General News

June 9, 2015 @ 10:02 am By JD Alois  |  

On June 19th, Title IV of the JOBS Act will finally become actionable for interested issuers.  Commonly referred to as Regulation A+, or “Reg A+”, this portion of the JOBS Act may be best described as a mini-IPO.  Reg A+ may be used by any… Read More

June 9, 2015 @ 9:14 am By Samantha Hurst  |  

eFileCabinet, Inc., the paperless document management company, has secured a $14M Series B funding round led by Palo Alto-based Allegis Capital and Salt Lake’s Signal Peak Ventures. eFileCabinet’s 153,000 users include SMBs and enterprises in the accounting, financial services, insurance, medical, HR, small government verticals… Read More

June 8, 2015 @ 2:13 pm By Samantha Hurst  |  

Direct Lending Investments LLC, a marketplace lending and investment firm, today announced that Bryce Mason will join the company as Chief Investment Officer. Direct Lending Investments is a marketplace lending and private investment firm that makes short-term, high-yield small business loans available in fund form to… Read More

June 8, 2015 @ 12:27 pm By Samantha Hurst  |  

Last year, Wong Fu Productions, a Los Angeles-based production company, took to global crowdfunding platform Indiegogo to raise $200,000 for its first feature film, Everything Before Us. During its 30-day funding round, the flick not only secured its initial goal, it also reached nearly $360,000 thanks to… Read More

June 8, 2015 @ 11:45 am By Samantha Hurst  |  

In an effort to help up and coming organizations get off the ground, Change.org and Indiegogo are joining forces to give step by step best practices in how to build and activate a community for causes. The platforms shared: “We’ll dive into the specific tactics and… Read More

June 8, 2015 @ 11:33 am By JD Alois  |  

GrowVC is a crowdfunding company that has taken a portfolio approach.  Recognizing that most finance is quickly migrating online, GrowVC is targeting all aspects of internet finance from debt to equity and advisory services.  Today the company has 10 different subsidiaries providing services in alternative… Read More

June 8, 2015 @ 10:47 am By JD Alois  |  

The Securities and Exchange Commission is celebrating 81 years of guiding financial markets this month. While there have been more than a few ups and downs since the ’34 Act that created the SEC (on June 6th), their mission remains true in guarding investors and… Read More

June 8, 2015 @ 9:07 am By JD Alois  |  

Business Agent, a UK based debt and equity crowdfunding aggregator, has appointed Bob Chase to its board of directors.  Chase joins the recent appointment of Stephen Hazell-Smith, one of the founders of AIM.  Business Agent has an expressed objective of becoming the UK’s stock market… Read More

June 6, 2015 @ 10:20 am By Samantha Hurst  |  

After the launch of their beta site and a successful Kickstarter campaign, Scopio, formerly known as Protestify, entered the realm of breaking events this week in an attempt to connect social media-savvy users with global events and large campaigns. Although the young company has changed its… Read More

June 6, 2015 @ 9:28 am By Samantha Hurst  |  

The third annual Do More 24 crowdfunding campaign powered by United Way of the National Capital Area (United Way NCA) raised more than $1.4 million in online donations and sponsor support on June 4 for hundreds of nonprofits serving the District of Columbia, Northern Virginia,… Read More

June 5, 2015 @ 4:28 pm By Samantha Hurst  |  

HWTrek, a platform that provides an ecosystem for digital electronics, announced this week that it has successfully raised $4 million during its series a funding round, which was led by WI Harper and ITIC. According to its description, HWTrek pairs manufacturing experts with project creators to help navigate the… Read More

June 5, 2015 @ 9:37 am By Samantha Hurst  |  

Crowdfunding platform, EquityNet, announced this week that it has surpassed $300 million in funds raised by entrepreneur members. Judd Hollas, founder and CEO of EquityNet, stated: “Once again, we’re very proud to announce the continuing growth of our platform and are delighted that so many… Read More

June 4, 2015 @ 4:37 pm By Samantha Hurst  |  

Earlier this week, equity crowdfunding platform, Seedrs, announced that it has been chosen to be the funding partner for the Welsh government’s Accelerate Growth Program, which is seeking £20 million. According to Tech City News, the program of training and mentoring is set to see up to 1,000 export-focused,… Read More

June 4, 2015 @ 4:20 pm By Erin Hobey  |  

“There is so much happening with peer to peer, crowd funding, bitcoin and block chain technology that it is taking the investment community and financial sector by surprise. We know the sector inside-out and provide a very easy way for investors to get started and… Read More

June 4, 2015 @ 3:57 pm By Samantha Hurst  |  

PENSCO, an alternative asset custodian for self-directed IRA investors, announced today that two members of its leadership team – Cynthia Weaver, executive vice president, institutional products and strategy, and Eileen Loustau, senior vice president, marketing, have been named by the San Francisco Business Times to its annual list, The… Read More

June 4, 2015 @ 2:43 pm By Samantha Hurst  |  

Money360, Inc., a peer-to-peer (P2P) commercial real estate (CRE) lending platform that brings together CRE borrowers and accredited investors, today announced the appointment of Patrick G. Brokaw to Vice President, Operations. Brokaw brings more than 25 years of executive and business leadership experience to Money360,… Read More

June 4, 2015 @ 11:44 am By Samantha Hurst  |  

BankMobile, a division of Customers Bank (NYSE: CUBI) and the first and only bank offering a no fee, mobile, online and tablet banking platform, today announced the winner of its first “BYOB – Build Your Own Bank” crowdsourcing contest. Stephanie Hallgarth was selected after winning… Read More

June 4, 2015 @ 9:11 am By Samantha Hurst  |  

Three UK entrepreneurs, who launched their business thanks to funding from Virgin StartUp, are celebrating after winning the opportunity of a lifetime to develop their business growth strategy in the sky with Sir Richard Branson. They will also gain further financial advice from Rob Love,… Read More

June 4, 2015 @ 7:19 am By Erin Hobey  |  

“We’re delighted to announce this strategic partnership with Catena Investments while The Funding Network continues to grow and mature. As our monthly transaction volume exceeds $35 million it is right that we keep pushing for more professionalism,” said Korstiaan Zandvliet, co-founder and CEO of Symbid Corp. “With Catena on… Read More

June 3, 2015 @ 1:11 pm By Erin Hobey  |  

Cityvarasto, the largest self storage company in Finland, aims to broaden its shareholder base for future listing on the Nasdaq First North. The company launched its Invesdor equity crowdfunding campaign goal to raise what now seems to be a modest 100,000 – 300,000 € goal for 0.41 – 1.21 % equity… Read More