General News

September 16, 2015 @ 10:37 am By Samantha Hurst  |  

Connected Investors, a real estate investors network and marketplace, today announced the launch of centralized real estate investment funding portal, CiX.com. The technology allows real estate investors to quickly and easily submit their deals to a network of asset-based lenders, ensuring the best terms for… Read More

September 16, 2015 @ 10:22 am By Samantha Hurst  |  

Prosper Marketplace, an online marketplace that connects borrowers and investors, today announced that Radius Bank, a full-service bank serving consumers nationwide through an industry-leading virtual banking platform, will now offer a new personal loan option through the Prosper platform. The partnership integrates the Prosper marketplace… Read More

September 16, 2015 @ 9:09 am By JD Alois  |  

Michael Treskow, of Accel Partners, was interviewed this week on the “Rise of Crowdfunding” where he got a chance to defend his point of view as his firm invests in new finance. Accel has placed bets on Prosper, Funding Circle and others associated with the… Read More

September 15, 2015 @ 8:48 pm By JD Alois  |  

The regulatory environment is evolving around the world as it adapts to the burgeoning field of internet finance. Eventually, all financial transactions will occur online, yet most national regulators are structured to manage a bricks and mortar world.  AltFi, based in the UK, and Dr…. Read More

September 15, 2015 @ 4:28 pm By Samantha Hurst  |  

Open Energy, a debt finance firm that provides solar project loans to solar developers and project owners through its unique marketplace lending model, today announced the launch of its new online platform, designed to streamline the loan application process. This is considered the first comprehensive… Read More

September 15, 2015 @ 3:14 pm By Samantha Hurst  |  

P2Binvestor, a crowdfunding platform for working capital, recently welcomed a new client to its special financing program for software-as-a-service (SaaS) companies: 7 Medical Systems LLC, a provider of cloud-based digital imaging, electronic medical records and revenue-cycle management solutions for healthcare. 7 Medical selected P2Bi as… Read More

September 15, 2015 @ 1:38 pm By Samantha Hurst  |  

CircleBack Lending, Inc., a marketplace lending platform, has completed a $17.4 Million Series A round of equity financing led by Pine River Capital Management, a global alternative asset manager with over $15 billion under management. Wicklow Capital, an early investor in CircleBack, also participated with… Read More

September 15, 2015 @ 12:53 pm By JD Alois  |  

Regulations usually possess good intent, but all too frequently are near-sighted and fall far short of assisting targeted beneficiaries.  This may be another case of myopic regulators not taking a moment to think beyond what superficially may appear to be a plus, but ends up… Read More

September 15, 2015 @ 12:12 pm By Samantha Hurst  |  

Wealth management technology provider FolioDynamix and financial services information technology company Docupace Technologies, LLC announced today a strategic relationship that will integrate two of the industry’s most innovative technologies to deliver a turn-key straight-through processing solution to the wealth management industry for new account openings…. Read More

September 15, 2015 @ 11:54 am By Erin Hobey  |  

Readers may now be familiar with Jimmy Kimmel’s viral Mean Tweets on YouTube.  If you haven’t joined the over 47M viewers who watched these funny clips, treat yourself to a laugh. Berlin-based Fanmiles taps into the crowd’s desire to reach out (ideally in a positive way, not like Mean Tweets) to… Read More

September 15, 2015 @ 11:14 am By Erin Hobey  |  

Bavarian-based noDNA, Europe’s biggest online seller of robotics components for research and education,  launched a financing campaign on Companisto, offering venture loans bearing annual interest of 8%.  noDNA is the second venture loan offered on Companisto, following Sawade which has raised over 442,880€ of its 1M€ goal…. Read More

September 15, 2015 @ 10:46 am By Samantha Hurst  |  

On Tuesday, Rare Genomics Institute (RG), announced that it is launching 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 15, 2015 @ 10:40 am By Samantha Hurst  |  

Crowdventure, a real estate crowdfunding platform, has today agreed to a landmark joint venture partnership with Campbell, CA based Equipoise Capital Partners. Collaborating closely with Equipoise management and their highly experienced real estate development and project management team, Crowdventure is now able to offer accredited investors… Read More

September 15, 2015 @ 10:27 am By Erin Hobey  |  

Silicon Valley can’t compete with London in terms of Fintech, says UK Treasury special Fintech envoy Eileen Burbidge: “Wall Street Talent doesn’t come to Silicon Valley.” UK Treasury special Fintech envoy and partner at tech VC Passion Capital, Eileen Burbidge took the stage at Fintech Week and discussed… Read More

September 15, 2015 @ 9:00 am By Samantha Hurst  |  

Wealth Migrate, the tenth-largest global real estate crowdfunding platform as reported by research firm Massolution, today announced that it has raised $3.99 million (USD) in a seed round of funding from real estate, technology and other investors. The funds raised will help Wealth Migrate to… Read More

September 15, 2015 @ 9:00 am By Samantha Hurst  |  

Earlier this summer, Patch of Land announced the release of its long-anticipated secured debt investment structure, effective for all its offerings in the past and into the future. Although the new structure took Patch of Land over a year of extensive research and consultation to… Read More

September 15, 2015 @ 8:46 am By Samantha Hurst  |  

Real estate crowdfunding platform, iFunding, announced on Tuesday that it had its best month in its 3 year history, offering investors over $14 M in real estate investment properties. iFunding revealed that August is typically one of the quietest months of the year, with investors… Read More

September 14, 2015 @ 11:19 pm By Midori Yoshimura  |  

  PCH, which designs custom product solutions for startups and Fortune 500 companies, today announced that it will host a dedicated Hardware Hackathon at TechCrunch Disrupt SF 2015. The event will form part of TechCrunch Disrupt’s popular 24-hour hackathon, running from Saturday, Sept. 19 to Sunday, Sept…. Read More

September 14, 2015 @ 4:12 pm By Samantha Hurst  |  

uSens, Inc., a Silicon Valley pioneer providing full 3D interactive solutions for virtual reality and augmented reality, announced today that it completed a $5.5 million round of pre-Series A financing co-led by IDG Ventures, Lebox Capital and Maison Capital in June. Also participating were Stone… Read More

September 14, 2015 @ 12:45 pm By JD Alois  |  

One Spark has claimed a significant success story. One Spark is described as the “world’s largest crowdfunding festival” and hosts an annual event in Jacksonville, Florida that features business creators seeking crowdfunding support.  Naturally Smart Foods, launched in 2013, entered the One Spark crowdfunding festival… Read More