July 2, 2017 @ 7:53 am By JD Alois  |  

The presentation embedded below is an interesting perspective on the growth of alternative finance, specifically in Europe. There has been a certain amount of discussion regarding the tepid growth of investment crowdfunding in the US (not including marketplace lending) and the reasons why the sector… Read More

July 1, 2017 @ 5:00 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed fraud charges against Renwick Haddow, a UK citizen living in New York. The SEC said the “clandestine founder” claimed to be the creator of a Bitcoin platform and a chain of co-working spaces located in former bars… Read More

June 30, 2017 @ 11:19 am By JD Alois  |  

This is kind of interesting. R3, the big bank funded distributed ledger technology initiative, has been in a bit of a dust up as it “repositions” its services. The controversy is not anything new but things continue to simmer a bit as there is an… Read More

June 29, 2017 @ 7:58 pm By JD Alois  |  

The Securities and Exchange Commission, (SEC) has announced that the Division of Corporation Finance (CorpFin) will now permit all companies to submit draft registration statements relating to initial public offerings for review on a non-public basis. This process will be available for IPOs as well as… Read More

June 29, 2017 @ 7:40 pm By JD Alois  |  

Ron Suber, an iconic voice in the emerging Fintech sector and the most prominent leader in the marketplace lending industry, has announced his departure from Prosper Marketplace. First reported in a note published on LendAcademy, after five years of leadership at Prosper,  Suber has determined… Read More

June 29, 2017 @ 3:43 am By JD Alois  |  

ShareIn, a SaaS platform for the crowdfunding sector, has announced that its platforms can now accept investments in both Euros and Sterling and can be navigated in multiple languages. Jude Cook, CEO and co-founder of ShareIn, commented on the update; “Our clients have told us… Read More

June 28, 2017 @ 12:19 pm By JD Alois  |  

KissKissBankBank, an early entrant in the French Fintech scene and an active platform for capital formation with both online lending and crowdfunding, has been sold to La Banque Postale. KissKissBankBank has helped to finance 27,000 projects to date having raised approximately €83 million from a community… Read More

June 28, 2017 @ 12:00 pm By JD Alois  |  

The Financial Stability Board (FSB) has weighed in on the burgeoning Fintech sector of finance. The FSB has been analyzing “financial stability implications” potentially created by Fintech innovation. The FSB says it is specifically seeking to identify “supervisory and regulatory issues that merit authorities’ attention”…. Read More

June 28, 2017 @ 5:42 am By JD Alois  |  

Yesterday there was a well attended event in Hong Kong to announce the launch of the FinTech Association of Hong Kong (FTAHK). The FTAHK is an independent, not-for-profit, member-driven organisation that is now the voice of the Fintech community in Hong Kong. Members range from Fintech… Read More

June 28, 2017 @ 5:09 am By JD Alois  |  

Innovate Finance is back once again with their update to the Women in FinTech Powerlist 2017. Last year’s report was widely distributed and I would expect this year’s report to be even better. The list is now open for submissions and you may nominate any… Read More

June 27, 2017 @ 5:29 pm By JD Alois  |  

Earlier this month, Bancor Foundation raised more than $153 million in a “crowdsale” in what may be considered the largest crowdfunding campaign in history. This “Token Generation Event” or TGE saw 10,855 buyers step in for a total of 79,323,978 Bancor network tokens (BNTs) created with… Read More

June 27, 2017 @ 5:39 am By JD Alois  |  

DCM Ventures, a global VC firm with offices in Silicon Valley, China and Japan, has taken a stake in Chinese crowdfunding platform Duocaitou, according to a report in ChinaMoneyNetwork. DCM led the $10 million Series A round in the platform that focuses on real estate… Read More

June 27, 2017 @ 4:46 am By JD Alois  |  

Pointing to the recently published EY Fintech Adoption Index, Australia is doing a bit of chest pounding as their prominence in the Fintech sector rises. In a public release, FinTech Australia says Australia is now a world leader in Fintech adoption jumping ahead of other… Read More

June 27, 2017 @ 4:19 am By JD Alois  |  

OurCrowd, a leading equity crowdfunding platform, has signed a strategic collaboration agreement with LetsVenture, India’s largest marketplace for startup funding. The agreement means that OurCrowd will offer deals to Indian investor syndicates managed by LetsVenture. Simultaneously, OurCrowd will showcase Indian startups on its crowdfunding platform… Read More

June 27, 2017 @ 3:55 am By JD Alois  |  

TransferMoney Latvia, a fast growing European cloud payment institution, has signed up with Accuity to streamline its account and payments screening processes. TransferMoney says the move is to help better identify financial crime risk and flag potentially high-risk customers – always a concern in the… Read More

June 26, 2017 @ 6:24 pm By JD Alois  |  

This is kind of interesting. Invez has created an infographic on the history of Ethereum and how it will soon surpass Bitcoin in valuation. According to the write up, ethereum is set to overtake bitcoin in 2018. Invez is of the opinion that Ethereum will… Read More

June 26, 2017 @ 11:41 am By JD Alois  |  

Not too long ago the SEC came out with an Investor Bulletin, emanating from the Office of Investor Education and Advocacy, regarding the utilization of SAFEs as an investment vehicle on crowdfunding platforms. The SEC stated; “Some issuers have been offering a new type of… Read More

June 26, 2017 @ 8:01 am By JD Alois  |  

EXMO, a UK-based cryptocurrency exchange has added WAVES to its list of offered coins. EXMO said that it recognizes the growing popularity of the custom token platform in the crypto-domain, as well as the potential for continued interest and sustained growth of the WAVES token… Read More

June 26, 2017 @ 7:46 am By JD Alois  |  

Santander UK and Crowdfunder have jointly announced a renewal of their partnership that provides funding for social enterprises and community projects across the UK. Santander UK will provide an additional £200,000 in funding for projects sourced by Crowdfunder following a successful pilot. “At Santander supporting the… Read More

June 26, 2017 @ 7:26 am By JD Alois  |  

European multi-retailer mobile wallet in Yoyo Wallet has announced a £12 million Series B round. The funding was led by the METRO Group Wholesale & Food Specialist Company, an international specialist in wholesale and food retail with top line revenue of about €37 billion a year. METRO… Read More