August 27, 2017 @ 6:00 pm By JD Alois  |  

Investment crowdfunding platform Equitise has launched a self-crowdfunding round on its own platform. Opened only for wholesale and sophisticated investors, during the next four weeks Equitise is seeking A$ 1.25 million for platform growth. The company states that A$250,000 is already being underwritten by an… Read More

August 27, 2017 @ 4:26 pm By JD Alois  |  

Online investment advisor Ellevest has raised $32,458,913 million according to a Form D filed with the SEC. The document was signed and submitted last week indicating that $2,180,015 is remaining to be sold (if you are interested). To date, Ellevest has now raised $51 million in… Read More

August 26, 2017 @ 1:39 pm By JD Alois  |  

We all know that Floyd Mayweather stands to make a killing in his fight with the 29 year old mixed martial arts pro Conor McGregor. But will he make a “$hit T$n” of money in this upcoming Initial Coin Offering? The Mayweather – McGregor fight… Read More

August 26, 2017 @ 10:31 am By JD Alois  |  

Blend has landed a significant funding round to the tune of $100 million. The funding was led by Greylock Partners with participation by Emergence Capital. Existing investors joined in the round as well. Blend partners with lenders to provide a fast and simple borrowing process… Read More

August 26, 2017 @ 9:32 am By JD Alois  |  

Protocol labs has filed two Form D’s with the Securities and Exchange Commission (SEC) pertaining to their ongoing Initial Coin Offering listed (ICO) on CoinList. The ICO is for the issuance of their FileCoin Token and their distributed data storage network. Filecoin stands at over… Read More

August 25, 2017 @ 5:05 pm By JD Alois  |  

Recently, Crowdfund Insider published an article about Marqeta signing a partnership with Visa on payments and loans. The marriage is designed boost innovations in commercial and consumer payments and online lending. Visa also made a strategic investment in Marqeta at that time to the tune… Read More

August 25, 2017 @ 4:06 pm By JD Alois  |  

LendingClub (NYSE:LC) has been hit with a lawsuit that names former CEO Renaud Laplanche alongside current and former board members and former CFO Carrie Dolan. The complaint, filed in the Court of Chancery in Delaware, states; “Throughout the period December 11, 2014 and continuing through… Read More

August 25, 2017 @ 2:44 pm By JD Alois  |  

S&P Global Market Intelligence is out with a report questioning three emerging Insurtech platforms. The report states that profitability is elusive for these startups. Mentioning specifically Lemonade, Metromile, and Root Insurance, S&P says that each reported overall net losses in the second quarter, as incurred losses… Read More

August 25, 2017 @ 11:41 am By JD Alois  |  

KyberNetwork may be poised for a strong showing in their forthcoming Initial Coin Offering (ICO). According to a report from the company, KyberNetwork has received over 50,000 applications for their “ICO whitelist” in advance of the investment offer. It is interesting to note that KyberNetwork… Read More

August 25, 2017 @ 10:19 am By JD Alois  |  

The board of directors of Monitise plc (AIM:MONI) has approved the acquisition of the company by Fiserv (NASDAQ: FISV). The cash offer will see shareholders receiving 3.1 pence per share as soon as practical and no later than 14 days after the effective date. Fiserv has created a section on their… Read More

August 25, 2017 @ 9:47 am By JD Alois  |  

Multiple government agencies in Singapore have come together in a Request for Information (RFI) on electronic payments. The initiative is part of a national drive towards fostering an electronic payment society in Singapore. The National Environment Agency (NEA), Housing & Development Board (HDB), Monetary Authority… Read More

August 25, 2017 @ 8:51 am By JD Alois  |  

ONE, the German Insurtech company, has thrown down the gauntlet claiming they will outgrow US based Lemonade in service growth.  Lemonade is one of the highest profile Insurtech platforms that is doggedly rolling out across the US. Starting first with homeowners / renters insurance, Lemonade… Read More

August 25, 2017 @ 2:00 am By JD Alois  |  

The 2017 shortlist of academic entrepreneurs for Scotland’s company creation competition has been announced today. The nominees represent 12 Scottish universities from across the country and 44% of this year’s finalists are female showing increased female participation versus year prior. Converge Challenge is Scotland’s leading… Read More

August 24, 2017 @ 10:45 pm By JD Alois  |  

Legion M, a fan-owned entertainment company, says it has extended the deadline for their second round of funding until Sept. 2, 2017. The company said it was adding an additional week to accommodate demand from fans. According to the campaign page on Wefunder, Legion M… Read More

August 24, 2017 @ 10:32 pm By JD Alois  |  

The United Kingdom has been leading the Euro-pack when it comes to Fintech investment for many years. A combination of a robust early stage funding ecosystem and a regulatory environment that has embraced disruption (and competition) in financial services have been vital catalysts. But what… Read More

August 24, 2017 @ 2:29 pm By JD Alois  |  

StartEngine Hops Aboard the ICO Freight Train. StartEngine is one of the more active investment crowdfunding platforms in the United States. A full stack crowdfunding platform, StartEngine offers securities under Reg CF, Reg A+ and Reg D (506c). StartEngine seeks to cater to early stage… Read More

August 24, 2017 @ 10:52 am By JD Alois  |  

The Future of Banking is Blockchain and Hero Wants to be the One Hero, part of the PawnHero online lending platform, is preparing an Initial Coin Offering (ICO). You may read the white paper in English here.  PawnHero is an already successful secured lending platform… Read More

August 24, 2017 @ 8:52 am By JD Alois  |  

Suretly quickly topped its minimum funding goal of $1.5 million in its Initial Coin Offering (ICO) and now stands at over $2.9 million. The service descirbes itself as Tinder for Loans and is an online exchange for micro-loan guarantees. SUR tokens issued by the company will… Read More

August 24, 2017 @ 7:21 am By JD Alois  |  

Assetz Capital, a UK based peer-to-peer lending platform, has announced another milestone. Today the platform has shared that investors in aggregate have earned gross returns of more than £25 million on their investments in approximately four years. Assetz Capital says lenders earned an average of… Read More

August 24, 2017 @ 6:35 am By JD Alois  |  

  LATTICE80, a Singapore based non profit Fintech hub backed by Marvelstone Group, has signed a Memorandum of Understanding (MOU) with FINOLAB in Japan to mutually boost their Fintech ecosystems and global networks. Marvelstone is a global VC group based in Singapore. LATTICE80 is said… Read More