JD Alois

Document: European Crowdfunding Industry Response to European Parliament Proposal

European Union Flag

Below is the joint response delivered by several European crowdfunding associations including: The European Crowdfunding Network, The UK Crowdfunding Association, Financement Participatif France and Nederland Crowdfunding.  The document is in support of an initiative to raise the prospectus exemption to €10 million (the Committee on Economic… Read More

GAO Publishes Report on SEC Cybersecurity: Opportunities Exist to Improve Controls

SEC Blue

The Securities and Exchange Commission (SEC) has received a detailed report from the Government Accountability Office (GAO) regarding controls over financial systems and cybersecurity. In November of 2015, the GAO identified “deficiencies” in the SEC’s internal controls over financial reporting. This new report is a… Read More

House of Representatives Passes Bi-Partisan HALOS Bill to Help Pitch Events

Steve Chabot (R-OH), Kyrsten Sinema (D-ZA), Mark Takai (D-HI) and Robert Hurt (R-VA)

The HALOS or Helping Angels Lead Our Startups Act (HR 4498) received solid bi-partisan support this week as it was passed by the House of Representatives on a vote of 325 for and 89 against.  This past March the bill easily made its way through… Read More

Supporters Direct to Partner with ShareIn on Crowdfunding Platform

soccer-football

ShareIn 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… Read More

Tramonex Receives £250K from UK Government for Blockchain Prototype Project

Blockchain

The UK government is pitching in to help finance international transfer platform Tramonex.  The London-based Fintech startup has been given a £250,000 grant by Innovate UK to fund the development of a cross currency payments system that leverages blockchain technology. The prototype is expected to… Read More

RB Investments & Fundnel Seed Fund Impact Guru, Form Strategic Partnership

Piyush Jain

Impact Guru, a “full stack crowdfunding solution”, has received seed funding in the amount of USD $500,000 from RB Investments and Fundnel – an Asian investment crowdfunding platform. Simultaneously, Impact Guru and Fundnel have formed a strategic partnership combining impact / rewards and investment-based crowdfunding…. Read More

LendInvest Acquires £40 Million Warehouse Facility from Macquarie

Christian Faes & Ian Thomas - LendInvest - March2016

LendInvest, the leading property marketplace lending platform, has received a £40 million warehouse facility from Macquarie.  The funding will be dedicated to bridge  and buy-to-let loans. The financing from Macquarie brings institutional investment for LendInvest to £230 million.  Macquarie, based in Sydney Australia, is a… Read More

Huge: Mosaic Raises $200 Million in Warehouse Financing

Sun Solar Sunset Boat

Mosaic, a renewable energy project funding platform, has raised a sizeable $200 million warehouse facility according to a report in Reuters.  The funding was provided by Germany’s DZ Bank and New York state’s NY Green Bank. Mosaic was an early darling of the investment crowdfunding sector… Read More

Orchard: There are Two Sides to the Marketplace Lending Slowdown

David Snitkof Deep Dive Consumer Lending

    The first quarter of 2016 saw the US economy slip into a bit of a funk. Lingering questions regarding the sustainability of the economic recovery were buffeted by geopolitical tensions. The marketplace lending industry was in no way immune to the shifting winds… Read More

Intro Crowd Let’s You Invest in Undeveloped UK Land

Gregory Baker

The property crowdfunding sector is a very hot space. The ability to allow smaller investors to gain access to the real estate finance market has gained solid traction with several investment crowdfunding platforms experiencing robust growth.  Intro Crowd, the most recent entry as an online property… Read More

Crowdfunded Skyscraper BD Bacata “Revives Downtown Bogota”

BD Bacatá

Arguably the largest equity crowdfunding offer ever, BD Bacata raised over $150 million to finance the first skyscraper in Bogota, Colombia in decades.  It was real estate developer and real estate crowdfunding platform operator Rodrigo Niño who figured out the methodology to help finance the… Read More

Hello Hollywood: Legion M Preps Reg A+ Offer for Fan Funded Films

Hollywood Film Movies Cinema

Great art isn’t made by committee–it’s made by empowering great artists (and then getting out of their way!). Legion M is looking to a wider audience of committed fans and investors to finance their vision of a new century media entertainment company. Launched this past… Read More

Partech Ventures Commits €3 Million in New €12 Million Funding Round for Lendix

Euros Money 200

The leading French marketplace lending platform, Lendix, is closing a new funding round and longtime investor Partech Ventures has committed €3 million confirming its support of the online lender. The additional funding will be used to financeLendix’s expansion into the Spanish and Italian markets. Lendix also… Read More

EThis Targets S$1 Million Raise at Kuala Lumpur’s Global Islamic Finance Forum

Umar Munshi

Shariah-compliant crowdfunding platform Ethis hopes to raise up to S$ 1 million from executives participating in the Global Islamic Finance Forum (GIFF) being held in Kuala Lumpur May 10-12, 2016. EthisCrowd.com claims the title of the world’s first real estate Islamic crowdfunding platform.  Based in… Read More

CoAssets Raises Funding for First Aussie SME

Getty Goh and Jeffrey Chi

CoAssets (NSX:CAX), launched as a real estate crowdfunding platform in Singapore, has successfully raised capital online for an Australian SME, according to a report in the Australian Financial Review. In July of 2015, CoAssets became the first Southeast Asian investment platform to publicly trade shares… Read More

Survey: Top Reasons Angels Invest? Management Team, Followed by ROI

I Love Angel Investors 2

A new survey published today provides evidence that Angel investors are “not just in it for the money.” Propel(x), a San Francisco-based online investment platform, collaborated with Peter Thiel’s Breakout Labs, MIT Alumni Angels of Northern California and Innovation Node Los Angeles (part of the… Read More

Change at the Top: Paul Deitch of Oaktree Capital Steps in as CEO of Patch of Land

Jason Fritton Sketch

    Over the past several months there have been rumblings about impending change at real estate crowdfunding platform Patch of Land.  Following a significant staff reduction, where several well known Patch of Land employees were let go, industry chatter picked up as to what… Read More

Goldman Sachs – GSBank May Use Deposits to Support Mosaic P2P Lending Platform

Goldman Sachs Born to Change

Last year Goldman Sachs revealed its intent to push into the marketplace / peer to peer lending sector. While a growing number of traditional financial firms are partnering with more agile, fintech startups – Goldman decided to strike out on their own. This past week,… Read More