November 1, 2016 @ 8:48 am By JD Alois  |  

Manchester based Racefields has launched a free peer to peer loan finder designed to aid businesses in their search for an appropriate loan. Racefields states that unlike other loan comparison sites which only point businesses in the general direction of lenders, Racefields will actually apply… Read More

November 1, 2016 @ 8:00 am By JD Alois  |  

Global investment crowdfunding platform OurCrowd has announced the creation of the first digital health fund labeled OurCrowd Qure.  OurCrowd has partnered with Johns Hopkins University in the creation of the fund with management tasked to Dr. Yossi Bahagon and Allen Kamer. OurCrowd Qure will accept up… Read More

November 1, 2016 @ 4:00 am By JD Alois  |  

New research released by Nesta indicates the sharing economy is woefully untapped. Nesta states this disconnect is quite pronounced when it comes to social objectives. In a nationwide survey conducted by TNS Global, just 9% of British adults indicated they used a collaborative economy platform… Read More

October 31, 2016 @ 2:56 pm By JD Alois  |  

The Office of the Comptroller of the Currency (OCC) has announced the creation of the Office of Innovation to implement its Fintech framework.  The Office will be up and running by Q1 of 2017. The new entity will be headed by a Chief Innovation Officer… Read More

October 31, 2016 @ 2:37 pm By JD Alois  |  

The Alberta Securities Commission (ASC) has adopted Multilateral Instrument 45-108 Crowdfunding (MI 45-108). The new rule is actionable immediately and introduces a crowdfunding prospectus exemption for issuers as well as a registration framework for funding portals. The ASC Stated the implementation of MI 45-108 follows… Read More

October 31, 2016 @ 1:50 pm By JD Alois  |  

Investment crowdfunding platform Seedrs has had a record breaking month. This is according to an update by the platform stating almost £20 million was invested via their site during October. Seedrs pointed to Perkbox, a current listing that has raised over £4.1 million for 5.21%… Read More

October 31, 2016 @ 7:45 am By JD Alois  |  

Archover‘s first loan ever has been paid back in full.  The SME lender said the 24 month loan for £100,000 to TruTac Limited has successfully cleared the books. Terry Ramsey, TruTac’s managing director, labeled the entire process hassle free. “Although having our first ever loan successfully… Read More

October 31, 2016 @ 7:38 am By JD Alois  |  

P2P Lender Tops £200 million in Loans ThinCats has announced that Damon Walford has been appointed Chief Development Officer.  Walford will be working directly with ThinCats CEO John Mould to boost loan originations and increase the network of sponsors in the UK.  The announcement comes… Read More

October 30, 2016 @ 7:48 pm By JD Alois  |  

Wangdaizhijia (or wdzj.com), an alternative finance news and data platform in China, has published two interesting reports on the state of internet finance in the largest altfi market in the world. The first document focuses on peer to peer lending. The second publication is on… Read More

October 30, 2016 @ 6:04 pm By JD Alois  |  

Ron Suber has been pounding the table as of late on the benefits of marketplace lending and the future potential of Fintech in a series of presentations. His future is, of course, tightly intertwined with an industry that has taken a beating in past months…. Read More

October 30, 2016 @ 12:12 pm By JD Alois  |  

The National Crowdfunding Association of Canada (NCFA Canada) recently held its annual event in Vancouver. VanFUNDING 2016 incorporated a “pitching showcase” and the winning companies were: ChatterHigh, Glance, My Green Space and Starling Minds. VanFUNDING was created to be all about boosting online and alternative… Read More

October 29, 2016 @ 2:51 pm By JD Alois  |  

The largest US marketplace lending platform Lending Club (NYSE:LC) introduced a new vertical on October 25th.  Lending Club will now offer individuals the option to refinance their existing auto loans and potentially save a good amount of money.  While only available to residents of California… Read More

October 28, 2016 @ 5:16 pm By JD Alois  |  

Orchard Platform is out with their weekly report and they are reporting that “things appear to be getting back on track” as money is flowing back into the online lending sector.  New loan issuance is being led by platforms like SoFi and Avant. If this… Read More

October 28, 2016 @ 4:39 pm By JD Alois  |  

OTC Markets has scheduled a one-day “Bootcamp” on leveraging updated rules enacted under Title IV of the JOBS Act. OTC Markets and Crowdfund Beat Media will be co-hosting a gathering at OTC headquarters in New York City to provide smaller companies the information they need… Read More

October 28, 2016 @ 12:14 pm By JD Alois  |  

    The CrowdfundingHub has published a report on the rise of equity crowdfunding across Europe. The  document provides a snapshot perspective on sector growth noting that more evolved markets have gained investor trust but risks remain. Pointing to data provided by the Cambridge Centre… Read More

October 28, 2016 @ 9:33 am By JD Alois  |  

Wefunder, the Reg CF platform that has now crowdfunded over $8.4 million since May of this year dominating the sector, has now added a new feature.  Wefunder now accepts Bitcoin transactions making it even easier to invest in early stage companies. Bitcoin is generally thought… Read More

October 28, 2016 @ 8:29 am By JD Alois  |  

The UK’s largest equity crowdfunding platform, Crowdcube, is getting bigger.  The company is reporting a solid 40% jump in average funding amounts during the past 12 months.  This increase may be indicative of later stage companies taking advantage of the efficacy of raising capital online…. Read More

October 27, 2016 @ 12:47 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has scheduled its annual “Government-Business Forum on Small Business Capital Formation for November 17th.  The event will he held at SEC HQ and will be open to the public. As in years past, the forum will be divided into… Read More

October 27, 2016 @ 11:28 am By JD Alois  |  

The Securities and Exchange Commission announced changes to Rule 147 and Rule 504 yesterday designed to improve the process in which businesses may sell securities within a state where they are based. These “intrastate” updates will impact the ability for issuing companies to crowdfund from… Read More

October 27, 2016 @ 7:51 am By JD Alois  |  

Alec Ellison, a long-time Wall Street veteran, and former Vice Chairman of Jefferies and Chairman of the Tech Investment Banking Group, has joined OurCrowd’s Advisory Board. OurCrowd is one of the leading investment crowdfunding platforms in the world OurCrowd CEO, Jon Medved, said they were honored… Read More