China: WeiyangX Fintech Review

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CBRC Releases Documentation to Regulate Small Cash Loans Market This week, China Banking Regulatory Commission released a documentation “Guidelines on risk prevention and control in banking industry” to regulate the small cash loans market by perfecting the in-out mechanisms, paying more attention to the supervision… Read More

Crowdfunder UK: Surge in Crowdfunding Helps More Political Candidates Run in Snap Election

This week, Crowdfunder UK reported that more political candidates are excepted to crowdfund their election campaign in the snap general election. The crowdfunding platform revealed that just a little over a week since the election, projects on its website have raised £200,000 in the politics category…. Read More

London’s Redchurch Brewery Returns to Crowdcube: Seeks £400,000 to Continue Expansion

Just a little over a year after securing nearly £500,000 through its first Crowdcube campaign, London-based Redchurch Brewery has made its return to the equity crowdfunding platform to raise £400,000. Since its establishment six years ago, the Redchurch Brewery has grown from a single archway… Read More

Kickstarter Debuts Creators-in-Residence Pilot Program

On Friday, Kickstarter announced as part of its mission to bring creative projects to life, it has launched the pilot of its new Kickstarter Creators-in-Residence program. The crowdfunding giant stated that during the pilot, it will open its Brooklyn headquarters doors to various campaign alumni… Read More

Following Seedrs Overfunding: Humble Grape To Open Third Location in Islington

Independent wine merchant and wine bar concept, Humble Grape, is set to open a third site in Islington this upcoming summer. The news comes just a few weeks after the company secured its initial 1 million funding target through its latest equity crowdfunding campaign on… Read More

Autorité des Marchés Financiers Launches Fintech Lab

In an attempt to enhance their understanding of the Fintech industry, the Autorité des marchés financiers (AMF) in Quebec, Canada, has announced the creation of a Fintech Lab. The Fintech Lab, which will be accessible to all AMF employees contributing to the projects of the Fintech… Read More

Small Change Announces Pittsburgh’s Liberty Bank Building Real Estate Offering

Real estate crowdfunding platform Small Change announced this week the launch of Pittsburgh’s Liberty Bank Building real estate offering. The funding portal noted that the project is seeking $300,000 to fund development of the building into co-working operator Beauty Shoppe’s flagship location. According to Small Change, Beauty Shoppe currently… Read More

Comptroller of the Currency, Thomas Curry, Delivers Speech on Importance of Fintech Innovation

“That ability to adapt and evolve to meet the changing needs of customers and the marketplace is as critical” Thomas Curry, the Comptroller of the Currency, delivered a speech today at Kellogg School of Management in Chicago. The speech comes at an interesting time as… Read More

Overfunding: Hummus Bros Secures £125,000 Funding Target on Seedrs

Mediterranean restaurant and pop-up chain, Hummus Bros, has successfully secured its initial £125,000 through its latest equity crowdfunding round on Seedrs. The company launched the initiative last month and has raised £132,700 from nearly 180 investors. As previously reported, Hummus Bros was launched in May 2003 by… Read More

Update: Derby Brewing Co. Increases Equity Offering Through Crowdcube Campaign & Decreases Valuation

Less than two weeks after launching its equity crowdfunding campaign on Crowdcube, Derby Brewing Co. has officially increased its equity offering from 3.86% to 6.5% through the funding round and decreased its initial valuation from £12,459,364 to £7,192,307.60. As previously reported, Derby Brewing Co. was… Read More

LendingUSA Appoints Former Consumer Enforcement Unit Attorney Jenann Shemisa As General Counsel & Chief Compliance Officer

LendingUSA announced on Friday it has appointed former consumer enforcement unit attorney, Jenann Shemisa, to its executive team as both General Counsel and Chief Compliance Officer. Shemisa will assume her new role immediately, reporting directly to Camilo Concha, CEO and Founder. According to LendingUSA, Shemisa previously served… Read More


Ireland is Considering Bespoke Crowdfunding Regulation

  Last week, the government of Ireland announced a Public Consultation on the Regulation of Crowdfunding. Currently, crowdfunding is not a regulated activity in Ireland. The Irish Minister for finance, Michael Noonan T.D. commented on the consultation; “Ensuring that the development of this exciting and… Read More

Blockchain Tech Company Humaniq Announcement: ICO Exceeds $5 Million From Nearly 12,000 Participants

Humaniq, a Blockchain Ethereum-based financial services project that provides banking 4.0 services for the unbanked, announced on Friday its initial coin offering (ICO) concluded and successfully secured $5,163,000 from 11,860 participants. This news comes just days after Humaniq revealed its new partnership with South Korean cryptocurrency… Read More

Two New Partnerships Announced Involving Singapore Fintech

This week, two separate partnerships involving Fintech education were announced in Singapore. Visa announced it has partnered with the Singapore Fintech Association and five local polytechnic schools to nurture future talent through a series of engagements with students from the schools. IBM also announced this week… Read More

OCC Fintech Charter Lawsuit Creates “Increasing Headwinds” for Progress

The Conference of State Bank Supervisors (CSBS), a US organization of state bank regulators, filed a complaint against teh Comptroller of the Currency in the US district court of Columbia this week. The action was against the much debated Fintech Charter that was launched to… Read More

Assetz Capital Expansion Continues with New Hire for South Wales

Peer-to-peer lender Assetz Capital has appointed former Handelsbanken Branch Manager and Barclays Business Development Director, Mark Standley, to oversee their South Wales operations. Prior to his roles at Handelsbanken Cardiff and Bridgend, Standley was with Barclays leading a mid and large corporate business development team… Read More

KPMG: $3.2 Billion in Fintech Deals During Q1 as 2017 “Starts Modestly”

KPMG has published their most recent Pulse of Fintech covering the global Fintech industry during Q1 of 2017. According to their numbers, global investment in Fintech topped $3.2 billion accross 260 deals the first three months of the year. KPMG says that Fintech investment got… Read More

China Credit FinTech Leads US$50M Series A in Singapore Life

Life insurance startup Singapore Life Pte Ltd announced it has raised over US$50 million in its Series A round of funding. The bulk of the investment came from a subsidiary of China Credit FinTech Holdings Limited, a Hong Kong Stock Exchange-listed company. UK-based investment firm… Read More

OnDeck Canada Announces Partnership With Point of Sales Platform LightSpeed

Online lender OnDeck Canada announced on Thursday it has formed a partnership with cloud-based point-of-sales platform for independent retailers and restaurants, Lightspeed. According to the duo, this new partnership will allow Lightspeed users to secure loans through OnDeck’s lending platform and the new offering will… Read More