Tagged: acquisition

January 31, 2017 @ 2:39 pm By Samantha Hurst  |  

Lifestyle brand for gamers, Razer, announced on Monday it acquired Kickstarter alum, Nextbit. The company is known for securing over $1.3 million through the crowdfunding giant’s platform for smartphone, Robin. Sharing details about the acquisition, Razer Co-Founder and CEO Min-Liang Tan, stated: “Nextbit is one of… Read More

January 11, 2017 @ 8:43 am By Samantha Hurst  |  

On Tuesday, global crowdfunding platform GoFundMe announced it has officially acquired CrowdRise, an online fundraising platform for charities and non-profits. According to GoFundMe, CrowdRise will now focus on fundraising for charity and fundraising for individuals will be directed to GoFundMe. The funding portal also noted that… Read More

January 9, 2017 @ 2:48 pm By Samantha Hurst  |  

California fintech firm, InvestCloud announced on Monday it acquired London-based Babel Systems for $20 million. This news comes just a few months after JPMorgan Chase & Co. (NYSE: JPM) announced it made an equity investment in InvestCloud.  Founded in 2008, Babel created the Babelsys securities processing system for… Read More

December 27, 2016 @ 3:46 pm By Samantha Hurst  |  

Spanish banking group, BBVA, recently announced it has acquired, Openpay, a fintech startup and payment service provider (PSP) that facilitates e-commerce, including on mobile devices, for large businesses and SMEs.  According to BBVA, Openpay combines a cutting-edge, real-time platform that allows users to make card,… Read More

December 7, 2016 @ 2:39 pm By Samantha Hurst  |  

After continuing to remain silent about Fitbit’s possible acquisition, famous Kickstarter alum Pebble announced to backers on Wednesday that the acquisition is officially happening. As previously reported, Eric Migicovsky, the founder of Pebble, debuted the wearable tech on Kickstarter’s crowdfunding platform in 2012.  Its first… Read More

September 29, 2016 @ 1:35 pm By Samantha Hurst  |  

On Wednesday, crowdfunding platform for music, PledgeMusic, announced it has officially finalized its acquisition of Set.fm and has appointed founder and CEO of Set.Fm, Matt Peterson, as its Austin general manager.  Peterson will be reporting to PledgeMusic’s CEO Dominic Pandiscia. Launched in 2012 by Peterson, Set.fm allows… Read More

September 27, 2016 @ 3:55 pm By Samantha Hurst  |  

On Tuesday, Minnesota-based software company, SportsEngine, announced it has acquired RallyMe, a crowdfunding platform that dedicated to sports. The funding portal has notably helped athletes, teams, and national governing bodies raise the funds needed for various sports and events. Sharing details about the acquisition, Justin Kaufenberg,… Read More

August 30, 2016 @ 11:34 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced the acquisition of its #FundedClub member, Wool and the Gang. The London-based DIY fashion brand was acquired by BlueGem Capital Partners. Crowdcube also reported since 2013 more than 5 million has been returned to investors following the exits… Read More

August 10, 2016 @ 2:46 pm By Samantha Hurst  |  

Holvi, a Finland-based fintech startup, has officially been acquired by multinational Spanish banking group, BBVA. Founded in 2011, Holvi notably provides entrepreneurs and SMEs with a “regulated one-stop-shop” to collect income, manage expense and offer a real-time view of finances, which includes online sales platform, invoicing… Read More

July 12, 2016 @ 1:44 pm By Samantha Hurst  |  

PledgeMusic announced this week it has officially finalize its acquisition of music community platform NoiseTrade. The crowdfunding portal revealed it was set to acquire the website earlier this year, along with Set.fm. The newly integrated company will reportedly have a user-base of more than 3 million highly active music… Read More

July 7, 2016 @ 10:19 am By Samantha Hurst  |  

Just fifteen months after being acquired by Majestic Wines for £70 million, NakedWines announced the acquisition has fueled its crowdfunding platform’s growth over the past year. Majestic Wines revealed its year-end results in June and reported its annual results and showed strong growth thanks to Naked Wines,… Read More

June 20, 2016 @ 9:12 am By Samantha Hurst  |  

Texas-based real estate crowdfunding platform, MassVenture, announced on Monday that it has acquired funding portal, Equity Brick LLC. According to MassVenture, the acquisition will help it to continue to scale and improve upon technologies, and expand investment opportunities to its combined client base. Sharing details about… Read More

April 19, 2016 @ 8:46 am By JD Alois  |  

Marketplace lender Lendix has acquired short term loan specialist Finsquare. Lendix, the largest marketplace lending platform in France, said that Finsquare’s product addressed a “real demand for lenders and borrowers alike.”  The acquisition was viewed as highly complementary to the Lendix platform – an online lender… Read More

March 17, 2016 @ 2:07 pm By Samantha Hurst  |  

CEO and co-founder of Kickstarter, Yancey Strickler, announced on Thursday that the crowdfunding platform has officially acquired artist community website, Drip. This has been named Kickstarter’s first acquisition. Drip is described as a curated platform that gives creators and communities a place to interact through… Read More

March 15, 2016 @ 3:43 pm By Samantha Hurst  |  

Just before its debut at the 2016 SXSW Festival in Austin, Texas on Saturday, Indiegogo project Asperger’s Are Us announced it was acquired by streaming giant, Netflix. Asperger’s Are Us is described as a documentary about the first comedy troupe consisting of openly autistic people. The… Read More

March 9, 2016 @ 10:14 am By Samantha Hurst  |  

PledgeMusic, a crowdfunding platform for music, announced this week it will acquire NoiseTrade and Set.fm. The newly integrated company will reportedly have a user-base of more than 3 million highly active music superfans directly engaging with the artists they love.  PledgeMusic Founder and CEO Benji Rogers,… Read More

February 19, 2016 @ 4:18 pm By Samantha Hurst  |  

Gust, a global service provider powering the entrepreneurial ecosystem, has acquired Fundacity, which is considered one of the world’s most popular platforms powering startup accelerator programs. Fundacity reportedly supports over 100 accelerator programs serving users in 156 countries with a flexible solution for application creation, management, and cohort… Read More

December 28, 2015 @ 12:01 pm By Samantha Hurst  |  

Following the recent announcement that Camden Town Brewery has been acquired by mega brewer AB InBev, CEO Jasper Cuppaidge revealed more details about the situation with Business Insider. Last week, Jasper discussed the transaction to fans and shareholders; “The ‘craft’ brewing movement has seen incredible growth… Read More

December 22, 2015 @ 2:35 pm By Samantha Hurst  |  

Following the announcement that Camden Town Brewery has been acquired by mega brewer AB InBev, Crowdcube shared its excitement for the brewery, which has been dubbed the equity crowdfunding platform’s second exit. On Monday, founder of Camden Town Brewery, Jasper Cuppaidge, announced the transaction to fans… Read More

November 6, 2015 @ 10:28 am By Samantha Hurst  |  

Earlier this fall, crowdfunding platform Kickstarter announced it became a public benefit corporation (PBC). This type of corporation performs a specific function for the benefit of the public. Now CEO and co-founder of the famous website, Yancey Strickler is ready to share details about the business’ change and… Read More