General News

May 4, 2016 @ 9:06 am By JD Alois  |  

  Cloud Lending Solutions, a Software as a Service (SaaS) company that powers online credit/lending platforms, has signed a new agreement with Flexx – a nationwide provider of forklift rental and leasing programs. Cloud Lending Solutions CEO Snehal Fulzele released a statement on the transaction;… Read More

May 4, 2016 @ 7:00 am By Erin Hobey  |  

DriverUp, an online marketplace for automotive financing, today announced that tech industry veteran Anthony Fratiani has joined its executive team as Chief Technology Officer.  In this newly created position, Fratiani will oversee the continued build out of DriverUp’s consumer-facing side of the business. “We are thrilled about Tony… Read More

May 3, 2016 @ 4:17 pm By Samantha Hurst  |  

This week, Nextbit, a mobile developer that was created by former Google, Apple, Amazon, and HTC employees, announced that its Kickstarter success smartphone, Robin, is going to be available for $299 through Amazon starting May 4th and ending May 10th. Robin is described as a smartphone that brings… Read More

May 3, 2016 @ 4:01 pm By JD Alois  |  

Global consulting firm PwC has published a report on the marketplace lending industry.  The timing is good as the industry is being buffeted by the broader challenge of a stumbling economy. The document aptly starts by noting the marketplace lending sector is oh, so much… Read More

May 3, 2016 @ 3:28 pm By Samantha Hurst  |  

On Monday, Kickstarter’s community education director, Stephanie Pereira, discuss the importance of attracting backers to campaigns during a new class on strategic storytelling.  The crowdfunding portal shared: “One of the best parts of working at Kickstarter is getting to talk to people about their ideas…. Read More

May 3, 2016 @ 12:57 pm By Erin Hobey  |  

Rebel Girls, try, fail, try again!  In a new Kickstarter project for the children’s book Good Night Stories for Rebel Girls, 100 Stories about courageous, unconventional women who changed and are changing the world in “every field imaginable”– many of whom were also mothers (US reader… Read More

May 3, 2016 @ 11:51 am By Erin Hobey  |  

MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors… Read More

May 3, 2016 @ 11:43 am By Samantha Hurst  |  

On Tuesday, KoreConX and iDisclose announced that they have partnered to make disclosure easier for companies seeking funding and their stakeholders. The duo revealed they are working to minimize the cost and the burden of raising capital, so businesses don’t spend all their money raising money. iDisclose is an online product… Read More

May 3, 2016 @ 11:07 am By JD Alois  |  

Climate change and renewable energy are two hot topics today. Policymakers and other stakeholders continue to debate the specifics while a growing majority of people view clean energy as an important and strategic goal for the world. The United Nations in their most recent report… Read More

May 3, 2016 @ 8:22 am By Samantha Hurst  |  

On Monday, CrowdfundBeat announced it will be hosting the annual Crowdfunding USA Conference at Washington D.C.’s National Press Club on May 5th-6th. According to the website, the event will bring together thought-leaders, practitioners, and pundits, discussing some of the new chapters in the Crowdfunding playbook, such as Regulation A+… Read More

May 2, 2016 @ 12:01 pm By JD Alois  |  

CAN Capital, an online lending platform, and Entrepreneur Media, publishers of the magazine of the same name, have signed an exclusive agreement where CAN will provide small business owners access to lending on the Entrepreneur site. Labeled “Entrepreneur Lending powered by CAN Capital,” the new… Read More

May 2, 2016 @ 3:00 am By JD Alois  |  

Research Initiative is in Collaboration with 17 Major Industry Associations & Organisations The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is launching the Second Annual European Alternative Finance Industry Survey with the support of 17 major European industry associations and research… Read More

May 1, 2016 @ 8:36 pm By JD Alois  |  

Perpetual television news magazine 60 Minutes has finally gotten around to addressing the Fintech movement. 6o Minutes has been on the air since before most of the people reading this were born (1968). The doyenne of the show, Leslie Stahl, tackles the Fintech topic that… Read More

April 30, 2016 @ 2:01 pm By JD Alois  |  

On May 16th, Title III of the JOBS Act will (finally) become a reality as retail equity crowdfunding commences. Reg CF, as some call the new exemption, will join Title II Accredited Crowdfunding alongside Reg A+l, as another step in the capital ladder.  In recognition… Read More

April 29, 2016 @ 4:26 pm By Samantha Hurst  |  

Menlo College named angel investor and Dreamfunded co-founder/CEO, Manny Fernandez “Silicon Valley Equity Crowdfunding Pioneer” during its The Future of Investing: How Equity CrowdFunding is Shaping the American Dream event on Wednesday evening. Menlo College Professor of Finance, Soumendra De, who presented the award to Fernandez,… Read More

April 28, 2016 @ 1:05 pm By Erin Hobey  |  

Last October seeking to modernize the way venture capital funds are formed and how they invest, the NYC-based investment crowdfunding platform Onevest launched 1000 Angels.  Aiming to be the “world’s largest digital-first, invitation-only investor network,” 1000 Angels includes OneVest co-founders Tanya Prive and Alejandro Cremades, Managing Partner Erica Duignan… Read More

April 28, 2016 @ 1:03 pm By Erin Hobey  |  

wiseAlpha, an online platform that allows people to invest in secured corporate loans of blue-chip British brand name companies such as Virgin Media, RAC, United Biscuits and Eddie Stobart, aims to give people the opportunity to earn a higher rate of interest and diversify their… Read More

April 27, 2016 @ 2:51 pm By Erin Hobey  |  

Companisto has provided a platform for several successful German food startups in the recent past, including MyCouchBox, Naturbursche and Foodist, and it looks as if eatclever will be joining their ranks if the first day of its campaign is an indicator.  In the hours since… Read More

April 27, 2016 @ 1:46 pm By Erin Hobey  |  

The European Union has put the brakes on regulating blockchain (the technology that underpins bitcoin); an EU parliamentary committee agreed on Tuesday in the latest example of a “softly-softly” approach by authorities towards financial services, according to the release. “We don’t want pre-emptive regulation, but we do… Read More

April 27, 2016 @ 12:43 pm By Erin Hobey  |  

XBRL US announced a free half-day FinTech forum for financial technologists, investors, analysts, regulators, investor relations professionals and data providers: Crowdfunding & Data Standards. The forum, hosted by Baruch College’s Zicklin School of Business and sponsored by the CFA Institute, is designed to provide an introduction to… Read More