General News

July 7, 2015 @ 10:38 am By Samantha Hurst  |  

Specialty social media and gaming network CrowdGather, Inc. (OTCQB:CRWG) today announced financial results for the fiscal year ended on April 30th. CrowdGather reported revenues of $2,399,842, compared to revenues of $1,537,051 reported for fiscal 2014. Gross profit for the fiscal year ended April 30, 2015,… Read More

July 7, 2015 @ 9:54 am By JD Alois  |  

Great Lakes Fund Solutions (GLFSI), has released a new SaaS platform to power online private placements. The white label crowdfunding platform is called CrowdKey.  The new software is designed to speed time to market for new portals seeking to take advantage of the JOBS Act… Read More

July 7, 2015 @ 7:41 am By JD Alois  |  

investUP has hired Paul Staples as Senior Business Advisor. Paul joins investUP after seven years as head of global custody commercial product EMEA at J.P. Morgan, alongside his mentor and advisory role for FinTech startups. Paul began his career as an analyst at Goldman Sachs, working in… Read More

July 6, 2015 @ 10:17 am By Samantha Hurst  |  

Quickly following the closing of its successful equity crowdfunding campaign on Crowdcube, London start-up Pavegen announced that it has appointed former Apple Executive Jeff Martin to its advisory board. Pavegen’s technology converts footsteps into electricity, making it possible to power services in high-footfall locations, as well as provide… Read More

July 6, 2015 @ 10:07 am By JD Alois  |  

Millennium Trust is a large IRA custodian you probably have never heard of unless you are in a similar business or a client of the firm. Headquartered in Chicago, Millennium Trust operates nationally but has set it sights on getting far bigger. The privately held… Read More

July 5, 2015 @ 10:38 pm By JD Alois  |  

EuroNext subsidiary EnterNext will launch TechShare, a new project designed to aid fast growing tech companies in Europe. TechShare is a pan-European course created by EnterNext to familiarize SMEs with capital markets and prep them to take their companies to market. EnterNext is a stepping… Read More

July 4, 2015 @ 10:04 am By Samantha Hurst  |  

Offering up his insights about crowdfunding, Crowdcube co-founder Luke Lang sat down with International Business Times to share details about the funding method and why so many are turning to it for their businesses/projects. While discussing the difficulties entrepreneurs have to finding angel investors to give to their… Read More

July 3, 2015 @ 11:35 am By JD Alois  |  

The European Crowdfunding Network (ECN), recently met in Lisbon, Portugal, where they announced their new Board of Directors.  In conjunction with this meeting, the new board has published an updated Code of Conduct for platforms, alongside a Charter of Crowdfunding Rights users. The two documents… Read More

July 3, 2015 @ 8:00 am By Samantha Hurst  |  

Impacting the lives of military families across the nation, Children of Fallen Patriots Foundation (Fallen Patriots) seeks to bridge the gap in the cost of college education for children who lost a parent in the line of duty. Beginning today, Fallen Patriots is kicking off its… Read More

July 2, 2015 @ 6:54 pm By Samantha Hurst  |  

On Friday, New Zealand’s equity crowdfunding platform PledgeMe announced the launch of its second round of funding. It is currently seeking to raise a minimum of $250,000 so that it can continue its expansion. CEO Anna Guenther stated the crowdfunding platform has seen massive growth since its… Read More

July 2, 2015 @ 4:57 pm By Samantha Hurst  |  

Amber Roof, sister of the alleged Charleston Church shooter, Dylann Roof, recently launched a crowdfunding campaign on GoFundMe to raise $5,000 for her wedding to Michael Tyo along with honeymoon. Last month, Dylann walked into Emanuel African Methodist Episcopal Church and killed nine people, including the senior pastor, state senator Clementa… Read More

July 2, 2015 @ 3:57 pm By Samantha Hurst  |  

This week, New York-exclusive real estate crowdfunding platform, CityFunders, announced it is seeking investors for a new residential project located in Long Island City. The crowdfunding platform was founded by Jerry Swartz, Ayush Kapahi, along with brothers Albert and David Behin and launched last month. The platform is… Read More

July 2, 2015 @ 12:46 pm By Samantha Hurst  |  

Hoping to gather more backers to the cause, Indiegogo revealed how much a campaign supporting Greece has raised since the country missed its €1.6 billion ($1.8 billion) payment due to the International Monetary Fund. The famous crowdfunding platform shared: “The debt crisis in Greece has been all over the news… Read More

July 2, 2015 @ 11:51 am By Samantha Hurst  |  

On Wednesday, the Entrepreneurs’ Organization (EO), a peer-to-peer community of entrepreneurs, welcomed Gilberto Crombe as its new chairman of the global board of directors for FY2015/2016. Crombe’s tenure as chairman will focus on bringing together EO’s global network while driving the organization’s strategic initiatives—and the leading entrepreneurs it… Read More

July 2, 2015 @ 11:44 am By Samantha Hurst  |  

UK-based Coinfloor is announcing the launch of its broker based bitcoin marketplace. Coinfloor Market offers UK retail investors and consumers the ability to buy bitcoins and gain exposure to digital currency innovation in a secure environment. The announcement follows an event in London, where Coinfloor met… Read More

July 2, 2015 @ 10:54 am By JD Alois  |  

Cloud banking tech provider Mambu has forged an agreement with the Ferratum Group to power “Ferratum Business”.  This new subsidiary is a designed to provide SME financing and loan service. Mambu’s cloud based, SaaS, will help manage loan application, origination, credit scoring and loan disbursement… Read More

July 2, 2015 @ 7:47 am By JD Alois  |  

The Peer to Peer Finance Association (P2PFA) in the UK has shared they will be partnering with Lendit on their annual conference to be held in London this coming October. Lendit has captured solid acclaim for its US conferences targeting the marketplace lending / peer… Read More

July 1, 2015 @ 3:27 pm By Samantha Hurst  |  

Rapid manufacturer Proto Labs has announced the addition of Andrew Erlick, Director of Hardware, Design and Technology at Indiegogo, to its Cool Idea! Award panel of judges. The award program, in its fifth year, was established to help product designers and engineers bring useful concepts… Read More

July 1, 2015 @ 2:32 pm By Samantha Hurst  |  

Following its “Pitch to Rich,” equity crowdfunding platform Crowdcube announced that its #FundedClub has been recognized by the UK Business Angels Association. The website shared: “The UKBAA Angel Investment Awards is a celebration of the acievements of some of the UK’s most exciting angel-backed businesses and angel investors. This… Read More

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

Project Hustle, the crowdfunding-inspired program by vitaminwater, held a nationwide search for aspiring entrepreneurs, artists-in-training, dreamers and future film directors to find the next idea that breaks the status quo, glass-ceiling, or simply, the Internet. Each finalist has the opportunity to see whether their dreams… Read More