General News

October 15, 2015 @ 2:16 pm By Samantha Hurst  |  

Offering up an update to its backers, creators of the Kickstarter nano drone Zano, Torquing Group, announced details about shipping and schedules. While explaining how the process is going, Torquing Group’s Director Marketing and Business Development, Reece Crowther, stated: “Our EMS (Electronic Manufacturing Service) has… Read More

October 15, 2015 @ 11:51 am By Erin Hobey  |  

Crowdfunder recently celebrated Bitvore’s million dollar raise secured from 10 investors with an interview with CEO Jeff Curie.  The platform will use the new funding to focus on “scaling up sales and marketing to help expand the market footprint and grow the revenue stream.” Bitvore collects vast amounts of Internet data,… Read More

October 15, 2015 @ 11:19 am By Erin Hobey  |  

Money may not grow on trees, but seems to grow well on a certain Atlanta Kabbage patch.  The trailblazing tech and data platform announced a $135 million equity raise led by Reverence Capital Partners as well as ING, Santander InnoVentures, and Scotiabank. Additional new investors include China’s… Read More

October 15, 2015 @ 10:53 am By Samantha Hurst  |  

Revealing a few tips and tricks for crowdfunding campaign organizers, global event marketplace EventBrite shared details about how events can bring funding initiative to life. The company penned on Indiegogo’s Blog: “Live events allow you to make this type of priceless, personal connection with new… Read More

October 15, 2015 @ 9:52 am By Samantha Hurst  |  

This evening, this year’s Kickstarter Film Festival is set to premiere in 32 theaters nationwide. The crowdfunding platform declared: “For one night only, 32 theaters across the country will be screening our biggest festival yet. We combed through thousands of the features, documentaries, and shorts… Read More

October 15, 2015 @ 9:30 am By JD Alois  |  

The Cambridge Centre for Alternative Finance at Cambridge Judge Business School and the Polsky Center for Entrepreneurship and Innovation at Chicago Booth School of Business are jointly launching the 2015 Americas Alternative Finance Benchmarking Survey. This survey will be the first comprehensive and empirical assessment… Read More

October 15, 2015 @ 9:13 am By JD Alois  |  

London & Partners, a non-profit entity funded by the Mayor of London, is pounding the table on the growth of Fintech in London. The promotional company states that the capital’s booming Fintech sector is being driven by “record levels of investment and the rapid adoption of… Read More

October 15, 2015 @ 8:43 am By JD Alois  |  

XOR Data Exchange, has announced online accessibility for its Small Business Data Exchange. The XOR Small Business Data Exchange allows the sharing of proprietary data about “even the smallest” of small businesses to help financial services institutions, telecommunications providers, marketplace lenders, and others reduce fraud… Read More

October 14, 2015 @ 1:08 pm By Samantha Hurst  |  

Attention Mighty No. 9 backers: The wait is almost over! Just two years after being first announced, Keiji Inafune and Concept USA’s highly anticipated game has received an official release date. As previously reported, the game first appeared on Kickstarter back in 2013 and takes place in the… Read More

October 14, 2015 @ 11:53 am By Samantha Hurst  |  

Bluesmart, the company behind the world’s first smart, connected luggage, announces  it has raised a round of funding of $11.5 million. The funding comes from a group of institutional investors – from Amadeus IT Group and Cota Capital to Western Technology Investments (WTI) and Y… Read More

October 14, 2015 @ 11:43 am By Samantha Hurst  |  

Honoring those who struggle with mental disorders, crowdfunding platform Crowdrise celebrated World Mental Day 2015 this week. The Crowdrise team shared: “Thousands of people with mental health conditions around the world are deprived of their human rights. They are not only discriminated against, stigmatized and… Read More

October 14, 2015 @ 10:48 am By Samantha Hurst  |  

This week, crowdfunding platform RocketHub announced that it is set to present two showcases at this year’s CMJ Music Marathon in New York City. The platform’s team shared: “RocketHub is proud to present two official showcases for New York City’s biggest music festival, The CMJ… Read More

October 14, 2015 @ 10:02 am By Samantha Hurst  |  

Lenddo, an Asia-based fintech startup that uses non-traditional data for credit scoring and online verification, today announced it has closed a Series B investment to support the company’s accelerated growth and meet global demand. The investment was led by new investors AT Capital and Life.SREDA,… Read More

October 14, 2015 @ 9:37 am By Ian Rosen  |  

  “Millennials hate their banks” is a common phrase thrown around in some circles.  I’m not sure it’s true. I’m not sure young people care about banks at all, in any practical way. For a long time, people have thought of “banks” as an all-encompassing… Read More

October 13, 2015 @ 5:12 pm By Therese Torris  |  

Particeep a provider of white label solutions for crowdfunding platforms had joined forces with insurance group Axa to offer a plug-and-play insurance service to cover investors’ and lenders’ risk. French consumers are notably risk-averse. They save a lot and like to invest their savings in… Read More

October 13, 2015 @ 3:27 pm By Samantha Hurst  |  

Elio Motors’ founder and CEO Paul Elio today said innovation can come from some of the simplest ideas, but can have world-altering results.  The entrepreneur made his remarks at TEDxDetroit, where he was one of nearly 50 visionary leaders who took the stage to inform… Read More

October 13, 2015 @ 1:29 pm By Samantha Hurst  |  

Excited to share more details about his company, LOVESPACE, Brett Akker sat down with equity crowdfunding platform Crowdcube to discuss the business’ growth and success. During his interview, Akker discussed LOVESPACE’s progress since it received the Startups Award in 2014: “A lot has happened in… Read More

October 13, 2015 @ 1:19 pm By Erin Hobey  |  

In the last weeks, not only has Companisto released a pivotal document on industry transparency but the platform has also posted promising results for recently launched Companisto campaigns.  With 54 days remaining on their Companisto campaign, MyCouchbox founders Sarah Haide and Clemens Walter have trounced their 100,000€ minimum goal, raising  over 132,460€ from… Read More

October 13, 2015 @ 12:16 pm By Erin Hobey  |  

“This Joint Venture is a key step in CoAssets’ plans to expand throughout the ASEAN region. Javaland has been successfully operating in Indonesia for a decade, building solid relationships with both the investment community and government departments.” The real estate crowdfunding company CoAssets Pte Ltd, recently… Read More

October 13, 2015 @ 11:16 am By Erin Hobey  |  

Founded in 1999, National Funding, a private lender of small business loans, has secured additional funding from its longtime bank partner, Wells Fargo. Wells Fargo Capital Finance agreed to increase its line of credit up to $75 million, aiming to help fund small business, working capital and equipment… Read More