General News

November 20, 2015 @ 4:49 pm By JD Alois  |  

Victory Park Capital (VPC) and KKR have announced a $175 million asset-backed securitization of unsecured consumer loans originated via Avant, a direct lending platform. The securitization was priced on Nov. 13. The transaction pairing KKR and VPC is a first. According to company representatives, the… Read More

November 20, 2015 @ 3:43 pm By Samantha Hurst  |  

BrightLocker, an Austin, Texas-based crowd-publishing platform that was created by a group of video game industry veterans, has recently unveiled its Beta website that is dedicated to help backers participate in the funding, creation, selection and development of games. Ruben Cortez, CEO of BrightLocker, Inc., stated: “In… Read More

November 20, 2015 @ 3:28 pm By Samantha Hurst  |  

TWINO, a Latvian marketplace lender, announced this week that exactly one month since its launch, €c1 million was invested in the loans from Poland, Denmark and Georgia. The platform revealed that the total investment volume reached €2.4 million, with the monthly run rate surpassing €1 million… Read More

November 20, 2015 @ 12:46 pm By JD Alois  |  

Equity crowdfunding and its success will eventually be measured based off the returns generate for the investors. In the US ,equity crowdfunding is still in its infancy with only accredited crowdfunding having gained some minor traction. In the UK, which boasts a more enlightened regulatory… Read More

November 20, 2015 @ 11:35 am By Samantha Hurst  |  

With Thanksgiving less than one week away, Indiegogo shared details about a few campaigns that are showing the real reason for the holiday. The crowdfunding platform announced: “Thanksgiving is a national holiday filled with tradition, joy, food and gratitude. Every year, family members and loved… Read More

November 20, 2015 @ 10:17 am By Samantha Hurst  |  

This week, crowdfunding platform Indiegogo announced that high-profile retailer Target has decided to showcase some of its projects at its San Francisco Open House store. According to Engadget, select devices from Indiegogo are set to show up in the retailer’s connected-home experiment. Indiegogo COO, David Mandelbrot, stated: “We… Read More

November 20, 2015 @ 8:47 am By Samantha Hurst  |  

Earlier this month, small business marketplace lender, StreetShares, announced the appointment of Troy A. Paredes to its Board of Advisors. From 2008 until 2013, Paredes served as a Commissioner of the U.S. Securities and Exchange Commission (SEC), having been appointed by President George W. Bush. At… Read More

November 19, 2015 @ 4:33 pm By Samantha Hurst  |  

On Wednesday, social media giant Facebook unveiled its new feature, Fundraisers, that provides fundraising tools for nonprofits. Facebook’s VP of Product Management, Naomi Gleit, shared: “With more than 150 million people around the world connected to a cause, Facebook is a global community of volunteers, donors… Read More

November 19, 2015 @ 3:18 pm By Samantha Hurst  |  

This has been such a big month for Crowdcube! Along with announcing its new partnership with Amazon Launchpad, the UK-based equity crowdfunding platform revealed that last week it bagged not one, not two, but three awards within a 24-hour period. While explaining details about the first… Read More

November 19, 2015 @ 3:01 pm By Samantha Hurst  |  

This week, UK’s equity crowdfunding platform, Crowdcube announced it has formed a new partnership with Amazon Launchpad, which is set to features items from British startups that are ideal for consumers looking for “cutting-edge products for the holidays and beyond.” Crowdcube noted in its Blog:… Read More

November 19, 2015 @ 2:01 pm By Samantha Hurst  |  

Lotsa Helping Hands, a provider of online volunteer and caregiving coordination for families in need, has teamed up with crowdfunding platform, YouCaring, to introduce “compassionate crowdfunding,” which empowers people to help others overcome hardships and enjoy happier, healthier lives. The Chicago-based care coordination app company… Read More

November 19, 2015 @ 1:58 pm By Erin Hobey  |  

Jon Medved, the prominent globetrotting entrepreneur and charismatic founder of OurCrowd, caught up with ABC’s Business Correspondent Ticky Fullerton as part of a segment on new reforms on crowdfunding for small businesses and startups in Australia. Complimenting PM Malcom Turnbull’s deep understanding of tech and innovation… Read More

November 19, 2015 @ 1:19 pm By Erin Hobey  |  

Crowdfunder.co.uk, the UK’s #1 rewards and community shares crowdfunding platform, is closing its £1,000,000 fundraise on Crowdcube, the UK’s leading investment crowdfunding platform.  To date, the dynamic partnership has secured over £919,039 from over 623 investors. Last week, further excitement was added to the successful Crowdfunder.co.uk/Crowdcube campaign, when the Managing Director of the Reward-based… Read More

November 19, 2015 @ 12:34 pm By Samantha Hurst  |  

KoreConX, the recently launched a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Thursday new partners that add additional value and resources for their users. These additions greatly expand the scope and usefulness… Read More

November 19, 2015 @ 11:23 am By JD Alois  |  

It seems so easy doesn’t it? Getting an influx of capital is easy if you can just get small pledges from a lot of people. In that way, it’s possible to spread the burden, gain a wide platform for your message, eliminate the need to… Read More

November 19, 2015 @ 11:20 am By Samantha Hurst  |  

On Thursday, Singapore-based real estate crowdfunding platform CoAssets , which was recently listed on the National Stock Exchange of Australia to form CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), is pleased to announce  it has established its second strategic joint venture as part… Read More

November 19, 2015 @ 11:01 am By Samantha Hurst  |  

Lending.com, a Lending-as-a-Service platform, announced this week the appointment of Liz Verrier as chief legal officer. Founder and CEO of Lending.com, Jason Hogg, stated: “I am very pleased to welcome Liz to the Lending.com team. Liz has an extensive track record and brings a wealth of… Read More

November 19, 2015 @ 10:44 am By Samantha Hurst  |  

Intuit Inc. (Nasdaq: INTU) announced on Thursday that it has formed a partnership with Kiva’s loan lender, Kiva Zip, to help underserved small businesses to obtain loans through the QuickBooks Financing Platform. Intuit stated as part of the initiative, the Intuit Financial Freedom Foundation (IFFF) has established… Read More

November 19, 2015 @ 9:02 am By Erin Hobey  |  

Grouplend, Canada’s leading online lending platform, announced today that it has rebranding itself as Grow Financial. Since launching in 2014, the company’s model has evolved from marketplace lending to a fintech platform, using cutting-edge software and advanced data analytics to create revolutionary financial services that extend far… Read More

November 19, 2015 @ 8:12 am By Erin Hobey  |  

“Gartner reports that 2014 continued to see IT-centric platforms routinely being complemented, or replaced, with solutions with business-user-driven data discovery and interactive analysis techniques. We believe Panorama is well positioned to address this quickly growing market in general, and the fundamental market shift in particular.”… Read More