General News

January 14, 2016 @ 2:42 pm By JD Alois  |  

Her Majesty’s Revenue and Customs (HMRC) department, the agency responsible for the collection of taxes, has published its current “position” on the requirement to deduct income tax on interest paid on peer to peer loans. According to HMRC, under existing tax rules in Chapter 3… Read More

January 14, 2016 @ 1:48 pm By Samantha Hurst  |  

Kickstarter announced that according to some new stats, 978,000 have pledged over $1.44 million to game campaigns on its crowdfunding platform.  The crowdfunding giant declared: “Kickstarter loves games, and we know you do, too. But this year, we were blown away by the sheer force… Read More

January 14, 2016 @ 1:00 pm By Samantha Hurst  |  

On Thursday, online marketplace for real estate investing, RealtyMogul.com, announced $16.875M bridge loan and $1.5M preferred equity investment, which facilitated the acquisition of an office building in Rolling Meadows, Illinois.  The sponsor is Schaumburg-based Helios Properties and the facility is a non-recourse loan with proceeds being used… Read More

January 14, 2016 @ 11:50 am By JD Alois  |  

CoinDesk, a bitcoin / cryptocurrency media platform has been acquired by Digital Currency Group.  According to a statement by CoinDesk, the editorial and business teams will merge with DCG’s recently launched events platform while forming a New York based subsidiary focuses on the curation of… Read More

January 14, 2016 @ 11:45 am By Samantha Hurst  |  

Income&, a marketplace investment platform based in San Francisco, announced on Thursday it has been named a finalist for the SXSW Accelerator Pitch competition, which will take place March 12th and 13th. The company revealed that in its eighth year, the accelerator competition at SXSW will… Read More

January 14, 2016 @ 11:13 am By Samantha Hurst  |  

Following President Barack Obama’s final State of the Union address, Kickstarter announced it is supporting the politician and the country’s future economic view. President Obama stated: “In this new economy, workers and start-ups and small businesses need more of a voice, not less. The rules should… Read More

January 14, 2016 @ 10:31 am By Samantha Hurst  |  

This week, EarlyShares revealed the information that real estate investor need to know about the interest rate uptick. The crowdfunding platform’s Joanna Schwartz revealed in a blog post: “After months of well-publicized inaction, the Federal Reserve finally announced on December 16 that it was raising… Read More

January 14, 2016 @ 10:07 am By Samantha Hurst  |  

Broken Lizard, the studio behind the cult classic Super Troopers, recently offered up a new update for the film’s upcoming sequel. Earlier this year, Broken Lizard announced the sequel just 14 years after the first film’s release at the 2001 Sundance Festival. The crew revealed that… Read More

January 14, 2016 @ 9:00 am By Erin Hobey  |  

Revolution Ventures led a $15 million Series B funding round for PolicyGenius today;  funding will be utilized by PolicyGenius to reshape the direct-to-consumer insurance industry. Launched in July 2014, PolicyGenius facilitates the insurance discovery and purchase process for life, long-term disability, renters, and pet insurance. The company… Read More

January 14, 2016 @ 6:09 am By Erin Hobey  |  

Funding Circle posed the question on its blog, “Did You Help 146 Businesses Access Finance Last Week?” While many readers were still on holiday, during the week of 4 – 8 January, it was back to business for fintech and the crowdfunding sectors!  Funding Circle investors… Read More

January 14, 2016 @ 5:09 am By Erin Hobey  |  

LendInvest, the leading online lender for short-term property finance, has appointed its first in-house legal counsel to the company’s expanding team. Ruth Pearson joins LendInvest from Simmons & Simmons where she was a Managing Associate in the Banking team. Pearson joined Simmons & Simmons as a… Read More

January 14, 2016 @ 4:37 am By Erin Hobey  |  

Munich-based tech startup MODINICE has partnered with Companisto on its recently launched equity crowdfunding campaign. In its first day the startup raised over 58,725€ from more than 117 investors toward its 500,000€ funding goal. Even though digitization has progressed quickly, office computer design has been relatively flat over the… Read More

January 13, 2016 @ 4:30 pm By Samantha Hurst  |  

Following an exciting few days at the 2016 Consumer Electronics Show (CES), the Indiegogo team took to global crowdfunding platform’s blog and shared some details about the big event. The team stated: “CES 2016 has officially come to a close, and this year’s show was bigger and… Read More

January 13, 2016 @ 2:39 pm By Samantha Hurst  |  

On Wednesday, Kickstarter success Doppler Labs announced the continuation of its partnership with Goldenvoice and transform the 2016 Coachella Valley Music and Arts Festival into the “most sonically and technologically advanced music festival in the world” by bringing its Here Active Listening System to the big event…. Read More

January 13, 2016 @ 2:39 pm By Samantha Hurst  |  

UK’s Crowdfunding Centre is queuing up a new report called 2016: The State of the Crowdfunding Nation. This report is said to reveal data from the Centre’s research of more than 300,000 campaigns across all major global platforms in the past two years. According to the forthcoming… Read More

January 13, 2016 @ 12:17 pm By Samantha Hurst  |  

Following the announcement that One Spark, Inc. is making some several new changes, including the creation of its new social purpose corporation and the resignation of CEO Elton Rivas, chairman of the company Peter Rummell shared his thoughts about the latest situation and the future of the One Spark… Read More

January 13, 2016 @ 12:00 pm By Erin Hobey  |  

Nearly one third of Americans will be using a technology company for financial services such as loans, mortgages and payments in five years, reports global P2P platform TransferWise Almost one third of Americans are likely to be using a technology provider and not a bank for… Read More

January 13, 2016 @ 11:35 am By Samantha Hurst  |  

Earlier this week, Double Fine boss, Tim Schafer, took to Reddit to discuss the future of the developer’s highly anticipated video game, Psychonauts 2. The game captured $3.8 million through its crowdfunding campaign on Fig. During AMA chat, Schafer stated: “The story for Psychonauts 2 is something… Read More

January 13, 2016 @ 11:00 am By Samantha Hurst  |  

Back in July 2014, developer Epic Minds launched a crowdfunding campaign on Kickstarter to raise funds for its new 2D inspired video game, Midora. During its time on the platform, the initiative captured nearly $75,000 from over 3300 backers. Unfortunately, after nearly a year of developing, Epic… Read More

January 13, 2016 @ 10:24 am By Samantha Hurst  |  

Horus Technology, an Italian startup that combines technologies taken from robotics, health tech and augmented reality to enhance the lives of the blind and visually impaired, announced on Wednesday it has received a $900,000 investment from 5Lion Holdings. The company declared: “Today begins a new… Read More