General News

November 6, 2015 @ 11:20 am By Samantha Hurst  |  

Earlier this week, KXTER, Inc. launched a new crowdfunded Silicon Valley venture fund that is designed to offer individual investors the opportunity to access multiple venture investment strategies and managers in a single closed-end fund. The Kxter Fund One LLC (the “Fund”), which already holds positions in several… Read More

November 6, 2015 @ 11:05 am By Erin Hobey  |  

Milan-based Assiteca Crowd, one of the first platforms equity crowdfunding authorized by Consob, launched “Assiteca Crowd Startup Showcase,” a contest offering startups and innovative SMEs the opportunity to finance itself on the platform also receiving assistance with accompanying free path.  The crowd will help determine the… Read More

November 6, 2015 @ 10:36 am By Erin Hobey  |  

Toronto has all the ingredients necessary to become a major fintech hub but is failing to compete with the likes of London and New York because it has not developed a proper ecosystem, according to the new report, “Current State of the Financial Technology Innovation… Read More

November 6, 2015 @ 10:28 am By Samantha Hurst  |  

Earlier this fall, crowdfunding platform Kickstarter announced it became a public benefit corporation (PBC). This type of corporation performs a specific function for the benefit of the public. Now CEO and co-founder of the famous website, Yancey Strickler is ready to share details about the business’ change and… Read More

November 6, 2015 @ 10:05 am By Erin Hobey  |  

Andy Murray remains committed to backing British entrepreneurs by making two more investments through the crowdfunding platform Seedrs, according to a release. The two-time Grand Slam winner, current world number two tennis star and Seedrs Advisory Board Member has invested an undisclosed sum in London-based Shavekit and… Read More

November 6, 2015 @ 10:04 am By Samantha Hurst  |  

Kickbooster, a network for crowdfunding campaigns, has recently launched its services that pays campaign backers so share their favorite funding projects. According to Tech Crunch, Kickbooster users can share links to interesting campaigns, and receive a 10 percent referral fee when someone clicks their link and… Read More

November 6, 2015 @ 8:12 am By Samantha Hurst  |  

Offering up an insight on Indiegogo’s equity crowdfunding future, CEO Slava Rubin published a post on Linkedin titled How Indiegogo and Title III Are eliminating Gatekeepers. Rubin shared: “Before we started Indiegogo in early 2008, a select group of elite gatekeepers were responsible for determining which… Read More

November 5, 2015 @ 12:18 pm By Samantha Hurst  |  

On Thursday, Indiegogo unveiled its latest infographic, Technology Crowdfunding Stats: 7 Insights from 29,000 Campaigns The global crowdfunding platform stated: “Though crowdfunding can be used to raise money for nearly any type of idea or project, one of the most popular uses is to fund the… Read More

November 5, 2015 @ 12:06 pm By Erin Hobey  |  

  Crowdfunder easily surpassed its 2014 Crowdcube raise this week, securing over £551K with the confidence of over 347 investors. Crowdcube, the UK’s leading investment crowdfunding platform, and Crowdfunder the UK’s #1 rewards and community shares crowdfunding platform have also recently formed a strategic partnership to… Read More

November 5, 2015 @ 11:42 am By Samantha Hurst  |  

On Thursday, equity crowdfunding platform Crowdcube announced that research firm Beauhurst has dubbed it top equity investor. The UK platform stated: “In their review of equity investment in the third quarter of 2015, Beauhurst, the provider of deep data on growing companies, have declared Crowdcube… Read More

November 5, 2015 @ 11:29 am By Erin Hobey  |  

“Major non-traditional financial services companies have been investing in fintech payments in China for the past year.” According to Accenture, fintech investments across Asia-Pacific experienced a boom in 2015 – from about $880 million in 2014 to nearly $3.5 billion in just the first nine months… Read More

November 5, 2015 @ 10:28 am By JD Alois  |  

VPC Specialty Lending Investments (LSE:VSL) is a portfolio company that intends to generate an attractive return for holders consisting of dividend income and capital growth via investments in a diverse portfolio of specialty lending opportunities across the marketplace / P2P lending sector. This includes credit… Read More

November 5, 2015 @ 9:04 am By Samantha Hurst  |  

Property crowdfunding platform, Property Partner, has set a new record for the fastest ever equity project by raising £843,100 in 10 minutes 43 seconds – £1,311 per second. This is believed to be the world’s fastest ever equity crowdfunding project to date. The previous record… Read More

November 5, 2015 @ 5:26 am By JD Alois  |  

In the wake of final rules of Title III of the JOBS Act, Dr. Richard Swart and Sam Guzik on the rules that allow retail equity crowdfunding. The presentations is organized by NextGen Crowdfunding and is part of a broader online series initiative entitled: “Crowdfunding… Read More

November 4, 2015 @ 4:05 pm By Samantha Hurst  |  

On Wednesday, crowdfunding leader Kickstarter announced that it hit a huge milestone last month. The platform shared: “On October 11th, the Kickstarter community pledged its two billionth dollar towards bringing creativity to life. Six and a half years into Kickstarter’s history, this new way of making… Read More

November 4, 2015 @ 2:36 pm By Samantha Hurst  |  

This week, Give To Cure announced the launch of its nonprofit platform that accelerates drug development through “cure-funding,” or funding promising clinical trials directly and transparently by harnessing the power of the crowd. Lou Reese, co-founder of Give To Cure, stated: “We’ve created a science-driven community that… Read More

November 4, 2015 @ 2:13 pm By Samantha Hurst  |  

Burlington Stores, a national off-price retailer, teamed up with DonorsChoose this back-to-school season and raised $515,382 to help classrooms in need nationwide through customer donations at check out. Monies raised will now be used to fund more than 850 teacher posted projects throughout the country, benefiting… Read More

November 4, 2015 @ 10:17 am By Samantha Hurst  |  

Last month ENDVEST, a global real estate crowdfunding platform, launched its highly anticipated and improved platform ENDVEST 2.0. According to CTO of ENDVEST, David Boyajian, the new website was “built with the investor experience in mind every step of the way.” He claimed that the… Read More

November 4, 2015 @ 9:48 am By Samantha Hurst  |  

Atlanta-based FinTech direct loan provider, LendingPoint, announced on Wednesday the signing an additional credit facility for $5 million of incremental financing with Aeterna Capital Partners. This news comes on the heels of the recent funding capacity up to $100 million with funds managed by Ares… Read More

November 4, 2015 @ 9:34 am By JD Alois  |  

Is the Pebble Watch feeling the Apple smartwatch pain?  Not so, explains Pebble Watch founder Eric Migicovsky. In a brief interview with CNBC, Migicovsky explains that Apple has brought a “ton of attention” to the wearable tech sector. He states Pebble has experienced “no material… Read More