February 15, 2017 @ 8:40 pm By JD Alois  |  

Singapore-based CapBridge Investment Trust (CIT) is a rules-based investment trust for private securities that has just launched. Recently incubated in the Clearbridge Accelerator in Singapore, the new firm is designed to help companies raise capital globally by driving institutional and accredited money into VC-like investments…. Read More

February 15, 2017 @ 3:38 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance at University of Cambridge Judge Business School, Australian Centre for Financial Studies at Monash University and Tsinghua University Graduate School at Shenzhen have teamed up to launch the 2016-2017 Asia-Pacific Region Alternative Finance Industry Survey.  The consortium has gained the… Read More

February 15, 2017 @ 10:04 am By JD Alois  |  

Bond Street, an online small business lender, has announced that investment bank Jefferies Group has tripled its loan purchase commitment to $300 million. Back in 2015, Jefferies committed to $100 million in loan purchases. The increase by Jefferies represents a solid endorsement of the Bond Street platform and a… Read More

February 15, 2017 @ 9:29 am By JD Alois  |  

Indie Crowd Funder, a crowdfunding platform set up to provide equity capital for films and entertainment, has seen solid progress on their Raven Fund 1. Using Tier 2 of Reg A+, Raven Fund 1 has now garnered over $43 million in investor interest. Crowdfund Insider… Read More

February 15, 2017 @ 7:54 am By JD Alois  |  

Peer to peer trading platform, Asset Match, is out with some research on the demand for a secondary market for alternative securities. Asset Match is a London-based platform that enables shareholders to trade shares in unlisted companies. According to Asset Match, nearly two million UK… Read More

February 14, 2017 @ 4:59 pm By JD Alois  |  

Lending Club (NYSE:LC) has reported Q4 2016 earnings along with forward-looking statements for 2017. Lending Club reported that loan originations in Q4 of 2016 were $1.99 billion, or 1% higher compared to the $1.97 billion reported in Q3 of 2016 and down 23% compared to $2.58 billion in the… Read More

February 14, 2017 @ 4:26 pm By JD Alois  |  

Lending Club (NYSE:LC), the largest marketplace lending platform in the US, has reported Q4 results alongside full year numbers. Loan originations in Q4 of 2016 were $1.99 billion, up 1% compared to the $1.97 billion reported in Q3 of 2016 and down 23% compared to $2.58 billion in the… Read More

February 14, 2017 @ 12:54 pm By JD Alois  |  

Publicly traded company iRobot Corp. (NASDAQ: IRBT) has joined leading crowdfunding platform OurCrowd in funding Intuition Robotics. This investment brings the total funding in Intuition Robotics to $6 million across various funding channels. Intuition Robotics said it would open its U.S. Headquarters in Silicon Valley this… Read More

February 14, 2017 @ 11:55 am By JD Alois  |  

Ohio is next on the list to consider intrastate crowdfunding legislation. If the current bill passes (HB 10), Ohio will join 30+ states that have already signed legislation into law that allows for raising capital online for businesses based in their states. Today, issuers have… Read More

February 14, 2017 @ 10:38 am By JD Alois  |  

OfferBoard, an investment crowdfunding platform operating under Title II of the JOBS Act, has been acquired by Entoro Group. Entoro is a new combination of Clearinghouse Securities and OFSCap LLC. Entoro announced the acquisition today stating the move was designed to enhance its distribution of energy-related… Read More

February 14, 2017 @ 8:23 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced regulatory changes to boost the resilience of finance companies and enhance their ability to provide financing to small and medium-sized enterprises (SMEs). The financial regulator said that some finance companies fill an important niche in providing access… Read More

February 14, 2017 @ 6:23 am By JD Alois  |  

Mosaic, a US provider of solar loans for homeowners, has completed their first securitization of solar loans. The Mosaic Solar Loans 2017-1 transaction (“MSAIC 2017-1”) resulted in proceeds of $138.95 million and received a “Green Bond” designation based on the standards published by the International… Read More

February 13, 2017 @ 10:33 pm By JD Alois  |  

Platforms controlled by Beijing Qiyuan Fortune Network Technology Co. are in a tight spot as an executive is accused of mismanagement and has reportedly disappeared. According to a report in China News, the following peer to peer lending platforms; cmtouzi.com, naipinglicai.com, zaodianlicai.com, wanerjialicai.com, qianguan360.com, lexinglicai.com, xjinfu.com… Read More

February 13, 2017 @ 10:18 pm By JD Alois  |  

In the online lending world, there are a handful of people that know everything that is going on. From the good to the not so good, their vantage point is unique. Ram Ahluwalia, CEO and co-founder of PeerIQ, is one of these individuals. Ahluwalia launched PeerIQ in… Read More

February 13, 2017 @ 4:02 pm By JD Alois  |  

Equitise is an investment crowdfunding platform set up to operate in New Zealand and Australia. While New Zealand created a bespoke regulatory regime to allow equity crowdfunding to evolve some time ago, Australia has struggled to enact new rules. This week, the Australian Senate published… Read More

February 13, 2017 @ 3:34 pm By JD Alois  |  

NCFA Canada Focuses on Innovation Finance and Fintech Trailblazers from Across the Country. The National Crowdfunding Association of Canada (NCFA Canada) will be holding its third annual Canadian Crowdfunding Summit (CCS2017) in Toronto this month. The event opens on February 28th and continues for a… Read More

February 13, 2017 @ 1:34 pm By JD Alois  |  

All lending is inevitably moving online. It just makes sense. Online lending can provide a far better and faster experience for consumers and businesses while financial firms can reduce exposure to physical locations ( plus employees) and associated costs. Yet some in the industry are… Read More

February 13, 2017 @ 11:24 am By JD Alois  |  

Venture capital firm Draper Esprit (AIM: GROW, ESM: GRW) has appointed Nicola McClafferty to the Dublin office. She will join Brian Caulfield as the VC seeks to identify the next generation of Irish tech firms poised for success. McClafferty was most recently CEO of  Covetique.com, a… Read More

February 13, 2017 @ 10:59 am By JD Alois  |  

Today the Australian Senate published a report on the Corporation Amendment or Crowd-Sourced Funding Bill – the legislation designed to improve the investment crowdfunding sector in Australia. The provisions of the bill were referred to the Economics Legislation Committee. The committee recommended that the bill… Read More

February 13, 2017 @ 8:47 am By JD Alois  |  

Spanish Natural Tea Maker Raises €161,261 on Crowdcube Spain Kailani Ice Tea has successfully raised €161,261 on Barcelona-based crowdfunding platform Crowdcube Spain.  According to Crowdcube, 106 individual investors purchased a 19.9% stake in the company to complete the funding round. Kailani is described as a refreshing,… Read More