General News

March 15, 2016 @ 8:53 am By Erin Hobey  |  

Soros Fund Management and Jefferies Group LLC are investing $5 million in a startup founded by former mortgage-bond trader Perry Rahbar that analyzes consumer debt for professional investors, reported BloombergBusiness‘ Matt Scully and Dakin Campbell.  Rahbar, a former mortgage-backed securities trader at JPMorgan Chase &… Read More

March 15, 2016 @ 8:25 am By Erin Hobey  |  

Earlier this month Crowdcube Spain joined the Spanish Association of Fintech and Insurtech (Asociación Española de Fintech e Insurtech) and received the new quality certification from the Catalan Government.  The Association was created with the support of more than 50 companies, with the goal of creating a favorable… Read More

March 15, 2016 @ 7:11 am By Erin Hobey  |  

Founded in 2010, friendsurance.com currently counts over 75,000 new customers on its platform. The peer-to-peer insurance model  conceived by Friendsurance had led the creation of a new insurance market segment with over 15 new entrants in seven countries. “In 2015, we saw an amazing growth with more than 200… Read More

March 14, 2016 @ 4:28 pm By Samantha Hurst  |  

Last week, Crowdcube #FundedClub member, DeskBeers, celebrated its first birthday. The company launched a campaign on the equity crowdfunding platform last year and secured £121,900 from 129 investors so that it can begin expansion. DeskBeers is a craft beer subscription service focused on delivering great beer… Read More

March 14, 2016 @ 3:46 pm By Samantha Hurst  |  

Over the weekend, Income&, a marketplace investment platform based in San Francisco, launched its new financial investment product called PRIMOs. The unveiling took place at the SXSW Accelerator Pitch competition that was held this weekend in Austin, Texas. 2016 is reportedly marked the first year where the Accelerator… Read More

March 14, 2016 @ 11:56 am By JD Alois  |  

In response to the rapid increase of Fintech in Asia, a new conference has been launched to address the fast changing environment for financial firms. The 2016  Fintech Law in Asia Conference is scheduled to take place at Nagoya University in Japan this April. The… Read More

March 14, 2016 @ 11:43 am By Samantha Hurst  |  

Last week, Fast Company announced its 2016 Top Innovative Companies in the Automotive Sector. Among those listed was Kickstarter alum, HUDWAY.  In November 2015, the company raised $622,725 on Kickstarter to launch manufacturing of its self-titled glass with the help of over 9000 backers. Sharing details about… Read More

March 14, 2016 @ 11:14 am By Samantha Hurst  |  

On Sunday, the Supreme People’s Court of the People’s Republic of China (SPC) announced that the country’s court system handled approximately 1.42 million cases regarding peer-to-peer lending during 2015. As reported by Xinhua, during the annual parliamentary session, SPC President, Zhou Qiang, noted that the… Read More

March 13, 2016 @ 5:52 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is continuing to pound the drum on investor fraud, a serious issue that impacts thousands of duped individuals every year. The Office of Investor Education and Advocacy has launched a slick campaign designed to warn individuals to beware of… Read More

March 13, 2016 @ 5:13 pm By JD Alois  |  

According to a company spokesperson, Fan Media will introduce crowdfunding and fan to fan mobile payments to be included in its mobile App. On March 15, Fan Media will debut its updated App at SXSW which will allow users to create crowdfunding campaigns and send… Read More

March 12, 2016 @ 11:52 am By Samantha Hurst  |  

On Friday, crowdfunding giant Kickstarter announced details about its presence at the 2016 SXSW Film Festival, which is being held in Austin, Texas. The Kickstarter crew revealed: “South by Southwest takes over Austin, Texas March 11–20, and we’ll be there with bells on. Here’s a… Read More

March 11, 2016 @ 5:41 pm By JD Alois  |  

Three-year-old MobCraft Beer, world’s first completely “crowd-sourced” brewery will dive into the Shark Tank tonight (March 11th) to pitch their business to the well-known investors. MobCraft Beer was founded three years ago in Madison, Wisconsin – a city recognized for its love of beer. The… Read More

March 11, 2016 @ 4:25 pm By Samantha Hurst  |  

Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, announced on Friday its plans to sell 100 pre-production vehicles built at its Shreveport, Louisiana facility… Read More

March 11, 2016 @ 3:13 pm By JD Alois  |  

The European Crowdfunding Network will be hosting its 2nd edition of CrowdCamp that will target the renewable energy sector.  Scheduled for May 24th in Brussels, this CrowdCamp will focus on crowdfunding for clean tech and renewable energy projects. The event is expected to have the… Read More

March 11, 2016 @ 11:52 am By Joe Whitwell  |  

Entrepreneur first reimagined startup accelerators. Individuals apply pre-team, pre-idea. Six months later after sweat, blood, red-bull and tears, fully fledged startups present to a packed room of investors. Not all make it to demo day, but those that do present a staggering range of start-ups… Read More

March 11, 2016 @ 10:43 am By Samantha Hurst  |  

This week, the organizers of Silicon Valley Forum’s Women in Tech Festival announced the event will be taking place on March 30th at Microsoft’s campus in Mountain View, California. This is a full-day celebration of the achievements and accomplishments of women in tech. The Women in Tech Festival… Read More

March 11, 2016 @ 9:35 am By Samantha Hurst  |  

Earlier this week, San Francisco Business Times announced its 40 under 40 class of 2016 list. This list honors those who are considered rising business stars in the Bay Area. This marks the fifth year that the publication has recognized the amazing young talent drawn to the… Read More

March 10, 2016 @ 12:09 pm By Samantha Hurst  |  

This week, Creative England announced that 16 teams have been selected to crowdfund, develop and produce their short films through the latest round of Creative England’s iShorts, delivered as part of the BFI NET.WORK. The campaigns will go live on Crowdfunder UK next month. Creative England revealed… Read More

March 10, 2016 @ 6:28 am By Erin Hobey  |  

Companisto founders David Rhotert and Tamo Twinge announced a new safety initiative called crowd voting, offering Companists “the chance to invest in venture capital with a safety net.” After collecting feedback and communicating with investors over the last months, the process of crowdsourcing inspired the founders to offer crowd… Read More

March 10, 2016 @ 5:29 am By Erin Hobey  |  

Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, announced its launch of Envestnet | Yodlee Aggregation Platform on the Salesforce AppExchange, aiming to provide financial institutions with a single, comprehensive view of held-away financial data combined with… Read More