Uncategorized

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

October 12, 2015 @ 11:19 pm By JD Alois  |  

The Financial Market Authority in New Zealand is increasing the amount of competition in the online lending space. The FMA has now approved the application of Lending Crowd – the 4th P2P lender to join the arena alongside other established lending platforms. Lending Crowd will… Read More

October 12, 2015 @ 2:42 pm By JD Alois  |  

Regulatory consultancy Bovill states that many aspiring peer to peer lending platforms are having a change of heart.  According to a release published by the firm, 26% of P2P lending applicants have withdrawn their request as they are concerned they will not be able to meet… Read More

October 12, 2015 @ 2:03 pm By JD Alois  |  

AngelList has posted a “few announcements” on their blog today.  CSC Upshot, a new venture capital firm, has raised a $400 million fund to invest in startups on AngelList.  According to AngelList this is the 3rd largest seed stage fund ever.  AngelList has raised approximately… Read More

October 12, 2015 @ 1:09 pm By JD Alois  |  

Global consulting firm Accenture has published research reflecting on how difficult it is for big corporations to incorporate an innovation culture: One that not only embraces change, but empowers it to thrive. Accenture  did a survey of 1000 large companies, along with a poll of… Read More

September 28, 2015 @ 3:41 pm By Samantha Hurst  |  

Last week, smart lifestyle products retailer, Brookstone, announced that Indiegogo success Axent Wear’s Cat Ear Headphones is now available for pre-ordering through its website. Axent, which was created by two UC Berkeley Alums, took to the global crowdfunding platform with the headphones late last year. They are considered… Read More

September 21, 2015 @ 4:20 pm By Samantha Hurst  |  

Last week, Stroud-based startup Fashion for Change launched an equity crowdfunding campaign on Crowdcube to raise £300,000 for the expansion of its online fashion-recycling boutique. Fashion For Change, which was created by experienced entrepreneur Isla D’Aubigny, is described as an online fashion-recycling boutique dedicated to fundraising. It enables donors to easily… Read More

September 16, 2015 @ 1:38 pm By Samantha Hurst  |  

NonProfitEasy (NPE) announced on Wednesday that it has formed a strategic alliance with Points of Light to offer their 250 Affiliates its latest cloud-based volunteer management system, Fundly Connect, formerly known as VolunteerEasy. This news comes just one week after the all-in-one data management software solution acquired the… Read More