January 21, 2019 @ 7:42 am By JD Alois  |  

The once red-hot UK property market has cooled a bit. As Brexit fears persist, London property prices have declined dramatically from their peak more than a year ago. Headlines have done little to assuage concerns with one recent publication claiming housing sales are facing the worst… Read More

January 21, 2019 @ 7:11 am By JD Alois  |  

Digital bank Revolut experienced an App failure yesterday that left some customers hanging, according to a thread on Twitter. The embarrassing fail comes a bit over a month after Revolut announced the company had received a long-anticipated banking license. Revolut took to Twitter to respond… Read More

January 20, 2019 @ 6:01 pm By JD Alois  |  

SIM Swap fraud is a pressing problem not only in the crypto world but identity fraud in general. A fairly new scam, the con is hatched when a criminal takes over an individual’s mobile phone by cloning the hardware. Once the perpetrator controls the mobile… Read More

January 20, 2019 @ 4:16 pm By JD Alois  |  

Digital Brands Group (DGB), a “digital-first clothing & lifestyle brands” best known for DSTLD, has closed on its most recent securities crowdfunding round. DSTLD / DGB raised $3.2 million in a transatlantic investment offering. US based SeedInvest leveraged its ongoing relationship with UK based Crowdcube… Read More

January 19, 2019 @ 6:46 pm By JD Alois  |  

The StartEngine Index tracking Reg CF crowdfunding issuers was published a few days ago. According to StartEngine, total successful offerings since the securities exemption was launched in May of 2016 now stands at $161.5 million. So how does 2018 compare to the year prior? Excellent question…. Read More

January 19, 2019 @ 4:31 pm By JD Alois  |  

RealtyMogul has filed an updated form 1-A for their MogulREIT I offering which was launched more than two years ago. A non traded REIT, MogulREIT I has an investment objective of generating passive income for investors. As the offering is issued using Reg A+ both… Read More

January 18, 2019 @ 5:19 pm By JD Alois  |  

According to a report from Mathieu George of Crowdlending.fr, the SME peer to peer lending market in France delivered decent growth during 2018. Overall, the market grew by 18% led by October – €59.6m (formerly known as Lendix) followed by Credit.fr – € 20.1m  and then… Read More

January 18, 2019 @ 10:43 am By JD Alois  |  

Horizon Globex, a security token offering (STO) software firm, has appointed Mark Elenowitz as President operating out of the firm’s New York City office. Globex is a blockchain based business specializing in Reg D and Reg S compliant tokenization of assets. Elenowitz is the co-founder of… Read More

January 18, 2019 @ 8:21 am By JD Alois  |  

Huobi Derivative Market (Huobi DM) reports that trading volume recently surpassed USD $20 billion. Huobi DM says that trading volume topped $10 billion during the first full month of operations. The company notes that trading growth comes at a time of slowing crypto activity. Huobi… Read More

January 18, 2019 @ 7:38 am By JD Alois  |  

Tandem Bank, a digital-first challenger bank, has announced a milestone of 500,000+ customers.  Tandem CEO, Ricky Knox, called 2018 a transformative year for the bank with a number of major product launches, investment, and incredible growth. “We’re ready for more of the same in 2019,” said… Read More

January 17, 2019 @ 10:49 pm By JD Alois  |  

The Institute for Fintech Research, Tsinghua University (THUIFR) has partnered with Ripple to launch the Blockchain Technology Research Scholarship Program (BRSP) for graduate students in China. Based on the academic and industrial research achievement accomplished by Fintech Lab since 2012,THUIFR  is jointly established by PBC… Read More

January 17, 2019 @ 3:47 pm By JD Alois  |  

Last month, CI covered the Cambridge Centre for Alternative Finance (CCAF) Americas Report. Overall, alternative finance grew 26% with the US dominating the sector as the largest market in the region. But digging into Latin America and the Caribbean (LAC), this market grew by a huge 94%… Read More

January 17, 2019 @ 2:31 pm By JD Alois  |  

AngelList, a leading online capital formation marketplace, has published a review platform performance for 2018, and according to the company “assets under management” not top $1 billion. AngelList became a vital variable in the shift to leveraging the internet to raise money online. In the… Read More

January 17, 2019 @ 11:09 am By JD Alois  |  

WealthForge has issued a statement saying they have topped $500 million in capital investment transactions during 2018. Overall, Wealthforge reports that since inception their service has surpassed $1 billion in transactions as of the end of December. WealthForge is a broker-dealer that uses technology solutions to streamline investment in alternative securities… Read More

January 17, 2019 @ 9:32 am By JD Alois  |  

Digital only bank Marcus continues to gain traction in both the US and the UK. During the Q4 earnings call by Goldman Sachs (NYSE: GS) yesterday, the management team shared some additional insight into the Fintech’s growth. Goldman, by the way, reported blowout numbers which… Read More

January 17, 2019 @ 6:52 am By JD Alois  |  

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, has added Fintech Raisin to their Marketplace. Raisin is an online service that enables savers to earn the highest interest rate possible in a current account regardless of geography. Temenos provides banking software to more… Read More

January 16, 2019 @ 11:23 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) is out with their policy goals for the incoming Congress. SBE Council is an entity that advocates on behalf of the sector of the economy (small business) that drives most job creation and economic growth. Thus, it… Read More

January 16, 2019 @ 11:35 am By JD Alois  |  

Aspencoin, a digital security associated with the St. Regis Aspen Resort, is migrating over to the Securitize platform. Aspencoin represents fractional equity ownership in the ski resort and has been promoted as the first of its kind. The Aspen Digital Token was distributed to investors… Read More

January 16, 2019 @ 9:07 am By JD Alois  |  

MicroVentures, an equity crowdfunding platform, has just announced the elimination of all fees associated with issuers using Regulation Crowdfunding (Reg CF). MicroVentures says “gone are the days of high commissions and equity compensation for funding portals.” A quick visit to their site and you may… Read More

January 16, 2019 @ 8:40 am By JD Alois  |  

CI has recently covered two European reports on the emerging crypto-asset or digital asset marketplace. Both the European Securities Markets Authority (ESMA) and the European Banking Authority (EBA) have had their say on what the European Commission should do. A few days later, the European… Read More