General News

January 21, 2016 @ 11:26 am By Samantha Hurst  |  

Get excited, Exploding Kittens fans – your favorite inappropriate cat-themed card game is now available for iPhones! Exploding Kittens, which successfully secured $8,782,571 from 219,382 backers on Kickstarter, is described as a highly strategic kitty-powered version of Russian Roulette. Players take turns drawing cards until someone draws an exploding kitten and… Read More

January 21, 2016 @ 10:14 am By Samantha Hurst  |  

Startupbootcamp FinTech New York  announced on Thursday it has formed new partnerships with Deutsche Bank, Route 66 Ventures and WilmerHale to further expand the participation in its accelerator program. Startupbootcamp launched its New York FinTech Accelerator program in November 2015 and is now proud to announce… Read More

January 21, 2016 @ 8:33 am By Samantha Hurst  |  

On Thursday, UK-based equity investment platform VentureFounders announced it has not only completed a £1.8 million fundraiser, which will be used to fuel further growth for the investment platform that aims to make venture capital and angel style investing much more accessible, it has also appointed former CEO… Read More

January 21, 2016 @ 6:02 am By Erin Hobey  |  

Capitalia, represented in NASDAQ Riga stock exchange, is the leading alternative financing provider for small and medium enterprises in Latvia and Lithuania.  This January Capitalia  obtained necessary permits to broaden its services to the Estonian market. Citing the current financial conditions that cause banks to be more cautious when financing… Read More

January 21, 2016 @ 5:43 am By Erin Hobey  |  

Moody’s Investors Service avers that the development of domestic securitization markets will help India and China achieve their common goal of building inclusive financial systems that will ultimately bring affordable credit to the underprivileged segments of their societies and which are usually excluded from the conventional banking… Read More

January 21, 2016 @ 5:17 am By Erin Hobey  |  

Koinify, a crowdfunding platform for cryptocurrency projects, will cease operating website and data custody operations, essentially deleting all wallets and coin holdings of users who participated in campaigns and did not move their coins elsewhere. “Following previous notice, please note that Koinify site is officially shutting… Read More

January 21, 2016 @ 4:49 am By Erin Hobey  |  

Online lender Elevate Credit Inc. has postponed its initial public stock offering due to difficult market conditions, reported the Wall Street Journal. The firm was slated to price its initial public stock offering Thursday. Based in Fort Worth, Texas, Elevate Credit makes unsecured personal loans to subprime borrowers. In 2014, Elevate was spun out… Read More

January 21, 2016 @ 4:20 am By Erin Hobey  |  

Fresh from its October 2015 investment in US marketplace lender Kabbage, Dutch bank ING has taken a stake in WeLab, a non-bank provider of consumer loans in China and Hong Kong. ING participated in a Series B $160 million (RMB1 billion) fundraising in the three-year old… Read More

January 20, 2016 @ 4:34 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 the launch of its Certified Expert Program.  KoreConX revealed that corporate secretaries, consultants, freelance administrators, business consultants and anyone else involved in… Read More

January 20, 2016 @ 2:26 pm By Samantha Hurst  |  

With less than 24 hours until the 2016 Sundance Film Festival kicks off, Indiegogo announced details about the 5th annual Array Soiree, which will be hosted by Ava DuVernay, founder of Array, and Danae Ringelmann, co-founder and chief development officer of Indiegogo. The global crowdfunding platform… Read More

January 20, 2016 @ 1:41 pm By Samantha Hurst  |  

Millennium Trust Company announced today an agreement with Prudential Insurance Company of America (PICA) that allows plan fiduciaries to select the Prudential Guaranteed Fund as an investment option when using Millennium’s automatic rollover services.  Terry Dunne, managing director of the Rollover Solutions Group at Millennium… Read More

January 20, 2016 @ 12:26 pm By Samantha Hurst  |  

On Wednesday, the Pew Research Center released its new report that reveals details about journalism crowdfunding. The center stated that it has conducted a study of 658 journalism-related projects that were proposed on Kickstarter from April 28, 2009, to September 15, 2015. It stated that from Kickstarter’s… Read More

January 20, 2016 @ 11:29 am By Samantha Hurst  |  

BlueVine, an online provider of working capital financing to small businesses, announced on Wednesday it has closed $40 million in funding, bringing the company’s total funding to $64 million to date.  This Series C funding was led by an investment from Menlo Ventures, with additional… Read More

January 20, 2016 @ 9:22 am By Samantha Hurst  |  

Norwest Venture Partners, a global venture capital and growth equity investment firm, today announced the formation of its latest fund, Norwest Venture Partners XIII, LP. The $1.2 billion fund targets early to late stage venture and growth equity investments across a wide range of sectors… Read More

January 19, 2016 @ 4:01 pm By JD Alois  |  

Looking Glass Investments (LGI), based in Milwaukee, has added new names to its advisory committee. The company reports the following new members will be aiding the firm;  Greg Davis, CEO, Hampton Aviation, Houston, TX  Scott Lawin, COO and Director, Moore Capital Management, New… Read More

January 19, 2016 @ 3:40 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced that it is dubbing 2016 the “Year of the Trailer.” The crowdfunding giant declared in a blog post: “Each month, the Film team will curate three to five new campaigns from some of our favorite filmmakers. But not for new feature… Read More

January 19, 2016 @ 2:25 pm By Samantha Hurst  |  

With Indiegogo success Lazer Team set to hit theaters on January 27th, Rooster Teeth’s Matt Hullum sat down to discuss the film and the company’s partnership with the video platform. During his interview, Hullum shared why Rooster Teeth decided to turn to Indiegogo for funds: “A feature… Read More

January 19, 2016 @ 2:23 pm By JD Alois  |  

PwC has just revealed their annual survey of global CEOs at the World Forum in Davos.  This is the 19th annual survey published by the global consulting firm. This year PwC tallied the thoughts and impressions of 1,409 respondents. There are loads of interesting data… Read More

January 19, 2016 @ 2:01 pm By Samantha Hurst  |  

This week, chief legal officer of crowdfunding platform Seedrs, Karren Kerrigan, and chairman for tax and economic affairs of the Federation of Small Businesses (FSB), Tony Baron, sat down with Workspace to discuss their 2016 predictions for alternative finance. During the interview, Kerrigan stated alternative finance will… Read More

January 19, 2016 @ 10:45 am By Samantha Hurst  |  

On Tuesday, Crowdcube announced that a grand total of 111 tech startup has secured £44.5 million through its equity crowdfunding platform. The Crowdcube team declared in a blog post:   “2015 was a record-breaking year here at Crowdcube as the equity crowdfunding market continued to grow at… Read More