Acting Comptroller Answers Fintech Question: “What are your thoughts on granting national bank charters to financial technology companies?”

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The Acting Comptroller of the Office of the Comptroller of the Currency, Keith Noreika, answered a pressing question today in a speech delivered at the Exchequer Club in Washington, DC. Noreika asked the question of himself that everyone in finance had been wondering; “What are… Read More

Fig Success “Kingdoms and Castles” Now Available on Steam & GOG

Less than seven months after securing $108,767 from 1382 backers on crowdfunding platform Fig, Lion Shield’s video game Kingdom and Castles is now available on Steam and GoG. As previously reported, Kingdoms and Castles is notably inspired by the SimCity series, Banished, and Stronghold, is described as… Read More

Dark Screen Games Hits Fig to Raise Funds For New Indie Fighting Video Game “Bounty Battle”

Indie video game developer Dark Screen Games launched a crowdfunding campaign on Fig to raise $30,000 for its new game, Bounty Battle. According to the developer, up to four players compete against each other using characters from their favorite indie games across levels from their favorite indie… Read More

What Delaware’s Historic Blockchain Law Means to You…

As previously reported, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. The amendments relating to trading stock on a blockchain were added… Read More

Cider Subscription Service Crafty Nectar Addresses Copyright Issues As Crowdcube Campaign Secures £100,000 Funding Target

Less than 24 hours after launching its equity crowdfunding campaign on Crowdcube, cider subscription company, Crafty Nectar, has successfully secured its initial 100,000 funding target from more than 100 investors. The company states its mission is to connect people with exciting ciders made in the traditional… Read More

Fundrise Officially Announces New eFunds

Fundrise, a leading online marketplace for real estate investing, has officially announced the availability of their new eFunds. Crowdfund Insider reported on the looming announcement this past spring when Fundrise filed a new Form 1-A, or Reg A+ offer, revealing the new investment vehicle. In… Read More

Medici Ventures Invests in Symbiont, Aims to Lead Delaware Blockchain Form Registration

Medici Ventures, a major blockchain tech investor, completed its strategic investment in Symbiont. As part of the new relationship, the two companies will collaborate on strategic projects involving both Medici Ventures and its parent company, Overstock.com Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform… Read More

Storm Sondors Files Two Reg A+ Offers: One for Electric Cars, One for Electric Bikes

Storm Sondors, the founder of the Sondors eBike company that has ridden to success on rewards based funding platforms, has filed to Form 1-As with the SEC.  Each filing represents a different crowdfunding offer. The first offer, which was initially messaged during Sondor’s Electric Car… Read More

Monthly French Wine Subscription Your Sommelier Launches £110,000 Crowdfunding Round on Seedrs

Your Sommelier, a London-based online wine merchant, has launched an equity crowdfunding campaign on Seedrs. The company is seeking £110,000 as it prepares to grow and expand its monthly subscription boxes of French wines. The company stated it started trading three years ago a concept of offering… Read More

LendKey’s Very Big Day: $13M Series C Funding, $8M Equity & $5M Debt Financing

LendKey, a leading lending-as-a-service solution for banks and credit unions, raked in $13 million in Series C funding, $8 million in equity and $5 million in debt financing. North Atlantic Capital, based in Portland, ME, led the round with participation from each of LendKey’s existing… Read More

EV Charging Company Engenie Powers Up £1M Campaign on SyndicateRoom

Online investment platform SyndicateRoom has opened up a £1 million investment opportunity  for the electric vehicle (EV) charging company, Engenie. The company, which was launched in 2013, provides high-power rapid-charging facilities for electric cars and buses, catering both directly to consumers and also to commercial… Read More


House Republicans Introduce Bill to Challenge Controversial CFPB Rule on Arbitration

Republicans members on the House Financial Services Committee have introduced legislation (H.J. Res 111) designed to nullify a controversial rule published by the Consumer Financial Protection Bureau (CFPB). The resolution is cosponsored by all 34 Republican Members of the Financial Services Committee and mirrors a resolution… Read More

Fintech Startup Receipt Bank Raises $50 Million Through Series B Funding Round Led By Insight Venture Partners

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

Growth Street Comments on Nesta’s One Up Challenge Selection: Helping UK’s SMEs Prosper

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

FinTech Studios Secures $1 Million Seed Investment from KEC Ventures

FinTech Studios, a cloud platform dedicated to AI-based financial information, fintech apps, and big-data analytic products, announced on Thursday it secured raised $1 million during a Series Seed funding round led by KEC Ventures. Founded in 2014 byJim Tousignant, FinTech Studios states its cloud technology leverages machine… Read More

RateSetter Upheaval: P2P Lender Shoulders Struggling Loans, Backs Away from Wholesale Lending

RateSetter has been hit with a series of significant operational challenges as several large loans have struggled.  The widely reported series of events have culminated in approximately £80 million worth of loans being taken over by the P2P Lender. This amount would have far outstripped… Read More

LendInvest Launches New Retail Bond

LendInvest, a UK based online property finance marketplace, has recently announced the launch of a new Retail Bond, with a fixed interest rate of 5.25% due in 2022. LendInvest will continue to provide three other investment channels including their online investment marketplace for individuals to invest… Read More

DSTLD Returns to SeedInvest for Second Crowdfunding Round

DSTLD, the online only clothing retailer that provides high quality fashion at a super competitive price, is back once again on SeedInvest to raise additional funding using Reg A+. During their last crowdfunding campaign, DSTLD raised $1.7 million. The money raised has been leveraged to… Read More

Elio Motors Faces $545,000 Fine, Charged by State of Louisiana for Operating without a License

  The heat is rising for Elio Motors  (OTCQX: ELIO) as the State of Louisiana has fined the aspiring vehicle company $545,000.  The Louisiana Motor Vehicle Commission has accused Elio Motors of operating as a manufacturer/dealer of recreational products without a license. On the bright… Read More

Chief Deputy Whip Patrick McHenry & Congressman Gregory Meeks Introduce Bill Addressing Madden v. Midland Case

Chief Deputy Whip Patrick McHenry, the Vice Chairman of the House Financial Services Committee has partnered with Congressman Gregory Meeks to introduce HR 3299 entitled, “Protecting Consumers’ Access to Credit Act of 2017“. This bill is designed to “restore consistency to our nation’s lending laws… Read More