General News

September 18, 2015 @ 10:00 am By Therese Torris  |  

Financement Participatif France (FPF), the French national association of crowdfunding platforms has released the sector’s market numbers for the first semester of 2015: a 100% increase from the same period last year. Results were said to be “encouraging” as France is still a very long way… Read More

September 18, 2015 @ 9:51 am By JD Alois  |  

All aspects of finance are quickly moving online capitalizing on the intrinsic efficiencies of the internet. Reviewing and completing financial transactions, be they large or small, are far more easily managed in a single repository where documents may be housed and progress tracked.  OfferingPoint is… Read More

September 18, 2015 @ 1:09 am By Midori Yoshimura  |  

  To writers of fiction and nonfiction alike, TechCrunch editor John Biggs has this to say: “I’m looking for things I love.” Biggs, who has written reams on the intersection of book publishing and tech, recently launched an imprint on Inkshares called Ray Bridge Press. Ray Bridge Press is the… Read More

September 17, 2015 @ 4:39 pm By Samantha Hurst  |  

Visio Financial Services, a residential real estate marketplace lender, announced that it has expanded its loan offerings to include a 30-year fully amortizing landlord loan at industry-leading rates as low as 6.9% and LTVs up to 75%, filling the gap for long-term investor financing in the rental… Read More

September 17, 2015 @ 3:15 pm By Erin Hobey  |  

In late August, India’s banking industry came together for the FICCI’s FIBAC 2015 Conference, discussing regulation in the country’s burgeoning online finance space,  particularly within crowdfunding and peer to peer lending.  SS Mundra, Deputy Governor of the Reserve Bank of India, called for more regulations in the Economic… Read More

September 17, 2015 @ 2:40 pm By Samantha Hurst  |  

On Thursday, crowdfunding platform Kimbia announced a planned release of its next generation Salesforce integration. Aligned with Salesforce Foundation’s commitment to improving how nonprofits engage and connect with supporters, the Kimbia platform can now integrate with virtually any Salesforce solution, including NGO Connect, Nonprofit Starter Pack (NPSP)… Read More

September 17, 2015 @ 2:03 pm By Samantha Hurst  |  

Avant, a fast-growing marketplace lending platform, announced on Thursday that it is expanding to Canada, the company’s newest international market. Headquartered in Chicago, Avant has empowered more than 300,000 consumers in the United States and United Kingdom. The recent launch of AvantCredit in Canada will bring… Read More

September 17, 2015 @ 1:25 pm By Samantha Hurst  |  

OurCrowd, a leading equity crowdfunding platform, in collaboration with Locust Walk Partners, launches a $500K investment round in Revolution Credit, winner of the 2015 Wharton Social Venture Fellows (WSVF) Impact Investing competition. Revolution Credit is an engagement platform and database of unique consumer behavioral data… Read More

September 17, 2015 @ 11:46 am By Erin Hobey  |  

Launched with the collaboration of Enterprise Ireland, the IDA and the Department of Finance, the  Fintech and Payments Association of Ireland brings together the members of extant not-for-profit organizations, Payments Ireland and Fintech Ireland Meet Up Group.  Payments Ireland was established by Colm Lyon who founded of Realex… Read More

September 17, 2015 @ 11:11 am By Erin Hobey  |  

Aiming to set itself apart from its key competitors, WePay, a leading payments provider service for online platforms, processing billions annually for partners including GoFundMe, Care.com, JetPay and FreshBooks,  has introduced ACH bank transfers as another payment type that platforms can offer their customers. ACH, or Automated… Read More

September 17, 2015 @ 11:10 am By Samantha Hurst  |  

Fundera, the online credit marketplace for small businesses, today announced an $11.5 million Series B funding round led by Susquehanna Growth Equity with participation from previous investors including QED Investors, Khosla Ventures and First Round Capital, bringing the company’s total funding to date to $15… Read More

September 17, 2015 @ 11:00 am By Samantha Hurst  |  

On Thursday, co-founder and chief strategy officer of GiveForward, Desiree Vargas Wrigley, announced that the crowdfunding platform was getting new features.  The “new GiveForward” expands the product way beyond crowdfunding into a community platform that enables people to help in different ways. The main features… Read More

September 17, 2015 @ 10:46 am By JD Alois  |  

Investing in marketplace lending assets (P2P lending) is super hot right now. The solid risk-adjusted returns provide an excellent opportunity for small investors to generate income. This is even more interesting in the historically low-interest rate environment of today.  The advent of institutional money cascading into… Read More

September 17, 2015 @ 10:12 am By Samantha Hurst  |  

Intuit Inc. (NASDAQ:INTU) is partnering with OnDeck  (NYSE: ONDK), a leading platform for small business loans, to launch the new QuickBooks Financing Line of Credit to provide faster access to lower-rate small business loans. This first-of-its-kind financing solution enables small businesses to use their QuickBooks… Read More

September 17, 2015 @ 8:34 am By JD Alois  |  

CrowdRating, a new platform servicing the equity crowdfunding industry in the UK, has launched operations to provide potential investors with an advisory service for listings on crowdfunding sites. The new platform, founded by Modwenna Rees-Mogg and Alex Heath, went live this week with 30 different reports…. Read More

September 16, 2015 @ 4:42 pm By Samantha Hurst  |  

Earlier this week, Rare Genomics Institute (RG), announced that the launching of ten separate crowdfunding campaigns to help patients with rare diseases pinpoint the causes of their illnesses. All amounts raised will go towards exome sequencing, which is a method of partial genome sequencing to find… Read More

September 16, 2015 @ 2:42 pm By Samantha Hurst  |  

Trulioo, the leading provider of online identity verification for the international market whose clients include Kickstarter, Stripe, Square and PayPal, today announced that former PayPal veteran Amy Penn has been appointed as Vice President of Sales to help the company capitalize on its escalating sales… Read More

September 16, 2015 @ 1:38 pm By Samantha Hurst  |  

NonProfitEasy (NPE) announced on Wednesday that it has formed a strategic alliance with Points of Light to offer their 250 Affiliates its latest cloud-based volunteer management system, Fundly Connect, formerly known as VolunteerEasy. This news comes just one week after the all-in-one data management software solution acquired the… Read More

September 16, 2015 @ 12:01 pm By Samantha Hurst  |  

Giftfund, a free crowdfunding gifting application, is now available for iOS andAndroid devices. Giftfund is the solution for the more than 65 percent of consumers that are interested in a totally mobile path to purchase. The app allows users to easily contribute money toward joint… Read More

September 16, 2015 @ 11:43 am By Samantha Hurst  |  

Bizfi, a fintech company that combines aggregation, funding and a participation marketplace on one platform for small businesses, announced it has launched both an API (application protocol interface) and a white label solution which will enable partner companies to offer direct lending solutions to their… Read More