January 17, 2017 @ 3:49 pm By JD Alois  |  

Theresa May was selected to manage the profound ramifications of the Brexit decision. While many questions remain, her actions will impact the UK economy for many years – perhaps generations. May, outlined her vision for exiting the UK on January 2017.  Her speech highlighted her… Read More

January 17, 2017 @ 2:18 pm By JD Alois  |  

SoFi expects the online mortgage origination industry to be a big portion of their business. In fact, they expect mortgages to experience the fastest growth of any of their products to date. National Mortgage News shared some comments from SoFi management including Chief Revenue Officer… Read More

January 17, 2017 @ 12:32 pm By JD Alois  |  

Financial Innovation Now (FIN) has sent a letter to the Office of the Comptroller (OCC) of the Currency in support of the OCC’s initiative to support Fintech innovation. FIN is an alliance of big tech including; Apple, Amazon, PayPal, Intuit and Google (Alphabet). As big… Read More

January 17, 2017 @ 11:19 am By JD Alois  |  

Yoyo, a mobile wallet platform, has announced the launch of its new AI-led, marketing automation platform, Yoyo Engage.  YoYo, a member of UK based Innovate Finance, made the announcement while at Davos as part of Innovate Finance Fintech delegation. Yoyo Engage is said to help… Read More

January 17, 2017 @ 8:39 am By JD Alois  |  

Marketplace lending platform Lendix has landed in Italy. The Paris-based operation has announced the appointment of Sergio Zocchi as CEO.  Lendix said that Zocchi has over 20 years experience in high-tech and finance as he leads the local Lendix team based in Milan. Lendix said… Read More

January 16, 2017 @ 4:47 pm By JD Alois  |  

Loan Frame, an online lender providing access to capital in India, has raised $2.25 million. According to the India Times, the funding round was led by Parag Saxena, co-founder of Vedanta Capital and William Campbell, former chairman of Visa International. Additional investors included Toos Daruvala, co-chief executive… Read More

January 16, 2017 @ 2:22 pm By JD Alois  |  

Seedrs delivered a record year of crowdfunding. In an end of the year recap, Seedrs quantified their accomplishments including: £85 million invested in 159 different deals 45,000 individual investments were made during 2016 from 65 different countries FreeAgent, a company that raised £1.2 million Seedrs… Read More

January 16, 2017 @ 9:18 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) is in the midst of a research push. The CCAF is in the midst of not one, but three different surveys on the alternative finance ecosystem. Late last year, the CCAF announced a unique partnership with the Financial… Read More

January 16, 2017 @ 7:50 am By JD Alois  |  

Venture Capital investment into European companies increased in Q4 in comparison to Q3 2016 and the same quarter year prior. This is according to Dow Jones European Venture Capital Report that described Q4 as a “rebound”. Dow Jones tallied 19 European venture capital funds raising €1.60… Read More

January 16, 2017 @ 7:32 am By JD Alois  |  

Squirrel, a personal finance app designed to help users have more control over their money, will raise £400,000 on SyndicateRoom. The platform reported that experienced angel investor Jos Evans will be the lead investor on the funding round having committed £100,000 to Squirrel. SyndicateRoom members… Read More

January 15, 2017 @ 4:29 pm By JD Alois  |  

Mark Elenowitz, CEO and founder of Tripoint Global Equities, is a firm believer in the potential of Regulation A+.  The updated securities exemption, improved under the JOBS Act, enables companies to raise up to $50 million from both accredited and non-accredited investors. Typically most early… Read More

January 15, 2017 @ 3:42 pm By JD Alois  |  

Apparently, the slowdown and consolidation of the Chinese peer to peer lending industry is having an impact on the real estate market. Colliers International is reporting that Shanghai Grade A office space experienced a rise in average vacancy due to the widespread withdrawal from peer to peer… Read More

January 15, 2017 @ 3:10 pm By JD Alois  |  

Better late than never, the National Economic Council, part of the Obama Administration’s White House, has published a “Framework for Fintech” outlining their principles for policy on financial innovation. Adrienne Harris, a Special Assistant to the President for Economic Policy and Alex Zerden, a Presidential… Read More

January 15, 2017 @ 2:13 pm By JD Alois  |  

Investment crowdfunding platform Seedrs has partnered with InteBridge Venture Capital to host the upcoming China Innovation & Entrepreneurship International Competition (IEIC). The two companies have joined to launch the UK division of the IEIC competition where £1 million of equity free capital will be awarded. The… Read More

January 14, 2017 @ 5:23 pm By JD Alois  |  

  The Office of the Comptroller of the Currency is still accepting comments on the proposed Fintech Charter for financial firms looking to operate with a federal charter. The deadline was initially set for January 15th but one report says the OCC has pushed the… Read More

January 13, 2017 @ 5:08 pm By JD Alois  |  

The Dodd–Frank Wall Street Reform and Consumer Protection Act has become an iconic act of legislation for the Democratic party. Not because it is good legislation but because its demise represents a profound retrenchment of what they fought so hard to accomplish. This is a… Read More

January 13, 2017 @ 12:19 pm By JD Alois  |  

Med-X, a marijuana-based startup, is engaged in a public hearing this month before Administrative Law Judge Jason S. Patil. The hearings pertain to an attempt to raise capital that was described as the first ever Reg A+ investment crowdfunding round for the Cannabis industry. The proceedings are… Read More

January 13, 2017 @ 11:42 am By JD Alois  |  

In a discouraging sign, investment in venture capital backed companies tanked in Q4 of 2016. This is according to the PwC / CBInsights MoneyTree Report. Both deals and dollars sagged, 16% and 20% respectively. The report said the global market experienced a similar decline with… Read More

January 12, 2017 @ 10:20 pm By JD Alois  |  

Investors from both Canada & USA May Purchase Shares in First True Cross-Border Crowdfunding Offer Under Reg A+. Diesel is on a death march. Gasoline is in slow decline. Inevitably, all cars will be powered by electricity. The popularity and success of Tesla have trailblazed… Read More

January 12, 2017 @ 10:03 pm By JD Alois  |  

The peer to peer lending market in China is the largest in the world. Thousands of platforms populate the online lending sector. The lack of appropriate regulations has allowed many platforms to set up operations quickly and easily. It has enabled incredible acts of fraud…. Read More