January 20, 2017 @ 10:53 am By JD Alois  |  

OTC Markets’ OTCQX – or their best marketplace – is celebrating its 10th anniversary of operations. While OTC Markets’ lineage dates back to 1913, their “elite tier” of traded securities remains a pre-teen. Modeled after the London Stock Exchange’s successful AIM market, OTCQX was created… Read More

January 20, 2017 @ 8:50 am By JD Alois  |  

Linked Finance, an Irish peer to peer lending platform, has signed an agreement with Eiffel Investment Group to back Irish SME loans.  The partnership was spawned in part by Linked Finance’s rapid growth of 132% over the past 6 months. Eiffel Investment Group will contribute… Read More

January 20, 2017 @ 8:02 am By JD Alois  |  

Entrepreneurial Scotland’s Saltire Fellowship program has opened for applications for its 2017/2018 program. The Fellowship is an intensive leadership development opportunity for Scotland’s most ambitious and entrepreneurially-minded individuals. Entrepreneurial Scotland’s Chief Executive, Sandy Kennedy, commented on the program; “The current landscape is changing both nationally… Read More

January 20, 2017 @ 7:46 am By JD Alois  |  

Barcelona-based clean energy startup Smalle Technologies, a company that wants to market a wave-powered electricity generator for buoys, has closed a €240,550 investment round on Crowdcube Spain. This is the third funding round for the University of Barcelona spin-off. In total, 157 people invested with… Read More

January 19, 2017 @ 4:13 pm By JD Alois  |  

Yesterday we reported the UK P2PFA Q4 2016 peer to peer lending numbers showed solid growth for online lending. Today we have numbers from OFF3R that captures the activity of 9 UK peer to peer lending platforms. According to the OFF3R Index, p2p lending grew by… Read More

January 19, 2017 @ 12:43 pm By JD Alois  |  

Wefunder Leads Reg CF Crowdfunding Space in Both Successful Funding Rounds and Total Raised. Once Title III of the JOBS Act (Reg CF) became actionable, Wefunder jumped out of the gate and never looked back. In fact, Wefunder’s founders lobbied Congress to legalize investment crowdfunding…. Read More

January 19, 2017 @ 10:43 am By JD Alois  |  

Indiegogo’s push into investment crowdfunding is working out pretty well so far. In the first two months of operation, Indiegogo has helped five different companies raise growth capital under Reg CF. In a partnership with MicroVentures, Indiegogo’s First Democracy VC has raised $1.4 million with… Read More

January 19, 2017 @ 10:25 am By JD Alois  |  

While real estate crowdfunding holds much promise, risk remains. France, home of multiple real estate crowdfunding platforms, has just experienced its first big loss. According to a report in Capital, real estate developer Terlat has used two crowdfunding platforms to finance projects. Terlat has leveraged… Read More

January 19, 2017 @ 8:28 am By JD Alois  |  

Assiteca Crowd, a Consob regulated investment crowdfunding platform in Italy, is launching a sister crowdfunding platform to enable donations. Assiteca Crowdonor will launch on January 26th with the “Most Beautiful Villages in Italy” campaign. The agreement was signed with the company “Borghi Services and Environment” and… Read More

January 19, 2017 @ 8:10 am By JD Alois  |  

Record Year for Assetz Capital as £108 Million lent to Small Business in 2016. Assetz Capital, a peer-to-peer lending platforms, has announced having originated £200 million in loans since launching in 2013. The alternative finance platform targets small and medium-sized UK businesses and also helps property… Read More

January 18, 2017 @ 6:07 pm By JD Alois  |  

Credible, a multi-lender marketplace for student and personal loans, has closed on a $10 million Series B funding round.  The newest round brings total funding to $23 million to date for the young Fintech firm. The series B funding round was led by Regal Funds… Read More

January 18, 2017 @ 5:47 pm By JD Alois  |  

lending clubLending Club (NYSE:LC) has filed an 8-K regarding an investor update from the company’s Chief Investment Officer Siddhartha Jajodia. The letter includes an update on expected delinquency rates across the existing loan portfolio following changes made several times in 2016, and implemented additional changes… Read More

January 18, 2017 @ 4:13 pm By JD Alois  |  

Sharestates, a real estate crowdfunding platform, has hit $275 million in loans since platform launch in 2015.  The milestone makes Sharestates one of the largest online real estate investment platforms of its kind.  Sharestates said the December 2016 was the most active month in the… Read More

January 18, 2017 @ 1:40 pm By JD Alois  |  

Lemonade, the Insurtech company that wants to be your preferred insurance provider, has just published a report on their first quarter of operations. Note that Lemonade is only operating in the state of New York right now but they have plans to expand across the… Read More

January 18, 2017 @ 1:14 pm By JD Alois  |  

Ant Financial Joins UNEP Sustainable Finance Initiative Ant Financial has signed the “Declaration on Environment and Sustainable Development” and joined the United Nations Environment Programme Sustainable Finance Initiative as a full member of the organization. In fact, China Merchants Bank and Industrial and Commercial Bank… Read More

January 18, 2017 @ 9:21 am By JD Alois  |  

Lending Club (NYSE: LC), the leading US marketplace lending platform,  will issue its Q4 earnings report on Tuesday, February 14, 2017, after market close. Lending Club will host a conference call to discuss the fourth quarter financial results at 2:00 p.m. PT / 5:00 p.m. ET on… Read More

January 18, 2017 @ 9:06 am By JD Alois  |  

The Crowd Data Center is out with a report stating that seed crowdfunding is more effective in delivering more money to businesses than the UK government’s program: 40% more funding in 2016 than the government funded Startup Loans scheme. The Crowd Data Center has collected… Read More

January 18, 2017 @ 8:03 am By JD Alois  |  

Fourth Quarter UK Peer to Peer Lending Hits £844 Million The UK Peer to Peer Finance Association (P2PFA) has published Q4 data for both SME and consumer lending. The P2PFA said “fourth quarter of 2016 has demonstrated continued growth, with the expansion in lending volumes… Read More

January 17, 2017 @ 5:32 pm By JD Alois  |  

    I expect to see more of these comment letters as battle lines have clearly been drawn regarding the debate on the proposed Office of the Comptroller of the Currency (OCC) Fintech Charter. In brief, the OCC has proposed crafting a Fintech Charter for… Read More

January 17, 2017 @ 4:10 pm By JD Alois  |  

Here is a list that Cleveland can be proud to be a part of, and not only that, it is at the top! HomeUnion, a new online real estate management platform that helps landlords invest in property and then rent it out, has published their… Read More