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P2P Lender Dianrong Launches Partnership with Hanwha

Hanwha logo

Hanwha, one of the largest conglomerate companies in South Korea, has launched a partnership with Dianrong a leading peer to peer lender in China. The as of yet named entity will open an office in Singapore later this month. Hanwha is a Chaebol that formed an technology… Read More

Big Week at House Financial Services Committee as Janet Yellen is set to Appear

Majesty of Law Rayburn House Office Building Washington DC

The House Financial Services Committee has an interesting schedule next week. On Wednesday, February 10th, Janet Yellen, Chair of the Federal Reserve, will wander up to Capitol Hill for a thorough grilling by Committee members. The Fed raised rates by 25 basis points last December… Read More

Brief: Chinese Platform KaiStart Adds to Series A Round

Meatballs on KaiStart

Chinese crowdfunding platform KaiStart announced this week they had closed on a Series “A+” funding  round led by Matrix Partners and Vision Capital. At the end of 2015, KaiStart had revealed it had raised $5.2 million from a broad group of investors including; Incapital, Meridian… Read More

Fundnel Goes Big. Investment Crowdfunding Platform Provides Access to Capital for ASEAN SMEs

Singapore Marina Prominade

  Fundnel (pronounced like Funnel) is one of several investment crowdfunding platforms that have launched in Singapore over the past year. But even though there are a growing number of sites entering the internet finance space, Fundnel claims the title of Asia’s first collaborative fundraising platform… Read More

Elio Motors Closes at $17 Million. Touts 50,000 Reservations

Elio at 50k

Elio Motors closed its crowdfunding offer on StartEngine this past Monday.  The company had revealed last month that it was nearing $16 million in funding. The equity crowdfunding campaign, under Regulation A+, had sought to raise $25 million.  While short of that goal, Elio has… Read More

COIN Tossed Into Class Action Lawsuit by SF Lawfirm

Unhappy Balloon Sad

COIN, the one card to rule them all, has been slapped with a class action lawsuit filed by Kronenberger Rosenfeld, a San Francisco-based law firm that specializes in internet, tech and media law.  The suit was filed against COIN alleging they “knowingly marketed a defective product”…. Read More

CrowdCheck CEO Sara Hanks Appointed Co-Chair of SEC Advisory Committee on Small and Emerging Companies

Sara Hanks at SEC IAC

The Securities and Exchange Commission has announced the updated roster of the Advisory Committee on Small and Emerging Companies (ACSEC). Within the announcement was an important change as Sara Hanks has been elevated to Co-Chair of the advisory group.  Hanks, a former SEC attorney and… Read More

FitPay Raises $3.1 Million Seed Round to Fund Contactless Payments Platform

FitPay Pagare with Pebble

FitPay has announced the closing of $3.1  million in seed funding led by Giesecke & Devrient (G&D). FitPay was founded by payment industry veterans Michael Orlando, Scott Stevelinck and Chris Orlando. Th co-founders have worked at companies like Visa and CyberSource.  G&D is a supplier of mobile… Read More

Equity Crowdfunding is a Lot of Work. Invivo Wines Shares Story of Success

Invivo Wines Founders

Invivo Wines raised a respectable $2 million on Kiwi investment crowdfunding platform Snowball Effect last year. Prior to listing shares on the site, Invivo was described as the fastest growing wine brand in New Zealand. The company had set a funding target of $500,000 on… Read More

British Business Bank: the UK Now Has a Record 5.4 Million Small Businesses

London UK Taxi Flag

In the UK, similar to other parts of the world, SMEs are the engine of economic growth and associated job and wealth creation.  According to the Federation of Self-Employed and Small Businesses (FSB); Small businesses account for 99.3% of all private sector businesses at the… Read More

SunTrust Leads in Providing Credibly with $70 Million Credit Facility

Glenn Goldman

Direct lender Credibly has secured a $70 million credit facility to meet “enormous demand” from SMEs seeking capital. SunTrust Brank led the financing committing $50 million and AloStar joining as “first participant” with an additional $20 million. According to Credibly, the terms of the agreement… Read More

EquityMultiple Paradigm Shift: Real Estate Investing Through Technology

EquityMultiple Featured

Real estate crowdfunding, for both debt and equity, is a natural fit between technology and asset class. While so much digital ink is dedicated to early stage companies raising capital online, it is the real estate sector that has captured most of the deal flow… Read More

Bank of England cites Decline in SME Lending. Funding Circle Says Non-Bank Lending Saves the Day

Bank of England Results for December 2015

The Bank of England has published its periodic update on lending and, according to their to numbers, loans to non-financial businesses decreased by £3.7 billion in December 2015. This is compared to an average monthly decrease of £0.3 billion over the previous six months. The… Read More

Fintech is Hot: USC Launches Dedicated Course at Marshall School of Business

First

In a sign of the times, USC’s Marshall School of Business has launched a course focusing soley on Fintech. While Fintech is an all encompassing term for internet finance, the USC course will focus on the “entrepreneurial spirit” of the movement. So what will students… Read More

RocketLoans Moves from Mortgages to Consumer Lending

Dan Gilbert

Rock Holdings, the parent company of Quicken Loans, has  updated its newest brand. RocketLoans, built from the ground up, has migrated from mortgages to personal loans thus making a bigger commit to internet finance.  Consumers may now borrow up to $35,000 with fixed interest rates for… Read More

RealtyShares Raises $2 Million for Florida Residential Fund

First Day of 2014 Solar Energy Sun

Real estate crowdfunding platform  RealtyShares states it has raised $2 million in relation to a preferred equity investment in a Florida single family home fund.  The offer was completed in concert with Sun  Coast Property Management, a privately owned real estate investment company that has… Read More

House Approves Fix for Definition of an Accredited Investor as it Passes Several Pro SME Bills

Vote on Accredited Investor Definition 2.1.16

The House of Representatives started February of 2016 on a high note this year, leading with several bi-partisan pro-business bills that received little opposition on the floor.  The House Financial Services Committee which forwarded the legislation released a statement calling the bills a “win” for… Read More