General News

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

July 21, 2015 @ 9:45 am By JD Alois  |  

Mangopay is a shining star in the FinTech world of Europe. Founded by Céline Lazorthes, Mangopay has filled a void in the online payment / transaction space providing a white label solution that is quickly going global.  The European Crowdfunding Network (ECN), has announced that… Read More

July 21, 2015 @ 9:18 am By Samantha Hurst  |  

Charlotte’s digital marketing agency, Command Partners, announced it has enjoyed a large amount of growth so far in 2015. The agency has added at least one new employee in every department: Public Relations, Social Media, SEO, PPC Advertising and Client Services. Among the new hires is Rich… Read More

July 20, 2015 @ 5:19 pm By JD Alois  |  

Crowdfund Capital Advisors (CCA) has published a report on crowdfunding in partnership with the Chilean Minister of Economy and Multilateral Investment Fund. The document was authored to aid in the implementation of an effective financial ecosystem in Chile. Chile is a South American nation that… Read More

July 20, 2015 @ 9:55 am By Samantha Hurst  |  

Online pre-owned car retailer, Vroom, announced on Monday it has raised $54 million during a Series B funding round, bringing its total equity funding to date to $73 million. The investors in the round are Catterton (investors in major consumer retail brands such as Restoration Hardware and… Read More

July 20, 2015 @ 9:47 am By JD Alois  |  

Last month the National Angel Capital Organization (NACO) compiled historical data for the past few years and published a report on the growing early stage investing scene in Canada.  Authored by Paul Schure at the University of Victoria and NACO staffer Melissa Dodaro, the document provides… Read More

July 20, 2015 @ 7:18 am By JD Alois  |  

 Startupbootcamp FinTech, an accelerator focused on disruptive finance, has published the 10 international startups selected to join its London program. The finalists include teams from across Europe, America and Asia-Pacific. According to Startupbootcamp, half of the class is already generating revenue and the entire group has already raised… Read More

July 19, 2015 @ 10:16 am By JD Alois  |  

Wealthforge, a provider of investment crowdfunding services, has joined with Gar Wood Securities on Histogen‘s series D funding round. Wealth forge will serve as lead placement in the $18 million raise. This round will provide capital for development of its HSC program, including a US… Read More

July 18, 2015 @ 11:26 am By Samantha Hurst  |  

Last September, Omar Mamoon, owner of San Francisco’s DOUGH & Co., launched a Kickstarter to raise $35,000 for his small business. The company was started in 2013 and is described as a premier purveyor of quality egg-free cookie dough that can be enjoyed both baked and unbaked…. Read More

July 18, 2015 @ 7:39 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the United Kingdom has released its quarterly tally of P2P loans for Q2 and according to the association loans came in at £507,336,204. This is for both consumer and SME loans and represents an increase of £48,103,898… Read More

July 17, 2015 @ 3:48 pm By Samantha Hurst  |  

Last month, London start-up Pavegen successfully secured over £2 million during its equity crowdfunding campaign on Crowdcube. The company’s technology converts footsteps into electricity, making it possible to power services in high-footfall locations, as well as provide real-time data for analytics. While discussing Pavegen’s products, founder of Pavegen, Laurence Kemball-Cook, told Business Insider: “Each… Read More