General News

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

June 3, 2015 @ 9:48 am By Erin Hobey  |  

In April, Invesdor, an investment crowdfunding platform based in Helsinki, claimed the first EU license MiFID licence by financial authorities, to expand debt and equity crowdfunding services across all 31 EU and EEA countries. This level of operational license is part of the European Commission’s drive to harmonize financial regulations… Read More

June 3, 2015 @ 9:23 am By Erin Hobey  |  

P2P-Banking.com posted original research of loan originations for May on its site.  Zopa tops the list with 57M € in new loans, Ratesetter comes in second with 50.1 M €, Funding Circle in third with 47.3M € and LendInvest in a close fourth with 44.5 M €. Note the remarkable growth of new P2P… Read More

June 3, 2015 @ 9:21 am By Samantha Hurst  |  

Mirror, a “blockchain-technology” company building a new financial platform, today announced it has received $8.8 million in Series A funding led by Route 66 Ventures with participation from existing investors including RRE Ventures, Crosslink Capital, Battery Ventures and Tim Draper. This additional capital brings the… Read More

June 3, 2015 @ 8:42 am By Erin Hobey  |  

  Real estate crowdfunding portal iFunding  raised $2M in capital on its equity crowdfunding round on Crowdfunder.  Pre-money valuation stands at $20 million. iFunding will use the additional capital to expand operations, boost technology and grow sales.  The company generated nearly $1M in commitments in just 48 hours according… Read More

June 2, 2015 @ 8:03 pm By JD Alois  |  

PCH accelerator program, Highway1,  held its 4th Demo Day today. According to organizers, the event hosted several hundred investors, mentors and industry leaders to see the latest in Internet of Things (IoT) hardware products from the 11 startups completing the spring program. The Spring 2015 class featured companies… Read More

June 2, 2015 @ 2:44 pm By Samantha Hurst  |  

RealtyMogul, a peer-to-peer marketplace for real estate investing, has hired Megan Goodfellow as its Head of Credit, Commercial Real Estate. This executive hire is part of the company’s recent launch of a commercial lending division. Goodfellow will be responsible for the credit risk management of… Read More

June 2, 2015 @ 1:01 pm By Samantha Hurst  |  

Virtual Piggy, Inc. (OTCQB: VPIG), provider of the award-winning payment technology Oink, today announced the release of its new and improved app, which will include peer-to-peer functionality allowing teens to receive deposits to their accounts for work or gifts from family and friends. Dr. Jo Webber, CEO… Read More

June 2, 2015 @ 11:29 am By Samantha Hurst  |  

Bitcoin law expert Peter Townshend, a partner at Perkins Coie LLP law firm’s Emerging Companies and Venture Capital Practice, has joined Ciphrex’s Board of Advisors. This move strengthens the cryptocurrency and blockchain technology software company’s position as it prepares for its Series B round of financing. Enrique Lombrozo, co-CEO… Read More

June 1, 2015 @ 6:44 pm By JD Alois  |  

Kauffman Index on Startup Activity Indicates Reversal of 5 Year Trend. According to the Kauffman Index that measures US startup activity things are looking better. Following a downward slump that cratered in 2010, startup activity jumped in 2014 representing the largest year over year increase… Read More

June 1, 2015 @ 2:32 pm By JD Alois  |  

A new report from Ventureneer proposes that equity crowdfunding may be the variable needed for women entrepreneurs to break through barriers in starting and growing innovative companies. According to the report, the number of women starting businesses has jumped dramatically from 2013 to 2o14. A… Read More

June 1, 2015 @ 2:12 pm By Samantha Hurst  |  

IFAN Financial, Inc. (OTCQB: IFAN), a designer, developer, and distributer of software to enable payments for mobile, tablet, or computer and peer-to-peer cash transfers, announced it has closed a funding agreement with NY-based Sea Otter Global Ventures, LLC, manager of SBI Investments, LLC (together, “Sea Otter”) for… Read More

June 1, 2015 @ 11:28 am By Samantha Hurst  |  

CrowdGather, Inc. (OTCQB:CRWG) today announced that Todd Winter, Managing Partner, WINTER LLP, will serve as a member of CrowdGather’s advisory board complementing the backgrounds of existing advisory board members from the technology sector with his expertise and network of contacts in the cannabis business sector…. Read More