General News

February 28, 2015 @ 8:45 am By Samantha Hurst  |  

Last fall, Foo Fighters fans from Cornwall hit crowdfunding platform Crowdfunder UK to raise £1.5 million so that the band would hold a concert in the town. The project surfaced after the band’s dedicated followers in Richmond, Virgina took to Tilt and captured $70,000 to have the… Read More

February 27, 2015 @ 2:02 pm By Samantha Hurst  |  

As crowdfunding continues to gain more popularity, the Connecticut Better Business Bureau (BBB) has warned backers to be careful when it comes to funding projects. In an effort to avoid scams, the bureau stated on its website backers should do diligent research before helping fund a new… Read More

February 27, 2015 @ 11:37 am By Samantha Hurst  |  

Just a month after announcing their startup has received $1.5 million in seed capital, creators of Indiegogo alum Skully have revealed the California company has raised $11 million during Series A funding. According to TechCrunch, Walden Riverwood Ventures and Intel Capital led the round, along with participation from Formation 8, Techstars, and Western… Read More

February 27, 2015 @ 11:01 am By Erin Hobey  |  

Mambu, a cloud banking technology platform provider that works with more than 100 financial innovators worldwide, including Banco Macro, Opportunity International  and Yale University, uniquely sits at the nexus of the transformation and financial inclusion markets, where new applications and the cloud’s agility offers a particularly compelling value proposition for… Read More

February 27, 2015 @ 10:21 am By Erin Hobey  |  

Innovate Finance, the independent membership organisation that represents the voice of Britain’s global fintech sector, is hosting its first global summit on Tuesday, March 9th, 2015 at the Guildhall in London.  The major event will explore the impact of fintech on the financial services sector… Read More

February 27, 2015 @ 10:08 am By Erin Hobey  |  

Illuminate Financial, a fintech venture fund focused on the capital markets industry, has made its first investment since its launch last year, taking a stake in collateral management outfit CloudMargin. Originally backed by a group of senior financial market executives, CloudMargin’s collateral and margin management technology… Read More

February 27, 2015 @ 9:45 am By Erin Hobey  |  

Last December, Partner and ‎Head of Investor Community/Partnerships at OurCrowd Zack Miller highlighted crowdfunding websites to watch in 2015, citing six rewards-based platforms for athletes:  DreamFuel,  Pursuit, SportFunder, MakeAChamp,  RallyMe and Athlete.com. Montreal-based MakeAChamp, one of the six platforms cited by Miller,  provides an example of this rising trend: started in late 2012, the platform raised… Read More

February 26, 2015 @ 4:04 pm By Samantha Hurst  |  

Last month, Crowdfund Insider reported that a drafted crowdfunding legistation for Colorado was presented that will facilitate crowdfunding by authorizing on-line intermediaries to match Colorado investors with a state-based business. Authors of the Colorado Crowdfunding Act, have attempted to improve on some of the glaring deficiencies that… Read More

February 26, 2015 @ 2:39 pm By Samantha Hurst  |  

Taking time away from his duties at crowdfunding giant, Indiegogo, CEO and co-founder of the platform, Slava Rubin sat down with Fortune magazine last week to weigh in on some of the best and strangely unique crowdfunding campaigns he has seen. During his interview, Rubin shared,”Well,… Read More

February 26, 2015 @ 12:02 pm By JD Alois  |  

Peer to peer lending investor Victory Park Capital has filed a prospectus to list shares on the main exchange of the London Stock Exchange (LSE). Victory Park has been aggressively investing in P2P assets having recently committed a solid $420 million to Funding Circle in… Read More

February 26, 2015 @ 11:42 am By JD Alois  |  

California-based INVST, has announced significant partnerships with three institutional clients including; Sperry Van Ness / Dealpoint Merrill, Canyon Creek Capital and Benhamou Global Ventures.  The online private network is part of a growing number of platforms that are leveraging technology to connect sophisticated investors with institutional… Read More

February 26, 2015 @ 8:01 am By JD Alois  |  

OTC Markets has announced that 500 “verified”  US and international companies have joined the OTCQB Venture Marketplace. The new marketplace was launched in May of 2014 and is designed to improve market transparency for investors interested in early stage, publicly traded, companies.  OTC also announced… Read More

February 25, 2015 @ 11:59 am By Samantha Hurst  |  

Small business lender StreetShares announced on Wednesday (February 25th) the appointment of Raj Date to their Board of Advisors, effective immediately. Date is Managing Partner at Fenway Summer, LLC, a consumer finance advisory and investment firm headquartered in Washington, D.C. Date was the first-ever Deputy Director of… Read More

February 25, 2015 @ 9:31 am By Samantha Hurst  |  

North Capital Investment Technology (NCIT) announced today the launch of the 99Funding marketplace, the first online crowdfunding platform for broker-vetted, syndicated private offerings. All deals posted on the platform are vetted by an experienced team of investment professionals and offered through North Capital Private Securities (NCPS), a registered broker-dealer focused on the… Read More

February 25, 2015 @ 8:23 am By Samantha Hurst  |  

Iotera today announced the closing of a $1M financing round led by ZenShin Capital Partners and joined by Crunchfund, Startup Capital Ventures, String Ventures, EarlyMarket and Rubicon Venture Capital. The funding will be used to expand delivery of their IOTA pet tracking system.  While the… Read More

February 25, 2015 @ 8:07 am By Samantha Hurst  |  

The crowdfunding industry has been frequently highlighted in the media over the last few years because of the high profile projects that have been funded. The crowdfunding industry has been growing at a brisk pace with impressive revenue growth for the last three years. This… Read More

February 24, 2015 @ 4:26 pm By Samantha Hurst  |  

Last summer, sleeping monitor Sense took crowdfunding giant Kickstarter by storm. The product is a simple system that keeps track of the user’s sleep behavior, monitors the environment of their bedrooms, and has even reinvented the alarm. Sense contains a speaker, so it may play white… Read More

February 24, 2015 @ 3:48 pm By JD Alois  |  

Crowdfunding Asia held its second Asian conference to review the power and potential of new forms of finance. Sponsored by the Thai Securities and Exchange Commission, the sold out event saw several hundred attendees from Thailand and surrounding countries in Asia and the United States…. Read More

February 24, 2015 @ 3:12 pm By Samantha Hurst  |  

Houston-based Crudefunders recently debuted its crowdfunding platform that offers Texans a chance to own some of the state’s oil wells. It has become the first out of two funding portals to be approved by the Texas State Securities Board. According to Dallas Business Journal, Crudefunders Portal… Read More

February 24, 2015 @ 10:54 am By Samantha Hurst  |  

A new crowdfunding platform has been launched for whales, but not for the benefit of some soon-to-be-extinct species which swim in the world’s oceans, but the whales who are defined as such by Las Vegas casinos. It is the high rollers, the persons who can gamble… Read More