General News

November 24, 2015 @ 4:22 pm By Samantha Hurst  |  

On Tuesday, CrowdRise launched its second annual Giving Tower campaign and also debuted its interactive virtual reality (VR) experience app to help donors and charities to visualize social impact on #GivingTuesday. The Giving Tower campaign and free app offer charities and their supporters VR technology at no cost to bring to life… Read More

November 24, 2015 @ 3:15 pm By Samantha Hurst  |  

Last week, Crowdpac launched its crowdfunding platform that is specifically for U.S. politics. Co-founder and CEO of Crowdpac Steve Hilton, revealed to the Washington Post that the idea is to take the risk out of that first step of running for office by testing the waters with… Read More

November 24, 2015 @ 2:23 pm By Samantha Hurst  |  

This week, Crowdcube announced that more than 100,000 investors have joined its well-known equity crowdfunding platform this year. The website shared: “Just a few months ago (September to be precise) we announced that £100m had been successfully invested into businesses through Crowdcube since we launched… Read More

November 24, 2015 @ 12:49 pm By Samantha Hurst  |  

Peak Ventures announced on Tuesday an investment in Salt Lake City-based peer-to-peer real estate marketplace, Homie. Homie offers a platform that allows buyers, builders, and sellers of homes to meet, negotiate, and transact without a middleman or high commission fees. When buyers and sellers use Homie, they save tens… Read More

November 24, 2015 @ 12:23 pm By Samantha Hurst  |  

The Brains Worldwide Foundation NPF announced this week that it is joining the global initiative, #GivingTuesday to help prevent undetected concussions for children. On #GivingTuesday, which will be held on December 1st, the foundation will launch a campaign through crowdfunding platform Indiegogo to help raise… Read More

November 24, 2015 @ 11:55 am By Samantha Hurst  |  

AlliedCrowds, has published a new Crowdfunding for Entrepreneurship report as part of Global Entrepreneurship Week.  The data analysis company stated: “Crowdfunding is no longer just a niche form of financing for creative projects. In 2015, transactions across donations, lending, reward, and equity crowdfunding is expected to cross $34… Read More

November 24, 2015 @ 10:39 am By Samantha Hurst  |  

On Tuesday, small business lending platforms Dealstruck and Lendio, announced the release of their joint eBook, “Small Business Lending in the Digital Age,” which focuses on strengths, weaknesses, and projections regarding the online small business lending industry. Ethan Senturia, CEO of Dealstruck, stated: “Small businesses are the backbone of… Read More

November 24, 2015 @ 9:54 am By Samantha Hurst  |  

Ready to kick off this year’s holiday season, nonprofit provider of services for individuals with autism, developmental disabilities, physical disabilities and other special needs, Easter Seals, announced on Tuesday it is participating in #GivingTuesday. Easter Seals is partnering with CrowdRise for its second annual Giving Tuesday campaign on… Read More

November 24, 2015 @ 7:40 am By JD Alois  |  

Pensco Trust Company has always been at the forefront of embracing alternative asset classes for its customers. In a low-interest rate environment the hunt for yield is intense and new asset classes have been able to deliver better returns.  Pensco believes that Title III of… Read More

November 23, 2015 @ 5:41 pm By JD Alois  |  

KoreConX has announced speakers for its Canadian 102 Cross Canada Tour.  Sessions will take place in Toronto, Vancouver, Calgary, Montreal and Halifax. The first event, in Toronto, took place today. The meetings will focus on the laws and regulations that apply in Canada and how… Read More

November 23, 2015 @ 4:34 pm By Samantha Hurst  |  

Just a few days after the closing of BLOCKS’ Kickstarter campaign, the business advisor of the company, Phillip Jarman sat with his alum mater, Imperial College London, to discuss the startup’s creation and success. BLOCKS, which was co-founded by Serge Didenko and Alireza Tahmaseb, created the… Read More

November 23, 2015 @ 2:40 pm By Samantha Hurst  |  

Fundera, an online marketplace for small business loans, announced on Monday the release of its new report on the State of Online Small Business Lending. The platform believes that this new document shows its dedication to transparency in the alternative lending sector. The report was… Read More

November 23, 2015 @ 1:32 pm By Samantha Hurst  |  

Tax preparation and filing solution company TaxAct announced on Monday that it has formed a partnership with marketplace lending platform Biz2Credit and business management platform Webiquity. President of TaxAct, JoAnn Kintzel, stated: “We’re excited to add Biz2Credit and Webiquity as partners in supporting our customers who… Read More

November 23, 2015 @ 12:55 pm By Samantha Hurst  |  

Last year, Mass Fidelity Inc.’s Indiegogo crowdfunding campaign for the Core Wireless Speaker System and Core Wireless Sub become the top crowdfunded Canadian company. Now, the company is ready to share details about its success with the funding method.   Noting what inspired the Core project, the company stated: “The Core is the… Read More

November 23, 2015 @ 11:25 am By Samantha Hurst  |  

  Earlier this year, 90’s hip hop group, De La Soul, launched a crowdfunding campaign on Kickstarter to raise funds for its new and highly anticipated album. Now nearly seven months after achieving over $600,000 through the funding initiative, the band has announced the record’s released… Read More

November 23, 2015 @ 11:16 am By Samantha Hurst  |  

On Monday, online marketplace for real estate investing, RealtyMogul,  announced a full capital stack transaction combining debt and equity with the successful purchase of a 112-unit apartment community, Bristol Park Apartments, in Fayetteville, NC. Bristol Park Apartments, located six miles southwest of the US Army Base… Read More

November 23, 2015 @ 10:25 am By Samantha Hurst  |  

Last week, LQD Business Finance, a Chicago-based small business lending firm, announced it closed a $30 million credit facility with Route 66 Ventures. The credit facility will help LQD accelerate growth and expand lending operations nationally. The company was launched in 2013 to offer structured small… Read More

November 23, 2015 @ 9:56 am By JD Alois  |  

Cowen and Company, a publicly traded (NASDAQ:COWN) diversified financial services firm, is looking at the potential benefits of leveraging Regulation A+.  Title IV of the JOBS Act allowed the SEC to update old Reg A thus creating a securities exemption that has actually experienced some… Read More

November 23, 2015 @ 9:52 am By Samantha Hurst  |  

On Monday, retailer Brookstone announced the arrival of the Indiegogo success, Bluesmart carry-on smart, connected suitcase. Originally started as an Indiegogo crowdfunding campaign, Bluesmart uses a combination of Bluetooth, GPS, and innovative technologies not found in other suitcases to do things other suitcases simply can’t…. Read More

November 21, 2015 @ 6:09 pm By JD Alois  |  

The FDIC has published an advisory on Effective Risk Management Practices for Purchased Loans and Purchased Loan Participations.  The document states that banks should use caution when purchasing loans or participating in shared credit facilities.  Noting that some institutions have experienced some success to achieve growth… Read More