July 6, 2017 @ 10:21 am By JD Alois  |  

Singapore based Everex, an Ethereum company offering blockchain-based microcredit and remittance services, has announced a limited 48 hour token pre-sale round today. Everex said there would be a public token sale later this month. During the pre-sale, Everex said its EVX tokens will be offered… Read More

July 6, 2017 @ 9:20 am By JD Alois  |  

CAN Capital, an online lender in the SME lending space, is back in business following a recapitalization by Varadero Capital, an alternative asset manager in New York City and currently manages about $1.3 billion. DLA Piper served as legal counsel for the financing and Jefferies acted… Read More

July 6, 2017 @ 8:25 am By JD Alois  |  

  Crowdcube Spain is reporting it has no crowdfunded € 10,079,728 for 47 different Spanish companies since the Barcelona based platform launched in July 2014. Additionally, Crowdcube shares that momentum has increased as during the first 6 months of 2017 the platform has funded €3.185 million –… Read More

July 6, 2017 @ 6:00 am By JD Alois  |  

VW Credit, Inc. (VCI) has committed to make an equity investment in AutoGravity, pending customary regulatory approvals. The exact amount and structure of the investment was not revealed initially by either firm. AutoGravity is a Fintech firm that powers an App driven auto loan financing… Read More

July 5, 2017 @ 5:12 pm By JD Alois  |  

LendingClub (NYSE: LC), the leading marketplace lending platform in the US, has added Kenneth Denman to its Board of Directors. LendingClub states the appointment took effect on June 28, 2017. Denman joins as a Class One director and will serve on the Audit and Compensation… Read More

July 5, 2017 @ 1:26 pm By JD Alois  |  

A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of alternative finance. But recently Hong… Read More

July 5, 2017 @ 11:00 am By JD Alois  |  

Primalbase is the next company to quickly complete an initial coin offering (ICO) on the Waves platform. This took place last week but Primalbase reportedly raised 3100 BTC is a bit over 24 hours. At this very moment, that equates to around $7.6 million. Waves reported… Read More

July 5, 2017 @ 10:00 am By JD Alois  |  

ROBO.CASH and Latvian Alternative Financial Services Association have announced their intent to develop peer-to-peer technologies in Latvia. ROBOS.CASH is a part of the European financial holding group with affiliated credit companies in Spain (Prestamer.es), Russia (Zaymer.ru, FinTerra) and Kazakhstan (Zaimer.kz). The group, founded by Sergey… Read More

July 5, 2017 @ 9:01 am By JD Alois  |  

The Mayor of London’s post-referendum start-up investment fund has now delivered over £5.3 million to 32 high growth tech companies since the EU referendum pushed the UK to back away from continental Europe. The London Co-Investment Fund (LCIF) has reportedly invested in early stage companies specialising… Read More

July 4, 2017 @ 12:32 pm By JD Alois  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, has launched a crowdfunding round on Seedrs. The offer is seeking £700,000 for a convertible that allows investors to purchase shares at a 20% discount at some point in the future. The EIS eligible listing has… Read More

July 4, 2017 @ 11:45 am By JD Alois  |  

Crowd2Fund’s Exchange, a secondary market for crowdfunded investments, is apparently experiencing solid utilization according to a release by Crowd2Fund. Launched 18 months ago, Crowd2Fund states it is benefiting from a “significant increase in activity in line with the platform’s exponential growth this year.” Investors using the… Read More

July 4, 2017 @ 10:12 am By JD Alois  |  

CrowdRating, a UK platform that rates equity crowdfunding offers, has released a note stating that 96% of the companies whose campaigns received a Gold Investment rating from the platform – and closed at least a year ago – remain in business. In fact, CrowdRating states… Read More

July 4, 2017 @ 9:25 am By JD Alois  |  

Singapore-based InstaReM, a digital cross-border payments company, is reporting it has just received a USD $13 million investment led by GSR Ventures, with participation from SBI-FMO Ventures, Vertex Ventures, Fullerton Financial Holdings (FFH), and Global Founders Capital (GFC). InstaReM said it intends to use the funding… Read More

July 4, 2017 @ 8:07 am By JD Alois  |  

The Enterprise Investment Scheme Association (EISA) has launched a regional program to assist UK entrepreneurs and SMEs. The EISA will host a series of events across the UK regarding regional funding information and advice workshops, including the vast benefits of applying for EIS/SEIS approval. At the… Read More

July 4, 2017 @ 7:42 am By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) has created a new category of membership to boost its ranks and add perspective to the association that represents the UK’s top online lenders. The P2PFA was established in 2011 as the industry gained traction, acting as the representative and self-regulatory… Read More

July 3, 2017 @ 5:11 pm By JD Alois  |  

Residential property investment platform Property Partner appears to have an enviable challenge. Some of their listed properties are being fully funding in as little as 60 seconds. There are worse problems for a crowdfunding platform to have. Currently, Property Partner, the “world’s first stock exchange… Read More

July 3, 2017 @ 3:58 pm By JD Alois  |  

A report by Dutch crowdfunding agency Douw & Koren is reporting that crowdfunding is once again on the rise in the Netherlands. Following a challenging 2016 during which sector growth stagnating, during the first 6 months of 2017 crowdfunding is seeing renewed momentum. According to… Read More

July 3, 2017 @ 10:46 am By JD Alois  |  

Newly launched peer to peer lending platform VIAINVEST has announced topping €10 million in loans. The 7 month old Latvian platform said consumer loans issued by VIA SMS Group, came from the Czech Republic, Poland, Latvia and Spain. These loans were funded by investors from more… Read More

July 3, 2017 @ 7:42 am By JD Alois  |  

Singapore based investment crowdfunding platform Fundnel has announced the expansion of its services into Australia. Fundnel is a private investment platform that offers unlisted securities in growth and pre-IPO stage companies to both institutional and individual investors. Fundnel screens all investment opportunities to ensure businesses… Read More

July 2, 2017 @ 3:48 pm By JD Alois  |  

RealtyMogul.com has filed a new Form 1-A indicating its intent to launch a second MogulREIT using the Reg A+ securities exemption. MogulREIT II intends on raising up to $50 million to invest in multi-family residences targeting a Millennial consumer, according to the current Offering Circular…. Read More