General News

April 27, 2016 @ 12:30 pm By Samantha Hurst  |  

This week, UK-based job search engine, Adzuna announced it has launched its Best British Workplace of 2016 competition. The company previously secured over £2 during its equity crowdfunding round on Crowdcube. It has already attracts six million visitors a month, but wanted to increase that as part of… Read More

April 27, 2016 @ 12:20 pm By Erin Hobey  |  

Income tax returns e-filing website ClearTax has secured an angel investment of $1.3 million from top Silicon Valley angels. ClearTax was founded in 2011 by the father-son team of Raja Ram Gupta and Archit Gupta, Srivatsan Chari and Ankit Solanki, ClearTax is the fourth Indian start-up  funded… Read More

April 27, 2016 @ 11:16 am By Samantha Hurst  |  

This week, Business Insider announced its 40 Coolest People in UK Fintech list. This list features entrepreneurs, venture capitalists, regulators, hackers, and investors. The media outlet declared: “We looked at who’s done cool and interesting things in the past year, including companies that have raised money or… Read More

April 27, 2016 @ 10:52 am By Samantha Hurst  |  

The Angel Capital Association (ACA), a leading professional and trade association for angel investors, announced on Wednesday the three startups that have been selected as finalist for the Luis Villalobos award. This award was named in memory of Luis Villalobos, who angel investors nationwide admired for actively… Read More

April 27, 2016 @ 9:22 am By Samantha Hurst  |  

On Wednesday, reward-based crowdfunding portal Crowdfunder UK announced some of Britain and Ireland’s entrepreneurs gathered in London celebrate the nations’ business creativity with Virgin Media Business VOOM 2016. As previously reported, Virgin Media Business launched its search for the most innovative and exciting businesses with the UK and Ireland’s pitch competition… Read More

April 27, 2016 @ 8:27 am By Samantha Hurst  |  

Online provider of working capital financing to small businesses, BlueVine, announced on Wednesday that it has secured a strategic investment from Citi Ventures. This investment will support the company’s growth as it continues to develop its capital financing platform for small businesses and expand. Eyal… Read More

April 26, 2016 @ 3:45 pm By Samantha Hurst  |  

  Less than six months after it was acquired by mega brewer AB InBev, Crowdcube success Camden Town Brewery announced details about its second North London location. Camden Town Brewery revealed that it has signed a lease for a facility in Enfield, which will be… Read More

April 26, 2016 @ 1:27 pm By Erin Hobey  |  

The US’ largest marketplace lender LendingClub Corp. is planning its first sale of bonds backed by its unsecured loans, reported the WSJ, seeking new funding sources in today’s challenging market. Working with Goldman Sachs Group Inc. and Jefferies Group on the offerings, LendingClub’s plans to discuss updates with potential investors as early as this week, reported the WSJ; Goldman… Read More

April 26, 2016 @ 12:53 pm By Erin Hobey  |  

RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced the closing of a $1,000,000 equity investment in an industrial property in Glendale Heights, IL, within the Chicago metropolitan area. The sponsor for the acquisition is Clear Height Properties, a real estate investment and… Read More

April 26, 2016 @ 12:23 pm By Erin Hobey  |  

Nexuslab, the Swiss blockchain startup programme powered by Startupbootcamp, has announced a partnership with Rabobank. The Dutch bank joins Nexuslab to support the first round of its programme geared towards early-stage European blockchain ventures. The collaboration adds leading financial industry expertise to the programme and… Read More

April 26, 2016 @ 12:23 pm By Samantha Hurst  |  

On Tuesday, Millennium Trust Company announced it was expanding alternative investment access for advisors and individuals by adding five online investment platforms to its network, Millennium Alternative Investment Network (MAIN). Along with Lending Club, which joined late last month, these portals are EquityZen, iCapital Network, Prodigy Network, R.J. Oasis.  Millennium… Read More

April 26, 2016 @ 11:38 am By Erin Hobey  |  

According to Reserve Bank of India Deputy Governor R Gandhi, approval of new types of NBFCs (non-banking finance companies) will continue.  Detailed information has not yet been released from the bank, but Gandhi commented while inaugurating the ASSOCHAM summit discussing NBFCs: The Changing Landscape’ reported Mumbai’s Deccan Herald:… Read More

April 26, 2016 @ 9:54 am By Samantha Hurst  |  

Touchjet, a company that creates interactive Android touch technology on a large and portable scale, has been announced as a Gold Edison Award winner. The Edison Awards is notably inspired by Thomas Edison’s persistence and inventiveness, honors the most innovative, creative and ingenious products and business… Read More

April 25, 2016 @ 4:26 pm By Samantha Hurst  |  

Offering up his other insights on Pavegen’s highly successful Crowdcube initiative, founder Laurence Kemball-Cook shared details about the campaign with the equity crowdfunding platform. Last summer, Pavegen secured over £2 million during the equity crowdfunding round. The company’s technology converts footsteps into electricity, making it possible to power services in high-footfall… Read More

April 25, 2016 @ 1:56 pm By JD Alois  |  

A new survey published today provides evidence that Angel investors are “not just in it for the money.” Propel(x), a San Francisco-based online investment platform, collaborated with Peter Thiel’s Breakout Labs, MIT Alumni Angels of Northern California and Innovation Node Los Angeles (part of the… Read More

April 25, 2016 @ 11:26 am By Samantha Hurst  |  

On Monday, marketplace lender CommonBond announced that it has completed its $150 million of student loans assets, which was co-led by Barclays and Goldman Sachs. Morgan Edwards, CFO of CommonBond, stated: “The strong reception in the capital markets to our second securitization is a further testament to the… Read More

April 25, 2016 @ 8:01 am By JD Alois  |  

Last year Goldman Sachs revealed its intent to push into the marketplace / peer to peer lending sector. While a growing number of traditional financial firms are partnering with more agile, fintech startups – Goldman decided to strike out on their own. This past week,… Read More

April 23, 2016 @ 1:22 pm By JD Alois  |  

With Title II accredited crowdfunding and Reg A+ crowdfunding picking up steam, interest is growing as to how best leverage the internet to raise capital online.  Until the JOBS Act of 2012, it was forbidden to “generally solicit” or advertise certain private placements. But at… Read More

April 23, 2016 @ 11:14 am By Samantha Hurst  |  

Following the premiere of Miles Ahead in New York City and Los Angeles, actor and director Don Cheadle chatted with Vice about the Indiegogo project’s creation and his appreciation for the musician Miles Davis. Academy-Award nominated actor launched a campaign on the global crowdfunding platform for the… Read More

April 22, 2016 @ 12:17 pm By Samantha Hurst  |  

On Thursday, Chapel Down Plc (ISDX: CDGP) announced its 2015 financial results. As Crowdfund Insider reported in 2014, Chapel Down became the first publicly traded company to raise capital via an equity crowdfunding platform using Seedrs.  The capital provided from crowdfunding was used to build a new… Read More