General News

February 25, 2016 @ 1:59 pm By Samantha Hurst  |  

Last week, GE’s FirstBuild announced that its Indiegogo funded project, Opal Nugget Ice Maker, has entered the testing phase of its production. Last summer, the company launched a crowdfunding campaign to raise $150,000 for the product. The project quickly surpassed its initial goal and crossed the… Read More

February 25, 2016 @ 11:02 am By Samantha Hurst  |  

BookFuel, a company that provides professional self-publishing services to aspiring authors, announces the launch of FundMyBook to help authors publish with the help of sponsorships and other support by friends and family. FundMyBook provides a viable option to any writer who may have been intimidated… Read More

February 25, 2016 @ 10:31 am By Samantha Hurst  |  

Following the announcement that two animated Kickstarter-funded films have been recognized by The Academy, the crowdfunding giant’s film team has decided to reveal their cartoon movie favorites. Kickstarter’s Liz Cook, George Schmalz, and Dan Schoenbrun have put together a list of animated works that have… Read More

February 25, 2016 @ 9:24 am By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube celebrated the winners of its 2015 awards. The annual event honors many businesses that have funded through the UK portal (which is also celebrating it fifth birthday). The Crowdcube crew previously stated: “The categories range from ‘Pitch of the Year’ and ‘Coolest Brand… Read More

February 25, 2016 @ 6:49 am By Erin Hobey  |  

Just days after Kickstarter Alum & Mobile Wallet Provider LoopPay, Samsung Electronics Co. Ltd., announced that Samsung Pay, the mobile payment service, had reached a global milestone – nearly five million registered users processed over $500 million in its first six months, showing a strong adoption rate… Read More

February 25, 2016 @ 6:28 am By Erin Hobey  |  

The UK’s first ‘Council Solar Bond’ has been introduced today by P2P investment platform Abundance and Swindon Borough Council. The bond will pay investors a 6% return over a 20-year term paid in cash twice yearly, and those who invest within six weeks of today’s launch… Read More

February 25, 2016 @ 6:08 am By Erin Hobey  |  

Ablrate, the UK marketplace lender who specializes in asset-backed transactions, today announced its largest aircraft loan so far has reached its £1.8 million target within 13 days. This  most recent loan takes Ablrate’s total loans since inception past £6 million –£6,069,187.89 at this writing — with… Read More

February 25, 2016 @ 5:39 am By Erin Hobey  |  

LoanZen Pvt Ltd, which runs P2P lending marketplace LoanZen, has raised an undisclosed amount in seed funding from angel investors through Tracxn Syndicate, an angel network launched by Tracxn, reported VC Circle’s Nishant Sharma. Offering services in Bangalore, LoanZen provides SMEs with unsecured working capital loans against their pending invoices to MNC/listed… Read More

February 25, 2016 @ 5:22 am By Erin Hobey  |  

Conexus, Saskatchewan’s largest credit union, announced a partnership with Grow (formerly Grouplend), Canada’s fast growing fintech company, to bring online lending to Saskatchewan. This new partnership will allow residents of Saskatchewan access to Grow through one of Canada’s “most trusted and forward thinking” financial institutions…. Read More

February 24, 2016 @ 10:00 am By JD Alois  |  

Leverage PR, a well known marketing firm in the alternative finance sector, has announced a new crowdfunding consulting service said to be driven by ongoing demand from corporate customers.  Leverage said this new consulting group would utilize both in-house expertise and high-profile industry partners. Speaking… Read More

February 24, 2016 @ 2:54 am By Midori Yoshimura  |  

loanDepot on Wednesday announced the launch of its consumer experience and product development team with the appointment of Tim Von Kaenel as chief product officer, Rick Medeiros as chief digital officer and Helen Wang as head of consumer experience, according to a recent press release. The appointment… Read More

February 23, 2016 @ 7:22 pm By JD Alois  |  

International investors have always played an important role in providing capital to private placement offers.  The private placement market under Regulation D is enormous. Since Title II made actionable by the SEC in September of 2013, until the end of 2014, over $1.5 trillion in… Read More

February 23, 2016 @ 4:27 pm By Samantha Hurst  |  

Less than a year after securing funds on Kickstarter, feminist blog, Femsplain, announced it has ceased publishing on new content. Former Tumblr employee, Amber Gordon and her team hit the crowdfunding giant in March 2015 for the fully functional, community-powered publisher. The description read: “We are… Read More

February 23, 2016 @ 2:50 pm By JD Alois  |  

Elio Motors founder and CEO, Paul Elio, will be joining Cromwell Coulson, CEO of OTC Markets and Ron Miller of StartEngine, to “share the inside story” of using Regulation A+ to raise capital from investors online. Elio utilized the StartEngine equity crowdfunding platform to raise… Read More

February 23, 2016 @ 2:28 pm By Samantha Hurst  |  

CFX Markets, a secondary market for alternative investments, announced on Tuesday it has appointed Dan Breen as its new managing partner. Breen has been hired to aid in the rapid growth being experienced by the platform. He brings over 25 years’ worth of secondary market trading… Read More

February 23, 2016 @ 1:07 pm By Samantha Hurst  |  

Chapel Down Plc (EPIC: CDGP)has been announced as one of the London Stock Exchange’s 1000 Companies to Inspire Britain. The report, in its third year, recognizes the UK’s fastest-growing and most dynamic small and medium sized businesses. The company, which is considered to be the first… Read More

February 23, 2016 @ 9:12 am By Samantha Hurst  |  

The Elmspring Accelerator, a seed-stage technology accelerator for real estate and tech startups, has added Anka Capital Management partner Bob Gillespie as executive director. Founded by Thomas Bretz and Adam Freeman, Elmspring is emerging as a premier destination for technology startups in real estate and… Read More

February 23, 2016 @ 9:00 am By Samantha Hurst  |  

Classy, a fundraising and community mobilization platform  announced on Tuesday it has formed a partnership with voluntary health agency, The Leukemia & Lymphoma Society (LLS).   The transition will start with LLS’s flagship campaign, Team in Training (TNT), a charity sports training program.  In addition to TNT, other… Read More

February 23, 2016 @ 7:10 am By Erin Hobey  |  

Capital Cell, the first European equity crowdfunding platform specializing in biotech and life sciences startups and companies, has successfully linked with entrepreneurs and investors on their most recent self-funding round. To date the Barcelona-based equity crowdfunding platform founded in 2015  by CEO Daniel Oliver, who also serves as the president of Asociación Española… Read More

February 23, 2016 @ 6:40 am By Erin Hobey  |  

Consumer fintech firm, MoneyMe, has announced a $30 million AUS capital raise after just two years in operation, signaling increasing confidence by the investment community in fintech who demonstrate an ability to achieve their growth projections and deliver true consumer value. The $30 million capital… Read More