General News

December 3, 2015 @ 2:58 pm By Samantha Hurst  |  

Just one day after announcing plans to open its next investment opportunity, Fundrise debuted what’s dubbed as the world’s first eREIT. The crowdfunding platform shared: “Commercial real estate has historically been one of the best performing investment assets. Investors whose portfolios have up to 20% allocated to… Read More

December 3, 2015 @ 2:31 pm By Samantha Hurst  |  

This week, impact-focused equity crowdfunding platform, Malaik, launched in Africa. The new website gives investors access to the continent’s opportunities, and mediates its risks with a four step due diligence process. This combination is a fresh application of technology that can unlock massive potential in the… Read More

December 3, 2015 @ 1:30 pm By Samantha Hurst  |  

On Thursday, Streetwise Media’s digital city news property, Chicago Inno, announced the winners of this year’s 50 on Fire Awards. While sharing details about the Fire Awards, Streetwise Media President, Leslie Garbarino, stated:  “Chicago’s innovation economy continues to grow every year in large part due to… Read More

December 3, 2015 @ 12:19 pm By Samantha Hurst  |  

Wiivv Wearables Inc.,  a bionics company that creates custom, 3D printed gear, announced this week the closing of $3.5M in seed round funding. Wiivv has developed a scalable, enterprise level Adaptive Manufacturing System that features the world’s fastest product customization engine designed to produce custom… Read More

December 3, 2015 @ 11:26 am By Samantha Hurst  |  

On Thursday, Finnish investment and asset management company, Trevian, announced that it is teaming up with H.I.G. as the company acquires a retail portfolio in Norway. This portfolio consists of 16 predominantly grocery store anchor retail assets. Trevian will act as a local asset management… Read More

December 3, 2015 @ 11:24 am By Erin Hobey  |  

Prime Meridian Capital Management, a specialist in marketplace lending funds, announced the merger with Poise Lending, LLC, cofounded by veteran tech entrepreneur, Val Katayev and P2P lending portfolio manager Don Davis. The merger unifies the entities and adds a third fund – Poise Lending Fund… Read More

December 3, 2015 @ 11:13 am By Samantha Hurst  |  

On #GivingTuesday, Classy, a fundraising and community mobilization platform, announced on Wednesday that it facilitated $3.4 million in online donations and also released the 2015 Classy 100, its annual showcase of top performing organizations on the Classy platform and the groundbreaking work they have achieved throughout the… Read More

December 3, 2015 @ 10:56 am By Erin Hobey  |  

Newly LSE-listed Funding Circle shared positive findings today, citing its marketplace as the 3rd largest source of finance to UK small businesses in Q3.  James Meekings, co-founder and UK Managing Director of Funding Circle, commented on Bank of England’s newly released Funding for Lending data… Read More

December 3, 2015 @ 10:25 am By Erin Hobey  |  

Tandem has been granted authorization from the Bank of England and will be regulated by Financial Conduct Authority and the Prudential Regulation Authority, blogged co-founder Ricky Knox. Tandem aims to be the most helpful, not the most painful, bank for its customers. “This is very… Read More

December 3, 2015 @ 10:09 am By Samantha Hurst  |  

Mambu, the SaaS banking platform provider, announced on Thursday that RenMoney, a Nigeria-based consumer finance company, has selected the company as its core banking solution.  Following a rapid evaluation process, RenMoney looked to Mambu for its speed of implementation, cost-effectiveness and the flexibility of its… Read More

December 3, 2015 @ 10:01 am By Samantha Hurst  |  

The Zacks Group announced this week the launch of ZacksInvest.com, an equity crowdfunding platform that provides investors with access to select privately held, early and mid-stage companies seeking growth capital. This new website launches just a couple of months after the SEC approve of Title… Read More

December 3, 2015 @ 7:21 am By Erin Hobey  |  

After much anticipation from key crowdfunding leaders, including Jon Medved, today marked the landmark occasion for small businesses throughout Australia, according to Crowd Funding Institute of Australia. With support from a burgeoning crowdfunding industry, the first steps have been taken to introduce legislative changes that tackle… Read More

December 3, 2015 @ 1:46 am By Midori Yoshimura  |  

Crowd2Fund has developed one of the first crowdfunding coins, “Smart Money,” exclusively for members of the Crowd2Fund Investor Club, according to the company’s press release. It entitles members to receive a coin about the size of a £2 piece which has an RFID (radio frequency identifier) chip… Read More

December 2, 2015 @ 4:15 pm By Samantha Hurst  |  

On Tuesday, the CrowdRise Giving Tower for #GivingTuesday raised $3.8 million for over 1,000 charities. The virtual reality Giving Tower, which kicks off the crowdfunding platform’s annual charity Holiday Challenge, grew brick by brick throughout the course of the day, powered by donations, to 4,369… Read More

December 2, 2015 @ 2:50 pm By Samantha Hurst  |  

Crowd Valley Inc, creator of the digital back office to power online investing and lending marketplaces and thecitysecret, developers with experience providing innovative solutions to top tier financial institutions, announced this week that they have started to work together in the Certified Partner Program to bring institutional… Read More

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

On Wednesday, Indiegogo co-founder and CEO Slava Rubin took to Product Hunt to chat with fans of the crowdfunding platform. Rubin shared: “My job is awesome because I get to empower people from all over the world to make the ideas they care about a… Read More

December 2, 2015 @ 2:12 pm By Samantha Hurst  |  

On Wednesday, Fundimmo announced its new real estate crowdfunding platform that is exclusively reserved for the French property investment. This new site is regulated by the Financial Markets Authority (AMF) and is registered as Investment Advisor Participatory (CIP) with ORIAS. Fundimmo allows individuals to invest from 500… Read More

December 2, 2015 @ 1:49 pm By Erin Hobey  |  

Japanese e-commerce giant Rakuten (TOKYO:4755) officially initiated a new $100 million fintech investment fund, according to a release.  The Rakuten FinTech Fund, a new US$100 million global investment fund focuses on investments in disruptive early to mid-stage fintech startups aims to offer attractive return potential with strategic relevance…. Read More

December 2, 2015 @ 12:48 pm By Erin Hobey  |  

KeyBank announced a non-equity partnership with Aptexx, a California-based provider of payment and property management software, reported Crain‘s Jeremy Noble. The collaboration continues the Cleveland-based bank’s foray into fintech, initiated by September’s strategic partnership and minority investment in AvidXchange and another partnership with InstaMed.  With much debate in the fintech industry… Read More

December 2, 2015 @ 12:17 pm By Erin Hobey  |  

Percolating since summer, when the Malta Business Bureau and the University of Malta signed a agreement to develop a crowdfunding platform to finance local business ideas and projects, the venture announced the launch of its first crowdfunding platform, ZAAR. Spearheaded by the Foundation for the Promotion of Entrepreneurial Initiatives, a joint venture… Read More