General News

July 23, 2015 @ 11:25 am By Samantha Hurst  |  

On Thursday, crowdfunding platform EquityNet announced the release of new crowdfunding statistics for 2015 based on a sampling of over 15,000 U.S. businesses listed on EquityNet from 2007 to present day. Judd Hollas, founder and CEO of EquityNet stated: “EquityNet has been a leader when it comes to tracking the… Read More

July 23, 2015 @ 11:09 am By Samantha Hurst  |  

LendingPoint, an online direct loan provider, is excited to announce that it has added global payments industry expert Charlie Fote to its board of directors. Fote brings nearly four decades of global market leadership, as CEO and Founder of the Fotec Group, a company at the… Read More

July 23, 2015 @ 11:09 am By Erin Hobey  |  

In order to grow their startup best-selling stevia sweetened iced tea Naturbursche, entrepreneurs Britta Henkelmann and Dagmar Hemschenherm partnered with Companisto for their newly launched equity crowdfunding campaign.  Prevalued at 1,500,000 €, Naturbursche seeks to raise a minimum of 50,000€ on its campaign; in just two days,… Read More

July 23, 2015 @ 10:35 am By Samantha Hurst  |  

SmartAsset, a personal finance technology company, and EVEN Financial, a supply-side platform for Marketplace Lending, today jointly announced a strategic partnership aimed at helping consumers find the best personal loans. Ian Rosen, EVEN Financial CEO, explained: “Our tools allow companies like SmartAsset to easily offer their… Read More

July 23, 2015 @ 10:34 am By Erin Hobey  |  

Orios Venture Partners, an India-based early-stage VC firm floated by serial investor Rehan Yar Khan, announced a new US$150 million fund according to e27. The new fund (Fund II) will primarily focus on startups working in the fintech, B2B commerce, used merchandise and affordable products spaces, as well… Read More

July 23, 2015 @ 10:12 am By Erin Hobey  |  

Capify, formerly AUSvance, will serve as an international conglomerate provider of unsecured alternative finance solutions to SMEs. Capify,  powered by a proprietary technology and analytics platform, today announced its global rebrand aiming to become the most diverse, worldwide alternative SME financing platform. Headquartered in the… Read More

July 23, 2015 @ 10:11 am By Samantha Hurst  |  

Dealstruck, the online lender that provides lending solutions for small businesses at every stage of their lifecycle, today announced that it received another $10 million capital investment from Community Investment Management LLC (“CIM”), an investment firm focused on marketplace lending. This investment allows Dealstruck to… Read More

July 22, 2015 @ 3:20 pm By Samantha Hurst  |  

Golden Pacific Capital is offering $10M equity participation in a professionally-managed, leveraged investment fund through real estate crowdfunding platform, Crowdflipr. This project is focused on the acquisition and rental of Kansas City (“KC”) single family residence (“SFR”) real estate. The KC Distressed SFR Fund is based on its… Read More

July 22, 2015 @ 2:16 pm By Samantha Hurst  |  

In celebration of its 20 years of Tech, CNET recently featured experts to share details about the growth of the industry. One of those was Indiegogo’s CEO and co-founder, Slava Rubin. In his article, Crowdfunding lets people decide which products matter, Rubin shared details about Indiegogo: “Innovation… Read More

July 22, 2015 @ 12:19 pm By Samantha Hurst  |  

This week, crowdfunding platform Indiegogo announced that it has formed a partnership with Draper University that will allow applicants/potential students to crowdfund for their tuition The site shared: “At our site, you can see campaigns from budding entrepreneurs who explain why they want to attend… Read More

July 22, 2015 @ 9:52 am By JD Alois  |  

OTC Markets has completed the rollout of OTCQB Venture Market, according to a company report. The marketplace claims 1,033 securities with an aggregate market capitalization of $74.2 billion. OTC states that 48 U.S. states and territories and 25 countries are using the marketplace. The OTCQB continues… Read More

July 22, 2015 @ 9:18 am By Samantha Hurst  |  

Symbid, an online funding platform for start-ups and small businesses, announced on Wednesday the addition of four new members to its Board of Directors. The new members include former MD of Deutsche Telekom Hendrik Kasteel, former Sanoma COO Michiel Buitelaar, former Morgan Stanley officer Jérôme Koelewijn… Read More

July 22, 2015 @ 6:42 am By JD Alois  |  

VPC Specialty Lending Investments (LSE: VSL) has announced that it has invested net IPO proceeds into 16 different direct lenders, in the US, UK and Europe, covering both the consumer and SME loan space. VPC states that it continues to execute on its capital deployment… Read More

July 21, 2015 @ 3:31 pm By Samantha Hurst  |  

Credit Benchmark, the independent source of consensus credit risk information, today announces substantial new Series B funding and its expansion into the US. It is also set to launch its service to contributing banks, with the first release of its consensus data. The $20 million… Read More

July 21, 2015 @ 2:15 pm By Erin Hobey  |  

Mara produces an award-winning range of shake-on seaweed seasonings – healthy salts – marketed as “Flavours of Scotland.” Best Producer Finalist in 2015 BBC Food & Farming Awards, Mara launched in London’s iconic upscale retailer Harrods in 2014 and is now on sale in M&S… Read More

July 21, 2015 @ 1:29 pm By Samantha Hurst  |  

Trulioo, a provider of online identity verification for the international market whose clients include Kickstarter, Stripe, Square and PayPal, announced that identity and fraud industry expert Jon Jones has been appointed as President. Jones is an accomplished leader in the fraud, compliance and identity space having… Read More

July 21, 2015 @ 1:28 pm By Erin Hobey  |  

Small business alternative lending company Merchant Cash and Capital (MCC) and its family of companies, including the newly launched Bizfi, announced the origination of more than $115 million in business financing in the second quarter of 2015. This represents a 79 percent increase from Q2 2014 and a more… Read More

July 21, 2015 @ 12:55 pm By Erin Hobey  |  

Fintech company Revolut has raised £1.5m in a funding round led by leading tech VC house Balderton Capital, reported TechWorld’s Sam Shead. Funding will be used to launch the business’ money transfer app on iOS and Android. Revolut’s technology allows people to transfer money through a… Read More

July 21, 2015 @ 11:31 am By Samantha Hurst  |  

Earlier this month, mountable glue company Sugru successfully raised over £3.5 million through UK’s equity crowdfunding platform, Crowdcube. The project broke two funding records – largest single investment (£1 million) and widest reach with shareholders found in 68 countries. Now, Sugru’s CEO Jane ni Dhulchaointigh is… Read More

July 21, 2015 @ 11:12 am By Samantha Hurst  |  

Maples Fund Services, an independent global fund services provider and division of MaplesFS, has announced the opening of its office in San Francisco, its first on the west coast. The expansion further solidifies the firm’s North American presence and bolsters its service offering for clients… Read More