General News

August 17, 2015 @ 10:27 am By JD Alois  |  

eShares has raised $17 million in a Series B funding round according to a report BizJournal.  Spark Capital was lead in the funding that included participation from Union Square Ventures, Subtraction Capital and Industry Ventures.  eShares raised $7 million in a Series A round this… Read More

August 15, 2015 @ 12:27 pm By Samantha Hurst  |  

Ready to unveil its latest project, Larian Studios LLC, announced the sequel of Kickstarter success Divinity: Original Sin and its upcoming crowdfunding campaign. The video game first hit the crowdfunding platform in spring 2013 and is described as an Isometric cRPG that can be played in single-player mode or cooperative multiplayer mode. The… Read More

August 14, 2015 @ 12:53 pm By Samantha Hurst  |  

Following the announcement of its recent funding round capturing $30 million, Tilt’s co-founders James Beshara and Khaled Hussein sat down with TechCrunch to share their thoughts on the investment and the future of the crowdfunding platform. The media outlet revealed that Tilt has already expanded to the… Read More

August 14, 2015 @ 11:43 am By Samantha Hurst  |  

EdAid, a financial technical startup, recently announced that it is launching its own crowdfunding platform to help students with college expenses. According to CityAM, the new platform, which is pending approval by the Financial Conduct Authority, is set to launch next month and will offer… Read More

August 14, 2015 @ 11:20 am By JD Alois  |  

Financial Solutions Lab is a five-year program aimed at harnessing and developing top FinTech companies to create products that tackle Americans’ most pressing financial issues. In July, the lab chose 9 startups to join year one of its five-year program. Each of the companies received $250,000 in… Read More

August 14, 2015 @ 11:02 am By Erin Hobey  |  

Envestnet, Inc. (NYSE:ENV), a leading provider of unified wealth management technology and services to financial advisors, and Yodlee, Inc. (Nasdaq: YDLE), a leading cloud-based platform driving digital financial innovation, announced that the Boards of Directors of both companies have unanimously approved a definitive agreement under which Envestnet will acquire all… Read More

August 14, 2015 @ 10:27 am By Erin Hobey  |  

eProdigy, a FinTech holding company specializing in alternative lending, has appointed Christopher Keane as Director of Underwriting. With experience in back-end risk management and front-end underwriting, Keane brings to eProdigy a deep understanding of the procedures, policies and best practices needed to sustainably scale eProdigy’s Merchant Cash… Read More

August 14, 2015 @ 10:14 am By Erin Hobey  |  

AssetAvenue, a leading online lender for real estate investment properties, announced that Real Estate Forum has selected the company for its annual “Best of the Best” directory in the “lender and financial services” category. The directory is published by ALM and is available in the August 2015 issue… Read More

August 14, 2015 @ 9:46 am By Erin Hobey  |  

UBS has shown an increased interest in fintech developments, creating an innovations lab to explore potential applications of bitcoin and the blockchain technology, according to NewsBTC’s Sarah Jenn. Swiss global financial services company based in Zurich recently announced the launch of the Future of Finance Challenge, which is… Read More

August 14, 2015 @ 9:20 am By Erin Hobey  |  

Tendr, a mobile crowdfunding discovery platform, rebrands as OFF3R and will now offer US crowdfunding investment opportunities from Angel.co and other leading US platforms. OFF3R is backed by angel investment club QVentures and with investors in over 42 countries. The investor app hits 250,000 interactions in… Read More

August 13, 2015 @ 2:23 pm By Samantha Hurst  |  

With a few hours before the closing of its Kickstarter initiative, Bill Nye’s new film has reached over $800,000 thanks to 16,000 backers. Due to its popularity, the project has been dubbed the crowdfunding giant’s most funded documentary. New York City producers David Alvarado and Jason… Read More

August 13, 2015 @ 1:10 pm By Samantha Hurst  |  

PALMco, a family owned and operated energy supply company, announced today its third annual commitment to funding environmental science projects in partnership with DonorsChoose, a non-profit crowdfunding platform where teachers can request classroom resources. By partnering with the DonorsChoose.org “Double Your Impact” initiative, qualified projects in… Read More

August 13, 2015 @ 11:46 am By Samantha Hurst  |  

On Thursday, Investment crowdfunding platform Symbid announced it has received 28% revenue growth in the second quarter of 2015. Korstiaan Zandvliet, co-founder and CEO of Symbid, stated: “We are delighted to report strong revenue growth as our core business continues to expand while we add new revenue streams from our… Read More

August 13, 2015 @ 10:24 am By Samantha Hurst  |  

Small business loan approval rates through institutional investors and alternative lenders remained higher than any other category in July 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan applications on Biz2Credit.com. Both categories approved approximately 61% of Biz2Credit’s total… Read More

August 13, 2015 @ 10:18 am By Samantha Hurst  |  

Specialty social media and gaming network, CrowdGather, Inc. (OTCQB: CRWG), announced the acquisition of digital assets including the CouponsForWeed.com domain name and site as well as the CouponsForWeed mobile application. Sanjay Sabnani, Chairman and CEO of CrowdGather, Inc., stated: “With the addition of CouponForWeed.com and the… Read More

August 13, 2015 @ 9:30 am By Samantha Hurst  |  

Paula DeLaurentis, a senior marketing, financial services, and real estate professional, has joined real estate crowdfunding platform iFunding as the Chief Revenue Officer. DeLaurentis will be expanding the company’s business development and marketing efforts by implementing a greater strategic focus and a personalized outreach to the real… Read More

August 12, 2015 @ 4:11 pm By Samantha Hurst  |  

On Wednesday, Fairway America, LLC (“Fairway”)  announced the appointment of Chris Tassos as its new Managing Director of Advisory Services. Tassos comes to Fairway most recently from the Wilkinson Family of Companies where he served as Chief Administrative Officer and CFO of Funds. He was… Read More

August 12, 2015 @ 3:44 pm By Samantha Hurst  |  

Last month, Colorado government officials announced that its new crowdfunding law was set to go into effect on August 5th, which allows residents participate in equity projects. Governor John Hickenlooper signed the Colorado Crowdfunding Act into law back in April, which allows the state’s residents to be able to… Read More

August 12, 2015 @ 1:35 pm By Samantha Hurst  |  

This week, real estate investors network and marketplace, Connected Investors, announced the launch of its aggregated real estate crowdfunding marketplace. For the first time, investors will be able to quickly locate and evaluate investments available across the real estate crowdfunding industry in the US and… Read More

August 12, 2015 @ 12:09 pm By Samantha Hurst  |  

Hong Kong-based, Monexo Innovations Limited, announced on Wednesday that it has been selected by DBS Accelerator, powered by Nest as the only Peer to Peer lending marketplace startup in the lineup. Monexo is an online peer-to-peer (P2P) lending marketplace inspired by the successful American version, LendingClub. The three-month… Read More