General News

September 25, 2015 @ 9:11 am By Samantha Hurst  |  

Online small business lender, Herio Capital, announced this week that it has funded over $10 million to American entrepreneurs in 2015. This milestone comes after another record month of origination volume for the firm, in which Herio funded $3 million to borrowers. Sherif Hassan, founder and managing partner… Read More

September 25, 2015 @ 8:30 am By JD Alois  |  

Veridu, a user verification service, has signed on Durise as its newest customer.  Durise is a new real estate crowdfunding platform based in Dubai, that targets opportunities across the Middle East. Durise, enables many individuals to purchase a small percentage of a property thus making… Read More

September 24, 2015 @ 4:10 pm By Erin Hobey  |  

DriverUp, an online marketplace for automotive financing, announced its $20 million Series B round closing. The DriverUp marketplace gives accredited investors an opportunity to enter the $1 trillion auto lending industry and provides dealers with an expedited, streamlined credit process.  New investor SF Capital Group led the round joined by… Read More

September 24, 2015 @ 3:59 pm By Samantha Hurst  |  

Back in January 2014, video game production company Playdek launched a crowdfunding campaign on Kickstarter to raise funds for its diverse tactical RPG, Unsong Story: Tale of the Guardians. Unsong Story was described as the spiritual successor in a storied line of epic tactical RPGs designed by Yasumi Matsuno (aka Final… Read More

September 24, 2015 @ 12:19 pm By Erin Hobey  |  

British peer-to-peer lender Funding Circle announced its plan to raise £150 million ($229 million) through the launch of a new London-listed fund that will provide loans to small businesses. Once launched, With its eyes set on listing on the London Stock Exchange, Funding Circle would become the… Read More

September 24, 2015 @ 11:50 am By Erin Hobey  |  

Brick and mortar KeyBank announced a strategic partnership and minority investment in AvidXchange, a leader in accounts payable automation solutions. Charlotte-based AvidXchange recently completed a $225 million minority growth financing led by Bain Capital Ventures, with contributions from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special… Read More

September 24, 2015 @ 10:35 am By Samantha Hurst  |  

Just one year after debuting InDemand, crowdfunding platform Indiegogo announced tips and tricks on how campaign organizers can take advantage of this feature. The Indiegogo crew shared: “When we first launched InDemand in September 2014, we wanted campaigners to be able to keep raising funds for… Read More

September 24, 2015 @ 1:00 am By Midori Yoshimura  |  

Equity crowdfunding platforms are “crowding out” banks, venture capitalists and business angels in the UK, suggests a new paper published by researchers from the University of St Andrews and the University of Stirling. St. Andrews explains that UK startups are “embracing the £146 million Crowdcube economy.” Crowdcube may be… Read More

September 23, 2015 @ 3:53 pm By Samantha Hurst  |  

They say, “All things are possible if you just believe.” Well, according to Indiegogo’s Canadian marketing manager for tech and design Steve Tam, that statement isn’t always correct. Betakit reported that during his keynote speech at the #Firesideconf, Tam shared that work-life balancing doesn’t exist… Read More

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