General News

February 15, 2016 @ 1:39 pm By Samantha Hurst  |  

Israel Secondary Fund (ISF), a secondary fund that provides liquidity to the private equity and venture capital market by acquiring stakes in Israel, announced on Monday it is in advanced stages of raising $100 million for its second fund, ISF II. The majority of the… Read More

February 15, 2016 @ 10:00 am By JD Alois  |  

Rich Ricci, a former senior banker at Barclay’s who spent almost 20 years at the bank, has migrated over to the future of finance by joining freemarketFX, a fintech startup that offers currency exchange.  The FT called the former head of Corporate and Investment Banking… Read More

February 13, 2016 @ 7:17 pm By JD Alois  |  

Independent research firm Autonomous has published a report on “Digital Lending” that estimates that online lending has an addressable market in the US and Europe of $2 trillion dollars.  This outsized opportunity (that others have estimated at being far larger) is married with many opportunities… Read More

February 13, 2016 @ 11:06 am By Samantha Hurst  |  

Kickstarter co-founder Charles Adler recently shared his thoughts on finding the portal and life since leaving the crowdfunding industry. Kickstarter is one of the largest and well known reward-based crowdfunding platforms in the world. It was founded by Adler, CEO Yancey Strickler and Perry Chen… Read More

February 12, 2016 @ 8:00 am By JD Alois  |  

In a recent PIPEs report from The Deal, the observation was made the Regulation A+, an updated exemption under Title IV of the JOBS Act, is picking up steam.  So far over 70 companies have filed a Form 1-A with the SEC and, according to the… Read More

February 11, 2016 @ 3:31 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), at the University of Cambridge Judge Business School in the UK, has received the backing of the CME Group Foundation to the tune of a $1 million grant to  support research on new forms of finance such as… Read More

February 11, 2016 @ 1:22 pm By Samantha Hurst  |  

On Thursday, marketplace platform Lendio announced it has appointed Edward Angstadt as senior vice president of marketing. He reportedly joins the website during its fast-paced growth phase highlighted by nearly 100 percent year-over-year revenue growth. Angstadt joins Lendio from Web.com, a provider of Internet services and… Read More

February 11, 2016 @ 9:54 am By Samantha Hurst  |  

LendingArch, an emerging Canadian marketplace lending platform, announced on Thursday it has appointed Paul Hadzoglou as Head of Credit & Risk. Hadzoglou notably comes to LendingArch with a track record of high performance and value, and his detail to data science, credit risk and underwriting… Read More

February 11, 2016 @ 5:45 am By Erin Hobey  |  

“As the first regulated equity crowdfunding platform in the world, Seedrs has always focused on doing equity crowdfunding the right way. Our mission is to build a sustainable industry with a business approach focused on a combination of scale and professionalism. We create a world-class… Read More

February 11, 2016 @ 5:10 am By Erin Hobey  |  

Y Combinator announced that the five year partnership with Imagine K12 has taken its next step on its Posthaven blog, the original edtech accelerator, has joined Y Combinator to form an edtech vertical within YC. Agreeing that 2016 was the right time to create YC/Imagine K12, the team decided to… Read More

February 11, 2016 @ 4:34 am By Erin Hobey  |  

Mumbai-based P2P lending fintech startup, Capzest, has raised $200K in seed funding from LionVentures, a seed investment and innovation platform founded by Anurag Mehrotra founder of LionVentures; Varun Dua, co-founder and CEO of Coverfox; Amit Tambe, former senior partner of Trilegal India and Vikas Jhunjhunwala, a Mumbai-based textile businessman reported VC Circle…. Read More

February 10, 2016 @ 2:59 pm By JD Alois  |  

One of the longest ongoing crowdfunding events in this very young industry is taking place once again in the heart of Silicon Valley. The 4th Annual Silicon Valley Crowdfunding Conference returns to the Computer History Museum in Mountain View on March 3rd & 4th this… Read More

February 9, 2016 @ 4:19 pm By Samantha Hurst  |  

Loan approval rates at both big banks and small banks dropped in January 2016, according to the Biz2Credit Small Business Lending Index, the monthly analysis of more than 1,000 small business loan applications on Biz2Credit. Additionally, loan approval percentages at credit unions fell to an… Read More

February 9, 2016 @ 2:23 pm By Samantha Hurst  |  

Bizfi, a premier FinTech company with a platform that combines aggregation, funding and a participation marketplace for small businesses, announced it originated over $142 million in business financing in the fourth quarter of 2015 – a record for any one-quarter since the founding of the company… Read More

February 9, 2016 @ 1:55 pm By Samantha Hurst  |  

On Tuesday, organizers of LendIt USA 2016 announced that Paypal’s co-founder and first outside investor in Facebook, Peter Thiel, is set to deliver the keynote address at the forthcoming event. LendIt is considered the largest conference series dedicated to connecting the global online lending community. The… Read More

February 9, 2016 @ 1:07 pm By Samantha Hurst  |  

This week, UC Berkeley Haas School of Business assistant professor, Andreea Gorbatai, announced in a recent report that is currently under review, women reportedly raised more money with crowdfunding. Gorbatai revealed to Entrepreneur that women generally use words that talk about positive emotions — for example,… Read More

February 9, 2016 @ 12:18 pm By Samantha Hurst  |  

KoreConX, a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced this week it has developed a new compliance tool for exempt market dealers (EMDs) known as Chief Compliance Officer (CCO) Module. According to KoreConX, the… Read More

February 9, 2016 @ 11:23 am By Samantha Hurst  |  

On Tuesday, crowdfunding platform Seedrs congratulated British tennis player, Andy Murray, on the birth of his and wife Kim Sears’ daughter. The Seedrs team took to the portal’s Twitter account and wished Murray and Sears the best. Congratulations @andy_murray and #KimSears on the birth of… Read More

February 9, 2016 @ 11:02 am By Samantha Hurst  |  

OFF3R, a mobile crowdfunding aggregator, announced on Monday it is eyeing a major expansion after receiving a £480,000 investment from various investors including New Look founder Tom Singh, super-angel Daniel McPherson, Earlymarket and Head of Marketing from Rocket Internet-backed Jumia. Lex Deak, the founder of OFF3R, stated: “We… Read More

February 9, 2016 @ 10:01 am By Erin Hobey  |  

National Funding, a private lenders of small business loans, today announced that industry veteran Geoff Howard has joined its executive team as Executive Vice President of Technology. Howard joins National Funding from Intuit during the company’s fastest-growth period, which has experienced a 172% revenue growth surge… Read More