General News

December 15, 2015 @ 7:27 am By JD Alois  |  

London-based Fintech startup GoCardless and innovative payment solution provider Mangopay have formed a partnership that is said to improve the collection of payments from global crowdfunding platforms. GoCardless launched in 2012 and presently serves more than 13,000 companies collecting over a billion pounds per year. It has… Read More

December 14, 2015 @ 3:12 pm By Samantha Hurst  |  

Earlier this month, actor and director of the cult classic Super Troopers, Jay Chandrasekhar, announced that he is currently working on his memoir. Entertainment Weekly reports that Chandrasekhar’s memoir will look back at his childhood growing up in “the lily-white suburbs of Chicago,” his years at… Read More

December 14, 2015 @ 2:10 pm By Samantha Hurst  |  

Last month, fellow of the Royal Society and brand communications manager of Crowdfunder UK, Jess Ratty, took to the stage of TedxBristol to share her insights on crowdfunding. The sold-out event was set to be one of the largest in the UK this year, with over 1,800 people… Read More

December 14, 2015 @ 1:56 pm By Samantha Hurst  |  

Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, today announced the world’s leading fintech innovators, publishing its Fintech 100 list. The Fintech 100 includes the leading 50 established fintech companies across the globe, and the most intriguing 50 ‘Emerging Stars’– exciting new… Read More

December 14, 2015 @ 12:24 pm By Samantha Hurst  |  

On Monday, RealtyMogul, the online marketplace for real estate investing,  announced  the completion of its first full cycle equity transaction with the purchase and sale of American Mini, a self-storage property in Tucson, Arizona. In just 18 months, investors earned an annual total return of 16.8… Read More

December 14, 2015 @ 12:20 pm By JD Alois  |  

Pavegen has partnered with Shell and Akon in its biggest project yet: Africa’s first people & solar powered football pitch (soccer field for the yanks). The field incorporated 96 energy tiles beneath the turf. The switch was flipped this past Friday representing another successful implementation of… Read More

December 14, 2015 @ 11:42 am By JD Alois  |  

Founded by Nest veterans, b8ta has opened its first physical location to retail Internet of Things (IoT) products. Located on Bryant Street in downtown Palo Alto, b8ta has recognized a unique challenge for new IoT devices: consumers want to a better experience in purchasing IoT… Read More

December 14, 2015 @ 10:52 am By Samantha Hurst  |  

Continuing its new 7-week How to Crowdfund series, crowdfunding platform Crowdfunder UK revealed the second step to using the funding method on Monday. The Crowdfunder UK team declared: “The most important part of the crowdfunding process, is that people need to understand your idea, why it means… Read More

December 14, 2015 @ 9:40 am By Samantha Hurst  |  

Last week, CEO of Singapore-based real estate crowdfunding platform CoAssets, Getty Goh, sat down with CNBC to discuss how the website’s growth. Goh revealed that the CoAssets offers projects in the regional markets and serves the funding gap of between $1 million to $5 million…. Read More

December 14, 2015 @ 9:26 am By Samantha Hurst  |  

Last week, Singapore-based real estate crowdfunding platform, CoAssets Pte Ltd, hosted its first EPIC (Expo for Property, Investing and Crowdfunding) event in Surabaya, Indonesia. The event was organized in conjunction with its Indonesian joint venture PT Java Land Promosia Indonesia. This was an expo over two days… Read More

December 14, 2015 @ 8:16 am By JD Alois  |  

UK based Xcordis has launched its Auto-Tax technology today to remove inefficiencies and reduce opportunities for graft and dodging. Their application is said to offer a full audit trail from collection to distribution and is designed to tackle a pressing problem in the developing world:… Read More

December 14, 2015 @ 7:00 am By JD Alois  |  

The OTC Markets Group has strengthened its market standards for companies listed on the OTCQX market. OTCQX is their best market for established US and international companies. Listing firms must now adhere to high-quality financial standards and must be sponsored by a third party advisor… Read More

December 12, 2015 @ 11:00 am By JD Alois  |  

Internet juggernaut Alibaba opened their wallet a tiny bit and purchased the assets of the South China Morning Post (SCMP) last week. The company stated it was a strategic move in recognition of providing insight into one of the world’s largest economies. One of the… Read More

December 12, 2015 @ 10:15 am By JD Alois  |  

UBS has recognized several Fintech firms as part of the UBS Future of Finance Challenge. Winners included Richmond based WealthForge an investment crowdfunding service provider. The competition was global with over 600 participants from 52 different countries. The initiative by UBS is designed to uncover… Read More

December 12, 2015 @ 9:38 am By JD Alois  |  

  The draft regulations surrounding the forthcoming Innovative Finance Individual Savings Account was published earlier this week by the UK government. The much-anticipated vehicle is expected to add fuel to the peer to peer lending industry as it will open up the asset class to… Read More

December 11, 2015 @ 3:53 pm By Samantha Hurst  |  

This week, a group of Clemson University fans launched a crowdfunding platform dedicated to collegian athletes called UBooster. According to the New York Times, UBooster is on a mission to help athletes achieve their dreams by soliciting payments for high school recruits from fans, and delivering the… Read More

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

This week, UK-based equity crowdfunding platform Crowdcube sat down with its #FundedClub member, HAB HOUSING, to discuss its growing business. HAB HOUSING, which was founded in 2007 by Kevin McCloud, launched a crowdfunding campaign two years ago and secured over £1.9 million thanks to 640… Read More

December 11, 2015 @ 11:16 am By Samantha Hurst  |  

On Thursday, the European Investment Fund (EIF) and iwoca have signed their first COSME agreement in the UK to help a greater number of SMEs gain access to finance. The initiative benefits from the support of the European Fund for Strategic Investments (EFSI) through which the… Read More

December 11, 2015 @ 9:10 am By Samantha Hurst  |  

On Friday, wearable startup, Atlas Wearables, announced the completion of shipping Indiegogo orders. In January 2014, the Atlas Wristband secured over $638,000 through the global crowdfunding platform. The Atlas Wristband enables athletes and trainers to focus their time and resources on maximizing their workouts by… Read More

December 11, 2015 @ 12:08 am By Midori Yoshimura  |  

In India, crowdfunding norms will soon be put into place to help entrepreneurs raise funds through crowdfunding, and discussions are underway to allow sale of mutual funds through e-commerce platforms, announced U. K. Sinha, chairman of India’s capital markets regulator, the Securities and Exchange Board of India (SEBI),… Read More