April 29, 2016 @ 5:26 pm By JD Alois  |  

China’s internet finance industry continues to grow while encountering ongoing challenges as fraud remains prevalent in the loosely regulated sector of the finance industry. Dominated by peer to peer lending (the largest in the world), as of March over 3900 platforms were counted by WDZJ (other… Read More

April 29, 2016 @ 10:04 am By JD Alois  |  

Below is the joint response delivered by several European crowdfunding associations including: The European Crowdfunding Network, The UK Crowdfunding Association, Financement Participatif France and Nederland Crowdfunding.  The document is in support of an initiative to raise the prospectus exemption to €10 million (the Committee on Economic… Read More

April 29, 2016 @ 7:53 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has received a detailed report from the Government Accountability Office (GAO) regarding controls over financial systems and cybersecurity. In November of 2015, the GAO identified “deficiencies” in the SEC’s internal controls over financial reporting. This new report is a… Read More

April 28, 2016 @ 6:01 pm By JD Alois  |  

The HALOS or Helping Angels Lead Our Startups Act (HR 4498) received solid bi-partisan support this week as it was passed by the House of Representatives on a vote of 325 for and 89 against.  This past March the bill easily made its way through… Read More

April 28, 2016 @ 3:36 pm By JD Alois  |  

Real estate crowdfunding platform Fundrise has introduced a second eREIT to their current offerings. The “Growth eREIT”, as one would expect, is intended to generate much higher returns at the end of the term. The current eREIT is an income generating vehicle and holds lower… Read More

April 28, 2016 @ 11:51 am By JD Alois  |  

The largest marketplace lending platform in the US, Lending Club (NYSE: LC), will announce Q1 earnings results on May 9th after the market closes. The management conference call will take place at 5PM ET (2PM PT).  A live webcast of the call will be available… Read More

April 28, 2016 @ 10:43 am By JD Alois  |  

ShareIn has inked a new partnership with Supporters Direct to leverage the ShareIn crowdfunding platform. Supporters Direct is a vehicle for fans to set up cooperatives to gain influence in the running and ownership of football clubs. They operate in England, Wales, Scotland and across… Read More

April 28, 2016 @ 9:28 am By JD Alois  |  

The UK government is pitching in to help finance international transfer platform Tramonex.  The London-based Fintech startup has been given a £250,000 grant by Innovate UK to fund the development of a cross currency payments system that leverages blockchain technology. The prototype is expected to… Read More

April 28, 2016 @ 9:01 am By JD Alois  |  

Impact Guru, a “full stack crowdfunding solution”, has received seed funding in the amount of USD $500,000 from RB Investments and Fundnel – an Asian investment crowdfunding platform. Simultaneously, Impact Guru and Fundnel have formed a strategic partnership combining impact / rewards and investment-based crowdfunding…. Read More

April 28, 2016 @ 8:12 am By JD Alois  |  

LendInvest, the leading property marketplace lending platform, has received a £40 million warehouse facility from Macquarie.  The funding will be dedicated to bridge  and buy-to-let loans. The financing from Macquarie brings institutional investment for LendInvest to £230 million.  Macquarie, based in Sydney Australia, is a… Read More

April 27, 2016 @ 10:16 pm By JD Alois  |  

Mosaic, a renewable energy project funding platform, has raised a sizeable $200 million warehouse facility according to a report in Reuters.  The funding was provided by Germany’s DZ Bank and New York state’s NY Green Bank. Mosaic was an early darling of the investment crowdfunding sector… Read More

April 27, 2016 @ 1:18 pm By JD Alois  |  

    The first quarter of 2016 saw the US economy slip into a bit of a funk. Lingering questions regarding the sustainability of the economic recovery were buffeted by geopolitical tensions. The marketplace lending industry was in no way immune to the shifting winds… Read More

April 27, 2016 @ 11:29 am By JD Alois  |  

The property crowdfunding sector is a very hot space. The ability to allow smaller investors to gain access to the real estate finance market has gained solid traction with several investment crowdfunding platforms experiencing robust growth.  Intro Crowd, the most recent entry as an online property… Read More

April 26, 2016 @ 11:44 am By JD Alois  |  

Arguably the largest equity crowdfunding offer ever, BD Bacata raised over $150 million to finance the first skyscraper in Bogota, Colombia in decades.  It was real estate developer and real estate crowdfunding platform operator Rodrigo Niño who figured out the methodology to help finance the… Read More

April 26, 2016 @ 10:14 am By JD Alois  |  

Great art isn’t made by committee–it’s made by empowering great artists (and then getting out of their way!). Legion M is looking to a wider audience of committed fans and investors to finance their vision of a new century media entertainment company. Launched this past… Read More

April 26, 2016 @ 8:43 am By JD Alois  |  

The leading French marketplace lending platform, Lendix, is closing a new funding round and longtime investor Partech Ventures has committed €3 million confirming its support of the online lender. The additional funding will be used to financeLendix’s expansion into the Spanish and Italian markets. Lendix also… Read More

April 26, 2016 @ 12:52 am By JD Alois  |  

Shariah-compliant crowdfunding platform Ethis hopes to raise up to S$ 1 million from executives participating in the Global Islamic Finance Forum (GIFF) being held in Kuala Lumpur May 10-12, 2016. EthisCrowd.com claims the title of the world’s first real estate Islamic crowdfunding platform.  Based in… Read More

April 25, 2016 @ 3:38 pm By JD Alois  |  

CoAssets (NSX:CAX), launched as a real estate crowdfunding platform in Singapore, has successfully raised capital online for an Australian SME, according to a report in the Australian Financial Review. In July of 2015, CoAssets became the first Southeast Asian investment platform to publicly trade shares… Read More

April 25, 2016 @ 1:56 pm By JD Alois  |  

A new survey published today provides evidence that Angel investors are “not just in it for the money.” Propel(x), a San Francisco-based online investment platform, collaborated with Peter Thiel’s Breakout Labs, MIT Alumni Angels of Northern California and Innovation Node Los Angeles (part of the… Read More

April 25, 2016 @ 9:00 am By JD Alois  |  

    Over the past several months there have been rumblings about impending change at real estate crowdfunding platform Patch of Land.  Following a significant staff reduction, where several well known Patch of Land employees were let go, industry chatter picked up as to what… Read More