General News

January 15, 2016 @ 12:54 pm By Samantha Hurst  |  

Last month, online marketplace platform EQUITYMULITPLE announced its second equity investment opportunity, which is a $12.9 million cash-flowing industrial park located in St. Petersburg, Florida. This launch comes on the heels of the company’s successful equity raise for its first project: Bushwack Capital’s $7.1 million development… Read More

January 15, 2016 @ 11:56 am By Samantha Hurst  |  

Just a little over a year after its highly successful Indiegogo initiative came to an end, Canadian audio technology startup, Mass Fidelity, announced that its wireless speaker system, The Core, is now available for purchase. The project successfully secured over $1.5 million through the campaign… Read More

January 15, 2016 @ 10:31 am By Samantha Hurst  |  

Taking some time away from the recording schedule, TLC bandmate Chilli sat down with Billboard magazine to share some details about the upcoming and highly anticipated Kickstarter album. Last year, all-girl group TLC took to crowdfunding giant with a mission to raise $150,000 for their… Read More

January 15, 2016 @ 9:22 am By Samantha Hurst  |  

Krowdster, a crowdfunding marketing and analytics platform, announced on Thursday it has launched what it believes is the “world’s largest” searchable database of backers and super backers on Kickstarter and Indiegogo. Updated daily, the easy-to-use backer directory is the latest in the series of crowdfunding… Read More

January 14, 2016 @ 5:41 pm By JD Alois  |  

In an interview with Canadian Business, Canadian Imperial Bank of Commerce (CIBC) CEO Victor Dodig touched upon looming competition with online lenders. Dodig is a relatively new CEO of the bank having taken the helm of CIBC in 2014. Dodig joined CIBC in 2005 but prior… Read More

January 14, 2016 @ 5:04 pm By Samantha Hurst  |  

Less than a week after Blue Mountain State: The Ride of Thadland’s first clip was released, entertainment giant Lionsgate unleashed the highly anticipated film’s official trailer. Eric Falconer, the creator of the popular television series, launched a crowdfunding campaign in early 2014 to help finance its feature-length film…. Read More

January 14, 2016 @ 4:37 pm By Georgia Quinn  |  

As discussed in part one, the SEC’s final Regulation Crowdfunding rules require thorough analysis to not fall prey to potential traps. While I firmly believe that we can make crowdfunding work regardless of the roadblocks set forth, it does not mean that we can afford… Read More

January 14, 2016 @ 4:12 pm By Samantha Hurst  |  

On Thursday, AlliedCrowds released its January 2016 crowdfunding report. This new document covers 2015 statistics, 2016 forecast, recapping the year, crowdfunding regulations, and crowdfunding and the SDGs. The data analysis company shared: “We are excited to share with you the January edition of our bimonthly report on… Read More

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