General News

September 23, 2015 @ 2:30 pm By Samantha Hurst  |  

Lendio, a lending marketplace for small business loans, recently released Lender Ratings and Reviews and Small Business Loan Calculators to assist business owners in their search for the best financing to fuel their dreams. These new tools provide a platform for borrowers to research a… Read More

September 23, 2015 @ 2:00 pm By Samantha Hurst  |  

Online direct lender Dealstruck announced on Wednesday it has formed a partnership with Valley Economic Development Center (VEDC), a non-profit lender, to provide small businesses with a greater variety of flexible financing options. By combining financing offerings, Dealstruck and VEDC are now able to tailor side-by-side lending packages for… Read More

September 23, 2015 @ 12:26 pm By Samantha Hurst  |  

OpenPath Investments, triple bottom-line company with more than a decade of experience creating value for its investors, announced on Wednesday that it has purchased Ventana Palms Apartments, located in west Phoenix, for $8.5 million, kickstarting an effort to bring a socially responsible investing and property management… Read More

September 23, 2015 @ 11:19 am By Samantha Hurst  |  

Parthenon Capital Partners (“Parthenon”), a growth-oriented private equity firm, announced today that it has signed a definitive agreement to invest in Millennium Trust Company (“Millennium Trust” or the “Company”), a leading provider of technology-enabled asset custody solutions for institutions, advisors, and individuals. The transaction is… Read More

September 23, 2015 @ 10:19 am By Samantha Hurst  |  

Offering up their own tips and tricks to dominating crowdfunding campaigns, some of Kickstarter’s initiative organizers, including Pavan Bapu, Gramovox; Carla Hall, Carla’s Southern Kitchen; Jesse Thorn, Put This On; Jenn de la Vega, Hit PLAY on The Shortsleeves Cassette; and Andrew Ahn, Spa Night, sat down to discuss their experience with… Read More

September 23, 2015 @ 9:54 am By Erin Hobey  |  

“My advice to female innovators and disruptors is to have balance in your relationships with mentors, advisors, close associates and friends that will ultimately broaden both your networks and channels to access capital. This is going to be critical as you scale, grow, and ultimately… Read More

September 22, 2015 @ 3:43 pm By Samantha Hurst  |  

Continuing to expand its distinctive storage business, Crowdcube success and 2014 Startup’s Crowdfunded Business of the Year Award winner, LOVESPACE, announced it has moved its headquarters from Kennington, South London, to the City. The company, which was founded by Streetcar co-founder and entrepreneur Brett Akker, won the award in… Read More

September 22, 2015 @ 1:33 pm By Erin Hobey  |  

Bareksa, Kejora, CekAja, Doku, Bank Mandiri, Veritrans and Kartuku teamed up to launch FinTech Indonesia, an association of Indonesian fintech service providers, reported e27‘s Anisa Menur.  The press conference was attended by Darmin Nasution, Minister of Economy, Budi Gunadi Sadikin, Managing Director of Bank Mandiri and… Read More

September 22, 2015 @ 1:00 pm By JD Alois  |  

The legal industry is an archaic sector of business that operates largely as it has for 100s of years. And why change it?  A professional sector that is knowledge driven and protectionist by way of bar exams and “ethics” rules, everyone in business needs legal… Read More

September 22, 2015 @ 12:11 pm By Erin Hobey  |  

  As previously announced, LendIt has partnered with P2PFA for the second annual European conference to be held in London this coming October. The P2PFA, the UK industry body for peer-to-peer lending, works to promote high standards of business practice and an effective regulatory framework. Current membership includes… Read More

September 22, 2015 @ 11:24 am By Samantha Hurst  |  

Waylens, an intelligent camera system company based in Boston, has announced $2.2 million in external funding secured. The startup has allocated its funding to launch a high-performance, score-keeping camera system for enhancing the driving experience. Investors in the round include IDG Capital Partners and E14… Read More

September 22, 2015 @ 9:34 am By Samantha Hurst  |  

Ablrate, a peer-to-peer lending platform that offers investors access to asset-backed loans against aircraft transactions, announced that is has completed over £3 million in funded loans. Ablrate broke £3 million in funded loans just over a year since official launch, with £1 million being completed… Read More

September 22, 2015 @ 1:12 am By Midori Yoshimura  |  

Former UK head of Google, Dan Cobley, sees a unicorn–a $1.5 billion-turnover success story–in his co-founded startup SalaryFinance, for which he left Google last year. According to Business Insider, Cobley said that SalaryFinance would “be talked about in some of the same sentences as unicorn businesses over… Read More

September 21, 2015 @ 10:32 am By Samantha Hurst  |  

InventHelp, an inventor service company in Pittsburgh, PA, has announced they are creating an invention-focused crowdfunding platform, FundAnIdea, which will launch in fall 2015. FundAnIdea will allow inventors to create a crowdfunding campaign to raise money to help fund their idea. Inventors will be able… Read More

September 21, 2015 @ 2:09 am By Midori Yoshimura  |  

Ramen dinners, rare wins and–often–failures: the life of a Silicon Valley startup. A new show, “Bazillion Dollar Club,” takes viewers behind the scenes of six Silicon Valley startups seeking success, either through hardware accelerator Highway1 or accelerator 500 Startups. Premiering Tuesday, Sept. 22, at 10 p.m. on… Read More

September 19, 2015 @ 1:26 pm By Samantha Hurst  |  

Crowdfunding portal for cannabis and digital startups, CrowdGather, Inc. (OTCQB: CRWG), announced financial results for the first quarter, which ended earlier this summer. CrowdGather reported revenues of $709,151 for the first quarter of fiscal 2016, an increase of 74% from the $406,590 reported for the… Read More

September 19, 2015 @ 1:12 pm By Samantha Hurst  |  

Elio Motors, a car company that is known for its success on equity crowdfunding platform StartEngine, has been named Los Angeles Auto Show’s 2015 Top Automotive Startups. The car brand, which was created by automotive enthusiast Paul Elio, made the list and will be featured at… Read More

September 19, 2015 @ 11:51 am By Samantha Hurst  |  

On Wednesday, 14-year-old Irving, Texas high school student Ahmed Mohamed received national and even international attention following his arrest for supposedly bringing a bomb to school. Teachers of Mohamed mistaken his latest invention, a clock, as a bombing device and immediately alerted local authorities. The teenager, who dreams… Read More

September 18, 2015 @ 4:03 pm By Samantha Hurst  |  

With less than three months until its estimated shipping date (December 2015), Chicago-based Gramovox announced that its Kickstarter success, Floating Record, is now in production. The company revealed in its latest update: “Production is underway at Gramovox, and we’re excited to share the progress we’re… Read More

September 18, 2015 @ 10:43 am By Samantha Hurst  |  

This week, investment research firm Crowdability, Inc. unveiled CrowdabilityIQ, a ratings and research service designed specifically for the equity crowdfunding market. With over 100 million retail investing households in the United States, equity crowdfunding—the online offering of private company securities to accredited and non-accredited investors—could become… Read More