General News

January 4, 2016 @ 11:00 am By JD Alois  |  

Patomak Global Partners has announced that Daniel Gallagher has joined their global consultancy. He will responsible for strategic initiatives, client service, and overseeing firm operations as President of the company. Patomak is a consulting group for international and domestic corporations and financial services firms. The… Read More

January 4, 2016 @ 10:08 am By Samantha Hurst  |  

On Monday, reward-based crowdfunding platform Crowdfunder UK unveiled a new How to Crowdfund series advice called “Getting Funded.” The Crowdfunder UK team stated: “Your team is still active in the background, you have honed your story so it sounds great, you’ve indentified your crowd and know… Read More

January 4, 2016 @ 9:00 am By JD Alois  |  

A new report by consultancy firm Douw & Koren (D&K) states that crowdfunding has experienced a rise of over 200% in the Netherlands during 2015.  The authors state that during the last year € 128 was raised in comparison to € 63 million in 2014.  More than… Read More

January 3, 2016 @ 2:29 pm By JD Alois  |  

Since the financial crisis over 500,000 banking jobs have disappeared. Anytime there is a downturn on Wall Street jobs disappear. But is this time different? Bloomberg states; “Staff reductions at some of the world’s biggest banks are far from over. Deutsche Bank AG, which has… Read More

January 2, 2016 @ 11:53 am By Samantha Hurst  |  

  Back in Fall 2014, Finland-based, Jolla, launched an Indiegogo crowdfunding campaign to raise $380,000 for its new self-titled tablet. The unique tablet has been dubbed by the company as the world’s “first crowdsource tablet” to surface. Following the project’s success, Jolla returned to the global crowdfunding… Read More

January 2, 2016 @ 11:04 am By Samantha Hurst  |  

Taking a break from his work on Star Citizen,  57-year-old actor Gary Oldman sat down with Vulture to discuss the highly anticipated video game, its companion single-player spaceflight sim, Squadron 42, and crowdfunding. When Star Citizen surfaced in 2012, it immediately hit the spotlight and became one of the… Read More

December 31, 2015 @ 11:14 am By Samantha Hurst  |  

On Wednesday, Dealstruck announced one of its customers, Colorado-based CAUTION: Brewing Co., finalized a second location called CAUTION: West. The marketplace leader revealed that since the sale of its first beer in 2011, CAUTION: has experienced marked revenue growth. Before launching the second location, the company received numerous… Read More

December 31, 2015 @ 10:19 am By Samantha Hurst  |  

On Thursday, UK-based equity crowdfunding platform Crowdcube celebrated the new year by unveiling some highlights of the past twelve months. “What an amazing year 2015 has been and we couldn’t have achieved all our milestones without you. We look forward to what 2016 brings, but… Read More

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