March 16, 2017 @ 9:04 am By JD Alois  |  

The Monetary Authority of Singapore (MAS), has proposed a limitation on the usage of coins for payment of goods and services. Recognizing the waning importance of coin-based currency, MAS pitched new legal tender limits as follows: A legal tender limit of 10 coins per denomination… Read More

March 16, 2017 @ 8:54 am By JD Alois  |  

Yirendai Ltd. (NYSE:YRD), a prominent online lender in China, announced its unaudited financial results for the quarter and full year ended December 31, 2016. Folowing the release, shares moved lower in pre-market trading. In Q4 of 2016, Yirendai reported it had facilitated 194,505 investors with total… Read More

March 16, 2017 @ 8:18 am By JD Alois  |  

Tennis star Andy Murray has revealed his next batch of investments into UK early stage companies. The three companies, each listed on Seedrs, include; MacRebur, VPAR and Bijou Commerce. Murray is an advisor to the equity crowdfunding platform and has publicly promoted his investments in… Read More

March 16, 2017 @ 7:52 am By JD Alois  |  

At South by Southwest (SXSW) this week, Visa unveiled contactless payment sunglasses.  The glasses incorporate the technology created by a “Sydney surfer startup founder” who is part of the Australian Fintech scene. Visa shared the WaveShades sunglasses at SXSW to an international audience. The back… Read More

March 15, 2017 @ 10:31 pm By JD Alois  |  

The Securities and Exchange Commission recently ordered a temporary suspension of a company attempting to raise capital under Reg A+. Web Debt Solutions first filed a Form 1-A with the SEC back in July 2016. The Offering Circular associated with the initial filing stated: Web Debt… Read More

March 15, 2017 @ 1:05 pm By JD Alois  |  

Reg A+, a securities exemption that was improved under the JOBS Act, has been touted as the solution to the dearth of IPOs in the US. But issuers are still working to figure out the best avenue to raise capital and then publicly trade shares…. Read More

March 15, 2017 @ 8:39 am By JD Alois  |  

Lendix has opened its platform to Italian investors. Following the launch in Spain, Lendix, a leading online lender targeting the SME sector, expects to issue its first loans in Q2 of 2017.   Yes, we are open ! Sì, siamo aperti ! Oui, nous sommes… Read More

March 15, 2017 @ 2:55 am By JD Alois  |  

Early stage companies need funding to launch and grow. That is a fact. But early stage companies are the riskiest of firms and thus unable to attract debt or bank financing. The solution is to ask friends, families and, perhaps, angel investors to provide equity… Read More

March 15, 2017 @ 1:30 am By JD Alois  |  

Seedrs is preparing for a major strategic push this year as it seeks to hit “aggressive growth targets.”  In advance of the expected expansion, Seedrs has appointed two executives to add fire-power to the management team. Seedrs has appointed, Jeff Kelisky as COO – a… Read More

March 15, 2017 @ 12:26 am By JD Alois  |  

Revolut is a digital only challenger bank that does far more than a traditional bank at a lower cost. Lending Works is a new world online lender that streamlines the borrowing process at a lower cost without having to stomp down to your corner branch…. Read More

March 14, 2017 @ 7:45 pm By JD Alois  |  

  The Australasian rewards-based crowdfunding platform Pozible has joined the Certified B Corp movement. Pozible, the largest platform of its kind in Australia,  has announced is is joining a growing group of businesses that believe in generating a positive impact on the world and “durable prosperity… Read More

March 14, 2017 @ 1:30 pm By JD Alois  |  

Originally scheduled to take place tomorrow (March 15, 2017), the Hearing entitled “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. Capital Markets”, hosted by the Subcommittee on Capital Markets, part of the House Committee on Financial Services, has been… Read More

March 14, 2017 @ 10:04 am By JD Alois  |  

VentureFounders, a crowdfunding platform that targets sophisticated investor, has surpassed £40 million in funding after 2 years of operation.  The company explains that 85% of the portfolio has the backing of venture capital firms and that 87% of all issuers listed on the site have… Read More

March 14, 2017 @ 8:58 am By JD Alois  |  

Stockholm Fintech Hub launched in late 2016, now has a permanent home in No18.  The new space will act not just as a collaborative workspace but will also allow Fintech companies to hold events. “Over the last 6 months, we have looked at many potential… Read More

March 14, 2017 @ 8:40 am By JD Alois  |  

Calcus.com, described as the leading native advertising platform in Finland, is crowdfunding on Invesdor. brings native advertising to SMEs. Calcus reached a €3 million turnover and 17% EBITDA in 2016. The company seeks to boost growth with mergers and acquisitions, for which it is currently raising… Read More

March 14, 2017 @ 5:00 am By JD Alois  |  

ID Finance has integrated with Blackmoon and is now executing investment transactions via the Russian online lending platform. ID Finance is a data science, credit scoring and “nonbank digital lending as an application” provider. ID Finance has is currently operating in Russia, Kazakhstan, Georgia, Poland, Spain and Brazil…. Read More

March 13, 2017 @ 11:22 pm By JD Alois  |  

Misys, a financial service software provider, and D+H (TSX: DH), another financial technology provider, are poised to merge and thus create a “diversified Fintech market leader” with a global footprint providing financial services software with an estimated revenue of $2.2 billion.  The announcement came today… Read More

March 13, 2017 @ 5:00 pm By JD Alois  |  

It is a fact that many people still do not have any idea as to how crowdfunding operates. To combat this issue, Krowdster and Eli Regalado, a crowdfunding expert, have launched a weekly webinar series during which attendees pose questions they may have about crowdfunding. During… Read More

March 13, 2017 @ 12:11 pm By JD Alois  |  

Global Debt Registry (GDR), a company that provides loan data validation expertise, has announced the addition of online lending platform Avant to its verification network. Avant offers access to unsecured personal loans ranging from $1,000-$35,000 with funding as soon as the next business day. The online lender… Read More

March 13, 2017 @ 11:31 am By JD Alois  |  

Crowdfund Insider reported on the forthcoming House Financial Services Committee hearing on the JOBS Act last week and today the list of witnesses has been revealed. The hearing entitled, “The JOBS Act at Five: Examining Its Impact and Ensuring the Competitiveness of the U.S. Capital… Read More