General News

March 23, 2016 @ 1:32 pm By Samantha Hurst  |  

On Wednesday, food brand Triscuit announced that it was teaming up with television personality Giada De Laurentiis to flash fund over 50 artisanal food marker campaigns on Indiegogo. A total of $250,000 will be donated. Julia Nathan, brand manager for Triscuit, stated: “Triscuit was started in 1902 by an… Read More

March 23, 2016 @ 11:38 am By Samantha Hurst  |  

HomeUnion, an online real estate investment management platform, announced on Tuesday that it has secured $16 million in Series B funding. The round included various new investors which included Colchis Capital, Northgate Capital, and Tamarisc with participation by Artiman. Akhil Saklecha, a partner with Artiman, stated: “HomeUnion… Read More

March 23, 2016 @ 10:26 am By Samantha Hurst  |  

On Wednesday, Kickstarter alum Fove, announced it has scored $11 million during a Series A round led by Colopl VR Fund with participation from Hon Hai Venture Capital Fund, Silicon Valley early-stage VC firm 2020 and Samsung Venture Investment. Last summer, the virtual reality company captured $480,650… Read More

March 23, 2016 @ 8:47 am By Samantha Hurst  |  

A new book called The Fintech Book was announced this week. It has been described as the “first” crowd-sourced book on global fintech that features 167 authors worldwide.  KoreConX president, Oscar A. Jofre, was one of the authors in The Fintech Book. He commented: “The Fintech Book was created to be… Read More

March 23, 2016 @ 8:18 am By JD Alois  |  

The Massachusetts Institute of Technology (MIT) has decided to offer a “Fintech certificate course” labeled “Future Commerce”.  The promotional page notes that venture capital investment into Fintech has jumped to over 600%. Probably more interesting is the fact that Fintech is quickly becoming the norm… Read More

March 22, 2016 @ 3:26 pm By Samantha Hurst  |  

Biz2Credit, a small business financial technology platform, announced on Tuesday that it has formed a partnership with transportation finance firm and provider of equipment financing/leasing solutions, Advantage Funding. Biz2Credit revealed that through the partnership, Advantage Funding will utilize the acquisition channels on the small business lending marketplace… Read More

March 22, 2016 @ 12:00 pm By Samantha Hurst  |  

Following the announcement that it has canceled its equity crowdfunding campaign on Crowdcube, Pact Coffee has confirmed it has made 16 redundancies. Pact Coffee, which was founded in 2012 by Stephen Rapoport, revealed that it is on a mission to change the coffee industry for the better… Read More

March 22, 2016 @ 11:10 am By Samantha Hurst  |  

Last week, Pull’d, a London-based food-to-go operator launched a second equity crowdfunding campaign on Crowdcube to raise £350,000 with an equity offer of 36.42% as it continues to expand in the UK. The company previously secured £102,230 from 107 investors through the funding portal. Now, the Pull’d crew are… Read More

March 22, 2016 @ 9:42 am By Samantha Hurst  |  

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

March 22, 2016 @ 8:44 am By Samantha Hurst  |  

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

March 22, 2016 @ 8:04 am By Samantha Hurst  |  

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

March 21, 2016 @ 3:55 pm By Samantha Hurst  |  

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

March 21, 2016 @ 3:03 pm By Samantha Hurst  |  

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

March 21, 2016 @ 12:01 pm By Samantha Hurst  |  

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

March 21, 2016 @ 11:20 am By Amy Wan  |  

  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

March 21, 2016 @ 8:01 am By Samantha Hurst  |  

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

March 19, 2016 @ 11:11 am By Samantha Hurst  |  

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

March 18, 2016 @ 2:35 pm By Samantha Hurst  |  

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

March 18, 2016 @ 1:36 pm By Samantha Hurst  |  

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

March 18, 2016 @ 11:36 am By Samantha Hurst  |  

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