12,000 documentary film projects and more than 5,000 of those projects have been successfully funded. The Kickstarter team declared: “Thousands of documentary filmmakers have turned to… Read More

May 10, 2016 @ 12:13 pm By Erin Hobey  |  

Co-founded in 2012 by Wharton grads Chris Tsai and Brian Nguyen, Celery has sought to bring new products of all shapes and sizes to the marketplace.  Today the Y Combinator alum blogged that the platform has joined forces with Indiegogo, an “ideal” partner for Celery to accelerate the… Read More

May 10, 2016 @ 11:27 am By Samantha Hurst  |  

On Tuesday, online resource for small business finance, Biz2Credit announced its recent reported revealed that loan approval rates at banks improved while alternative lenders’ percentage dropped significantly last month. The website confirmed that big banks ($10 billion+ in assets) approved 23.1% of loan applications in… Read More

May 10, 2016 @ 11:15 am By Erin Hobey  |  

The word on the street is that Antony Jenkins, the former Barclays Bank CEO who last year forecast a 50% cut in bank branches and staffing due to digital upheavals in the sector, is setting up his own fintech venture, according to a release. Ousted last… Read More

May 10, 2016 @ 10:44 am By Erin Hobey  |  

P2P lending startup Faircent has raised Series A round led by JM Financial Ltd subsidiary which has picked up 9.8% stake in the company, according to a release. The capital will be utilized by the Mumbai-based company to build its technology and product as well strengthening and growing… Read More

May 10, 2016 @ 10:09 am By Samantha Hurst  |  

On Tuesday, Crowdcube #FundedClub member, Cell Therapy (CTL), announced it has received £12.5M in a Japan Rights Deal. The Welsh biotech company, co-founded by Nobel Prize winner Sir Martin Evans, raised £689,246 through the equity crowdfunding platform to help cell-based regeneration medicine for heart trauma get to… Read More