General News

March 3, 2016 @ 12:01 am By Erin Hobey  |  

Bond Street, an online lending platform for small businesses, and ICB, the world’s largest bookkeeping membership organization, today announced a partnership to offer ICB USA members a “fast and affordable financing solution” for their clients, according to the release. The collaboration will enable ICB bookkeepers to… Read More

March 2, 2016 @ 9:42 pm By Ron Miller  |  

  The democratization of startup funding promised by the JOBS Act has already begun, with a handful of Regulation A+ equity crowdfunding offerings already qualified by the SEC to raise capital and many others in the process of gaining qualification. Considering the early interest in… Read More

March 2, 2016 @ 2:41 pm By Samantha Hurst  |  

On Wednesday, technology startup Eight (formerly known as Luna) announced it has closed $6 million in seed funding with participation from investors such as Y Combinator, Yunqui Partners, Azure Capital, Cota Capital, Comcast Ventures, Vast Ventures, Stanford University, Galvanize Ventures, Y Combinator partner and Scribd co-founder Jared Friedman. … Read More

March 2, 2016 @ 12:33 pm By Samantha Hurst  |  

On Wednesday, Kickstarter announced it was opening creator community space “Campus” for everyone. “Campus” was reportedly created a year ago  and allowed creators to connect with one another through the community to ask for advice and trade insights about the creative process. The crowdfunding giant… Read More

March 2, 2016 @ 11:26 am By Samantha Hurst  |  

Influitive, an advocate marketing expert firm, announced that the company has raised an additional $8.2M in a Series B extension round. The additional financing comes from new investors Leaders Fund and Export Development Canada (EDC). Returning investors include Georgian Partners, Relay Ventures, BDC Capital IT… Read More

March 2, 2016 @ 10:38 am By Samantha Hurst  |  

The Women Startup Challenge, which is considered one of the largest initiatives to bring together top early-stage women-led startups, launched a national competition to showcase and help fund their ventures. The challenge is described as a national effort to promote game-changing women-led startups focused on… Read More

March 2, 2016 @ 8:38 am By JD Alois  |  

Marketing firm Command Partners, a company that has targeted the crowdfunding sector, has announced it has acquired “Art of the Kickstart” podcast. Founded by Matt Ward in 2014, Art of the Kickstart is said to have interviewed more than 100 crowdfunders who have raised over $20… Read More

March 2, 2016 @ 8:00 am By Erin Hobey  |  

Cloud Lending Solutions today announced the availability of CL Lease™, an end-to-end, cloud-based asset leasing solution that enables efficient servicing and asset management for institutional, independent and captive lessors. With CL Lease, lessors have a fully integrated leasing solution that shortens time-to-market on product offerings, enables lower… Read More

March 1, 2016 @ 2:22 pm By Samantha Hurst  |  

This week, Kickstarter alum Kano announced its latest upgrade, Raspberry Pi 3. The DIY computer kit reportedly has new games and art-making challenges that are all sharable through Kano World, a creative community for tech beginners. Alex Klein, Kano founder and CEO, stated: “For three years,… Read More

March 1, 2016 @ 6:02 am By Erin Hobey  |  

LendInvest, a leading short-term property finance lender, has confirmed that it is still accepting applications for loans to finance purchases that could complete before the 3% Stamp Duty Land Tax increase that comes into effect for landlords and developers on 1 April. LendInvest has avoided… Read More

March 1, 2016 @ 5:14 am By Erin Hobey  |  

The Financial Stability Board seeks to evaluate the potential for systemic risk posed by emerging innovations in financial technology, a move which may mark the beginning of the end to the regulatory advantages enjoyed by fintech firms operating at the fringes of the financial services sector, according… Read More

February 29, 2016 @ 2:12 pm By Samantha Hurst  |  

UnaliWear and Maxim Integrated Products, Inc. announced on Monday the initial closing of UnaliWear’s $3.4 million Series Seed financing, led by a $1 million investment from Maxim Ventures.  This news comes just one year after UnaliWear secured over $110,000 on Kickstarter. The companies are working together on… Read More

February 29, 2016 @ 1:04 pm By Samantha Hurst  |  

On Monday, the National Crowdfunding Association of Canada (NFCA) announced that CEO of LendingArch, Arti Modi, has joined its advisory board.  Craig Asano, founder and executive director of NCFA Canada, stated: “As consumer finance continues to evolve through technology innovations and data advancements, marketplace lending will… Read More

February 29, 2016 @ 9:55 am By Samantha Hurst  |  

In celebration of February 29th, also known as Leap Day, Crowdfunder UK has announced a new contest as a way to change the meaning and purpose of the day. Sharing details about UK’s past traditions for Leap Day, Crowdfunder team shared: “February 29. The one… Read More

February 27, 2016 @ 2:49 pm By JD Alois  |  

For many small businesses to thrive, they need access to capital.  A promising business must be able to find financing to grow their business. If you do not have sufficient cash on hand you must go elsewhere. Typically SMEs start with the proprietor using their… Read More

February 26, 2016 @ 1:57 pm By Ethan Senturia  |  

I was recently asked, “What should a small business owner in a major cash crunch do to make payroll?”  Well, honestly, my first response was to say, “Try to not get to that point in the first place.”  As the old saying goes, an ounce… Read More

February 26, 2016 @ 1:20 pm By Samantha Hurst  |  

With the 88th annual Academy Awards (Oscars) airing this Sunday evening, Kickstarter joined in on the event’s festivities by celebrating crowdfunding creators that have been nominated. The famous portal  revealed that since 2011 at least one Kickstarter-funded film has been nominated for an Oscar each… Read More

February 26, 2016 @ 12:11 pm By Samantha Hurst  |  

Ribbit.me, a NY-based blockchain technology startup, announced on Thursday it has successfully raised $1.5 million during a seed funding round which was led by Hayaat Group, an investment company based in Dubai, with Privity FZ LLE acting as advisor. Ribbit.me has reportedly built what’s considered… Read More

February 26, 2016 @ 8:00 am By Samantha Hurst  |  

DRB, a national bank and a marketplace lender that has reached $1 billion in student loan refinancings, today announced it has closed its fifth securitization. This fifth securitization brings total issuance in excess of $1.1 billion. DRB has been providing refinancing options for student loans… Read More

February 25, 2016 @ 4:36 pm By Samantha Hurst  |  

 The Baby Boomers may never quite catch on, but mobile payments have won fans among the young US consumers coveted by so many brands – at least that’s what the recent GfK study confirmed. The research revealed in the US, Generation Z (ages 18 to… Read More