General News

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

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