General News

February 9, 2015 @ 12:57 pm By Erin Hobey  |  

BorrowersFirst, a next-generation lending platform that provides personal consumer loans, announced that seasoned financial services executive Dave Tomlinson has joined the company as president and CEO, as well as appointed to the company’s Board of Directors. Tomlinson chose to join BorrowersFirst because of its unique value… Read More

February 9, 2015 @ 12:31 pm By Erin Hobey  |  

Today EBS Technologies launched the crowdfunding campaign on Companisto, already surpassing 22,710€ of its minimum 100,000€ goal with the help of over 60 backers. The innovative tech company is valued at 6,800,000 €. Already backed by three major investors, namely the German venture capital company Earlybird, the High-Tech Gründerfonds (high-tech… Read More

February 9, 2015 @ 11:06 am By Samantha Hurst  |  

On Monday (February 9th), CoinDesk announced that Hong Kong bitcoin exchange, MyCoin, has allegedly shut down and even took off with as much as $386 million in investor funds. The situation came to light on Friday when nearly 30 people claimed to be victims of the… Read More

February 8, 2015 @ 7:00 pm By Anthony Zeoli  |  

As the S.E.C. continues to drag its feet on releasing final Title III crowdfunding rules, the intrastate crowdfunding movement shows no signs of slowing down. Here is a brief update as to the status of the enactment/use of intrastate crowdfunding exemptions in certain states. Minnesota… Read More

February 7, 2015 @ 10:52 pm By JD Alois  |  

The technorati gather en-masse once a year to slap each-other on the back and share a drink or two in the epicenter of it all. While the film industry has the Oscars (highly over-rated in my opinion) the geeks have the Crunchies. Awards are dispersed,… Read More

February 7, 2015 @ 12:15 pm By Samantha Hurst  |  

Seeking to make changes to the old, unsafe, rather scary Massachusetts Bay Transportation Authority’s subway system, a Boston area resident has launched a $300M crowdfunding initiative on GoFundMe to help bring the transit into the 21st century. Explaining the situation (jokingly), campaign organizer, Janssen McCormick writes,”The… Read More

February 7, 2015 @ 8:13 am By Samantha Hurst  |  

Back in October, Kickstarter-success Matchstick, the streaming stick for Firefox, finished its run on the crowdfunding platform and raised $470,310 from 17,218 backers. The company announced that the finished product would be shipped in February 2015 and the wait began. Unfortunately, the Matchstick team has… Read More

February 6, 2015 @ 1:46 pm By Samantha Hurst  |  

Last November, Caterham Formula One racing team took to crowdfunding platform Crowdcube to raise £2.3 million to get to the season finale in Abu Dhabi Grand Prix. The project became super popular and even raised 1.1 million during its first three days on the platform. Unfortunately, Reuters reported… Read More

February 6, 2015 @ 10:12 am By Samantha Hurst  |  

  With less than two weeks left until its Kickstarter campaign comes to an end, Exploding Kittens is gearing up to hit another milestone in its successful crowdfunding experience. The project has raised $5,463,316 from 138,284 backers (as of this morning). Exploding Kittens captured over a million the first… Read More

February 6, 2015 @ 9:52 am By JD Alois  |  

PathoMap ran a small crowdfunding campaign on Indiegogo in 2013. While the organizers did not fare so well in raising funds from the crowd, that did not deter the project from moving forward. The flexible crowdfunding campaign by Weill Cornell Medical College only raised $757… Read More

February 6, 2015 @ 8:15 am By Sacha Bright  |  

Reading the FT’s recent (29th January) piece by Tracy Alloway and Emma Dunkley entitled ‘Rebranded P2P revolutionaries form ties with traditional lenders’, my initial reaction was to be rather saddened that some of the biggest names in the alternative lending market of which we’re a… Read More

February 5, 2015 @ 4:32 pm By Samantha Hurst  |  

Keeping the excitement of the Super Bowl XLIX alive, fans of singing sensation, Katy Perry, have taken to Indiegogo in an effort to get their very own Super Bowl halftime show shark suit. Adding some fun with his charity efforts, environmentalist David Lam launched a campaign… Read More

February 5, 2015 @ 4:07 pm By Samantha Hurst  |  

Tipalti, provider of the leading global payments management automation platform, has debuted new functionality in its platform for European VAT and tax number support and identification document management. Tipalti customers can now request VAT ID numbers from their payees during the setup process, and can control the… Read More

February 5, 2015 @ 3:53 pm By Samantha Hurst  |  

Symbid Corp. (OTCQB: SBID), a financial technology brand committed to building an online funding network based on investment crowdfunding and cloud-based monitoring technologies, has provided an update on the Company’s continued progress in the execution of its business strategy. Key developments include: Symbid Corp. will begin… Read More

February 5, 2015 @ 10:59 am By Samantha Hurst  |  

Financial Technology Brand Closes Funding Round With Show of Investor Confidence in Growth Strategy Symbid Corp. (OTCQB: SBID), one of the first investment crowdfunding platforms worldwide, announced on Thursday (January 5th) the closing of its Private Placement Offering as one of a few companies to raise finance… Read More

February 5, 2015 @ 9:50 am By Samantha Hurst  |  

Thanks to her determination and supporters, cyclist Nicola Noble is set to represent Great Britain in the Sprint Duathlon at the European Championship 2015. The athlete raised more than she needed with the help of Crowdfunder UK and Plymouth University. The second year occupational therapy student qualified to compete at the championships… Read More

February 5, 2015 @ 9:45 am By JD Alois  |  

Later this month Crowd15 will present the  Nordic Crowdsourcing & Crowdfunding Conference in Copenhagen, Denmark. Well known names in the crowdfunding industry are set to appear and share their opinion and perspective on the fast growing collaborative economy.  Speakers include; Lasse Mäkelä of Invesdor, Michael… Read More

February 5, 2015 @ 9:11 am By Samantha Hurst  |  

Swedish brand Intimina launched its funding project for the world’s first collapsible menstrual cup, Lily Cup Compact, on crowdfunding giant Kickstarter, which recently finished with 8530 backers from over 50 countries worldwide and reached 4000% over the original crowdfunding target. This places the campaign in the top 2% of… Read More

February 5, 2015 @ 8:43 am By Erin Hobey  |  

Marcus New, the Founder and Chief Entrepreneur of InvestX, is an experienced entrepreneur; he founded and served as chairman (and previously the CEO) of Stockhouse, Canada’s leading financial community and a global hub for affluent investors, with up to 1 million unique monthly visitors. Prior to… Read More

February 4, 2015 @ 2:32 pm By JD Alois  |  

Tandem bills legalizing crowdfunding have been introduced in the state of Arizona. Yesterday HB 2591 and SB 1450 were introduced to begin the process of allowing investment crowdfunding in amounts up to $2.5 million. According to the draft rules, companies that have not undergone an… Read More