General News

April 1, 2016 @ 1:42 pm By Samantha Hurst  |  

On Friday, equity crowdfunding platform Crowdcube announced it will be celebrating the opening of its new Manchester office on April 28th at 6:00 p.m. While sharing details about the event, the Crowdcube team stated: “We’re inviting you to come along and meet some of our… Read More

April 1, 2016 @ 12:01 pm By Samantha Hurst  |  

  On Friday, crowdfunding brewery Brewdog announced that it is seeking the opinion of fans for its new #rebrewdog poll. This poll features a list of retired beers that the company is willing to bring back. The brewery shared in a blog post: “So, time for an… Read More

April 1, 2016 @ 10:32 am By Samantha Hurst  |  

On Friday, Chicago-based marketplace lending platform Avant announced it has appointed President of Washington College and former head of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair as a new member of its board. Al Goldstein, co-founder and CEO of Avant, stated: “Sheila’s proven track… Read More

March 31, 2016 @ 12:58 pm By Samantha Hurst  |  

Prime Meridian Capital Management, a company specializes in an online peer-to-peer (P2P) lending strategies, announced on Thursday the launch of its Real Estate Lending Fund. This new fund reportedly offers investors a diversified and short duration loan portfolio with no hard lock-up. Sharing details about the fund, Prime Meridian explained:… Read More

March 31, 2016 @ 11:38 am By Samantha Hurst  |  

On Thursday, global crowdfunding platform Indiegogo announced that it has appointed Joe Martin as Vice President of Engineering. Martin will be responsible for the company’s engineering team and will also lead in the development of new products/features. According to Indiegogo, Martin’s recent position was  Senior Director… Read More

March 31, 2016 @ 10:43 am By Samantha Hurst  |  

Humble Grape, a UK-based wine and events company, announced this week that it is set to open a second bar on Fleet Street in London. The company secured a grand total of £356,670 during its Seedrs initiative two years ago. As previously reported, Humble Grape was… Read More

March 31, 2016 @ 10:38 am By Erin Hobey  |  

Stratumn announced that it has raised €600,000 in funding to build and promote its blockchain development platform. The round was led by the French VC firm Otium Venture, and includes Business Angels such as Ledger CEO and Maison du Bitcoin founder Eric Larchevêque, according to the… Read More

March 31, 2016 @ 10:09 am By Samantha Hurst  |  

Smart Token Chain, a company that uses patent-pending Smart Token technology combining smart contracts, tokenization, and blockchain to combine financial services and establish a common global standard for value exchange, announced on Wednesday the launch of its new Smart Contract Settlement Exchange. According to the company, the… Read More

March 31, 2016 @ 9:55 am By Erin Hobey  |  

Global Credit Investments has called itself the first Australian fund to invest in peer-to-peer loans, according to The Sydney Morning Herald.  The small fund, set up by former Goldman Sachs banker Steven Sher and former Bain & Co consultant Gavin Solsky, is the latest of a new breed of financial intermediaries which has been buying loans American… Read More

March 31, 2016 @ 9:19 am By Samantha Hurst  |  

With crowdfunding continuing to grow in popularity, Indiegogo has unveiled ten reasons why entrepreneurs are making their way to its funding portal. The global crowdfunding website shared: “The Indiegogo community has explored the potential of crowdfunding and helped shape our platform into what it is… Read More

March 31, 2016 @ 9:16 am By Erin Hobey  |  

Canada’s growing fintech space saw online lending platform, Lendified Inc., join forces with Vancouver-based Mentio Technologies, a platform specializing in automated cash flow forecasting. For Lendified, which offers online loans to Canadian small business owners, the acquisition marks an expansion into global markets as Mentio’s multi-currency technology serves customers… Read More

March 31, 2016 @ 9:11 am By JD Alois  |  

The Securities and Exchange Commission has settled charges with infamous VC – G. Steven Burrill regarding a case where Burrill allegedly stole investor money to pay for private jets and trips to Paris and St. Barts. Burrill was sued last year in the Superior Court of… Read More

March 30, 2016 @ 4:10 pm By Samantha Hurst  |  

Taking some time away from their duties at the 2016 New York International Auto Show, the team at Elio Motors, Inc. (OTCQX: ELIO) shared some details (and photos) of the annual event. The company shared on Wednesday: “Hello Elio’ers!  We’re right in the thick of the New… Read More

March 30, 2016 @ 3:20 pm By Samantha Hurst  |  

On Wednesday, Singapore-based bullion retailer, Silver Bullion Pte Ltd., announced the launch of its 1-month bullion secured peer-to-peer(P2P) loans. Silver Bullion previously offered loan durations of 6 months, 12 months and 24 months secured by physical gold and silver collateral stored in its vault, The Safe… Read More

March 30, 2016 @ 12:40 pm By Samantha Hurst  |  

On Wednesday, crowdfunded brewery, BrewDog, announced it is launching a new craft beer delivery service for its London customers. BrewDog teamed up with Deliveroo for the service and will allow customers to purchase bottled beers directly from its bars in Clapham Junction, Clerkenwell, Shepherd’s Bush, Shoreditch, Soho, and King’s Cross…. Read More

March 30, 2016 @ 12:18 pm By Samantha Hurst  |  

MobileCause, a mobile, social and online fundraising platform, announced on Wednesday that it has teamed up with nonprofit education organization, Step Up For Students, to launch a series of digital fundraising and communication campaigns for scholarships and wraparound services. According to MobileCause, the new partnership… Read More

March 30, 2016 @ 11:31 am By Samantha Hurst  |  

This week, equity crowdfunding platform Crowdcube caught up with #FundedClub member Pobble to discuss what the company has been up to since its funding success. According to Crowdcube, Pobble is on a mission to create a more literate world, by giving teachers a means to inspire… Read More

March 30, 2016 @ 7:52 am By JD Alois  |  

Leading mortgage peer to peer lender LendInvest has published a statement of caution and concern regarding the recently increased stamp duty tax on buy-to-let properties.  Christian Faes, CEO of LendInvest, called the Stamp Duty Land Tax (SDLT) increase “bad news” as landlords will be facing… Read More

March 29, 2016 @ 7:13 pm By JD Alois  |  

Former Fox Business Network contributor Tobin Smith has settled fraud charges with the Securities and Exchange Commission. Smith was terminated by Fox in 2013 for “sponsored investment research”.  Basically Smith was pumping penny stocks that he, along with NBT   Group (ironically as in the… Read More

March 29, 2016 @ 5:07 pm By Samantha Hurst  |  

On Tuesday, robo-adviser firm Betterment announced it has received a total of $100 million from venture capital investors during a series E funding round. The company also confirmed that its valuation has raised from $450 million to $700 million. Swedish investment firm, Kinnevik, led the funding round. Previous… Read More