General News

Brief: Parthenon Capital Partners Completes Acquisition of Millennium Trust

On Tuesday, private equity firm, Parthenon Capital Partners, announced the completion of its previously announced acquisition of Millennium Trust, a provider of technology-enabled asset custody solutions for institutions, advisors, and individuals.  Headquartered in Oak Brook, IL, Millennium Trust was established in 2000 to meet the… Read More

Brief: Healthcare Crowdfunding Platform Medstartr Announces Winners of the Momentum 2015 Conference

On Tuesday, crowdfunding platform focused on Healthcare Innovation, MedStartr, announced the winners of the MedStartr Momentum 2015 Conference. More than 200 attended the conference held at NYC’s Microsoft Technology Center generating 12 million impressions on Twitter with hashtag #MedMo15. Speakers at the first full-day conference included:… Read More

Quote 2 Fund Adds Signature to Small Business Borrower’s Bill of Rights, Committed to Guidelines

Quote 2 Fund announced that it has become a signatory to the Small Business Borrower’s Bill of Rights, a public commitment to ensure small business owners have access to funding that is both transparent and fair. By signing, Quote 2 Fund joins a coalition of industry… Read More

Australian Fintech Brief: First State Super Partners with H2 Ventures

First State Super will invest tens of millions of dollars into fintech start-ups over the coming years, in partnership with H2 Ventures, a specialist fintech VC fund, according to the Sydney Morning Herald‘s James Eyers.  The launch of the First State Super-H2 partnership was attended by Prime… Read More

Making Lemonade with Aleph, Sequoia Capital and Tech Entrepreneurs Daniel Schreiber, Shai Wininger: P2P Insurance

Lemonade Inc., experts to serve the world’s first peer-to-peer (P2P) insurance company,  just stepped out of “stealth mode” and into the limelight, to launch as the first P2P insurance company in the world.  The NYC-headquarted startup has secured $13 million funding in a round led by Aleph and Sequoia Capital…. Read More

Seedrs Posts Snapshots of Crowdfunding’s Twitter Popularity

Showing exactly how popular crowdfunding has become, Seedrs post some snapshots of people reacting to the funding method on social media website, Twitter. The Seedrs team shared: “Crowdfunding is growing quickly, and it may never have been possible without the widespread adoption of social media… Read More

Companisto Exceeds €25M, Milestone Exemplifies Growing Crowdfunding Sector

Companisto, the German market leader in equity crowdfunding, has now become the first equity crowdfunding platform in Germany, Austria, and Switzerland to raise a total of over €25 million. Globally, equity crowdfunding is growing rapidly. This type of financing, based on private individuals’ teaming up and investing… Read More

Brief: Beauhurst Names Crowdcube Most Prolific Investor

On Tuesday, UK equity crowdfunding platform, Crowdcube, announced that it was named most prolific investor by research firm, Beauhurst. The website stated: “According to Beauhurst’s recent report into the growth the e-commerce sector, Crowdcube have made the most investments, by deal numbers, into this sector during 2015…. Read More

Indiegogo Success “Oomi” Creator Fanthem Named CES 2016 Innovation Award Honoree

Fantem Technologies announces that it is a CES 2016 Innovation Award Honoree for Oomi, its smart home ecosystem. The Oomi, which debuted on Indiegogo earlier this year, is a complete smart home system that offers a wireless home security system, manages comfort and ambiance, and… Read More

FinTech Startup Income& Secures $2.9 Million; Announces Peer-to-Peer Marketplace PRIMO

Income&, a marketplace investing platform based in San Francisco, announced on Tuesday that it has secured $2.9 million in combined seed funding and capital committed to support company operations. The company is the creator of PRIMO, a low-risk, superior-yielding fixed income product backed by high-quality,… Read More

Small Business in Washington, DC: Could Santa be Coming to Town this Year?

  December 2, 2015, seemed no different than any other day in Washington, D.C. With a light rain falling, it was a rather dismal day for sightseeing in our Nation’s Capitol – yet the sun seemed to be shining for our small and emerging businesses… Read More

Kauffman Foundation Report: Small Businesses In US On The Rise, Reversing Six-Year Downward Trend

Reversing a six-year downward trend, activity in established small businesses increased last year, according to a press release for the 2015 Kauffman Index: Main Street Entrepreneurship, a new report that tracks small business activity and ownership in the United States. Though the number of established small… Read More

Brief: Big Society Capital Requests Proposals For Crowd Match Fund

Big Society Capital today released a Request for Proposals from crowdfunding and alternative finance platforms for the Crowd Match Fund, according to the company’s press release. The £5 million fund will match crowdfunded investments made by individuals into social investment tax relief (SITR)-eligible charities and… Read More

iPayment Forms Partnership With CAN Capital to Help Small Businesses to Access Working Capital

CAN Capital, Inc., a market share leader in alternative small business finance, and iPayment, Inc., a provider of payment solutions and processing services, announced on Monday a partnership to provide over 150,000 small businesses currently working with iPayment the ability to apply for access to flexible… Read More

University of Pennsylvania Conducts Independent Analysis that Examines Kickstarter Project Fulfillment

On Monday, Kickstarter unveiled a new independent analysis that examined its project fulfillment. This report was conducted by the University of Pennsylvania’s professor, Ethan Mollick. The description of the analysis reads: “Kickstarter is a new model for bringing creative projects to life. Compared with other… Read More

YouCaring Announces Give Back Campaign; Offers Up $10,000 to Fundraising Community Every Tuesday in December

Seeking to make #GivingTuesday more than just a one-day event, crowdfunding platform YouCaring announced a new initiative called the Give Back Campaign.  Every Tuesday throughout the month of December, the website will be offering a total of $10,000 to its fundraiser community.  The campaign’s description reads:… Read More

Equities Reports: 7 Reasons Why Private Equity Loans will Overtake Debt Crowdfunding for Realty in 2016

With the new year just around the corner, online financial publication and social community for investors, Equities, revealed its predictions for what’s in store for the debt crowdfunding in 2016. The website shared in a post titled 7 Reasons Why Private Equity Loans Will Overtake Debt… Read More

Crowdfunder UK Reveals the First Step to Crowdfunding: Building a Team

Kicking off its new How to Crowdfund series, crowdfunding platform Crowdfunder UK revealed the first step to using the funding method. The Crowdfunder UK team stated: “Most of the actual exposure and building of a movement around the project should happen outside the crowdfunding platform before the… Read More

Omnibus Highway Bill “FAST Act” Slips in Changes to the JOBS Act of 2012

The so-called FAST Act or “Fixing America’s Surface Transportation Act” was shuffled off to be signed by President Obama after the Senate approved the massive bill.  It was a piece of legislation that saw the likes of Senators Ted Cruz, Rand Paul and Marco Rubio, join… Read More

SEC Charges Two Bitcoin Mining Companies for Ponzi Scheme

The SEC filed charges against two Bitcoin mining operations last week accusing the founder of launching a Ponzi scheme to defraud investors lured in by get rich quick claims. Homero Joshua Garza operated two Bitcoin companies, GAW Miners and ZenMiner.  The Connecticut-based scam paid early… Read More

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