General News

July 1, 2015 @ 1:00 pm By Samantha Hurst  |  

Blue Medora, an innovator in the cloud systems management space, today announced a $4.6 million Series A round of venture capital funding. The round was led by Ann Arbor-based Michigan eLab, with participation from current investors Start Garden, Grand Angels and other equity holders. The investment brings Blue Medora’s total funding to $6… Read More

July 1, 2015 @ 11:56 am By Samantha Hurst  |  

Edyn, the smart garden system that allows you to interact with and nurture your garden like never before, today announced general availability in North America for its flagship product, the Edyn Garden Sensor. Edyn educates users about their garden by collecting real-time data through the… Read More

July 1, 2015 @ 11:30 am By Samantha Hurst  |  

Following it’s $2.5 million Series Seed Preferred round funded by Arsenal Capital Management, SYNEK (‘sin-eck’), the developer of the FDA-approved SYNEK Draft System – a portable countertop beer dispenser that can be filled from any tap – today launched its four-month-long Great North American Expedition tour that will visit 35… Read More

July 1, 2015 @ 9:47 am By Samantha Hurst  |  

RCS Capital Corporation (NYSE:  RCAP) (“RCS Capital”) announced on Tuesday that it has agreed with its first and second lien lenders under its existing credit facilities to certain leverage ratio covenant amendments in addition to other modifications. Michael Weil, Chief Executive Officer of RCS Capital, commented: “We… Read More

July 1, 2015 @ 9:33 am By Samantha Hurst  |  

According to a survey by the National School Supply and Equipment Association, public school teachers spend $1.6 billion out of pocket each year for supplies and gear for their classrooms. To help alleviate these expenses and ensure that children in every community have the tools and experiences… Read More

June 30, 2015 @ 3:30 pm By Samantha Hurst  |  

Giving employees a chance to share their ideas, tech giant Sony announced its very own crowdfunding platform, First Flight, that’s dedicated to plans inside its company. According to Wall Street Journal, although Sony has resolved its financial issues and expects to make a huge comeback… Read More

June 30, 2015 @ 1:32 pm By Samantha Hurst  |  

Giving others an insight on the crowdfunding industry, Crowdcube’s Darren Westlake sat down with Business Money to discuss the UK platform and the funding method’s growth. During the interview, Westlake revealed that he is on a mission to bridge the gap between old school investors and new… Read More

June 30, 2015 @ 12:21 pm By JD Alois  |  

Alternative Business Funding (ABF) has a growing portfolio of members each with a service to provide access to capital for SMEs. The internet finance providers range from debt to equity, short to long term loans, and more.  The list of collaborators is a who’s who… Read More

June 29, 2015 @ 7:12 pm By Samantha Hurst  |  

Kickstarter has achieved a major victory in federal court today, marking the end of a four-year-long patent dispute. In 2011, ArtistShare, which was founded Brian Camelio, was issued a patent for “Method and Apparatuses for Financing and Marketing a Creative Work,” claiming “a system and method for… Read More

June 29, 2015 @ 4:36 pm By Samantha Hurst  |  

Following the announcement of its latest funding round, sources at TechCrunch revealed that the crowdfunding platform GoFundMe’s value is now at around the range of $600 to $650 million. As previously reported, GoFundMe confirmed that it has received some high-profile attention during its round: “Our mission at GoFundMe is to change… Read More

June 29, 2015 @ 4:11 pm By Samantha Hurst  |  

Ready to start expanding, BrewDog announced on Monday its plans to open its North American headquarters and first production facility outside the UK in Canal Winchester, which is located in the Columbus, Ohio region. This news comes just weeks after the brewery revealed its keen interest… Read More

June 29, 2015 @ 2:56 pm By Samantha Hurst  |  

Ready to open up about her career in a male-dominate industry, Indiegogo’s director of UK technology and design, Anastasia Emmanuel sat down with Marketing Magazine to weigh in on topics, including her presence in technology world and women’s workplace rights. During her interview, Emmanuel shared details… Read More

June 29, 2015 @ 1:44 pm By Samantha Hurst  |  

Exploding Kittens backers, get ready! This weekend, Oatmeal’s Matthew Inman along with Xbox’s Elan Lee and Shane Small, shared an update about when everyone can expect the highly anticipated card game. Exploding Kittens is a highly strategic kitty-powered version of Russian Roulette. Players take turns drawing cards until someone… Read More

June 29, 2015 @ 12:02 pm By Samantha Hurst  |  

RealtyMogul, the online peer-to-peer marketplace for real estate investing, announced today the addition of Ryan Sakamoto as its in-house general counsel. Sakamoto will be responsible for overseeing all key legal affairs for the company including investment and securities transactions, contracts and compliance matters for RealtyMogul. Jilliene… Read More

June 29, 2015 @ 10:47 am By Samantha Hurst  |  

ENDVEST, a real estate investment and crowdfunding platform, officially launched earlier this month. The founding partners, are described as a New York-based team with a combined eight decades of real estate experience, aim to revolutionize the process of global real estate investment. By pairing developers… Read More

June 29, 2015 @ 9:46 am By Samantha Hurst  |  

Lufax, China’s finance marketplace, announced today that its flagship P2P marketplaces have reached 10 million registered users. Gregory Gibb, Chairman and CEO of Lufax, stated: “We are excited to achieve this significant milestone. Our growth continues to accelerate as Lufax users experience the security, innovation and convenience… Read More

June 29, 2015 @ 9:20 am By Samantha Hurst  |  

Money360, Inc., an online peer-to-peer (P2P) commercial real estate lending platform, announced on Monday it has closed a $6.75 million commercial real estate loan in Chicago, which was funded by an institutional investor.  The two-year loan was made to an investment firm that focuses on operating… Read More

June 29, 2015 @ 9:11 am By Samantha Hurst  |  

Over the weekend, Indiegogo success film Batkid Begins debuted on the big screen to share the heroic story of six-year-old Miles Scott aka Batkid. Batkid Begins follows the events leading up to the day Batkid saved San Francisco and what happens when an event goes unintentionally viral. Ultimately,… Read More

June 29, 2015 @ 7:43 am By JD Alois  |  

VPC Specialty Lending Investments (LSE:VSL), has released a statement that the company has invested 87% of net IPO proceeds which is “significantly ahead of the target to be substantially fully invested within six months of admission.”  VPC invests in peer to peer or direct lending… Read More

June 29, 2015 @ 7:32 am By JD Alois  |  

Created to bring together companies which are using innovative operational, technological or economic business models  in the financial services industry, 36 companies have formed a new association named France FinTech. Chaired by Alain Clot, the new entity is said to welcome all business using or creating innovative and disruptive… Read More