Crowdfunding makes sense for big dreamers with small pockets
It's not a loan. And it's definitely unconventional. Chris Payne of Rancho Cucamonga has joined a growing number of those asking folks online to help fund their dreams. For Payne, that dream means...
View ArticleDigital currency dealers grapple with big banks and murky financial rules
OTTAWA – Canadians buying and selling an emerging digital currency are running afoul of established banks and operating in uncharted territory for financial regulators. "The Canadian government...
View ArticleBrown-Vitter rearranges financial reform battlefield
A year ago, the big U.S. banks were focused on repealing, or at least eliminating large parts of, the Dodd-Frank financial-reform law. They poured money into the campaign of the Republican...
View ArticleZach Braff surpasses his $2 million Kickstarter campaign goal for new movie...
In just three days of campaigning Zach Braff reached his $2 million Kickstarter goal to fund “Wish I Was Here,” the follow-up to his 2004 directorial debut “Garden State” that co-starred Natalie...
View ArticleWhat the Ghostbird Kickstarter tells us about the future of fundraising
Here, as I sit listening to the proverbial April showers blessedly rinsing down at least a few coats of the pollen from the already blooming May flowers, I can also hear the distant rumblings that...
View ArticleFundingKnight: new peer-to-peer lender offering 11.4% returns
FundingKnight, a new peer-to-peer lender, has launched promising lenders fantastic returns. Like Funding Circle, (which is one of the three biggest players), FundingKnight is about lending money to...
View ArticleHouse Panel examines SEC failure to meet JOBS Act rulemaking deadline
At a hearing of the Subcommittee on Oversight and Investigations of the House Financial Services Committee examining the failure of the SEC to meet the statutorily imposed deadline for implementing...
View ArticleThe future of business funding: Super-angels, incubators, crowdfunding and IPO
There are lots of trends people have been talking about in tech financing–"superangels"; delayed IPOs; secondary market sales; and more. But so far, few people have been putting the dots together: the...
View ArticleThe dark side of crowdfunding: Startups face unique hurdles when turning to...
Before Alex Kennberg and Joshua Moore came up with the idea to design and produce a sleek wallet which doubles as a smartphone stand, they already knew how they wanted to get it off the ground —...
View ArticleUnderwear entrepreneur targets new moms
After years of plotting to change the underwear world, Joanna Griffiths is setting out to make 25,000 pairs of panties. The difference between most other intimates and Knix Wear Inc., from seamless...
View ArticleCrowdfunding site offers $100,000 boost
As if the thought of raising $1 million on a crowdfunding site isn’t alluring enough, now there’s this: Dragon Innovation said Monday that it will start giving an extra $100,000 to startups that raise...
View ArticleGates and Rockefeller-funded study seeks to help world’s 2.5 billion unbanked
The millions of people around the world without access to secure and reliable savings accounts are now one step closer to saving money consistently, a result of Gateway Financial Innovations for...
View ArticleToo big to fail most critical issue – Lacker
Calling too-big-to-fail banks “the most critical issue facing our financial system,” a top Federal Reserve official on Tuesday urged new laws to address the problem, including ending Fed emergency...
View ArticleNew Zealand government approves crowdfunding and P2P measures
Commerce Minister Craig Foss today announced Cabinet has approved regulations for crowd funding and peer-to-peer lending as part of the Government’s financial market overhaul. Mr Foss has announced...
View ArticleCrowdfunding rules confirmed by UK regulator
People looking to lend money or invest through crowdfunding will be better protected under new rules confirmed today by the Financial Conduct Authority. The new rules place consumer protection at the...
View ArticleBig banks in China take big bath
China’s big four banks sank to their lowest valuations on record in Hong Kong trading yesterday, Bloomberg reports. According to the media outlet, China’s big four lenders have seen $70 billion worth...
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