General News

Brief: AltFi Returns to NYC for 2nd Annual Global Summit

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

Jibo, Inc. Raises $11M in Series A Extension Financing

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

New Crowdfunding Platform Audition Trail Seeks to Help Musicians With Audition Costs

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

Crowdfunder UK Unveils New Guide: “95 Tips For Crowdfunders By Crowdfunders”

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

Crowdcube’s Luke Lang: “It Is Really Difficult to Define the Sort of Business Looking to Crowdfund”

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

Innovate Finance + Open University Launch FinTech 101, Online Course For Executives

  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

Ovation Forms Partnership With RocketHub to Create New Program “Creative Studio”

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

Mass Fidelity’s The Core Joins New Tech Marketplace Amazon Launchpad

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

Australian Treasury Drafts New Guidelines for Crowdfunding; Opponents Share Insight

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

Kickstarter Alum Matchstick Pulls the Plug on Firefox OS Streaming Stick Project

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

KPMG Links with MarketInvoice: Using Alternative Finance for Accounting Software & Business Education Programming

KPMG has linked with peer-to-peer business lender MarketInvoice, a partnership that will enable customers of KPMG’s Small Business Accounting Service to access MarketInvoice finance directly through their accounting software and will also include a business education program incorporating regional events, webinars, e-books and online ‘accountancy clinics’… Read More

China Central Bank Defends Online Payment Rules, Critics See Rules Stifling Industry Innovation

“China’s central bank has moved to defend draft rules that would force online payment processors to channel large payments through traditional bank accounts, a requirement that industry observers say will stifle innovation while protecting the interests of incumbent banks,” reported FT’s Gabriel Wildau. “The People’s Bank of China… Read More

Peter Coleman Joins Online Lender for Real Estate AssetAvenue as CFO

AssetAvenue, an online lender for real estate investment properties, announced that Peter Coleman has joined the company as Chief Financial Officer. Coleman brings more than 20 years of financial management and investment banking experience focused on technology companies. At AssetAvenue, Coleman will be responsible for leading the… Read More

Staples Debuts Entrepreneur Store Featuring Crowd2Shelf Contest Winning Products

The winners of the inaugural Crowd2Shelf Contest debut on Staples’ new entrepreneurial store. Created by Fundable and sponsored by Staples, the Crowd2Shelf Contest drew thousands of startups across the country competing for a chance to crowdfund their way to Staples. Contestants demonstrated demand for their innovative… Read More

Australian Construction Software Company APE Mobile Secures $2M During Series A Funding Round Led By Jolimont Global & Viburnum Funds

APE Mobile, an established Australian software company that has developed an innovative paperless site app for the Construction, Mining and Oil & Gas industries to enable greater efficiency in managing on-site documents on iPads and web devices, is pleased to announce the raising of $2 million in… Read More

Harmonix Announces Another Delay of Kickstarter Success “Amplitude”

A little over a year ago, Harmonix, the studio behind the forever addicting video game Guitar Hero, launched a Kickstarter campaign to raise funds for Amplitude. The video game is known as a “rhythm-action music game” for PlayStation 3 and PlayStation that is based on… Read More

“Exploding Kittens” Creator Elan Lee Admits: “Kickstarter is a Terrible Place to Raise Money.”

With the previous announcement of Exploding Kittens being shipped to its backers, co-creator Elan Lee reveals a bit of an insight of the famous Kickstarter project. While sharing details about the funding process, Lee admitted to CNN: “The biggest lesson for me is that Kickstarter is a… Read More

Sydney’s Poor Toms Gin Makes An Appearance on New Series “The Cult of New” Following Pozible Project (Video)

Last week, Sydney brand Poor Toms Gin made its appearance on the new series The Cult of New.  The new craft gin distillery has opened in Sydney earlier this year and its first batch was snapped up on Australia’s crowdfunding platform, Pozible.  The young business raised $25,000 in one day. It… Read More

Driveway Software Captured $10M in Series A Funding to Conquer Mobile Telematics

Data and Mobile Telematics company, Driveway Software, Inc., has closed a $10 million funding round led by Ervington Investments, representing prominent Russian businessman Roman Abramovich.  The funds will be used to further strengthen Driveway’s position as the best in class telematics solution, create new markets for telematics solutions and grow… Read More

AgFunder Reports $2Bn in AgTech Investment for the First Half of 2015

AgFunder, an investment platform for accredited investors investing in agriculture and agriculture technology, announced the release of its 2015 Midyear AgTech Investing Report, tracking a record $2.06B in AgTech investment for the first half of 2015. This figure is only $300M shy of the $2.36B… Read More

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