General News

March 21, 2014 @ 10:15 am By JD Alois  |  

In a speech delivered today to the Consumer Federation of America, Securities and Exchange Commission Chair Mary Jo White addressed the needs of protecting the consumer in the securities markets. White mentions the recent appointment of Rick Fleming as the agency’s head in the new… Read More

March 21, 2014 @ 8:35 am By JD Alois  |  

B.C. Securities Commission publishes new securities crowdfunding exemption for comment. Members of the Canadian Securities Administrators published a proposed crowdfunding exemption modelled on the Saskatchewan Equity Crowdfunding exemption adopted on December 6, 2013 (the start-up crowdfunding exemption). The British Columbia Securities Commission is requesting comment… Read More

March 20, 2014 @ 10:21 pm By CJ Cornell and Charles Luzar  |  

Crowdfunding is exploding as a new way of attracting funding and financing for individuals, small businesses and entrepreneurs around the world. In 2013 alone the global crowdfunding industry was responsible for between $3 and $5 billion in funding. With the passage of the JOBS Act… Read More

March 20, 2014 @ 6:55 pm By JD Alois  |  

Ovivo Mobile Communications has apparently shut down operations in a rumored bankruptcy.  In a posting on the providers web site the company stated: Dear OVIVO Customers, We are very sad to announce that for reasons beyond our control, OVIVO Mobile is closing down on the… Read More

March 20, 2014 @ 10:08 am By Charles Luzar  |  

Steve Swink is an Arizona-based game developer and the man behind Scale, a video game that raised over $100,000 on Kickstarter in a round that closed late in 2013. The game looks incredible, by the way. It elicits thoughts of Portal with a bit of… Read More

March 20, 2014 @ 8:57 am By JD Alois  |  

Accredited Investors May Participate in Fund with a Minimum $2500 Investment. The RevTech Labs III 506(c) Index fund is officially open for investment. With the launch of the RevTech Labs III class, the fund allows accredited investors to invest in the spread of 10 startup… Read More

March 19, 2014 @ 6:02 pm By JD Alois  |  

Sean Pace, Royalty Exchange CEO and founder, has a platform that allows anyone to sell their realty stream online. Investors go to the site and bid on these future cash flows.    The site has now extended their application to iCap to go after the… Read More

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

As part of the 2014 Budget report delivered by Chancellor George Osborne today, it was announced that ISA’s (Individual Savings Accounts similar to 401k’s in the US) may now hold P2P loans.  The UK government has extended the list of qualifying investments for these widely utilized… Read More

March 19, 2014 @ 10:51 am By Charles Luzar  |  

Bancbox Invest is getting into the investor accreditation game with the launch of a new accreditation service. This is in addition to Bancbox’s existing slate of features, including escrow and investment solutions. The goal: to be “a one-stop shop for Private Placement and Equity/Debt based Crowdfunding… Read More

March 19, 2014 @ 8:50 am By JD Alois  |  

Craigslist founder, Craig Newmark, has shared an infographic depicting crowdfunding success for charities.  He states that $5 billion was raised worldwide for non-profit organizations using crowdfunding in 2013.  He has compiled some key points associated with crowdfunding best practices including: After researching crowdfundings impact on… Read More

March 19, 2014 @ 7:30 am By JD Alois  |  

Kendall Almerico and Ruth Hedges are launching Crowdfunding Radio Live, the first national radio program about the booming multi-billion dollar crowdfunding industry, The two hosts will hold a two-hour call-in show every Wednesday night at 8:00 p.m. EST beginning April 9, 2014. Crowdfunding Radio Live… Read More

March 19, 2014 @ 6:33 am By JD Alois  |  

The 3rd Annual Global Crowdfunding Convention and Bootcamp, scheduled to take place October 23-24, 2o14, is now offering a Crowdfunding Master Class certification. Attendees will have an opportunity to sign up for one of several sessions which will provide training from top experts and coaches… Read More

March 18, 2014 @ 4:27 pm By JD Alois  |  

Crowdfunding on Kickstarter, Super Retro Squad raised $53,509 on a goal of raising just $10,000.  In the world of crowdfunding these are pretty small numbers but for the 1,853 backers who as of yet have seen a game it means a lot.  Two years on… Read More

March 18, 2014 @ 3:01 pm By JD Alois  |  

High-net-worth (HNW) investor confidence has surged to its highest level since the global economic crash of 2008, reveals a poll by one of the world’s largest independent financial advisory organizations. deVere Group reports that 57 per cent of those surveyed stated they were feeling bullish… Read More

March 18, 2014 @ 11:07 am By JD Alois  |  

Boston based Launch Angels has announced their first investment for their WHERE Angels Fund (WAF). Klymit, which ran a successful Kickstarter campaign back in 2012 crowdfunding more than $50,000 on the rewards based platform,  has now been the beneficiary of an investment from the angel… Read More

March 18, 2014 @ 10:10 am By JD Alois  |  

Platform Has Grown 400% Since last July. RealtyMogul, one of the early leaders in real estate crowdfunding, is approaching the $15 million mark having funded 58 properties since launching their platform in 2012.  RealtyMogul just surpassed the $10 million hurdle at the close of 2013… Read More

March 18, 2014 @ 9:12 am By JD Alois  |  

Razoo, a crowdfunding platform for causes, has launched the Everyone’s Kids, Everyone Gives campaign which will raise funds for nonprofits focused on ending the sex trafficking of minors in the U.S.  The campaign originated from a TED Challenge Group that formed at TED 2013, where… Read More

March 18, 2014 @ 9:03 am By JD Alois  |  

Wareness.io is a studio division of VSC, a global PR firm based in San Francisco.  Wareness came about as a type of epiphany on the power of crowdfunding in creating a successful hardware product. Founded by Vijay Chattha, VSC (or Visibility, Strategy, Creativity) is one… Read More

March 18, 2014 @ 8:18 am By JD Alois  |  

As has been widely expected, the European Commission (EC) will release their comments on March 27th regarding a public consultation on crowdfunding that started in October of 2013 and ended on December 31st.  The initiative was to discover the “added value” of potential EU action… Read More

March 18, 2014 @ 7:00 am By JD Alois  |  

BackerKit, a maker of software tools for successful crowdfunders, has launched a beta of its Crowdfunding Partners platform, which makes it easy for fulfillment houses, e-commerce tools, and other services to build apps for crowdfunders. The platform gives businesses an API to plug directly into… Read More