General News

November 4, 2015 @ 9:25 am By Samantha Hurst  |  

Tile, the tiny Bluetooth tracker and companion app that keep people connected to the things that matter to them most, today announced in-store availability at major retailers Best Buy, Target, and Kenneth Cole. Tile will also be available at Lowe’s starting in mid-November. Tile kicked… Read More

November 4, 2015 @ 8:45 am By JD Alois  |  

KoreConX has launched a new service just as new equity crowdfunding rules, under Title III of the JOBS Act, were revealed last week by the SEC. The KoreConX product is offering a “free, all-in-one solution to help companies navigate the process of raising equity capital”…. Read More

November 4, 2015 @ 7:23 am By JD Alois  |  

The Financial Conduct Authority (FCA) has admonished another PayDay lending platform for shoddy service.  The FCA has compelled CashEuroNet UK LLC to provide redress to 3,940 customers regarding poor lending practices.  Approximately £1.7 million will be returned to borrowers using the platform that traded under… Read More

November 3, 2015 @ 3:21 pm By Samantha Hurst  |  

On Tuesday, London Stock Exchange Group (LSEG)  announced that over 40 companies joined its support program for inspiring growth businesses, ELITE. Among the program’s new businesses was equity crowdfunding platform, Crowdcube. The ELITE program offers businesses services to help them grow, this includes education, training and… Read More

November 3, 2015 @ 10:34 am By Erin Hobey  |  

The Centre for Alternative Finance at University of Cambridge Judge Business School and the Polsky Center for Entrepreneurship and Innovation team at Chicago Booth School of Business have joined forces to initiate the  2015 Americas Alternative Finance Benchmarking Survey.  This landmark survey is the first comprehensive and empirical assessment of crowdfunding, peer-to-peer lending (marketplace lending)… Read More

November 3, 2015 @ 10:04 am By Samantha Hurst  |  

Seeking to help crowdfunding first-timers with their projects, Indiegogo released its “7 Free Hacks for Any Crowdfunding Campaign” list. The global crowdfunding platform shared: “Developing a strategy for your crowdfunding campaign involves a lot of different pieces, including (but not limited to) social media, PR,… Read More

November 3, 2015 @ 9:07 am By JD Alois  |  

Singapore-based Call Levels, a real-time financial monitoring and alert service that seeks to help traders monitor financial assets price movements easily on mobile, has announced that it has closed a pre-series A led by 500 Startups. The startup also raised capital from a consortium of… Read More

November 3, 2015 @ 8:40 am By Samantha Hurst  |  

Kickstarter alum, Lumo Bodytech announced on Tuesday that is has raised $10 million in Series B funding to launch its biomechanics platform. The Lumo Bodytech Biomechanics Wearables platform is a combination of hardware, software, and data that will enable companies to integrate human body movements into the… Read More

November 3, 2015 @ 8:13 am By JD Alois  |  

The Future of Banking is Online. Tech Titans Want to Lead the Way as Financial Innovation Now Coalition Announced. All financial services are being turned upside down as the relevance of brick and mortar locations and surly customer service representatives is diminishing.  Big tech, including… Read More

November 2, 2015 @ 11:37 pm By Midori Yoshimura  |  

On the rapidly expanding ground of the £1.4bn crowdfunding industry, there’s a growing split between companies with a venture capital or private equity background who hold that a £1,000 minimum investment in crowdfunding ventures would protect inexperienced investors, and those who believe that such a minimum investment would go… Read More

November 2, 2015 @ 2:11 pm By Samantha Hurst  |  

MichiganFunders, the state’s homegrown equity crowdfunding platform that welcomes both accredited and non-accredited investors, announced Detroit City Football Club as the first offering hosted on its platform since launching a redesigned portal in August. The platform was design to address the ever-changing landscape of intrastate… Read More

November 2, 2015 @ 1:22 pm By Samantha Hurst  |  

Following the review of more than 500 entries from game designers nationwide, Hasbro, Inc. (NASDAQ: HAS) announced the top five finalists in its search for the next big face-to-face party game. The challenge, which launched late-August with crowdfunding platform Indiegogo, was narrowed down to five… Read More

November 2, 2015 @ 12:11 pm By Samantha Hurst  |  

While most CEO have a corner office with a beautiful view of the grounds of their companies, Indiegogo’s Slava Rubin admits having that kind of workplace is just not for him. During a recent interview with Forbes, Rubin stated he finds comfort of not being the… Read More

November 2, 2015 @ 11:10 am By Samantha Hurst  |  

Last week, Lending Club (LC:NYSE) announced that it has surpassed $13 billion from borrowers since its launch in 2006. Lending Club is the “world’s largest online marketplace.” The platform connects borrowers with investors in a streamlined, low friction process that have seen growing acceptance by consumers. The company… Read More

November 2, 2015 @ 8:41 am By JD Alois  |  

Women changing finance is a group that is growing rapidly but, according to information provided by Coupofly, women in tech is booming. Culling data from the top 8 tech companies, it appears that women entering tech is growing 238% faster than men and this shift… Read More

November 2, 2015 @ 8:24 am By JD Alois  |  

Congressman Patrick McHenry is scheduled to deliver the keynote address as the Crowdfunding Professional Association (CfPA) this coming December in Washington, DC.  McHenry has been investment crowdfunding’s biggest champion on Capitol Hill and is regarded as one of the principle architects of the legislation.  The… Read More

October 31, 2015 @ 5:42 pm By JD Alois  |  

Title II, 506(c), Equity Crowdfunding has Raised $33 Billion to Date. The unregistered securities market in the US is huge. In fact in 2014, over $2 trillion of capital was raised using unregistered securities largely using Regulation D. This is revealed in a white paper… Read More

October 31, 2015 @ 12:29 pm By Samantha Hurst  |  

Alongside yesterday’s SEC’s 3 to 1 vote to approve equity crowdfunding under Title III of the JOBS Act, FundPaaS has unveiled a new product called Wisdom, an application that is said to power any crowdfunding portal or broker dealer seeking to raise capital for issuers online. According… Read More

October 31, 2015 @ 11:36 am By Samantha Hurst  |  

Fund for Unity, a civic crowdfunding platform that facilitates public funding and participation in community development projects, has been launched by the government of Gujarat on October 31st as a step towards the envisaged icon based development of the Narmada district in Gujarat. The website was made available… Read More

October 31, 2015 @ 11:14 am By Samantha Hurst  |  

This month, University of North Carolina’s General Alumni Association announced that Indiegogo founder, Danae Ringelmann was named of its GAA’s Distinguished Young Alumni Award recipients. The GAA’s Distinguished Young Alumni Award, which was established in 1989, recognizes the alums age 40 and young whose achievements have brought… Read More