November 11, 2016 @ 8:07 am By JD Alois  |  

MoolahSense , a P2P lender, has received a full Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).  The CMS license, issued today, was for “dealing in securities”.  MoolahSense reports that is is the “first marketplace lending platform in Singapore to be granted… Read More

November 11, 2016 @ 7:53 am By JD Alois  |  

Peer to peer lender Assetz Capital has reported that investors have now earned £15 million in gross interest since platform launch in 2013.  The P2P lender has focused on provide access to capital for UK SMEs while give investors a viable investment alternative. Assetz Capital… Read More

November 10, 2016 @ 6:26 pm By JD Alois  |  

Fintech Hub LATTICE80 Officially Opens for Business in Singapore At the launch of LATTICE80, the “worlds largest Fintech hub with over 30,000 square feet of work and shared space, Deputy Prime Minister and Chairman, Monetary Authority of Singapore, Tharman Shanmugaratnam, delivered a speech on the importance… Read More

November 10, 2016 @ 8:07 am By JD Alois  |  

Invesdor is celebrating the “first” European company to provide an exit by IPO as shares trade on Nasdaq First North Helsinki (ISIN FI4000127527) . Heeros Oyj raised €3.4m from 700 retail investors with its IPO on the Invesdor crowdfunding platform. that took place this past October. In… Read More

November 10, 2016 @ 8:00 am By JD Alois  |  

Jason Schenker, a well known financial expert and forecasting guru, has joined Fintech startup Newchip as CFO.  Schenker, according to his bio, has been ranked #1 Forecaster in the world by Bloomberg News in 19 categories since 2010. In total, Bloomberg News has ranked Schenker… Read More

November 10, 2016 @ 7:47 am By JD Alois  |  

Property Partner, a UK Real Estate Crowdfunding Platform, Updates on Results of Secondary Market for Property Shares Property Partner, a crowdfunding platform for UK real estate, has said that £10 million of shares in property have been exchanged on their unique secondary marketplace. Stating “bricks… Read More

November 9, 2016 @ 10:23 pm By JD Alois  |  

The Business, Energy and Industrial Strategy Committee (previously named Business, Innovation and Skills Committee) has published a report on access to finance of UK SMEs. The inquiry was described as an update on improvements and challenges since the financial crisis of 2008. “Although the mainstream… Read More

November 9, 2016 @ 10:06 pm By JD Alois  |  

The Enterprise Investment Scheme Association (EISA) has commented on a recent report published by the House of Commons. The Business, Energy and Industrial Strategy Committee’s Access to Finance report has been released and EISA has urged the government to do more to raise awareness among businesses… Read More

November 9, 2016 @ 5:34 pm By JD Alois  |  

Soon the dust will will settle and the collective surprise of a Donald Trump Presidency will sink in and the United States will move forward. On top of a populist Trump administration, the Republican Party will control both houses of Congress. This is a combination… Read More

November 9, 2016 @ 2:34 pm By JD Alois  |  

uFundingPortal, a Regulation CF crowdfunding platform that was, until recently, a regulated and FINRA approved platform has been shut down. Today, the site is gone and has been removed from the list of FINRA approved platforms indicative of some sort of transgression regulators could not tolerate…. Read More

November 9, 2016 @ 11:37 am By JD Alois  |  

Berkeleyside, a local digital news outlet covering Berkeley, California, has launched a “Direct Public Offering (DPO), to raise up to $800,000 from either accredited or non-accredited investors. The offer, launched on November 3rd,  is only available to California residents that meat certain suitability requirements. Berkeleyside has… Read More

November 9, 2016 @ 11:16 am By JD Alois  |  

Trade Me (ASX:TME) has purchased $670,000 woth of shares in New Zealand based P2P lender Harmoney. The investment was said to be designed to hold its stake at 14.4%. Harmoney also operates in Australia. According to a report in NBR, Trade Me purchased 1.3 million… Read More

November 9, 2016 @ 10:56 am By JD Alois  |  

AltFi, an alternative finance news site/events organizer and data provider, has listed an offer on Crowdcube to sell 7.69% equity stake in the firm for £250,000.  AltFi holds a 30% stake in its sister company AltFi data which periodically publishes reports on alternative finance …. Read More

November 9, 2016 @ 10:31 am By JD Alois  |  

Doctible, a health-tech company that seeks to help medical practices acquire new patients and drive new revenue, has closed a funding round on SeedInvest raising $2 million. The offer was listed under Reg D (506b) so it was only open to accredited investors registered on… Read More

November 9, 2016 @ 9:17 am By JD Alois  |  

Here is an interesting document that recently popped up. HM Revenue & Customs Guidance Notes for ISA Managers: Draft Crowdfunding.  According to the document, “this version of the ISA Guidance Notes for Managers provides guidance on the rules to be applied from 1 November 2016,… Read More

November 9, 2016 @ 8:45 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) says the Africa & Middle East Alternative Finance Report is scheduled to be published this December. The project was originally announced in June 2016. Alongside this report, CCAF will be working with FSD Africa ( a financial sector… Read More

November 8, 2016 @ 6:21 pm By JD Alois  |  

Online lender Avant acquired ReadyForZero in 2015 to promote debt and credit related financial education.. ReadyForZero is a debt management and credit monitoring platform that helped consumers manage their finances.  While no terms of the acquistion were revealed, ReadyForZero had reportedly raised $5 million in a… Read More

November 8, 2016 @ 12:59 pm By JD Alois  |  

Bitbond is one of the most interesting SME lenders around today. Launched in 2013, the online lender eschewed dollars and euros to focus on digital currencies, specifically Bitcoin. The global peer to peer lender provides access to capital for small business around the world. As… Read More

November 8, 2016 @ 8:50 am By JD Alois  |  

Stacking is a significant challenge for the online lending industry. While most consumers are responsible individuals who only want to borrower what they can afford, there is a segment of society who are challenged to manage their finances. The advent of online lending has made… Read More

November 8, 2016 @ 7:51 am By JD Alois  |  

In their second installmant of “Where They Are Now?”, alternative finance research firm AltFi has published an update on the status of crowdfunded companies since 2011. According to AltFi’s report; “A high proportion of crowdfunded companies remain active – 73.60% of the capital raised in… Read More