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crowdfunding
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504

Curve smashes crowdfunding record in minutes with £5m overfund

Via FinTech Futures

Over-the-top banking platform Curve has become the fastest start-up to reach £4 million on Crowdcube and has raised overfunding of more than £5 million, reports Jane Connolly.

Within 42 minutes of launching on the crowdfunding platform to pre-registered customers, Curve attracted four times its original £1 million target, smashing Crowdcube’s existing record.

Curve also broke the record for the number of people investing in a campaign through Crowdcube, which was previously held by Chip with around 6,500 investors. (more…)

Crowdfunding/investing, Fintech news

September 4, 2019

377

Neobank Arival surpasses crowdfund target

via FinTech Futures

Singapore-based neobank, Arival, has surpassed its £700,000 crowdfunding target on Crowdcube following its announcement in June to become the first licensed digital bank in the US this year.

The three-year-old bank has raised £1,214,136 so far, before it closes the round at midnight on 6 September. Currently Arival has a pre-money valuation of £12,012,061.

Targeted users for the neobank are those rejected by other banks, including E-Residency businesses, expats and refugees, cryptocurrency and blockchain-related businesses, politically exposed persons, and digital influencers. (more…)

Banks, Crowdfunding/investing, Hotnews, InspirAsia, Mobile-first banks, Singapore

September 2, 2019

3835

Crowdfunding: Invesntors and Charity

Global crowdfunding experienced accelerated growth in 2014, expanding by 167% to reach $16.2 billion raised, up from $6.1 billion in 2013. 

Read our full research “Money of the Future”. Download PDF (20MB)
(more…)

Crowdfunding/investing, Fintech news, Global trends, InspirAsia, SME

March 21, 2016

1626

Crowdfunding for the Public Good Is Evil

By Peter Moskovitz for Wired.com

EMMA HOFMAN, A kindergarten teacher in New Orleans, needs your money. In the past two years, she has set up six fund-raising campaigns on the website DonorsChoose.org. Her goal isn’t to fund expensive field trips or even a new computer. She just wants her kids to have books, pencil sharpeners, and a few blocks to play with. (more…)

Crowdfunding/investing

March 16, 2016

2231

Fastest Crowdfunding Ever: £1 million in 96 Seconds

By Tom Blomfield, Mondo

Yesterday at 1pm we relaunched our crowdfunding round after overwhelming demand crashed Crowdcube’s servers on Monday. (more…)

Banks, Fintech news, Mobile payments/banking, Mobile-first banks

March 4, 2016

Let’s Do The Show Right Here: Crowdfunding Site Targets Concert Promoters

By Trevor Clawson for Forbes

The onward march of digital technology hasn’t been altogether kind to those seeking to eke out a living within the music industry. Admittedly, relatively easy access to the big online streaming and download platforms has made it possible for just about anyone to distribute music nationally and internationally, a development that’s worth at least two cheers. (more…)

Crowdfunding/investing, Global trends

March 3, 2016

2301

Vladislav Solodkiy: 4 reasons to believe the fintech hype

Vladislav Solodkiy, Managing partner of Life.SREDA for VentureBeat.com

Over the past year, the fintech industry has transformed from a hypothetical hotspot to an actual one.

(more…)

About, Blockchain, Columns, Fintech news, Global trends, Influences FinTech

February 21, 2016

1554

Indiegogo CEO Slava Rubin Moves To A New Role, To Be Replaced By Current COO

By Lucas Matney for Techcrunch.com,

There’s a major leadership shakeup happening at your second-favorite crowdfunding platform, Indiegogo. (more…)

Crowdfunding/investing, Fintech news

January 26, 2016

5946

13 fintech services useful for SME

Vladislav Solodkiy, Managing Partner, Life.SREDA VC:

If you take a look at the news about fintech startups, you might get a feeling that all the new financial services are built for retail clients, but not for businesses. However, these are namely the entrepreneurs that may become drivers of fintech, especially in Asia.  (more…)

Columns, SME

August 5, 2015

1893

Realty Mogul Raises $35M For Its Real Estate Investment Marketplace

TechCrunch: Realty Mogul, a startup that connects investors with real estate projects, announced today that it has raised $35M in Series B funding. The company launched its online marketplace more than 2 years ago with a focus on equity deals funded by individual, accredited investors. (So it was offering a kind of real estate crowdfunding, but one where most people couldn’t invest.) (more…)

Crowdfunding/investing, Deals, Fintech news, news

July 14, 2015

1711

Crowdfunding Enters New Era

WIRED: The UK is a “world leader” in equity crowdfunding, with further democratisation set to open up everything from hedge funds to IPOs in the next few years. Speaking at WIRED Money 2015 Darren Westlake, co-founder and CEO of leading investment crowdfunding platform Crowdcube, said the future of crowdfunding in the UK and around the world was “more democratisation”. “Crowdfunding platforms are well positioned” to “put the P back into IPO,” he explained, pointing to the success of Crowdcube’s existing equity system as an example of public interest.

(more…)

Crowdfunding/investing, Fintech news, news

July 13, 2015

1536

New Funding Rounds: CircleUp and Omaze

TechCrunch: As crowdfunding sites like Tilt and GoFundMe and lending site Funding Circle raise large rounds to take their businesses to the next level, a startup that sits in the same area of web-based fundraising is trying a new approach. CircleUp, a crowdfunding platform for consumer brands to raise money from accredited investors, has closed a $22M fund of its own to back a range of brands on the platform.

(more…)

Crowdfunding/investing, Deals, Fintech news, news

July 13, 2015

1654

GoFundMe’s Valuation Rises To Around $600M-$650M In Latest Funding Round

TECHCRUNCH:  Our sources have given us some additional information since crowdfunding site GoFundMe confirmed its funding round last week, saying that the company is now valued at around a range of $600 million to $650 million. (more…)

Crowdfunding/investing, Fintech news, news

June 22, 2015

2522

Asian Crowdfunder Launches In Malaysia, Looking To Enter Singapore, Indonesia, Thailand

DEALSTREETASIA: Equity-based crowdfunding platform Asian Crowdfunder has launched its operations in Malaysia this month,  and is in the process of starting operations in Singapore, Indonesia and Thailand. The pan-Asian platform, which claims to be accessible to vetted accredited investors only, is founded by an international team of experienced and successful entrepreneurs and asset managers backed by decades of experience.

Fintech news, InspirAsia, Malaysia

June 20, 2015

1520

SEC Reg A+ Will Now Let You Crowdfund Equity

TECHCRUNCH: Crowdfunding just got a little bit more interesting. According to SEC Regulation A+, as of today companies can secure funding via crowdfunding provided they are compliant with a set of very specific laws and standards. (more…)

Crowdfunding/investing, Fintech news, news

June 19, 2015

1598

Etsy Debuts Crowdfunding Platform While GoFundMe Confirms Its Funding Round

TECHCRUNCHGoFundMe confirmed that it has raised venture capital financing in a blog post today, infusing the previously bootstrapped company with cash that will give it room to grow. (more…)

Crowdfunding/investing, Deals, Fintech news, news

June 18, 2015

1610

Crowdfunding For Small Firms

The Economist: Crowdfunding is just one of a number of ways in which European SMEs, typically far more reliant on bank financing than their American counterparts (see chart), are trying to compensate for the continuing decline in bank lending. Others include issuing publicly tradable debt or equity; placing securities privately with institutional investors; and accepting loans from non-bank financial institutions (“shadow banks”). Banks and others are also securitising loans to SMEs (ie, pooling them, dividing the pool into tranches with different degrees of risk, and selling the resulting securities to investors). Governments are keen to promote all this, to limit the economic harm done by sickly banks.  (more…)

Crowdfunding/investing, Fintech news, news

June 1, 2015

2069

Tripartite Alliance of CoAssets, FundedByMe & New Union Advances Singapore’s Crowdfunding Space

DEALSTREETASIA: Singapore-based crowdfunding platforms CoAssetsFundedByMe and New Union have established a tripartite alliance to grow crowdfunding in Southeast Asia. Combined, the three companies have facilitated raising of S$200 million ($148.17 million dollars) through international campaigns, to date. They plan to accelerate this growth in the coming months, despite the relative youth of the industry in the region. (more…)

Crowdfunding/investing, InspirAsia, Singapore

May 27, 2015

2344

Korean Crowdfunding Platform For Creative Artists Raises $16M Funding

TECHINASIATumblbug, a South Korean crowdfunding platform for the creative arts, announced today it has raised KRW 17 billion (just over US$15.5 million) in series A investment, according to BeSUCCESS. The funding comes from DCM, Strong Ventures, and Naver, the maker of messaging app Line. (more…)

Crowdfunding/investing, Deals, InspirAsia, Korea

May 21, 2015

1446

How Kickstarter Is Priming Itself For Success In Germany, Its Biggest International Expansion Yet

FAST COMPANY: People in Germany can crowdfund their bright ideas using Kickstarter. If it comes as a surprise that they haven’t been able to do so for a long time, that’s understandable. Germany, after all, is the fourth biggest economy in the world. It has the largest population in the European Union. Entering Germany at its own pace is entirely consistent with Kickstarter’s way of doing things, which tends to be measured and thoughtful. In its six years of existence, the company has only rolled out in 10 countries. Germany is number 11; France, which goes live on May 27, will make it a dozen (more…)

Crowdfunding/investing, Fintech news

May 12, 2015

1426

Selequity Is A Crowdfunding Platform For Investing In Commercial Real Estate

TECHCRUNCH: For those who are looking to invest in real estate, finding good opportunities can be difficult. In commercial real estate, unless you know a property owner or developer, it’s nearly impossible to get your foot in the door. But today onstage at Disrupt NY, a company called Selequity has launched a platform that will make crowdfunding real estate investments much easier. (more…)

Crowdfunding/investing, Fintech news, news

May 4, 2015

2539

Does Crowdfunding Have A Future In Indonesia? We Take A Look At Five Crowdfunding Sites

TECHINASIA: Brooklyn-based crowdfunding site Kickstarter has proven many times over that collecting funds from the public for creative projects can work. In crowdfunding, backers donate money to make a project or cause they admire come true. Some crowdfunding campaigns are based on a pre-order system, where the backer gets a product once it is completed and deliverable. Others are based on a system where the backer gets a gift or some form of other perk as reward for their contribution. (more…)

Crowdfunding/investing, Indonesia, InspirAsia

May 1, 2015

2702

Previously Bootstrapped, GoFundMe Is Raising At A Valuation Of Around $500M

TECHCRUNCH: TechCrunch is hearing from a few sources that GoFundMe, a crowdfunding and fundraising startup, is seeking venture financing after bootstrapping the company since 2008. According to those sources, Accel Partners is in the mix, and one says they may be leading the round. Sources said the valuation is around $500 million, though one source said the valuation could that go beyond that. Sources said the deal has not closed yet, so as usual things could certainly change through the end of the funding process. (more…)

Crowdfunding/investing, Fintech news, news

April 23, 2015

1784

WeFinance Offers A Crowdfunded Alternative To Student Loans And More

TECHCRUNCH WeFinance, launching today, is the latest startup to use a combination of technology and crowdfunding in order to offer borrowers lower interest rates on loans, while reducing lenders’ risk. The new peer-to-peer lending platform operates something like a Kickstarter for personal loans – largely those in the range of $10,000 to $20,000, and many of which are being used to help borrowers fund their educational expenses, including tuitions, bootcamps, financial support during unpaid internships, and more. (more…)

Crowdfunding/investing, Fintech news, news, p2p/online lending

April 7, 2015

1862

Fintech Focus: Disruptors’ $4trn fortune

FINANCIAL NEWS: Goldman Sachs has estimated how much of the revenue and profits can traditional financial institutions lose to new tech players. Over $4 trillion in addressable revenues and $470 billion in profit. (more…)

Analytics, Global trends, news

April 2, 2015

1922

Alibaba Rival JD.com Launches Crowdfunding Site For Startups

TECHCRUNCH: China’s largest e-commerce companies are eager to leverage their millions of users and hoards of data for new projects. For example, Alibaba’s other businesses include healthcare management, financial services, and cloud data. Now JD.com, its smaller but still formidable rival, is branching out into crowdfunding for startups. (more…)

Crowdfunding/investing, Fintech news, news

March 31, 2015

4695

2015CF – Crowdfunding Industry Report

Crowdsourcing.org: Global crowdfunding experienced accelerated growth in 2014, expanding by 167 percent to reach $16.2 billion raised, up from $6.1 billion in 2013. In 2015, the industry is set to more than double once again, on its way to raising $34.4 billion. These are the figures from Massolution’s highly anticipated 2015CF – Crowdfunding Industry Report, which was released today. Thanks to our sponsors, the first 50 copies of the report can be purchased at half price with the code FIRST50. (more…)

Crowdfunding/investing, Fintech news, news

March 31, 2015

2298

Choose Your Own Startup Funding Adventure

TECHCRUNCH: During April, the nation will observe Financial Literacy Month – meaning it’s time to revisit the diverging roads to funding early-stage startups. The rise of non-traditional routes for raising capital, such as Kickstarter, has catalyzed a much-needed renaissance in funding options for entrepreneurs. With the passing of the JOBS Act, entrepreneurs have a bevy of new opportunities for raising seed funding, beyond the ever-illusive Silicon Valley checkbook. There are going to be complications associated with making sense of what funding route is best for your company and product needs, but sometimes the answer will reside in a combination of options. (more…)

Crowdfunding/investing, Fintech news, news, p2p/online lending

March 30, 2015

1744

Pebble Time’s $20M Kickstarter Campaign By The Numbers

TECHCRUNCH: Pebble went back to crowdfunding site Kickstarter to help fund the Pebble Time, its second major hardware iteration. The company likely could’ve gone with a more traditional product launch, with a brief pre-order window or direct to market availability, but the campaign did break Kickstarter’s all-time records, netting over $20 million ($20,338,986 to be exact) from 78,741 backers, which is newsworthy over and above the actual product it’s selling. (more…)

Crowdfunding/investing, Fintech news, news

March 29, 2015

1375

Indiegogo’s New Crowdfunding Record: $5.3M And Counting For A Smart Beekeeping System

VENTUREBEAT: Less than a week after Kickstarter saw the new Pebble smartwatch smash its previous funding record to smithereens, fellow crowdfunding platform Indiegogo has an all-new record to boast about too. With $5.3 million in the coffers so far and 27 days still remaining, the Flow Hive campaign has now passed the previous record-holder — Hour of Code— which had received some big-name donations from the likes of Bill Gates and Mark Zuckerberg to help increase uptake of computer science in schools.

(more…)

Crowdfunding/investing, Fintech news

March 9, 2015