General News

June 17, 2015 @ 2:17 pm By Samantha Hurst  |  

Seema Paterson, head of corporate affairs at Edinburgh’s peer-to-peer lender LendingCrowd, has been appointed director of UK Crowdfunding Association. According to DailyRecord, Paterson joined LendingCrowd last December from Tangent Communications Plc, where she was head of corporate development and investor relations. Prior to Tangent, Paterson was a managing director of… Read More

June 17, 2015 @ 11:47 am By Samantha Hurst  |  

Earlier this week, South West accounting firm, Harland Accountants, announced that it is set to sponsor two upcoming campaigns on CrowdfunderUK: Crowdfund Devon and Cornwall. According to the crowdfunding platform, the firm is currently planning to offer free specialist tax and business advice for both… Read More

June 17, 2015 @ 10:44 am By Samantha Hurst  |  

In honor of the LGBTQ pride month, Indiegogo announced a special event for the community, which will be held this Thursday at its headquarters in San Francisco. Global crowdfunding platform shared: “We will feature a panel where a few individuals discuss their perspective on what it’s… Read More

June 17, 2015 @ 10:13 am By Samantha Hurst  |  

StreetShares, the peer-to-peer lending marketplace for small business loans, today announced a strategic partnership with The Company Corporation that will enable both companies to provide products, services and financing solutions to small business owners, with a special focus on U.S. Military veteran entrepreneurs. As the… Read More

June 17, 2015 @ 9:53 am By Samantha Hurst  |  

Global payment gateway BlueSnap announced today that Sensibo, maker of a smart air conditioning system, has chosen BlueSnap to process eCommerce payments globally. In the first month with BlueSnap, Sensibo has already accepted orders from customers in 35 countries. Sensibo is a device that connects… Read More

June 16, 2015 @ 2:00 pm By JD Alois  |  

The New York Times Dealbook section published an article yesterday about Goldman Sachs entering the peer to peer, or marketplace lending space. This was really old news as Quartz had covered it soon after Harit Talwar announced his departure from Discover in April.  Shelly Banjo… Read More

June 16, 2015 @ 1:56 pm By Erin Hobey  |  

Previously overfunded at 169%, Workabode (formerly One City) overfunded in its second crowdfunding round on Crowdcube, aiming to disrupt of the approximately £11B shared workspace market via the “Workplace as a Service” (WAAS) market. To date, Workabode has surpassed its £150,000 target goal for 5.00% equity offered, raising just over £151,045 with the help of… Read More

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