General News

February 13, 2015 @ 3:21 pm By JD Alois  |  

One Spark, the fast growing crowdfunding festival that takes place in Jacksonville, Florida each spring, has captured $3.5 million in private investments for creators for 2015.  One Spark launched their event in 2013 with “just” $1 million in commitments.  This tops the year prior number of… Read More

February 13, 2015 @ 11:33 am By Samantha Hurst  |  

ChargeAll, a California-based phone charging solutions company, announced on Friday (February 13th) it has rebranded as ChargeTech to emphasize its new 2015 line of smarter, faster phone charging products. Since its founding in 2011, the California based company has been creating solutions to the low battery problem with charging… Read More

February 13, 2015 @ 9:34 am By Samantha Hurst  |  

From earning impressive media visibility in Forbes and Entrepreneur Magazine to constantly reviewing and improving its proprietary software platform, Traklight proves that persistent focus can be the difference between success and failure for a startup company. The software-as-a-service (SaaS) company, which strives to help entrepreneurs and inventors… Read More

February 13, 2015 @ 9:17 am By Samantha Hurst  |  

The new equity crowdfunding rules from the Texas State Securities Board (TSSB) allow online ecommerce sites, also known as Texas crowdfunding platforms, to market private placement memorandums (PPMs) from entrepreneurs, startups and existing businesses seeking funds to expand their operations throughout Texas. Instead of raising large sums of cash from a few… Read More

February 12, 2015 @ 3:46 pm By Samantha Hurst  |  

Millennium Trust Company, a leading provider of alternative asset custody solutions to institutions, advisors and individuals, today announced two promotions within its Alternative Solutions Group. The firm has named Jeremy Christensen, Director of Private Fund Custody and Matt Nitschke, National Director of the Alternative Solutions Group…. Read More

February 12, 2015 @ 1:32 pm By Erin Hobey  |  

“While, on average, bank lending remains the single biggest source of funding among European corporates, alternative finance now accounts for 41% of their total funding mix. Furthermore, the size of deals that alternative providers have taken on has been steadily increasing from around EUR100 million–EUR150m to around… Read More

February 12, 2015 @ 1:05 pm By Samantha Hurst  |  

On Thursday (February 12th) Kickstarter’s Nitsuh Abebe unveiled the crowdfunding giant’s latest project, which involves The White House. The platform was reportedly recruited by The White House to create this code for its 2014 Year in Review. Abebe explained: “Last December, as 2014 was packing its bags, we… Read More

February 12, 2015 @ 1:05 pm By Erin Hobey  |  

Barchart, a leading provider of market data and information, announced FinTech Exchange 2015, a new event to highlight technology innovation in financial markets and trading. More than 20 financial technology providers will participate, presenting in rapid-fire rounds that focus on innovations in trading software, market data,… Read More

February 12, 2015 @ 12:25 pm By Erin Hobey  |  

Having quickly raised over $280,000 on Crowdfunder, Equities.com seeks to raise its $2M goal within the next 108 days. Equities.com aims to be the only global financial community that focuses on companies under $1B in market capitalization. The firm combine financial news and online engagement for our investors & corporate… Read More

February 12, 2015 @ 11:46 am By Erin Hobey  |  

CoAssets, a crowdfunding site from Singapore that lists properties from around the world, has raised S$1 million (US$733,000) in series A funding from undisclosed investors. This values the company, believed to be the first real estate crowdfunding platform in Southeast Asia, at S$13 million, or… Read More

February 12, 2015 @ 11:07 am By Samantha Hurst  |  

Clearing the air of any confusion that was caused by a Yahoo! article that questioned their project’s validity, the creators of Indiegogo-success Storm eBike addressed the story and its comments in the latest update. Storm eBike’s creator, Storm Sondors, stated: “First of all let me once again tell… Read More

February 12, 2015 @ 9:09 am By Samantha Hurst  |  

Moff Band (Toy Fair 2015 Booth #3162), the wearable smart toy that turns a child’s every movement into realistic sounds, announces availability of the Moff Band on The Grommet (thegrommet.com), a curated, online marketplace and product launch platform. With its availability on The Grommet, Moff… Read More

February 12, 2015 @ 8:41 am By Samantha Hurst  |  

Nearly seven months after finding success on crowdfunding platform Kickstarter, RRKIDZ, home of Reading Rainbow, has landed a new executive. Linda Benjamin has joined leading children’s media company as President of Global Strategy and Business Affairs. The news was announced by company co-founders Mark Wolfe and LeVar Burton.   Benjamin, most recently Executive… Read More

February 11, 2015 @ 3:59 pm By Samantha Hurst  |  

Venture Beat recently reported that on Thursday (February 5th), House Judiciary Chairman, Bob Goodlatte re-introduced the Innovative Act, which is considered a bipartisan bill that may stop “patent trolls” in their tracks. The Electronic Freedom Frontier describes a troll as; “A patent troll uses patents as legal… Read More

February 11, 2015 @ 2:16 pm By Samantha Hurst  |  

Money360 Inc. closed a $1,000,000 two-year term loan secured by a 5,000 square foot retail building in Las Vegas, Nevada. Money360 is a marketplace and peer-to-peer lending platform for real estate loans, enabling sponsors to transact directly with lenders via its online platform. The property securing… Read More

February 11, 2015 @ 1:13 pm By Samantha Hurst  |  

JetPay Payment Services, a division of JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”), a provider of debit and credit card processing, payroll, HR and prepaid card services, today announced that it helped WePay to successfully launch its Canadian Operations. WePay provides integrated payment services… Read More

February 11, 2015 @ 12:15 pm By Erin Hobey  |  

New Zealand’s first peer to peer (P2P) lending platform Harmoney today announces the appointment of three senior executives to support the company’s growth objectives. Launched in September 2014, Harmoney is enjoying strong response from customers on both sides of the lending transaction, and attracting interest from… Read More

February 11, 2015 @ 9:18 am By Erin Hobey  |  

Kinetix Trading Solutions, Inc., a leading technology solutions provider for the capital markets, announced today that Paul Puskuldjian has joined the company as its Chief Operating Officer.  The Princeton, NJ based firm has expanded its product set and offerings in the past year and will… Read More

February 11, 2015 @ 9:09 am By Erin Hobey  |  

Azimo, the online money transfer service, has announced that customers can now send money to Thailand, direct to a personal or business bank account. “Great weather and the cost of living being 40% less than in Western Europe makes Thailand a popular destination for Europeans… Read More

February 11, 2015 @ 8:20 am By Samantha Hurst  |  

investUP (known as UP), the crowdfunding supermarket, launches its platform at Finovate Europe. UP brings the P2B (P2P and equity coming soon) crowdfunding market together in one place, enabling users to invest via one centralised portfolio. It allows investors to search for deals from all their… Read More