General News

August 7, 2015 @ 12:42 pm By Samantha Hurst  |  

EquityNet announced new CEO and President, James Murphy. Founder, Judd Hollas, has decided with the Board of Directors to resign his leadership role. Following Hollas resignation, the crowdfunding platform selected James Murphy to succeed as President and CEO. Murphy has been involved with the company… Read More

August 7, 2015 @ 10:33 am By JD Alois  |  

Global social media leader Facebook has a patent to use their platform to provide credit information from their users.  Today direct lenders already use a plethora of different data metrics beyond a FICO score – something that has given them a leg up on banks…. Read More

August 7, 2015 @ 10:03 am By Samantha Hurst  |  

EarlyShares, a real estate crowdfunding platform that gives accredited investors direct access to commercial real estate opportunities, has launched an equity investment offering for Grubb Southeast Real Estate Fund V, LLC. The fund will target real estate investments in metropolitan areas located throughout the Southeast U.S. Grubb Properties is seeking… Read More

August 7, 2015 @ 8:50 am By JD Alois  |  

Young buy-to-let lender Elevate Capital is using Profile Software‘s peer-to-peer lending solution. Profile has created FMS.Next, an online banking solution, that can power P2P lending platforms. Elevate launched in early 2015 and has been slowly ramping operations. According to a statement provided by Profile, “Elevate,… Read More

August 6, 2015 @ 1:59 pm By Erin Hobey  |  

Interest in crowdfunding from banks and other noteworthy investors including some family offices has steadily increased in recent months, so much that Money&Co blogged, “It’s often said that crowdfunding is in danger of losing the crowd.” Could crowdfunding lose its crowd? How does the industry… Read More

August 6, 2015 @ 12:09 pm By Erin Hobey  |  

Crowdcube Shares 2015 Highlights To Date: Closing in on both £100M Successfully Invested and 200,000 in Investor Community As Crowdcube inches closer to £100m successfully invested through the site and an impressive £45M invested so far this year, new data from Crowdsurfer, an independent crowdfunding… Read More

August 6, 2015 @ 11:50 am By Samantha Hurst  |  

Burford Capital, a global finance and professional services firm focused on law, announced on Thursday its launch in Hong Kong and the formation of a new Burford Asia Advisory Board. Burford’s launch in Hong Kong positions it to meet growing demand for litigation and arbitration… Read More

August 6, 2015 @ 11:37 am By Erin Hobey  |  

Funding Circle touted a record-breaking £47.5 million was lent to businesses across the UK through its marketplace in July. Currently 46 loan requests on the marketplace are available, including a property developer building 4 new homes in Wigan and a fundraising business looking to expand. The total value of new loans… Read More

August 6, 2015 @ 10:51 am By Samantha Hurst  |  

Fairway America, an authority on small balance real estate (“SBRE”) pooled investment funds, announced today the launch of Centerra RE Opportunity Fund, LLC (the “Fund”) out of Modesto, California. Fairway’s client Centerra Capital, Inc. (“Centerra”) was formed in 1998 and specializes in providing real estate… Read More

August 6, 2015 @ 10:02 am By Samantha Hurst  |  

Crowdfundraiser, a crowdfunding platform that is focused on both debt and equity crowdfund investing now offers investment options for both accredited and non-accredited investors alike, announced on Thursday that it has been renamed to Crowdfund.co. The platform’s Director, Nate Nead, revealed: “We’re excited about the possibilities with this new domain and… Read More

August 6, 2015 @ 9:39 am By JD Alois  |  

UK based AltFi will host its second annual AltFi Global Summit for the US institutional investor audience this coming November in New York City. AltFi held its inaugural event in the US last year with solid participation from across the ranks of disruptive finance.  According to… Read More

August 5, 2015 @ 4:06 pm By Samantha Hurst  |  

Jibo, Inc., the company behind Indiegogo success family robot, Jibo, has closed $11M in a Series A extension round with strategic investors from Taiwan, Japan, Korea and China. Participating investors include: Acer (Taiwan) – Established in 1976, Acer is a hardware + software + services company… Read More

August 5, 2015 @ 12:45 pm By Samantha Hurst  |  

AuditionTrail, a crowdfunding platform, recently launched as a new site that will allow musician backers to fund their upcoming audition travels. The platform was created by musician Miguel Sonnak, who was inspired to create the site following a visit to the Aspen Music Festival. Sonnak revealed he hopes that… Read More

August 5, 2015 @ 11:53 am By Samantha Hurst  |  

On Wednesday, UK crowdfunding platform, Crowdfunder UK, released a new guide called 95 Tips, for Crowdfunders from Crowdfunders.  The platform describes the document as: “Directly from the creative masterminds of the UK’s leading and most innovative crowdfunding superstars, we are proud to present you with the… Read More

August 5, 2015 @ 10:11 am By Samantha Hurst  |  

Ready to offer up some crowdfunding advice, co-founder of Crowdcube, Luke Lang sat down with SME Web to share his thoughts on the funding method. During his interview, Lang discussed the equity crowdfunding platform: “Crowdcube is an investment platform where people who are backing or… Read More

August 5, 2015 @ 1:33 am By Midori Yoshimura  |  

  Recently, the first back-to-school ads popped up on my music streaming service, accompanied by the scent of the school year–anticipation of the new. I paused, remembered what it felt like to use an eraser and be dropped off at the curb daily, then kept writing. A computer… Read More

August 4, 2015 @ 2:52 pm By Samantha Hurst  |  

Ovation, an arts network, announced on Tuesday it has teamed up with crowdfunding platform RocketHub to develop a new program called Creative Studio, which is dedicated to creators and artists. Ovation’s CEO Charles Segars and Brian Meece, CEO of RocketHub revealed the program is set to go live this October…. Read More

August 4, 2015 @ 1:31 pm By Samantha Hurst  |  

Mass Fidelity, the creators of the Indiegogo alum The Core, announced on Tuesday its selection and participation in Amazon Launchpad, a new program that showcases cutting-edge products from today’s brightest start-ups, to offer the Core to millions of Amazon customers. Amazon Launchpad was launched last week… Read More

August 4, 2015 @ 1:29 pm By Erin Hobey  |  

The Australian federal government’s proposed expansion of access to crowdfunding for businesses falls short of the hoped-for system, according to Yahoo Finance.  New draft guidelines issued by the Australian Treasury include increasing the amount companies are allowed to raise through crowdfunding to AUS $5 million,… Read More

August 4, 2015 @ 1:16 pm By Samantha Hurst  |  

Last fall,  San Jose-based startup Matchstick launched a crowdfunding campaign on Kickstarter to raise $100,000 for its self-titled streaming stick that was built on Firefox OS. This project immediately hit the spotlight due to being the next “big thing” against Google Chrome. By the time its campaign closed, the streaming stick… Read More