General News

January 28, 2016 @ 4:38 am By Erin Hobey  |  

Santander InnoVentures, the $100 million fintech venture capital fund of Santander Group, in partnership with Onevest, a leader in the startup ecosystem operating CoFoundersLab and 1000 Angels, today announced Cambridge Blockchain as the winner of its Distributed Ledger (DL) Challenge. Massachusetts based Cambridge Blockchain was among… Read More

January 28, 2016 @ 4:15 am By Erin Hobey  |  

Partner Susan Su announced 500 Startups Batch 16 on the fund’s blog, celebrating the largest accelerator cohort in 500 Startups history with 53 companies in total. Batch 16 presents five major industry themes, including FinTech, Digital Health, ViceTech, HR/workforce development and SportsTech.  To date, 500 Startups has invested in well over 500 companies, over 1500… Read More

January 27, 2016 @ 4:35 pm By Samantha Hurst  |  

This week, Crowdcube #FundedClub member JustPark announced it has teamed up with traffic and navigation app Waze to create its brand new Android app. Speaking about the app, the parking innovator shared in its blog: “The whole app has been completely redesigned and it’s crammed full… Read More

January 27, 2016 @ 3:46 pm By Samantha Hurst  |  

SeedUps Canada, the first investment crowdfunding platform to set up shop in the country, announced last week that it is launching the Be the Dragon tour. The website shared the event will be making stops in Vancouver and Calgary with a mission to attract companies to… Read More

January 27, 2016 @ 3:06 pm By Samantha Hurst  |  

This week, equity crowdfunding platform Crowdfunder announced that it has teamed up with B37 Ventures to co-manage the seed fund for the Singularity University Labs Accelerator (SULA). The SULA fund will reportedly provide $100,000 in seed funding, and acceleration, to high impact for-profit ventures that are… Read More

January 27, 2016 @ 2:44 pm By JD Alois  |  

MangoPay, a payment platform that has focused on the crowdfunding and marketplace sector of finance, has shared a brief update on their progress. According to the company, Mangopay now has hit the following numbers: Over €200 million in payments processed 900 clients and rising 50 +… Read More

January 27, 2016 @ 12:03 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 on Wednesday it has formed a partnership with Associated Foreign Exchange (AFEX) to bring escrow services to equity and debt crowdfunding portals. The company… Read More

January 27, 2016 @ 10:37 am By Samantha Hurst  |  

Founder and CEO of real estate crowdfunding platform iFunding, William Skelley, has been named a member of the exclusive ‘Next Generation of Real Estate Leaders.’ The first annual dinner for the group will be held this evening in New York City at the Columbus Citizens Foundation…. Read More

January 27, 2016 @ 8:39 am By JD Alois  |  

According to Dow Jones’ Venture Capital Report, European VC fundraising jumped 58% to €1.33 in Q4 2015 in comparison to Q3 when reviewing the number of fund closings and capital raised. When comparing to Q4 of 2014, venture capital increased only 6% as the number of… Read More

January 26, 2016 @ 2:47 pm By Samantha Hurst  |  

Following the big matchup between the Denver Broncos and New England Patriots at the AFC Championship football game, P2BInvestor revealed in its latest blog post that startups can learn a thing or two from the sporting event. The P2BInvestor team shared: “As a Denver-based startup,… Read More

January 26, 2016 @ 1:55 pm By Samantha Hurst  |  

PrivatEquity.biz, Israel-based secondary market trading arena, announced on Tuesday that it has launched its Global Provider Program. According to PrivatEquity.biz, the Global Provider Program aims to help mature private, pre-IPO high-tech companies to receive investments from both private and institutional investors in their regions through secondary… Read More

January 26, 2016 @ 12:25 pm By Samantha Hurst  |  

On Monday, CrowdRise announced its Water for Flint challenge in partnership with Craig Newmark, founder of craigslist and craigconnects, to deliver 25,000 cases of water to the residents of Flint, Michigan. The crowdfunding platform stated that for every $20 donation made to any fundraiser through the Water for Flint Challenge, Newmark will match the donation with… Read More

January 26, 2016 @ 12:01 pm By JD Alois  |  

Data provided by TheCrowdfundingCentre asserts that crowdfunding is the vehicle driving an “unprecedented” global wave of innovation.  In a report entitled, “2016: State of the Crowdfunding Nation”, the authors state that rewards based crowdfunding is providing much needed seed funding for smaller firms thus generating… Read More

January 26, 2016 @ 10:56 am By Erin Hobey  |  

Deloitte Digital (Africa) acquired the fintech services business Jinja Interactive, according to IT Online. The acquisition of Cape Town-based Jinja Interactive will boost Deloitte Digital’s growing value chain of digital expertise, particularly in digital financial services and fintech innovation.   “We’re very happy to have the… Read More

January 26, 2016 @ 8:18 am By Samantha Hurst  |  

On Tuesday, Crowdcube announced it was named of UK’s most innovative businesses by Bloomberg in its inaugural Business Innovators List. The equity crowdfunding platform declared in its blog: “Bloomberg unveiled its inaugural Bloomberg Business Innovators list, naming Crowdcube as one of the breakthrough businesses disrupting the… Read More

January 26, 2016 @ 7:16 am By Erin Hobey  |  

Swedish fintech investor NFT Ventures is launching a second fund targeting startups in Finland through a partnership with local broadcaster MTV. MTV, owned by the Swedish media conglomerate Bonnier Group, has reportedly invested 150 million krona ($17.5 million) into the fund and will also ensure “nation-wide media… Read More

January 26, 2016 @ 7:03 am By Erin Hobey  |  

Start-up ENIO wants to promote electric cars with the help of a crowd solution in partnership with Companisto. The demand for charging stations is also rising as more powerful electronic vehicles are arriving on the market. As a consequence, drivers need to know where the nearest… Read More

January 25, 2016 @ 1:51 pm By Samantha Hurst  |  

Earlier this month, Chicago-based startup Gramovox offered up production and shipping details about its Kickstarter success project, Floating Record. Floating Record is described as a high-performance turntable that plays records vertically through built-in, dynamic, full-range stereo speakers (or through an RCA line out). Each Floating Record sits… Read More

January 25, 2016 @ 11:48 am By JD Alois  |  

While the emerging sharing economy clearly produces economic benefits driven by intrinsic efficiencies the sector is confounding the UK government a bit – as they are struggling to quantify the overall benefit to society. This was discussed, to a degree, in a recent report published… Read More

January 24, 2016 @ 8:08 pm By JD Alois  |  

Elevate Credit, an online lender in the payday loan space, decided to hold off on its IPO last week as the realities of an exceptionally volatile market gave pause to management.   Elevate CEO Ken Rees stated; “Although the response to the marketing of our planned… Read More