November 8, 2017 @ 8:29 am By JD Alois  |  

Parcel2Go, described as the UK’s largest parcel delivery comparison website, is crowdfunding on Crowdcube to raise a minimum of £500,000.  The offer is said to be part of a wider fundraising program, and, after giving an exclusive early registration period to Parcel2Go customers over the… Read More

November 8, 2017 @ 3:00 am By JD Alois  |  

Digital only challenger bank Revolut is rattling the cage of old finance once again by filing for a European Banking License. The Fintech firm has shared that their application is expected to be approved by the first half of 2018 as it pursues its mission… Read More

November 7, 2017 @ 10:33 pm By JD Alois  |  

One of the fastest growing Fintech’s in China has raised USD $220 million. WeLab, a Hong Kong-based mobile lending platform founded in 2013, has closed funding round of $220 million including both strategic debt and equity funding with the backing of Alibaba Hong Kong Entrepreneurs Fund,… Read More

November 7, 2017 @ 4:20 pm By JD Alois  |  

LendingClub (NYSE:LC), the largest marketplace lending platform in the United States, has published Q3 2017 financial results. The company delivered the best revenue in LendingClub’s history generating $154 million in top line revenue, an increase of 34% versus year prior and 10% over Q2 2017…. Read More

November 7, 2017 @ 3:08 pm By JD Alois  |  

The New Zealand Financial Markets Authority (FMA) is out with a statement on both cryptocurrencies and Initial Coin Offerings (ICO). New Zealand, a relatively small country that has been fairly supportive of Fintech, stated it wants to “facilitate responsible innovation, and ensure that the regulatory… Read More

November 7, 2017 @ 2:20 pm By JD Alois  |  

Recently someone forwarded a copy of the Tezos Terms of Allocation regarding their spectacularly successful Initial Coin Offering (ICO). To update anyone that has not followed the odyssey of the high profile ICO, Tezos – a self amending cryptographic ledger”, raised $232 million this past… Read More

November 7, 2017 @ 9:56 am By JD Alois  |  

  Parity wallet has announced a critical security alert regarding a vulnerability in the Parity Wallet library contract of the standard multi-sig contracts. Affected users are said to include individuals with assets in a multi-sig wallet created in Parity Wallet that was deployed after 20th… Read More

November 7, 2017 @ 8:15 am By JD Alois  |  

Brauhaus am Turm GmbH, a wholly owned subsidiary of the Japanese noodle restaurant MoschMosch, is now collecting up to €500,000 euros through a crowdfunding website operated by CrowdDesk for the opening of a brewery at the newly-built Henninger Turm in Frankfurt am Main. “The Brauhaus… Read More

November 7, 2017 @ 1:59 am By JD Alois  |  

The European Commission has published an Inception Impact Assessment that pitches a legislative proposal for an EU framework for crowdfunding including peer to peer lending. The initiative is accepting feedback from interested parties until November 27, 2017. The expectation is the Commission will create a… Read More

November 6, 2017 @ 4:01 pm By JD Alois  |  

We wrote about Daplie last year when the company decided to launch a side-by-side rewards/investment offer on both Indiegogo and Wefunder. Now Daplie is back on Wefunder looking to raise additional money. The Daplie offer on Indiegogo raised $682,000 and is now using In-Demand. The… Read More

November 6, 2017 @ 2:55 pm By JD Alois  |  

Fincera (OTCQB:YUANF) , a China based peer to peer online lender targeting small and medium-sized businesses and individuals in China, has announced that its Board of Directors has approved a 2 for 1 stock split of the Fincera’s outstanding shares of common stock in the… Read More

November 6, 2017 @ 1:13 pm By JD Alois  |  

The Australian Securities and Investments Commission (ASIC) has inked an agreement with the China Securities Regulatory Commission (CSRC) to cross promote Fintech firms in their respective markets. Australia has targeted Fintech as strategic for their economy. China is the largest Fintech market in the world…. Read More

November 6, 2017 @ 12:00 pm By JD Alois  |  

iComplyICO  or “iComply Investor Services Inc.”, a Regtech platform that seeks to automate compliance procedures for initial coin offerings (ICOs), has announced that William “Bill” Schumacher has joined its advisory council. Schumacher, now retired, spent over 30 years in the securities industry, 24 of which… Read More

November 6, 2017 @ 8:30 am By JD Alois  |  

The Initial Coin Offering (ICO) market has experienced hockey stick like growth as all types of companies have rushed to leverage the new approach to crowdfunding growth capital. It is estimated that over $3 billion has been raised via ICOs – a concept that did… Read More

November 6, 2017 @ 8:15 am By JD Alois  |  

HR 3903 or the “Encouraging Public Offerings Act of 2017″ may boost the moribund Initial Public Offering (IPO) market in the US. Passed by the US House of Representatives last week by a solid bipartisan vote of 419 to 0, the bill has three provisions designed… Read More

November 6, 2017 @ 7:28 am By JD Alois  |  

Securities Commission Malaysia (SC) says it continues to lead digital innovation in finance with significant progress reported on major Fintech markets initiatives. At its flagship Fintech event, SCxSC Digital Finance Conference 2017, SC Chairman Tan Sri Ranjit Ajit Singh in his speech delivered to attendees… Read More

November 5, 2017 @ 4:51 pm By JD Alois  |  

CoinList has announced their second Initial Coin Offering (ICO), Blockstack, is now open for registration. If you are interested in participating in this investment opportunity, you must register by November 10th to guarantee your allocation. After November 13th, allocations will be distributed on a first… Read More

November 5, 2017 @ 3:53 pm By JD Alois  |  

Alistair Milne, a crypto guru who runs the Altana Digital Currency Fund, put together a google doc that indicates robust interest in cryptocurrency following the announcement by the CME Group it would launch Bitcoin Futures in Q4 of 2017. The CME Group, the largest derivatives… Read More

November 5, 2017 @ 9:33 am By JD Alois  |  

OurCrowd portfolio company Argus Cyber Security was acquired by Continental in order to “enhance its capabilities in automotive cyber security.”  OurCrowd is one of the largest investment crowdfunding platforms in the world. Argus claims to be the global leader in automotive cyber security with customers that… Read More

November 4, 2017 @ 7:16 pm By JD Alois  |  

Crowdfund Insider reported last month about the RECoin Initial Coin Offering (ICO) that promised tokens backed by real estate that did not really exist. Maksim Zaslavskiy, the alleged mastermind behind a fraud launched from a series of companies including RECoin Group Foundation, DRC World and Diamond… Read More