Is Crowdfunding to Blame for the Decline of IPOs?

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    In a recent article published in the Hastings Law Journal (embedded below), Duke University School of Law Associate Professor Elisabeth de Fontenay discusses the relationship between the recent decline of IPOs and the deregulation of private capital. Professor Fontenay also spoke at the… Read More

EY Fintech Adoption Index: China Leads the Pack. USA is Just Average

Here is another document that points to China’s size, dominance and creativity when it comes to financial innovation.  EY has published the “Fintech Adoption Index 2017” that grades the various markets where EY operates so just about most of the developed world. When you think… Read More

Tokyo Metropolitan Government Set to Invite Foreign Companies to Fintech Business Camp Event

The Tokyo Metropolitan Government (TMG) announced on Friday it is set to invite foreign companies to participate in the upcoming FinTech Business Camp Tokyo event. It was revealed: “TMG is preparing a new plan which can be termed the ‘Financial System Reform in Tokyo —… Read More

Fintech Sandbox and Ontario Centres of Excellence Announce Partnership

The Boston based company Fintech Sandbox and the Ontario Centres of Excellence (OCE) signed a memorandum of understanding (MOU) to work together to bring the Fintech Sandbox model into Ontario and eventually the rest of Canada. The President and CEO of OCE, Dr. Tom Corr,… Read More

New Zealand Online Lender Harmoney Achieves $500 Million Milestone in Under Three Years of Operation

New Zealand-based peer-to-peer lending marketplace Harmoney announced on Friday it has officially achieved $500 million transaction milestone in just under three years of operation. The online lender reported that 30,000 Kiwis have joined its community and have two challenger NZ owned banks, TSB and Heartland,… Read More

MedTech Company Injeq Oy Attracts More Than €1.1 Million Through Invesdor Round

Injeq Oy (Ltd), a Finland-based MedTech company, is set to close its equity crowdfunding campaign on Invesdor more than €1.1 million from over 450 investors. The company, which launched the initiative last month, sought to raise €825,000 to bring its smart Injeq IQ-Needle to the European medical… Read More

Update: Powervault’s Latest Crowdcube Nears £1 Million From More Than 600 Investors

With its fourth equity crowdfunding campaign set to close on Crowdcube in less than two weeks, Powervault is close to securing 1 million from more than 600 investors.  The home battery system company, which was founded in 2012, currently has a pre-money valuation of more than £8… Read More

loanDepot: “The Momentum is Just Starting”

While the revelation that online mortgage lender Sindeo was turning off the lights and shutting down was disappointing news in the Fintech space. But other online mortgage lenders continue to execute and grow. One of the most promising is loanDepot, the creation of CEO Anthony… Read More

Cryptocurrency Exchange EXMO Lists WAVES to List of Offered Coins

EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs, announced on Friday it has added Waves Platform to its list of offered coins. EXMO reports it will initially list the WAVES/BTC pair as well as USD and EUR fiat options. It also supports Russian… Read More

Dutch Fintech Firm Adyen Achieves Pan-European Banking License to Bypass Banks & Process Cross-Border Payments Directly

Dutch fintech firm Adyen announced on Friday it has received a pan-European banking license that allows it to bypass banks and process cross-border payments directly to its merchant customers. According to Adyen’s chief executive, Pieter van der Does, the Amsterdam-based company received the license in… Read More

Microsoft Accelerator Shanghai Hosts First Batch Graduation & Demo Day

Microsoft Accelerator Shanghai (MASH), which was launched in January 2017, hosted its first batch’s graduation and demo day on Thursday. The event showcased a total of 14 startups that participated in the program. According to the program,10 out of the 14 startups have received new… Read More


Fintech Collaboration: Japan & Australian Create Cooperation Framework

The Australian Securities and Investments Commission (ASIC) and the Japan Financial Services Agency (JFSA) have announced a framework for co-operation to promote Fintech innovation in Japan and Australia. A formal “Exchange of Letters” ceremony between Australian Ambassador to Japan, the Hon Richard Court AC and State Minister… Read More

Online Mortgage Lender Sindeo Shuts Down

Launched in 2013, Sindeo opened up offices in San Francisco “to revolutionize the way people plan, shop and secure a mortgage.” Founded by CEO Nick Stamos and Ori Zohar, Sindeo quickly raised funding to fuel sector growth for their online lending platform including a $5… Read More

Startupbootcamp Mumbai Selects Inaugural Class of Fintechs

One of the world’s leading accelerators for Fintech Startups, Starupbootcamps, announced their first round of companies that will join their inaugural program in Mumbai, India. These startups beat out nearly 300 other companies from Asia, Africa, Europe, and the Middle East. Since its launch in… Read More

Reg CF Portal Pivot: DreamFunded Abandons Startups for Real Estate Crowdfunding

DreamFunded, a FINRA approved Reg CF portal, has pivoted from its original model of providing access to capital for early stage companies. Today, instead of the next cool startup gracing the pages of DreamFunded there are single family homes up for investment. Crowdfund Insider contacted… Read More

LendingClub Closes $279.4 Million Self Sponsored Securitization

LendingClub (NYSE:LC) has announced its first first self sponsored securitization deal had closed. Announced after the market closed, Lending Club issued $279.4 million in notes backed by consumer loans originated on the LendingClub platform. The Consumer Loan Underlying Bond (CLUB) NP Credit Trust 2017-NP1 (CLUB… Read More

Lady Gaga Partners With Staples to Support Education & Positive Classroom Experience; Set to Donate $1 Million To DonorsChoose

Staples, Inc. announced on Thursday it is teaming up with mega singer Lady Gaga to support education and create a positive classroom experience through its Staples for Students Program. According to the office supply retailer, the new partnership will build on its long-standing commitment to support… Read More

Reg A+ Issuer Adomani Trades Higher Following Mini-IPO Crowdfunding Offer

Last week there were two companies that raised money crowdfunding under Reg A+ and soon followed by trading on a public exchange. Myomo (NYSE:MYO), raised capital on Banq, and then listed on NYSE MKT. The shares have since traded to a high of about $23 /… Read More

Former Goldman Sachs CTO Paul Walker Joins Board of Fintech Firm OpenFin

Fintech company OpenFin announced on Wednesday that former Goldman Sachs CTO Paul Walker as been appointed to its board of directors. This news comes just a couple months after the firm secured $15 million during its Series B funding round, which was led by J.P. Morgan, Euclid Opportunities,… Read More