Tagged: perspective

The Composite Model: A Viable Future for Online Lending

Balance Sustainable Challenge

In recent weeks, marketplace lenders have hit a rough patch. Once the darlings of Wall Street, they have now come under fire, after a string of internal scandals and disappointing earnings. For the traditional banks – who have been saying, “we need to disrupt these… Read More

Questions Financial Regulators Love to Ask

Question How Can We Help

As any entrepreneur knows, when you are creating something new, there are no shortage of naysayers.  Among the 3 types of clients we work with (investors, corporates and financial regulators) the regulators tend to look at new things most skeptically.  But, of the many questions… Read More

Perspective: Steven Dresner of Dealflow Discusses Upcoming NYC Crowdfunding Event

George Washington NYSE Stock Exchange

Steven Dresner of Dealflow.com is one of the regular suspects in the online capital formation sector.  He has been an active voice and participant in the shift to leverage the power of the internet to make capital formation more efficient. Working with broker-dealers and other… Read More

Clickbait: American Banker Article Declares Marketplace Lending Unsustainable

Haters

Publishing on the pages of American Banker, Todd Baker has written off the entire industry of marketplace lending. Baker states, “it should be obvious now that marketplace lending is unsustainable.” A pretty strong statement for a sector of alternative finance that has, until recently, experienced… Read More

Financial Innovation Now: Big Tech Educates Policy Makers on Benefits of Fintech

Fintech Apple Google Amazon PayPal Intuit

Apple, Google, Amazon, PayPal & Intuit Provide the Firepower Behind Fintech Advocacy Group Financial Innovation Now. Back in the fall of 2015, an announcement was made regarding the creation of a new public policy coalition representing some of the largest names in tech: Apple, Google,… Read More

Is the FDIC Poised to Add Regulatory Burdens to Online Lenders?

Pendulum Ride Extreme

An article in WSJ.com today states the “regulatory advantage may be fleeting” for online lenders. The author pointed to an initiative by the Federal Deposit Insurance Corporation (FDIC) that may add new rules for banks working with online lenders that could add cost to these… Read More

That Italian Cool & Crowdfunding Opportunity

Italy Tuscany Statue

  The memory of Rockin1000’s spectacular performance of “Learning to Fly” and the gathering of one thousand musicians in Cesena, Italy is still fresh. Moreover, as the Biggest Rock Band on Earth pushes through with follow-up events, the spirit of collaboration – and collaborative economics… Read More

SeedUps CEO Sandi Gilbert on Canada Crowdfunding Regulations: “It’s a Mess”

Canada Sign Post Provinces Cottage Life

  A few weeks back Crowdfund Insider published an article on the regulatory environment in Canada that labeled new crowdfunding securities exemptions as “Dead in the Water“.  In brief, regulators in multiple provinces have enacted rules that were ostensibly created to foster entrepreneurship and access… Read More

CFPB Announces Advisory Board/Council Members. Heavy on Banks. Light on Alternative Finance

Richard Cordray

The youngest financial regulatory agency of them all, the Consumer and Financial Protection Bureau (CFPB), has announced its new Advisory Board and Council Members. The CFPB, established under Dodd-Frank, was mandated to create these advisory boards and councils. While the various groups were represented by many… Read More

Reg D: Congress Must Act to Allow Sophisticated Investors Access to Private Placements

Should you be an accredited investor

Under Reg D more than a trillion dollars is raised each year for companies that are not publicly traded. This market is huge – far larger than the annual rate of IPOs. Yet these private placements are only available to “accredited investors”: Individuals who earn… Read More

Is Reg A+ Crowdfunding Right for Your Business?

Bulls Eye Sketch Target Darts UK US

I read an article in WIRED the other day about the LaFerrari, the world’s most coveted supercar, and one particular sentence stuck out. As writer Jordan Golson plainly stated, “When it comes to this car, you don’t choose Ferrari. Ferrari chooses you.” Well, ladies and… Read More

White Label Crowdfunding 101: Part I – Pros & Cons

Crowdfunding 101 Start a Platform White Label

So you want to start a Crowdfunding Portal…. Crowdfunding and Fintech in general are demonstrating dramatic growth due to many factors including the growth of the sharing economy, technology innovations and the liberalization of securities regulations in the US and Canada. A sure indicator of… Read More

FCA Chief Told Parliament Committee Crowdfunding is Too Small to Be Systemically Important

Back to School Education Learning Teaching

Financial Conduct Authority (FCA) Chief Executive Andrew Bailey gave a Parliament Treasury Committee a crash course on Crowdfunding 101 this past June.  The letter by Bailey was recently posted on the Treasury Committee website, along with a statement from Andrew Tyrie MP, Chairman of the Committee,… Read More

David Snitkof of Orchard Shares Unique Insight into Online Lending Market Dynamics

David Snitkof edited

Orchard Marketplace is a platform that is uniquely positioned at the intersection of institutional money and online lending. If you are a large investor you are using Orchard to manage and access loans on all marketplace lending platforms. This perspective means that Orchard can easily… Read More

Q&A: Aaron Schwartz Head of Fintech Research at PwC

FinTech and Money

Earlier this week PwC (under the DeNovo label) published a wide-ranging report on the evolution of Fintech. The document was the production of many PwC executives covering topics like blockchain, payments, banking and the overall transformation of financial services. In one respect the report is… Read More

Africa: FinTech’s Natural Fit & Next Frontier

Africa

We’ve heard the sensationalism before – That the unbridled array of opportunities in Africa are either being “squandered”, “exploited” or just now seeping to the surface for globalization to capitalize on the ‘Rising Continent’ in a timely fashion. Though rhetoric, it’s no doubt significant, though that… Read More

The Fix Crowdfunding Act. What it Fixes & What it Does Not

Majesty of Law Rayburn House Office Building Washington DC

In early June, the U.S. House of Representatives, Financial Services Committee, approved the “Fix Crowdfunding Act” bill (HR 4855). Maybe it’s the title of the bill that is misleading, but since then I have seen multiple articles which incorrectly describe what this legislation, if fully… Read More