March 13, 2017 @ 9:23 am By JD Alois  |  

Less than a week after Japan inked an agreement to partner with the Financial Conduct Authority in the UK, the Financial Services Agency (FSA) in Japan has announced a cooperation framework with the Monetary Authority of Singapore (MAS). Similar to other existing arrangements by MAS,… Read More

March 13, 2017 @ 8:27 am By JD Alois  |  

A new report by the Startupbootcamp FinTech London program and PwC states that Fintech startups are increasingly focusing on building artificial intelligence and its potential to solve customer problems. The report says there has been a change in culture over the past year in the Fintech… Read More

March 13, 2017 @ 2:46 am By JD Alois  |  

Businessagent and Crowdrating have partnered join forces to provide UK equity crowdfunding risk ratings. The new joint venture was said to represent a “significant step forward” in transparency for UK crowdfunding. Businessagent is an FCA regulated equity crowdfunding and peer-to-peer aggregator. Crowdrating provides independent research and… Read More

March 12, 2017 @ 9:18 pm By JD Alois  |  

Michigan-based startup Autobooks has raised $5.5 million in venture funding. This follows an earlier $2 million seed funding round. Draper Triangle Ventures led the funding joined by strategic investor the Lansing-based Michigan Credit Union League. Autobooks provides an integrated receivables platform that works together with… Read More

March 12, 2017 @ 9:00 pm By JD Alois  |  

Innovate Finance, the group that champion’s Fintech innovation in the UK and around the world, has shared the opinion of their Policy and Research Team on the Chancellor of the Exchequer, Phillip Hammond’s Spring Budget. Innovate Finance said they were pleased with the announcement that technical… Read More

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

The Sinclair ZX Spectrum Vega Plus Console crowdfunding campaign on Indiegogo may win the award for most melodramatic campaign ever. From the delays to lawsuits and the inevitable demands for refunds – it’s all here. Launched in 2016, Retro Computers and Sir Clive Sinclair –… Read More

March 12, 2017 @ 6:05 pm By JD Alois  |  

Entrepreneurship and the creation of small business is vital to the economic growth of the country and the welfare of the nation. This is a simple, indisputable fact. Yet too frequently, small business and entrepreneurs get pushed to the side as policymakers and regulators focus… Read More

March 12, 2017 @ 3:49 am By JD Alois  |  

  F10, a Switzerland-based Fintech incubator and accelerator, has added three new corporate members: Baloise Group, Generali Group Switzerland and eny Finance. The three new members specialize in insurance, pensions, and financing. F10 also announced that applications for the third round of its successful P2… Read More

March 11, 2017 @ 3:24 pm By JD Alois  |  

The Bats BZX Exchange filed a proposed rule change to list and trade shares of the Winklevoss Bitcoin Trust. Yesterday, the SEC issued an order denying the request thus halting what could have been the first ETF designed to track Bitcoin. The news jarred the… Read More

March 11, 2017 @ 1:38 pm By JD Alois  |  

OFF3R, a UK based aggregator of alternative finance platforms, has released an updated interface that allows investors to easily compare investment opportunities from over 40 different platforms. The new site lets users apply filters and sorting to bring forward the most relevant opportunities across equity… Read More

March 11, 2017 @ 10:56 am By JD Alois  |  

Crowdfunding platform Republic hosted a “mixer” event to help educate companies considering raising capital online. The event included the participation of Georgia Quinn, a Senior Contributor to Crowdfund Insider, who is also the CEO and co-founder of iDisclose – an online tool designed to streamlined… Read More

March 10, 2017 @ 12:17 pm By JD Alois  |  

LendItUSA, the annual event that jumps between New York City and San Francisco everu 12 months, opened up to larger audiences and an industry sector that endured a challenging year. The online lending sector received a two-punch assault in 2016; a battle that left the… Read More

March 10, 2017 @ 8:21 am By JD Alois  |  

SuperCharger FinTech Accelerator 2.0 Demo Day is scheduled to take place on the trading floor of the Hong Kong Exchange early next month. Each of the companies will demo their product and share the progress they have made in the past few weeks. SuperCharger FinTech Accelerator… Read More

March 10, 2017 @ 7:55 am By JD Alois  |  

PwC’s Accelerator has published the first edition of their SME Equity Financing Atlas.  According to their data, equity investments in SMEs have been growing steadily over the last years. The main drivers are the accumulation of capital in investor’s hand, new technologies and low-interest rates…. Read More

March 10, 2017 @ 7:12 am By JD Alois  |  

The subcommittee on Capital Markets, Securities, and Investments, part of the House Financial Services Committee, has scheduled a hearing to review the JOBS Act: the law the created the various iterations of investment crowdfunding. The hearing entitled, “The JOBS Act at Five: Examining Its Impact… Read More

March 9, 2017 @ 6:47 pm By JD Alois  |  

Chief Deputy Whip Patrick McHenry, Vice Chairman of the House Financial Services Committee, and Senator Heidi Heitkamp both released comments on H.R. 1219 / S 444. The Supporting America’s Innovators Act of 2017 amends an exemption under the Investment Company Act of 1940 by increasing… Read More

March 9, 2017 @ 5:04 pm By JD Alois  |  

The House Financial Services Committee (HFSC) approved six bills today, each designed to improve the environment for small business. All of these bills had previously passed the Committee in a prior iteration. Several had been approved by the full House. HFCS Chairman Jeb Hensarling commented… Read More

March 9, 2017 @ 12:37 pm By JD Alois  |  

Viva Republica, a Fintech startup that provides a P2P money transfer service called Toss, has received a $48 million investment from PayPal (NASDAQ: PYPL), Goodwater Capital, Bessemer Venture Partners, Altos Ventures and Partech Ventures. Toss had previously raised $29 million in earlier funding. The young company… Read More

March 9, 2017 @ 12:07 pm By JD Alois  |  

Money20/20, one of the world’s largest Fintech events, is gearing up for the inaugural Money20/20 Asia.  At a recent press event, Philip Thomas, CEO, Ascential Events, outlined why Singapore had been selected as a host city for the first ever Money20/20 event. Thomas said that… Read More

March 9, 2017 @ 9:25 am By JD Alois  |  

Marvelstone Group, the private investment group behind Fintech hub LATTICE80, has signed a memorandum of understanding with the Government of Andhra Pradesh in India to open the first LATTICE80 location outside of Singapore. Headquartered in Singapore, Marvelstone is a private investment group that develops specialized investment… Read More