January 29, 2017 @ 9:08 pm By JD Alois  |  

Earlier this month, Ireland sent a delegation of public officials to visit Hong Kong and advocate on behalf of the country as a “gateway” for China to the European market.  The delegation participated in the 10th Asian Financial Forum. Eoghan Murphy TD, Minister of State for… Read More

January 29, 2017 @ 2:52 pm By JD Alois  |  

The European Crowdfunding Network (ECN), a pan-European alternative finance advocacy group, is asking members to participate regarding input on the Capital Markets Union.  Specifically, the ECN will be working with the Directorate‑General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) regarding input on… Read More

January 29, 2017 @ 11:00 am By JD Alois  |  

Singapore-based MC Payments has acquired a controlling stake in Genesis Payment Solutions.  Genesis is a company that is used by Alipay, part of Alibaba, to acquire merchant accounts on its behalf. Genisis helps retailers process payments from Chinese tourists using Alipay – the country’s leading… Read More

January 29, 2017 @ 10:07 am By JD Alois  |  

As part of its efforts to achieve a Capital Markets Union (CMU), the European Commission has launched a public consultation on the planned CMU mid-term review. This consultation offers an opportunity for stakeholders to provide targeted input to complement and advance actions put forward in… Read More

January 27, 2017 @ 8:12 am By JD Alois  |  

The advent of online lending has become a powerful vehicle for providing access to credit for many thousands of businesses and individuals. No longer do you have to take a trip to the corner bank to complete reams of forms only to be told sorry,… Read More

January 26, 2017 @ 3:49 pm By JD Alois  |  

The UK has been the reigning king of Fintech for several years now. But it is lonely at the top and several countries are seeking to usurp the UK’s Fintech dominance. Add Brexit fallout and the UK has a battle on its hands. Of course,… Read More

January 26, 2017 @ 12:21 pm By JD Alois  |  

LendingRobot has officially launched their next big vertical: a Robo-Hedge Fund for alternative lending. Crowdfund Insider initially wrote about the forthcoming Robo-fund when we uncovered an SEC filing for a pooled investment vehicle last November. While the filing became public at that moment, the “LendingRobot… Read More

January 26, 2017 @ 9:45 am By JD Alois  |  

China’s richest man, Jack Ma, has boosted his USA presence with the acquisition of MoneyGram (NASDAQ: MGI) – a Dallas-based money transfer service. Ant Financial Services Group, part of the fast-growing Alibaba Group and parent of AliPay, has entered into a definitive agreement to purchase MoneyGram at… Read More

January 26, 2017 @ 8:33 am By JD Alois  |  

The European Parliament has published a report entitled: Crowdfunding in Europe – Introduction and State of Play. The short document is basically a synopsis on the status of crowdfunding in Europe. The report notes that while crowdfunding has grown rapidly, much of this growth has occurred in… Read More

January 25, 2017 @ 11:00 pm By JD Alois  |  

The current Governor of the Bank of England, Mark Carney, has engendered much respect from the land of Fintech. An unabashed supporter of the potential for financial innovation to improve financial services for all, Carney has periodically addressed the subject of Fintech with pointed speeches…. Read More

January 25, 2017 @ 9:57 pm By JD Alois  |  

Credit China Fintech has started 2017 with a blitz of deals.  Today Credit China Fintech announced a $30 million deal with BitFury group and the establishment of a joint venture focusing on the China market. BitFury Group is a leading Bitcoin and private Blockchain infrastructure… Read More

January 25, 2017 @ 4:17 pm By JD Alois  |  

The other day Crowdfund Insider shared that Fundrise was preparing for its “Greatest Innovation Yet”, today we may have a bit more information. Fundrise is going to crowdfund itself. True to form, the real estate marketplace will use Reg A+ to raise capital and offer equity… Read More

January 25, 2017 @ 1:22 pm By JD Alois  |  

The 2017 World Economic Forum held in Davos, Switzerland last week, will soon become a distant memory as participants and observers jet back to their day jobs. But one of the interesting topics tackled as the seminal gathering was the emerging environment of financial innovation… Read More

January 25, 2017 @ 10:11 am By JD Alois  |  

Breathometer, the “world’s first smartphone breathalyzer”, raised $138,437 on Indiegogo back in 2013. The following year, Breathometer visited the studios of Shark Tank where founder Charles Michael Yim “blew the sharks out of the water.” He asked for a mere $250,000.  And what happened? All… Read More

January 25, 2017 @ 8:56 am By JD Alois  |  

Fintech firm AutoGravity launched its auto finance platform today allowing consumers the ability to access auto loans from across 46 different states. The app-based service is said to provide personalized loan or lease offers “within minutes,” thus removing a painful part of the car purchase… Read More

January 25, 2017 @ 8:20 am By JD Alois  |  

EstateGuru, a real estate crowdfunding platform based in Estonia, has added an Auto Invest feature to its investing marketplace. The new feature was said to be launched due to investor demand. The application is pretty straightforward. Following activation, Auto Invest will allocate resources based on… Read More

January 25, 2017 @ 1:30 am By JD Alois  |  

loanDepot challenges the status quo of traditional banking every day. loanDepot has just achieved an impressive milestone.  In the past 7 years since platform launch, loanDepot has now funded $100 billion in home, personal and home equity loans making it a top-five retail mortgage lender… Read More

January 24, 2017 @ 9:36 pm By JD Alois  |  

Tackling the exit challenge head on, investment crowdfunding platform StartEngine has announced the creation of a secondary market to buy and sell shares in Reg CF and Reg A+ securities. Reg CF, created by Title III of the JOBS Act, allows issuers the ability to… Read More

January 24, 2017 @ 6:10 pm By JD Alois  |  

While it should come as no surprise that Tilt (née CrowdTilt) is on the auction block the suitor sounds a bit odd. Tilt is reportedly in talks with AirBnb to be purchased by the iconic home-sharing platform. First reported by TheInformation, Tilt has been pegged at… Read More

January 24, 2017 @ 1:12 pm By JD Alois  |  

Real estate crowdfunding platform RealtyShares has announced that over $300 million in real estate finance has been raised on its crowdfunding platform. During the fall of 2016, RealtyShares announced they had topped $200 million indicating solid growth in the past several months.  Serving both institutional… Read More