Collaborative finance

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
Articles, Business, Entrepreneurship, Collaborative finance, Crowdfunding, Financial technology, Kickstarter, Trust

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.

Concordia Ventures: Early Stage Tech Startups Find a Funding Solution With Crypto Investors

Retrieved on: 
Thursday, February 18, 2021
Technology, Finance, Consulting, Banking, Other Technology, Professional services, Software, Networks, Internet, Articles, Financial technology, Technology, Collaborative finance, Crowdfunding, Entrepreneurship, Cryptocurrency

As a much more affordable alternative to venture capital funding, crowdfunding has evolved steadily over the past few years.

Key Points: 
  • As a much more affordable alternative to venture capital funding, crowdfunding has evolved steadily over the past few years.
  • Concordia enhances the odds of a successful crowdfunding campaign for project owners with the help of cryptocurrency.
  • On the other hand, project owners can look forward to onboarding a new base with customers who happen to be crypto enthusiasts.
  • Concordia Ventures creates an additional funding source that project owners can use to tap into the fast growing cryptocurrency market.

Commercial Real Estate Startup InTheMarket Announces Equity Crowdfunding Campaign for CRE Brokers

Retrieved on: 
Wednesday, February 17, 2021
Articles, Economy, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, CRE, Money, Broker

NEW YORK, Feb. 17, 2021 /PRNewswire/ -- InTheMarket (ITM), a new SaaS platform for the commercial real estate (CRE) leasing industry built for tenant-rep brokers and landlords, today announced the launch of an equity crowdfunding campaign to promote and incentivize CRE brokers to become both subscribers and equity owners of the company.

Key Points: 
  • NEW YORK, Feb. 17, 2021 /PRNewswire/ -- InTheMarket (ITM), a new SaaS platform for the commercial real estate (CRE) leasing industry built for tenant-rep brokers and landlords, today announced the launch of an equity crowdfunding campaign to promote and incentivize CRE brokers to become both subscribers and equity owners of the company.
  • It was developed by a veteran CRE broker along with a group of Senior CRE industry advisors.
  • ITM chose the fast-growing Republic crowdfunding platform for its first capital raise based on its large reach, flexibility to incentivize licensed CRE brokers or CRE industry professionals to become investors and the platform's growing focus on real estate via last year's Compound acquisition.
  • Based in New York City, InTheMarket was founded by Steven Renbaum, a veteran of the New York commercial real estate industry.

Technicorum Holdings Announces New CEO Daniel Daboczy

Retrieved on: 
Tuesday, February 16, 2021
Articles, Finance, Money, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, FundedByMe, Funding

SINGAPORE, Feb. 16, 2021 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) -Technicorum Holdings, which has been incubating the innovative DeFi and NFT project KingSwap ( https://www.kingswap.io/) , today announced that crowdfunding veteran and FundedByMe co-founder and CEO Daniel Daboczy will be the new CEO of Technicorum.

Key Points: 
  • SINGAPORE, Feb. 16, 2021 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) -Technicorum Holdings, which has been incubating the innovative DeFi and NFT project KingSwap ( https://www.kingswap.io/) , today announced that crowdfunding veteran and FundedByMe co-founder and CEO Daniel Daboczy will be the new CEO of Technicorum.
  • As the longtime founder and CEO of FundedByMe, Daboczy led a company that was Europe's fastest-growing equity and reward-based crowdfunding platform working with connecting investors and entrepreneurs.
  • Prior to FundedByMe, Daboczy also led the online video hosting service Dabber as its CEO.
  • We couldnt ask for a better person to oversee the Technicorum and KingSwap brand than Daniel, said Malcolm Tan, Technicorum and KingSwap Chief Strategic Advisor.

Hardbacon secures more than $500,000 in funding

Retrieved on: 
Friday, February 12, 2021
Articles, Economy, Money, Financial technology, Collaborative finance, Crowdfunding, Entrepreneurship, Equity crowdfunding, Funding

MONTREAL, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Hardbacon has secured $522,200 in funding from over 350 investors through the FrontFundr equity crowdfunding portal.

Key Points: 
  • MONTREAL, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Hardbacon has secured $522,200 in funding from over 350 investors through the FrontFundr equity crowdfunding portal.
  • Hardbacons round of financing remains open until February 26, so the fintech company may seek additional investment.
  • The company, which has secured $1.1 million in funding, markets a mobile app that connects to its users' accounts and helps them plan, budget and invest.
  • Hardbacon also enables its users to compare different financial services such as credit cards, bank accounts, online brokers and robo-advisors.

VPR Brands Original Kickstarter Backers Buy Up 'Dissim' Brand New Torch Lighters

Retrieved on: 
Thursday, February 11, 2021
Articles, Technology, Science and technology, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, Lighter, Kickstarter, Vermont Public Radio, Patent Pending, Vpr

VPR Brands acquired the new lighter company assets including all Intellectual property, Trademark and Utility Patent Pending in exchange for an ongoing 5% royalty to the inventor and founders of Dissim.

Key Points: 
  • VPR Brands acquired the new lighter company assets including all Intellectual property, Trademark and Utility Patent Pending in exchange for an ongoing 5% royalty to the inventor and founders of Dissim.
  • The newly launched model is a dual flame Torch which incorporates Dissim's Patent Pending Circle Grip.
  • The original campaign in 2020 garnered 7,067 backers who pledged $333,596, far surpassing the company's listed goal of $3,200 It was also selected as one of Kickstarter's "Projects We Love."
  • I was pleasantly surprised at the velocity at which the lighters sold among our initial backers from the original crowdfunding campaign," said Dan Hoff COO of VPR Brands, LP.

World Crowdfunding Market Growth, Trends, and Forecasts 2021-2026: Reward-based Crowdfunding is Expected to Grow Significantly - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 11, 2021
Marketing, Communications, Professional services, Social media, Other Professional Services, Articles, Money, Finance, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, Fundly, Funding, Equity crowdfunding

The "Crowdfunding Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Crowdfunding Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
  • Crowdfunding entails soliciting many small amounts of money from an undefined group of people known as the crowd.
  • Moreover, according to Fundly, the global amount raised by crowdfunding amounted in the thirties of USD billion in 2019.
  • Hence, the active crowdfunding campaigns on social media are expected to further drive the crowdfunding market's growth in the coming future.

In Force Technology Launches Crowdfunding on Start Engine

Retrieved on: 
Thursday, February 11, 2021
Articles, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, Technology

BOSTON, Feb. 11, 2021 /PRNewswire/ --Boston-based software company In Force Technology, Inc. announces its crowdfunding efforts on Start Engine to raise capital to support its projectIN FORCE911, a mobile panic button designed to save lives.

Key Points: 
  • BOSTON, Feb. 11, 2021 /PRNewswire/ --Boston-based software company In Force Technology, Inc. announces its crowdfunding efforts on Start Engine to raise capital to support its projectIN FORCE911, a mobile panic button designed to save lives.
  • Not only does IN FORCE911 directly connect schools to police agencies, but it will notify police in-car computer systems, local dispatch/communications centers, and cell phones of officers - both on-duty and off-duty.
  • IN FORCE911 has garnered over 10,000 individual users and 500 customer sites across the country and is seeking to expand its presence.
  • "Here at In Force Technology, we're about schools - and protecting the well-being of those who have dedicated their lives to enriching the future of our youth and providing children a safe place to learn," states Brandon Flanagan, President and CEO, In Force Technology.

The Rise of 3D Scanning: Revopoint POP Launch

Retrieved on: 
Wednesday, February 3, 2021
Consumer electronics, Technology, Photography, Mobile, Wireless, Software, Hardware, Articles, Finance, Money, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, Kickstarter, 3D scanning

Recently, a Kickstarter campaign for Revopoint POP 3D scanner has raised more than US$2 million from more than 5,700 backers as of press time.

Key Points: 
  • Recently, a Kickstarter campaign for Revopoint POP 3D scanner has raised more than US$2 million from more than 5,700 backers as of press time.
  • It makes Revopoint POP a "history-making 3D scanner" both in terms of the amount of money raised and the number of backers.
  • Of course, Revopoint POP is not the first 3D scanner to be successfully funded through a crowdfunding platform.
  • Hence an affordable, precise, and handy 3D scanner like Revopoint POP could very well be the next big thing.

SAJU, in Just Three Months, Have Already Recycled +10,000 Caps with Their Recycled Sunglasses.

Retrieved on: 
Thursday, January 28, 2021
Articles, Collaborative finance, Crowdfunding, Entrepreneurship, Financial technology, Saju, Technology

In this short period, with over 100,00 units sold, they have accomplished great goals such as:

Key Points: 
  • In this short period, with over 100,00 units sold, they have accomplished great goals such as:
    Being awarded as one of the twenty-five most resilient start-ups.
  • (According to Forbes Colombia)
    Employing only mothers head of household in our production facilities.
  • Achieving successful crowdfunding of $40,000usd in just 2 hours and selling more than 1,000 units during the first three months.
  • To celebrate their new webpage and fulfillment facility, SAJU will be offering 25% OFF on all orders +35 USD thru February.