August 18, 2017 @ 9:49 am By JD Alois  |  

Earlier this month the Office of Comptroller of the Currency (OCC) fired off a counter salvo in the legal battle regarding the OCC Fintech Charter. The Conference of State Bank Supervisors (CSBS) launched an attack against the OCC this past spring. Many Fintech industry participants… Read More

August 18, 2017 @ 7:51 am By JD Alois  |  

German Investment crowdfunding platform Aescuvest has recently listed an offer to invest in Rodos Biotarget GmbH. The company has reportedly developed a platform technology under the name TargoSphere, which allows the targeted transport of active substances with “nanotransporters”.  These nanotransporters. Rodos Biotarget is emblematic of the… Read More

August 17, 2017 @ 11:17 pm By JD Alois  |  

Singapore has worked hard to gain, and retain, the crown of Asian Fintech Hub and you can guarantee it won’t give it up without a fight. There are several countries that are in the race. Recently both Australia and Hong Kong have staked a claim… Read More

August 17, 2017 @ 3:45 pm By JD Alois  |  

DreamFunded Real Estate has launched its first real estate investment opportunity under Reg CF. DreamFunded is a FINRA approved crowdfunding platform that may offer securities the newest crowdfunding exemption. This iteration of crowdfunding allows any investor access to these opportunities – not just wealthier, accredited… Read More

August 17, 2017 @ 3:05 pm By JD Alois  |  

A Defining Moment for the Crowdfunding Industry as Offer Mirrors Small Cap IPOs of the Past Chicken Soup for the Soul Entertainment (CSS Entertainment) is reporting that its Reg A+ crowdfunding offer has closed at the top end of its range having raised $30 million… Read More

August 17, 2017 @ 3:30 am By JD Alois  |  

I guess I should not have been surprised when this one popped into my inbox. Today, a representative of BetDSI,  a wagering platform based in Costa Rica, shot over a note they were taking odds on the year end price of Bitcoin and Ethereum.  Yes,… Read More

August 16, 2017 @ 3:33 pm By JD Alois  |  

Some times the wheels of justice move slowly. And sometimes the documentation associated with these wheels lag as well. File this one under recently discovered. The Securities and Exchange Commission released, this past June, the Agreed Final Judgement regarding the case of the Ascenergy crowdfunding… Read More

August 16, 2017 @ 2:57 pm By JD Alois  |  

Chicken Soup for the Soul Entertainment has reportedly fully subscribed their Reg A+ crowdfunding offer and will trade on NASDAQ August 18th under ticker symbol CSSE.  Chicken Soup will join a small group of issuers that have leveraged the updated securities exemption to raise growth… Read More

August 16, 2017 @ 10:32 am By JD Alois  |  

Last month, the European Commission, Financial Stability, Financial Services and Capital Markets division, launched a consultation on non-performing loans being held by banks. The Commission is seeking feedback on the development of secondary markets for distressed debt. Policymakers view this as essential in tackling the… Read More

August 16, 2017 @ 9:35 am By JD Alois  |  

Former Wells Fargo digital marketing executive Alan Gellman has joined multi-lender marketplace Credible as Chief Marketing Officer. Most recently, Gellman was Esurance CMO and will now be Credible’s first CMO. While at Esurance, a self-directed insurance platform, Gellman was named one of “The 50 Most Innovative… Read More

August 16, 2017 @ 8:44 am By JD Alois  |  

This is interesting. Nesta, the UK based non-profit foundation that focuses on innovation, believes the UK should work towards creating a cross border equity crowdfunding alliance with China. The UK has been the clear leader in online capital formation since the early days. While the… Read More

August 15, 2017 @ 10:47 pm By JD Alois  |  

ONE (part of the Wefox Group) wants to change the way the world uses and purchases insurance and apparently the company is going to launch in September.  Starting in Europe, ONE, the newest Insurtech startup, says it will reinvent insurance many different ways. The insurance… Read More

August 15, 2017 @ 5:15 pm By JD Alois  |  

SeedInvest has partnered once again with Jason Calacanis and his forthcoming LAUNCH Scale event to provide live crowdfunding. This is the second time SeedInvest has powered live crowdfunding for Calacanis.  In the spring of this year, SeedInvest partnered on LAUNCH Festival and helped to raise… Read More

August 15, 2017 @ 3:06 pm By JD Alois  |  

iFunding, a real estate crowdfunding platform, is insolvent according to several sources. In recent days, information has cropped up that investors have been left holding the remains of the company that included properties with an estimated value of $20 million. One individual estimated the number… Read More

August 15, 2017 @ 10:35 am By JD Alois  |  

Judd Hollas, former CEO of EquityNet and co-founder of the platform, has joined NewChip, a startup in the investment crowdfunding space. Hollas resigned from EquityNet, an investment listing platform, in August of 2015. Hollas was replaced by investor James Murphy who remains the CEO of the… Read More

August 15, 2017 @ 10:16 am By JD Alois  |  

4thWay, a peer to peer lending comparison platform, is out with a note that cautions users on the utilization of six money comparison websites stating they display “wildly inaccurate information about peer-to-peer lending.” Neil Faulkner, co-founder and managing director of 4thWay, commented on the report; “When… Read More

August 15, 2017 @ 8:57 am By JD Alois  |  

Singapore based Funding Societies has become the first peer-to-peer lending platform to become a member of the International Association of Credit Portfolio Managers (IACPM), a prestigious forum for credit risk management. Funding Societies also reported that risk expert Terry Tse has joined the online lender’s… Read More

August 15, 2017 @ 8:19 am By JD Alois  |  

If you were thinking about applying to compete in Richard Branson’s Extreme Tech Challenge (XTC) and have not yet applied you have some good news. The deadline has been extended until August 31st. The Extreme Tech Challenge is a celebration of entrepreneurship and competition –… Read More

August 15, 2017 @ 8:07 am By JD Alois  |  

Peer to peer lender ThinCats has facilitated a £2.4 million loan for the Academy of Contemporary Music (ACM) as part of a growth initiative by the Academy. Founded in 1997 to provide higher education courses for students in the contemporary music and arts arena, ACM… Read More

August 14, 2017 @ 10:11 pm By JD Alois  |  

Hong Kong based SuperCharger, a Fintech accelerator program, has expanded its footprint into Malaysia. SuperCharger has partnered up with Standard Chartered, Allianz and Malaysia Digital Economy Corporation to launch their 12 week program in Kuala Lumpur. SuperCharger is accepting applicants now with a deadline of… Read More