Featured Headlines

May 10, 2020 @ 10:00 pm By Dror Futter  |  

  Buried in the model Series A Certificate of Incorporation of the National Venture Capital Association is the following notation: This Amended and Restated Certificate of Incorporation includes a sample “pay-to-play” provision, pursuant to which Preferred Stock investors are penalized if they fail to invest… Read More

May 9, 2020 @ 4:15 pm By Omar Faridi  |  

The Bitcoin (BTC) halving event, when the pseudonymous cryptocurrency’s supply will be cut in half, is approaching. It should take place on May 11, 2020, which is when 210,000 blocks of BTC transactions will have been processed since the last halving event that took place… Read More

May 8, 2020 @ 11:45 am By JD Alois  |  

    Mezu is a mobile payment app that allows sending and receiving money free, instantaneously, and privately. The app is available for download in both the App Store and Google Play. On the privacy side, Mezu says it uses encrypted transaction codes to execute… Read More

May 7, 2020 @ 12:45 pm By Therese Torris  |  

  German SME lending platform creditshelf announced that it has received €62 million in investor funds, including €30 million from the European Investment Fund (EIF) as lead investor, to set up the “Creditshelf Loan Fund”. The diversified fund will help creditshelf meet German small and medium-sized enterprises… Read More

May 6, 2020 @ 5:19 pm By JD Alois  |  

PayPal (NASDAQ:PYPL)  reported earnings today and according to the company after an initial dip, utilization and user growth is booming. In fact, PayPal says they are signing up around 250,000 customers a day as it becomes an “essential service.” 7.4 million customers were activated during… Read More

May 6, 2020 @ 10:28 am By Omar Faridi  |  

Ray Youssef, CEO and co-founder at Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, recently shared his views and insights with Crowdfund Insider. Paxful says it’s on a mission to support “social justice through financial freedom worldwide.” The company offers a platform with… Read More

May 5, 2020 @ 4:44 pm By JD Alois  |  

LendingClub (NYSE: LC) is out with its first-quarter earnings report and the numbers are indicative of the problematic economy that has been crushed by the Coronavirus pandemic. LendingClub, the leading marketplace lender in the US, delivered numbers that showed a significant decline versus the same… Read More

May 4, 2020 @ 12:50 pm By Andrés Abumohor  |  

Small and medium-sized enterprises (SMEs) contribute substantially to the global economy. They now make up 90% of businesses and 50% of employment worldwide. In emerging markets, SMEs are propelling development by introducing new products, processes, and competition. Although it is difficult to gather and track… Read More

May 3, 2020 @ 3:33 pm By JD Alois  |  

Last week, FT Partners, a Fintech focused investment bank, held a Zoom presentation where more than 5,000 individuals registered to attend. The interest in the presentation was, of course, driven by the speakers: Nik Storonsky, founder and CEO of Revolut and Chris Britt, founder and… Read More

April 30, 2020 @ 4:30 pm By JD Alois  |  

  The Paycheck Protection Program (PPP), part of the CARES Act, has emerged as an exceptionally popular policy program by the US government in its efforts to support a faltering economy. In brief, the PPP provides a loan for 2.5X times monthly payroll for struggling… Read More

April 29, 2020 @ 7:36 am By Omar Faridi  |  

The Bitcoin Association, which is focused on the development and promotion of Bitcoin “Satoshi Vision” (SV) (a controversial Bitcoin Cash (BCH) fork whose developers and community claim that their project is the “real” Bitcoin or how its creator, Satoshi Nakamoto, intended it to be), claims… Read More

April 28, 2020 @ 10:10 am By JD Alois  |  

Christian Faes is the founder and Chairman of one of the most successful Fintechs in the UK. While there may be better-known names in the Fintech world, LendInvest, a property finance platform, has emerged as a leader not only in the sector of finance it… Read More

April 27, 2020 @ 7:30 am By Dror Futter  |  

  If your venture is confronting a down round, you should not wear it as a badge of shame. Even in normal times, few ventures make an uninterrupted march up and to the right on the valuation curve. More importantly, if you are doing a… Read More

April 26, 2020 @ 9:40 pm By JD Alois  |  

JPMorgan (NYSE:JPM), the largest bank in the US, needed to deal with a legacy platform as it sought to better handle financing needs for corporate customers. The bank decided it was better to partner with a Fintech instead. According to a report in Bloomberg, JP… Read More

April 26, 2020 @ 9:42 am By Xu Gao  |  

People’s Bank of China Held 2020 Anti-Money Laundering Work Virtual Conference On April 15th, the 2020 PBC Anti-Money Laundering Work Virtual Conference was held in Beijing. The conference fully recognized AML achievements made by the People’s Bank of China (PBC) in 2019, analyzing the current… Read More

April 25, 2020 @ 8:00 pm By Omar Faridi  |  

Rajashekara Visweswara Maiya, vice president and head of business consulting, cloud and blockchain efforts at Finacle, the developer of a financial software system used by large banks across the globe (serving over 1 billion people), recently shared his views and insights with Crowdfund Insider. Finacle… Read More

April 24, 2020 @ 5:56 pm By Omar Faridi  |  

Tim Carmody, the chief technology officer at IPC, a global provider of communications and networking solutions for the financial markets, recently shared his views and insights with Crowdfund Insider. Carmody, who has several decades of experience in designing and leading complex technology solutions for the… Read More

April 23, 2020 @ 4:29 pm By JD Alois  |  

Earlier this week, Crowdfund Insider wrote about the challenges some Fintech lenders are encountering due to the ongoing COVID-19 pandemic. Online lenders in the SME, consumer, and real estate sector are seeing a shift in business as borrowers and investors back away in a market… Read More

April 22, 2020 @ 7:30 pm By Michael Burtov  |  

It’s no secret that there has always been a disconnect between the Venture Capital (VC) industry and the Startups that they fund. VCs are the embodiment of old school funding and their investments have, until recently, been the judge, jury, and executioner for countless innovation… Read More

April 22, 2020 @ 3:57 pm By JD Alois  |  

Yesterday, Crowdfund Insider covered the news that LendingClub (NYSE:LC), the largest Fintech consumer lender in the US, was furloughing and eliminating jobs due to the COVID-19 pandemic. The crisis has apparently driven the elimination of 471 individual jobs. Shockingly, LendingClub’s President saw his position eliminated…. Read More