Tagged: fundraising

December 30, 2019 @ 7:32 am By Omar Faridi  |  

Digital bank Monzo is reportedly holding discussions with various large investors about potentially raising additional funds. Following its upcoming investment round, the company might become one of the UK’s largest Fintech startups. According to sources on the matter, Monzo is in talks with investors, some… Read More

December 22, 2019 @ 5:01 pm By Omar Faridi  |  

Fintech startups Spendesk, Wynd, and Lunchr conducted some of the largest fundraising rounds in France in 2019. A study by “Observatoire de la Fintech” reveals that these financial technology companies secured a total of $700 million (appr. €625 million) in capital. Mikaël Ptachek, head of… Read More

October 30, 2019 @ 10:22 am By Omar Faridi  |  

Turing Intelligence Technology (TurinTech.ai), a research and innovation-driven artificial intelligence (AI) firm that focuses on automatic optimizations, has raised over £1 million through a seed funding round. Currently based in Cambridge, TurinTech.ai was established by four researchers at University College London (UCL). A resident at… Read More

June 26, 2018 @ 4:38 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform Pledge It announced it was introducing 0% platform fees for all campaign organizers. The funding portal reported that it will no longer charge a platform fee based on the amount raised by a campaign and instead of charging organizers a fee,… Read More

June 21, 2018 @ 9:30 am By Samantha Hurst  |  

On Wednesday, global crowdfunding platform GoFundMe announced its GoFundMe Team Fundraising, which is described as a new product providing groups of any size with the ability to collaborate and fundraise together for a personal or charitable cause. According to GoFundme, this new product brings the funding… Read More

May 2, 2017 @ 2:17 am By Jonathan Nieh  |  

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More

April 19, 2017 @ 1:56 pm By Samantha Hurst  |  

Fundraising platform MobileCause announced on Wednesday the launch of its new digital marketing services, which will be used to help nonprofits achieve their funding targets faster. According to the funding portal, the new software solutions will manage nonprofit fundraising and communication. While sharing details about… Read More

April 6, 2017 @ 11:41 am By Samantha Hurst  |  

Fundraising platform for nonprofits, MobileCause, announced on Wednesday enhancements and features launched with its first quarter 2017 product release, which are designed to help users raise more funds and simplifies fundraising processes for nonprofits. While sharing details about the features and enhancements, Sean MacNeill, MobileCause… Read More

March 30, 2017 @ 1:36 pm By Samantha Hurst  |  

Social media giant Facebook announced on Thursday it is launching a new fundraising feature that will allow users to raise funds for six types of spending, which are education, medical, pet medical, crisis relief, personal emergency, and funeral and loss. The Facebook team revealed: “Personal fundraisers… Read More

February 25, 2017 @ 12:59 pm By Samantha Hurst  |  

DonorSee is described as a new fundraising platform specifically to improve the charity industry. Its goal is to change the way people support charities with complete transparency. Instead of giving to a large charity that may fall short of the mark or simply has huge… Read More

January 18, 2017 @ 11:50 am By Samantha Hurst  |  

With less than 24 hours until its Crowdcube campaign comes to an end, fundraising platform School Notices has successfully secured nearly £825,000 in funding thanks to 186 investors. The portal launched its initiative last month and was originally seeking £700,000. School Notices was founded in 2014 by… Read More

December 22, 2016 @ 3:31 pm By Samantha Hurst  |  

School Notices, a UK-based parent to parent noticeboard and school fundraising platform, has recently launched a campaign on equity crowdfunding Crowdcube. The website is looking to raise £700,000 and so far has already raised more than £620,000 from over 50 investors. The digital fundraising and membership… Read More

September 22, 2016 @ 8:54 am By Samantha Hurst  |  

On Thursday, crowdfunding platform Crowdrise announced it formed a new partnership with the Center for Disaster Philanthropy for high-impact disaster fundraising. Sharing details about the new partnership, Robert Wolfe, co-founder and CEO of CrowdRise, stated: “We created CrowdRise to make it easier than ever to provide… Read More

January 19, 2016 @ 1:27 am By Midori Yoshimura  |  

Backed by Ping An Insurance Group Co of China Ltd., Lufax, a Chinese peer-to-peer lender, has raised $1.2 billion from a group of investors, making it one of the world’s most valuable financial technology startups.  The capital raising values Lufax at $18.5 billion. The Shanghai-based Shanghai Lujiazui International Financial Asset Exchange Co… Read More

December 11, 2015 @ 12:08 am By Midori Yoshimura  |  

In India, crowdfunding norms will soon be put into place to help entrepreneurs raise funds through crowdfunding, and discussions are underway to allow sale of mutual funds through e-commerce platforms, announced U. K. Sinha, chairman of India’s capital markets regulator, the Securities and Exchange Board of India (SEBI),… Read More

December 7, 2015 @ 1:03 pm By Samantha Hurst  |  

Seeking to make #GivingTuesday more than just a one-day event, crowdfunding platform YouCaring announced a new initiative called the Give Back Campaign.  Every Tuesday throughout the month of December, the website will be offering a total of $10,000 to its fundraiser community.  The campaign’s description reads:… Read More

October 12, 2015 @ 10:30 am By Samantha Hurst  |  

On October 1st, the Crowdster Board of Directors and major investor, Canrock Ventures, announced the appointment of Joe Ferraro as the new CEO. The leadership change signals a strategic transformation at the software company that launched its crowdfunding platform in 2014. Crowdster chairman, Mark Fasciano,… Read More

July 28, 2015 @ 1:31 pm By Samantha Hurst  |  

On Tuesday, fundraising platform Innovairre, and crowdfunding provider Fundly announced a strategic partnership to deliver a funding solution as a part of Innovairre’s first of its kind software platform. This new crowdfunding module will be offered to Innovairre’s clients and prospects through Innovairre MC, the fully integrated fundraising… Read More

June 19, 2015 @ 12:55 am By Midori Yoshimura  |  

Update on a $150 million fundraising round in progress: Chinese online lender Dianrong.com is raising funds in a round that values the startup at about $1 billion, according to people familiar with the matter, notes BloombergBusiness. Investors include Standard Chartered Plc, a British multinational banking and financial services… Read More

October 15, 2014 @ 8:40 am By Samantha Hurst  |  

Seeking to expand its growing platform, university crowdfunding website Hubbub launched an equity campaign on Crowdcube to raise £250,000. In order to raise the funds, the company decided to offer 8.12% ownership for each backer. Not only did it raise the initial goal, the campaign finished… Read More