General News

December 16, 2014 @ 9:59 am By Samantha Hurst  |  

RateSetter has moved from 3rd to 1st to be at the forefront of the fintech revolution as it breaks into 2015  RateSetter will be ending 2014 on a high, confirming its position as the UK’s largest peer-to-peer (P2P) lender, turning a profit and having been… Read More

December 16, 2014 @ 7:16 am By JD Alois  |  

At the European Crowdfunding Convention last week in Paris, Dr. Christian Katz, CEO of Six Swiss Exchange, gave a presentation on the profound funding needs for the European economy.  The Six Swiss Exchange is the primary exchange in Switzerland.  It was the very first stock exchange… Read More

December 15, 2014 @ 3:05 pm By Samantha Hurst  |  

Ready to reveal the ins and outs of being a successful business leader, founder and chief development officer Danae Ringelmann sat down with Fortune’s 40 Under 40 network last week. When asked the big question: As a leader, is it better to be feared or… Read More

December 15, 2014 @ 3:03 pm By Erin Hobey  |  

Hoping to be the next Alibaba of Middle East, the B2B marketplace Search in MENA helps SMEs create both new channels to attract clients online and build a vast network of product and service providers for Arab Enterprises in the MENA (Middle East and North Africa)… Read More

December 15, 2014 @ 2:33 pm By Erin Hobey  |  

Ari Fine has been named chief operating officer of Yield Crowd, a marketplace lending platform for alternative, asset-based investments. Fine, a recent Cornell University graduate, joined Yield Crowd from Venture for America’s first class of Miami fellows. VFA is a two-year fellowship that matches recent graduates with… Read More

December 15, 2014 @ 2:06 pm By Samantha Hurst  |  

Tipalti, provider of the leading global payments management automation platform, has relocated its headquarters to the Bay Area with the opening of its new Palo Alto, CA office, more than quadrupling its previous office size to accommodate expected company growth.  Prior to this move, Tipalti’s headquarters… Read More

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