General News

Southeast Asia Fintecher Jirnexu Raises $3M Series A Funding

Yuen Tuck Siew

Jirnexu, a bank and insurance company tech solution provider formally known as Saving Plus, raised $3M in Series A funding, according to a release. Funding will be used to drive product development, geographic expansion and recruitment across Southeast Asia, with Malaysia and Indonesia as priority… Read More

GLI Offers Shareholders Imminent Access to Corporate Bond Issue via UK Bond Network

Andy Whelan

GLI Finance (LSE:GLIF),  an alternative finance platforms investor that provide loans to small and medium sized enterprises (SMEs), has announced that it is giving its shareholders and other eligible investors access to bonds being issued to be used as consideration for an acquisition. The company is making… Read More

Cornwall Software Taps Philip Walker to Join Crowdfunder as CFO

philip walker

Philip Walker has decided to head to the UK after ten years guiding San Francisco tech start ups to join Crowdfunder as its new CFO. Tapped by Software Cornwall, a non-profit company that aims to develop the digital technology community in Cornwall, Crowdfunder UK Director Phil Geraghty commented on the… Read More

Frost & Sullivan: AUS Ripe for Fintech Opportunities, Welcomes Biometric Security, Blockchain, AI ICT Companies

Sydney Australia

Frost & Sullivan views Australia’s development as a leader in Fintech innovation will require concerted effort from government agencies and established financial institutions and will involve partnerships and research collaboration between banks and startups, presenting many diverse and lucrative growth and development opportunities for ICT… Read More

Crowdfunding & Corporate Philanthropy: Fundraising’s Next Dynamic Duo?

Philanthropy

As you probably know, crowdfunding websites are one of the most popular fundraising options for nonprofits and individuals alike. It makes total sense: crowdfunding enables a group of people–small, large, or in between–to collectively raise money for a specific cause or charity. Plus, crowdfunding is incredibly… Read More

AIG Introduces Equity Crowdfunding Insurance For Investors

money global international

Global insurance provider, American International Group, Inc. (NYSE: AIG), has announced the launch of a new insurance vehicle, Crowdfunding Fidelity, which was developed specifically to protect investors on equity crowdfunding platforms against issuer fraud. The launch of AIG’s new insurance comes just a little over a week after Title III… Read More

Deloitte Report Asks if Marketplace Lending is a “Temporary Phenomena”

The Future of Banking

Global consulting firm Deloitte has thrown some serious shade at the online lending industry. In a report entitled; “Marketplace Lending – A Temporary Phenomena?”, the firm makes the statement that traditional finance need not worry about the fast growing marketplace lending industry; “Our findings suggest… Read More

Seedrs Introduces New Fee Structure For Raising Funds

Money UK Europe Euros Pounds

Equity crowdfunding platform Seedrs recently announced its new fee structure for raising funds, known as Seedrs Nominee. The company stated, after listening to entrepreneur and investor feedback, it is looking for ways to make its portal more effective for everyone. Seedrs revealed the new simple tiered… Read More

The Crowdfund Intermediary Regulatory Association Adds New Names to Board of Directors

Blaine McLaughlin Anthony Zeoli Ron Miller

The Crowdfund Intermediary Regulatory Association (CFIRA) has updated its Board of Directors adding several new members.  The recently appointed individuals will begin a two year term on June 2nd. The new members include: Anthony Zeoli – Partner at Freeborn and Crowdfund Insider Senior Contributor Ron… Read More

Stratifund Will Provide Research on Equity Crowdfunded Offers

Alex Thaler

Minneapolis-based Stratifund is now offering research reports to help investors determine whether or not an equity crowdfunded offer makes sense for them. Targeting Reg A+ and Reg CF offers, Stratifund is combining independent research reports and a proprietary rating system to help individuals make ‘informed investment… Read More

LendIt Teams Up With P2P Finance Association to Host Upcoming European Conference

Samir Desai and Peter Renton at Lendit Europe 2015

Organizers of the online lending conference, LendIt, announced on Friday that they have teamed up with P2P Finance Association to host the third annual conference, LendIt Europe 2016. The event will be held October 10th-11th, 2016 in London. LendIt stated that the european event will feature 150 speakers… Read More

Lending Club’s New CEO Tells Investors: We Are in a Strong Financial Position

Scott Sanborn 2

Following a series of unfortunate events, acting CEO of Lending Club (NYSE:LC) Scott Sanborn has offered relatively good news to the individual investor base. According to his recent letter, Sanborn stated that he is continuing to remain confident in the the lending platform as well as his team…. Read More

EasyPark Acquires PARKO, Helping to Eliminate the Stress of Finding Parking, One Car at a Time

Chicago City Skyscraper

Launched in 2000 and now in 400 cities across 9 markets, EasyPark helps drivers find and pay for parking. In a move to complement current capabilities within parking availability, EasyPark Group announced its acquisition of parktech start-up PARKO, which specializes in advanced algorithms for determining on-street block-by-block parking… Read More

Comments on SEC’s Compliance & Disclosure Interpretations Regarding Regulation Crowdfunding Guidance

Anthony Zeoli at SEC

  The crowdfunding regulations of the Securities and Exchange Commission (SEC) became effective on May 16, 2016, and the agency has issued Compliance and Disclosure Interpretations (C&DIs) providing interpretive guidance on Regulation Crowdfunding. “It is encouraging to see the SEC being so proactive in issuing… Read More

Crowdfund Insider CEO Andrew Dix Receives New Capital Markets Leadership Award from CFIRA, SBE Council and CCA

andrew dix

During the inaugural Crowdfunding Technology Showcase and Celebration in Washington, D.C., CrowdFund Intermediary Regulatory Advocates (CFIRA), Crowdfund Capital Advisors (CCA) and the Small Business & Entrepreneurship Council (SBE Council) presented Crowdfund Insider Co-founder and CEO Andrew Dix the “New Capital Markets Leadership Award” for Media. Crowdfund Insider, the leading… Read More

Next Money Announces Global Fintech Radar Challenge

Rob Findlay

Next Money, formerly Next Bank, announced on Friday that it is launching its first Global Fintech Radar Challenge. This event calls for Open Source developers/platforms to create and produce an aggregation tool for fintech data, news, insights, social media interactions, startups and companies, industry trends and patents. According to the… Read More

Former Scotiabank Fund Distributor Jesse Mosebye Joins LendInvest Capital’s Team

Jesse Mosebye

LendInvest Capital, the fund management and advisory division of UK’s online lender LendInvest, announced on Friday that former Scotiabank Fund distributor, Jesse Mosebye, has joined its growing team.  During his time at Scotiabank, Mosebye was responsible for building investor relationships for the brokerager’s hedge fund and asset… Read More

Capital One Announces UK Fintech Startup Accelerator “Growth Labs”

Growth Labs 3

Credit card giant, Capital One, announced this week the launch of its UK fintech accelerator known as Growth Labs. The new 10-week program, in partnership with the tech investor L Marks, offers startups advice and support as they develop innovative technology for the financial sector. Capital… Read More