General News

October 22, 2014 @ 8:21 am By JD Alois  |  

TheCrowdDataCenter.com has teamed up with Crowdfund Capital Advisors (CCA), participants in the creation of the JOBS Act legislation, harnessing big-data to create a way to measure crowdfunded activity and job creation, at national and, crucially, local level in a new way. The JOBSIMPACT score rates the impact… Read More

October 21, 2014 @ 7:34 pm By JD Alois  |  

World Crowdfunding Council (WCC) Meeting Scheduled for October 23rd in Las Vegas.  The Global Crowdfunding Convention and Bootcamp (GCCB) has claimed the title of the longest running crowdfunding convention.  The three day event was founded by organizer Ruth Hedges and is now on its 3rd… Read More

October 21, 2014 @ 4:22 pm By Samantha Hurst  |  

Retailcommon, a Toronto-based social shopping network, announced on Tuesday (October 21st) it has raised $2 million in Series A financing. The company, which developed a revolutionary way for retailers to connect with their customers’ mobile devices while they are actively shopping, also announced it will… Read More

October 21, 2014 @ 1:51 pm By Erin Hobey  |  

Orchard, the Marketplace Lending Platform backed by Spark Capital, Canaan Partners, and industry veterans, secures $14.7M in total investments Founded in NYC 2013, Orchard Platform, an investment and analytics platform focused on the global marketplace lending market, today announced it has raised $12 million in Series A… Read More

October 21, 2014 @ 9:48 am By JD Alois  |  

Crowdfunding Asia launched their inaugural crowdfunding convention this past August.  It was the first event of its kind in the entire Asian region gathering thought leaders, portal operators, high level politicians and public officials from around the world to convene to discuss this new approach… Read More

October 21, 2014 @ 9:40 am By Samantha Hurst  |  

Cooperative Platform of Sustainability Partnerships announced on Tuesday (October 21st) that it is donating 1 million equity shares, which will be used to recruit sustainability minded individuals and companies that share a desire for sustainability and to empower 1 billion people with a sustainability mechanism that converts… Read More

October 20, 2014 @ 10:27 pm By JD Alois  |  

Eaglewood Capital Management, an investment management firm specializing in investing in online lending strategies, has announced that it has completed a $75 million securitization.   This represents Eaglewood’s second securitization of peer-to-peer (P2P) consumer loans and brings its total issuance to $175 million. The $75… Read More

October 20, 2014 @ 11:02 am By JD Alois  |  

The Peer 2 Peer Finance Association (P2PFA), an industry advocate group for UK P2P platforms, has jumped into the scrum regarding the forthcoming inclusion of P2P lending assets in Individual Savings Accounts (ISAs).  Chancellor of the  Exchequer George Osborne announced earlier this year that ISAs… Read More

October 19, 2014 @ 9:29 pm By JD Alois  |  

Peer to peer lending platform Lending Club has selected the New York Stock Exchange as their venue to list the much anticipated initial public offering. According to multiple reports, but first advanced in the FT, Lending Club has followed the path of several high profile… Read More

October 19, 2014 @ 12:28 pm By JD Alois  |  

Breakaway Funding is a young investment crowdfunding platform that was founded by seasoned banking executive  Kim Kaselionis.  She is the former CEO / Chairman of Circle Bank where she led the company to 53 consecutive profitable quarters and from near insolvency to being sold to… Read More

October 19, 2014 @ 11:20 am By JD Alois  |  

The Securities and Exchange Commission not only spends a lot of time creating rules they also hit the streets and enforce them.  Monolithic and ill thought out legislation such as Dodd-Frank create an almost never ending list of new rules adding complexity and inertia to… Read More

October 18, 2014 @ 4:33 pm By JD Alois  |  

First State to Create Secondary Market for Privately Crowdfunded Securities. Tired of waiting on federal regulators to implement investment (aka equity) crowdfunding for all investors, several Midwestern states, including Michigan, have legalized intrastate investment crowdfunding. Now, with the pending passage of HB 5273, Michigan’s effort… Read More

October 18, 2014 @ 8:00 am By Samantha Hurst  |  

Earlier this week, crowdfunding platform Tilt announced the official launch of Tilt/Open Pre-Orders. It is considered the easiest way to turn any website, such as static, WordPress, Squarespace, SpaceCraft, or any other, into an online store, taking pre-orders, all by dropping in two lines of… Read More

October 17, 2014 @ 4:13 pm By Samantha Hurst  |  

BOOMTOWN, a startup accelerator founded and operated by a group of media, marketing and technology veterans, announced earlier this week its second class of startups, which was composed of nine companies selected from more than 300 applicants. Selected companies are now participating in a 12-week… Read More

October 17, 2014 @ 3:46 pm By Samantha Hurst  |  

On Thursday (October 16th), One Spark, which has been dubbed as the “World’s Crowdfunding Festival,” announced it was forming its very own Creator Academy to help current and future project creators to achieve their goals, raise funds, and achieve the most value. The One spark… Read More

October 17, 2014 @ 2:45 pm By Samantha Hurst  |  

As consumers continue to search for the truth behind the deadly Ebola virus, including cures and projects dedicated to Texas nurses Amber Vinson and Nina Pham, the Better Business Bureau (BBB) has revealed that are more scams continuing to surface.  As previously reported, the city of… Read More

October 17, 2014 @ 1:30 pm By Samantha Hurst  |  

Bitcoin-powered crowdfunding platform Swarm announced its first class of startups that will be featured on its website earlier this week. According to its description, Swarm is “Kickstarter powered by Bitcoin technology.” It allows regular people to fund the startups they like, while entrepreneurs raise more… Read More

October 17, 2014 @ 11:33 am By Erin Hobey  |  

An Interview with Orchard Platform’s CEO Matt Burton Founded in 2013, the tech company Orchard Platform enables Direct Lending originators and institutional investors to optimize and scale Direct Lending at a global level. The Orchard Platform Advisors, LLC (a wholly owned subsidiary of Orchard Platform (Orchard… Read More

October 17, 2014 @ 11:20 am By Erin Hobey  |  

AIM’s Tech Celebration was held last night at the Holland Center in Omaha. According to AIM CEO, Kandace Miller, “This was truly an important night, a red carpet night. It’s our way of honoring tech brilliance in the community.” AIM’s 2014 Technology Celebration Awards honor the… Read More

October 17, 2014 @ 11:08 am By Klaus-Martin Meyer  |  

The top 10 largest equity crowdfunding campaigns in Germany have had some interesting changes this year.  There is a new number one leading the group.  Weissenhaus, a campaign that is still crowdfunding on Companisto, has surpassed €5 million (about $6.4 million USD) and extended their funding… Read More