JD Alois

WeFunder will Pay Bounty to “Scouts” that Source Deals for Crowdfunding

Investment crowdfunding platform WeFunder has launched an interesting service. The new feature is called “Scout”. Basically, WeFunder will pay a $2000 $2500 bounty for each qualifying company that is referred to the platform and commits to funding on Wefunder. You may also earn a $2000 monthly… Read More

JOBS Act Investment Crowdfunding Explained (Infographic)

We have published several of these informational type matrices regarding the various iterations of investment crowdfunding as enacted under the JOBS Act of 2012. This most recent visualization is courtesy of VerifyInvestor (an accredited investor verification service) and it addresses Title II – Reg D 506c… Read More

Beauhurst Ranks Seedrs Number One in UK Funded Deals for H1 2016

Seedrs is pointing to a recent report that gives it the top spot for crowdfunding deals in the UK. According to Beauhurst, Seedrs is in the pole position having funded 78 deals in the first 6 months of 2016 topping competitor Crowdcube which came in… Read More

Senators Merkley & Brown Send Letter to Regulators Asking for Guidance on Fintech

Senator Sherrod Brown and Senator Jeffrey Merkley, both members of the Senate Banking Committee, sent a letter last week to several governmental agencies inquiring about Fintech and regulations. The letter was addressed to: Janet Yellen, Chair of the Federal Reserve, Martin Gruenberg, Chair of the… Read More

Fidor Bank Acquired by Groupe BPCE in France

Progressive German banking firm Fidor Group has been acquired by Group BPCE in France. The acquisition was described as enabling Fidor power international expansion, continue the development of its proprietary digital banking technology, and strengthen its overall presence in Europe. Fidor, an early innovator in the typically… Read More

Brief: Capital Cell, a Biotech Crowdfunding Platform, Receives Regulatory Approval in Spain

Capital Cell, an investment crowdfunding platform that describes itself as the first European crowdfunding platform for biotech projects, has recieved regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV).  According to a statement on their site, after ten months of audits, interviews and… Read More

Here is the FCA Consultation Paper on MiFID II

Even while Brexit pushes pause on so many policy issues, the implementation of Markets in Financial Instruments Directive “II” (MiFID II) moves forward in the UK. The MiFID is a collective regulatory approach to streamlining the purchase and sales of securities across Europe. MiFID II… Read More

Ablrate & Access Commercial Finance Tout Origination Partnership

Asset-backed peer to peer lender Ablrate has released information on an origination partnership with Access Commercial Finance based in Leeds. The arrangement is said to have generated over £2.5 million of loans so far this year. Ablrate launched as a niche P2P lender focusing on… Read More

Nicola Horlick’s P2P Lender Money&Co. Receives Chinese Investment

Money&Co., a peer to peer lender targeting small businesses, has signed an agreement to receive investment capital from the Chinese Overseas Consortium Development Company.  According to information provided by the P2P lender, this is the third funding round and values the company at over £20… Read More

CCA Launches Reg CF Indices with Crowdnetic

Crowdfund Capital Advisors (CCA), founded by Jason Best and Sherwood (Woodie) Neiss, has announced the launch of CCA Regulation Crowdfunding Indices win conjunction with Crowdnetic.  CCA states their data will be updated daily to depict a snapshot of growth in this new market. Crowdnetic has… Read More

Sign of the Times: Lloyds Closes Branches, Slashes Jobs

Lloyds Bank, an over 250-year-old institution with a storied past is struggling with the future. The august financial institution released Q2 results today as management explained that following the EU referendum results the UK economy is uncertain. Brexit and the swirling negotiations are expected to… Read More

First to One Million: BetaBionics Reg CF Offer Closes on Wefunder

Regulation CF, or Title III retail crowdfunding, kicked off on May 16, 2016. We just had the first close under the new securities exemption last week. Today we have the first offer that closed at the top of the funding cap – $1 million. Beta… Read More

Post Brexit: Confidence in UK SMEs UP. Confidence Elsewhere, Not So Much

IW Capital and crowdfunding specialist Crowdfinders has published commissioned research on investor sentiment post Brexit.  According to their findings, support for SMEs remains strong in the face of uncertainty but confidence towards UK shares, government bonds, and property – has tanked. According to Lloyds Bank,… Read More

Brief: Folk2Folk P2P Lender Opens New National Office to Accommodate Expanding Business

Folk2Folk, a regional peer to peer lender, has moved into a new office Launceston to “accommodate their rapidly expanding business”. Founded in 2013, the P2P lender has a number of offices across the South West and is rolling out further branches in towns across the UK…. Read More

Dead in the Water: Canada’s Crowdfunding Exemptions

  Canada is the second largest country in the world by land mass and the 10th largest economy by nominal GDP. At around 35 million in total population, Canada is a country that has consistently punched above its weight class economically. The extensive border with… Read More

Alberta Securities Commission Looks to Increase Crowdfunding Limits, Adds Micro Exemption

The Alberta Securities Commission (ASC) in Canada has published two initiatives designed to facilitate capital-raising for SMEs. First, the ASC has adopted ASC Rule 45-517 Prospectus Exemption for Start-up Businesses (ASC Rule 45-517). Immediately available, the new rule provides a prospectus exemption for small Alberta companies… Read More

Online Lenders Policy Institute Event to Feature Congressman Patrick McHenry & Comptroller of the Currency Thomas Curry

The Online Lenders Policy Institute is hosting its first “Marketplace Lending Policy Summit” in Washington, DC in September and they have two marquee names headlining the event. Congressman Patrick McHenry, an author of the JOBS Act and Fintech champion, will be one of the keynote… Read More

FlashFunders Claims First Close Under Reg CF with MobileSpike

MobileSpike was one of the very first companies to offer securities under Reg CF when it became actionable on May 16th. Now it is one of the first to close its funding round on FlashFunders. MobileSpike is a company that produces a new concept for… Read More

DreamFunded Comments on Receiving Funding Portal Approval Under Title III

DreamFunded has added its name to the growing roster of crowdfunding platforms approved by FINRA/SEC to operate a funding portal under Title III of the JOBS Act.  Title III or Reg CF allows companies to raise up to $1 million from non-accredited and accredited investors… Read More

Community Chest Partners with ThinCats for Impact Loans

Specialty lender Community Chest has partnered-up with ThinCats on new “Social Enterprise” loans. These loans are designed to provide access to capital for social enterprises seeking to drive community impact while delivering tax-efficient returns to investors who may recieve up to 30% tax relief on… Read More

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