April 10, 2017 @ 8:52 am By JD Alois  |  

Deloitte has published a report on emerging Fintech Hubs around the world that analyses 44 different cities. Entitled “Connecting Global FinTech: Interim Hub Review 2017,” the document was released at the opening of the Innovate Finance Global Summit taking place in London this week. The… Read More

April 10, 2017 @ 8:20 am By JD Alois  |  

Innovate Finance has published a “Sandbox Consultation Finding Preview in concert with the Financial Conduct Authority (FCA). The release took place as Innovate Finance opened its Global Summit 2017. The FCA invited Innovate Finance , a public-private partnership seeking to boost Fintech innovation, to chair an… Read More

April 10, 2017 @ 8:00 am By JD Alois  |  

Hub Culture has announced the expansion of their HubID digital identity system. The company made the announcement at the Innovate Finance Global Summit that is taking place in London this week. Hub Culture is now activating new profile networks for merchants, businesses, virtual personas, etc…. Read More

April 9, 2017 @ 6:29 pm By JD Alois  |  

Canonical had an early crowdfunding success of sorts back in 2013. The company that is the guardian of Ubuntu Linux ran a campaign on Indiegogo that raised almost $13 million. At the time, that was the most ever on Indiegogo but it was far short of… Read More

April 9, 2017 @ 6:04 pm By JD Alois  |  

ReWalk (NASDAQ:RWLK), the first company to crowdfund and subsequently trade shares on NASDAQ, announced last week it had received an initial order of 28 ReWalk Personal Exoskeleton Systems to support an ongoing national multi-center clinical trial by the Department of Veterans Affairs. The order follows an… Read More

April 9, 2017 @ 5:18 pm By JD Alois  |  

The UK’s Fintech Ambassador Eileen Burbidge encountered an unfortunate situation that too many people have endured (including yours truly). Burbidge had her credit card number ripped off and bogus transactions started to show up on her card. Burbidge eloquently shared the theft via twitter calling… Read More

April 9, 2017 @ 4:41 pm By JD Alois  |  

Xian Yan, the Chairman of P2P Financial Information Service Company,  was fined 3.47 billion yuan (about $503 million USD) for stock market manipulation. The China Securities Regulatory Commission (CSRC) levied that penalty that included penalties and forking over illicit profits, according to ECNS. The fine was… Read More

April 9, 2017 @ 9:10 am By JD Alois  |  

Intro Crowd, a land investment platform, has signed up Chris Robshaw, the England rugby union player, as its brand ambassador. Robshaw will soon be featured in marketing and promotional material for the crowdfunding plaform. Intro Crowd said that Robshaw has an interest in housing provision and… Read More

April 9, 2017 @ 7:47 am By JD Alois  |  

The UK-based start-up, Lystable  announced an increase of $10 million in its Series A funding round to $21 million, doubling their valuation. Lystable is a freelancer collaboration app, allowing managers to supervise profiles, delegate work, keep track of invoices, and make payments. This new influx in… Read More

April 7, 2017 @ 1:40 pm By JD Alois  |  

LAUNCH Festival, a two-day event hosted by Jason Calacanis, kicked off yesterday with a new twist. Live crowdfunding was offered for a handful of companies that were simultaneously listed on the SeedInvest crowdfunding platform.  These companies each delivered a 3 minute explanatory pitch to a… Read More

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

Anthony Rose has partnered with Laurent Laffy to enable UK startups to complete funding rounds faster. SeedLegals, a Legaltech platform, has launched an automated platform to fully manage startup funding rounds in the cloud. Rose, described as a serial entrepreneur and tech-visionary with two successful… Read More

April 7, 2017 @ 8:28 am By JD Alois  |  

Online lender Kreditech has appointed two senior bankers to its advisory board. Former CEO of Vanquis Bank, Michael Lenora and CEO of OneSavings Bank, Andy Golding will now help provide guidance to the Hamburg-based Fintech tirm. Kreditech, a consumer lender and “Credit as a Service”… Read More

April 7, 2017 @ 2:33 am By JD Alois  |  

Lumo and Oneplanetcrowd have joined together to crowdfund a solar project located near Perpignan in the South West of France.  Lumo is a France-based crowdfunding platform. Oneplanetcrowd is operating out of the Netherlands. The two platforms were said to have jointly developed a solution to overcome… Read More

April 6, 2017 @ 10:05 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its first study on digital currencies, its usage and the emerging ecosystem supporting the new type of currency. As the report explains, “the world of money and finance is transforming before our eyes.” The “Global Cryptocurrency… Read More

April 6, 2017 @ 6:12 pm By JD Alois  |  

The Jumpstart Our Business Startups or JOBS Act is celebrating its 5th year anniversary. This is the law enacted during the Obama administration that legalized three different iterations of investment crowdfunding. The JOBS Act under Title II enabled Reg D (506c) issuers to “generally solicit”… Read More

April 6, 2017 @ 12:58 pm By JD Alois  |  

The US House of Representatives passed the Supporting America’s Innovators Act (HR 1219) today. The bill received solid backing with a vote of 417 for and 3 against. The bill now moves to the Senate for review. Chief Deputy Whip Patrick McHenry, the Vice Chairman… Read More

April 6, 2017 @ 12:38 pm By JD Alois  |  

LendingRobot Says Strong Demand Takes Robo-fund Beyond Individual Investors LendingRobot and its relatively new offering “LendingRobot Series“, has announced a product specifically for institutional investors labeled, “LendingRobot Professional”. The new Robo-fund for alternative lending was created “based on significant interest” from wealth managers and family… Read More

April 6, 2017 @ 10:31 am By JD Alois  |  

Renaud Laplanche, the founding CEO of Lending Club, has announced the launch of a new consumer credit platform aptly entitled Upgrade.  The online lender was described as a new iteration of online lending that combines the best of marketplace lending and consumer services such as… Read More

April 6, 2017 @ 9:57 am By JD Alois  |  

Property Partner, a buy-to-let online marketplace launched in 2015, has surpassed £50 million in funding. The peer to peer lender also shared interesting statistics regarding platform performance, including: The number of investors has increased 57% to 10,361 in 12 months £12.5 million of property has… Read More

April 6, 2017 @ 8:43 am By JD Alois  |  

FundedByMe is launching operations in Finland under a new partnership lead by Raine Luomanen and Casper Grönblom. The partnership was described as a franchise arrangement. FundedByMe explains that this new structure follows updated crowdfunding regulations introduced in Finland in September 2016. FundedByMe CEO and co-founder,… Read More