Katipult Launches Peer to Peer Lending Software for UK Market

Katipult has launched new software designed to power UK peer to peer lending platforms. Katipult has partnered with payment platform Mangopay in their European push.  Katipult, based in Canada, is a white label software provider that facilitates investment crowdfunding / P2P lending in over 20 regulatory environments.  Mangopay, launched in 2013, has quickly generated a dedicated portfolio of clients across Europe providing a payment service for marketplaces that was not previously commercially available.

Brock MurrayBrock Murray, CEO of Katipult, said they were excited to partner with Mangopay;

“The level of sophistication and security required to properly service the debt markets is unique and we’re bringing a product to the UK market that benefits everyone from lenders to borrowers as well as regulators, by creating a high standard for industry confidence.”

Celine LazorthesCéline Lazorthes, CEO of Mangopay – a company that boasts over 1500 platforms across Europe, said that peer to peer lenders demand a high level of sophistication and functionality.

“The partnership between Katipult and Mangopay perfectly answers this need. Katipult offers a powerful software combined to Mangopay’s seamless payment solution.”

The UK is the most mature peer to peer lending market in the world. Boosted by forward a forward-thinking regulatory approach, P2P lending is quickly becoming commonplace n the UK.  Recent data provided by the UK P2PFA indicates that growth is continuing even with economic challenges such as Brexit.

Facebook for Banking? Urban FT Combines Social & Financial

urban-ft-future-is-mobileUrban FT was one of the many different early stage Fintech companies presenting at Finovate last week. Like many of the young companies in attendance, Urban FT is seeking to help old finance become new and thus reinvigorating traditional brands and financial services.  As many people agree, a trip to the bank is viewed like a trip to the dentist. Most online / app based services from old school banks pretty much suck.  Too many executives from the days of lore are attempting to force the banks square peg in a round digital hole. Sure, most banking Apps are far more useful than a trip to queue up at the local bank branch but these Apps are mainly used for mundane tasks like paying bills and confirming balances.  Urban FT has reenvisioned online banking as something you actually enjoy – and use regularly. According to Urban FT, the company has created a service that users want to visit, use, share and communicate. A white label banking application for traditional banks that can stave off the digital challenger banks.

glen-fossellaGlen Fossella, Executive VP / Chief Revenue Office of Urban FT, explained to Crowdfund Insider that Urban FT originally started as a company that leveraged mobile to attract college students to credit cards. But founder Richard Steggall saw a far larger, emerging opportunity in mobile and pivoted to a broad-based digital banking platform.  The first feature was social – in recognition of the always connected millennial generation. This makes sense because younger people are on their smartphones all day long. Typically it is Snapchat, Facebook, Instagram, Twitter etc.  Urban FT wanted to get banking into that mix – creating a daily touchpoint, not a monthly chore.

“Everyone wants the same thing. A daily touch point,” said Fossella. “We look at this as first generation versus second generation. What we are trying to do is flip that around to where consumers go for engagement. Not just to check balances but a central place where users can see this information. Now they are truly engaged. Now they share with their community.”

So is this Facebook for banking? Not quite. Urban FT is creating a “venue feed” not a “social feed”.  You go there to find good deals and share. You can connect your other social platforms there too.

App Money iPhoneThe Urban FT platform is relatively new. The company says that Bank of America is doing something with social but that is about it. When you go downstream to smaller, community banks it is hard to imagine these banking firms creating their own social platform. They are too busy focusing all of their energy on compliance.

Currently, Urban FT’s two biggest clients are Sprint and Boost Mobile (owned by Sprint). But they have smaller operators coming along – which is exactly their target customer. Recently Urban FT signed up a small ($10 billion) California bank. They also have some insurance companies in the pipeline.

Urban FT wants users to skip Groupon and go straight to their App. Instead of becoming the Facebook of banking they are more like Kayak – aggregating all types of social content and feeds. Let the user select the ones that are most important to them.

“With our analytic technology, we can curate the deals that are most relevant to the users. Our client is also able to push their offers into the feed. A bank may offer a new car loan.  Our platform allows our clients to do upselling within the same presentation,” said Fossella. “Realistically the big banks have the resources to develop their own digital strategies. But once you get into the smaller or mid-market solutions they do not have the resources. They need someone that can bring that capability to them.”

Urban FT has created a “workshop” control panel to make it easy for clients to customize and update their own mobile banking app.  No custom coding just plug and play. Banking clients can go into the workshop and make changes and they are propagated in real time.

“We think it is really going to change things. We think this is going to free them to do to deploy multiple apps depending on the customers.  Retirees. SMEs. Verticals. Our platform easily offers segmenting. We think that is going to be a big change in the market,” stated Fossella.

As for cost, Urban FT did not provide too many details except to say there is an initial upfront fee that is “pretty reasonable” and then there is an active user fee charged in arrears on a monthly basis. The fee is only tied to financial transactions.

Fossella believes their agility will keep them competitive. Also, he is not worried about big tech moving into Fintech.

“I think our strategy is we can plug in a lot of features and services. We can introduce them very quickly into our platform. That should allow us to be able to remain competitive. Flexibility is key. We are not trapped like D3 and their monolithic app.”

Urban FT is currently in the middle of Series A funding round. The are seeking capital to scale their platform to the thousands of small banks across the country. The company predicts top line revenue to grow between 70% to 80% next year.

Fossella shared;

“Now we need the money to pour on the gas and scale. A company at our stage is all about execution. The technology is great. The strategy is great. We just have to do it.”

SaaS Banking Platform Mambu Said to be Growing at 10% Month on Month

Mambu Screen on MacOnline banking software provider Mambu is reporting that it is experiencing accelerating growth. According to Mambu, during the past 12 months platform utilization has been growing by 10% month on month and is now being used to help manage $600 million.

 

Mambu was launched in 2011.  Its initial focus was loan management for platforms in emerging markets. Today the largest area of growth is with SME financial products including term loans, revolving credit, working capital, asset financing, invoice financing and peer to peer lending. Mambu is also starting to service more transactional banking clients with almost one million active saving, deposit and current accounts and 125 million system transactions per month. Mambu says it is now present in 40 countries across the globe with its platform used for serving nearly two million end-clients and businesses.

Eugene DanilkisEugene Danilkis, CEO of Mambu, said that 2016 started off on a positive note by receiving €8 million in funding to grow their business.

“Interest in a platform like ours has never been so popular with organizations realizing that the SaaS model brings tremendous benefits in cost and time-to-market advantages to digital-first financial institutions. Mambu is growing at a significant speed and to meet this demand we will more than double the size of the team by the end of the year,” stated Danilkis.

Mambu is also actively encouraging Fintech startups by opening up its platform to innovative Fintech entrepreneurs.

Mambu reported it has added 25 new customers to their portfolio this year with that figure set to double by the end of 2016.

 

White Label Crowdfunding 101: Part II – Players & Profits

Money Time Square


So you want to start a Crowdfunding Portal…

Crowdfunding 101 Start a Platform White LabelIn White Label Crowdfunding 101: Players & Profits, (Part II of our three-part series) we will introduce some of the primary white label vendors, sample sites and criteria for vendor selection to help you navigate the options.

In Part I Pros and Cons, we covered how white label crowdfunding works, benefits, applications and pros and cons versus building custom solutions.In Part III, Marketing & Ops, we will cover advice for the successful management and marketing of your new crowdfunding platform.

The Players (General Vendors)

A) Katipult (Calgary, Canada | Prague, Czechia)

Positioning: Crowdfunding software for private capital markets. Compliant platforms active in over 20 unique regulatory environments.

Roots: Custom software development house JOI Media.

“We have been building, maintaining, and iterating sophisticated crowdfunding software systems for private capital markets for over 8 years. We are a company that prides ourselves on acting as a technology partner rather than a software vendor, which is exactly what our clients are looking for.”

Key Features:

  • Complete White Label Platforms since 2008
  • Real Estate or Investment Crowdfunding (Equity or Debt)
  • Reg D 506 b and c, Reg S, Reg CF, Reg A+ and Intrastate (USA)
  • Compliant for Canada, UK, Australia, Italy, France, Africa, others
  • Robust investor, issuer and administrator tools
  • Many 3rd party integrations

Geography: US, Canada, UK, Europe, Asia, Australia, Africa, Middle East.

Applications: Real Estate Crowdfunding, Equity & Debt Syndication, Investor Management, Private placements, Listings.

Sample platforms: InvestaCrowd, IntroCrowd, BrickRaise

Other Nuggets:

“Many of our clients use the software for operational efficiencies as we streamline many pain points in both the capital raising and investor servicing processes.”

Claim track record of ROI in as little as 6 months.


B) CrowdEngine (Salt Lake City, UT)

Positioning: A white label solution without compromising customization.  Offer the most solutions in industry.

Key Features:

  • Compliance EngineTM, a unique equity crowdfunding rules engine to let clients configure as they see fit.
  • Robust equity feature set including back-office, payments, 3rd party integrations.
  • Conduct offerings for national, intrastate and international rules all at the same time on same portal.
  • Easy, step-by-step checkout and dashboards.
  • Drag and drop website builder/CMS.
  • Dedicated launch manager, tools and support.

Roots: Started in 2012.  Built ground up, scalable white label solution. Founders have online marketing backgrounds.

“CrowdEngine saw the need when we started in 2012 To provide a scalable, compliant solution to meet market demand.. which is why our technology is so superior, it’s built from the ground up as a white label platform.”

Geography: US, UK, Australia, New Zealand, Sweden, other English speaking countries.

Applications: Equity crowdfunding, Real Estate crowdfunding, Single-raise campaigns, Perks, Non-Profit.

Sample platforms: Florida Funders, CrowdOut Capital, Crowdventure

Other Nuggets:  Claim 150+ portals launched.


C) Improve In (Buenos Aries, Argentina)

Positioning: Rapid deploy crowdfunding/crowdlending functionality.

Roots: Customer software development house and certified partner for Crowd Valley API.

“The solutions we provide can me implemented in any scenario or sector (real estate, p2p lending, etc.). We believe the current markets are changing and need solutions to be implemented very fast in order to change their strategies. “

Key Features:

  • White label product for fast Minimum Viable Product (MVP) implementations since 2015.
  • User-friendly front-end web platform for acquisition and investor management.
  • Web platform connects to Crowd Valley API for compliance support and workflows.
  • Crowd Valley backend API has over 100 enterprise clients
    Wide range of programming languages and technologies offer extensive customization
  • Wide range of programming languages and technologies offer extensive customization

Geography: US, UK, South America, Latin America, other English/Spanish speaking countries.

Applications:  Investment crowdfunding (Equity and debt), IT Solutions, Business process consulting, Outsourcing and recruiting, Training

Sample platforms: CrowdBuilt

Other Nuggets:

“We offer the capability to move to a fully custom solution in the future, if it suits the client.”

The Players – Real Estate Only

D) GroundBreaker (New York, NY)

Positioning: A Launchpad for real estate ventures. White label platform for real estate capital raisers to market their deals, raise money and manage investors.

Roots: Pivot in 2014 from initial marketplace offering.

“While running a real estate crowdfunding marketplace, we were not able to accommodate every deal that was pitched to us… Clients asked us if they could license our software to streamline their own fundraising operations without depending on their deals being approved by a third party and while protecting their intellectual property.  We realized that in the not so distant future, virtually all real estate capital raisers would adopt a similar technology.  So we made a full pivot.”

Key Features:

  • Complete White Label Platform
  • Real Estate only (equity or debt)
  • Compliance for Reg A, 506 (b) and (c), Reg S, Title III or Intrastate
  • Investor verification, escrow, online distributions, stock certs, audit trails
  • Custom web design and programming available
  • 30 day turnaround for web design

Geography: US, some other English speaking countries.

Applications: Real Estate Crowdfunding, Investor Management, Private placements.

Sample sites: Commercial Funding Exchange, VestMunity, CrowdTrustDeed

Other Nuggets:

Offer SaaS model where capital raisers can operate on a subdomain and launch a deal in under 30 minutes.


E) Investor Management Services (Charlotte, NC)

Positioning: Offer tools that help Commercial Real Estate (CRE) owners manage their assets and investors more effectively and add efficiency to back office functions.

Roots: Commercial Real Estate Company. Part of Quiet Stream Financial portfolio of companies.

“The IMS Platform was initially developed in 2014 to solve one main problem. There is a lack of transparency between sponsors and investors. In today’s world everything is managed and monitored online: bank accounts, stocks, 401k, etc. Why not commercial real estate investing?”

Key Features:

  • Focus on commercial real estate owners
  • Robust feature set for investment workflow, management, reporting
  • Investor dashboards, document access, CRM and activity tracker
  • Distribution waterfalls and processing
  • Sponsor dashboards, portfolio valuation, loan tracking

Geography: USA.

Applications:  Commercial real estate, Investor management, back-office.
Sample clients:  Phoenix Investment Funds, Aion Partners, Pensam Capital.

Other Nuggets:

Over 100 commercial real estate owner customers with $77B in combined assets under management.

The Profits

Money International Global CurrencyWhile each of the vendors have established pricing, you may be able to negotiate the rates.  As a general guideline, you can expect to pay an upfront licensing fee in the range of $5,000 to $15,000 USD and ongoing SaaS fees for hosting, upgrades and support of $500-$2500 USD/month.  Certain customization or feature integrations may cost extra.  Transaction costs may also apply for identity verification, payments or escrow.

As detailed in Part I: Pros and Cons, the first year investment in White Label of $15,000 – $40,000+ is less than the cost of one developer to build a custom software solution from scratch.  Partial implementations short of full portals may cost far less.

While every situation is different, your ROI may be realized relatively quickly from reduced operating costs, growth in your investor base, enhanced referrals and website traffic and increased investor satisfaction.

How do you select the right white label vendor?

search look UK binocularsThere are other vendor solutions available but the focus of this article was to present several investment and/or real estate vendor options with broad functionality and install bases.  As summarized above, each vendor solution has varying experience,  strengths, unique features and specific market, model or application expertise that can be utilized as a criterion in client selection.

Do your homework.  Do their feature set, workflow compliance and experience fit your market segment and business goals?  Visit their sites and ask for demonstrations.  What type of support do they offer?  Are you just licensing a tool or gaining added value?  Of course, consider value for money once pricing is factored in.

Your strategy should always be a key driver in making a smart vendor choice.  Do you simply want to move internal administrative processes online for efficiency?  Or do you envision a robust marketplace, a listings site or full broker/dealer portal offering investment advice?  Legal advice should be sought to guide your compliance.  A full platform business plan should also be developed to ensure that your investment leads to a viable operating platform.

Look for more insights and guidance in the upcoming final article in this series, Part III White Label Crowdfunding 101: Marketing & Ops, where we will share advice for the successful management and marketing of your new crowdfunding portal or platform.

If you lack in-house resources or project management and need strategic guidance to help navigate the options available to you, consider whether speaking to a neutral crowdfunding platform consultant may be worthwhile.


Bret ConkinBret Conkin is the Founder of CrowdfundSuite, an Equity and Real Estate Crowdfunding consultancy. CrowdfundSuite provides custom and white label portal and platform development and other expert services to help organizations profit from alternative finance strategy and technology.  Bret is an Ambassador to the National Crowdfunding Association of Canada and a former executive with FundRazr.  Learn more about CrowdfundLand, their Real Estate Services arm, here.  Bret writes regularly about crowdfunding on his blog. You may follow him on twitter at @bretconkin.

White Label Crowdfunding 101: Part I – Pros & Cons

Crowdfunding 101 Start a Platform White Label

So you want to start a Crowdfunding Portal….

Crowdfunding and Fintech in general are demonstrating dramatic growth due to many factors including the growth of the sharing economy, technology innovations and the liberalization of securities regulations in the US and Canada.

Study Real Estate FinanceA sure indicator of critical mass for online industries is the entry of white label software.  Equity crowdfunding, real estate crowdfunding, marketplace lending and other white label (also called private label) fintech solutions are now available in many countries.  These solutions can provide more than the ability to start a new portal.  What may surprise you is that white label has evolved so that it can also generate strong returns for certain existing businesses like real estate developers.

Part I of this series looks at how white label crowdfunding works, applications, pros and cons plus key considerations in choosing a white label strategy.  Part II will introduce some of the primary vendors, their reference customer sites, key considerations in selection and other insights to help you navigate the options.

What is White Label Crowdfunding?

keyboard work mac computerSoftware that enables the offering of Crowdfunding or investor management functionality without the huge capital expense and lengthy timeframe of building software/portals from scratch.

Most vendors operate on a SaaS model of software delivery enabling access from all devices with an Internet connection and web browser.  The ongoing licensing (and usual monthly subscription fees) grants access to software upgrades, new features, customer support, IT maintenance and central hosting.

How It Works

While feature sets vary, the core functionality is usually offered in these buckets:

  • Marketing 
    • Rich Project deal pages with videos, imagery, text and campaign metrics
    • Distribution tools like social sharing, transactional and campaign emails
    • Templates or custom branding and user experience
  • Finance
    • Decks, key documents, deal rooms, investor forums
    • Payments, escrow, audit trails
  • Administration
    • Investor and Project dashboards
    • Content Management systems – Blogs, FAQs, Curation
    • Reporting and Analytics
  • Compliance
    • Investor accreditation and identity verification
    • Anti-Money Laundering
    • Built-in or custom exemption workflows

What are White Label Crowdfunding’s Applications?

Are you a financial services firm like a fund, asset manager, broker, dealer or bank?  Do you have assets and investors to acquire and manage?  Do you conduct private placements, syndication or other deals offline?  Read on.

Or are you a business that requires considerable investment or financing to operate like a real estate developer?  Do you have funding gaps or a desire to market projects in innovative new ways?  You’re in the right place.

Or are you an entrepreneur interested in running a crowdfunding portal or platform?  Do you have a relevant background in technology and/or finance?

Fifty Dollars Money GrantEach of these businesses can benefit from exploring the benefits that investment “crowdfunding” software can offer versus current processes and existing financial services software.

Pros and Cons

Let’s consider then the pros and cons of Buy (White Label) vs. Build (Custom development).

White Label Pros

  • Speed – Vendors offer site build-outs in as soon as 4 weeks.  A more conservative timeframe would be 2-3 months.  Custom software can easily take one to two years for development.
  • Reduced capital investments – Set-up fees typically range from USD $5,000 to $25,000 with ongoing monthly fees of USD $1,000 – $3,0000.  SaaS reduces the need to invest in your own hardware for hosting.  Custom development can easily exceed $500,000 in relatively short order given the high cost of quality developers, design, QA and compliance resources.
  • Best practices – Vendors have the benefit of serving multiple customers and often multiple markets providing key learning on what works, trends and feature demand.  Customers get access to these upgrades ongoing.
  • Security and Maintenance – Centrally hosted solutions are designed to be robust and scale reducing downtime or unwanted access.  The IT experts retained by the vendors can provide support and maintenance often without additional fees.
  • Reduced project risk – Selecting the right vendor can provide access to valuable expertise on markets, product and tactics.  They bake into the workflows the compliance required in the markets they operate in and with the exemptions or regulations applicable.  They also may provide models, networking, business advice or other value.

White Label ConsQuestion

  • Lesser business valuations – Since you are licensing software you are not accumulating the same IP or equity in your business as if you had custom built your code.  Thus you are more reliant on the profits that you can generate than on an exit where they typically seek unique IP.
  • Competition from Vendor – In some cases vendors operate their own marketplace.  The trade-off of additional project exposure is that you may be competing for investor attention or even exposing your investor list to competitive deal flow.  This does not apply for vendors not operating their own portals.
  • Reliance on Connectivity – As SaaS is delivered over the web; any issues with connectivity can impact the user experience of end users.
  • Vendor Stability/Change – If the vendor gets acquired or goes out of business your data should be protected by your agreement and long-term hosting typically in place.  Should you choose to stop licensing from that vendor, you get back your data but not the code to operate your portal.
  • Limited vendor bandwidth – The multiple clients that vendors acquire and maintain can result in bottlenecks of access to senior staff or support staff.  The added value that they can provide may be thus limited by their split focus to little more than the tools.  This issue can be addressed by utilizing an expert project manager like our firm CrowdfundSuite to provide the expertise and ensure your place in the vendor queue.

In summary for Part I, white label crowdfunding can provide a robust, flexible, lower cost, quicker route to launch a portal or enhance current financial services to acquire, raise money from and manage institutional, accredited or retail investors.  Consider how it works, applications to your business and the pros and cons and determine if the time is right to explore this direction.

In Part II of White Label Crowdfunding 101, we present key considerations on white label strategy, vendor options, examples, and criterion for vendor selection such as geography, investor type and track record.

 


Bret ConkinBret Conkin is the Founder of CrowdfundSuite, an Equity and Real Estate Crowdfunding consultancy. CrowdfundSuite provides custom and white label portal and platform development and other expert services to help organizations profit from alternative finance strategy and technology.  Bret is an Ambassador to the National Crowdfunding Association of Canada and a former executive with FundRazr.  Learn more about CrowdfundLand, their Real Estate Services arm, here.  Bret writes regularly about crowdfunding on his blog. You may follow him on twitter at @bretconkin.

Cloud Lending Solutions Adds VP of Compliance & Regulations as Regulatory Interest in Internet Finance Grows

Ileana FalticeniAs the regulatory interest rises, Fintech firms are preparing to deal with the additional scrutiny and possible new rules. Online lending SaaS solution, Cloud Lending, has hired Ileana Falticeni as its new Vice President of Compliance and Regulations to help manage the impending regulatory risk. In the US, the convoluted and obfuscated regulatory structure makes things exceptionally difficult for both Fintech innovators and established financial firms.

Falticeni was previously the Managing Director for Barclay’s Bank overseeing Origination and Financing Compliance.  She also spent time as a management consultant for TD Bank assisting with compliance and regulatory transformation initiatives.

According to Cloud Lending, Falticeni will be responsible for driving compliance, privacy, and information security initiatives for their internal compliance program and in product development.

 

SaaS Banking Provider Mambu Launches Fintech Startup Program

Money International Global CurrencyMambu, a SaaS alternative to legacy core banking software that allows financial firms to move quickly online, has partnered with several accelerators and incubators on a Fintech Startup Program. The new initiative is said to enable startups to build financing products faster and cheaper than building technology in-house. Along with 500 Startups, Startubootcamp FinTech and Ynext Incubator by Envestnet | Yodlee, other partners on the program include Techstars and Citi Accelerator. Mambu expects to sign more partners in the coming months.

Eugene Eugene Danilkis, CEO of Mambu, said the banking industry was being disrupted and Mambu wants to empower innovative fintech startups;

“Mambu wants to enable these digital disruptors to get to market quicker by utilizing our platform and building their vision on top of it. With startups around the world competing with traditional financial institutions to try and win customer trust we hope our program will give these companies the additional boost they are looking for.”

Mike Sigal, FinTech EIR, 500 Startups & Senior Advisor, Innotribe Startup Challenge, explained that buidlign financial services is complex and expensive. Allowing their companies to use the Mambu platform would help deliver “confidence they need to stay focused on building their differentiation and scaling their customer acquisition.”

Mambu explained that by participating in the program, startups may benefit from cost savings and faster time to market allowing for the quick launch of new loan and deposit products with market opportunities being approached with minimal risk. The startups will be able to re-focus their engineering efforts on what differentiates them from the competition, better positioning them for growth and funding through the support of Mambu’s scalable core banking platform.

Mambu pointed to a recent example, Kueski, a Mexican based short term lending platform.  Mambu said working with their platform allowed Kueski to reach over 20% month-to-month growth rate in loans disbursed since its launch and has now attracted over $35 million in growth financing from investors.

“We’re excited to partner with Mambu to offer its complete core banking engine to companies in our incubator, said Jeff Cain, Director of Ynext Incubator by Envestnet |Yodlee. In addition to access to our financial data platform and guidance from mentors and experts, the next class starting in Fall 2016 will receive complimentary access to the Mambu platform during the incubation period.”

Launched in 2011, Mambu states it has deployed in more than 150 locations in 37 countries worldwide.

Supporters Direct to Partner with ShareIn on Crowdfunding Platform

soccer-footballShareIn has inked a new partnership with Supporters Direct to leverage the ShareIn crowdfunding platform. Supporters Direct is a vehicle for fans to set up cooperatives to gain influence in the running and ownership of football clubs. They operate in England, Wales, Scotland and across Europe in over 20 countries.

Using ShareIn’s crowdfunding technology, Supporters Direct will enable communities to raise capital for projects around their clubs, which may include equity ownership. This applies to all levels of sport in Scotland from professional clubs to grassroots community clubs.

Andrew Jenkin, Head of Supporters Direct ScotlandAndrew Jenkin, Head of Supporters Direct Scotland, commented on the arrangement;

“One of the key things we’ve learnt in recent years is the critical need to develop the type of crowdfunding platform which is flexible for supporters to use in raising capital, and we’re sure in working with ShareIn we’re now able to deliver this.”

Supporters Direct have worked with football supporters across the country to help empower the fans to play a greater role in their club. This new crowdfunding platform will offer supporters the opportunity to buy community shares in clubs online, with the use of ShareIn’s white label crowdfunding platform. The new site is said to be operational this coming July.

“With football fans having such passion for their clubs, crowdfunding is an obvious approach to help fans realise their team goals. We provide the technology so supporters will have a simple, easy to use way to build community ownership online.,” stated Jude Cook, CEO and co-founder of ShareIn.

 

Trillion Announces Branded Crowdfunding Service. Launches with Two Corporate Clients

Money Pounds UKTrillion (formerly Trillion Fund), has announced a hosted investment crowdfunding service called “Your Brand Crowdfunding”  to empower businesses to engage customers directly in raising debt or equity capital.

Trillion pivoted away from its original intent of being an investment crowdfunding platform for renewable energy projects. The company continues to manage and administer a £3 million loan book on behalf of lenders to E2 and E5 Energy, the two renewable energy peer-to-peer loans that successfully completed under Trillion’s own brand in 2014 and 2015. As an FCA regulated platform, Trillion sees an opportunity to leverage their experience and technology to help other corporate customers use 21st-century processes to drive investment, increase market share, and engagement.

Trillion’s first two clients are Chesterfield Community Energy Plc, which is using the platform to launch a £3.25 million bond to finance a solar park investment, and Stratford Community Energy Community Interest Plc, which is using the platform to launch a £3.8 million solar bond. Although their launch partners are in the renewable energy sector, Trillion seeks to provide their services to a wide variety of UK businesses.

Adrian Pike, chairman of Chesterfield Community Energy, commented on the service explaining that being able to raise capital from their community was a “fantastic opportunity.”

theresa burtonTrillion notes that crowdfunding is quickly becoming mainstream with debt-based crowdfunding or P2P lending nearly doubling in 2015 with over £1.49 billion lent to SMEs.

“The next phase in the evolution of crowdfunding is companies doing it for themselves. For established brands with strong customer bases, it is key there is no brand dilution and the customer journey is not diverted,” stated Theresa Burton, CEO of Trillion. “Your Brand Crowdfunding is an all-in-one crowdfunding service which provides companies with the regulatory, administrative and technology services they need to focus on growing their business, supported by their loyal brand crowd.”

 

 

Katipult & Mangopay Partner on White Label Crowdfunding Software in UK

Katipult on MacCrowdfunding software provider Katipult has partnered with Mangopay in its push to enter the UK crowdfunding market.

Based in Canada, Katipult clearly wants to be the dominant global, white label software provider and is already compliant in more than 20 different countries. An expansion into the UK makes sense – pairing it with leading payment platform Mangopay, just makes sense.

In a joint release, the two companies stated their arrangement “cements” promising growth in Europe calling their combined initiative “must have technology”. Mangopay, operating out of Paris, has been a Fintech superstar and was recently acquired by a French bank as the service experienced rapid growth. Today Mangopay is utilized by over 1000 platforms.

Brock MurrayBrock Murray, CEO of Katipult, said his company was “ecstatic” to incorporate the Mangopay services.

“This is a game-changing relationship for the UK Investment crowdfunding market. We’re bringing a product to the UK market that benefits everyone from investors to issuers as well as regulators, by creating a high standard for industry confidence. We’re acting as technology partners and building an ecosystem to help firms create portals to grow their investor networks and efficiently manage them,” said Murray.

Celine LazorthesKatipult’s platform provides an integrated and compliant solution for many forms of investment crowdfunding. Mangopay filled a void in the European payment sector having targeted the marketplace sector with its end to end payment solution technology.

“As the regulatory environment evolves, crowdfunding needs agile and secure payment solutions. Crowdfunding platforms and marketplaces have identified us as a key player because we offer an easy-to-use payment solution which perfectly addresses their needs,” stated Céline Lazorthes, CEO of Mangopay.

Particeep Offers Plug-&-Play White Label Insurance Service to Crowdfunding Platforms

Assurance CrowdfundingParticeep a provider of white label solutions for crowdfunding platforms had joined forces with insurance group Axa to offer a plug-and-play insurance service to cover investors’ and lenders’ risk.

French consumers are notably risk-averse. They save a lot and like to invest their savings in capital-guaranteed savings accounts and life insurance. How can platforms convince them to join in the not so risk-free activity of P2P lending, crowdlending and equity crowdfunding?

Particeep has a solution: by offering them insurance. Together with Axa Creditor, a subsidiary of France’s largest insurance company Axa, Particeep enables crowdfunding platforms to give to lenders up to 100% protection of their invested capital. The insurance covers risks related to revenue decline, death or total and irreversible incapacitation of the project owner. In case of accident, AXA Creditor will pay back the remaining capital to lenders without any additional charge, on the month following the claim. Thanks to Particeep’s technical API, the capital protection can easily be integrated be integrated into any crowdfunding platform for a fully dematerialized insurance process with instant online registration.

Particeep home pageFounded in 2013, Particeep is a leading brand of white label software solutions for rewards-based, lending and equity crowdfunding platforms. Its collaborative Saas software suite enables crowdfunding platforms to drive the entire crowdfunding process from project sourcing, to collecting contributions and managing loans and investments.

AXA Creditor, a division of AXA Partners specialized in credit and lifestyle protection, this white label insurance service protects active crowdfunding investors.

Steve Fogue, CEO of Particeep, comments: Steve Fogue

“ Innovation in online financial services is embedded in our DNA. For this reason, it was obvious for Particeep to design this product, so that we could provide platforms with insurance solutions to protect the capital of their investors. The range of available protections will eventually be extended depending on the needs of crowdfunding platforms, business angels and investment funds all over the world, with the aim to spark a real shock on the financing market. ”

Corinne Vitrac, General Manager of AXA Creditor, adds:

“AXA Creditor confirms its will to support innovative projects by allowing crowdfunding platforms, through the Particeep technology, to protect investors with a product suited to their needs. This is a truly customized offer, made available to loan crowdfunding platforms. ”


 

Therese TorrisTherese Torris is an entrepreneur and consultant in eFinance and eCommerce based in Paris. She has covered crowdfunding and P2P lending since the early days when Zopa was created in the United Kingdom. She was a director of research and consulting at Gartner Group Europe, Senior VP at Forrester Research and Content VP at Twenga. She publishes a French personal finance blog, Le Blog Finance Pratique and curates crowdfunding news on Scoop.It.

Former Vice Chancellor of University of Colorado Joins Community Funded to Aid with Crowdfunding Software Platform Growth

Matt WassermanCommunity Funded, a crowdfunding platform targeting higher education, has signed up Matt Wasserman in a “Senior Role” for the company.  Wasserman most recently served as Vice Chancellor at the University of Colorado.  He will be assisting the  company to expand its “growing portfolio of higher education clients”.

Community Funded is said to be going through “rapid growth”.  So far in 2015, Community Funded has added two new accounts including:

  • University of Wyoming
  • University of Colorado Statewide

McCabe Callahan, founder and CEO of Community Funded said he was thrilled to have Wasserman on board, noting that he would “bridge the gap” between the old way of fundraising the new, online approach.

“I’m excited to share Community Funded with colleges and universities,” said Wasserman. “I was an early user of their [crowdfunding] platform and I know first-hand it’s power to unlock new donors, more funding and new projects.”

Community Funded powers University crowdfunding platforms starting at approximately $1000 per month.

 

Regulation A+ Portal Service Launched by FundPaaS

FundPaas Theme ExampleRegulation A+ is the newest securities exemption to hit the US rule book.  Legalized under Title IV of the JOBS Act, Reg A+ allows anyone to invest – not just accredited investors. It also allows for a unique option of gauging investor interest prior to filing with the SEC. This is something that saves both time and money. Issuers may raise up to $50 million and some industry followers have described Reg A+ as a “mini-IPO” type offer.  Already several investment crowdfunding portals have leveraged Reg A+ to “Test the Waters” (TTW) with solid success.

Amilcar ChavarriaNow a new “Platform as a Service” provider, FundPaas, is leaping into the space to provide a turnkey Reg A+ platform targeting Broker – Dealers and crowdfunding portals.

“Legal firms could also leverage the same technology,” explains Amilcar Chavarria, FundPaaS’ CEO and co-founder.

The creators see it as a simple application to incorporate on sites looking to conduct investment crowdfunding offerings.  The site claims the application may be incorporated in just minutes on a host site, branded to fit seamlessly into the platforms native design.

FundPaas 5 Minute SetupChavarria sees FundPaas as allowing any issuing company to easily capture investor interest. In brief, turn customers into investors.  FundPaas draws a comparison to the Amazon single-click button. Except you are purchasing (investing) debt or equity.

According to the company’s site, FundPaas already has “10 implementations in flight” and 30 more in the pipeline.  FundPaas can also power Title II – Accredited Crowdfunding offers and intrastate investment campaigns.  FundPaas has enlisted a series of partners to provide services such as Bad Actor Checks, Issuer Due Diligence and Financial Reporting.  Pricing is tiered based on transaction size and number of investors.

FundPaas Elevator PitchChavarria views his platform as perfect for consumer-facing businesses. He recently explained, “they already consume the product. If they truly believe in it, they will give you money.”  He also notes that once you have a customer as an investor – they quickly turn into brand ambassadors.

 

NUMA Moscow Signs with Particeep to Power Accelerator Program

Particeep, a white label crowdfunding and crowdsourcing platform, has partnered with NUMA Moscow to power its accelerator program for Russian startups.

Paris-based Particeep is a suite of applications including crowdfunding and collaboration management.  As internet finance starts to dominate the early stage funding, Particeep can allow its platform users to incorporate additional features beyond crowdfunding transaction management.

NUMA Moscow is said to be the first international program targeting innovative startups in Russia.  According to Particeep, the Franco-Russian collaboration will provide physical space for startups in the Moscow business district and access to a growing network of mentors, investors and other individuals to boost startup success.  On the other side, French and European startups will have access to a Russian market using the NUMA Moscow platform as a gateway.

Yannick TranchierThe Particeep platform will allow NUMA Moscow to accept applications, review, vet and perhaps fund promising startups.

Yannick Tranchier, CEO of NUMA Moscow, explained, “it was natural for us to partner with Particeep, the leading French platform. We can manage the whole ecosystem of NUMA Moscow, including startups, mentors and investors in a single solution”.

Steve FogueSteve Fogué, CEO of Particeep, said, “the ambition of Particeep is to become the leader in France, and internationally, as the standard technological platform for collaboration and funding”.

Particeep may power debt, equity, rewards in a multi-featured, white-label, SaaS platform

 

Bizfi Launches API & White Label Solutions to Increase Small Business’ Access to Capital at Finovate New York

Bizfi, a fintech company that combines aggregation, funding and a participation marketplace on one platform for small businesses, announced it has launched both an API (application protocol interface) and a white label solution which will enable partner companies to offer direct lending solutions to their small business customers. These new solutions will be demonstrated at Finovate New York on September 17th.

BizFiBizfi is one of the fastest growing sources of growth and working capital to the small business community. The company offers potential borrowers access to a broad and robust marketplace of 35 potential lenders, including OnDeck, Funding Circle, CAN Capital, IMCA Capital, Bluevine, Kabbage, SmartBiz, Bankers Healthcare Group, Herio Capital and Bizfi itself, which can quickly offer loans and other capital products based on a small set of financial data supplied by a potential borrower.

Once an offer is provided, Bizfi will further vet the borrower and, once the loan is underwritten, fund the small business, potentially within hours of the initial application. Regardless of what kind of capital is sought from any of the funding partners, the small business owner is guided throughout the process by a Bizfi funding concierge. Bizfi is the only funding platform that allows a business owner to go directly to contract online.

The Bizfi API will also allow strategic partners to “ping” the Bizfi engine and present their clients with financial offers from the Bizfi lenders all while maintaining their customer’s user experience. The white label or co-branded solution will provide Bizfi partners with a turnkey platform to provide a lending solution for small businesses powered by Bizfi. The proprietary technology behind the aggregation platform is strengthened by strategic relationships with more than 35 funding partners.

Stephen Sheinbaum, founder of Bizfi, declared:

Stephen Sheinbaum“Companies that already serve the small business community are looking for ways to deepen their relationships with current customers. The Bizfi API and white label solutions will empower these service providers to offer a suite of financial services which will further cement the bond,” said . “Small businesses need access to working and growth capital on a regular basis, and often do not know where to turn. By partnering with trusted organizations that have existing relationships with business owners, Bizfi is able to expand its reach and provide a necessary source of capital to the companies that fuel the U.S. economy.”

He then added:

“The Bizfi engine handles all the back-end work associated with the lending activity. Most importantly, there is no risk to any company that wants utilize the white label product or to incorporate the API into their current website. We provide the access to capital. We do the paperwork. We handle the loan processes. They reap the benefits.”

 

 

White Label Crowdfunding Software “CrowdKey” Launched by Great Lakes Fund Solutions

Great Lakes Fund Solutions (GLFSI), has released a new SaaS platform to power online private placements. The white label crowdfunding platform is called CrowdKey.  The new software is designed to speed time to market for new portals seeking to take advantage of the JOBS Act which legalized investment crowdfunding.  CrowdKey is described as a “unique offering compared to other white label crowdfunding platforms” as it is provides issuers on the platform with statement production, distribution processing, an investor call center, capital balance tracking, investment transfer processing and K-1 tax statement production services.Mark Lancaster

“Retail investors can provide dependable and inexpensive capital to real estate, energy and other securities issuers,” said Mark Lancaster, President of Great Lakes Fund Solutions. “CrowdKey helps those with quality deal flow to quickly build their franchise, while owning the franchise that grows as they attract an investors base.”

GLFSI provided an endorsement from RealtyXE, a real estate crowdfunding platform that is using the service.

“As a platform in the launch phase, RealtyXE’s objectives are to quickly accelerate the growth of our investor base and brand while minimizing upfront costs,” said Bruce Blankenhorn, COO of RealtyXE. “CrowdKey offered us a turn-key site that is integrated with the established investor servicing business of Great Lakes Fund Solutions so that we can launch our custom site and simultaneously avoid the time and expense of creating a back office for investor services.”

GLFSI has been in operation since 1982 and provides fund administration services to sponsors in the real estate, energy and managed futures industries and outsourced IT to financial services companies.

Trillion Fund Drops Valuation for Equity Offer, Announces White Label P2P Lending

Julia Groves and Theresa Burton Trillion Fund

Trillion Fund recently launched an equity crowdfunding round on Seedrs and to date the campaign has raised £180,000 on a goal of raising £500,000.  The valuation of the company was lowered from a previous pre-money amount of £ 6 million to £4.5 million today thus the half million pounds now represents 10% ownership in the online platform.  The decline in price is ostensibly a move to improve investor interest.

 

Trillion Fund Raising from the CrowdTrillion  Fund is a crowdfunding platform that creates a market for “environmental and social projects”.  The bulk of listing offers are debt based investments for solar and wind projects.  The platform claims the title of the “UK’s largest social lending platform”.   The £ 500K funding round on Seedrs is described as a portion of a larger funding round in the amount of £5 million.  The company wants to be doing £ 500 million a year by 2017.

Late last week Trillion Fund revealed a strategic shift to white label their own platform.  While equity crowdfunding is growing rapidly in the UK – peer to peer lending is already huge.  This announcement may be seen as capitalizing on the P2P industry growth – along with the forthcoming inclusion of P2P assets in ISA’s.

Julia Groves, Trillion Chief Executive, was quoted on the new move;Julia Groves Managing Director of Trillion Fund

“This white-label platform will enable businesses to offer crowdfunding and redefine their relationship with their customers. Brands that stand for trust and reliability have a unique opportunity to allow their customers, neighbours and employees to co-invest, sharing risks and returns and aligning interests in the next generation of brand relationship.

“We believe that those brands that use their scale and network to the advantage of their customers as well as their shareholders will gain additional brand loyalty. Lenders and investors are actively seeking alternatives to the banks but still want the reassurance of a brand and an existing relationship so they feel confident lending and investing their money.”

Trillion Fund CTO Theresa Burton commented on their platform;

“We built the platform with white-labelling capability from day one, so that businesses can launch crowdfunding in as little as six weeks. We can take care of the technology, operations, customer service and compliance, and provide an entirely branded customer journey that fully integrates with a corporates own customer communications plan. We have successfully completed our white-label development and services and our first pilot client, Thundafund.com, has been live in South Africa since June 2013.”

Trillion Fund’s mission of allowing investment opportunity for everyone, or keeping the crowd in crowdfunding, will remain an important objective.  As the picture states, “the future is already here, it is just not (yet) evenly distributed”.

Table of Visions Grows with the Crowdfunding Industry. Platform Powers an Increasing Number of Sites

Table of Visions Team

Table of Visions is a white label crowdfunding platform, based in Germany, that started life as a stand-alone rewards based site.  Founded by David Heberling and David Holetzeck the entrepreneurs were working on a movie project and needed funding.  During their search to fund their project they stumbled upon crowdfunding and decided to move forward with their own software thus launching one of the early German crowdfunding platforms.  They eventually sold majority ownership in Pling to Clemens Tonnies and shifted their focus to powering platforms for other companies.  They have focused their efforts for now on German speaking countries including their home turf, Austria and Switzerland but it is clear they have broader ambitions.

Today Table of Visions has three verticals for their “specialists in crowdfunding software”: crowdfunding, crowdinnovation and   crowdengaging.

Crowdfund Insider spoke to the founders of Pling / Table of Visions last year and we recently had the opportunity to catch up with founder David Holetzeck to hear about progress at the Berlin based company.

Crowdfund Insider:  Table of Visions started as Pling – a rewards based crowdfunding platform. What is the status of Pling today?

David HoletzeckDavid Holetzeck:  I started Pling.de, a crowdfunding platform for creative projects, with my partner David Heberling in 2010. It was a really interesting time for us because nobody in Germany knew about Crowdfunding.

We were on a lot of panels and conferences and spent a lot time explaining the concept. We love looking back on this time because we knew back then that it was going to change something.

In 2012 we got an offer from an investor to buy the brand pling.de and we took it but we also kept the software. The new investor decided to take the project in a slighty different direction. It‘s not a Crowdfunding platform anymore but more of a micropayment solution for creative projects.

Crowdfund Insider:  Are you still involved with Pling? Previously you shared you had a minority interest and seat on the board.

David Holetzeck:  Yes, we still hold a minority interest but we are no longer actively in involved in developing the product.

Crowdfund Insider:  How has Table of Visions evolved since the shift to providing software for crowdfunding platforms?

David Holetzeck:  We have grown from a company consisting of two guys who thought Crowdfunding was a cool idea to a professional company that works for large customers.

Over the past few years we have started working for the German Sparkassen-Finanzportal, Dekabank and wikimedia Germany.

But in a way we are doing what we always did: we try to explain the potential of Crowdfunding. Big companies are very interested in the concept and we think they should be, because Crowdfunding has incredible potential on so many levels and everyone has a Crowd they can use!!! Our software is special because we have used and evolved it for five years now. We combine it with our knowledge of the market and think this is why companies like to work with us so much.

Table of Visions OfficeCrowdfund Insider:  Can you explain your vision for your three product lines: Crowdfunding, Crowdinnovation and Crowdengaging?

David Holetzeck:  Yes of course! First of all, our software is built very flexibly so it’s no problem for us to combine, add or transform certain modules in accordance with the needs of the customer.

Our Crowdfunding product is a platform based on the traditional funding model that is used for creative projects as well as Crowdinvesting. The focus of the poduct is transferring money and presenting a product that needs funding or is looking for investments.

Crowdinnovation does not have a funding focus. Instead it presents ideas and opinions, especially internally within companies. Sparkasse for example currently uses this product.

Crowdengaging is about finding the right people to get engaged in your product or project. Either they have special skills, equipment or expertise. Wikimedia Germany is also using a version of this product.

Crowdfund Insider:  How big is the market for your services in Germany?

David Holetzeck:  As our products are so flexible and can adapt to any evironment, we believe there is an enourmous market for them. Big companies as well as startups or NGOs can use this technology and utilize their Crowd according to their needs.

Table of Visions ClientsCrowdfund Insider:  Who are your major competitors?

David Holetzeck:  There is no one we know of who does exactly what we do. At first sight, it might seem like we compete with the various providers of crowdfunding white label software. But we focus so much on having a close relationship with our customer and providing them with excellent service and expert consultation, that most of our products are essentially custom-made platforms.

Crowdfund Insider: Do you see your growth coming domestically? European wide or elsewhere (IE US)?

David Holetzeck: We are a B2B centered business and for now we are focussing on the DACH market (Germany, Austria & Switzerland). Like I said, we want to provide our customer with an excellent level of service. Especially in crowdfunding where you have to know what you are doing; what form of payment is best and which legal solution is applicable. But of course, we always like a challenge and building a platform for a US-based company would certainly be great and we‘re certainly capable of it.

So we see growth coming from every direction. Every company that understands the massive impact of Crowdfunding technology and wants to try something new is a potential customer of ours.

Crowdfund Insider:  How is the investment crowdfunding market in Germany?

Table of Visions small logoDavid Holetzeck:  There have certainly been some very cool crowdinvesting-projects in the past few months. I think this is a field where big players need to come in. For example classic banks or real estate offices, because this is their field of expertise and they need to be part of this innovative movement otherwise sooner of later they will start to loose customers.

I don’t believe that startups can have the same impact as big companies in this field. It‘s simply a matter of expertise and the more demographically diverse client base that big companies have.

The main focus of Crowdinvesting is attracting investors and I dont think that the startup companies in this area attract anyone over 50. But especially in Germany where there are many older (+45) people who have (a lot of) money and do not want to invest in a website. Big companies could still use this advantage they have and we see big potential in this. Hopefully of course, they will be using TABLE OF VISIONS software to exploit this potential.

Crowdfund Insider:  Recently there have been concerns about Investor protection laws that will impede investment crowdfunding.  What are your thoughts on this issue?

David Holetzeck:  We are very concerned about this recent development even though it does not concern us directly. But as active members of the German Crowdfunding Network (the association representing the Crowdfunding Community,) we support the work that they do. It would be a huge shame to see the great work that Crowd investing platforms have done go to waste. It would certainly have a negative effect on entrepreneurs and banks but ultimately Germany and the EU if we are unable to be competitive in this market.

GermanyCrowdfund Insider:  How do you see crowdfunding evolving in Germany? The EU?

David Holetzeck: The chairman of the German Crowdfunding Network, Karsten Wenzlaff, has just been called to work in a Committee for the EU. We are very excited about this because it shows that Crowdfunding has emerged at the EU level. Thinking about the fact that just 5 years ago, David and I had to explain Crowdfunding to everyone we met, this is pretty impressive. The Crowdfunding industry will further professionalize itself in the coming years and I think we can look forward to some amazing projects. At TABLE OF VISIONS, we are happy and excited to be part of this.

Switzerland Telecom Provider “SwissCom” Launches Crowdfunding Platform

wemakeit and swisscom

Swisscom Launches Crowdfunding Site Powered by WeMakeIt.

Switzerland’s leading telecom provider, Swisscom, has launched a crowdfunding platform as a service for companies and other organizations.  The Ittigen based company wants to create a simple way for other companies, especially banks, to create their very own crowdfunding marketplace.  Swisscom has signed an agreement to work with WeMakeIt, a leading Swiss crowdfunding platform, to facilitate infrastructure and software.

WeMakeIt-partners 2 reaeggli-johannesgees-hannesgassert_02SwissCom logoSwisscom envisions a space for project initiators to present their ideas with the aim of obtaining financing from the public.  Noting that what began as an innovation in the cultural sector, crowdfunding is now having an increasingly significant impact on the economy and is indispensable as an alternative form of financing. It is becoming more and more popular in Switzerland, too: according to the Crowdfunding Monitor of the Institute of Financial Services Zug a total of CHF 11.3 million was pledged for crowdfunding projects in 2013, twice as much as in 2012. This amount is forecast to double again in 2014.

The new crowdfunding platform that will be offered to corporate customers as Software-as-a-Service (SaaS). Companies and charitable organizations may use the cloud-based service to open their own crowdfunding marketplace quickly and professionally under their own brand name, all without having to invest in IT . Swisscom supplies infrastructure and software, but does not serve as a marketplace operator (White Labeled Service).

Marcel Walker, Head of Banking and Cloud at SwisscomMarcel Walker, Head of Banking and Cloud at Swisscom commented on the new project:

“We want to provide companies, particularly banks, with uncomplicated access to this new form of financing, which is gaining in importance and will strengthen innovative capacity in Switzerland.”

Under the terms of the agreement, Swisscom is providing financial support to the non-profit association wemakeit, which operates wemakeit.com. The aim is to work together to promote the development of crowdfunding in Switzerland.

Johannes GeesJohannes Gees, artist and chairman of the association said, “The cooperation with Swisscom is recognition for what we have achieved to date and shows that culture is now providing innovative economic impetus. As Switzerland’s leading crowdfunding platform we aim to continue helping as many ideas as possible come to fruition and bring creative people and their public together.”

The two partners, Johannes Gees and Rea Eggli, have been successfully running the wemakeit crowdfunding platform for 2.5 years – are now joined by the new partner and managing director Hannes Gassert. Hannes Gassert will be able to contribute to wemakeit with his expertise as an entrepreneur, developer and as an activist in places where media, technology and culture come together.

wemakeit switzerlandWeMakeIt has crowdfunded 5,922,685.00 CHF to date.  The platform has had 784 successful projects standing at a success rate of 68% – a number that is high for the industry.  Over 35,000 backers are registered on the platform with the largest project to date, The Bianca Story, generating 91,662 Euros.

Swisscom employs over 20,000 people and has an annual revenue of approximately CFH 5.7 billion.

Groundbreaker Updates Real Estate Crowdfunding Service

GroundBreaker Crowdfunding is the Future of Real EstateGroundbreaker, a platform to facilitate real estate crowdfunding sites, has announced updates to their service.  Earlier tin 2014, Groundbreaker announced they were transitioning to a SaaS approach due to client demand.  This past week the company shared new updates to support existing and new customers.  The updates were driven in part due to growing interest from institutional companies as they migrate to crowdfunding their real estate transactions.

In brief the updates include:

New York Real EstateWhite-Label Real Estate Portals

  • Real estate companies can have their own crowdfunding portal.
  • Think of this as your own fundraising website.
  • Custom domain (my company. com) that maintains your branding or embeds with your existing corporate site.
  • You have full control over everything on your portal including posting and managing deals.
  • For each deal, you can fundraise privately (Reg. D 506B) or publicly (Reg. D 506C & Reg. A).

As part of their features Groundbreaker allows portal clients the choice to feature their listings on the Groundbreaker marketplace as well.  Groundbreaker will review client submissions and if they approve the offer it will show up on their marketplace and drive investors back to the originating portal.