General News

June 11, 2015 @ 9:11 pm By JD Alois  |  

The Federal Trade Commission (FTC) settled charges today with a crowdfunding campaign creator that failed to deliver promised perks to backers. Erik Chevalier, doing business as the Forking Path Company, successfully raised over $122,000 from 1,246 backers.  Instead of using the money to fulfill his… Read More

June 11, 2015 @ 4:31 pm By Samantha Hurst  |  

RealtyMogul, an online capital markets portal for real estate investing, announced today that it had successfully completed its equity capital raise for a multi-tenant medical office building in a large metropolitan area in Texas. RealtyMogul’s accredited investors used its peer-to-peer marketplace to help purchase the property…. Read More

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

Lending Loop, a new business lending marketplace, has opened its doors to businesses across Canada, aiming to be the first platform that connects businesses seeking capital with Canadian lenders. The financial technology start-up received its first round of financing from the Kirsh Group, and intends on… Read More

June 11, 2015 @ 11:02 am By Samantha Hurst  |  

Hokkei, a new Cardiff based restaurant launched by two MasterChef finalists Dale Williams and Larkin Cen, recently launched an equity crowdfunding campaign to raise £275,000 on Seedrs. As previously reported, Williams and Cen are looking to share 25% of the business, which aims to flip… Read More

June 11, 2015 @ 10:38 am By Samantha Hurst  |  

Specialty social media and gaming network, CrowdGather, Inc. (OTCQB:CRWG), announced that entrepreneurs from the cannabis sector, Carmen De Jesus and Nicco Reggente will serve as newly appointed members of CrowdGather’s advisory board. De Jesus is the Director of Strategic Solutions at Verdus, a cannabis holding company…. Read More

June 11, 2015 @ 10:14 am By Samantha Hurst  |  

This week, Tinnus Enterprises, LLC and Zuru Ltd. filed a suit in U.S. Federal Court against Telebrands Corp. and Bed Bath & Beyond Inc. alleging infringement of U.S. Patent 9,051,066. In case number 6:15-cv-00551 filed in the Eastern District of Texas, the plaintiffs allege that Telebrands’… Read More

June 10, 2015 @ 9:36 pm By JD Alois  |  

In a little over a week Title IV of the JOBS Act, commonly called Reg A+, will become actionable.  We are already hearing chatter about companies planning on using the new exemption. Whenever a new chapter is written in the Securities Law Book there is… Read More

June 10, 2015 @ 3:52 pm By Samantha Hurst  |  

Mercator Advisory Group’s latest research, An Introduction to Peer-to-Peer Lending: A European Perspective analyzes the new and fast growing payments segment peer-to-peer (P2P) lending and the business models underpinning it. The report focuses on P2P lending providers in the European market, in particular the U.K., profiling the leaders… Read More

June 10, 2015 @ 12:55 pm By Erin Hobey  |  

The equity crowdfunding market is worth over £50 million a year in the UK, doubling in size last year as an increasing number of individuals look for an alternative place to invest their capital. Despite its size however, there is very little research into market… Read More

June 10, 2015 @ 12:21 pm By Erin Hobey  |  

Hamburg-based delicacy box start-up Foodist, which was co-founded in 2012 by Alexander Djordjevic and Ole Schaumberg, has experienced strong growth over the last two years and has increased the number of monthly subscribers from 350 to as many as 14,000. As Foodist wants to keep… Read More

June 10, 2015 @ 11:47 am By Samantha Hurst  |  

This week, UK equity crowdfunding platform Crowdcube announced that three of its funded club businesses have been selected as Pitch to Rich 2015 finalists. The platform declared: “We are delighted to announce that three of our #FundedClub businesses have reached the semi-finals of Richard Branson’s Pitch… Read More

June 10, 2015 @ 11:06 am By Samantha Hurst  |  

Community Investment Management (“CIM”), an impact investment firm focused on marketplace lending, announced today a Clinton Global Initiative America (CGI America) Commitment to Action to provide $300 million of responsible and transparent financing to 9,500 small businesses in the United States over the next two years. CIM’s capital will be… Read More

June 9, 2015 @ 7:01 pm By JD Alois  |  

Several publicly traded companies have sent a letter to Representatives Scott  Garrett and Carolyn Maloney addressing the hot topic of venture exchanges.  The subject of venture exchanges has been making the rounds on Capital Hill, and at the SEC, as policy makers search for the best path to create liquidity… Read More

June 9, 2015 @ 4:47 pm By Samantha Hurst  |  

In an effort to expand globally, independent brewery BrewDog, announced it has plans to acquire land in Columbus, Ohio for a first brewery outside of Scotland. Reportedly, BrewDog stated that Columbus is one of two cities it was looking at for in its U.S. operation search. It was also revealed that the brewery… Read More

June 9, 2015 @ 1:16 pm By Samantha Hurst  |  

Equity crowdfunding platform, OurCrowd, announced the launch of OurCrowd First, a specialized $10 million global early stage fund focusing on seed and Pre-A round startups. With its OurCrowd First fund, the funding portal will leverage its established infrastructure to bring equity crowdfunding to approximately 20+ seed-stage companies providing OurCrowd investors… Read More

June 9, 2015 @ 12:00 pm By JD Alois  |  

Crowdfunding success Tile has received a capital infusion from Khosla Ventures in the amount of $3 million. The “Series A extension” comes at a time when the young company reports it has shipped over 2 million devices as it closes in on its 2nd anniversary…. Read More

June 9, 2015 @ 11:49 am By Samantha Hurst  |  

Daum Kakao, the mobile lifestyle platform company behind Kakao Talk, announced the acquisition of Tangram Design Lab, taking a 51% stake in the UX design agency. Tangram Factory, the partner company and maker of Smart Rope, will continue to operate as an independent brand, with… Read More

June 9, 2015 @ 10:59 am By Samantha Hurst  |  

RealtyMogul, an online marketplace for real estate investing, announced today that it had successfully financed the Woodland Park Estates, a multi-family apartment community located in Portland, Oregon. Realty Mogul’s accredited investors used its online peer-to-peer platform to help the project’s sponsor, Trion Properties, purchase the property. Jilliene… Read More

June 9, 2015 @ 10:46 am By Samantha Hurst  |  

Symbiont, one of the creators in smart securities on the blockchain, has secured $1.25M of seed funding. Early investors include Duncan Niederauer, former CEO of the NYSE Euronext; Matt Andresen, founder of the Island ECN and trading head at Citadel; Getco, LLC founders Dan Tierney and Stephen Schuler through Wicklow Capital; Scott Carmilani, Chairman… Read More

June 9, 2015 @ 10:31 am By Samantha Hurst  |  

Money360, Inc., an online peer-to-peer (P2P) commercial real estate lending platform, announced that it has funded and closed a $3.1 million commercial real estate loan in Palm Desert, California. Money360 was able to expedite the closing of the loan in just 10 business days to… Read More