Uncategorized

December 22, 2017 @ 10:31 am By Samantha Hurst  |  

Just days after announcing it was extended its equity crowdfunding campaign on Crowdcube, UK-based distillery The Oxford Artisan Distillery (TOAD) has successfully secured its initial £750,000 funding target.  As previously reported, TOAD was launched in July 2017 and describes itself as a grain-to-glass distillery producing spirits from heritage grain… Read More

December 20, 2017 @ 10:54 am By Samantha Hurst  |  

Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, announced on Tuesday it has acquired Butterfleye, Inc., an AI-powered video camera, and security platform. This news comes just a little over a year after Butterfleye secured $641,774 for its monitoring camera on crowdfunding… Read More

December 16, 2017 @ 11:25 am By JD Alois  |  

South Korea has decided not to ban cryptocurrencies after all, instead the Korean government has decided to caution consumers on purchasing or trading in cryptocurrencies while regulators attempt to better manage the emerging market.  Previously, it was expected that Korean government officials were going to… Read More

December 16, 2017 @ 10:01 am By JD Alois  |  

How times are changing. Reported Bitcoin billionaire Niklas Nikolajsen has become the new sponsor of the Danish Hockey team Rungsted Seier Capital. The team has been playing at Saxo Bank Arena, sponsored by the more traditional Saxo Privatbank, but as of December 27, 2017, the rink… Read More

December 6, 2017 @ 8:20 pm By JD Alois  |  

The Australian Securities Exchange (ASX) will migrate away from its Clearing House Electronic Subregister System or “CHESS” to a system using Distributed Ledger Technology (DLT) commonly referenced as Blockchain. The CHESS platform has been in place since the 1990s. ASX said it is now taking… Read More

November 18, 2017 @ 8:00 am By Samantha Hurst  |  

UK-based Cubana Waterloo Ltd is now seeking a, £200,000 loan, payable at an estimated APR of 10%, through crowdfunding platform Crowd2Fund, in order to expand its Latin American street food and exotic Cuban cocktails concept. Cubana’s restaurant group was founded in 1998 by Phillip Oppenheim,… Read More

November 15, 2017 @ 4:34 pm By JD Alois  |  

The Financial Industry Regulatory Authority (FINRA) has revealed several changes to its advisory committees. These changes are designed to increase transparency around the committees and improve their effectiveness as a vehicle for firms to provide input on key issues before FINRA. The move is part… Read More

November 11, 2017 @ 11:08 am By JD Alois  |  

The House Financial Services Committee has been rather busy of late. The powerful Committee led by Chair Jeb Hensarling has been pushing through legislation at a brisk pace. Next Tuesday (November 14th), the Committee has over 20 bills to consider. One of the bills, HR… Read More

October 18, 2017 @ 12:09 pm By Samantha Hurst  |  

Singapore-based fintech firm Alpha Fintech announced on Wednesday it has teamed up with Bahrain’s Finocracy to gain access to the Gulf Cooperation Council’s (GCC) e-commerce market. Alpha Fintech describes itself as a company that specializes in end-to-end payment solution, enabling banks to quickly access new fintech partners… Read More

September 26, 2017 @ 7:58 am By JD Alois  |  

The UK Amazon Growing Business Awards ceremony will take place on 29th November 2017 at The Brewery, London. Today, the e-commerce/tech company has announced their shortlist of companies in the mix to win.  According to Amazon, more than 500 nominations were received from across the… Read More

September 13, 2017 @ 3:17 pm By JD Alois  |  

DSTLD, a company that wants to disrupt the $200 billion fast fashion market with fairly priced, direct-to-consumer premium clothing (like jeans), has returned to SeedInvest to crowdfund their Series A-2 round. Previously, DSTLD raised $1.7 million under Reg A+ crowdfunding rules. The company has returned… Read More

September 13, 2017 @ 3:09 pm By Samantha Hurst  |  

Earlier this week, German coffee start-up Bonaverde completed its equity crowdfunding round on Seedrs. The company launched the campaign earlier this summer, seeking £750,000 and within the first month it surpassed its funding target and finished the round with more than £1.3 million. As previously reported, Bonaverde raised $681,461 from 2,254 backers on Kickstarter… Read More

September 13, 2017 @ 10:33 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced the launch of a nationwide search to fill the position of the Advocate for Small Business Capital Formation. The new post was created by legislation signed into law at the end of 2016. The mission of the Advocate… Read More

September 12, 2017 @ 4:15 pm By JD Alois  |  

SoFi co-founder and CEO Mike Cagney has announced he will resign from SoFi at the end of this year. In a message to SoFi employees last night, Cagney said it was with “heavy heart” he will depart the iconic firm he founded. The announcement comes… Read More

September 5, 2017 @ 1:18 pm By Erin Hobey  |  

Payza, the Montreal-based payments technology company, has introduced a new cryptocurrency feature, Cryptocurrency Address Manager. This new feature enables Payza members to generate and manage cryptocurrency addresses from within their Payza accounts. With this launch, Payza members will be able to generate their own Bitcoin… Read More

August 31, 2017 @ 9:10 am By Samantha Hurst  |  

Just days after Texans football player JJ Watt launched a crowdfunding campaign on YouCaring dedicated to Hurricane Harvey victims, the initiative has successfully secured more than $9.4 million from nearly 100,000 supporters. As previously reported, Watt kicked off the campaign on Sunday afternoon with a… Read More

August 30, 2017 @ 10:34 am By JD Alois  |  

Novume Solutions, a holding company formed as part of the merger between Keystone Solutions and Brekford Traffic Safety, has commenced trading on OTCQX. Keystone Solutions utilized the Reg A+ securities exemption to raise $5.3 million earlier this year. A copy of the Offering Circular is… Read More

August 10, 2017 @ 9:08 am By JD Alois  |  

The Monetary Authority of Singapor (MAS), along with the Commercial Affairs Department (CAD) have published a warning to consumers regarding Initial Coin Offerings (ICOs) or Token Offers and other investment schemes involving digital coins. The ICO market and affiliated Token Offerings has risen rapidly catching… Read More

July 28, 2017 @ 11:14 am By JD Alois  |  

FinTech Australia is out with a statement saying that two recent independent reports bode well for the underlying strength of Australia’s Fintech industry and further opportunities for growth. Earlier this week, the Reserve Bank of Australia released a discussion paper on consumer payment methods.  On… Read More

July 26, 2017 @ 5:29 pm By JD Alois  |  

FundersClub, an online venture capital platform providing access to early stage growth companies for accredited investors, has downsized and streamlined operations.  Crowdfund Insider recently heard some industry chatter regarding a culling of staff so we reached out to CEO and co-founder Alex Mittal for an… Read More