May 11, 2018 @ 7:43 am By JD Alois  |  

Mintos, a European marketplace for  peer to peer loans, is a leader in Continental Europe with an estimated 39% market share. Today, Mintos has announced a significant next step by listing their first UK originator – thus expanding into the most robust P2P market in… Read More

May 11, 2018 @ 1:38 am By JD Alois  |  

BTC.com, a prominent platform for cryptocurrency users (that is affiliated with Bitmain), has announced the BTC.com mobile wallet will be the first cryptocurrency app released on Huawei’s AppGallery. The BTC wallet claims to have more than one million users, having processed USD$ 5 billion since… Read More

May 10, 2018 @ 9:04 pm By JD Alois  |  

Real estate crowdfunding continues to be a promising sector for both issuers of securities and investors in the space. It is an inevitability that property as an asset class will migrate to being available nearly 100% online. Easier for investors to participate and incredibly easier… Read More

May 10, 2018 @ 6:02 pm By JD Alois  |  

On May 4th, the government of Anguilla announced the “world’s first” blockchain token offering registration process for “utility tokens.” The Anguilla Utility Token Act or “AUTO Act,” is designed to facilitate clearly defined utility tokens that do not have a feature of a security. Anguilla… Read More

May 10, 2018 @ 5:35 pm By JD Alois  |  

In 2017, Knightscope, a robotics firm, raised $20 million on equity crowdfunding platform SeedInvest – their largest crowdfunding round to date.  Knightscope raised capital using Reg A+, an upated securities exemption that allows companies to raise up to $50 million from both accredited and non-accredited individuals…. Read More

May 10, 2018 @ 11:32 am By JD Alois  |  

An article in WSJ is reporting that Apple (NASDAQ:AAPL) has decided to partner up with Goldman Sachs (NYSE:GS) on a new joint credit card. Expected to launch early next year, the initiative is described as “a move that would deepen the technology giant’s push into… Read More

May 10, 2018 @ 9:31 am By JD Alois  |  

WENN Digital, the developer of the blockchain based KODAKOne Image Rights Management Platform, has announced that the offering of Simple Agreements for Future Tokens (SAFTs) and the underlying KODAKCoin Token will officially commence on May 21, 2018. The offering will be facilitated through Cointopia and managed… Read More

May 10, 2018 @ 9:01 am By JD Alois  |  

The North American Securities Administrators Association (NASAA) held a public policy roundtable this week in Washington, DC. One of the big topics of the gathering was “What the Rise of Cryptocurrency Means for Investor Protection.”  NASAA is the group that represents state and provincial regulators. These… Read More

May 9, 2018 @ 10:38 pm By JD Alois  |  

FinTech Australia is lauding the Aussie Government’s policy push regarding Open Banking. The advocacy group says the Australian decision has pushed back against big banks to open true banking reform by next year. “A government-backed Open Banking framework will be a game-changer for consumers and businesses,… Read More

May 9, 2018 @ 7:41 pm By JD Alois  |  

Digital Currency Dash CEO Ryan Taylor has been hacked. According to a statement released by Dash reps Taylor was the target of a concerted attack that impacted not just his Twitter account but LinkedIn and perhaps his cell phone too. Taylor released the following statement;… Read More

May 9, 2018 @ 1:18 pm By JD Alois  |  

Synereo, a company that is developing decentralized tech for content creation and distribution, has formed a partnership with Shanghia based Qiyi Culture, described as one of China’s top online content production companies. Qiyi Culture is said to have over 30 million viewers for single original… Read More

May 9, 2018 @ 8:30 am By JD Alois  |  

WorldFirst, a Fintech payment platform, is out with a report on UK SMEs. Their ninth quarterly Global Trade Barometer is putting a positive spin on the UK economy as smaller firms position themselves for the post Brexit reality. WorldFirst says more payments are beginning to… Read More

May 9, 2018 @ 7:59 am By JD Alois  |  

“Digital currency for humans” Merit has announced it has raised $1 million for their “world’s first invite only cryptocurrency.” Merit says they want to be a cryptocurrency for everyone – not just the rich. The goal is to create a community that is based on… Read More

May 9, 2018 @ 7:39 am By JD Alois  |  

  BriefCam, a tech firm that transforms raw video into actionable intelligence and OurCrowd portfolio company, has been acquired by Canon, Inc. a global leader in digital imaging solutions. According to information provided by the company, the addition of BriefCam to Canon’s Network Video Solutions… Read More

May 8, 2018 @ 10:47 pm By JD Alois  |  

OurCrowd, a global leader in equity crowdfunding, has further boosted its presence in Asia by forming a new partnership with Bangkok Bank (BBL), a leading bank in Thailand. Bangkok Bank is one of Southeast Asia’s leading regional banks and Thailand’s market leader in corporate and SME… Read More

May 8, 2018 @ 5:09 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has reported financial results for the first quarter ending March 31, 2018. According to the numbers, Overstock revenue: increased from the prior year quarter $445.3M vs. $432.4M (3% increase). Overstock reported the following Key Q1 2018 metrics comparing numbers to Q1 of 2017:… Read More

May 8, 2018 @ 4:44 pm By JD Alois  |  

LendingClub (NYSE: LC), the largest marketplace lending platform in the US, has just released their Q1 earnings report while providing guidance for the full year. According to LendingClub, revenue increased 22% to $151.7 for the quarter with originations growing 18%. Total lending has now topped… Read More

May 8, 2018 @ 4:27 pm By JD Alois  |  

Wefunder, an investment crowdfunding platform, has recently launched a results page that highlights the performance of securities sold on its platform.  When reviewing the 2013-2014 vintage, Wefunder investments top Venture Capital funds – by quite a lot. According to Wefunder, unrealized net gains for the… Read More

May 8, 2018 @ 12:34 pm By JD Alois  |  

“The regulator should be careful not to try to control the development of new technologies.” – Hester Peirce, SEC Commissioner SEC Commissioner Hester Peirce delivered a fascinating speech in LA today, addressing the challenges of innovation in the financial services sector while providing insight into… Read More

May 8, 2018 @ 10:33 am By JD Alois  |  

Orchard co-founder Matt Burton has emailed industry members stating the previously announced acquisition of his company by SME lender Kabbage has formally closed. The purchase had been rumored for weeks with an official announcement hitting the press at the end of April. Burton stated; “In… Read More