General News

June 16, 2015 @ 12:38 pm By Erin Hobey  |  

Washington D.C.-based Rare Genomics Institute  today announced a 30-day Crowdfunding Bootcamp to help rare disease patients raise funds for high-end exome sequencing to pinpoint the cause of their disease and map possible treatments.  The training session is an integral part of Amplify Hope, a new… Read More

June 16, 2015 @ 12:03 pm By Samantha Hurst  |  

Continuing its global expansion, crowdfunding giant Kickstarter announced that it has opened shop for five European countries: Austria, Belgium, Italy, Luxembourg, and Switzerland. Kickstarter revealed on Tuesday: “We’re thrilled to announce that Kickstarter is now available to creators in five more European countries: Austria, Belgium,… Read More

June 16, 2015 @ 11:29 am By Samantha Hurst  |  

Azimo, the London based digital money transfer service, announced today that it has raised an additional $20 million in its Series B Round. The funding will advance the company’s mission to be the world’s leading low-cost, mobile and social money transfer service. The funding round was led… Read More

June 16, 2015 @ 10:16 am By Samantha Hurst  |  

Tumblbug, South Korea’s crowdfunding platform for independent creators, has raised 1.7 billion KRW (just over US$1.5 million) in Series A funding led by DCM Ventures, Naver and Strong Ventures. Tumblbug is considered one of the country’s fastest growing crowdfunding platform with 65 percent of the more than… Read More

June 16, 2015 @ 9:53 am By Samantha Hurst  |  

Mindful Crowd has launched its new equity-based hybrid VC/crowdfunding platform. The new platform offers accredited investors the opportunity to directly invest in disruptive, advanced technology companies making a positive impact by improving our health, environment, and lifestyles. This is the first time a venture fund will open… Read More

June 16, 2015 @ 7:56 am By Erin Hobey  |  

In the news again, Startupbootcamp, a European accelerator, today announced the launch of the Startupbootcamp Insurance accelerator program. Based in London, the program invites global startups from across different areas within insurance, including retail insurance, corporate risk management, re-insurance, back-office efficiency and new risk models, to… Read More

June 15, 2015 @ 1:48 pm By JD Alois  |  

Mangopay, part of the Paris based company Leetchi Group founded by entrepreneur Céline Lazorthes, has announced topping €200 million in payments. Mangopay offers a white label payments platform and has targeted the crowdfunding and online marketplace space.  The company set up shop in the UK this past January and… Read More

June 15, 2015 @ 9:34 am By Samantha Hurst  |  

A survey conducted with the global fintech community by Startupbootcamp FinTech, an accelerator focused on financial innovation and part of the global Startupbootcamp network, finds that London has further increased its position as the world’s leading city in fintech. 63% of respondents selected London compared to… Read More

June 15, 2015 @ 9:27 am By Samantha Hurst  |  

NeuroMetrix, Inc. (NASDAQ:NURO) announced the full commercial launch of Quell, which is now available on the its product website at QuellRelief.com and at select physicians’ offices. Earlier this year, the device had debuted through a pre-order campaign on Indiegogo and met its $100,000 goal in less than two days. It achieved… Read More

June 15, 2015 @ 9:16 am By Samantha Hurst  |  

In an effort to help startups get off the ground, Rob Love of UK’s reward-based crowdfunding platform, CrowdfunderUK has teamed up with Virgin’s founder, Sir Richard Branson, Julie Deane of the Cambridge Satchel Company and Rapha’s Tom Wood to offer up tips on how to be successful in the business world…. Read More

June 12, 2015 @ 6:45 pm By Erin Hobey  |  

One of the companies planning to build a Hyperloop test track has begun receiving its first set of test tubes, reported Tech Insider’s Cadie Thompson. Hyperloop Technologies, which is located in the arts district of downtown L.A., tweeted dramatic images of the tubes. In March,  Hyperloop Transportation Technologies… Read More

June 12, 2015 @ 1:34 pm By Samantha Hurst  |  

ShapeShift AG, an exchange service for digital assets, has suspended service to all residents of New York State, effective immediately, following the release of the “BitLicense” regulation by the New York Department of Financial Services. The company explained that New York’s new anti-competitive licensing scheme, which targets a… Read More

June 12, 2015 @ 1:20 pm By Erin Hobey  |  

Yesterday, the Malaysian Securities Commission (MSC) has approved of six equity crowdfunding (ECF) platforms to start their operations by the end of the year. Today updates and further comments were shared by key innovators regarding the approval. “It is timely to further widen access through innovation in financial… Read More

June 12, 2015 @ 1:11 pm By Samantha Hurst  |  

Back in April, the country of Nepal was devastated by earthquake that killed more than 8,800 people and injured more than 23,000. This caused various organizations to spring into action and launch campaigns on crowdfunding platforms to help those in need. Now, nearly 60 days later, various… Read More

June 12, 2015 @ 12:49 pm By Erin Hobey  |  

  Asian Crowdfunder launched its Malaysian platform with three projects, while also indicating the platform is in the process of starting in Singapore, Indonesia and Thailand, according to Digital News Asia.  Cofounded by Frank Holle of Quant Asset Management Pte Ltd, Graham Paling of Mongoose Publishing and Kenneth… Read More

June 12, 2015 @ 11:40 am By Erin Hobey  |  

Squirrel, Tento, Swave, Bubbal and Mentat have been awarded up to £35,000 each to solve real-world problems as winners of Innovate UK’s IC tomorrow Fintech Innovation Contest, according to brand-e. In addition to funding from Innovate UK, each will work in partnership with industry and government bodies… Read More

June 12, 2015 @ 11:32 am By Samantha Hurst  |  

On Friday, Gurgaon-based peer-to-peer lending platform Faircent announced it has raised ₹250,000 in its pre-series A round, which was led by M&S Partners Pte. Ltd. Faircent is said to be India’s largest P2P lending site.  The platform has been in operation since mid 2014 and… Read More

June 12, 2015 @ 9:59 am By JD Alois  |  

OTC Markets has published proposed new rules and standards for companies seeking to use newly adopted “Regulation A+,” or Title IV of the JOBS Act.  The objective is to have companies using this new exemption  to list their securities on OTCQX Best or OTCQB Venture… Read More

June 12, 2015 @ 9:15 am By JD Alois  |  

Winning a £1 million prize is no small thing.  On June 26th, Richard Branson will reveal the winning company in each category in a live event in London.  Pitch to Rich 2015 is now in the semi-finalist round after winnowing it down from thousands to… Read More

June 12, 2015 @ 9:12 am By Samantha Hurst  |  

Utah-based insurance reimbursement company, Zane Benefits, announced that it has closed a $1.5 million equity financing from existing investors, with participation from Kickstart Seed Fund and Royal Street Investment and Innovation Center. The equity round will provide funding to accelerate Zane’s rapid revenue growth and the… Read More