China: WeiyangX Fintech Review

Top Story

China Takes Strict Control Over Consumer Credit, Forbidding it to Enter the Real Estate Market It is reported on September 20th that the Guangzhou branches of PBOC and CBRC have jointly issued a statement about consumer credit regulation, forbidding it to enter the real-estate market…. Read More

Seedrs Return: Chili Sauces & Cooking Pastes Company Mr. Singh’s Launches Second Equity Funding Round

Just one year after launching its first Seedrs campaign, chili sauces and cooking pastes Company Mr. Singh’s has returned to the equity crowdfunding platform to raise an additional £85,000. As previously reported, the company is described as a family-owned East London business that produces a range… Read More

Grooming Brand For Barbers Native Products Hits Crowdcube to Raise £150,000

Native Products, a modern grooming brand that was developed by barbers and made in the UK, has launched a funding round on equity crowdfunding platform Crowdcube. The company is currently seeking £150,000 as it prepares for expansion. The company revealed it now has a range of… Read More

To Stop Bitcoin You Would Have to “Shut Down the Internet” (Video)

Jules Urbach, CEO of OTOY (a cloud graphics company), visited with CNBC on Friday to discuss cryptocurrencies, Blockchain and Ethereum in general. The discussion was a bit convoluted which is indicative of the confusion within the mainstream media and financial services space but Urbach countered… Read More

Report: There are 214 Unicorns in the World. A Good Number of them are Fintech

The wild herd of Unicorns, private businesses that are valued at $1 billion or more, continues to multiply.  The valuations rise as private money hunts for the next big investment trophy. Today, investing is borderless and services looking to scale tend to be country agnostic…. Read More

Singer-Songwriter Shawn Mendes Teams up With the American Red Cross to Launch Mexico Earthquake Relief Campaign on Crowdrise

On Friday, singer-songwriter Shawn Mendes announced he is partnering with the American Red Cross to raise funds and bring awareness to those in need after the devastating earthquake hit Mexico earlier this week.  The initiative was launched on crowdfunding platform CrowdRise. The campaign’s description reads: “On September 19, while I… Read More

The Good Egg Returns to Crowdcube to Raise £500,000 For Second Restaurant Site

Less than three years after securing £253,540 from its first equity crowdfunding campaign on Crowdcube, The Good Egg has returned to the funding platform to raise £500,000 as it prepares to open second restaurant site. As previously reported, The Good Egg was inspired by Californian deli… Read More

SEC IAC Publishes Agenda for Next Meeting Including Blockchain Panel

The Securities and Exchange Commission (SEC) has published the agenda for the upcoming Investor Advisory Committee (IAC) meeting scheduled for October 12th. The meeting may be a bit more interesting as there is a panel scheduled to discuss Blockchain utilization or Distributed Ledger Technology (DLT)… Read More

Back in the Game: Flashfunders Sees First Reg CF Offer, Triumph Wines, Since Acquisition by Boustead

Ever since control of Flashfunders was migrated to Boustead Securities the platform has been rather quite in the crowdfunding space. An early FINRA approved Reg CF portal, Flashfunders helped Adomani become the first Reg A+ issuer to crowdfund and then successfully trade shares on NASDAQ. Following… Read More

Chicago Cubs Catcher Rene Rivera Launches Hurricane Maria Relief Campaign on GoFundMe

Following Hurricane Maria’s devastation on Puerto Rico, Chicago Cubs catcher and Puerto Rico native, Rene Rivera, and his wife have launched a GoFundMe crowdfunding campaign dedicated to the relief efforts. The storm, which hit earlier this week, devastated Puerto Rico, with reports that at least six… Read More

UK Digital-Only Starling Bank Plans to Raise £40 Million In Preparation For Global Expansion

UK-based digital-bank startup Starling Bank has announced it plans to raise £40 million from investors as part of its global expansion. Starling Bank describes itself as a fintech business with a banking license, fully regulated by the FCA and PRA. We were granted a banking license… Read More


Premium Hotel Group in Austria Leverages Alternative Finance with Finnest

Premium hotel group Falkensteiner Hotels & Residences is using an alternative finance platform to raise capital as part of an expansion plan. The Austrian company has listed an investment offer on Finnest.com to allow its guests to become investors. The award-winning hotel group operates 32… Read More

Elevate Report: Too Many Gen-Xers Lack Financial Stability

Elevate (NYSE: ELVT) is out with a report stating that members of Generation-X, the rapidly aging population that followed the Boomers, born between 1965 and 1980, are facing economic challenges that constantly keep them off balance. Yes, Baby Boomers do suck. They Hoovered up all of… Read More

Black Riddles Studios Launches Fig Campaign For New Game “Crazy Justice”

Earlier this week, Black Riddles Studios launch a crowdfunding campaign on Fig seeking $30,000 for its new video game, Crazy Justice. According to the studio, Crazy Justice is a third-person multiplayer shooter in cel-shaded style with steampunk elements. “Play as a hero and save the world from… Read More

Fintech Firm eOriginal Appoints Michael Coluzzi As New CFO

Growing fintech firm eOriginal announced on Thursday it has appointed Michael Coluzzi as its new Chief Financial Officer. The company reported that Coluzzi is the third key additional to its leadership, with Brian Madocks named Chief Executive Officer (CEO) and Timothy Wall as Chief Revenue… Read More

FinTech Australia Announces Upcoming Intersekt Fintech Festival to Have World-First Gender Equality Commitment

Fintech Australia announced its upcoming Intersekt Fintech Festival is set to be a world-first gender equality target and is part of an ongoing campaign to drive increased levels of email participation in the country’s startup sector. The festival is set to be held in Melbourne from… Read More

Antony Jenkins’ 10x Future Technologies Raises £34 Million During Series A Funding Round Led By Ping An

European fintech firm 10x Future Technologies announced on Thursday it secured £34 million during its latest Series A funding round, which was led by China’s Ping An. Launched in October 2016 by formed Barclay’s CEO Antony Jenkins, 10x Future Technologies provides clients with a new digital platform helps financial service… Read More

Will HM Treasury “Clamp Down” on EIS & Undercut Investment in Early Stage Firms?

Earlier this week, the Sunday Times reported that the UK government was examining plans to “clamp down” on the Enterprise Investment Scheme (EIS). This program is a tax exemption that seeks to incentivize investment in early stage companies – an intrinsically risky endeavor. By providing… Read More

Life Sciences Crowdfunding Platform Capital Cell Opens to UK Investors

Capital Cell, a crowdfunding platform dedicated to life sciences, announced this week it is officially opening its portal to UK investors. The first four investment opportunities now live on the platform. As previously reported, Capital Cell was founded by Daniel Oliver and based in Barcelona, is the first… Read More

Prosper Secures $50 Million Series G Investment

Prosper announced on Thursday it has secured a $50 million Series G investment from an investment fund co-managed by FinEX Asia. The online lender revealed that the investment brings its total equity raised to $410 million to date and it will be used to make strategic investments in… Read More