General News

July 27, 2015 @ 3:12 pm By Samantha Hurst  |  

Research and Markets has announced the addition of the “The Disruptive Potential of Marketplace Lending in the U.S. Consumer Credit Market” report to its offering. 10 years ago, the concept of marketplace lending was a quirky idea that intrigued a few venture capitalists. Today, marketplace lenders are some of… Read More

July 27, 2015 @ 2:01 pm By Samantha Hurst  |  

Last year, studio League of Geeks launched a Kickstarter campaign for its project, Armello. The description of the game reads,”The King, once Armello’s wise and benevolent ruler, has fallen ill to a dark and mysterious force known only as the Rot. Slowly eating his body and soul, the Rot… Read More

July 27, 2015 @ 1:27 pm By JD Alois  |  

Jason Best, Principle at Crowdfund Capital Advisors and early proponent of crowdfunding, hit the studios of CNBC to chat up investment crowdfunding and its largest market – China.  Best notes that crowdfunding, both debt and equity, is an important part of China policy and their… Read More

July 27, 2015 @ 11:50 am By Samantha Hurst  |  

Offering up his thoughts on crowdfunding, EquityNet’s Judd Hollas sat down with Arkansas Business to discuss the funding method along with the platform’s history. During the interview, Hollas shared details about EquityNet: “Since 2005, we’ve been operating one of the largest business crowdfunding platforms, providing… Read More

July 27, 2015 @ 11:37 am By Samantha Hurst  |  

Berlin-based technology company Panono has announced its plan to release the first edition of its highly anticipated Panono Camera, which is considered the first consumer camera to exceed 100 megapixels and instantly deliver high-resolution, 360° X 360° full-spherical panoramic images. The Panono Explorer Edition will be delivered to… Read More

July 27, 2015 @ 10:16 am By Samantha Hurst  |  

Castle Biosciences, Inc., a provider of molecular diagnostics to improve cancer treatment decisions, today announced it has closed the first tranche of a $20 million Series F financing, raising $11.7 million. The funding will be used to accelerate the growth in clinical adoption of Castle… Read More

July 27, 2015 @ 10:08 am By JD Alois  |  

Lawrence Lessig, the Harvard Professor and serial gadfly turned PAC operator, is out as CEO of Mayday PAC – an entity he created to fix the world of money and politics. Lessig is being replaced by law professor, and former New York governor candidate, Zephyr… Read More

July 27, 2015 @ 9:19 am By Samantha Hurst  |  

China Rapid Finance, China’s online consumer lending marketplace serving online users and China’s emerging middle class, today announced an initial closing of $35 million in its Series C round of financing at a pre-money valuation of US $1 billion. The round was led by Broadline… Read More

July 27, 2015 @ 8:39 am By JD Alois  |  

Last week Crowdfund Insider shared a report by KPMB/CB Insights that quantified the rocketing venture capital sector – at least in part fueled by a growing population of Unicorns.  Today Dow Jones VentureSource chimes in on Europe stating VC capital accumulation more than doubled in… Read More

July 26, 2015 @ 9:39 pm By JD Alois  |  

FinFair, a crowd-centric conference that aims to bring together Wall Street legends with FinTech innovators, will take place in Manhattan on July 29th.  The finance industry is going through a period of dramatic change as technology is altering all aspects of capital formation. FinFair wants… Read More

July 25, 2015 @ 8:38 am By Samantha Hurst  |  

New Zealand’s equity crowdfunding platform, PledgeMe,  finished its second equity crowdfunding campaign raising a total of $366,840 on Friday evening. The website launched its second campaign earlier this month to raise $250,000 and quickly surpassed the initial goal. Sharing her thoughts about the project’s success, CEO of PledgeMe,… Read More

July 24, 2015 @ 12:47 pm By Samantha Hurst  |  

Earlier this month, co-founder of Kickstarter Charles Adler opened his latest project, Center for Lost Arts, in Chicago. According to the Chicago Tribute, Adler unveiled the center, which is inside a former West Town meat wholesaler that was about to be torn down for less than $50,000. He… Read More

July 24, 2015 @ 11:37 am By JD Alois  |  

P2P Global Investments has successfully raised £400 million bringing their total raised to date to £870 million.  The Issue, which was over-subscribed, will issue 40 million C Shares, of which 38,200,016 C Shares will be issued under the Placing and 1,799,984 C Shares will be… Read More

July 24, 2015 @ 11:14 am By Samantha Hurst  |  

SocietyOne, Australia’s peer-to-peer (P2P) lending platform, announced that Mitchel Harad has joined the company as Chief Marketing Officer (CMO). Harad was the Vice President of Marketing of Lending Club, a leading direct lender with headquarters in San Francisco. Leading Lending Club’s borrower marketing efforts over the… Read More

July 24, 2015 @ 10:48 am By JD Alois  |  

  Orchard, the conduit platform for institutional money flowing into direct lending platforms, has published an update on the marketplace “Lendscape”.  Orchard is uniquely positioned to provide perspective into the evolving ecosystem because the majority of substantive marketplace lending platforms are plugged into their network…. Read More

July 23, 2015 @ 4:38 pm By JD Alois  |  

The inaugural Crowd Dialog Europe event is scheduled to take place next month in Helsinki, Finland. The conference is described as an “experts gathering” with participants from over 25 different countries who will meet to discuss the most recent developments in crowdfunding, crowdsourcing, and crowd-innovation.  Crowd… Read More

July 23, 2015 @ 2:30 pm By Samantha Hurst  |  

Seeking to help writers and publishers campaign organizers with their projects, Kickstarter offers up some tips on how to successfully create a great campaign pitch video. The crowdfunding platform declared: “A video is one of the first things your backers will see — but that… Read More

July 23, 2015 @ 1:19 pm By Samantha Hurst  |  

Just a few days after announcing its partnership with Kickstarter, The Smithsonian Institution received some supporters from a non-crowdfunding backer, D.C. congressional delegate Eleanor Holmes Norton. Norton introduced her bill to strengthen both the Smithsonian’s governance and fundraising capacity, marking the first significant change to the… Read More

July 23, 2015 @ 12:50 pm By Erin Hobey  |  

  Mine Shaft Brewing’s Crowdfunder campaign shares some enviable highlights with potential investors, including a team who kickstarted iconic Sam Adams, key customers and  partners, exciting Major League Baseball investor perks, MSB althletic ambassadors, strong leadership experience in beverage, finance, sales, and consulting.  Seeking to raise $9,400,000 by 31… Read More

July 23, 2015 @ 11:55 am By JD Alois  |  

KPMG and CB Insights have released a quarterly report on global VC funding and according to their data VC backed companies are booming.  In Q2 alone over $32 billion went toward 1819 deals.  This pushed VC funding globally to almost $60 billion. If you compare… Read More