JD Alois

European Parliament Looks to Boost Crowdfunding Minus Prospectus to €8 Million

EU EC Europe Growth European Parliament

European Parliament is looking to adjust the prospectus requirement for small companies raising capital. This policy shift can directly impact the amount an issuer can raise using investment crowdfunding – across Europe. Members of European Parliament have increased the lower exemption threshold, under which no… Read More

LendingHome Tops $1 Billion in Mortgage Loans, Claims Title of Fastest Growing Marketplace Lender for Mortgages

lendinghome-matt-humphrey

LendingHome, has exceeded $1 billion in mortgage loans.  The online lending platform launched two and a half years ago and has claimed the title as fast growing mortgage marketplace lender. It was only last month that Crowdfund Insider reported that LendingHome had originated $750 million… Read More

Manhattan Street Capital Jumps into Reg A+ Space with Blue Marble Biomaterials

New York City Real Estate

Manhattan Street Capital has entered the Reg A+ crowdfunding space with its first offer for Blue Marble Biomaterials. The platforms is accepting investor indications of interest now. Manhattan Street Capital has positioned its platform as a Reg A+ specialist. This updated securities exemption was created… Read More

UK FCA & Hong Kong Monetary Authority to Collaborate on Fintech Innovation

Hong Kong Asia

The UK Financial Conduct Authority (FCA) has signed a new collaboration agreement. This time the FCA has formed a co-operation agreement with the Hong Kong Monetary Authority (HKMA).  The arrangement is for the two securities regulators to collaborate on promoting financial innovation and is similar… Read More

Folk2Folk Receives Full FCA Authorisation

Folk2Folk New Office

Peer to peer lender Folk2Folk has received full approval from the Financial Conduct Authority (FCA).  While many prominent peer to peer lenders are operating under interim approval, Folk2Folk points out it is the lagest P2P lender to receive full authorization to date. Folk2Folk has lent… Read More

UK Entrepreneurs Turn to Banks, Mates & Personal Savings for Funding, Yet there are Better Options

Luke Davis

Research indicates that Britons are in the dark about the funding options available. According to new research by Crowdfinders, UK entrepreneurs turn to their personal savings, friends/families and banks first.  This is despite the fact that many (64%) believe that its a dead end. Crowdfinders… Read More

OurCrowd Plans Biggest Investor Event Ever in the Startup Nation

jon-medved-2016-summit

Global equity crowdfunding platform OurCrowd is planning to hold the worlds largest equity crowdfunding event this coming February in Jerusalem.  The gathering is also being described as the biggest investor event ever in the Startup Nation. OurCrowd will showcase the evolving the face of investing… Read More

Veeqo is Crowdfunding £1Million Series A on Seedrs

veeqo-on-seedrs

Veeqo, a UK based software company, has announced a £1 million Series A crowdfunding round. Veeqo is a company that helps online retailers increase their profit by selling on multiple channels and by managing their inventory, orders and shipping across a single, cloud-based platform. Veeqo has… Read More

Congressman McHenry Applauds Passage of Bill That Includes Crowdfunding Fix, Small Business Advocate & Accredited Investor Update

patrick-mchenry-12-5-16

Chief Deputy Whip, Patrick McHenry, who is also Vice Chairman of the House Financial Services Committee, welcomed the passage of HR 6427 today or the Creating Financial Prosperity for Businesses & Investors Act.  The last minute legislative push by the House saw a bundling of six… Read More

Creating Financial Prosperity for Business & Investment Act Quickly Passes House and Moves to Senate

hr-6427-vote-12-5-16

Entrepreneurs and small business may have something for them under the Christmas tree this year courtesy of Congress.  The House of Representatives passed HR 6427 today as legislators scrambled to get a few things done before they disperse for the coming Holiday.  While there is… Read More

Doug Ellenoff & Richard Baumann of EGS Explain Unique Structure of Fig Reg A+ Crowdfunding Offer

Doug Ellenoff Singapore

Utilization of the updated securities exemption colloquially called Reg A+ continues to gain traction. A form of crowdfunding that has been described as a Mini-IPO type offering due to the scaled disclosure, reduced cost and the option to immediately trade shares, Reg A+ is an… Read More

Insurtech Company Lemonade Raises $34 Million. California Next on the List to Offer Insurance

Lemon and Knife

Insurtech company Lemonade has closed a $34 million Series B funding round. The investment was led by General Catalyst and included the participation of GV (aka Google Ventures), Tusk Ventures and Thrive Capital. Existing investors Aleph, Sequoia, and XL Innovate also participated in the round…. Read More

P2P Lender Harmoney Gets Hit with $292,000 Fine

Red Card Penalty Fine Infraction

Leading New Zealand based peer to peer lender Harmoney has been fined $292,00 for a misleading marketing campaign. The announcement  by the Commerce Commission of New Zealand stems from an ongoing investigation regarding letters sent by Harmoney in 2014 and 2015. Harmoney has previously acknowledged its… Read More

StartEngine: Our Goal is to Help 5000 Companies Raise Capital in Next 5 Years

jetpack-aviation-2

StartEngine is a FINRA regulated, Reg CF funding portal that also lists Reg A+ issuers and the occasional accredited crowdfunding offer (Reg D 506c). The platform has helped to raise almost $25 million this year for early stage companies.  Perhaps the most prominent offer to close… Read More

Fintech VC Santander InnoVentures Invests in Tradeshift

christian-langg

Santander Group’s global VC fund, Santander InnoVentures, has invested in  business commerce and supply chain finance platform Tradeshift. The investment will be used to further broaden Tradeshift’s capabilities, and grow the ecosystem surrounding its B2B marketplace. San Francisco-based Tradeshift is currently used by a range… Read More

Growth Street Will Now Accept Retail Investors on P2P Platform

james-sherwin-smith

Growth Street is now an FCA registered Appointed Representative.  Growth Street will now be able to accept individual investors on its peer to peer lending platform. Growth Street, an alternative finance platform for SMEs, previously only accepted incorporated businesses to lend and borrow to each… Read More