Featured Headlines

October 19, 2017 @ 8:00 pm By Scott Andersen  |  

Even with the flexibility provided to Regulation D private placement offerings by Title II of the JumpStart Our Business Startups (JOBS) Act, U.S. Securities and Exchange Commission (SEC) data has consistently shown that most Regulation D offerings continue to raise capital under traditional Rule 506(b). … Read More

October 19, 2017 @ 12:11 pm By JD Alois  |  

LATTICE80, the world’s largest Fintech hub based in Singapore, will launch an Initial Coin Offering (ICO) at some point next year. Specific details on the ICO were not made available. LATTICE80 did disclose the ICO would only be made available in regulated environments including Singapore,… Read More

October 18, 2017 @ 10:30 pm By Erin Hobey  |  

  Fausto Zanetton, the founder and CEO of Tifosy, is living a sports fan’s dream. He helps athletic clubs raise funds online by connecting them with their global fanbase.  He works with the some of the most revered clubs in the most celebrated stadiums in… Read More

October 17, 2017 @ 6:36 pm By JD Alois  |  

  Fosun RZ Capital (formerly called Fosun Kinzon Capital) is a leading China based venture capital firm that is part of the Fosun Group which is based in Shanghai. Fosun Group, which is listed on the Hong Kong Stock Exchange, spent “billions” acquiring global companies… Read More

October 16, 2017 @ 3:12 pm By JD Alois  |  

  Ron Suber has become one of the most recognizable voices in the global Fintech arena. Since officially departing the Fintech he helped to create, the former President of Prosper Marketplace has become an elder statesman for online lending and financial innovation in general. An… Read More

October 15, 2017 @ 4:17 pm By Joey Garcia and Joshua Ashley Klayman  |  

  On September 22, 2017, the Gibraltar Financial Services Commission (GFSC) issued a Statement on Initial Coin Offerings (ICO).   With the GFSC Statement, Gibraltar joined a growing number of jurisdictions that have provided token sale guidance, including, among others, the United States, Canada,  Singapore,  Hong… Read More

October 14, 2017 @ 8:20 pm By Xu Gao  |  

Tencent Received License to Sell Insurance on WeChat and QQ This week, China Insurance Regulatory Commission (CIRC) announced that it had grant an operation license to Shenzhen Wei Min Insurance Agency Co. Ltd. Tencent owns a majority stake (57.8%) of this new insurer. Fubon Property… Read More

October 13, 2017 @ 4:33 pm By JD Alois  |  

LendIt Europe took place in London earlier this week with around 1000+ attendees participating including a good showing of regular suspects and an emerging group of early stage, aspiring Fintech firms. For both presenters and attendees the backdrop of the Brexit decision and the uncertainties… Read More

October 12, 2017 @ 5:11 am By JD Alois  |  

At a presentation by the City of London, a report by KPMG entitled the Value of Fintech, was distributed along with a discussion on the need for the UK to do more to maintain and improve their global Fintech prominence. Speaking for the City of… Read More

October 12, 2017 @ 2:14 am By Therese Torris  |  

As the alternative lending sector matures, the general atmosphere of its flagship event LendIt takes a different tone. The tone of this year’s Lendit Europe was down-to-earth. Hype was out. Business in. Even the discussions about artificial intelligence and blockchain were imbued with much realism…. Read More

October 10, 2017 @ 5:00 am By Therese Torris  |  

On Monday, October 9, Lendit Europe, the event gathering 1000+ representatives of the international fintech and lending scene on the banks of the River Thames, opened with a presentation by Imran Gulamhuseinwala OBE, Global Head of FinTech at consultancy firm EY, who spoke about “The… Read More

October 9, 2017 @ 8:00 am By JD Alois  |  

Uniti is an interesting product with an interesting history. Based in Sweden, Uniti is an electric vehicle concept that was originally crowdfunded on FundedByMe about a year ago raising €1.2 million at a valuation of €9.8 million. Uniti is returning to crowdfunding again but this time… Read More

October 8, 2017 @ 6:35 am By JD Alois  |  

The US Department of Treasury has published a report on ways the government may streamline and reduce burdens of capital markets regulation. The report is an interesting compendium of the pressing need to reduce regulatory hurdles while pointing to policy initiatives that can improve access… Read More

October 6, 2017 @ 8:00 pm By Therese Torris  |  

French online factoring platform Finexkap is pursuing its rapid, yet controlled growth. Doubling in size each year since it opened for business in 2014, the Fintech startup passed last summer the €100 million mark of cumulated financing. France remains one of the markets with the… Read More

October 6, 2017 @ 8:35 am By JD Alois  |  

Andrew Hauser, the Executive Director of Banking, Payments and Financial Resilience from the Bank of England, delivered a speech today explaining why “this time is different.” His statement reflected on detractors who criticize Fintech as more of the same. Sure, ATMs came along and they were… Read More

October 5, 2017 @ 10:02 pm By JD Alois  |  

Late last month, Christine Lagarde, International Monetary Fund Managing Director, delivered a speech in the UK envisioning a future without banks. Now Lagarde did not say banks will no longer exist but she stepped up to the precipice of the death of banking stating there… Read More

October 4, 2017 @ 11:19 pm By JD Alois  |  

Securities and Exchange Commission Chairman Jay Clayton spent much of today visiting with the House Financial Services Committee. This was his first hearing before the Committee since he took the helm of the regulatory agency. Much of Clayton’s prepared remarks echoed his visit to the… Read More

October 3, 2017 @ 7:00 pm By JD Alois  |  

The Financial Industry Regulatory Authority or FINRA is currently in the midst of a comprehensive review of its rules and practices. The internal project has been labeled FINRA 360 and is said to ensure that FINRA is operating as the most effective self-regulatory organization it can be…. Read More

October 2, 2017 @ 9:15 pm By JD Alois  |  

Early in the crowdfunding game, RocketHub was a prominent platform in the rewards space. The platform was sold in 2015 for $15 million and eventually the founders moved on to pursue other ventures. The acquiring company, privately held Eleqt Group, has since repositioned RocketHub as… Read More

October 2, 2017 @ 6:01 pm By JD Alois  |  

Marco Santori, Fintech Team Leader at the law firm of Cooley LLP, has published a white paper tackling the issue of “Simple Agreement for Future Tokens” or SAFTs – the widely used structure for Initial Coin Offerings (ICOs). Santori proposes a path toward a compliant framework… Read More