General News

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

Fintech TradeSocio Nabs $1.25M Seed Funding from Singapore-based Octava

TradeSocio, a fintech company founded in 2014 that aims to enable brokers, banks, and financial institutions to better utilize social trading, marketing automation, analytics and big data, announced its $1.25 million seed funding round led by Octava, a Singapore-based investment holding group, according to a statement…. Read More

PwC: Banking Execs Fear Risk Due to Fintech Innovation & Disruption

Top banking executives fear that up to a quarter of their business could be at risk from emerging fintech firms, according to research conducted by PwC.  The report notes that information on FinTech is somewhat “dispersed and obscure,” which can make data synthesizing challenging. PwC’s… Read More

Ys Net Launches Chinese Website For Kickstarter Alum “Shenmue III”

This week, Japanese production studio Ys Net announced that it has created a new Chinese website for its Kickstarter success project, Shenmue III. The company, which was founded in 2008 by well-known video game developer Yu Suzuki, revealed that it will be accepting contributions through the Chinese payment… Read More

PledgeMe Co-Founder Offers Up Advice on How to Find a New Board Member

Continuing the search for the next PledgeMe board member, co-founder of the crowdfunding platform, Anna Guenther, unveiled some pretty good advice on how other businesses can attract more members to their business. PledgeMe started searching for a new board member after Anake Goodall stepped down from… Read More

CEO of Crowdcube Success Grind & Co. Talks Growth & Expansion Plans

This week, media outlet Evening Standard sat down with David Abrahamovitch, CEO and co-founder of Crowdcube success Grind & Co., to discuss the company’s growth and expansion plans. Last summer Grind, the coffee and cocktail company behind UK shops Shoreditch Grind, Soho Grind, Holborn Grind and London… Read More

Brief: Funding Circle Dedicates Entire Floor of Its London Office to Startups & Small Businesses

Funding Circle, a peer-to-peer (P2P) lending platform, announced this week that it has dedicated an entire floor of its London office to startups and small businesses. This news comes nearly six months after the company moved into 71 Queen Victoria Street in Mansion House. During… Read More

CrowdStreet Secures $3.5M During Series A Funding Round Led By Rally Ventures

CrowdStreet, a real estate crowdfunding platform, investor acquisition and management platform , announced on Wednesday it has raised $3.5 million in Series A funding. This round was led by Rally Ventures with participation from various seed investors including Green Visor Capital, Seven Peaks Ventures and Portland… Read More

Brief: Netflix Acquires Streaming Rights Indiegogo Project “Asperger’s Are Us” Before SXSW Debut

Just before its debut at the 2016 SXSW Festival in Austin, Texas on Saturday, Indiegogo project Asperger’s Are Us announced it was acquired by streaming giant, Netflix. Asperger’s Are Us is described as a documentary about the first comedy troupe consisting of openly autistic people. The… Read More

Brief: Crowdfunding Platform Patreon Introduces New Campaign & Pledges Homepage

Earlier this month, crowdfunding platform Patreon announced the introduction of its new campaign and pledges homepages. The funding portal shared details about the new campaign look: “Designed to optimize your experience viewing content from the creators you pledge to, the new homepage makes it easier for… Read More

Orchard Publishes White Paper on Stress Testing of Marketplace Lending Platforms

Orchard Platform is holding a marketplace lending industry gathering today in New York City. The event is designed to help the industry scale and desires to be a positive catalyst in the evolution of online lending. Best practices, knowledge sharing and regulatory risk are key… Read More

Orchard Works to Shape the Future of Marketplace Lending with Partner Forum

Orchard Platform will be holding its first Partner Forum designed to help shape the future of marketplace lending.  The inaugural event will involve Orchard executives alongside industry executives such as Noah Breslow of OnDeck, Ron Suber of Prosper and Tom Glocer of Angelic Ventures. According… Read More

Dealstruck’s New Survey Reveals: Small Business Owners Are Responsible with Their Tax Refund

With tax time upon us and the corporate filing deadline (March 15) looming, Dealstruck, Inc., a leading small business online lender, announced its recent survey of more than 500 business owners nationwide indicated that instead of taking a trip to Vegas, company owners are taking… Read More

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