April 5, 2017 @ 6:45 pm By JD Alois  |  

CommunityLeader has ceased operations. The “private labeled software and service solution for the solicitation, sale, and support to private securities” has posted a notice on their website stating: CommunityLeader has ceased operations. There are no future plans for the use of the site at this… Read More

April 5, 2017 @ 5:45 pm By JD Alois  |  

The SEC has announced it has adopted amendments to increase the amount of money companies may raise under Reg CF or retail crowdfunding. Initially, Reg CF capped the amount allowable for issuers to $1 million. The SEC has adjusted the amount for inflation and increased the… Read More

April 5, 2017 @ 4:38 pm By JD Alois  |  

Fundrise is adding a new investment vehicle to its growing list of opportunities for smaller investors. This time the real estate marketplace has filed a Form 1-A with the SEC for a “Fundrise For-Sale Housing eFUND”. Fundrise started as a pure real-estate crowdfunding platform offering… Read More

April 5, 2017 @ 12:13 pm By JD Alois  |  

LAUNCH Festival takes place later this week and the first batch of participating companies have been released. LAUNCH, the creation of Jason Calacanis, has partnered with SeedInvest to offer live investment crowdfunding during the event.  Reportedly there will be an audience of over 12,000 individuals… Read More

April 5, 2017 @ 8:09 am By JD Alois  |  

There is growing global appreciation of women in Fintech, and FinTech Australia is recognizing this phenomenon with a new award for female Fintech leaders. FinTech Australia has announced the Female FinTech Leader of the Year award as part of its inaugural Finnies awards being held… Read More

April 5, 2017 @ 6:22 am By JD Alois  |  

Lykke, a Swiss Fintech firm that is creating a global blockchain-powered marketplace, has launched the Lykke Accelerator. Richard Olsen, founder and CEO of Lykke, explains; “The Lykke Accelerator is an exciting step. We’ve spent the last year building a world-class platform, and now we want other companies… Read More

April 4, 2017 @ 9:56 pm By JD Alois  |  

  RateSetter has appointed Amanda Sharp as Regional Relationship Manager for London and the South East. Sharp previously spent 35 years with RBS Group. While at RBS, Sharp spent 20 years in the Business and Commercial division working with SMEs. Sharp has joined RateSetter to… Read More

April 4, 2017 @ 11:20 am By JD Alois  |  

Insurtech firm Lemonade has moved into the midwest by adding Illinois to the list of the states where it may offer insurance. Adding Illinois comes six months after launching in New York state by receiving regulatory approval to offer insurance. Lemonade is an insurance company… Read More

April 4, 2017 @ 10:22 am By JD Alois  |  

The agenda for next week’s UK Fintech Week 2017 has been announced by the Chancellor of the Exchequer, Philip Hammond. HM Treasury said they were building on last year’s success as the week long gathering brings together financial firms, government, and regulators seeking to boost… Read More

April 4, 2017 @ 9:27 am By JD Alois  |  

  World First, an international Fintech payments and currency firm, has launched its service in India as the business accelerates its international growth plan. The announcement comes as World First joins the UK Government’s trade mission to India alongside Philip Hammond, Chancellor of the Exchequer,… Read More

April 4, 2017 @ 9:15 am By JD Alois  |  

Founder Joy Schoffler Expected to Remain Involved with the Firm. Leverage PR, a prominent marketing firm engaged in the crowdfunding and Fintech sector, has been sold to Caliber Corporate Advisors.  Founded by Joy Schoffler, a well-known and highly visible participant in the emerging industry of… Read More

April 4, 2017 @ 7:50 am By JD Alois  |  

As the UK moves forward with the separation from Europe, government officials are looking beyond Europe to improve bilateral relationships to improve trade and other areas. As Fintech is an emerging industry that is vital to the future of Great Britain, it simply makes sense… Read More

April 3, 2017 @ 10:29 pm By JD Alois  |  

    Israel Secondary Fund (ISF) has completed the closing of ISF II, a $100 million secondary fund. According to the ISF, investors in ISF II include Israeli and global institutional investors, family offices, and high net worth investors. Institutional investors in the fund include… Read More

April 3, 2017 @ 2:33 pm By JD Alois  |  

Revolut is a prominent member of the growing legion of digital only challenger banks.  The app-based bank previously crowdfunded £1 million on Crowdcube as part of a larger funding round in 2016. Revolut has raised about £15 million to get the platform up and running… Read More

April 3, 2017 @ 11:46 am By JD Alois  |  

PeerIQ is reporting on the Q1 2017 alternative lending markets and, according to their numbers, marketplace lending securitization is a “bright spot” in the ABS market with total issuance topping $2.9 billion this quarter. PeerIQ says that deal sizes continue to grow and all deals… Read More

April 3, 2017 @ 10:41 am By JD Alois  |  

The Securities and Exchange Commission has scheduled its Equity Market Structure Advisory Committee for April 5 beginning at 9:30 AM ET.   The meeting will include updates from the four subcommittees, including presentations from the Regulation NMS subcommittee on Rule 611 and the Trading Venues… Read More

April 3, 2017 @ 10:26 am By JD Alois  |  

The North Carolina Providing Access to Capital for Entrepreneurs and Small business Act (NC PACES Act) was signed into law in July 2016. Final rules were adopted on March 31, 2017 and were filed with the NC Codifier of Rules on the same day. Subsequently, the rules… Read More

April 3, 2017 @ 9:54 am By JD Alois  |  

It is a truism that increasing competition in the banking sector will benefit both consumers and businesses. Yet high hurdles remain in place for emerging Fintech companies to challenge established financial firms such as banks. FinTech Australia, the advocacy group promoting all things Fintech related,… Read More

April 3, 2017 @ 8:45 am By JD Alois  |  

Global Debt Registry (GDR), a loan validation platform for institutional investors, has added leading online lending platform, Prosper Marketplace to its verification network. GDR says the partnership will enable Prosper investors access to their due diligence tools to ensure loan data integrity. Prosper successfully piloted… Read More

April 3, 2017 @ 8:31 am By JD Alois  |  

Berlin-based ecoligo, a crowdfunding startup for solar projects in emerging markets, has opened to investors today with an offer to back a 66 kWp solar installation for a flower farm in Thika, Kenya. ecoligo is seeking a total investment of €107,000 that will fund the… Read More