General News

August 20, 2015 @ 12:20 pm By Erin Hobey  |  

Cloud Lending Solutions, an end-to-end lending solution built natively on salesforce.com, announced CL Originate, a next-generation online loan origination platform. CL Originate offers cloud-based loan origination and underwriting platform, designed to meet online lenders’ demand for automated and instantaneous loan processing and real-time complex document… Read More

August 20, 2015 @ 11:59 am By Samantha Hurst  |  

Marketplace lending platform, Avant, announced on Thursday that two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant’s funding total to $1.1 billion in debt financing, $334 million in equity financing and $400 million raised through the Avant Institutional… Read More

August 20, 2015 @ 11:22 am By Erin Hobey  |  

EarlyShares announced Downtown Las Vegas Redevelopment status updates: •On Wednesday, August 12, the sponsor Metroplex Group closed escrow and acquired the property •The building is now being marketed for lease through online and offline efforts, and the space is being shown to prospective tenants. LOIs have already been… Read More

August 20, 2015 @ 11:16 am By Samantha Hurst  |  

RCS Capital Corporation (“RCS Capital”) (NYSE: RCAP) announced the closing of its previously announced private placement of $37.5 million of newly issued convertible preferred stock. In addition, RCS Capital revealed the addition of Marc Rowan, co-founder of Apollo Global Management, LLC (together with its subsidiaries, “Apollo”) (NYSE:  APO), and Anthony… Read More

August 20, 2015 @ 10:52 am By Erin Hobey  |  

SocietyOne co-founder Matt Symons said yesterday there was a strong correlation between the lender’s $200 million in loan ­applications and traffic on the get­creditscore.com website — a partnership with the nation’s leading credit bureau, Veda, reported The Australian‘s Richard Gluyas. More than 75,000 people have used the… Read More

August 20, 2015 @ 9:41 am By Samantha Hurst  |  

Camellia Network, a nonprofit crowdfunding and social support platform to help former foster children, has merged with national nonprofit Youth Villages to enhance and expand the service, Camellia Network founder and best-selling author Vanessa Diffenbaugh announced on Thursday. Diffenbaugh declared: “This is exciting news for all… Read More

August 19, 2015 @ 5:00 pm By Charles Kaufman and Jor Law  |  

If your company has decided to take advantage of the new avenues for reaching investors under Regulation A, the biggest task you face will be preparing an offering statement that includes mandatory disclosures about the offering and the offeror, and obtaining Securities and Exchange Commission… Read More

August 19, 2015 @ 1:28 pm By Samantha Hurst  |  

The Rare Genomics (RG) Institute announced on Wednesday the winners of the 2015 BeHEARD (Helping Empower and Accelerate Research Discoveries) science challenge, a global competition that offers rare disease researchers, who traditionally have difficulty attracting funding, grants of the latest life science innovations and technologies…. Read More

August 19, 2015 @ 12:11 pm By Samantha Hurst  |  

  Seeking to help organizers draw more attention to their projects, Indiegogo has revealed tips on how to get the press to cover campaigns. The crowdfunding platform stated: “We want every campaign on Indiegogo to be successful. Our team is constantly researching the best ways… Read More

August 19, 2015 @ 11:09 am By Samantha Hurst  |  

Grouplend, Canada’s peer-to-peer (P2P) lending platform, announced on Wednesday that it has closed an additional round of financing, having raised $10.2 million since launching ten months ago. The round is being led by Markus Frind, CEO of PlentyofFish, and Lance Tracey, founder of Peer 1… Read More

August 19, 2015 @ 10:23 am By Samantha Hurst  |  

Bubl Technology Inc., the creator of the fully spherical camera, Bublcam, announced on Wednesday it has officially completed its initial round of shipments, amounting to thousands of cameras to its Kickstarter backers and pre-order customers. Early adopters of this booming technology have shown great enthusiasm as… Read More

August 19, 2015 @ 9:47 am By Samantha Hurst  |  

castAR, formerly known as Technical Illusions, an augmented reality gaming startup, announced this week that it has closed Series A funding of $15 million from Playground Global and the company’s seed investors. castAR previously completed a successful Kickstarter campaign in 2013, meeting its target in… Read More

August 18, 2015 @ 4:30 pm By Samantha Hurst  |  

NSR Invest, a managed account investment platform that provides peer-to-peer (P2P) investment tools to financial advisors, today launched a new generation of software that will allow financial advisors to easily establish and manage separate Lending Club investment accounts on behalf of NSR Invest’s clients through… Read More

August 18, 2015 @ 2:40 pm By Samantha Hurst  |  

On Tuesday, three Kickstarter alums, Double Fine’s Tim Schafer, inXile’s Brian Fargo, and Obsidian’s Feargus Urquhart, launched a new crowdfunding platform dedicated to video games called Fig. According to Wire, the new website will bring together fans and investors alike in a system of rewards-based… Read More

August 18, 2015 @ 11:43 am By Erin Hobey  |  

Today CBR‘s Jimmy Nicholls posted research regarding London’s fintech scene, highlighting which companies have drawn the most money in their funding rounds. His results follow: 1. Funding Circle – £96m Perhaps the largest peer-to-peer lender in London is Funding Circle a technology start-up that began life… Read More

August 18, 2015 @ 11:03 am By Erin Hobey  |  

Mindbody, Inc. (NASDAQ:MB), a leading provider of cloud-based business management software for the wellness services industry, has partnered with Lending Club, the world’s largest online credit marketplace connecting borrowers and investors. “As a business that started in a garage, the team at Mindbody understands that… Read More

August 18, 2015 @ 10:55 am By Samantha Hurst  |  

Taking time away from his global crowdfunding platform, CEO and co-founder of Indiegogo, Slava Rubin sat down with the Observer to share details about his spiritual beliefs. During the interview, Rubin revealed his spiritual background: “For me, a spiritual person believes in certain thoughts or… Read More

August 17, 2015 @ 3:20 pm By Samantha Hurst  |  

SoFi, the second largest marketplace lender, announced on Monday that Joanne Bradford has joined the firm as Chief Operating Officer.  Bradford was most recently head of partnerships at Pinterest. She is a seasoned executive highly regarded for her experience driving growth at some of the country’s leading startups,… Read More

August 17, 2015 @ 12:56 pm By Samantha Hurst  |  

Australian listed crowdfunding platform CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), confirmed on Monday that it has successfully crowdfunded the platform’s first Singapore-based real estate project.  Launched on July 1st, Mountbatten Lights, a boutique cluster bungalow development, managed to raise S$500,000 from more than… Read More

August 17, 2015 @ 12:20 pm By Samantha Hurst  |  

Inkshares, a start-up crowdfunded book publisher, announced today that the Nerdist, a website, YouTube Channel, and podcast network founded by comedian and television personality Chris Hardwick, will be launching a collection on its crowdfunding platform. This collection will include books published under the Nerdist name,… Read More