September 30, 2019 @ 7:35 am By JD Alois  |  

JustPark recently launched an offering on Crowdcube which easily raised £5.5 million in 48 hours during the pre-registration portion of the round. According to the company, £1 million was raised in under one hour as the company booked an investment every 2 seconds. The private… Read More

September 29, 2019 @ 6:03 pm By JD Alois  |  

Earlier this month, Innovate Finance CEO Charlotte Crosswell delivered an Open Letter to UK Prime Minister Boris Johnson demanding the Enterprise Management Incentive (EMI) be updated to a cap of £100 million from the current £30 million. Simultaneously, the missive asked the government to increase… Read More

September 29, 2019 @ 4:13 pm By JD Alois  |  

The US Senate Entrepreneurship Caucus recently hosted a staff briefing with the Small Business and Entrepreneurship Council (SBE Council and the Association of Online Investment Platforms (AOIP) on the current state of crowdfunding. Senator Tim Scott and Senator Amy Klobuchar launched the Entrepreneurship Caucus back… Read More

September 29, 2019 @ 3:31 pm By JD Alois  |  

USD Coin (USDC) celebrated its first birthday this past week. As noted in a tweet, USDC is now the second most popular stablecoin following Tether. On September 26, 2018, Circle and the CENTRE open source consortium introduced USD Coin to enable individuals and institutions to… Read More

September 28, 2019 @ 9:06 am By JD Alois  |  

eToro, a crypto/traditional investment platform, has partnered with Goren Holm Ventures (GHV) to provide access to education on adoption of cryptoassets and has also become the title sponsor of GHV’s  West Coast blockchain investment conference, CIS. Earlier this year, eToro launched its trading platform in… Read More

September 27, 2019 @ 6:34 pm By JD Alois  |  

Central Bank Digital Currencies or CBDCs are on their way. That is according to ING’s Chief Economist, Mark Cliffe. In a post and video, the global bank states: “Rapid advances in distributed ledger technology have spurred debate about the possibilities, advantages and drawbacks of central… Read More

September 27, 2019 @ 11:53 am By JD Alois  |  

Fraud takes place daily in the financial services industry. Crowdfund Insider reads about it every single day. It is just a fact of life. There will always be a miscreant somewhere looking to separate good money from good people. That is why the industry must… Read More

September 27, 2019 @ 9:01 am By JD Alois  |  

Leading online investment platform OurCrowd has announced that it will open its 13th global office in São Paulo, Brazil. OurCrowd sees the  region as a key location for innovation. OurCrowd announced the news during OurCrowd Sync: São Paulo 2019, the company’s first major event in… Read More

September 27, 2019 @ 7:06 am By JD Alois  |  

Folk2Folk, a local-focused peer to peer lender providing financing to SMEs, has appointed Roy Warren as its new Managing Director. Warren has been filling the role on an interim basis for some time now. Simultaneously, the P2P lender added four new members to its Board… Read More

September 27, 2019 @ 12:31 am By JD Alois  |  

Small businesses are in urgent need of more government support if no-deal Brexit lands on October 321st, according to research from the UK Federation of Small Businesses (FSB). The clock is ticking and the UK still does not have a deal in hand. Meanwhile, it is… Read More

September 26, 2019 @ 7:45 pm By JD Alois  |  

Digital Assets are the Future of Securities It is a truism that digital assets are the future of public securities. The ink on paper certificates have had a good run but the digitization of finance is upon us and securities must be digitized. The advent… Read More

September 26, 2019 @ 6:19 pm By JD Alois  |  

Fig Reports Majority of Released Games are Profitable Fig, a unique investment platform that was “created for gamers, by gamers,” has announced a new offering “Fig Portfolio Shares.” Fig will now provide access to investors to a basket of securities from games funded by Fig… Read More

September 26, 2019 @ 3:10 pm By JD Alois  |  

Digital asset trading platform Bittrex has signed up to leverage Chainalysis and its Know Your Transaction (KYT) platform. As regulators have focused more energy and attention on the crypto market, exchanges have had to up their game to make certain they operate within the parameters… Read More

September 26, 2019 @ 2:56 am By JD Alois  |  

Dr. Zhou Xiaochuan, President, China Society for Finance and Banking, and former Governor, People’s Bank of China, addressed a closed-door audience today in an event sponsored by the Monetary Authority of Singapore (MAS). The topic of Dr. Xiaochuan’s speech was “Fintech development and its interaction… Read More

September 26, 2019 @ 1:04 am By JD Alois  |  

Online lender Kreditech has raised €20 million in its latest funding round, according to a note from the company. Apparently, the additional capital will help the Fintech scale globally in its goal to provide credit to near-prime customers. The funding was co-led by Runa Capital… Read More

September 25, 2019 @ 9:35 pm By JD Alois  |  

The U.S. House of Representatives has passed H.R. 1595, the SAFE Banking Act, a Cannabis friendly act of legislation that may enable marijuana-based businesses to access the federal banking system. The bipartisan legislation was sponsored by Congressmen Ed Perlmutter (D-CO), Denny Heck (D-WA), Steve Stivers… Read More

September 25, 2019 @ 3:33 pm By JD Alois  |  

Investment crowdfunding platform NextSeed has merged with Collaboration Capital in a move to create a leading “technology-driven impact investment firm open to everyone.” In effect, the NextSeed merger with Collaboration creates a Fintech forward digital investment bank providing access to capital and access to opportunity… Read More

September 25, 2019 @ 1:11 pm By JD Alois  |  

The deadline for comments on the Securities and Exchange Commission’s “concept release” on regulatory harmonization was yesterday. But even while the official deadline hit on September 24th, we expect that more comment letters from interested parties will be trickling in over the next few days… Read More

September 25, 2019 @ 11:32 am By JD Alois  |  

Equifax (NYSE:EFX) and Alchemy Technology have inked a new partnership to help banks and “specialty finance firms” as well as Fintechs accelerate their development with a white label lending solution. According to a release, Alchemy will provide the nuts and bolts lending software while Equifax… Read More

September 25, 2019 @ 10:02 am By JD Alois  |  

JPMorgan Chase (NYSE:JPM) has committed $25 million to launch Fintech solutions as it renews its commitment to the Financial Health Network’s Financial Solutions Lab, a Fintech accelerator. The Financial Solutions Lab will focus on creating Fintech tools to help people increase savings, reduce debt and… Read More