JD Alois

Sberbank, Russia’s Largest Bank, Announces Payment Solution

Sberbank and Telegram have announced the development of a new payment solution for partners using Telegram bots. The solution is described as allowing the acceptance of MasterCard, Visa and MIR card payments. The development also marks the first time Apple Pay and Android Pay can… Read More

SEC Updates on EDGAR Hack that Allowed Intruders to Trade on Non-Public Info

SEC Chairman Jay Clayton has provided an updated on the intrusion into EDGAR that occurred back in 2016. Additionally, the SEC Chair said the Commission would be strengthening its defenses agains future attempts to hack the SECs systems. The investigation has now determined that an… Read More

Proplend Tops £25 Million in Peer to Peer Property Lending with Zero Losses to Date

Proplend, a UK based peer to peer lender in the property space, has now topped £25 million in online lending. Proplend revealed the accomplishment in a recent blog post where it also shared it has been shortlisted for the Best Peer to Peer Lender for… Read More

Research Indicates that Rewards Crowdfunding Campaigns Should NOT Claim to be Both Novel & Useful

Research has recently been published that includes an interesting perspective on the rewards or pre-sale crowdfunding space. The report cautions campaign creators on what they should, or should not claim, in launching a project. According to the research, Kickstarter campaign creators must take note: pre-sale… Read More

Zopa Gets Bricks & Mortar Presence in Partnership with Saffron Building Society

Zopa, the largest peer to peer consumer lending platform in the UK, has revealed a new partnership with Saffron Building Society that will deliver a physical presence for the online lender. The new partnership was announced today with Zopa CEO Jaidev Janardan commenting; “The partnership… Read More

Mindful Chef Overfunding on Crowdcube at £1.27 Million

Mindful Chef has provided an update on their ongoing crowdfunding campaign on Crowdcube. Launched late last month, Mindful Chef sought £1 million for an equity stake of 15.36% at a pre-money valuation of £7 million. Today, the offer has raised £1.27 million backed by 427… Read More

ThinCats / ESF Adds £200 Million in Funding to Support UK SMEs

  ESF Capital, along with its operating subsidiary ThinCats – a secured peer to peer lending platform, reports it has concluded a funding program for loans of up to £5m for growing UK small and medium-sized enterprises (SMEs). The new £200 million funding program comprises… Read More

Property Crowdfunding Site Property Moose Appoints Senior Bankers to Board of Directors

Property Moose, (aka DFI Financial Services Limited) has appointed two senior finance professionals to its Board of Directors. The property crowdfunding site has added Richard Avery-Wright and Tim Parkes to the Board following a recent investment round, in which they both participated. Parkes previously was… Read More

What’s Going on with Cannabis & Equity Crowdfunding?

When equity crowdfunding rules went into effect in the USA there was a lot of excitement in the emerging Cannabis industry.  There are plenty of predictions as to how big this industry could grow. Recent law changes in multiple states regarding recreational and medical use… Read More

Colony Pulls ICO as it Fears Token will be Deemed a Security by SEC

Colony and its forthcoming Initial Coin Offering has been shelved, at least for the time being. In an interesting blog post regarding the Colony token sale, co-founder Jack du Rose shares an intriguing internal discussion as to why he and his team decided to pull… Read More

Robo-Advisor Blooom Now Has $1 Billion in Assets Under Management

Robo-Advisor Blooom now manages over $1 billion of retirement accounts for their clients, according to the company blog. Blooom was started in 2013 to “help the traditionally un-helped”. The platform explains that “Wall Street has made a habit of running in the opposite direction of investors with… Read More

Comment on Recent Regulatory Moves by South Korea & Switzerland Regarding ICOs

Just about every week we have been hearing about regulators in one country or another curtailing Initial Coin Offerings or simply banning them outright. China, perhaps taking the most extreme action, simply banned cryptocurrency exchanges and ICOs effectively crushing the nascent market domestically. Last week… Read More

Israel: 17 Crowdfunded Companies Have Made an Exit, OurCrowd Leads with 88% of Exits

Equity crowdfunding is a global phenomenon, yes one platform stands above the rest in taking a global approach, unconstrained by national borders. OurCrowd, a crowdfunding platform that invests in every single offer listed on its site, is Israel-based but investors from around the world gain… Read More

HireMatch Launches pre-ICO Sale of HIRE Tokens

HireMatch, a startup targeting the recruitment process with a decentralized application (DApp) designed to eliminate the friction and costs of third party intermediaries like expensive recruiters, has launched their pre-sale of HIRE Tokens. The Initial Coin Offering (ICO) kicked off today with a fixed supply… Read More

Peer to Peer Lender Beehive Raises $5 Million Series A

  Beehive, based in Dubai and MENA’s leading peer to peer lending platform, has raised $5 million in funding as part of a Series A round led by Riyad TAQNIA Fund along with participation by the Mohammed Bin Rashid Fund (MBRF), the financial arm of… Read More

Totally Bogus ICO Shut Down by SEC. RECoin Tokens Never Existed as SEC Claims Fraud.

The Enforcement Division of the Securities and Exchange Commission (SEC) has shut down an Initial Coin Offering (ICO) that claimed to allow investors to participate in an offer backed by diamonds and real estate. The SEC has charged REcoin Group Foundation, DRC World, Diamond Reserve Club, and Maksim… Read More

BitClave Partners with Bancor on Smart Tokens

BitClave has announced a new partnership with Bancor to use Smart Tokens across the BitClave Active Search Ecosystem (BASE). BitClave reports it has joined the Bancor network and will become a member of its protocol family. The Consumer Activity Token (CAT) will be using the… Read More

NYSE Arca Yanks Application to List Bitcoin Investment Trust

NYSE Arca has withdrawn the application that was pending before the Securities and Exchange Commission seeking approval to list shares of the Bitcoin Investment Trust. Grayscale Investments, LLC, is the sponsor of the Trust that currently trades on OTC Markets (OTCQX:GBTC). Grayscale said that earlier this… Read More

CEO of Blockchain Tech Company DigitalX Comments on ASIC’s Position on ICOs

Earlier this week, the Australian Securities and Investment Commission (ASIC) came out with a statement on the emerging Initial Coin Offering (ICO) market that clarified its perspective on tokenized crowdfunding offers. Australia is a country that has been very aggressive in establishing itself as a… Read More

Round 2: Med-X Returns to StartEngine to Crowdfund Using Reg A+

Med-X, a Cannabis related business, has returned to StartEngine with a crowdfunding offer using Reg A+. Med-X was previously listed on StartEngine in 2016 but the offer was pulled from the crowdfunding platform when the company failed to file necessary documents with the Securities and… Read More

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