January 3, 2018 @ 7:45 am By JD Alois  |  

Folk2Folk, a unique peer to peer lending platform that combines physical locations with an online platform matching investors with small business loans, has announced the appointment of Giles Cross  Chief Executive Officer (CEO). Cross takes over the position from Jane Dumeresque who announced her resignation… Read More

January 2, 2018 @ 11:01 pm By JD Alois  |  

Filecoin, one of the largest initial coin offerings ever, has distributed a significant update on platform process since raising over $200 million on CoinList last fall. Having raised such an incredible sum means Filecoin has a big war chest with which to develop their vision of… Read More

January 2, 2018 @ 10:27 pm By JD Alois  |  

The Gibraltar Financial Services Commission (GFSC) has announced that its Blockchain, or Distributed Ledger Technology (DLT), is in effect as of January 1, 2018. Firms using Blockchain to transmit or store value, regardless of the service, must be licensed by the GFSC. Nicky Gomez, Head… Read More

January 2, 2018 @ 2:00 pm By JD Alois  |  

Peter Thiel, via his Founders Fund, has apparently made an sizable bet on the rising value of Bitcoin.  According to a report in WSJ, Thiel gambled on BTC some time ago buying up to $20 million worth of the cryptocurrency. That investment has since grown… Read More

January 2, 2018 @ 1:23 pm By JD Alois  |  

Seedrs is a trailblazer in the crowdfunding world. The UK was the first market to craft a regulatory regime that truly facilitated online capital formation for startups, scale ups, and more mature companies. The ecosystem has evolved to a point where crowdfunding is becoming the… Read More

January 2, 2018 @ 9:44 am By JD Alois  |  

The US healthcare system is a mess on many levels. Yes, health insurance costs too much and prices are going up while quality of care declines. But there are other areas of healthcare that are in need of a serious update. Record management is one… Read More

January 2, 2018 @ 8:19 am By JD Alois  |  

NextSeed, a Reg CF crowdfunding platform that focuses solely on providing debt based financing for small business, has provided a brief report on 2017 progress. NextSeed launched as a Texas intrastate platform but migrated over to Reg CF only in May of 2016 when the… Read More

January 2, 2018 @ 7:29 am By JD Alois  |  

Funding Circle, a UK based peer to peer lender, is reportedly planning an initial public offering (IPO) for 2018. The news of the new listing is courtesy of SkyNews that reports Funding Circle will begin meeting with investment banks during Q1 of 2018 as they… Read More

January 1, 2018 @ 7:25 pm By JD Alois  |  

2018 is here and 2017 is in the rear view mirror getting smaller by the minute. In the world of Fintech, the past twelve months have been momentous as new innovations in finance have risen in prominence while others, once promising, have waned. So what… Read More

January 1, 2018 @ 11:13 am By JD Alois  |  

The Telegraph is reporting that the Bank of England may have a bespoke cryptocurrency in its sights for 2018. The UK Britcoin, if created, would be a revolutionary shift for the entire banking industry and an innovative leap for the world’s second oldest central bank…. Read More

December 31, 2017 @ 9:28 pm By JD Alois  |  

Last month, we visited the roster of FINRA approved Reg CF funding portals which stood at 34. Today, that number has increased by 2 so now it stands at 36 in total. Last week, we discussed the three Reg CF platforms that departed this segment… Read More

December 31, 2017 @ 3:18 pm By JD Alois  |  

TechFinancials (AIM:TECH), a technology provider to trading brokers, has entered into a share purchase agreement (SPA) with Cedex Holdings.  According to the announcement, the SPA seeks TechFinancials making an equity investment of $200,000 with a post money valuation of $10 million. This represents 2% of… Read More

December 31, 2017 @ 2:59 pm By JD Alois  |  

Wings Foundation has created a new arrangement with Aurora Labs S.A. According to the terms of this engagement all ICOs participating in the Wings crowd evaluation process will be listed on Aurora’s decentralized exchange, IDEX , immediately after launch. Wings Foundation is based in Switzerland and and… Read More

December 31, 2017 @ 1:52 pm By JD Alois  |  

StartEngine, a leading US based investment crowdfunding platform, has shared some stats regarding 2017 progress. According to the site, StartEngine saw its user base double in 2017 (without providing explicit numbers). Total crowdfunding volume topped $26 million with 87% of listed campaigns hitting their investment… Read More

December 30, 2017 @ 8:53 am By JD Alois  |  

Pavel Lerner is reportedly healthy and safe after kidnappers released him following an abduction in Kiev, Ukraine on December 26th. As previously reported, Lerner, who is listed as the CEO of cryptocurrency exchange Exmo on his LinkedIn profile, was approached by men with machine guns… Read More

December 29, 2017 @ 2:06 pm By JD Alois  |  

The European Commission recently launched a competition seeking new Blockchain tech creating solutions for positive social change. The new Horizon Prize is called “Blockchains for Social Good” and the competition will see €5 Million handed out in increments of € 1 million for five different recipients…. Read More

December 29, 2017 @ 12:33 pm By JD Alois  |  

The Taiwan legislature has passed legislation that will create a regulatory Fintech Sandbox in a move designed to keep the country up to date on the fast changing financial services industry. Inspired by the UK Fintech Sandbox, the law hopes to stop Fintech firms from… Read More

December 29, 2017 @ 9:01 am By JD Alois  |  

Exmo, a top cryptocurrency exchange, has had its CEO Pavel Lerner kidnapped, according to a report in the BBC. The article states that Lerner was leaving his office in Kiev, Ukraine on December 26th when he was “dragged into a black Mercedes-Benz by men wearing balaclavas.”… Read More

December 28, 2017 @ 5:23 pm By JD Alois  |  

EU Vice-President Valdis Dombrovskis, whose portfolio includes Financial Stability, Financial Services and Capital Markets Union, spoke to the FT this week advocating on behalf of a pan-European Fintech license. Dombrovskis is quoted in the broadsheet lamenting excessive bureaucratic barriers that challenge Europe today; “Europe is certainly… Read More

December 28, 2017 @ 12:00 pm By JD Alois  |  

Darren Marble is CEO and founder of CrowdfundX – a firm that provides a modern spin on financial marketing for the new world of Fintech and online capital formation. Early on, Marble recognized the potential of Reg A+ crowdfunding in the US, as created by Title… Read More