General News

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

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