September 2, 2016 @ 3:37 pm By JD Alois  |  

Chicago-based RiverNorth Marketplace Lending Corporation is poised to launch a fund that will be investing in marketplace lending assets under the 40s Act as a non-listed closed end fund. According to a recent filing with the SEC, the fund anticipates that its investments will originate… Read More

September 2, 2016 @ 9:29 am By JD Alois  |  

Bristol based Micrima, a med-tech company that has created a vastly improved breast imaging technology, has closed a £2.6 million funding round with the assistance of online platform VentureFunders.  According to information  provided by Micrima, approximately half of the funding came from pre-existing institutional and… Read More

September 1, 2016 @ 7:03 pm By JD Alois  |  

The list of approved and regulated Regulation CF platforms is growing. The roster now stands at 15 FINRA regulated crowdfunding platforms.  The most recently approved platform, ‘Mr. Crowd’ has an interesting progeny as it is being launched by Allen Au and his Ksdaq, Inc. corporation…. Read More

September 1, 2016 @ 4:00 pm By JD Alois  |  

Having just gotten around to reading the order granting the motion to dismiss in the proceedings of the State of Florida vs. Michell Abner Espinoza, the document by Circuit Court Judge Teresa Pooler, is pretty interesting.  The case regarding Espinoza has been in the news… Read More

September 1, 2016 @ 2:08 pm By JD Alois  |  

Real estate crowdfunding platform Prodigy Network is launching its 5th equity crowdfunding offer to develop coworking spaces in Manhattan.  The newest project, the Assemblage / Park Avenue South will seek a raise of $53 million from accredited investors.  The term is expected to last 3… Read More

September 1, 2016 @ 9:42 am By JD Alois  |  

The 5th annual European Crowdfunding Network (ECN) convention is scheduled to take place in Paris this fall and ECN has set high expectations regarding the diverse range of topics to be covered. Oliver Gajda, ECN Executive Director, labeled the gathering a must attend event as… Read More

September 1, 2016 @ 8:26 am By JD Alois  |  

Last month, the Bank of England reduced the Bank Rate from 0.5% to 0.25% as part of a broader stimulus package to buttress the UK economy following Brexit aftershocks. These interest rate cuts make money cheaper to borrow but this means savers are earning less. Moneyfacts… Read More

August 31, 2016 @ 3:14 pm By JD Alois  |  

The SEC generates fees in a bit of a convoluted fashion.  No fault of their own, the SEC is mandated by law to set the fee based on the Commission’s projections for the fiscal year.  The regulator had some help in the methodology as the… Read More

August 31, 2016 @ 12:34 pm By JD Alois  |  

Aromyx has created technology that “digitizes taste and scent” allowing companies / researchers the ability to see what their products do to their customers and thus be able to more effectively design effective products. While there are other competitors in the market, Aromyx and their… Read More

August 31, 2016 @ 7:43 am By JD Alois  |  

Real estate crowdfunding platform iFunding (Innovational Funding LLC) has settled a lingering lawsuit regarding a shareholder claim against the young  company. According to information provided by iFunding, the lawsuit brought against the company by Michael J. Turner has been settled for cash.  The cash settlement… Read More

August 31, 2016 @ 7:15 am By JD Alois  |  

The US Consumer Financial Protection Bureau (CFPB) has filed a monthly complaint report for banks and other financial services. The monthly report uses a three-month rolling average, comparing the current average to the same period in the prior year. CFPB Director Richard Cordray commented on… Read More

August 30, 2016 @ 3:20 pm By JD Alois  |  

The SEC Office of Investor Education and Advocacy has issued a bulletin regarding Real Estate Investment Trust’s or REITs. The SEC has created a comparison chart differentiating between publicly traded REITs and Non-Traded REITs. As one would expect, non-traded REITs are not listed on any… Read More

August 30, 2016 @ 10:36 am By JD Alois  |  

Finovate kicks off next week in Manhattan and it is celebrating an anniversary. While it may be hard to imagine, Finovate is now 10 years old. Greg Palmer, Vice President of the Finovate Group told Crowdfund Insider that was hard to believe they were prepping… Read More

August 30, 2016 @ 9:56 am By JD Alois  |  

South Korea is claiming a “world’s first” in launching the Fintech Open Platform designed to boost Fintech development in Korea, according to the Financial Services Commission (FSC). The Fintech Open Platform is described as a combination of a website where Fintech firms can download program… Read More

August 30, 2016 @ 7:54 am By JD Alois  |  

EstateGuru, a peer to peer lender based in Estonia, has announced an expansion into neighboring Latvia. The announcement comes just as EstateGuru announced earlier this month having topped €10 million in lending. EstateGuru is an online lender providing loans secured by real property for short to… Read More

August 29, 2016 @ 6:20 pm By JD Alois  |  

This is a different investment crowdfunding opportunity.  The former residence of William Randolph Hearst, the original newspaper magnate, is being crowdfunded on StartEngine using Reg A+ and is hoping to raise $40 million. Hearst originally purchased the house for $120,000 back in 1947.  The “Beverly… Read More

August 29, 2016 @ 4:12 pm By JD Alois  |  

iAngels, an equity crowdfunding platform that provides access to the hot tech market in Israel, has now raised over $50 million since launch having deployed $20 million in 63 portfolio companies. iAngels empowers smaller, accredited investors by connecting them with deals they have already thoroughly… Read More

August 29, 2016 @ 12:14 pm By JD Alois  |  

Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS, was questioned earlier this month on the policy measures incorporated by the Monetary Authority of Singapore (MAS), in regards to investment crowdfunding. The query came from Ms. Foo Mee Har, an MP from the West… Read More

August 29, 2016 @ 10:46 am By JD Alois  |  

China is the largest alternative finance market in the world and Fincera (OTCQB: AUTCF) is a fast growing internet finance platform that is providing an increasing portfolio of services online.  But Fincera started in an entirely different business sector: commercial auto-leasing under the name of… Read More

August 29, 2016 @ 8:34 am By JD Alois  |  

  Purplebricks Group (AIM: PURP), a UK-based hybrid estate agent providing a new way to buy, sell or let property, has launched its business in Australia, 28th August 2016, with an initial regional focus on Melbourne and Brisbane before rolling out nationally. CEO Michael Bruce… Read More