August 10, 2017 @ 2:45 pm By JD Alois  |  

NSR Invest and LendingRobot, the most prominent platforms providing Registered Investment Advisor (RIA) services in the alternative lending space, have joined forces to create the leading platform in this sector. Lend Core LLC, the parent company of NSR Invest, has acquired Algorithmic, Inc. and all its… Read More

August 10, 2017 @ 1:41 pm By JD Alois  |  

Berlin based Billie will now offer SME invoice financing following an agreement inked with Wirecard. Billie will offer SMEs and freelancers the opportunity to pre-finance their invoices by purchasing all liabilities from third parties and settling the outstanding amount. Wirecard, a supplier of digital payment solutions,… Read More

August 10, 2017 @ 11:03 am By JD Alois  |  

  The Central Bank of Bahrain (CBB) has released regulations for debt based crowdfunding. Rules apply to both Shari’a compliant and conventional investments. It is expected that equity-based crowdfunding regulations will be announced later this month. The CBB announced that for the first time it will… Read More

August 10, 2017 @ 9:08 am By JD Alois  |  

The Monetary Authority of Singapor (MAS), along with the Commercial Affairs Department (CAD) have published a warning to consumers regarding Initial Coin Offerings (ICOs) or Token Offers and other investment schemes involving digital coins. The ICO market and affiliated Token Offerings has risen rapidly catching… Read More

August 10, 2017 @ 8:44 am By JD Alois  |  

Robo.Cash, an automated peer to peer lending platform with a buyback guarantee, reports that July was a solid month for the online lender as investments jumped 30%. The young platform was launched in February.  In the first half of the year, Robo.Cash says that over… Read More

August 10, 2017 @ 7:37 am By JD Alois  |  

There has been an executive change at on the leading investment crowdfunding platforms in the UK. Seedrs has announced that Jeff Kelisky, formerly COO at Seedrs, has been promoted as the Chief Executive Officer of the company. Jeff Lynn, co-founder of the company, will step… Read More

August 10, 2017 @ 7:04 am By JD Alois  |  

LendInvest, a leading online platform for property lending and investing, has listed a £50 million retail bond on the London Stock Exchange under ticker “LIV1“. LendInvest reports the bond offer was oversubscribed and closed early due to solid demand from both retail and institutional investors. LendInvest… Read More

August 9, 2017 @ 9:58 pm By JD Alois  |  

Omega One has been selected as the winner of the Lang Di Fintech PitchIt competition that took place in Shanghai on July 16. PitchIt was created in partnership with JadeValue, Shanghai’s co-working and incubation space. Lang Di Fintech is the China version of the roving LendIt conference series. Omega One… Read More

August 9, 2017 @ 3:58 pm By JD Alois  |  

Last month PwC and the Crowdfunding Center partnered on a report regarding women and crowdfunding. Referencing data collected by the Crowdfunding Center that analyzed 450,000 rewards based crowdfunding campaigns, the document entitled “Women Unbound: Crowdfunding – Unleashing Female Entrepreneurial Potential,” showed that women-led campaigns reached their… Read More

August 9, 2017 @ 2:33 pm By JD Alois  |  

  iFunding, a real estate crowdfunding platform, is getting hammered on Bigger Pockets – a real estate investment forum. iFunding has had a choppy operational history at best. The platform has been peppered with high profile partnerships and then departures. Two unrelated lawsuits, in which… Read More

August 9, 2017 @ 12:02 pm By JD Alois  |  

B2B communications and collaboration platform Okappy has successfully raised £250,000 in a crowdfunding campaign on AngelsDen. The company had sought a minimum raise of £250,000 and a max raise of £500,000 This is the second crowdfunding round for Okappy. The company applies social and market network technology… Read More

August 9, 2017 @ 10:36 am By JD Alois  |  

Fig, a unique investment crowdfunding platform that provides returns to investors that back video game projects, has announced that it has delivered “first ever” investment returns to backers.  According to Fig, accredited investors (under Title II of the JOBS Act or Reg D 506c) who… Read More

August 9, 2017 @ 9:17 am By JD Alois  |  

This is an interesting twist in the digital only challenger bank space, Tandem, one of the leading online banks, announced it will acquire 100% of Harrods Bank.  If the deal is approved by regulators, this will bring £80 million of capital into the combined business…. Read More

August 9, 2017 @ 8:39 am By JD Alois  |  

Defenx (AIM:DFX), an AIM listed cyber-security group, is issuing up to £2 million of convertible bonds using alternative finance platform UK Bond Network. UK Bond Network announced it had already arranged for £1.25 million to be underwritten. The bond will be convertible into ordinary shares at… Read More

August 8, 2017 @ 11:42 pm By JD Alois  |  

Following an appearance on Shark Tank back in 2014, Sara Margulis’ HoneyFund received backing from Kevin O’Leary (AKA Mr. Wonderful). O’Leary is spending some time on CNBC Squawk Box this week to fill in for vacations and one of the first guests on Squawk was… Read More

August 8, 2017 @ 11:07 pm By JD Alois  |  

The People’s Bank of China (PBOC) is expected to strengthen the regulation of internet finance firms including peer to peer lenders and payment platforms. The report by China News references a statement by the PBOC that labels some financial products offered by Fintech firms as… Read More

August 8, 2017 @ 5:35 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Economic Risk Analysis (DERA), has just published a report addressing the issue of access to capital as well as market liquidity. DERA, the research arm of the SEC, was enlisted by Congress to report on the impact… Read More

August 8, 2017 @ 3:28 pm By JD Alois  |  

  Lithuania is the latest country joining the Fintech revolution by recognizing the importance of fostering a regulatory environment that is conducive to change and challenges established norms. The Bank of Lithuania is out with a statement regarding the launch of a sponsored Fintech Sandbox…. Read More

August 8, 2017 @ 10:22 am By JD Alois  |  

Overstock (NASDAQ:OSTK) has announced the integration of “ShapeShift“, an instant digital asset exchange, that allows customers to use all the major cryptocurrencies, including Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash, to buy online.  Overstock is an online discount retailer that sells over 6… Read More

August 8, 2017 @ 9:52 am By JD Alois  |  

Better Mortgage is now available in 13 different states as it has received a license to lend to house hunters in Florida.  The Sunshine state is an important addition to the online lenders services as Florida is a popular vacation home state. Better Mortgage says it… Read More