General News

December 9, 2015 @ 1:03 pm By Erin Hobey  |  

CAN Capital, a market share leader in alternative small business finance, has named Ritesh Gupta to the newly created position of Chief Customer Operations Officer. Gupta will drive cross-company focus on the customer experience by leading sales and operations for the company’s small business customers. “We’re thrilled… Read More

December 9, 2015 @ 12:35 pm By Erin Hobey  |  

More than 1085 supporters from Muslim organizations have raised over $122,220 toward their $140,000 goal by crowdfunding for the victims of last Wednesday’s mass shooting in San Bernardino, reported the International Business Times.  Initiated on 3 December, the “Muslims United For San Bernardino Families” campaign was launched LaunchGood.com by a network of… Read More

December 9, 2015 @ 12:14 pm By Samantha Hurst  |  

On Wednesday, marketplace lending platform BorrowersFirst announced the appointment of Lending Club’s former SVP, Zhi Zhou, as Chief Risk Officer and Head of Enterprise Analytics. Dave Tomlinson, BorrowersFirst’s CEO, stated: “Zhi is an accomplished and well respected leader who has been at the forefront of the marketplace… Read More

December 9, 2015 @ 11:48 am By Erin Hobey  |  

National Funding, a private lenders of small business loans, announced that it signed a $75M lending facility with CapitalSource, a division of Pacific Western Bank.  The platform also forecasted a record-breaking 2015 in revenue, funding, employee count and office growth. The company also “This past year has been a robust… Read More

December 9, 2015 @ 10:13 am By Samantha Hurst  |  

Backed, a new marketplace lending platform that seeks to lower borrowing costs for young adults by mitigating traditional co-signing risks, announced on Wednesday that it has raised $1.5 million in seed funding from angel investors, iAngels, and Cyhawk Ventures. Co-CEO and founder of Backed, George… Read More

December 9, 2015 @ 10:02 am By Samantha Hurst  |  

GoEuro.com, a European platform for planning and booking all rail, bus and air transportation, has announced the completion of its Series B funding round, which secured a total of $45 million. The round was led by Goldman Sachs, along with new investors including Atomico, Yuri… Read More

December 9, 2015 @ 9:00 am By Samantha Hurst  |  

Following its $10 million Series A financing in September, Credible (credible.com), the multi-lender marketplace, today announced its expansion into personal loans. Credible’s marketplace for personal loans will include several of the leading online lending companies including Prosper, Lending Club, Avant, Upstart and Pave. Stephen Dash,… Read More

December 8, 2015 @ 4:30 pm By Samantha Hurst  |  

With the holiday season already in full swing, Crowdcube unveils its 2015 holiday gift guide. The UK-based equity crowdfunding platform shared: “We’ve a whole host of fantastic present ideas for you this year, compiled entirely from companies that have funded on Crowdcube during 2015. This… Read More

December 8, 2015 @ 2:36 pm By Samantha Hurst  |  

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

December 8, 2015 @ 1:01 pm By Samantha Hurst  |  

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

December 8, 2015 @ 1:00 pm By Erin Hobey  |  

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

December 8, 2015 @ 12:35 pm By Erin Hobey  |  

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

December 8, 2015 @ 11:52 am By Erin Hobey  |  

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

December 8, 2015 @ 11:34 am By Samantha Hurst  |  

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

December 8, 2015 @ 11:12 am By Erin Hobey  |  

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

December 8, 2015 @ 10:59 am By Samantha Hurst  |  

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

December 8, 2015 @ 10:25 am By Samantha Hurst  |  

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

December 8, 2015 @ 9:11 am By Samantha Hurst  |  

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

December 8, 2015 @ 7:00 am By Samuel Guzik  |  

  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

December 8, 2015 @ 12:15 am By Midori Yoshimura  |  

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