June 18, 2017 @ 9:59 pm By JD Alois  |  

About a year ago, Crowdfund Insider connected with Julian Kwan, CEO and co-founder of Investacrowd, a real estate crowdfunding platform that was established in Singapore. Kwan was born in Australia but has spent the last 17 years in Asia – most recently Singapore. Having founded… Read More

June 18, 2017 @ 5:16 pm By JD Alois  |  

Crowd2Fund has announced the launch of a new property loan product, secured against either commercial or residential property. Crowd2Fund added that the new vehicle qualifies for inclusion within the platform’s IFISA. Crowd2Fund already offers a range of debt based products including standard loans, revenue loans, bonds… Read More

June 18, 2017 @ 12:50 pm By JD Alois  |  

The European Crowdfunding Network (ECN) has launched a survey dedicated to addressing the challenges of cross border transactions in the investment space. More specifically, the ECN is seeking input on cross border crowdfunding and online lending, including peer to peer / marketplace lending. The ECN… Read More

June 18, 2017 @ 10:58 am By JD Alois  |  

investFeed, a social network for financial markets, is preparing to launch an Initial Coin Offering (ICO).  Founder and CEO Ronald Chernesky has scheduled a meetup for accredited investors in New York City to take place on June 20th. The pre-sale and ICO preview is described… Read More

June 18, 2017 @ 10:43 am By JD Alois  |  

The Chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) John Griffith-Jones has confirmed his intent to depart both agencies at the end of his term in March 2018.  Griffith-Jones was appointed as the first FCA Chair in 2013, He became Chair… Read More

June 17, 2017 @ 1:45 pm By JD Alois  |  

Zelle, the erstwhile Venmo killer, is the creation of a cabal of traditional banks. As of this month, 86 million mobile banking customers will be able to utilize the peer to peer payments platform to send money via mobil banking apps. The list of the… Read More

June 16, 2017 @ 12:49 pm By JD Alois  |  

OFF3R is a UK based aggregator of alternative investments. The platform integrates opportunities within equity crowdfunding, peer to peer lending, real estate and more. At last count OFF3R hosts offers from 36 different UK platforms. Today in a report on P2PFinanceNews, OFF3R is revealing it… Read More

June 16, 2017 @ 11:46 am By JD Alois  |  

Hong Kong is slowing gaining speed in Fintech relevance. After several years of watching more than doing, Hong Kong appears to be poised to challenge Singapore and other regional players for relevance in the Fintech sector. Point in note is the fact that Hong Kong… Read More

June 16, 2017 @ 10:27 am By JD Alois  |  

A report from Bloomberg this week takes certain online lending platforms to task regarding the fact that some online lenders are not verifying income status.  The report also says that even if there are errors in loan applications the loan may still be approved. More… Read More

June 15, 2017 @ 6:01 pm By JD Alois  |  

Transferwise, a European Fintech Unicorn, has provided an update on progress in the United States. The company crossed the Atlantic about 2 years ago and management hasn’t looked back since. As of today, Transferwise has completed 2 million transfers totaling almost $11 billion in the U.S…. Read More

June 15, 2017 @ 12:18 pm By JD Alois  |  

Leading global equity crowdfunding platform OurCrowd has recently formed a new partnership with P3 Innovation, part of Pico Far East Holdings Limited.  Founded in 2016, P3 Innovation is a strategic platform founded by the Pico Group that is located in Pico Creative Centre in Shanghai’s Jiading… Read More

June 15, 2017 @ 11:17 am By JD Alois  |  

Adomani Inc. (NASDAQ:ADOM), a company that provides zero emission vehicle solutions, has completed its Regulation A or “Reg A+” common stock offering and listing on the NASDAQ Capital Market under the ticker symbol ADOM. Adomani raised over $14 million in total. The company reported that… Read More

June 15, 2017 @ 8:30 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published an update on the Fintech Sandbox and has provided a list of the firms that have been accepted into the second cohort of the program. The FCA is a trailblazer in the Sandbox concept and the approach to… Read More

June 15, 2017 @ 7:55 am By JD Alois  |  

Finastra, created by the merging of Misys and D+H, and IBM (NYSE: IBM) have reached an agreement to explore how Finastra can transform their banking operations with IBM Cloud and Cognitive technologies. The two companies plan to bring IBM technology into the Finastra open architecture to enrich… Read More

June 15, 2017 @ 7:17 am By JD Alois  |  

The European Commission public consultation on Fintech ends today. Launched in March, the consultation was created to better understand how Europe can engender a more competitive and innovative financial sector. The feedback will hopefully help guide the Commission how Fintech can make the EU Single Market… Read More

June 14, 2017 @ 10:29 pm By JD Alois  |  

Fintech leaders in Australia have announced a week long Fintech festival scheduled to take place at the end of November. The goal is to boost Asia-Pacific Fintech growth Australian festival to drive Asia-Pacific fintech growth. The festival will be held in Melbourne and is predicted… Read More

June 14, 2017 @ 5:31 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School has launched its third European benchmarking survey and the second survey for Africa and the Middle East. The two separate research initiatives will review the emerging alternative finance markets in each… Read More

June 14, 2017 @ 3:37 pm By JD Alois  |  

The Grenfell Tower Fire in West London was covered around the world on cable television yesterday. The tower block was utterly engulfed in flames. Countless lives were lost with horrific stories of people jumping from windows to avoid the tragic fire. Not only were lives… Read More

June 14, 2017 @ 2:41 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has shared the agenda for the next meeting of the Investor Advisory Committee (IAC) meeting which is scheduled for June 22. The SEC said the committee will hold a discussion in the morning on capital formation for smaller companies… Read More

June 14, 2017 @ 2:07 pm By JD Alois  |  

The Financial Industry Regulatory Authority (FINRA) has created a new entity to help it better understand Fintech innovation. Announced today, FINRA has created “Innovation Outreach Initiative” to “foster an ongoing dialogue” with the securities as finance goes digital. FINRA says the initiative will build on… Read More