December 1, 2016 @ 8:00 pm By JD Alois  |  

One of the frequently touted benefits of peer to peer/marketplace lending is the heightened transparency associated with loan originations processed online.  The financial crisis of the last decade was in part fueled by the disconnect between lender and borrower. As mortgages were securitized, sliced and… Read More

December 1, 2016 @ 6:01 pm By JD Alois  |  

AngelList has acquired Product Hunt in a push to expand its reach into the startup ecosystem.  With the purchase, AngelList will now be able to provide early stage companies with funding, employees and assistance in acquiring customers. Something that is pretty important. Recode reported that… Read More

December 1, 2016 @ 4:11 pm By JD Alois  |  

The SEC Advisory Committee on Small & Emerging Companies (ACSEC) has scheduled a conference call for its next public meeting. The December 7 meeting of ACSEC will begin at 11:00 a.m. ET and live audio will be available on the SEC’s website.  According to the… Read More

December 1, 2016 @ 2:33 pm By JD Alois  |  

Accompanying the Fintech Australia Census 2016, published by EY and Fintech Australia, were several infographics highlighting the emerging Fintech ecosystem in Australia. One of the visualizations involved “Fast Facts” which included some interesting data points. The largest sector concentration is in Lending at 25% Personal finance… Read More

December 1, 2016 @ 11:47 am By JD Alois  |  

loanDepot is extending its reach and services by acquiring both Closing USA (CUSA) and American Coast Title (ACT). The pair of acquisitions is designed to boost loanDepot’s national footprint for title, escrow and settlement services which are complimentary to its mortgage lending operation. Upon closing… Read More

December 1, 2016 @ 9:16 am By JD Alois  |  

Emerging Entrepreneur of the Year awarded to Chris Gauld, Chief Executive, Spark Energy   Entrepreneurial Scotland, hosted its 20th annual dinner and awards last night (November 30th). The event was a celebration of entrepreneurial success, recognising the role of entrepreneurs at all stages, and their… Read More

December 1, 2016 @ 8:04 am By JD Alois  |  

The Pebble Watch saga has become an epic tale of crowdfunding success and entrepreneurial struggle. Eric Migicovsky, the founder of Pebble, launched his wearable tech on Kickstarter in 2012.  The very first rewards campaign generated over $12 million “brought to life by 68,929 backers” proving… Read More

November 30, 2016 @ 8:47 pm By JD Alois  |  

EY has published the first Fintech Australia Census.  The report is designed to be the “most detailed and comprehensive analysis of the Australian Fintech ecosystem.” The document was produced in concert with Fintech Australia, the advocacy group created to help boost utilization and awareness of Fintech…. Read More

November 30, 2016 @ 7:42 pm By JD Alois  |  

Investment crowdfunding is not just for startups. While originally anticipated as a vehicle to fund the next cool startup, crowdfunding is being utilized to finance a growing variety of businesses – large and small – and industries. So why not Oil & Gas? Crudefunders has… Read More

November 30, 2016 @ 3:10 pm By JD Alois  |  

Financial Innovation Now (FIN) has published an open letter to the incoming Trump administration. FIN demanded the President-Elect embrace technology when it comes to financial innovation. FIN is a group that represents several very big names in tech. Think Apple, Google, Amazon and more. Tipping… Read More

November 30, 2016 @ 10:45 am By JD Alois  |  

Canaan Partners has filed a Form 4 indicating it has sold shares in Lending Club (NYSE:LC). Canaan was an early investor in Lending Club but over past months the VC firm has been selling shares in the publicly traded online lender. Canaan Partners is a Silicon… Read More

November 30, 2016 @ 9:45 am By JD Alois  |  

Mambu, a software as a service (SaaS) banking platform, has received the Amazon Web Services (AWS) Financial Services Competency certification. Mambu states it will be one of the first companies to benefit from the new program that launched at re:Invent in Las Vegas. According to… Read More

November 30, 2016 @ 9:02 am By JD Alois  |  

BrewDog is adding a new twist to its EquityforPunks USA crowdfunding round, and it is a bit of a gamble. The Scotland-based craft brewer will allow investors the opportunity to bet it all on the spin of a roulette wheel. Win, and you double your… Read More

November 30, 2016 @ 8:17 am By JD Alois  |  

Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore, delivered a wide-ranging speech today at the 2nd Shanghai-Singapore Financial Forum in Shanghai. Lo acknowledged the opportunities that exist between China and Singapore noting that China may become 1/3 of the world’s economy by… Read More

November 30, 2016 @ 7:43 am By JD Alois  |  

Innovate Finance has published a “Women in Fintech Powerlist” for 2016. Approximately 200 women in Fintech globally have been featured on their list. The list was created to celebrate the contributions of women who increasingly play a vital role in the development of the global… Read More

November 29, 2016 @ 9:39 pm By JD Alois  |  

P2P lending rating agency 4thWay is highlighting that 77 IFISA applications are in limbo at the Financial Conduct Authority waiting for full authorisation.  Within this group, ten of the largest UK P2P lenders are still in the queue.  In what was expected to be a… Read More

November 29, 2016 @ 1:56 pm By JD Alois  |  

Fundrise has announced that is Income eREIT is “almost sold out” with less than 10% of the $50 million cap available for investors.  The debt based real estate crowdfunding vehicle has recently declared a dividend of 11.25% through December 2016. Fundrise’s eREIT approach has replaced… Read More

November 29, 2016 @ 11:20 am By JD Alois  |  

  Immovesting, a Paris-based real estate crowdfunding platform, has initiated pre-funding of deals to help support developers / sponsors listing projects on their platform. The “garantie de collecte” or collection guarantee program assures that funds are received on-time regardless of the funding status. This was… Read More

November 29, 2016 @ 9:24 am By JD Alois  |  

The UK’s largest investment crowdfunding platform Crowdcube recently published an updated “Due Diligence Charter”. The document was created to express Crowdcube’s commitment to “investor transparency” and guiding principles. Crowdcube stated; “As a platform approved and regulated by the Financial Conduct Authority, we review and approve… Read More

November 29, 2016 @ 8:42 am By JD Alois  |  

Invesdor has partnered with Åland’s Utvecklings Ab, a government-backed VC group, to help fund companies based in the Åland Islands. The Åland Islands is an archipelago region in Finland that has autonomous status and self-governing. The co-operation with Invesdor will provide the government of Åland a new method… Read More