August 29, 2016 @ 8:10 am By JD Alois  |  

Robert Herjavec, founder of Herjavec Group and star of ABC’s hit series Shark Tank, will be presenting a “Fireside Keynote Chat” at the forthcoming “Crowd Invest Summit” scheduled for this December.  The two-day equity crowdfunding conference has also upgraded their venue to accommodate demand. The Crowd… Read More

August 28, 2016 @ 9:42 pm By JD Alois  |  

Fintech Australia has received a sizeable grant from LaunchVic in the amount of $300,000. The funding comes at a great time as Fintech Australia is gearing up for its inaugural Fintech Summit that is scheduled to occur this coming November. Fintech Australia is partnering with… Read More

August 28, 2016 @ 9:15 pm By JD Alois  |  

A Crowdfund Insider reader reached out to us last week with an excellent question: can foreign nationals invest in US investment crowdfunding offers. We checked with several leading Fintech legal experts for their feedback on this question and we share some of this below. In… Read More

August 28, 2016 @ 8:39 pm By JD Alois  |  

Global investment crowdfunding platform OurCrowd is ranked number 2 in the Geektime Investors Index that ranks investors in the red-hot tech sector of Israel for the first half of 2016. This is a pretty incredible accomplishment as OurCrowd is competing with all of the big… Read More

August 28, 2016 @ 5:33 pm By JD Alois  |  

Steven Dresner of Dealflow.com is one of the regular suspects in the online capital formation sector.  He has been an active voice and participant in the shift to leverage the power of the internet to make capital formation more efficient. Working with broker-dealers and other… Read More

August 27, 2016 @ 11:52 am By JD Alois  |  

The several law firms have filed class-action lawsuits on behalf of shareholders of Yirendai (NYSE:YRD) who acquired shares at some point during 2016 – some of the filings are specifying date ranges. The reason this is interesting is that these law firms are faulting Yirendai… Read More

August 27, 2016 @ 10:43 am By JD Alois  |  

That’s right. StartEngine, one of the leading investment crowdfunding platforms in the US, has eliminated the fee associated with raising capital under Reg CF.  Previously the platform charged a 5% service charge so if an issuer was raising $1 million they had to pay $50,000… Read More

August 26, 2016 @ 3:58 pm By JD Alois  |  

Earlier this week, Hillary Clinton, the Democratic candidate for President of the United States, released a “Factsheet” on small business.  Interestingly it contained a good bit of affirmation that she will not turn her back on small business recognizing SMEs are the lifeblood of the… Read More

August 26, 2016 @ 10:12 am By JD Alois  |  

The Marketplace Lending Association has hired an Executive Director who has spent the past few years advocating on behalf of very big banks. Nat Hoopes, formerly the Executive Director of the Financial Services Forum, will now be working the halls of Congress on behalf of… Read More

August 26, 2016 @ 9:19 am By JD Alois  |  

BrewDog, the largest independent brewery in Europe, is crossing the Atlantic and setting up operations in the United States. The founders, James Watt and Martin Dickie, selected the mid-western city of Columbus as their base and the company is in the process of building a… Read More

August 25, 2016 @ 11:16 pm By JD Alois  |  

1Above, a travel well-being company, is raising capital via equity crowdfunding platform Equitise. The New Zealand based company has created an anti-jet lag concotion that apparently works quite well. We all know the detrimental effects of jet-lag that can undermine quick trips around the globe. 1Above… Read More

August 25, 2016 @ 4:01 pm By JD Alois  |  

Joanne Bradford, SoFi COO, visited the studios of CNBC earlier today to give an update on the status of their lending operations. Bradford’s discussion comes  on the heels of Orchard’s industry update that showed a dip in online lending during the second quarter of 2016…. Read More

August 25, 2016 @ 3:41 pm By JD Alois  |  

Publishing on the pages of American Banker, Todd Baker has written off the entire industry of marketplace lending. Baker states, “it should be obvious now that marketplace lending is unsustainable.” A pretty strong statement for a sector of alternative finance that has, until recently, experienced… Read More

August 25, 2016 @ 10:05 am By JD Alois  |  

Announced earlier this week, China has finally revealed its regulatory approach to online lending. To put this into perspective, peer to peer lending is huge in China – the largest online lending market in the world. The rapid ascension of P2P lending was driven by… Read More

August 25, 2016 @ 9:21 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has published a consultation paper on a payments regulatory approach. Simultaneously MAS has created a “National Payments Council” to help foster digital payments and the ascension of Fintech. Noting that presently there are multiple regulatory environments and legislation action,… Read More

August 25, 2016 @ 8:31 am By JD Alois  |  

Scotland’s “leading company creation competition” has accepted 212 applicants this year, and now the judging process has shortlisted the top 10 nominees.  The 2016 Converge Challenge category is said to be the most competitive year ever.  The record number of applicants represents 14% growth year… Read More

August 25, 2016 @ 8:17 am By JD Alois  |  

Cloud Solutions, a Norwegian Insurtech company, recently raised equity capital on Invesdor’s crowdfunding platform. The offer was over-subscribed and the success is being attributed, in part, to the integration of Signicat technology. Finland-based Invesdor explains that due to equity crowdfunding regulation that mandated know your customer… Read More

August 25, 2016 @ 12:11 am By JD Alois  |  

Apple, Google, Amazon, PayPal & Intuit Provide the Firepower Behind Fintech Advocacy Group Financial Innovation Now. Back in the fall of 2015, an announcement was made regarding the creation of a new public policy coalition representing some of the largest names in tech: Apple, Google,… Read More

August 24, 2016 @ 5:33 pm By JD Alois  |  

As part of the rebuilding process Lending Club (NYSE:LC) is seeking out new hires with traditional Wall Street cred.  Today the leading marketplace lending firm has hired not one, but two former Wall Street bankers. Lending Club has appointed Valerie Kay, formerly an MD with Morgan… Read More

August 24, 2016 @ 5:02 pm By JD Alois  |  

Orchard Platform, the nexus of institutional money and online lenders, is out with their Q2 2016 report and it is pretty dismal. Consumer unsecured quarterly originations declined by 34.3% versus Q1 of this year.  Comparing Q2 with the same period in 2015, loan originations dipped… Read More