Uncategorized

December 24, 2015 @ 9:48 am By JD Alois  |  

The relatively new office of the Investor Advocate has published its annual report.  The SEC was mandated to create the Investor Advocate as part of Dodd-Frank.  Rick Fleming, previously an attorney with  NASAA, was appointed  as the Commission’s first IA. This is the second annual… Read More

December 23, 2015 @ 4:21 pm By Samantha Hurst  |  

Earlier this month, CrowdRise co-founder Edward Norton teamed up with Humans of New York (HONY) and craigsconnect to launch a crowdfunding campaign to raise funds for a Syrian refugee whose story had gone viral thanks to HONY’s Brandon Stanton and President Obama. Within an hour, the… Read More

December 22, 2015 @ 3:56 pm By Samantha Hurst  |  

Earlier this week, University of Connecticut (UConn) employees launched new crowdfunding pages as part of the university’s “Close to Home” campaign. The project’s description reads: “The Close to Home Campaign provides UConn’s faculty and staff with an opportunity to make a gift to UConn in… Read More

December 21, 2015 @ 11:42 am By JD Alois  |  

Fig Publishing, born in part from the huge success of Double Fine Ventures and its standout Kickstarter crowdfunding campaigns, is raising capital and it has just filed a Tier 2 Regulation A+ offer with the SEC. The filing, completed by the law firm of Ellenoff,… Read More

December 15, 2015 @ 12:49 pm By Samantha Hurst  |  

With the new year just a little over two weeks away, global crowdfunding platform Indiegogo shared revealed 2015 as the “year of crowdfunding.” The website unveiled an infographic that shows off the funds raised per its categories, European and global funds raised, VC funding secured by… Read More

December 15, 2015 @ 12:29 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform YouCaring announced “The 10 Most Compassionate Cities and States,” which highlights the areas of the U.S. that best demonstrate the spirit of helping others and giving back.YouCaring, which provides free crowdfunding for personal and charitable causes, such as medical expenses and… Read More

December 12, 2015 @ 9:54 am By Samantha Hurst  |  

This week, crowdfunding platform Tilt announced the opening of its new office in Blacksburg, Virginia know as “Tiltsburg.” The company has a history with the state as one of its director or product, Marek Zareba, is an alum of the University of Virginia. According to the… Read More

December 11, 2015 @ 11:30 am By JD Alois  |  

In a speech entitled, “Financial Stability and Shadow Banks: What We Don’t Know Could Hurt Us“, Federal Reserve Vice Chairman Stanley Fischer cautioned that while much has been done to reduce shadow banking risk, more needs to be done. The theme appears to be gaining… Read More

December 11, 2015 @ 9:29 am By JD Alois  |  

Zano, a drone project on Kickstarter, appeared to embrace it’s own demise.  A month after announcing its intent to ship the Zano drones, the Torquing Group (Zano creators), announced it was heading into receivership and all was lost. Zano was the largest UK Kickstarter campaign… Read More

December 11, 2015 @ 8:55 am By JD Alois  |  

Zopa, the largest peer to peer lending platform in the UK, is reportedly working with JP Morgan to raise £70 million giving the company a £500 million valuation. Zopa was the first P2P lender in the UK and pioneered the concept that has been embraced… Read More

December 10, 2015 @ 12:41 pm By Samantha Hurst  |  

Netwrix Corporation, a provider of IT auditing software that delivers complete visibility into IT infrastructure changes and data access, announced it has launched Netwrix Donation, a program to support charity projects worldwide. This new project will grant financial aid to the communities through a close… Read More

December 8, 2015 @ 11:52 am By Erin Hobey  |  

Lemonade Inc., experts to serve the world’s first peer-to-peer (P2P) insurance company,  just stepped out of “stealth mode” and into the limelight, to launch as the first P2P insurance company in the world.  The NYC-headquarted startup has secured $13 million funding in a round led by Aleph and Sequoia Capital…. Read More

December 4, 2015 @ 11:24 am By Erin Hobey  |  

P2P-Banking.com’s Claus Lehmann posted a comprehensive interview this morning with Alejandro Cosentino, the CEO of Afluenta.  Afluenta, a leading marketplace lending company in Latin America (LatAm) that connects creditworthy borrowers with investors, to create more convenient loans and better investment opportunities, provides an innovative investment alternative for individuals… Read More

November 23, 2015 @ 2:40 pm By Samantha Hurst  |  

Fundera, an online marketplace for small business loans, announced on Monday the release of its new report on the State of Online Small Business Lending. The platform believes that this new document shows its dedication to transparency in the alternative lending sector. The report was… Read More

November 18, 2015 @ 4:19 pm By JD Alois  |  

RealtyMogul has just closed a bridge loan in the amount of $49 million. The  fast growing real estate crowdfunding platform states this is the largest loan ever for an online platform.  The financing was to facilitate the acquisition of the Metropolitan at Buckhead, an apartment… Read More

November 4, 2015 @ 9:48 am By Samantha Hurst  |  

Atlanta-based FinTech direct loan provider, LendingPoint, announced on Wednesday the signing an additional credit facility for $5 million of incremental financing with Aeterna Capital Partners. This news comes on the heels of the recent funding capacity up to $100 million with funds managed by Ares… Read More

November 2, 2015 @ 3:51 pm By Samantha Hurst  |  

Just one week after launching its new Crowdcube campaign, fast growing bespoke burrito and taco chain, Chilango, has successfully raised £992,000 out of its £1 million goal. As previously reported, Chilango launched its aptly named Burrito Bond in 2014.  The mini-bond security offered investors an 8% annual return… Read More

October 22, 2015 @ 12:01 pm By Erin Hobey  |  

Some bra!  With less than two days remaining on its Kickstarter campaign, NYC startup Knix Wear has successfully captured over $700,000 for its 8-in-1 Evolution Bra. As previously reported by Crowdfund Insider‘s Samantha Hurst, Knix Wear describes its Evolution Bra as the most comfortable, versatile, and technologically advanced undergarment. Its patented wire-free construction, is… Read More

October 22, 2015 @ 9:35 am By Samantha Hurst  |  

BorrowMyDoggy, a Southwark-based startup that connects dog owners with local dog lovers across the UK and Ireland for walks, sitting and happy holidays, announced this week that it has received over £1.5M through Crowdfinders, a crowdfunding event that brings investors and companies together for face-to-face pitches. Sharing details about… Read More

October 13, 2015 @ 4:22 pm By Samantha Hurst  |  

Redfoot Shoes Limited, a Manchester-based shoe company, has launched an equity crowdfunding campaign on Seedrs to raise £400,000 so that it may begin expansion.     Redfoot shared that it has developed a number of “successful” footwear products under its two brands – Redfoot and Goodwin. The… Read More