April 23, 2017 @ 5:26 pm By JD Alois  |  

Dow Jones Venturesource is out with their most recent European Venture Capital report and, according to them, the numbers are good for the first quarter of 2017. While the total amount of venture funding raised in Q1 2017 is below Q1 2016, the numbers are… Read More

April 23, 2017 @ 4:37 pm By JD Alois  |  

The UN sponsored Better than Cash Alliance is out with an interesting report on Fintech and payments in China. The Alliance partners with governments, companies, and international organizations that are the key drivers behind the transition to make digital payments widely available around the globe…. Read More

April 22, 2017 @ 4:40 pm By JD Alois  |  

Peer to peer lender Growth Street is reporting solid growth. The online lender said it has captured over 600 investors since platform launch at the end of 2016. Growth Street is a platform that provides online financing options for UK SMEs. The company also touted its… Read More

April 21, 2017 @ 3:08 pm By JD Alois  |  

This is a special time of the year in Washington, DC. It is the annual Spring Meetings of the IMF and World Bank meaning a diverse group of policymakers and regulators descend upon the US Capitol clogging restaurants and over-booking hotels. This also means there… Read More

April 21, 2017 @ 9:15 am By JD Alois  |  

Crowd2Fund is reporting “record breaking” growth for Q1 2017. According to the crowdfunding platform, it has experienced 4700% year over year growth during the first quarter with “millions of pounds” being transacted on a monthly basis. Crowd2Fund reported that “scores” of different businesses received debt… Read More

April 21, 2017 @ 9:00 am By JD Alois  |  

NextGen Crowdfunding, has appointed Lyndsi Stevens as General Manager. In her new role, Stevens will manage all day to day operations of the NextGen business. Stevens previously was Vice President of Marketing at NextGen. Stevens will take over the GM position from Joan Seavey who has… Read More

April 21, 2017 @ 8:20 am By JD Alois  |  

ASEAN crowdfunding platform CoAssets (ASX: CA8) is pushing into Hong Kong as part of a growth and “internationalization strategy”. CoAssets announced a Memorandum of Understanding this past March. CoAssets announced it has entered into a Share Sale and Purchase Agreement (SPA) with the shareholders of Fintech Pte… Read More

April 21, 2017 @ 7:56 am By JD Alois  |  

Chapel Down (NEX:CDGP) has reported its annual operating results for 2016. The publicly listed company that notably raised capital on equity crowdfunding platform Seedrs becoming the first listed company to use crowdfunding. Certain shareholders continue to receive certain perks for maintaining ownership in the company… Read More

April 21, 2017 @ 7:14 am By JD Alois  |  

Peer to peer lender Assetz Capital is celebrating four years in operation. The platform reports that during these past years, it has originated £240 million in lands. Assetz Capital plans to double the figure within the next 12 months. “We’ve seen the company go from… Read More

April 20, 2017 @ 5:25 pm By JD Alois  |  

Another credit card replacement company has died. Plastc, a company that raised more than $5 million in 2014 on a presales campaign, posted a backers update stating the company has exhausted all of its options to raise funding it needs to continue. Plastc said it… Read More

April 20, 2017 @ 7:32 am By JD Alois  |  

European marketplace lending platform Lendix has opened its platform to Italian SMEs. As of today, Italian businesses may borrow from €30,000 to €2 million directly financed by international investors. Lendix called the operation “a new step towards a true European credit market.” For Italian businesses to list a… Read More

April 19, 2017 @ 10:03 pm By JD Alois  |  

Crowdfunding, as allowed under Reg CF (created by Title III of the JOBS Act) was designed to improve access to capital for smaller firms in need of funding while providing new investment opportunities for smaller investors. For too many years the little guy has been… Read More

April 19, 2017 @ 6:03 pm By JD Alois  |  

The creation of Representative Jeb Hensarling, the Financial CHOICE Act of 2017 is geared to replace much of Dodd-Frank legislation. Dodd-Frank has become the poster-child for poorly written law that increased cost to financial service firms while increasing the potential of “too big to fail.”… Read More

April 19, 2017 @ 11:12 am By JD Alois  |  

The Financial Conduct Authority (FCA) released an update this week on both their mission and an accompanying business plan. The lead securities and market regulator, posted its broad strategic objectives, as determined by Parliament; To ensure that relevant markets function well – and three operational… Read More

April 18, 2017 @ 6:35 pm By JD Alois  |  

California is perhaps the most natural state to enact an instrastate law to facilitate investment crowdfunding. Yet multiple attempts at crafting bespoke legislation to allow crowdfunding have failed multiple times. Honestly, I have lost count of the number of bills hoisted up the lawmaking flagpole… Read More

April 18, 2017 @ 5:57 pm By JD Alois  |  

Revolut and Tussle have partnered to provide mortgage broking services directly to the Revolut App. The digital only bank will now enable Revolut’s 360,000 plus UK based users to access Trussle’s online mortgage service. Trussle uses technology and human mortgage advisers to help borrowers secure… Read More

April 18, 2017 @ 10:52 am By JD Alois  |  

During a “period of recalibration” for Goldman Sachs (NYSE: GS), the diversified financial firm announced Q1 2017 financial results today. Goldman reported net revenues of $8.03 billion and net earnings of $2.26 billion for the first quarter ended March 31st. Diluted earnings per common share… Read More

April 18, 2017 @ 9:27 am By JD Alois  |  

IW Capital has published research on UK investor sentiment regarding Brexit and the impact of Article 50. Surveying 1000 investors who have between £10,000 and over £250,000 worth of investments, IW Capital says that a significant number of investors are willing to shoulder greater risk in… Read More

April 18, 2017 @ 8:55 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) and the United Nations Capital Development Fund (UNCDF) under the ongoing UNCDF’s SHIFT (Shaping Inclusive Finance Transformations) have partnered on a program to increase digital financial services across the ASEAN region. According to MAS, the two entities will explore opportunities… Read More

April 18, 2017 @ 8:04 am By JD Alois  |  

Latvia based Alfa Finance Group has launched a new peer to peer lending platform named DoFinance.  The company stated it had invested €2 million to get the P2P lender up and running. The online lender is said to be available in all EU and EEA countries…. Read More