Sunday, April 28, 2024

How crowdfunding will transform inner cities

Regulation Crowdfunding made it legal for the average American to invest in startups and small businesses via online websites. Read more: www.venturebeat.com

Adel FinTech incubator unveils crowdfund using Nxt’s blockchain

The incubator, launching a website to support its initiative, is an infrastructure aimed at developing and funding innovative start-ups using blockchain. Read more: www.forbes.com

WINGS Foundation adds angel investor Chandler Guo to board

Chandler Guo is an angel investor and a well known adviser in bitcoin and Ethereum Classic startups. Read more: www.bitcoinist.com

WeFunder has raised $1.8m in a self-crowdfunding campaign

This is not the first time WeFunder has raised money for itself. Since 2012, WeFunder has raised over $6.5m from more 259 investors. Read more: www.crowdfundinsider.com

Crowdfunded Pebble will sell to Fitbit for just $40m

Crowdfunded smartwatch maker Pebble is being acquired by fitness tracker Fitbit for as little as $40m. In total the company raised more than $43m through crowdfunding. Read more: www.fintechroundup.com

Largest single day of giving in GoFundMe history

On this year's Giving Tuesday, GoFundMe campaigns raised more than $7.4 million, showing a 46% increase from 2015. Read more: www.prnewswire.com

Social good crowdlender ECrowd! lands €300,000 on Crowdcube

Debt crowdfunding platform ECrowd! has raised €307,900 through an equity crowdfunding campaign on Crowdcube. The round attracted 135 private investors. Read more: www.fintechroundup.com

SmartFunding nabs $490,000 for invoice financing

Singapore-based invoice financing firm SmartFunding has raised $490,000 in a seed funding round. The capital comes from FinTech Asia Group and Investorlend. Read more: www.fintechroundup.com

Leetchi launches in the UK

Trust in UK charities is at a record low, so people are relying on crowdfunding to help fulfill fundraising targets and remove charities from the equation. Read more: www.thefintechtimes.com

P2Binvestor picks up $7.7m for crowdfunding business lending

Business lending marketplace P2Binvestor (P2Bi) has raised $7.7m in a Series A1 round led by Rockies Venture Club (RVC). Read more: www.fintechroundup.com

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