November 18, 2016 @ 5:06 pm By JD Alois  |  

OurCrowd’s co-founder and CEO Jon Medved is one of the most vocal advocates in the investment crowdfunding sector.  Medved has created one of the most prominent funding marketplaces, eschewing borders and definitions to raise capital for promising early stage companies around the globe. A best… Read More

November 18, 2016 @ 4:39 pm By JD Alois  |  

Indiegogo announced the launch of their equity crowdfunding vertical in partnership with MicroVentures this past Tuesday . In just a few days the first four companies raising capital online have quickly captured the interest of hundreds of investors raising thousands of dollars. The inaugural four, listed… Read More

November 18, 2016 @ 3:35 pm By JD Alois  |  

The SEC Investor Advisory Committee (IAC) has set the date of its next meeting.  IAC will be meeting at SEC HQ on Thursday, December 8, 2016 from 9:30 a.m. until 3:00 p.m. (ET). The meeting is open to the public and will be Live-streamed on the… Read More

November 18, 2016 @ 11:10 am By JD Alois  |  

Myomo, a medical robotics company whose products enable users to overcome upper extremity paralysis, has filed a Form 1-A with the SEC indicating its intent to raise money under Reg A+, a crowdfunding exemption that allows issuers to seek up to $50 million in capital…. Read More

November 18, 2016 @ 10:08 am By JD Alois  |  

At the SEC Government-Business Forum on Small Business Capital Formation yesterday (November 17, 2016), David Feldman a securities attorney with Duane Morris, delivered a brief update on Regulation A+ as created by Title IV of the JOBS Act of 2012.  This updated securities exemption became actionable… Read More

November 18, 2016 @ 9:37 am By JD Alois  |  

At the Annual SEC Government-Business Forum on Small Business Capital Formation SeedInvest, a prominent US based investment crowdfunding platform, delivered an update to the Commission and forum participants.  SeedInvest is a full stack investment crowdfunding platform. They work with issuers looking to raise capital under Reg… Read More

November 18, 2016 @ 8:17 am By JD Alois  |  

Maples Fund Services, a global fund services provider, has extended its fund administration offering to the marketplace lending sector. Maples explained; “…increased regulation and tightening credit conditions at traditional banks force borrowers to seek out alternative channels, marketplace lending has gained popularity. Given demand for… Read More

November 18, 2016 @ 8:05 am By JD Alois  |  

ThinCats, a P2P lender in secured business loans, has received two new accreditations in recognition of its platform operations. ThinCats has been recognized by the National Association of Commercial Finance Brokers (NACFB) for best practice within commercial finance broking. Simultaneously, Defaqto has given ThinCats a… Read More

November 17, 2016 @ 3:00 am By JD Alois  |  

Investment crowdfunding platform Seedrs has published its Portfolio Update Winter 2016/2017.  The digital document, which is available for download here, is in response to a report published in September. Seedrs states that feedback was so positive they decided to produce a more comprehensive review of… Read More

November 17, 2016 @ 2:00 am By JD Alois  |  

While the UK has been the trailblazer in the creation of the concept of a regulatory Sandbox for innovative financial firms, the rest of the world has seen the light and moving forward with their own Fintech Sandbox structures. The UK understood that rule written… Read More

November 16, 2016 @ 6:08 pm By JD Alois  |  

Renaud Laplanche, the visionary behind Lending Club (NYSE:LC) who was pushed out of the marketplace lender this past May, is prepping a new online lender: Credify Finance Corp. WSJ.com is reporting that Laplanche along with two other former Lending Club executives, Jeff Bogan and Adelina Grozdanova,… Read More

November 16, 2016 @ 10:51 am By JD Alois  |  

SME online lender DealStruck has reportedly shut down operations.  An industry insider has told Crowdfund Insider the online lender closed shop yesterday. We have also heard that most all employees have departed the platform.  The action was taken just as an 11th hour acquisition by… Read More

November 16, 2016 @ 9:42 am By JD Alois  |  

Zopa, the grande dame of peer to peer lending, has revealed its intent to launch a “next generation” challenger bank. Zopa CEO Jaidev Janardana stated they have created a scalable, profitable business yet they had only begun; “Launching a bank, to sit alongside our existing peer-to-peer… Read More

November 16, 2016 @ 9:23 am By JD Alois  |  

Coming off their best month ever, UK based equity crowdfunding platform Seedrs has labeled Perkbox their biggest crowdfunding round to date.  Perkbox set out to raise £1.5 million.  The offer closed at £4.353 million at the end of October. Perkbox had a pre-money valuation of… Read More

November 16, 2016 @ 8:16 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has published its Fintech “regulatory sandbox” guidelines. The intent is to encourage and enable experimentation of solutions that leverages technology innovatively to deliver improved financial products and services to both consumers and businesses. The Sandbox guidelines have incorporated feedback… Read More

November 16, 2016 @ 8:04 am By JD Alois  |  

  First Seedrs Crowdfunded Company to IPO Shares on Exchange as Platform Claims Best Month Ever FreeAgent (LSE: FREE), a company that raised capital on equity crowdfunding platform Seedrs, has listed its shares on the London Stock Exchange’s AIM.  This IPO has provided early investors… Read More

November 16, 2016 @ 7:39 am By JD Alois  |  

Symbiont, a blockchain technology company, has boosted its board with the appointment of former SEC Commissioner Dan Gallagher and President of T. Rowe Price Global Investment Services President Todd Ruppert. Symbiont already has a pretty solid Board of Directors as former New York Stock Exchange CEO… Read More

November 15, 2016 @ 4:33 pm By JD Alois  |  

The SEC has had a busy week. First, the Commission held its first Fintech Forum, as suggested by Commissioner Piwowar, indicating its growing interest in financial technology disruption. This morning, SEC Chair Mary Jo White testified before the House Financial Services Committee regarding the SEC… Read More

November 15, 2016 @ 11:11 am By JD Alois  |  

IW Capital, a UK based private equity firm, has launched a new “debt arm” facilitating private debt-based investment into scale-up companies across the UK. IW Capital pointed to recent research that indicated investor interest for alternative assets was on the rise. Last month, IW Capital reported… Read More

November 15, 2016 @ 8:47 am By JD Alois  |  

Outgoing SEC Chair Mary Jo White will be testifying today (November 15, 2016) before the House Financial Services Committee. White announced her intent to depart the Commission at the end of the Obama’s administration yesterday (November 14th).  The somewhat routine hearing is entitled; “Examining the… Read More