General News

February 9, 2015 @ 4:30 pm By Samantha Hurst  |  

Ready to share his thoughts about the new year, CEO of PENSCO, Kelly Rodriquez revealed his top five predictions for 2015. During a recent post on the platform’s blog, Rodriquez stated, “As the CEO of PENSCO, I find myself at a fascinating intersection between IRAs, alternative… Read More

February 9, 2015 @ 3:37 pm By Samantha Hurst  |  

Real estate crowdfunding platform of GCC and Middle East, Durise, is launching its services online to all  investors in the region and also to those outside region who wish to invest in the market through crowdfunding. The platform’s current offering is one of Dubai’s most prestigious properties, Old… Read More

February 9, 2015 @ 2:54 pm By Samantha Hurst  |  

  Crowdfunding analytics, optimization and promotional tool, Krowdster, recently launched an affiliate program for crowdfunding consultants and publishers. The new project reportedly capitalizes on Krowdster’s explosive growth. Since opening for business nine weeks ago, the unique Krowdster web app has racked up more than 2000 active users…. Read More

February 9, 2015 @ 1:47 pm By Erin Hobey  |  

Monexo recently launched its peer-to-peer (P2P) lending platform in Hong Kong.  Co-founder, Mukesh Bubna, enters the space with 20 years experience in consumer banking throughout Asia,  including 18 years at Citibank in Asia where he spent 10 years in product and marketing. Prior to that he was CFO, and… Read More

February 9, 2015 @ 1:11 pm By Erin Hobey  |  

Yinfu Gold Corporation (“ELRE”) (OTC PINK:ELRE) today announced that it is in the process of acquiring Dongguan YouDai Financial Information Services Co., Ltd (YouDai), a P2P lending platform, from Eternal Fairy International Ltd., (EFI), a British Virgin Island corporation. ELRE has executed an agreement to acquire… Read More

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