General News

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

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