General News

December 31, 2015 @ 9:34 am By Samantha Hurst  |  

Weijinsuo, a Beijing-based peer-to-peer (P2P) lending platform, announced on Thursday that it has raised $46 million (RMB300 million) during its series A lending round, which was led by HNA Capital. According to the China Money Network, Weijinsuo was founded in 2013 and currently has 700,000… Read More

December 31, 2015 @ 9:19 am By Samantha Hurst  |  

Ready to ring in the new calendar year with positive thoughts and motivation, debt and equity based crowdfunding platform, Invesdor unveiled more details about its success throughout 2015. The Helsinki-based website shared: “Over the last 12 months, Invesdor has grown. So has the European crowdfunding scene…. Read More

December 31, 2015 @ 3:07 am By Erin Hobey  |  

As 2015 comes to a close, here are some highlights from WWF, the wonderful world of fintech. And what a year it’s been!  At the close of last year, the world watched Lending Club’s astounding IPO. By this November, the firm surpassed $13B from borrowers since its 2006 launch. During… Read More

December 30, 2015 @ 2:21 pm By Samantha Hurst  |  

As more and more people continue to turn to crowdfunding for personal needs, professor of Health Sciences at Simon Fraser University, Jeremy Snyder, cautions those who use the funding method for medical bills. During a recent interview with CBC News, Snyder stated that rather than filling in… Read More

December 30, 2015 @ 12:52 pm By Samantha Hurst  |  

Last week, Paramount and CBS announced they have filed a lawsuit against independent Star Trek film, Axanar. The film has raised over $1 million through Indiegogo and Kickstarter campaigns. It is feature film, but will be broken down into four episodes following the four acts of the script. California-based Axanar Productions previously… Read More

December 30, 2015 @ 12:23 pm By Samantha Hurst  |  

Earlier this summer, Chicago-based startup BauBax launched a Kickstarter campaign to raise funds for its new self-titled travel jacket. The BauBax Travel Jacket is equipped with 15 features that makes it perfect for those traveling. Such features include a neck pillow, earphone holders, eye mask, phone… Read More

December 30, 2015 @ 12:10 pm By Samantha Hurst  |  

Gearing up for the 2016 calendar year, Indiegogo has unveiled the 10 Amazing Crowdfunding Pitch Videos of 2015. These projects were funded on the platform during the past twelve months. The global crowdfunding website shared in a blog post: “Did you know that crowdfunding campaigns… Read More

December 30, 2015 @ 10:03 am By Samantha Hurst  |  

With crowdfunding continuing to gain more popularity by the day, co-founder and chief development officer of Indiegogo, Danae Ringelmann reveals to Foundr Magazine what inspired her to create the platform and how it has helped the funding method become what it is today. During her… Read More

December 29, 2015 @ 4:21 pm By Samantha Hurst  |  

Last week, marketplace lending platform Prosper announced the winners of the #MyProsperStory contest. This was an opportunity for borrowers to have their loan paid in full free of charge. The contest was simple: Create a short video (3 minutes max) and tell your story. Email it off… Read More

December 29, 2015 @ 2:40 pm By Samantha Hurst  |  

This week, Jimmy Kimmel pitched a new (and unique) kind of project on the set of the hit series, Shark Tank called Horse Pants. The show revealed in a Facebook post on Tuesday: “You never know what will happen when Jimmy Kimmel and a horse step into… Read More

December 29, 2015 @ 2:38 pm By Samantha Hurst  |  

Lending Club (NYSE: LC), the largest marketplace lending platform in the U.S., recently released a new infographic that shares details about small business financing. The platform revealed that out of 28 million U.S. small businesses 44% of owners want financing but can’t get the right… Read More

December 29, 2015 @ 11:57 am By JD Alois  |  

Orchard platform has published a recap of 2015 but has done this in a visual fashion. Yes, Orchard loves the data and associated charts. But then a picture can be worth a thousand words.  Co-founder and Chief Analytics Officer of Orchard, David Snitkof, has used… Read More

December 29, 2015 @ 10:18 am By Samantha Hurst  |  

Honoring George Takei for his performance in his Indiegogo project, Allegiance, media outlet Theater Mania has named the Star Trek alum one of 2015’s Best Broadway debuts. The list’s description reads: “One of the most exciting things about going to the theater frequently is being… Read More

December 29, 2015 @ 10:13 am By Samantha Hurst  |  

Continuing to offer more tips for crowdfunding campaign organizers, Indiegogo has unveiled some advice about what to do after the initiative is done. The global platform shared: “Congratulations – you have officially run your very own crowdfunding campaign! For the past few months (or more!),… Read More

December 28, 2015 @ 4:07 pm By Samantha Hurst  |  

With the 2016 calendar just around the corner, Jerusalem-based equity crowdfunding platform OurCrowd reflected on the past twelve months in its recent weekly newsletter. The platform shared: “It’s been a busy year for the ‎Startup Nation: multi-million dollar acquisitions, new key figures in the Israeli… Read More

December 28, 2015 @ 2:24 pm By Samantha Hurst  |  

Giving backers more reasons to be excited about its highly successful Kickstarter project, travel-light LTD’s “revolutionary” carry-on luggage, G-RO, Shalgi Design Studio announced the “Stealth Black” special edition, along with color wheel plates. Shalgi Design shared in a recent update: “Hi Backers! Originally we intended the Stealth Black… Read More

December 28, 2015 @ 12:01 pm By Samantha Hurst  |  

Following the recent announcement that Camden Town Brewery has been acquired by mega brewer AB InBev, CEO Jasper Cuppaidge revealed more details about the situation with Business Insider. Last week, Jasper discussed the transaction to fans and shareholders; “The ‘craft’ brewing movement has seen incredible growth… Read More

December 28, 2015 @ 10:11 am By Samantha Hurst  |  

Showing some love for Oakland rapper, Kreayshawn, a devoted fan launched a GoFundMe initiative after she announced that she has been left with no money just days before Christmas. Kreayshawn, who is known for her hit song Gucci Gucci, took to her Twitter account to rant… Read More

December 28, 2015 @ 9:49 am By Samantha Hurst  |  

During the fifth week of its How to Crowdfund series, Crowdfunder UK unveiled the creating great rewards rules. The reward-based crowdfunding platform declared: “Rewards are benefits, products or services offered by the project. Examples of rewards are thank you tweets, events and experiences, products and mementoes of… Read More

December 26, 2015 @ 9:33 pm By Samantha Hurst  |  

This month, crowdfunding platform, DonorsChoose, joined forces with nonprofit organization BJ’s Charitable Foundation to create a “flash fund” for Florida’s Lee County schools. Jessica Newman, executive director of BJ’s Foundation, stated: “Many classrooms across the country face shortages in funding, which is why helping students… Read More