General News

October 1, 2014 @ 2:12 pm By Erin Hobey  |  

WealthForge, a leading technology provider for raising private capital online, today announced its list of the top 15 influencers in the private placement industry. The 15 individuals come from diverse backgrounds, with professionals across the financial, technology, legal and regulatory sectors. “These 15 industry experts… Read More

October 1, 2014 @ 2:07 pm By Samantha Hurst  |  

Continuing to enjoy its success with the crowdfunding method, Philadelphia startup, Spor, recently revealed it received $200,000 from angel investor, Francis Wisniewski. This past summer, the startup became a huge hit on Kickstarter, and raised $112,408 through its 1,439 backers. Spor, which was found by Drexel University graduate… Read More

October 1, 2014 @ 1:50 pm By Erin Hobey  |  

Medicortex Finland Oy is a start-up pharmaceutical company focused on the treatment of neurodegenerative conditions. The company is developing a pharmaceutical therapy, which will limit the long-term effects of brain injuries, including the types of severe brain trauma that veterans may have received in combat…. Read More

October 1, 2014 @ 1:20 pm By JD Alois  |  

Has peer-to-peer lending has turned into hedge fund-to-consumer lending?  According to a recent report in Risk this may be the case. While P2P lending started out by matching an individual borrower with an individual investor things have rapidly changed.  The outsized returns generated by the… Read More

October 1, 2014 @ 1:19 pm By Erin Hobey  |  

FuelBox Inc., makers of the mobile charging solution called the powerStation, has been selected as part of funding site Indiegogo’s new “Forever Funding” pilot program. The “Forever Funding” program invites top funding performers like FuelBox to continue pre-order sales and fund raising beyond initial timelines… Read More

October 1, 2014 @ 12:00 pm By JD Alois  |  

Described as the worlds largest lost and found, Tile – an item finder device, has received significant funding from two big name investors.  In a public statement, Tile indicated they have closed on $13 million in funding, including $9.5 million Series A from GGV Capital… Read More

October 1, 2014 @ 9:22 am By Samantha Hurst  |  

RCS Capital Corporation (NYSE: RCAP) announced on Wednesday (October 1st) that it has entered into a definitive agreement to acquire Cole Capital Partners, LLC and Cole Capital Advisors, Inc. (together, “Cole Capital”) from American Realty Capital Properties, Inc. (NASDAQ: ARCP) for $700 million plus contingent consideration. Cole Capital is the… Read More

October 1, 2014 @ 8:27 am By Samantha Hurst  |  

Real estate crowdfunding provides investors with an array of projects to choose from, and American Homeowner Preservation, also known as AHP, is using this growing online marketplace to offer social impact investing opportunities that benefit homeowners and communities nationwide. In purchasing pools of distressed mortgages, AHP… Read More

September 30, 2014 @ 3:22 pm By Samantha Hurst  |  

Kickstarter is making its way across the pond! In celebration of the UK’s most innovative projects, the crowdfunding giant announced it will be heading to London for a four-day visit. On Tuesday (September 30th), Kickstarter team member, Niina Pollari took to the platform’s blog and wrote,… Read More

September 30, 2014 @ 11:54 am By Erin Hobey  |  

The data firm PeerIndex has raised over 83% of its £500,000 equity crowdfunding campaign goal  on Seedrs.  PeerIndex is a multi-award winning start-up which helps companies extract intelligence to make faster, more costeffective decisions by understanding the behavior of hundreds of millions of consumers and influencers on… Read More

September 30, 2014 @ 11:21 am By Erin Hobey  |  

Money360, Inc., the original peer-to-peer (P2P) real estate lending marketplace, announced the relaunching of its online marketplace in a nationwide expansion with $100+ Million available to lend, which enables accredited investors to fund loans secured by commercial real estate. The company originally launched in 2010… Read More

September 30, 2014 @ 10:52 am By Erin Hobey  |  

IPO marks the first equity crowdfunded company to complete successful public offering OurCrowd, the leading hybrid venture capital equity crowdfunding platform for accredited investors, announced today that its portfolio company ReWalk Robotics (RWLK) has completed its successful IPO on the NASDAQ. The company issued 3,450,000… Read More

September 30, 2014 @ 8:01 am By Anthony Zeoli  |  

While the industry waits for Title III crowdfunding rules to be released, the intrastate crowdfunding movement continues to move forward (as a whole). Here is a brief update as to the status of the enactment/use of intrastate crowdfunding exemptions in certain states. TEXAS – Unlucky… Read More

September 30, 2014 @ 7:10 am By JD Alois  |  

Seedrs recently chalked up another first by offering shares of Chapel Down in an equity crowdfunding campaign on their platform.  Chapel Down is a publicly traded company listed on the ISDX growth market in the UK.  The funding closes on October 1st but stands at… Read More

September 29, 2014 @ 3:56 pm By Samantha Hurst  |  

Securities Industry and Financial Markets Association, also known as SIFMA, released a document this summer that provided guidance for investment advisers and broker-dealers to bring more clarity to the process of investor verification. Crowdentials, a compliance firm focused on making capital formation easier for investors and… Read More

September 29, 2014 @ 10:48 am By Samantha Hurst  |  

Last Friday (September 26th), New York City police announced they have been searching for the perpetrator that broke into Kickstarter’s headquarters and stole some electronics earlier in the week. CBS New York reported that around 8:20 p.m. on Wednesday (September 24th), the suspect entered the… Read More

September 28, 2014 @ 10:09 pm By JD Alois  |  

The Crowdfunding Professional Association (CfPA) is holding their annual educational summit in Washington, DC this week.   Registration is still open for the two day event that is described as  the “Premier  Annual Education Event” for the crowdfunding industry’s non-profit trade association. Topics scheduled for… Read More

September 28, 2014 @ 5:34 pm By JD Alois  |  

The Securities and Exchange Commission has published a report on markets for small capitalization equities as part of the requirement of the JOBS Act to study decimalization and trading of small cap companies.  Questions of liquidity and market efficacy have been ruminating at the SEC… Read More

September 28, 2014 @ 4:42 pm By JD Alois  |  

Richmond, Virginia based WealthForge has announced the opening of to new satellite offices in both New York City and San Francisco.  The company expects to open an additional office in Los Angeles later this year. WealthForge is a technology provider and broker / dealer that… Read More

September 27, 2014 @ 9:28 am By JD Alois  |  

In a comment letter addressed to SEC Chair Mary Jo White, 24 members of Congress have demanded the SEC keep state “Blue Sky Review” preemption as part of Title IV of the JOBS Act, commonly referred to Regulation A+.  The Congressmen also requested removal of… Read More