General News

May 28, 2015 @ 7:00 am By Erin Hobey  |  

LendKey Grand Slam: Hits 35,000 Customers, Expands Management Team, $8M venture debt line from Silicon Valley Bank and Raises Additional $125M Commitment From Network of Credit Unions LendKey, the Lending-as-a-Service platform that connects borrowers with credit unions and banks, today announced several key growth milestones. The… Read More

May 27, 2015 @ 5:52 pm By Samantha Hurst  |  

On Wednesday, Access Investors Network and WealthForge announced a collaboration to foster a new era of private investing by allowing Access members to invest online in deals previously only available to finance industry professionals and firms. Access Investors, an invite-only crowdinvesting platform that enables members to invest… Read More

May 27, 2015 @ 4:09 pm By Samantha Hurst  |  

On Wednesday, famous crowdfunding platform Kickstarter debuted the first crowdfunding campaigns from French inventors. Kickstarter announced: “Our European expansion continues! A few weeks ago we announced that Kickstarter was coming to France, and now the day has come for French projects to launch. We’re so excited to… Read More

May 27, 2015 @ 2:37 pm By Erin Hobey  |  

Australia’s H2 Ventures, a newly-established fintech-focused digital design and investment firm, plans to raise a A$10 million war chest to fund the launch of 100 early-stage fintech startups over the next three years. The firm, set up by former AWI Ventures alumni Ben and Toby… Read More

May 27, 2015 @ 2:23 pm By Erin Hobey  |  

Bookstores at each of Simon Fraser University’s three campuses in Vancouver, Burnaby, and Surrey, will now accept bitcoin for the payment of retail transactions, and virtual currency machines will be installed in these locations, allowing the student body to purchase the virtual currency. “As a… Read More

May 27, 2015 @ 1:18 pm By Samantha Hurst  |  

Today, Canadian financial technology platform, FrontFundr launched with a  promise to unlock a new capital market and allow regular people to invest in private companies. FrontFundr uses technology to enable entrepreneurs to raise money from a broad investor community. This is an opportunity for the… Read More

May 27, 2015 @ 12:47 pm By JD Alois  |  

According to a report published by Beauhurst, companies that utilize equity crowdfunding end up selling a smaller stake in their company to shareholders. The document compared equity crowdfunding platforms in the UK to their counterpart Angel and VC groups.  The difference between traditional finance and… Read More

May 27, 2015 @ 12:14 pm By Samantha Hurst  |  

Partech Ventures announced on Wednesday it has co-led a new €10MM financing round in Kantox, a foreign exchange services provider for SMEs and mid-cap companies. Philippe Collombel, Managing Partner at Partech Ventures and Kantox board member, stated: “With our 2nd significant investment in 18 months, Partech Ventures… Read More

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