General News

Kickstarter Stands Up For Cuba’s Creative Community As President Obama Makes Historical Visit

In celebration of President Obama’s historical trip to Cuba, Kickstarter co-founder Yancey Strickler took to the crowdfunding platform’s blog to reveal the importance of supporting the country’s creative community. Strickler penned: “Today President Obama is in Havana during a historic visit to Cuba. He’s the… Read More

loanDepot Announces New Partnership With Avant to Expand Credit Options For Borrowers

loanDepot announced it has formed a new partnership with Avant as a way to expand credit options for borrowers nationwide. The online lender revealed that it has teamed up with Avant through an API integration to offer borrowers access to credit products that match their financial needs. Speaking about the partnership, loanDepot, LLC… Read More

Crowdfunder UK Teams Up With Virgin Media Business to Power VOOM 2016 Competition

On Tuesday, Virgin Media Business launched its search for the most innovative and exciting businesses with the UK and Ireland’s pitch competition called VOOM 2016. It was revealed that Crowdfunder UK will be partnering with Virgin by powering the contest. According to Virgin Media Business, the… Read More

Brief: Indiegogo Success “Tower” Named SXSW’s Best Documentary

Last week, Indiegogo alum Tower was named “Best Documentary” at the 2016 South By Southwest (SXSW) festival, which was held in Austin, Texas. The global crowdfunding platform described Tower, which was directed by Keith Maitland, as the following: “50 years ago, America’s first mass school shooting at the University of… Read More

Pocket App’s CEO Speaks At University of Kent’s App Development Conference As Seedrs Campaign Nears £600,000

Last week, CEO of Pocket App Paul Swaddle spoke at the University of Kent’s App Development Conference. According to Bloomberg Business, Swaddle discussed the UK’s app industry with 100 students. He stated: “This generation clearly realizes that mobile is now a central component of any entrepreneur’s business… Read More

Brief: HBO to Air Quincy Jones’ Kickstarter-Funded Standup Special (Video)

Following his appearance on the Ellen DeGeneres Show last week, Quincy Jones’ Kickstarter-backed standup special is set to air on HBO. The crowdfunding initiative was launched by Quincy’s friend and fellow comedian Nicole Blaine alongside her husband Mickey Blaine. It secured $50,273 from 1,204 backers. While on the talk show, Quincy shared… Read More

Borrowers Beware: Fraudsters Claiming to Represent Crowdfunding Platforms

  Recently, JD Alois wrote a warning to investors about fraudsters attempting to impersonate officials from the Securities and Exchange Commission. This week, we’re warning borrowers and sponsors about scam artists that claim to work for or with crowdfunding platforms. Fraud in the lending or real… Read More

London Cocktail Club Shuts Down Crowdcube Campaign; Reveals to Have Outside Investors

The London Cocktail Club (LCC), which comprises of five London cocktail bars, has announced that it has decided to pull the plug on its Crowdcube campaign. The company was originally seeking 750,000 through the equity crowdfunding platform. As previously reported, London Cocktail Club was founded in… Read More

Elevation Dock’s Creator Looks Back on Kickstarter Experience: “I Have, Like, PTSD From That Whole Experience”

Back in December 2011, Casey Hopkins launched a crowdfunding campaign on Kickstarter to raise funds for his new creation, the Elevation Dock for iPhones. The Elevation Dock is described as a simple to use, quick undocking device that works with or without a case. Each… Read More

Pact Coffee Cancels Crowdcube Initiative: “There Was No Way We Were Going to Get to the Million”

Pact Coffee, a London-based coffee company, announced it has decided to close its equity crowdfunding campaign on Crowdcube after realizing that the $1 million funding goal wasn’t going to be achieved. Pact Coffee, which was founded in 2012 by Stephen Rapoport, revealed that it is… Read More

Jolla Officially Starts Refunding Process For Indiegogo Backers

Back in January, Finland-based startup, Jolla, made the tough announcement last week that its highly anticipated Sailfish Tablet just wasn’t meant to be. Back in Fall 2014, Jolla launched an Indiegogo crowdfunding campaign to raise $380,000 for its in-house tech. The unique tablet has been dubbed by the company… Read More

Brief: Elio Motors to Announce Business Model for Mass Personalization at New York International Auto Show

This week, Elio Motors, Inc. (OTCQX: ELIO) announced it will be sharing details about its new ePlus Business Model for mass personalization at New York International Auto Show. This announcement comes just after the startup vehicle manufacturer revealed its plans to sell 100 pre-production vehicles built at its Shreveport,… Read More

Brief: Crowdcube #FundedClub Member ioLight to Present Hi-Resolution Microscope at Cambridge’s e-Luminate Festival

Crowdcube alum and #FundedClub member ioLight will be presenting its hi-resolution microscope on Saturday at the e-Luminate Festival. ioLight took to Crowdcube in September for the microscope and surpassed its initial £150,000 and achieved£242,180 from goal thanks to nearly 250 investors. The device is considered to… Read More

San Diego Venture Group Names LoanHero’s Derek Barclay a New Board of Directors Member

On Thursday, online marketplace lender LoanHero announced that its co-founder and president, Derek Barclay, has been selected as a new board of directors member of San Diego Venture Group (SDVG). SDVG is a non-profit organization that has a mission to provide a networking forum for its 800… Read More

Hong Kong’s Infiniti and Nest Launches 12-Week Startup Development Program

Earlier this week, Hong Kong investment company, Infiniti and Nest, announced the launch of its 12-week startup development program called Infiniti Accelerator 2.0. According to the company, the second edition of the Infiniti Accelerator will continue with its previous theme of smart cities but will also… Read More

Kickstarter Makes First Acquisition & Saves Music Community “Drip”

CEO and co-founder of Kickstarter, Yancey Strickler, announced on Thursday that the crowdfunding platform has officially acquired artist community website, Drip. This has been named Kickstarter’s first acquisition. Drip is described as a curated platform that gives creators and communities a place to interact through… Read More

Western Independent Bankers Forms Alternative Finance Provider Partnership With Bizfi

Western Independent Bankers (WIB), a trade association 600 community and regional banks, announced on Thursday it has formed a new partnership with Bizfi, a Fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses. According to WIB, the partnership will provide its members access to Bizfi’s platform,… Read More

Mondo App Ready for Download as Digital Firm Challenges Traditional Banks

Disruptive digital bank Mondo has announced their App is available for download now. Following a test from more than 3000 users, spending over £1.5 million around the globe, Mondo is now in public beta. According to Mondo, anyone with an iPhone may download the App…. Read More

Crowdcube Spain Brief: Garage Beer Co. Taps Crowd for Campaign Preregistration

After just 11 months of brewing Barcelona-based Garage Beer Co “maxed out” their brewery capacity. Jointly announced by Crowdcube Spain MD Pepe Borrell and Garage Beer’s website, the brewer is in the works to build a bigger plant and is looking to the crowd —… Read More

Brief: Overstock Preps for Public Shares Issue Using Blockchain

In late December, retail giant Overstock, a publicly traded company managed by maverick CEO Patrick Byrne, received SEC approval to regarding a plan to issues shares using Bitcoin Blockchain.  According to a filing with the SEC, the use of the “technology and distributed ledger technology by the Pro… Read More

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