General News

May 15, 2015 @ 2:37 pm By JD Alois  |  

The House Committee on Small Business held a hearing this past week to discuss peer to peer lending.  With the influx of institutional funds into P2P lending platforms, many direct lenders are taking up the banner of “Marketplace Lending”.  This does not mean small investors… Read More

May 15, 2015 @ 8:27 am By Erin Hobey  |  

Glass full: London wine bar Vini Italiani  has raised over £308,215 on its Seedrs  equity crowdfunding campaign with its equity offering of 11.63%.  Funding will be used to continue the brand’s undivided focus on Italian wines with the goal that Vini Italiani will be recognised and identified as the… Read More

May 15, 2015 @ 6:54 am By Samantha Hurst  |  

Docupace Technologies, LLC (“Docupace”), a provider of SEC/FINRA-compliant paperless processing systems, announced today that it is joining with leading computer security services company Security Snapshot, LLC (“Security Snapshot”) to deliver comprehensive cyber-security solutions for financial services firms. The agreement is expected to fuse Docupace, the… Read More

May 14, 2015 @ 12:18 pm By Erin Hobey  |  

With its elevator pitch of “Disrupting Big Oil: Crowdfunders get monthly guaranteed returns with equity upside,” Ascenergy has tapped into the crowd for its Crowdfunder campaign.  Seeking to raise $6M by 30 June 2015, the company has already raised  over $5,670,000, or 95% of its goal.   Investments $25,000… Read More

May 14, 2015 @ 11:26 am By Erin Hobey  |  

Technological Innovation in Health Tech, Robotics and Smart Sensors Take Stage at HAX’s Accelerator Demo Days 15 hardware startups culminated an intensive 111-day accelerator program by revealing their products at HAX’s sixth annual Demo Day (formerly known as HAXLR8R). Each company  spent three months in Shenzhen, China,… Read More

May 14, 2015 @ 10:38 am By Erin Hobey  |  

The fintech accelerator Startupbootcamp FinTech Singapore has appointed Steven Tong as a new managing director.  Tong,  formerly of Infocomm Investments and the London-based accelerator, also welcomed three new team members from PwC Singapore, Pix Vine Capital and Jungle Ventures.  Tong  brings 15 years’ worth of experience working with financial technology companies… Read More

May 14, 2015 @ 8:42 am By Erin Hobey  |  

Small business financing leader Guidant Financial has entered a strategic partnership with InvestNextDoor to create what they believe to be the marketplace lending industry’s largest small business loan origination agreement: Guidant Financial has committed to drive at least $100 million in business to InvestNextDoor’s marketplace lending platform. “Our business is solving… Read More

May 14, 2015 @ 8:26 am By JD Alois  |  

OTC Markets, a financial marketplace for over 10,000 US and global securities, has published a first ever OTCQX Best 50 performing companies listed on their marketplace. The criteria used was an equal weighting of one year share price performance in 2014.  Granted we are in the… Read More

May 14, 2015 @ 6:50 am By Samantha Hurst  |  

investUP (known as UP), a crowdfunding supermarket, has appointed Cary Depel as its Compliance and Legal Director. Depel will bring more than 20 years’ experience with him and will be responsible for compliance and legal, helping to transform the crowdfunding landscape. Drawing on his considerable experience as Board… Read More

May 13, 2015 @ 4:49 pm By Samantha Hurst  |  

PENSCO, an alternative asset custodian for self-directed IRA investors, announced its new paperless deal funding technology — PENSCO Alt-Nav. The dubbed “first-of-its-kind” technology has been designed to help retirement investors who would like to invest in non-traded alternative assets using their retirement accounts, as well… Read More

May 13, 2015 @ 3:22 pm By Samantha Hurst  |  

Earlier this week, San Mateo, California startup MODE, Inc., announced the official launch of a platform designed to help developers and emerging brands delivering Internet of Things (IoT) solutions. In addition, the company secured $775,000 in seed funding, led by Metamorphic Ventures, Kleiner Perkins Caufield Byers, and several angel investors… Read More

May 13, 2015 @ 12:07 pm By Samantha Hurst  |  

StreetShares, a peer-to-peer marketplace that is described as “Shark Tank meets eBay,” was named the lead Founding Affiliate of the Coalition for Veteran Business (CVOB), an alliance created by First Data Corporation and the Institute for Veterans and Military Families at Syracuse University (IVMF). The CVOB’s mission is to support the successes… Read More

May 13, 2015 @ 8:48 am By JD Alois  |  

The House Subcommittee on Capital Markets & Government Sponsored Enterprises, part of the Financial Services Committee, will meet today (Wednesday, May13th) to discuss multiple proposals designed to improve access to capital for SMEs.  Smaller businesses generate the bulk of economic growth, and correspondingly job creation,… Read More

May 12, 2015 @ 2:39 pm By Samantha Hurst  |  

German inventors, today’s the big day! Kickstarter has unveiled the first Germany-based projects to hit its crowdfunding platform. The funding giant revealed: “A few weeks ago we announced that German creators could start building projects, and today they launched them to the world. We’re so… Read More

May 12, 2015 @ 11:44 am By JD Alois  |  

Orchard has just published a new analysis of consumer credit trends and repayment performance for the marketplace lending (P2P) industry. Orchard is a service provider that connects investors to direct lending assets so they have great access to data on the nascent industry. Orchard notes that… Read More

May 12, 2015 @ 9:46 am By Samantha Hurst  |  

CrowdedReality.com, a crowdfunding platform for reality television and talk show concepts, has premiered the first show off its platform, Wake Up, on national broadcast television. Wake Up was created by Adryenn Ashley and Lisa Marie to be a new talk show for the new mainstream. Touted as… Read More

May 12, 2015 @ 9:11 am By JD Alois  |  

The European Crowdfunding Network (ECN) has scheduled a new event title “CrowdCamp” which will take place in Lisbon, Portugal, this June. Formed in 20122, the ECN is a pan-European, non-profit, representative organization that has led the charge to change finance across the continent. The new conference… Read More

May 11, 2015 @ 4:19 pm By Samantha Hurst  |  

CrediFi, a big-data company providing critical data and analytics for the commercial real estate (CRE) finance sector, has raised $8 million in funding led by Battery Ventures with additional funding from Carmel Ventures and OurCrowd, a crowdfunding platform. The company launches with institutional-grade data and… Read More

May 11, 2015 @ 12:50 pm By Samantha Hurst  |  

Acquire Real Estate has created unique technology to significantly reduce the time and effort Registered Investment Advisors need to bring institutional-quality commercial real estate investments to their clients. Acquire is a platform that offers accredited investors unprecedented access to exclusive real estate opportunities through crowd… Read More

May 11, 2015 @ 12:01 pm By Samantha Hurst  |  

Creative England has selected 19 new producer/director teams as part of the iShorts nationwide search to find the country’s best new filmmakers.  iShorts is a short film initiative delivered as part of the BFI NET.WORK. Following hundreds of applications from aspiring filmmakers, the winning teams will… Read More