Technology News

Crowdnetic Acquires NowStreet Journal Platform

Wednesday, July 31, 2013 5:01:00 AM PDT | VentureDeal

   New York, New York  --  P2P funding technology company Crowdnetic has agreed to acquire crowdfinance educational company NowStreet Journal.

Upon completion of the acquisition, NowStreet's founder Dara Albright will join the combined firm's management as Chief Strategy Officer in order to launch a new line of products designed to help conventional financial service providers increase their assets under management.

Crowdnetic was founded in 2011 to provide a sustainable marketplace for Web-based private funding raises.

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