Collaborative finance

WSGF Expands Alt Real Estate Investment Fintech App Beta Testing Program

Retrieved on: 
Tuesday, March 16, 2021

Since launching the beta testing program, the company has had over 200 additional people contact the company expressing interest in participating in the beta testing program.Today, the company is sending out an email to invite those additional people to join the beta program.

Key Points: 
  • Since launching the beta testing program, the company has had over 200 additional people contact the company expressing interest in participating in the beta testing program.Today, the company is sending out an email to invite those additional people to join the beta program.
  • WSGF acquired Vaycaychella last year making the new business acquisition its primary focus.
  • The company recently announced kicking off development efforts on the next version of the company's alternative real estate finance application designed to facilitate the purchase of short-term rental properties.
  • The Vaycaychella App Version 2.0 will include cryptocurrency and crowdfunding features to expand alternative finance options available to entrepreneurs ("Rentrepreneurs").

Investment Banking & Trading Services Market Size to Reach USD 520,026 Million by 2027 at a CAGR 5.8% | Valuates Reports

Retrieved on: 
Tuesday, March 16, 2021

- Investment Banking Market is Segmented by Type Mergers And Acquisitions Advisory, Debt Capital Markets Underwriting, Equity Capital Markets Underwriting, Financial Sponsor/ Syndicated Loans, by Application Bank, Investment Banking Companies, Securities Company and by various regions.

Key Points: 
  • - Investment Banking Market is Segmented by Type Mergers And Acquisitions Advisory, Debt Capital Markets Underwriting, Equity Capital Markets Underwriting, Financial Sponsor/ Syndicated Loans, by Application Bank, Investment Banking Companies, Securities Company and by various regions.
  • - Digital Banking Market size is projected to reach USD 30750 Million by 2026, from USD 9098.7 Million in 2019, at a CAGR of 19.0% during 2021-2026.
  • - Trade Finance Market size is projected to reach USD 10987510 Million by 2026, from USD 7616520 Million in 2019, at a CAGR of 5.4% during 2021-2026.
  • - Alternative Finance Market is Segmented by Type P2P Lending, Crowdfunding, Invoice Trading, by Application Individual, Enterprise, Association Organization and by various regions.

Investment Banking & Trading Services Market Size to Reach USD 520,026 Million by 2027 at a CAGR 5.8% | Valuates Reports

Retrieved on: 
Tuesday, March 16, 2021

- Investment Banking Market is Segmented by Type Mergers And Acquisitions Advisory, Debt Capital Markets Underwriting, Equity Capital Markets Underwriting, Financial Sponsor/ Syndicated Loans, by Application Bank, Investment Banking Companies, Securities Company and by various regions.

Key Points: 
  • - Investment Banking Market is Segmented by Type Mergers And Acquisitions Advisory, Debt Capital Markets Underwriting, Equity Capital Markets Underwriting, Financial Sponsor/ Syndicated Loans, by Application Bank, Investment Banking Companies, Securities Company and by various regions.
  • - Digital Banking Market size is projected to reach USD 30750 Million by 2026, from USD 9098.7 Million in 2019, at a CAGR of 19.0% during 2021-2026.
  • - Trade Finance Market size is projected to reach USD 10987510 Million by 2026, from USD 7616520 Million in 2019, at a CAGR of 5.4% during 2021-2026.
  • - Alternative Finance Market is Segmented by Type P2P Lending, Crowdfunding, Invoice Trading, by Application Individual, Enterprise, Association Organization and by various regions.

M.C. Squares to Launch Crowdfunded Investment Raise Under New SEC Rules

Retrieved on: 
Monday, March 15, 2021

Squares, manufacturer of direct-to-consumer home and office products, is pleased to announce it is the first company to launch a crowdfunded investor raise under recently updated SEC rules.

Key Points: 
  • Squares, manufacturer of direct-to-consumer home and office products, is pleased to announce it is the first company to launch a crowdfunded investor raise under recently updated SEC rules.
  • The new regulations simplify the process for startups and investors, balancing consumer protections with the need for startup fundraising.
  • Squares will be the first company to work within a new set of regulations finalized by the SEC in January that just went into effect today.
  • The newly updated Regulation Crowdfunding rules increase the previous funding cap almost fivefold from $1.07 million to $5 million.

Upstryve Crosses Seed Round Finish Line Hitting Max Goal Through Speedy Crowdfunding Campaign

Retrieved on: 
Monday, March 15, 2021

POMPANO BEACH, Fla., March 15, 2021 /PRNewswire/ --Upstryve, a newcomer to the fast-growing online tutoring community, announces success in its crowdfunding campaign.

Key Points: 
  • POMPANO BEACH, Fla., March 15, 2021 /PRNewswire/ --Upstryve, a newcomer to the fast-growing online tutoring community, announces success in its crowdfunding campaign.
  • From online courses to easy matchmaking for one-on-one tutoring, it is no wonder Upstryve surpassed crowdfunding goals by speaking to the very community it services.
  • It is worth noting that investors behind the seed round are mostly active in the contractor industry and understand the opportunity when supplying a long overdue demand.
  • Upstryve is lucky to have both ingredients and I believe this is what assisted in reaching our max goal with crowdfunding."

WSGF Initiatives Vaycaychella 2.0 Development To Include Crypto And Crowdfunding

Retrieved on: 
Tuesday, March 9, 2021

The Vaycaychella App Version 2.0 will include cryptocurrency and crowdfunding features to expand alternative finance options available to entrepreneurs ("Rentrepreneurs").

Key Points: 
  • The Vaycaychella App Version 2.0 will include cryptocurrency and crowdfunding features to expand alternative finance options available to entrepreneurs ("Rentrepreneurs").
  • WSGF acquired Vaycaychella last year making the new business acquisition its primary focus.
  • WSGF has just launched beta testing of its Vaycaychella App Version 1.0.
  • Management confirms the Vaycaychella App Version 1.0 production release is on track for June.

Canadian fintech Hardbacon secures $1.1M in funding

Retrieved on: 
Monday, March 1, 2021

MONTREAL, March 01, 2021 (GLOBE NEWSWIRE) -- Hardbacon has secured $1,166,400 in funding from over 800 investors through the FrontFundr equity crowdfunding portal.

Key Points: 
  • MONTREAL, March 01, 2021 (GLOBE NEWSWIRE) -- Hardbacon has secured $1,166,400 in funding from over 800 investors through the FrontFundr equity crowdfunding portal.
  • The company, which markets a personal finance application, has thus completed one of the largest rounds of equity crowdfunding in Canada.
  • Bacon Financial Technologies, better known under its brand name Hardbacon, is dedicated to helping Canadians make better financial decisions, achieve their financial goals and become wealthier.
  • Hardbacon also enables its users to compare different financial services such as credit cards, bank accounts, online brokers and robo-advisors.

Verivest Launches Sponsor Directory

Retrieved on: 
Monday, February 22, 2021

Verivest moves beyond the popular crowdfunding model by providing independent due diligence of sponsors, including background checks, track record verification and ongoing portfolio monitoring.

Key Points: 
  • Verivest moves beyond the popular crowdfunding model by providing independent due diligence of sponsors, including background checks, track record verification and ongoing portfolio monitoring.
  • "Real estate investing suffers from a lack of transparency," says Verivest founder Lance Pederson, a 13-year veteran of real estate fund architecting.
  • Instead, Verivest relays each sponsor's verified status and certain verified information about the sponsors, and sponsors pay Verivest fees for its listing, verification, and monitoring services.
  • In addition to enabling investors to make better decisions, the Verivest platform is also a boon to trustworthy sponsors.

Digital Transfer Agent Vertalo adds 5 Regulation Crowdfunding Portals to Rapidly Growing Client Base

Retrieved on: 
Monday, February 22, 2021

This agreement enables these leading Crowdfunding Portals, their Issuers, and their investors to access Vertalo's API-first digital Transfer Agent services to gain safe harbor benefits under updated rules related to Regulation Crowdfunding ('Reg CF').

Key Points: 
  • This agreement enables these leading Crowdfunding Portals, their Issuers, and their investors to access Vertalo's API-first digital Transfer Agent services to gain safe harbor benefits under updated rules related to Regulation Crowdfunding ('Reg CF').
  • We are also pleased to partner with Vertalo, a digital Transfer Agent, to assist startup companies with maintaining their investor ownership records."
  • Our relationship with Vertalo, a digital Transfer Agent, provides digital ownership records to these larger, long-lived infrastructure projects."
  • As these offerings increase in size, we are excited to partner with Vertalo, a digital transfer Agent, to provide digital ownership records to crowdfunding companies and projects using the Netshares portal."

HKBU School of Business's new study shows online crowdfunders more often back Kickstarter entrepreneurs with trustworthy-looking faces

Retrieved on: 
Thursday, February 18, 2021

Platforms like Kickstarter have become a magnet for entrepreneurs looking to market their concepts and raise capital.

Key Points: 
  • Platforms like Kickstarter have become a magnet for entrepreneurs looking to market their concepts and raise capital.
  • Is an entrepreneur's face essentially the key to crowdfunding success?
  • Using photos of entrepreneurs who launched Kickstarter campaigns, the study constructed a comprehensive facial trustworthiness index by employing machine learning-based facial detection techniques.
  • Through this, researchers see that facial trustworthiness - a funder's perception of an entrepreneur's ability, benevolence, and integrity based on the entrepreneur's facial features - certainly influences funding decisions.