General News

December 15, 2014 @ 1:49 pm By Erin Hobey  |  

Cloud Lending, the industry’s end-to-end lending solution built on Salesforce.com, today announced the launch of CL Marketplace, a unified cloud platform that simplifies and automates the entire loan process in marketplace lending. CL Marketplace is the latest addition to Cloud Lending’s suite of cloud-based industry… Read More

December 15, 2014 @ 12:15 pm By Samantha Hurst  |  

Ready to share his advice on business success, founder of Virgin Group Richard Branson sat down with Entrepreneur to discuss key ways for readers to raise funds for their businesses. While sharing details about Virgin Group, Branson recalled, “My friends and I came up with… Read More

December 15, 2014 @ 11:21 am By Samantha Hurst  |  

She may be heading to prison over conspiracy to commit mail fraud, wire fraud, and bank fraud, but that hasn’t stopped reality television star Teresa Giudice from helping her daughter Gia with her dreams of becoming a singer. Last month, Gia launched a Kickstarter campaign to raise $7,500 for her… Read More

December 15, 2014 @ 10:47 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a release stating that former Blackrock employee Jonathan Paul Burrows has been banned “from performing any function in relation to any regulated activities for not being fit and proper”. Tracey McDermott the FCA’s Director of Enforcement and… Read More

December 15, 2014 @ 9:56 am By Samantha Hurst  |  

Global crowdfunding platform, Indiegogo, is happy to announce the launch of Indiegogo Life, a service that brings the power of Indiegogo to anyone raising money for emergencies, medical expenses, celebrations or other life events. Indiegogo Life does not charge a platform fee, enabling fundraisers to keep more… Read More

December 15, 2014 @ 8:31 am By JD Alois  |  

Insikt has Raised $100 Million to Date plus $70 Million Credit Facility. Insikt (pronounced “in-seekt”), described as a  Lending as a Service (LaaS) company, has now raised  over $100 million having just closed a Series B led by Revolution Ventures. The company has also secured… Read More

December 15, 2014 @ 8:14 am By Georgia Quinn  |  

With all of the talk around venture exchanges and the much needed secondary market for private companies, one company has gone a long way in providing such liquidity for smaller, growth and other companies that do not fit the mold of a national securities exchange…. Read More

December 14, 2014 @ 11:01 pm By Dara Albright  |  

Marking another watershed moment for crowdfinance, the initial public offering of Lending Club (NYSE: LC), the world’s largest online P2P (“peer-to-peer “) marketplace connecting borrowers with lenders, was priced on Wednesday at $15 per share (a $5.4 billion valuation) – far above its pre-roadshow expected… Read More

December 14, 2014 @ 6:32 pm By Samantha Hurst  |  

Atlanta based startup, New Story, is leveraging technology for social good. Founded in September of 2014, this crowdfunding platform has already funded 2 new homes for families afflicted by the 2010 earthquake in Haiti. These families, who have been living in tents and other fragile… Read More

December 13, 2014 @ 10:00 am By Samantha Hurst  |  

With only twelve more days until Christmas, reward-based crowdfunding platform Tilt is ready to present: The Twelve Days of Crowdfunding. Tilt’s Natassia Costa and her team have created a list of twelve hot products from a few different crowdfunding platforms, including Indiegogo and Kickstarter that would… Read More

December 13, 2014 @ 6:08 am By JD Alois  |  

Title II of the JOBS Act allowed companies raising capital using private placements to advertise the investment opportunity.  Think about it.  If you were trying to sell your house but were not allowed to advertise it would be pretty hard.  Well “general solicitation” as it… Read More

December 13, 2014 @ 5:54 am By JD Alois  |  

In a note to supporters, Coolest Cooler creator Ryan Grepper announced a list of product upgrades along with a change in expected shipping dates.  As it stands today, Coolest Cooler will ship early Summer 2015 “probably July”.  This contrasts the originally scheduled ship date of… Read More

December 13, 2014 @ 4:26 am By JD Alois  |  

The below infographic depicts some data points correlating with the forthcoming inclusion of peer to peer assets in ISAs.  With the comment period closing on the UK Consultation regarding this change expectations are for final parameters to be announced sometime in early 2015.  Both savers… Read More

December 13, 2014 @ 4:14 am By JD Alois  |  

The UK Treasury officially announced the inclusion of peer to peer loans in Individual Savings Accounts (ISA’s) back in October 2014. Chancellor of the Exchequer George Osborne included the announcement in the 2014 Budget presentation.  ISA’s were adjusted in July of 2014 slightly increasing the… Read More

December 12, 2014 @ 2:16 pm By Samantha Hurst  |  

Earlier this week, Vlogbrothers hosts Hank and John Green launched Project for Awesome’s annual crowdfunding campaign on Indiegogo. For those who don’t know about this funding event, Project for Awesome was started in 2007 when a group of video creators decided it would be good, for… Read More

December 12, 2014 @ 10:23 am By Samantha Hurst  |  

RCS Capital Corporation (NYSE:  RCAP) announced today that it has entered into an agreement to exchange RCS Capital’s existing Series A convertible preferred stock owned by Luxor Capital Group LP and its affiliates (“Luxor”) for a new series of perpetual preferred and a new series of… Read More

December 12, 2014 @ 2:36 am By Erin Hobey  |  

In recent weeks  The University of Cambridge has teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. This is the largest study to date on crowdfunding, peer-to-peer lending and other forms of alternative finance in… Read More

December 11, 2014 @ 5:57 pm By Samantha Hurst  |  

iFunding, the real estate crowdfunding platform that makes investing simple, has appeared on the financial television segment “Power Pitch” on CNBC. The Power Pitch series features growing companies with unique concepts, being critiqued by experts and investors specific to their industry. CEO of iFunding, William… Read More

December 11, 2014 @ 5:05 pm By Samantha Hurst  |  

Earlier this year, Indiegogo announced the release of its free App for Apple’s iPhone and iPod touch finally providing a mobile experience for Indiegogo users. During the unveiling, the global platform shared it would also have an App for Android users. Now, the crowdfunding giant announced it has… Read More

December 11, 2014 @ 3:49 pm By Samantha Hurst  |  

Millennium Trust Company announced on Thursday (December 11th) it will close out 2014 on a high note, posting its seventh consecutive year of record growth. Assets under custody grew by nearly $3 billion to an estimated $12 billion, held in approximately 320,000 accounts. Revenues increased… Read More