General News

March 30, 2015 @ 10:24 am By Samantha Hurst  |  

Back in 2012 into 2013, Yashar Behzadi and Greg Moon, co-founders of San Francisco-based popSLATE, took to crowdfunding giant Indiegogo to raise $150,000 for their invention – the second screen case for smartphones. Within its 30-day run on Indiegogo, the project captured well over its… Read More

March 30, 2015 @ 10:02 am By Erin Hobey  |  

The Chinese government announced the establishment of the Steering Group on Financial Technologies to advise the Government on how to develop Hong Kong into and promote Hong Kong as a Fintech hub. The initiative to set up the Steering Committee was announced in the Financial… Read More

March 30, 2015 @ 9:38 am By Erin Hobey  |  

The investment in the peer-to-peer lender RateSetter, from veteran investment banker, Ken Costa, Woodford Investment Management and Artemis, places confidence in the nascent UK P2P and crowdfunding industry. Costa also led a £25m investment in the online-only challenger bank, Atom Bank, late last year. The £20… Read More

March 30, 2015 @ 9:08 am By JD Alois  |  

Final rules on Title IV of the JOBS Act, Regulation A+, were announced last week by the SEC. The rules will be available for companies interested in raising capital in a bit over 60 days.  There has been much speculation and discussion regarding the impact… Read More

March 27, 2015 @ 9:14 am By Samantha Hurst  |  

The U.S. Securities and Exchange Commission (SEC) unanimously adopted final rules on Wednesday to expand Regulation A, an existing securities registration exemption, under Title IV of the JOBS Act, often referred to as “Regulation A+.” The expansion of Regulation A will expand capital markets for small public securities… Read More

March 27, 2015 @ 9:03 am By JD Alois  |  

Netherlands based Equidam, an online company valuation platform, has released an update and complete re-design to its site that is described as a new “focus on value creation and growth”.  Equidam has operated for the past three years tackling a difficult issue of SME valuation… Read More

March 27, 2015 @ 8:25 am By JD Alois  |  

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired… Read More

March 26, 2015 @ 4:42 pm By Samantha Hurst  |  

Just a week ago, Yelp became under fire when a small production studio known as Prost Production launched a crowdfunding campaign on Kickstarter to raise funds for a new documentary Billion Dollar Bully, which would share details about the review website’s dark past. Now, it looks like Yelp will… Read More

March 26, 2015 @ 4:01 pm By Samantha Hurst  |  

Intimate apparel line Aerie announced today that it has joined force with tween intimate brand Yellowberry to launch a limited-edition collaborative bra collection for girls 11-15 called Aerie for Yellowberry. Yellowberry is a start-up created by 19-year-old entrepreneur Megan Grassell for preteen girls. Grassell took to crowdfunding platform Kickstarter with a… Read More

March 26, 2015 @ 11:15 am By Samantha Hurst  |  

On Thursday, Express & Echo, Exeter’s local newspaper, announced the nominees for its 2015 business awards. The media outlet stated: “The competition – now in its fifth year – attracted a phenomenal 133 entries from companies and entrepreneurs in Exeter and the surrounding area. The high volume… Read More

March 26, 2015 @ 9:49 am By Samantha Hurst  |  

On Thursday, Symbid, one of the first investment crowdfunding platforms worldwide, announced its full year 2014 results. Korstiaan Zandvliet, co-founder and CEO of Symbid Corp, stated: “We are pleased to report continued exponential revenue growth ahead of average industry figures. Our results are a reflection of our… Read More

March 26, 2015 @ 8:46 am By Samantha Hurst  |  

On Wednesday, the SEC Board of Commissioners approved the publishing of the rules associated with the Jobs Act 2012 Title IV. Now, the executives at CommunityLeader, Inc., a technology and service leader in the emerging crowdfunding industry, is ready to share their thoughts about the rules…. Read More

March 25, 2015 @ 2:24 pm By Samantha Hurst  |  

On Wednesday, Chicago-based NIN Ventures announced that it has added Dr. Sunil Patel to its roster as a board advisor and venture partner. The venture capital fund stated: “Our goal as NIN Ventures is to invest in disruptive technologies. With that in mind, we are… Read More

March 25, 2015 @ 11:24 am By Samantha Hurst  |  

Canary today announced the much anticipated launch of their award-winning home security product with major retailers throughout the U.S. Since its successful Indiegogo campaign came to an end, which gained over $1.9 million, the New York City startup has shipped tens of thousands of units to 78 countries…. Read More

March 25, 2015 @ 10:50 am By Samantha Hurst  |  

PENSCO Trust Company released a report today on key trends driving the surging popularity of equity crowdfunding. In the 2015 PENSCO Crowdfunding Report preeminent voices in crowdfunding and early stage investing discuss the leading edge of private equity and provide tips for investors in search of these… Read More

March 25, 2015 @ 8:59 am By Samantha Hurst  |  

Sustainability Partnerships and Gary O. Shelton Consulting (GOSC) are collaborating to help small and large businesses effectively launch crowdfunding cooperative campaigns. Gary O. Shelton, CEO of GOSC and CFO of Crowdfunding Cooperative, stated:  “Crowdfunding is the new normal for small business finance.” Today, big companies are becoming… Read More

March 24, 2015 @ 8:45 pm By Erin Hobey  |  

Realty Mogul, the online peer-to-peer marketplace for real estate investing, announced the completion of its first-ever crowdfunding project in New York, raising $1.6 million from 46 investors for two apartment buildings in Brooklyn and enabling project sponsor Cayuga Capital Management to recapitalize the property.  The… Read More

March 24, 2015 @ 3:11 pm By JD Alois  |  

With the ongoing trial of Ellen Pao, formerly of Kleiner Perkins and now interim CEO of Reddit, and her gender discrimination accussations, there has been a lot of media coverage on the issue of women in business – specifically tech. The results of the trial… Read More

March 24, 2015 @ 2:14 pm By Samantha Hurst  |  

Magellan Holdings, LLC, a provider of mobile OTT media delivery solutions, and Crowded Reality Inc, a crowdfunding platform for reality tv and talk shows, today announced a strategic partnership to stream new talk show Wake Up! “backstage” video content to mobile app users. OTT delivery of… Read More

March 24, 2015 @ 12:44 pm By Samantha Hurst  |  

BankMobile, a division of Customers Bank (NYSE: CUBI) and a bank that offers a no fee, mobile, online and tablet banking platform, today announced the launch of its new crowdsourcing contest, “BYOB – Build Your Own Bank!” The contest is open to the public and the… Read More