General News

April 6, 2016 @ 1:33 pm By Samantha Hurst  |  

Continuing to share more stories of its platform’s funding successes, Crowdcube revealed a timeline of its #FundedClub member, Silkfred. SilkFred, which is described as a platform that provides online and offline routes to market for independent fashion brands, secured £145,610 from 70 investors in 2013 and has since… Read More

April 6, 2016 @ 11:04 am By Samantha Hurst  |  

Last week, Middle East peer-to-peer (P2P) liwwa announced that it has secured $2.3 million during a seed investment round, which was led by Silicon Badia with participation from by Bank al Etihad, DASH Ventures, and MENA Venture Investments (MVI). Established in 2012, Liwwa was incubated at Harvard’s Innovation Lab before… Read More

April 6, 2016 @ 9:27 am By Samantha Hurst  |  

On Wednesday, Kiva’s loan lender, Kiva Zip, announced that it has teamed up with ecommerce marketplace, Malena, to launch a crowdfunded order platform. The lender revealed how it works: Users invest in an entrepreneur or small business to fulfill an order of their products, and in return… Read More

April 5, 2016 @ 4:05 pm By Samantha Hurst  |  

On Tuesday, payment service provider, PayU, announced it conducted an analysis on ecommerce customs and fintech potential in Latin America, Central/Eastern Europe, India, and Africa at Money20/20 Europe. Findings that are featured in PayU’s report included: High growth of ecommerce in Africa. More than 65%… Read More

April 5, 2016 @ 2:57 pm By JD Alois  |  

  Four years ago today the JOBS Act of 2012 was signed into law by President Obama. The event was attended by a bipartisan group of both elected officials and industry advocates as Democrats and Republicans agreed on the noble legislative mission.  The much-heralded law… Read More

April 5, 2016 @ 2:41 pm By Erin Hobey  |  

VendorMach, an SME vendor trust monitoring platform is one of the 10 companies selected to participate in Startupbootcamp Fintech Accelerator in NYC which includes banking partners such as Deutsche Bank, Santander, Rabobank and MasterCard and Thomson Reuters. The program offers insights on US fintech issues for the 2016 cohort… Read More

April 5, 2016 @ 1:04 pm By Erin Hobey  |  

Fitness App Mammoth Hunters is fundraising for the second time in eight months on Crowdcube Spain, the platform’s first raise was overfunded by 166 investors. Half of Mammoth Hunters’ investors are investing again, alongside with Angels, according to Crowdcube Spain Co-Founder Pepe Borrell. “It is exciting to see… Read More

April 5, 2016 @ 12:15 pm By Erin Hobey  |  

SWIFT, a global member-owned cooperative and a leading global provider of secure financial messaging services, announced that 21 banks have started the pilot for its global payments innovation initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments. The… Read More

April 5, 2016 @ 12:09 pm By Samantha Hurst  |  

Last month, Seed&Spark, crowdfunding platform for independent films, announced it made direct distribution deal with cable and digital distributor, iN DEMAND. The portal hopes that the agreement will help expand its domestic distribution reach by 50%. Now, CEO and founder of Seed&Spark, Emily Best, is ready to… Read More

April 5, 2016 @ 11:26 am By Erin Hobey  |  

Santander UK, a subsidiary of Grupo Santander, one of the ten largest banks in the world,  announced its intention to license the Kabbage Platform to power automated SMB lending throughout the United Kingdom. “There is incredible potential to shape the next generation of business lending… Read More

April 5, 2016 @ 11:26 am By Samantha Hurst  |  

On Tuesday, a small business financial technology platform, Biz2Credit, released its latest Small Business Lending Index, which revealed that loan approval rates at big banks and institutional lenders have hit new highs in March 2016. According to the report, big banks ($10 billion+ in assets) approved 23% of funding… Read More

April 5, 2016 @ 8:34 am By JD Alois  |  

Any predictions of Fintech’s demise aside, according to a report by Finovate,  the first quarter of 2016 ended on a high note as $458 million in funding went to innovative financial firms.  Their number places the Q1 tally at $6.8 billion more than double the… Read More

April 4, 2016 @ 5:12 pm By Samantha Hurst  |  

Following the long search for PledgeMe’s new board member, CEO of the New Zealand crowdfunding platform, Anna Guenther, announced on Monday that it has appointed Jessica Venning-Bryan to the vacant spot. According to Guenther, Venning-Bryan has spent nearly 15 years advising organizations on how to engage… Read More

April 4, 2016 @ 1:08 pm By Samantha Hurst  |  

On Monday, Crowdcube announced that one of its #FundedClub members, The Good Egg, has been name one of the eleven great places to eat in Hackney by Bloomberg’s chief food critic Richard Vines. #FundedClub @TheGoodEgg_ listed in @Richardvines great places to eat in Hackney https://t.co/B03DvJIKqJ… Read More

April 4, 2016 @ 11:57 am By Samantha Hurst  |  

Taking time away from his duties at Indiegogo, co-founder of the site Slava Rubin sat down with Times of Israel to share details about the global crowdfunding platform and the funding method. Back in 2008, Rubin alongside other co-founders Danae Ringelmann, Eric Schell teamed up to launch… Read More

April 4, 2016 @ 9:23 am By Samantha Hurst  |  

On Monday, crowdfunding platform Crowdfunder UK announced that it has partnered with online marketplace, NotOnTheHighStreet to launch a search for UK’s future food and drink innovators. This partnership will provide food inventors, producers, and gastro aficionados with the opportunity to raise funds and also gain… Read More

April 3, 2016 @ 11:42 am By JD Alois  |  

The CrowdfundingHub, based in the Netherlands, has published a report on the state of the crowdfunding industry in 27 different European countries. The organization worked with 30 different individuals across Europe to produce the report. The release, coordinated with an event that took place last… Read More

April 2, 2016 @ 12:31 pm By JD Alois  |  

Below is a video of a panel that took place this past March at a crowdfunding event put together by Crowdfund Beat Media that brought together several prominent names in the internet finance space. Sam Guzik, a Crowdfund Insider Senior Contributor, Doug Ellenoff, DJ Paul,… Read More

April 2, 2016 @ 10:55 am By Samantha Hurst  |  

With their campaign for the “Airlander” continuing to be a huge success on Crowdcube, the team at Hybrid Air Vehicles sat down with the equity crowdfunding platform to discuss what they have been up to since their last initiative and why they decided to use crowdfunding once… Read More

April 1, 2016 @ 2:34 pm By Samantha Hurst  |  

This week, CEO of Seedrs, Jeff Lynn, sat down with The Memo to share details about the crowdfunding industry’s growth and his opinion on competitor, Crowdcube. During his interview, Jeff discussed Crowdcube: “I have a lot of respect for the way Crowdcube [has] done some things, they have… Read More