General News

May 27, 2015 @ 9:43 am By Samantha Hurst  |  

Peer to peer lender, eMoneyUnion, announced this week the appointment of KPMG’s Derek Zissman, Bartle Bogle and Hegarty’s Sir John Hegarty and venture capitalist Tom Teichman to it team. As part of that appointment, the three will also be making a six figure investment. Founder of eMoneyUnion,… Read More

May 27, 2015 @ 9:14 am By JD Alois  |  

CFIRA and CfPA Issue Joint Statement Regarding Lawsuit Against the SEC to Block Implementation of Regulation A+, Title IV of the JOBS Act In a joint statement released today by the leadership of crowdfunding industry associations Crowdfunding Intermediary Regulatory Advocates (CFIRA) and the Crowdfunding Professional… Read More

May 26, 2015 @ 4:07 pm By Samantha Hurst  |  

Seeking to help those who are less unfortunate (and the organizations that support them), former UK glamour model, mother of two,and full-time blogger, Tracy Kiss, launched crowdfunding campaigns on GoFundMe and YouCaring to raise £10,000 for 10 amazing charities before her 28th birthday this October. Unfortunately, Kiss has… Read More

May 26, 2015 @ 1:58 pm By Samantha Hurst  |  

Craig Newmark and CrowdRise have launched the third annual Veterans Charity Challenge 3 to raise funds for nonprofit organizations benefiting veterans, military families, police and firefighters. The Veterans Charity Challenge 3 is a follow-up campaign to two previous campaigns run between the Memorial Day and Independence Day holiday periods.  Together, the… Read More

May 26, 2015 @ 12:27 pm By Samantha Hurst  |  

Last fall, equity crowdfunding platform Crowdcube announced the launch its new office in Edinburgh, Scotland. The new location was help support existing clients in the region and due to the strong growth in number of new businesses being established in the country. CEO of Crowdcube,… Read More

May 24, 2015 @ 7:40 am By JD Alois  |  

Matt Roszak called launching of a Bitcoin index on the New York Stock Exchange (NYSE) a major milestone – and he is right. While regulators eye the emerging realm of cryptocurrencies across the world, private markets are acknowledging the opportunity and pushing Bitcoin (and other… Read More

May 23, 2015 @ 7:43 pm By JD Alois  |  

The Payment & Clearing Association of China (PCAC) has placed a number of $53.76 billion (321.19 billion yuan) in P2P loans for all of 2014 – an increase of 268.83% over 2013.  This information was published in multiple reports PCAC was organized with the approval of… Read More

May 22, 2015 @ 11:40 am By Erin Hobey  |  

Financial technology is going to revolutionize the banking industry,” Lawyer Christine Duhaime told the Georgia Straight over coffee in downtown Vancouver. “It’s really important to encourage women to be involved in tech, and then fintech especially—we’re 50 percent of the equation—so that we’re not left out at the… Read More

May 22, 2015 @ 11:24 am By Erin Hobey  |  

Russian fin-tech venture capital firm Life.SREDA has announced that Victor Chow, former senior cloud computing business leader of Huawei Technologies, has been brought on board as the CEO of InspirAsia Accelerator, its Singapore-based Asia-focussed accelerator. Chow’s also served as a mentor for the fin-tech accelerator Startupbootcamp fintech. According to a statement by the company, Chow’s… Read More

May 22, 2015 @ 9:33 am By Samantha Hurst  |  

On Friday, new UK crowdfunding platform CrowdJustice officially opened its doors to those seeking funds for their latest legal situations. According to TechCrunch, CrowdJustice was founded by ex-United Nations lawyer, Julia Salasky, and is considered a crowdfunding platform for “public interest” litigation. She explained: “CrowdJustice… Read More

May 22, 2015 @ 7:15 am By JD Alois  |  

The Institute of Financial Services Zug IFZ, of the Lucerne School of Business, has returned to crowdfunding in a follow up to last years research on new forms of finance in Switzerland.  Crowdfunding has been evident in Switzerland since 2008. The authors note that in 2014,… Read More

May 21, 2015 @ 4:10 pm By Erin Hobey  |  

The Catalan company ZeClinics, supported by the University Pompeu Fabra of Barcelona and and Barcelona Biomedicine Research Park (PRBB) reached its crowdfunding campaign goal  on Capital Cell,  a campaign that set the record for the the year’s largest biotech crowdfunding investment in Spain.  The company is prevalued at 1M€.  After 88… Read More

May 21, 2015 @ 4:00 pm By Samantha Hurst  |  

Karma, a platform that makes it easy to determine the reliability of people online through the use of its Karma Score, is launching out of private and into public beta today. The Karma Score’s unique algorithm makes it an ideal benchmark for the peer-to-peer community. With… Read More

May 21, 2015 @ 2:00 pm By Samantha Hurst  |  

Glowforge announced a $9 million Series A funding round to bring their 3D Laser Printer to market this year. The round was led by Foundry Group and True Ventures, with participation from Bre Pettis, cofounder and former CEO of MakerBot, and Jenny Lawton, former CEO… Read More

May 21, 2015 @ 10:46 am By Erin Hobey  |  

The European Crowdfunding network (ECN) released a Joint Declaration on the Capital Markets Union, together with seven other significative European federations representing capital market players and SMEs including AFME, EBF, Eurochambres, EBAN, EBN, European Issuers and Business Angels Europe and the European Crowdfunding Network. “Joining forces for the first time with other organizations representing capital market players… Read More

May 21, 2015 @ 9:33 am By Erin Hobey  |  

Adzuna, the UK-based job search engine today launched its £1.5 million crowdfunding campaign on Crowdcube for its mission to “get Britain working.” In just a few hours, the campaign has raised over £659,330 of its £1,500,000 targeted goal for 5.89% equity offered. Nearly 70 investors helped Adzuna hit 43% of its goal…. Read More

May 21, 2015 @ 9:20 am By Samantha Hurst  |  

Earlier this week, the Entrepreneurs’ Organization (EO), a peer-to-peer community of entrepreneurs, introduced Vijay K. Tirathrai as its new chief executive officer. Tirathrai, who brings a wealth of business experience from both corporate and non-profit sectors, will focus on strengthening EO’s impact while driving the organization’s initiative of… Read More

May 21, 2015 @ 9:04 am By JD Alois  |  

Orchard Platform has announced two new partnerships as it extends its reach into a growing number of financial verticals in the direct lending space.  Orchard has signed up Auto One Acceptance and The Interface Financial Group (IFG).  Auto One is described as the “vehicle lender… Read More

May 20, 2015 @ 9:48 am By Erin Hobey  |  

Shelvspace, aiming to transform the way US consumer packaged goods are sold in retail with   its cloud-based mobile platform, announced it has received $1 million in seed round funding.Headquartered in Scottsdale Arizona with regional sales in Philadelphia, San Francisco, and Chicago, Shelvspace is a portfolio company of Tallwave,… Read More

May 20, 2015 @ 9:25 am By Erin Hobey  |  

Financial services giant MasterCard made its official entrance into the person-to-person payments business, according to Natalie Gagliordi for ZDNet. The company announced the launch of MasterCard Money Send, a near real-time P2P digital payments service that securely transfers funds domestically and internationally. Shopping site FreeShipping.com and Berkshire Hathaway Travel… Read More