Featured Headlines

May 28, 2019 @ 2:02 pm By JD Alois  |  

For years, there has been a discussion regarding the initial public offering (IPO) conundrum. Back in the day, smaller investors could join alongside institutional money to capture wealth in an IPO. Today, too frequently, that is simply not the case. The big money has been… Read More

May 27, 2019 @ 9:41 am By Diego Caicedo  |  

Investments in Fintech surged in 2018, reaching US $55 billion worldwide and doubling that of the year before, according to Accenture. Fintech companies are also getting bigger. Currently, 19 out of Forbes’ 50 Most Innovative Fintech Companies in 2019 have valuations of US$1 billion or… Read More

May 26, 2019 @ 5:39 pm By JD Alois  |  

Last month, Canada-based Fintech Blockstation announced a relationship with the Jamaica Stock Exchange (JSE). As part of a pilot program, the Blockstation trading platform is being used by the JSE for listing, trading, clearing, and settlement of digital currencies (BTC and ETH). Security tokens are… Read More

May 25, 2019 @ 10:01 am By Xu Gao  |  

Fintech Research Institute of People’s Bank of China Starts Recruiting Blockchain Talent The Fintech Research Institute, established by the People’s Bank of China (PBOC), has posted several job vacancies about blockchain on recruitment website Lagou.com. Shenzhen Fintech Research Institute is a unit jointly established by… Read More

May 23, 2019 @ 10:19 pm By David Carpentier  |  

Technology has changed us; it’s undeniable. It’s a safe bet to say that technology is going to continue to change us too.  It will continue to revolutionize how our society lives, works, plays, and transact business.  Today, 57 percent of the world’s population is now… Read More

May 22, 2019 @ 6:12 pm By Therese Torris  |  

Riding on the wings of the success of the Paris Blockchain Week, members of the French Association for the Management of Cryptoassets have decided to set up a larger and more formal association to take their endeavor to the next level.  Today, the founding members… Read More

May 22, 2019 @ 12:41 pm By JD Alois  |  

Fintech Unicorn and stealth bank Transferwise has raised $292 million at a valuation of $3.5 billion. According to multiple reports, Transferwise has doubled its valuation in contrast to its last funding round. The round was said to be over-subscribed. Transferwise last raised capital at a… Read More

May 21, 2019 @ 11:21 am By JD Alois  |  

Last week Regulation Crowdfunding, or Reg CF as it is affectionately called, celebrated its 3rd birthday. While the JOBS Act legislation that created online capital formation was signed into law in 2012, final rules for Reg CF did not become actionable into about 4 years… Read More

May 21, 2019 @ 2:01 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has published a report addressing frauds and scams in the cryptocurrency and Forex sector. According to the FCA, over £27 million has been lost from these scams during the 2018/2019 period. Reports of scams topped 1,800 – 3X versus… Read More

May 20, 2019 @ 2:00 am By Therese Torris  |  

The German Crowdfunding Association, the federal industry association which represents 85% of the German crowd investment market, welcomed last week the adoption by the German Parliament of the new and improved legal framework for crowdinvesting, albeit with a few regrets. Major Expansion of the Scope… Read More

May 19, 2019 @ 9:47 pm By JD Alois  |  

Last week, Comptroller of the Currency Joseph Otting testified in front of the House Financial Services Committee. The hearing was entitled, “Oversight of Prudential Regulators: Ensuring the Safety, Soundness and Accountability of Megabanks and Other Depository Institutions.” The Office of the Comptroller of the Currency… Read More

May 18, 2019 @ 4:48 pm By JD Alois  |  

Recently Crowdfund Insider encountered a successful service that is not exactly a high profile business in the Fintech world. Back office fund management provided by Assure Services. What we did not realize is that many Fintech platforms are outsourcing their fund management so they may… Read More

May 17, 2019 @ 12:46 pm By JD Alois  |  

The Wall Street Blockchain Alliance (WSBA) has published a response to the recent guidance on digital assets from the Securities and Exchange Commission (SEC). In early April, the SEC, Division of Corporate Finance, issued its first No-Action letter (NAL) to Turnkey Jet pertaining to the… Read More

May 16, 2019 @ 1:45 pm By JD Alois  |  

Regulation Crowdfunding, commonly called Reg CF, celebrates a birthday today. On May 16, 2016, the Securities and Exchange Commission (SEC) allowed issuers to use the securities exemption to raise capital online from both FINRA approved “funding portals” as well as broker-dealers. Part of the JOBS… Read More

May 14, 2019 @ 6:00 pm By Barry James  |  

G8’s AML Body FATF Seeks Killing Crackdown on Crypto Exchanges and Tokens of All Types Crypto exchanges of all types and similar services (virtual asset service providers or ‘VASPs’) should be absorbed by traditional banks or disappear altogether. This seems to be the view of… Read More

May 13, 2019 @ 9:41 pm By JD Alois  |  

This past March, PeerStreet, a real estate crowdfunding platform, announced that it had topped $2 billion in transactions and over $1 billion in Assets Under Management. Three months early in January, that transaction number stood at $1.7 billion. If that pace holds, PeerStreet should be… Read More

May 12, 2019 @ 6:53 pm By JD Alois  |  

The United Kingdom has long been a global leader in financial innovation. Of course, London holds a long history as a prominent financial center for both Europe and the world. This established base has combined with a strong entrepreneurial spirit and access to capital to… Read More

May 12, 2019 @ 2:53 pm By JD Alois  |  

On Friday, the Long Term Stock Exchange (LTSE) received good news from the Securities and Exchange Commission (SEC) as it was approved as a national securities exchange. The LTSE is the creation of Eric Ries, an entrepreneur, VC, and creator of the lean startup concept…. Read More

May 11, 2019 @ 5:02 pm By Xu Gao  |  

Beijing: unpaid parking fees may be included in your personal credit report Since January 2019, the Beijing Municipal Commission of Transport has introduced digital payments for all curb parking areas in Dongcheng District, Xicheng District and Tongzhou District, and is planning to extend it to… Read More

May 10, 2019 @ 2:22 pm By JD Alois  |  

What do Goldman Sachs, Morgan Stanley, ‘Jay Z’, Jeff Bezos, Softbank, Tencent, Axel Springer, and OurCrowd all have in common? They all invested in Uber before it went public today (May 10, 2019). Where OurCrowd stands out from the pack is the fact that OurCrowd… Read More