April 27, 2017 @ 3:07 pm By Erin Hobey  |  

Online payment platform Payza announced that its members in China can now utilize their Payza e-wallets using WeChat, UnionPay, and ePayLinks. Chinese Payza members may also now perform online transactions in Chinese Yuan Renminbi (CYR). The company has offered basic services in China since 2012, however, this is… Read More

September 27, 2016 @ 9:25 am By Erin Hobey  |  

What to do when eCommerce goes global? Partner up with fintech. Rakuten.com, a leading US eCommerce marketplace, has announced its collaboration with Payoneer, an online payments company disrupting the way businesses send and receive cross-border payments. The new offering allows global merchants to sell on Rakuten.com and… Read More

April 7, 2014 @ 9:36 am By Charles Luzar  |  

We’ve been keeping up with PandoDaily writer James Robinson’s (pictured) digging into HealBe’s Indiegogo campaign. It turns out that Robinson’s search is now leading him toward other Indiegogo campaigns seemingly with similar issues. A recent article dives into claims made during a campaign for the TellSpec, a device… Read More

March 27, 2014 @ 11:58 am By Bret Conkin  |  

This article originally appeared in ITBusiness and is being shared with Crowdfund Insider’s readers by Bret Conkin of FundRazr. The rules posted yesterday by Canadian securities regulators are still being digested, but upon first read, they appear very encouraging for Canadian startups, small business and… Read More

March 4, 2014 @ 9:06 am By Charles Luzar  |  

Throughout 2013, PayPal and crowdfunding project creators repeatedly found themselves at odds. First it was Lab Zero Games, the company behind the hugely popular campaign for Skullgirls. Paypal froze Lab Zero’s account only to later release all but $35,000 of Lab Zero’s Indiegogo cash. It… Read More

February 13, 2014 @ 10:05 am By Charles Luzar  |  

FundersClub has announced the launch of the FundersClub Theme Series, a series of managed funds focused on early-stage companies in specific verticals. The first three funds will focus on health & wellness, Bitcoin & payments and hardware. FundersClub is an invite-only equity crowdfunding play. Just last month the… Read More

February 6, 2014 @ 4:23 pm By Charles Luzar  |  

When we first reported on payment startup Celery, the company had just come out of Y Combinator (by proxy via Airbrite) to launch a payment solution for crowdfunding project creators who had already closed a crowdfunding round. We did an in-depth interview with Chris Tsai… Read More

January 26, 2014 @ 2:05 pm By Charles Luzar  |  

Earlier this week we reported on a crowdfunding campaign launched by Balanced. It’s interesting in that it seeks to fund a new feature for Balanced’s ever-evolving online payments platform. In this case – and despite the fact that this is still a rewards-based campaign –… Read More

January 23, 2014 @ 10:33 am By Charles Luzar  |  

We’ve reported on Balanced pretty extensively here at Crowdfund Insider. If there is one thing to know about this innovative online payments company, it’s that they take a really unorthodox approach to building their product, leaning heavily on the tenets of the open source software… Read More

January 18, 2014 @ 11:49 am By Charles Luzar  |  

Remember Amex Sync? Back in 2012, American Express launched the program as a joint effort with Twitter. It offered Twitter users discounts on products for tweeting certain hashtags. The possibility of Twitter entering the e-commerce game has been the subject of a lot of prognostication… Read More

January 9, 2014 @ 10:52 am By Charles Luzar  |  

For a lot of people, crowdfunding is Kickstarter. That is just how big New York City’s rewards-based crowdfunding stalwart has grown. Yesterday saw the release of Kickstarter’s 2013 recap. We covered it here on Crowdfund Insider, and it was inevitably picked up by just about every blog… Read More

November 25, 2013 @ 10:39 am By Charles Luzar  |  

BancBox Invest (formerly BancBox Crowd) is a crowdfunding API that we’ve covered in-depth in the past. The escrow and payment solution for crowdfunding platforms recently shared statistics with Crowdfund Insider, and so far things are looking good. The company shared that 18 crowdinvesting platforms are current… Read More

October 21, 2013 @ 11:03 am By Charles Luzar  |  

Payment processors have certainly reaped the benefits of the billions of dollars flowing through the crowdfunding space. WePay is no exception, having recently announced that they are processing as much as $1.5 million in crowdfunding contributions per day. Other quick stats… Secured their first API… Read More

September 12, 2013 @ 7:27 pm By Charles Luzar  |  

This statement from Tomer Barel, PayPal VP of Risk Management, was posted yesterday and just shared with Crowdfund Insider. We’re posting this in it’s entirety and letting it speak for itself. TL;DR: it seems PayPal is about to get serious on fixing systemic issues regarding… Read More

September 12, 2013 @ 4:58 pm By Charles Luzar  |  

PayPal has been a frequent subject of crowdfunding news recently for freezing and unfreezing payments for a host of successfully-funded crowdfunding campaigns. These include but are not limited to: Sigmo, Mailpile, GlassUp, Skullgirls and more. We recently came into contact with Balanced, an online payment… Read More

September 10, 2013 @ 11:04 am By Charles Luzar  |  

PayPal has recently made headlines for freezing the funds of successfully funded Indiegogo campaigns like MailPile and GlassUp. Both decisions were eventually reversed and accompanied by statements from PayPal admitting an error. In the MailPile case, PayPal was insistent that the company is committed to… Read More

August 19, 2013 @ 3:45 pm By Charles Luzar  |  

We recently brought you the story of Balanced, a payment processor and escrow service specializing in P2P marketplaces and crowdfunding platforms. Part of the story around Balanced is their open approach to building a business. A big part of that approach is deep integration with… Read More

July 25, 2013 @ 9:17 am By Charles Luzar  |  

Balanced was created to increase the global economy through payments. As we built Balanced, it troubled me that we had adopted the closed-off culture common to the financial services industry, where everything was locked up for the sake of “competitive advantage.” That wasn’t the kind of… Read More

July 22, 2013 @ 9:41 am By Charles Luzar  |  

One of the most important decisions any crowdfunding platform will undertake is deciding how to process payments. Platforms operate in a very specific (and complicated) context. In particular, two issues are bound to come up when considering whether to adopt a certain payment solution… Escrow… Read More

July 4, 2013 @ 12:46 pm By Charles Luzar  |  

Cristina Cordova is in business development at online payment processor Stripe. Stripe is a well-known payment system. I’ve personally worked on Stripe integrations and can say that it’s a very nice system to work with, so my interest was piqued when I saw that Cristina… Read More