General News

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

August 12, 2015 @ 11:51 am By Samantha Hurst  |  

On Wednesday, crowdfunding platform CircleUp announced that it teamed up with media outlet Forbes to present the 25 Most Innovative Brands of 2015 list. Founder and CEO of CircleUp, Ryan Caldbeck declared: “We’ve teamed up with Forbes to celebrate the 25 most innovative consumer and retail brands… Read More

August 12, 2015 @ 10:06 am By Samantha Hurst  |  

Lightricks, a developer of premium image processing software for mobile, announced today the closing of its first external financing, in the amount of $10 million led by Israeli venture capital firm, Carmel Ventures In less than two and a half years since its founding, Lightricks… Read More

August 11, 2015 @ 9:32 pm By JD Alois  |  

Citizen.VC, a online investment platform that leverages 506(b) Reg D private placements but NOT 506(c) placements, has received a “No Action” letter from the SEC regarding questions and clarifications as to what qualifies as general solicitation and the establishment of relations with investors.  The guidance… Read More

August 11, 2015 @ 6:37 pm By JD Alois  |  

Lawrence Lessig, a Harvard Professor, iconoclast, and creator of MayDay PAC, has entered the 2016 Presidential election. Lessig is seeking the nomination of the Democratic party joining Bernie Sanders in the quest to dethrone Hillary Clinton from her anointed position as party standard bearer.  Lessig,… Read More

August 11, 2015 @ 4:24 pm By Samantha Hurst  |  

C2FO, a Kansas City fintech firm, reported its 2015 Q2 working capital flows of $5.4BN, more than four times the rate compared to $1.2BN in Q2 2014. This record was fueled by a substantial increase in supplier early payment demand. Q2 2015 C2FO record milestones include:… Read More

August 11, 2015 @ 3:40 pm By Samantha Hurst  |  

loanDepot announced on Monday plans to offer new home equity products. loanDepot is a marketplace lender that offers American consumers a choice of credit products through purchase and refinance home loans, unsecured personal loans, and now home equity loans on one convenient tech-enabled lending platform. This announcement comes… Read More

August 11, 2015 @ 12:41 pm By Samantha Hurst  |  

CommonBond, a marketplace lending platform that lowers the cost of student loans for borrowers and provides financial returns to investors, today announced founder and CEO of Sanlaap North America, Sindhura Sarikonda, as the winner of the 2015 CommonBond Social Impact Award, which honors the nation’s top MBA… Read More

August 11, 2015 @ 12:38 pm By Erin Hobey  |  

With the confidence of over 121 investors, Innovation Makers has secured over £292,220 on its equity crowdfunding campaign on Crowdcube.  With eight days remaining on the campaign to reach its £400K target for 20% equity offered, the Innovation Makers team announced that former Maclaren COO Russ Cohen… Read More

August 11, 2015 @ 11:54 am By Erin Hobey  |  

Indian P2P lending marketplace Faircent.com signed data and solutions initiatives with global risk and information solutions provider TransUnion, for real-time credit appraisal of borrowers, reported the Economic Times. According to the post, Faircent is the first P2P lending marketplace to leverage TransUnion’s capability in data, analytics… Read More

August 11, 2015 @ 11:50 am By Samantha Hurst  |  

GoDaddy, Inc. (NYSE: GDDY), a technology provider dedicated to small businesses, today announced a partnership with Kiva, a micro-lending platform, that will connect GoDaddy employees with Kiva borrowers in countries around the world. Kiva is a non-profit organization working globally to connect people through lending to alleviate… Read More