General News

October 13, 2015 @ 10:35 am By Samantha Hurst  |  

Last week, peer-to-peer (P2P) platform StreetShares announced that it has formed an exclusive partnership with online marketplace, FedBid. The goal of the partnership is to provide America’s small businesses with the education, resources, and funding needed to compete for and win supplier contracts from federal… Read More

October 13, 2015 @ 9:56 am By Samantha Hurst  |  

With less than 24 hours until its crowdfunding campaign dedicated to Syrian Refugees comes to an end, Kickstarter has successfully secured over $1.6 million thanks to 26,000 backers. Last week, Kickstarter’s Yancey Strickler announced that the White House reached out and asked if its team… Read More

October 13, 2015 @ 2:22 am By Midori Yoshimura  |  

European small and medium-sized enterprises (SMEs) have access to nearly twice the amount of funding as their U.S. counterparts, yet bank loans remain the most common form of SME finance in Europe, according to a recent press release. This leaves huge scope for small businesses… Read More

October 13, 2015 @ 1:35 am By Midori Yoshimura  |  

Peer-to-peer lending platform Faircent has raised an undisclosed amount of funding from Aarin Capital, a fund led by Infosys’ former CFO and chairman of Manipal Global Education T.V. Mohandas Pai, according to the Economic Times’ ET Tech, citing people aware of the development. Pai will also join the… Read More

October 12, 2015 @ 4:16 pm By Samantha Hurst  |  

Over the weekend, The New York Film Festival ended on a high note with the premiere of Indiegogo success, Miles Ahead.  As previously reported, Academy-Award nominated actor Don Cheadle launched a campaign on the global crowdfunding platform for the featured film, which focus on a few day days… Read More

October 12, 2015 @ 3:34 pm By Samantha Hurst  |  

Ready to reveal some details about Star Citizen, actor Gary Oldman sat down to discuss what it felt like to work on the highly anticipated video game’s companion single-player spaceflight sim, Squadron 42. When Star Citizen surfaced in 2012, it immediately hit the spotlight and became one of the most popular… Read More

October 12, 2015 @ 1:29 pm By JD Alois  |  

Community Funded, a crowdfunding platform targeting higher education, has signed up Matt Wasserman in a “Senior Role” for the company.  Wasserman most recently served as Vice Chancellor at the University of Colorado.  He will be assisting the  company to expand its “growing portfolio of higher… Read More

October 12, 2015 @ 11:39 am By Samantha Hurst  |  

Last week, officials at the University of Missouri (MU) announced the official kickoff of MU’s new comprehensive funding campaign, Mizzou: Our Time to Lead. The new comprehensive campaign will seek to raise $1.3 billion to support and advance the educational and research goals of Missouri’s flagship… Read More

October 12, 2015 @ 10:30 am By Samantha Hurst  |  

On October 1st, the Crowdster Board of Directors and major investor, Canrock Ventures, announced the appointment of Joe Ferraro as the new CEO. The leadership change signals a strategic transformation at the software company that launched its crowdfunding platform in 2014. Crowdster chairman, Mark Fasciano,… Read More

October 12, 2015 @ 9:11 am By JD Alois  |  

The European Crowdfunding Network (ECN) has published its final agenda for its annual gathering which is scheduled to take place in Paris later this month.  The 4th annual conference that connects crowdfunding platforms and Fintech entrepreneurs from across all of Europe will see speakers like… Read More

October 10, 2015 @ 2:59 pm By JD Alois  |  

The 4th Annual Global Alternative Funding Forum will take place this coming November in Los Angeles and will once again tackle the imperative issues regarding the future of finance. This year’s event will see David Weild, former Vice Chairman of NASDAQ, open the event on… Read More

October 9, 2015 @ 12:30 pm By JD Alois  |  

Blue Elephant Capital Management, a firm founded in 2013 to leverage emerging opportunities in the marketplace lending sector of finance, has committed $25 million to Boat Finance, a specialty lender in the marine lending space. Blue Elephant described their commitment as a “turning point” in… Read More

October 9, 2015 @ 10:41 am By Erin Hobey  |  

The People Versus Carmichael Indiegogo crowdfunding campaign continues to gain momentum as it swiftly passed the £106,140 mark with the help of over 5,955 backers. Fiona MacInnes and Tim Morrison’s original campaign was 102% funded on June 24, 2015. The purpose of the continued crowdfunding campaign… Read More

October 9, 2015 @ 8:36 am By Erin Hobey  |  

Last month, Double Fine’s Tim Schafer, inXile’s Brian Fargo, and Obsidian’s Feargus Urquhart launched Fig, which focuses exclusively on video games. The platform allows the reward-based component as a way of “proving out a market, de-risking investment, getting investors more excited.” If investors see fans supporting… Read More

October 8, 2015 @ 1:02 pm By Jor Law  |  

For years, most capital raises conducted by private companies have primarily relied on Regulation D as an exemption from compliance with certain burdensome securities laws.  In particular, most offerings were conducted under what was known as Rule 506 under Regulation D.  Those offerings, which have… Read More

October 8, 2015 @ 12:28 pm By Erin Hobey  |  

Symbiont today announced the addition of two fintech industry veterans, Dr. Maureen O’Hara and Dr. Keith B. Jarrett, to its Advisory Board.  The blockchain pioneer, which launched in 2013 with its creation of Smart Securities, recently secured $1.25M seed funding.  The platform’s board appointments will provide proven expertise and guidance to the Symbiont… Read More

October 8, 2015 @ 11:39 am By Erin Hobey  |  

“Our mission at YC is to enable as much innovation as we can.  Mostly this means funding startups.  But startups aren’t ideal for some kinds of innovation—for example, work that requires a very long time horizon, seeks to answer very open-ended questions, or develops technology… Read More

October 8, 2015 @ 11:06 am By Erin Hobey  |  

“Crowdfunding is the future of real estate financing,” commented Fundrise CEO and Co-Founder Ben Miller. Asserting the partnership as the first-ever crowdfunded commercial construction loan, Jay Maddox of the commercial real estate services company Avison Young brokered a deal with Fundrise which resulted in the real-estate platform’s providing Birtcher Anderson… Read More

October 7, 2015 @ 11:02 am By Erin Hobey  |  

In the days since the 27 September vote, Catalonia’s call for independence and regional election results have reignited debates against the Spanish government’s longstanding refusal to allow an independence referendum.   There has also been a call for freedom in finance, specifically a call for… Read More

October 6, 2015 @ 11:25 am By Erin Hobey  |  

TrackR, a pioneer of the Bluetooth tracker and digital inventory space, has raised $8.7 million in funding for expansion. Foundry Group led the round with participation from Resolute Ventures and several angel investors. The TrackR team is revolutionizing how people keep track of their personal… Read More