August 3, 2017 @ 9:56 am By JD Alois  |  

In the financial services sector clear and transparent regulation is vital to a healthy marketplace. There is no financial services firm that will take issue with this statement. Yet regulation that balances on the tightrope of an efficient market and investor protection is quite hard…. Read More

August 3, 2017 @ 7:20 am By JD Alois  |  

The TAB Dashboard has been added to the Thomson Reuters Eikon App Studio.  Created by Cambridge-based TAB (formerly DBA as Crowdsurfer), Dashboard is described as the world’s most comprehensive source of intelligence on the global alternative finance market. The App Studio is Eikon’s third party… Read More

August 2, 2017 @ 10:42 pm By JD Alois  |  

Fundrise, an online real estate investment platform, has introduced a new introductory offer designed to onboard smaller investors. The Fundrise Starter Portfolio starts with a $500 minimum and includes a 9.25% annual dividend yield and zero advisory fees through the end of the year. If… Read More

August 2, 2017 @ 10:23 pm By JD Alois  |  

Investment crowdfunding platform StartEngine has circulated a note indicating the month of July was a good one for business. Reportedly, 15 new issuers listed on the crowdfunding site.  A quick trip over to StartEngine shows 33 live investment opportunities split between Reg A+ and Reg… Read More

August 2, 2017 @ 3:16 pm By JD Alois  |  

This should come as no surprise. IEG Holdings (OTCQB: IEGH) has decided not to proceed with a previously announced Tender Offer for shares of marketplace lender LendingClub (NYSE:LC). Ostensible, the offer was to exchange four shares of IEG Holdings for each share of common stock in Lending… Read More

August 2, 2017 @ 9:53 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) will establish a “Payments Council”, a move designed to facilitate the vision of an e-payments ecosystem in Singapore. This includes the development of seamless payments solutions like PayNow, supporting the introduction and rollout of unified point-of-sale terminals at merchants, and… Read More

August 2, 2017 @ 9:12 am By JD Alois  |  

FundedByMe Malaysia (FBM Crowdtech Sdn Bhd), one of the first approved crowdfunding platforms in the country,  has created a peer to peer lending platform for SMEs. The new platform, entitled AlixCo, is designed to help finance Malaysian entrepreneurs and to address the SME financing gap in… Read More

August 2, 2017 @ 9:00 am By JD Alois  |  

Insurtech company Lemonade is now available for residents of New Jersey. Homeowners and renters may purchase insurance in seconds at Lemonade.com, or through the Lemonade app. New Jersey is the fourth state in Lemonade’s nationwide roll out.  The Garden State joins New York, California, and… Read More

August 2, 2017 @ 7:14 am By JD Alois  |  

PeerIQ Expands Into Traditional Lending Sector PeerIQ, a provider of data and analytics for the lending sector, has closed a $12 million Series A funding round, co-led by TransUnion, Hearst’s Financial Venture Fund and Macquarie Group. Existing investors Uprising and former Morgan Stanley CEO John… Read More

August 2, 2017 @ 7:04 am By JD Alois  |  

CoAssets Limited  (ASX: CA8), a crowdfunding platform specializing in facilitating funding for real estate and small to medium-sized enterprises, reported its financial results for the fourth quarter of fiscal year 2016, ended 30 June 2017. CoAssets said that Q4 was a break even quarter and… Read More

August 1, 2017 @ 7:15 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) is out with a statement today regarding the burgeoning Initial Coin Offering or ICO market. The cryptocurrency driven funding sector has been red hot in recent months with some issuers raising tens of millions of dollars in a totally… Read More

August 1, 2017 @ 4:27 pm By JD Alois  |  

The Dubai Financial Services Authority (DFSA) announced the enactment of a regulatory regime designed to engender a robust crowdfunding ecosystem for the country. The new regulations are part of a strategy to foster an innovation driven economy. Empowering entrepreneurs and startups by providing the access… Read More

August 1, 2017 @ 12:17 pm By JD Alois  |  

Ron Suber, President Emeritus of Prosper and high-profile Fintech ambassador and investor, has signed up as the Executive Vice Chairman of Credible. Suber will also become a member of Credible’s Board of Directors. Credible is a multi-lender marketplace that allows borrowers to receive competitive loan… Read More

August 1, 2017 @ 9:50 am By JD Alois  |  

FinTech Australia is out with a comment on the report that was published by the Committee for Sydney regarding the Fintech sector in Australia. FinTech Australia welcomed the report, entitled “Scaling the Fintech Opportunity: For Sydney & Australia,” as it indicates that Sydney is a… Read More

August 1, 2017 @ 8:00 am By JD Alois  |  

Blackmoon Financial Group, a Fintech firm that operates an online lending platform, has announced a Blockchain based platform to power “tokenized investment funds.” Blackmoon Crypto is described as a one stop solution for asset managers  to create, and manage legally, compliant tokenized funds. Blackmoon Crypto… Read More

August 1, 2017 @ 7:51 am By JD Alois  |  

The Dubai Financial Services Authority (DFSA) has today launched a regulatory framework for loan and investment-based crowdfunding platforms. The DFSA noted this is the first such framework in the  Gulf Cooperation Council (GCC) member countries. The new crowdfunding regulatory approach is part of the DFSA’s… Read More

July 31, 2017 @ 9:33 pm By JD Alois  |  

The Committee for Sydney has published a report that points to the potential for Fintech innovation in Sydney and Australia in general. Published with the assistance of KPMG, the document is entitled Scaling the Fintech Opportunity: For Sydney & Australia. Australia, as a country, may… Read More

July 31, 2017 @ 5:05 pm By JD Alois  |  

Elevate Credit (NYSE: ELVT), a non-prime online lender, is out with its Q2 numbers. Elevate only began trading on the New York Stock Exchange this past April. According to the company, revenues for the quarter totaled $150.5 million – an 18.7% increase versus year prior… Read More

July 31, 2017 @ 4:22 pm By JD Alois  |  

FundersClub was launched five years ago this month. Designed to be an online marketplace providing access to compelling early stage investment opportunities. An accredited investor only platform, the VC hybrid strategy provided a larger “crowd” the option to participate in a good number of high… Read More

July 31, 2017 @ 3:47 pm By JD Alois  |  

Asia is hot when it comes to technology. Perhaps more so regarding Fintech as it is the largest internet finance market in the world. Israel is globally known as the Innovation Nation. Global equity crowdfunding platform OurCrowd is helping to boost the Israel – China… Read More