September 13, 2016 @ 6:25 pm By JD Alois  |  

Urban FT was one of the many different early stage Fintech companies presenting at Finovate last week. Like many of the young companies in attendance, Urban FT is seeking to help old finance become new and thus reinvigorating traditional brands and financial services.  As many… Read More

September 13, 2016 @ 1:23 pm By JD Alois  |  

Equitise’s First Big Syndicated Transaction. H2Ocean Limited is in the process of doing an initial public offering (IPO) in Australia.  The shares are expected to list on the ASX this coming October. As part of the process, H2Ocean is offering shares via an offer on Equitise –… Read More

September 13, 2016 @ 11:34 am By JD Alois  |  

FrontOffice Nordic AM (FRNT MTF B), a company that conducts corporate restructuring and provides advisory services such as economics, law and finance, raised capital on FundedByMe in early 2016.  FrontOffice raised just shy of €600,000 on FundedByMe. FrontOffice then went on to list its shares… Read More

September 12, 2016 @ 4:37 pm By JD Alois  |  

Lending Club (NYSE:LC), the leading marketplace lending platform in the US, has announced the appointment of Thomas Casey as their new Chief Financial Officer. The hiring comes after long-time executive Carrie Dolan announced her departure several weeks back.  Lending Club described Dolan’s departure as a long… Read More

September 12, 2016 @ 12:14 pm By JD Alois  |  

Cringle is a smartphone app for users who want to send money to friends across Europe in a matter of seconds. Cringle has received numerous awards and has found a partner in German bank Deutsche Kreditbank AG (DKB). In the past year, Cringle has been able… Read More

September 12, 2016 @ 11:04 am By JD Alois  |  

WalletHub has published their Credit Card Debt Study that shows a dramatic increase in household indebtedness – specifically in credit card debt. According to the report, US consumers cranked up on credit during Q2 of 2016 generating $34.4 billion in debt. This is the largest Q2… Read More

September 12, 2016 @ 10:42 am By JD Alois  |  

Kuber Ventures has released a warning regarding “capacity constraints” in the Enterprise Investment Scheme (EIS) Market. EIS is a significant tax exemption encouraging investors to invest in earlier stage companies. The program is viewed as strategically important for the UK economy but also delivers powerful… Read More

September 12, 2016 @ 9:23 am By JD Alois  |  

Singapore has a policy objective to become a global Fintech hub and today they are announcing another step in that direction. The Monetary Authority of Singapore (MAS) has joined with the Swiss Financial Market Supervisory Authority (FINMA) to sign an agreement to engender greater cooperation… Read More

September 12, 2016 @ 9:07 am By JD Alois  |  

Orchard Platform has launched a “Data Partner Program” that aggregates loan data from a range of leading online lending platforms. Via the Orchard Data Partner Program, originators will be able to gain the ability to analyze and compare their loan performance to that of their… Read More

September 12, 2016 @ 8:32 am By JD Alois  |  

The Financial Conduct Authority has closed the comment period regarding its request for feedback regarding post-implementation review of FCA crowdfunding rules. The initiative covers debt, equity and other securities. The forthcoming publication reviewing existing rules will incorporate the perspective of platforms, consumers and competitors to… Read More

September 12, 2016 @ 8:07 am By JD Alois  |  

Berlin-based Crowdfunding.de has published a report on the equity crowdfunding market in Germany.  Their numbers go back to 2011, the very beginning of this new form of finance in Germany. The Crowd Invest Success Monitor is an overview of the performance of the new asset class… Read More

September 11, 2016 @ 10:02 pm By JD Alois  |  

Celeno Communications, an Israel-based creator of wifi chips and other technology, has closed a $38 million funding round to fuel company expansion. The round was led by Red Dot Capital Partners – a sister entity of Singapore-based Temasek. Temasek is owned by the government of Singapore and maintains an… Read More

September 11, 2016 @ 8:50 pm By JD Alois  |  

Finovate Fall 2016  took place in New York City last week. The program is a rapid fire of smaller Fintech firms or tech firms that see opportunity in the financial services sector.  Participation is global and the concepts pretty much span the spectrum of services… Read More

September 11, 2016 @ 2:59 pm By JD Alois  |  

Real estate crowdfunding platform RealtyShares has received a $30 million line of credit to pre-fund real estate offers listed on their marketplace. The line was described as the first ever to be used for both debt and equity offers listed on a real estate marketplace. There… Read More

September 10, 2016 @ 5:32 pm By JD Alois  |  

Foreshadowing the inevitability for all forms of finance moving online, Moody’s has published a report stating the Residential Mortgage Backed Securities (RMBS) will soon be issued by marketplace lending platforms. They also believe that current regulatory and securitization frameworks will reduce additional risk with RMBS… Read More

September 10, 2016 @ 5:20 pm By JD Alois  |  

Green Sense Farm, raising capital under Reg CF on StartEngine, quickly hit its goal within the first 24 hours of listing. Green Sense Farms is a “vertical farm”. The company has established a vision of building a network of indoor vertical farms, and locate them… Read More

September 9, 2016 @ 6:10 pm By JD Alois  |  

“It is hardly possible to overrate the value…of placing human beings in contact with persons dissimilar to themselves, and with modes of thought and action unlike those with which they are familiar…such communication has always been…one of the primary sources of progress.” –John Stuart Mill… Read More

September 9, 2016 @ 4:59 pm By JD Alois  |  

The House of Representatives passed four bills this week designed to help smaller businesses access the capital they need to expand, hire and grow the economy.  Small businesses are the economic engine of the country. Small businesses provide 55% of all jobs and 66% of all… Read More

September 7, 2016 @ 3:49 pm By JD Alois  |  

As we reported last week, StartEngine has listed an interesting offer for investors (since updated to a Title II offer from a Reg A+ . The equity crowdfunding platform has an offer to invest in the former mansion of William Randolph Hearst – the individual… Read More

September 7, 2016 @ 3:04 pm By JD Alois  |  

SyndicateRoom is reporting that portfolio growth from 2014 to 2015 grew at 135% as of May 2016  – not including possible SEIS or EIS benefits that can improve returns dramatically. SyndicateRoom’s reveal comes just as Seedrs shared their internal rate of return (IRR) for their… Read More