Featured Headlines

EU Parliament’s Draft of New Prospectus Directive Meets Crowdfunding Sector Demands

Money UK Europe Euros Pounds

  Earlier this year, the crowdfunding sector represented by the European Crowdfunding Network (ECN) the UK Crowdfunding Association, Financement Participatif France and Nederland Crowdfunding had called on the Parliament and the European Council to be very ambitious with the planned revision of the Prospectus Directive…. Read More

1000 Angels Exclusive: Co-Founder Alejandro Cremades Shares Product Update

Alejandro Cremades of OneVest

Last October seeking to modernize the way venture capital funds are formed and how they invest, the NYC-based investment crowdfunding platform Onevest launched 1000 Angels.  Aiming to be the “world’s largest digital-first, invitation-only investor network,” 1000 Angels includes OneVest co-founders Tanya Prive and Alejandro Cremades, Managing Partner Erica Duignan… Read More

Crowdo Sets Regional Crowdfunding Record, Touts New MAS License

Leo Shimada

Crowdo, a South East Asian crowdfunding platform, announced today that it has received its provisional Capital Market Services (“CMS”) License from the Monetary Authority of Singapore (“MAS”). The CMS license will allow Crowdo to offer both equity crowdfunding and peer to business (P2B) lending solutions in Singapore, noted… 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

Y Combinator Alum ClearTax Rakes in $1.3M Funding, Backed by Angels Levchin, Ravikant

cleartax

Income tax returns e-filing website ClearTax has secured an angel investment of $1.3 million from top Silicon Valley angels. ClearTax was founded in 2011 by the father-son team of Raja Ram Gupta and Archit Gupta, Srivatsan Chari and Ankit Solanki, ClearTax is the fourth Indian start-up  funded… Read More

Simple and Rational P2P Regulation Expected: Details Emerge from Reserve Bank of India

Raghuram Rajan

According to Reserve Bank of India Deputy Governor R Gandhi, approval of new types of NBFCs (non-banking finance companies) will continue.  Detailed information has not yet been released from the bank, but Gandhi commented while inaugurating the ASSOCHAM summit discussing NBFCs: The Changing Landscape’ reported Mumbai’s Deccan Herald:… 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

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

Crowdfunding Mailbox: TrapTap Saves You From Speeding Tickets, Artbrew Home Craft Brewery & Woodies, the Perfect Chino

Mailbox Featured 4.24.16

  I have been known to receive a speeding ticket or two in my many years of driving. I used to always have a radar detector in my car that was quickly stashed under a seat when driving in a region where they were illegal…. Read More

What Will Define The Future of Crowdfunding? – An Interview with Danae Ringelmann

Danae-Ringelman 2

    What defines crowdfunding now – and in the future? Danae Ringelmann commenced a quest to redefine and redesign funding with an entrepreneurial journey that began in 2001. She has been a driving force behind the team that co-founded and launched the first of the… Read More

The Fix Crowdfunding Act is Mostly About Investor Protection

Protect and Serve Police

  Last week the House Subcommittee on Capital Markets, part of the powerful House Financial Services Committee, debated several important bills that may boost access to capital for SMEs.  One of the bills, the Fix Crowdfunding Act (HR 4855), has the profound potential to turn… Read More

What the First Consolidation Among French Lending Marketplaces, Lendix’s Acquisition of Finsquare, Tells Us

Lendix team  Olivier Goy Pascal Ouvrard Patrick de Nonneville

Lendix, the lending marketplace that recently become number 1 in SME marketplace lending in France, announced that it has acquired crowdlending platform Finsquare. This first instance of consolidation in the French market certainly is not the last. This acquisition illustrates four trends and issues in… Read More

Big Things Predicted for Small Change Real Estate Crowdfunding Platform

Eve Picker at Real Cap Event Small Change

  Small Change is a real estate crowdfunding platform with big ambitions. Launched by urban evangelist Eve Picker, the Pittsburgh-based operation seeks to fund “transformational” real estate projects by connecting developers with investors.  Individual investors gain entry into an asset class that is otherwise difficult… Read More

Canaan Partners on Marketplace Lending: Capital Diversification is the Answer

Dan Ciporin LenditUSA 2016

    The marketplace lending industry has gone from 0 to 100 in just a few short years. While it seems like only yesterday when Zopa launched in the UK capturing the title of the first P2P lender, platforms now number in the thousands and… Read More

Finsquare Acquired by SME Marketplace Lender Lendix

GOY-Nonneville-Lendix

Marketplace lender Lendix has acquired short term loan specialist Finsquare. Lendix, the largest marketplace lending platform in France, said that Finsquare’s product addressed a “real demand for lenders and borrowers alike.”  The acquisition was viewed as highly complementary to the Lendix platform – an online lender… Read More

Crowdfunding is Crowdfunding to a Crowd: But Any Other Name Would Work As Well

The Crowd Benjamin Money Stadium

Exploring the dynamics of equity crowdfunding and provoking thought about what crowdfunding means to you.  Crowdfunding has always existed, and will continue to exist, as long as there are people and scarcity of resources. People have pooled and transferred resources for the benefit of another,… Read More

Three US Senators Ask the GAO to Research Fintech & Peer to Peer Lending

US Sentors Merkley Brown Shaheen

In a letter addressed to the General Accounting Office (GAO), signed by Democratic Senators Jeff Merkley, Sherrod Brown, and Jeanne Shaheen, a request was made to research and make recommendations regarding Fintech and Peer to Peer / Marketplace Lending. The letter, dated April 18, 2016,… Read More

#LenditUSA Bigger than Ever as Online Lending Begins to Mature

Crowd at LenditUSA 2016 Peter Thiel

  LenditUSA 2016 was bigger than ever. If you look back just three years the venue and the organizers have scaled what was once a relatively small gathering of 375 industry participants in 2013 to one that is truly a global event with over 3,500… Read More

To Boost Entrepreneurship, SMEs Need Better Access to Capital

Small Business Loans Value SBE Council

This past week during a hearing at the House Subcommittee on Capital Markets, Raymond Keating of the Small Business & Entrepreneurship Council (SBE Council) delivered prepared remarks to the Representatives in attendance. The title of the hearing was the JOBS Act at Four: Examining Its… Read More

Jobs Act in 2016: House Subcommittee on Capital Markets Discusses Proposals to Aid SMEs

Capital Markets Subcommittee Witnesses 4.14.16

  The Subcommittee on Capital Markets and Government Sponsored Enterprises, part of the House Financial Services Committee, reviewed several proposed acts of legislation crafted to help smaller business and grow the economy today (April 14).  Chaired by Congressman Scott Garrett, the hearing was labeled “The… Read More