JD Alois

InvestHK Creates Dedicated Team to Help Fintech Startups Come to Hong Kong


2016 is the Year of Fintech in Hong Kong Hong Kong is on the growing list of countries that see Fintech as strategically important for their regional economy and global competitiveness. This past week, in a speech delivered in New York City, Hong Kong Financial… Read More

SEC Schedules Open Meeting on Rules 147 & 504 Impacting Intrastate Crowdfunding

Mary Jo White October 30 2015

The SEC has scheduled a meeting to consider proposed amendments related to Rules 147 and 504 – securities regulations that impact intrastate crowdfunding.  The meeting of the Commission is scheduled to commence at 10AM on Wednesday, October 26 at SEC HQ in Washington, DC. The… Read More

CommonBond Receives A1 Moody’s Rating on $168 Million Securitization

2015 CommonBond Social Impact Award 2

CommonBond’s 3rd Securitization CommonBond has closed securitization of $168 million in refinanced student loans. The online lending platform reported a rating of ‘A1’ from Moody’s and ‘AA (low)’ from DBRS. The securitization was backed by $178 million in collateral. Goldman Sachs served as joint-lead managers and bookrunners… Read More

FINRA Allegedly Warns Off Reg CF Portals on Use of Trusts for Escrow

halt stop hand

FINRA is a non-governmental entity that acts as a financial regulator over a wide swath of the financial industry.  Their mission is to detect and prevent wrongdoing in the US financial markets. FINRA also has enforcement powers. Last year alone they rendered over 1500 disciplinary… Read More

Orchard & OnDeck Partner on Reporting for Institutional Investors

Matt Burton

OnDeck (NYSE: ONDK) and Orchard Platform have signed an agreement where Orchard will provide a scalable solution to manage the  reporting for institutional investors purchasing loans via the OnDeck Marketplace. The agreement will also provide OnDeck with access to the entire Orchard for Originators product… Read More

Video: Christian Catalini Says Title III Crowdfunding Not Likely to Generate the Next Uber


Christian Catalini, a Professor at MIT Sloan School of Managment and one of the leading academics in the crowdfunding sector, recently published a new video sharing his views on the emerging investment crowdfunding sector. Catalini has long followed both the rewards iteration and accredited crowdfunding under… Read More

Fundrise is “On Track” to Raise $250 Million with New eREITs

Ben Miller

As expected, Fundrise has officially launched three new eREITs described as a “revolutionary direct to investor crowdfunding model.”  These new real estate investment vehicles will put Fundrise “on track” to raise a quarter of a billion dollars during the coming year.  Fundrise now lists 5… Read More

Insider: China Tells Regional Governments to Start Investigating Fraud

China Punishiment Image

This past weekend, Crowdfund Insider reported that China government officials published a list of restrictions for peer to peer lenders. These were largely a rehash of previously revealed regulations directed towards internet finance and more specifically peer to peer lending. But the Chinese government is… Read More

UK Investors are Turning to Alternative Finance in Low Interest Rate World


A report published by IW Capital, that researched 2000 UK consumers and citizens, stated that 30% of respondents are looking towards EIS investments in this historically low-interest rate environment.  The Bank of England pegged interest rates at 0.25% following Brexit, the lowest level in British… Read More

UK P2PFA Data: Over £700 Million in New P2P Lending During Q3

Christine Farnish

The UK Peer to Peer Finance Association (P2PFA) has released data for member platforms for Q3 2016. According to their numbers, new P2P loans hit £700,374,000 driving cumulative lending to just under £6.5 billion. Aggregate lending was an improvement over year prior quarter indicating ongoing… Read More

China: WeiyangX Fintech Review


CreditEase is Confronted with Another Tuition Loan Fraud Earlier this month, Chinese p2p lending platform CreditEase was confronted with another tuition loan fraud. TOEIC English, a TOEFL training institution which launched a collaborative tuition loan product with CreditEase, was found shuttered with no reason. Students… Read More

Final Report: FCA on Investment & Corporate Banking

christopher woolard 2

The Financial Conduct Authority (FCA) has published its final report on the investment and corporate banking sector.  The document was created to help foster competition in the this sector of finance.  The report reflects the interim publication that was released this past April. Christopher Woolard,… Read More

Youngry is First Reg CF Crowdfunding Offer to Fund on Republic


Republic, the Reg CF crowdfunding platform related to AngelList, has had its first successful funding round.  Youngry, described as the ESPN for entrepreneurship, successfully completed its equity crowdfunding offer topping its goal by 130%. Youngry successfully raised $65,920 from 143 investors in its 75 day crowdfunding… Read More

Fitch: Goldman Sachs Blends Banking & Fintech with Launch of Marcus

Goldman Sachs Born to Change

Fitch Ratings is out with a note on Goldman Sachs’ foray into the online lending market. Fitch says that Marcus, Goldman’s recently launched lending platform, seeks to combine the best of both Fintech and the stability of being a more traditional bank. Marcus is differentiated from… Read More

SuperCharger FinTech Accelerator Renews Partnership with Hong Kong Exchange & Clearing

i love fintech

Hong Kong-based SuperCharger FinTech Accelerator has renewed its partnership with Hong Kong Exchange and Clearing (HKEX). For a second consecutive year, HKEX has established its supporting organization status behind one of Asia’s leading Fintech accelerators. The partnership will also provide SuperCharger finalists with mentors from… Read More

XY Findables Opens for Investment on StartEngine Seeking $10 Million


XY Findables (né XY Find It) is crowdfunding under Reg A+ on StartEngine. XY Findables originally launched a rewards based campaign on Kickstarter back in February of 2014. At that time, XY Findables raised over $200,000 from more than 4000 backers for their Bluetooth tracking device… Read More

Vincent Bradley of FlashFunders: We are Heads Down Right Now Building Momentum with Reg CF


Late last year, FlashFunders co-founder and CEO Vincent Bradley stated in an interview; “The recent passing of Title III is a clear sign that the SEC believes this industry is a viable solution for companies to raise capital. By creating further regulatory processes in regards to… Read More