April 13, 2017 @ 7:54 am By JD Alois  |  

Crowdcube has announced the completion of its first batch of secondary transactions on their crowdfunding platform. The serviced was initially tipped for release last year during Crowdcube’s self-crowdfunding round that raised £6.6 million.  Incorporating secondary transactions is an important step in the crowdfunding platform as… Read More

April 12, 2017 @ 10:59 pm By JD Alois  |  

LendEx, a leading Australian peer-to-peer lending platform for direct commercial property lending, has appointed two new prominent board members as non-executive directors. LendEx has added Brian Benger and Kim Jenkins to help guide the growing online lender. Benger said he was delighted to join the LendEx… Read More

April 12, 2017 @ 2:50 pm By JD Alois  |  

Berlin-based Solar crowdfunding platform ecoligo has quickly funded its first project. Taking just 6 days, ecoligo raised €107,000 from 54 investors to help finance a 66kWp solar installation in Thika, Kenya. The platform added that all investors received an early-bird investment bonus that was valid in the first 7 days and… Read More

April 12, 2017 @ 1:26 pm By JD Alois  |  

Affirming the future of Fintech, Rt. Honorable Liam Fox, MP, Secretary of State for International Trade, delivered a closing speech to the inaugural International FinTech Conference organized by DIT and HMT. Fox stated; “Never before have prospects been so great. Never before has investment in… Read More

April 12, 2017 @ 10:44 am By JD Alois  |  

Crowd Genie, a small business lending platform, has received regulatory approval from the Monetary Authority of Singapore (MAS). Crowd Genie was granted a Capital Markets Services (CMS) license from MAS, an important development for the peer to peer lending platform. Crowd Genie has been in… Read More

April 12, 2017 @ 9:36 am By JD Alois  |  

Global economic powerhouse Singapore is tightening its relationship with China as indicated by the 3rd Singapore-Shanghai Financial Forum (SSFF) in Singapore today.  The SSFF is an annual forum that seeks to bring together financial industry participants from Singapore and Shanghai to discuss pertinent market developments and… Read More

April 12, 2017 @ 7:57 am By JD Alois  |  

Biotech company Celixir has initiated a share-back for early investors. The company is offering shareholders a 2.7x return if they accept the offer. According to the company, 18% of Celixir shareholders have decided to accept the offer with the remaining holding their shares with the… Read More

April 11, 2017 @ 10:37 pm By JD Alois  |  

Draper Esprit (AIM: GROW, ESM: GRW), a publicly traded venture capital firm, has provided an update since its IPO back in June 2016.  According to management, the VC has been “very active” since its admission to AIM & ESM. Draper Esprit was originally launched in… Read More

April 11, 2017 @ 10:16 pm By JD Alois  |  

Londoners are being invited to pitch for cash to improve their local areas in an initiative sponsored by the city of London. Crowdfund London will allow select projects to be supported with up to £50,000 through crowdfunding model. The Mayor of London, Sadiq Khan, is inviting… Read More

April 11, 2017 @ 5:12 pm By JD Alois  |  

Earlier this month the Securities and Exchange Commission (SEC) published their annual report pertaining to the yearly SEC Government -Business Forum on Small Business Capital Formation. The gathering is mandated by law and has taken place since 1982. Each and every year a group of… Read More

April 11, 2017 @ 3:41 pm By JD Alois  |  

Perkins Coie LLP, a legal firm with offices in the United States and Asia, has boosted their Fintech horsepower with the addition of Jacob S. Farber and Frederick B. Fedynyshyn as senior counsel in its Technology Transactions & Privacy practice. Perkins Coie considers itself legal experts… Read More

April 11, 2017 @ 7:52 am By JD Alois  |  

OPC Live! Innovation Challenge launched today during the Innovate Finance Global Summit in London. The worldwide competition is to encourage developers and Fintech firms to innovate and transform business to business payments – an industry that drives an estimated $290 billion in revenues but trails consumer… Read More

April 11, 2017 @ 7:33 am By JD Alois  |  

Singapore-based MoolahSense, a marketplace lending platform, has added invoice financing as a new product line. The new service will allow SMEs to access financing to address short-term capital needs of up to $15,000. For investors, a nominal interest rate of up to 12% may be earned…. Read More

April 10, 2017 @ 10:24 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a discussion paper on distributed ledger technology (DLT) also commonly called Blockchain. The document was released today amidst of a flurry of Fintech related news as the Innovate Finance Global Summit kicked off in London.  The FCA… Read More

April 10, 2017 @ 9:58 pm By JD Alois  |  

Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered a Keynote address today at the Innovative Finance Global Summit 2017. Woolard, the FCA’s champion for competition and thus a champion for consumers, delivered an important message regarding their regulatory mission: “It is… Read More

April 10, 2017 @ 1:51 pm By JD Alois  |  

Naqoda, a provider of software and services to the financial industry, has announced the release of its core banking software that will allow existing banks, challenger banks, retail entrants and others to deliver an “omnichannel banking” experience to their customers. The release follows the implementation of… Read More

April 10, 2017 @ 1:41 pm By JD Alois  |  

Lloyds Banking Group launched a Fintech mentoring program last year. At that time, Innovate Finance helped to identify suitable start-ups to benefit from the program. The Fintech start-ups benefit from knowledge sharing of experienced Lloyds Banking Group colleagues to aid their development in the financial… Read More

April 10, 2017 @ 1:22 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has initiated enforcement actions against 27 individuals and entities behind promotional articles that did not disclose they were paid analysis cloaked as independent research. The SEC said investors were duped into believing they were reading unbiased articles when in… Read More

April 10, 2017 @ 11:50 am By JD Alois  |  

Diversification is key to driving returns when it comes to investing. This is even MORE important regarding investing in early stage companies which are risky but have the potential to deliver better returns. The data is irrefutable: investing in early stage companies can drive solid… Read More

April 10, 2017 @ 10:48 am By JD Alois  |  

Innovate Finance is holding its Annual Global Summit in London during UK’s Fintech week. Innovate Finance is a public-private membership association that advocates on behalf of all things Fintech both in the UK and globally. The organization reported the more than 2000 attendees from around… Read More