November 1, 2017 @ 11:43 am By JD Alois  |  

  Orchard Platform, a Fintech company that provides online lending data and insights, has formed a partnership with Bloomberg to make its content available to terminal subscribers. This is an important strategic shift for Orchard as it vastly scales its content and services to a… Read More

November 1, 2017 @ 11:30 am By JD Alois  |  

Patch of Land, a prominent real estate crowdfunding platform, has announced a major executive change. Paul Deitch, who has been CEO of Patch of Land since 2016, has stepped down from the role. According to Patch, Jason Fritton, co-founder and Chairman of the Board, will… Read More

November 1, 2017 @ 9:49 am By JD Alois  |  

A year ago today, the UK government launched a program that required banks to forward referrals of businesses that had been denied a loan. Nine of the UKs largest banks were compelled to share the info with Funding XChange, Business Finance Compared and Funding Options…. Read More

November 1, 2017 @ 8:19 am By JD Alois  |  

The University of Hong Kong has announced a new Massive Open Online Course (MOOC) entitled an Introduction to Fintech. The MOOC is expected to launch in March 2018. The new course on Fintech was revealed during Hong Kong’s second annual Fintech week event. The course… Read More

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

Innovate Finance has announced changes to its Board of Directors as well as an executive change. Justin Fitzpatrick, co-founder and COO of Duedil, will step down from his role as Non-Executive Director on 30th November 2017 after three years at Innovate Finance. Sue Hunter will… Read More

November 1, 2017 @ 6:33 am By JD Alois  |  

Draper Esprit (AIM: GROW, ESM: GRW), a venture capital group, has acquired Seedcamp I and II for £17.9 million. An interesting result of the transaction was the inclusion of a stake in Transferwise, a leading Fintech unicorn. The portfolio also includes a number of other… Read More

October 31, 2017 @ 10:22 pm By JD Alois  |  

Currency solutions platform, CurrencyVue has launched an integrated FX risk management platform in partnership with global payments and risk management provider AFEX. CurrencyVue helps businesses with international payments and FX hedging. Rather than focusing on the speed or cost of making transactions, CurrencyVue has taken… Read More

October 31, 2017 @ 5:00 pm By JD Alois  |  

Several years back while at LendIt Europe in London, I had the opportunity to sit down with Karen Mills a Senior Fellow at the Harvard Business School Harvard. Mills previously was a Cabinet Member during the Obama Administration from 2009 to 2013. At that time,… Read More

October 31, 2017 @ 1:59 pm By JD Alois  |  

  Hong Kong Fintech Week ended on October 27th. According to organizers, the main story emerging from the week long event is the fact that Hong Kong is very much a Fintech leader in Asia. Frequently compared to Singapore – regularly viewed as the leading… Read More

October 31, 2017 @ 10:54 am By JD Alois  |  

The CME Group has announced the launch of Bitcoin Futures, an event that should drive both liquidity and overall acceptance higher for the popular cryptocurrency. The launch is pending all regulatory requirements but expectations are this is a lock. This comes at a time when… Read More

October 31, 2017 @ 10:28 am By JD Alois  |  

Beauhurst has just released their Q3 Deal report and according to their numbers, equity investing in UK non-listed firms is on the rise. This is in contrast to a slowdown seen in the number of deals during 2016. According to the report, there were 397… Read More

October 31, 2017 @ 9:23 am By JD Alois  |  

Fitch has moved to upgrade ratings that impact assets originated on the Prosper marketplace lending platform. According to the rating agency, Fitch taken the following rating actions on two Citi Held for Asset Issuance trusts, which are backed by marketplace loans: CIiti Held for Asset Issuance… Read More

October 31, 2017 @ 9:01 am By JD Alois  |  

Equity crowdfunding platform Seedrs is looking to broaden its audience of potential investors with a new program designed to promote early stage investment opportunities to high net worth (HNW) / wealthy investors. The program targets financial intermediaries, such financial advisors, brokers and accountants and their… Read More

October 31, 2017 @ 7:43 am By JD Alois  |  

Singapore-based crowdfunding platform Crowd Genie has announced the launch of a provision fund entitled GenieShield. This new fund is geared towards providing investors better protection against delays and potential defaults in loan repayments. Crowd Genie reports the fund will be managed by a Singapore-registered Trust… Read More

October 31, 2017 @ 7:27 am By JD Alois  |  

Assetz Capital, a peer to peer lending platform that received full FCA authorization in September, has reported a profit bore the first 6 months of the fiscal year. Without providing specific details, Assetz Capital said they record a “seven figure pre-tax profit, in the period… Read More

October 30, 2017 @ 3:02 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has released an “industry transformation map” (ITM) for financial services. The graphic is a visual depiction of growth strategies designed to create a leading global financial centre. This “roadmap” highlights the importance of financial innovation or Fintech to the… Read More

October 30, 2017 @ 2:38 pm By JD Alois  |  

The UK Department of International Trade (DIT) says a number of UK Fintech experts will headline this year’s Intersekt Fintech Festival in Australia. DIT has partnered with the Collab+Collide Fintech Summit to further expand their Fintech networks. The UK is widely recognized as the global… Read More

October 30, 2017 @ 12:29 pm By JD Alois  |  

Following the blowout Initial Coin Offering (ICO) by Filecoin that raised an incredible $205 million, CoinList has partnered with Blockstack for its forthcoming token sale. CoinList was launched by the team behind AngelList and Protocol Labs. Recently, the funding platform announced a revamping as it… Read More

October 30, 2017 @ 11:06 am By JD Alois  |  

OurCrowd, a global investment crowdfunding platform, has created an innovation bridge connecting Israel and Australia / New Zealand. The comments come during the 100th anniversary of the liberation of Be’er Sheva by the Australia New Zealand Army Corp (ANZAC), and a visit to Israel by… Read More

October 30, 2017 @ 10:29 am By JD Alois  |  

Enerwhere, the “world’s first” distributed solar utility company, has become the region’s largest equity crowdfunding round. Listed on Eureeca, Enerwhere has already seen almost $700,000 committed. Eureeca is the first multi-regulated global Equity Crowdfunding platform based in MENA. Chris Thomas, Co-Founder and Co-CEO of Eureeca, commented; “The… Read More