Featured Headlines

May 31, 2017 @ 1:56 pm By Therese Torris  |  

Gregoire de Lestapis has left traditional banking, most recently the direction of BBVA France, for the world of fintech entrepreneurship. In 2016, he joined Lendix, the French SME lending group, as head of its Spanish subsidiary and member of the executive team. In this interview,… Read More

May 30, 2017 @ 2:25 pm By Anthony Zeoli  |  

What was previously a relatively innocuous industry sector, the financial technology (or “Fintech”) industry has exploded over the past few years. With the litany of new Fintech startups and existing Fintech businesses, and even Fintech specific incubators and accelerators popping up, the Fintech revolution is… Read More

May 29, 2017 @ 1:17 pm By Barry James  |  

It may be counterintuitive but the research has been done and the results are now in – and it’s as we’ve been saying for almost five years. Fraud in crowdfunding is not just almost non-existent –  so much so as to be hard to measure,… Read More

May 28, 2017 @ 3:41 pm By Adrienne Gonzalez  |  

In their 2016 Year in Giving report, GoFundMe CEO Rob Solomon wrote; “When disaster or violence struck, ordinary people took it upon themselves to help heal the world by starting GoFundMes to provide relief and comfort to those who needed it.” The report highlights some… Read More

May 27, 2017 @ 2:16 pm By Xu Gao  |  

Bank of China and China Construction Bank to Offer Student Loans to University Students Since China Banking Regulatory Commission released regulations on P2P online lending market last month, the student loan market has stagnated. On May 17, Bank of China and China Construction Bank announced… Read More

May 26, 2017 @ 3:02 pm By Therese Torris  |  

Individual Fintech startups can’t disrupt financial services. It takes an ecosystem to do so. We spoke in Paris with Anaïs Raoux, the Managing Director of the industry association France Fintech about how the association helps build an effective ecosystem for French Fintechs ‒ tackling issues… Read More

May 25, 2017 @ 10:00 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) and the Polsky Center for Entrepreneurship and Innovation and Booth School of Business Booth School of Business at the University of Chicago have revisited the alternative finance market once again with a benchmark study. The research which covers… Read More

May 24, 2017 @ 5:07 pm By JD Alois  |  

This one falls under recently discovered. The Government Accountability Office (GAO) published a report on Financial Technology, or Fintech, for Congress this past April.  The report, subtitled Information on Subsectors and Regulatory Oversight, was at the behest of several members of Congress including; Senator Sherrod… Read More

May 24, 2017 @ 12:20 pm By Therese Torris  |  

    After multiple formal and informal discussions with representatives of the crowdfunding sector, consumer associations and the German financial establishment, the Financial Committee of the German Parliament has drawn its conclusions from the review of one year of operation under the German crowdfunding regulation,… Read More

May 23, 2017 @ 11:46 am By JD Alois  |  

NextSeed CEO Youngro Lee shares what is working & what is not under Reg CF. NextSeed was the very first, crowdfunding portal to receive FINRA approval. But the investment crowdfunding platform was honing its skills and processes under the Texas intrastate crowdfunding exemption before Reg… Read More

May 22, 2017 @ 10:01 am By Georgia Quinn  |  

Once again, crowdfunding’s white knight rides into action. Congressman Patrick McHenry sent a letter to the newly sworn in Chairman of the U.S. Securities and Exchange Commission Jay Clayton outlining certain provisions of the regulations relating to Title III of the JOBS Act that need… Read More

May 21, 2017 @ 1:55 pm By Xu Gao  |  

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

May 20, 2017 @ 4:30 pm By Scott Andersen & George S. Georgiades  |  

With the one year anniversary of Crowdfunding under Regulation Crowdfunding occurring on May 16th, business executives and compliance officers at registered Crowdfunding Portals (CFPs) should be actively preparing for their first regulatory examination by the Financial Industry Regulatory Authority (FINRA).   FINRA’s 2017 exam cycle… Read More

May 19, 2017 @ 3:15 pm By Therese Torris  |  

Twino, one of the leading Baltic lending marketplace, has produced in conjunction with KPMG Baltics a report called Alternative Lending Index which assesses the potential of alternative finance in 23 European countries based on a set of economic credit data. While the report does not… Read More

May 18, 2017 @ 6:22 pm By JD Alois  |  

  Indiegogo was originally envisioned as a vehicle to sell securities in small companies to the masses. That was back in 2008 and, as we all know, the regulatory environment had not yet caught up to the realities of a world with internet access. Thus… Read More

May 18, 2017 @ 10:46 am By JD Alois  |  

As part of a broader initiative to encourage Fintech innovation, the Financial Services Development Council of Hong Kong has published a report on Distributed Ledger Technology (DLT) or Blockchain. Recently, we shared a report on Fintech in which the FSDC chastised officials for not moving… Read More

May 17, 2017 @ 8:25 am By Therese Torris  |  

On Monday, Emmanuel Macron was officially inaugurated as President of France. He is France’s youngest President ever, and the youngest democratically elected head of State worldwide. He is also a known proponent of Fintech and crowdfunding. To give a bit of background to those who… Read More

May 16, 2017 @ 12:35 pm By Catherine Yushina  |  

    The new crowdfunding rules – Regulation Crowdfunding (Reg CF) – are celebrating 1 year anniversary of being in force on May 16th. The new rules open new opportunities for both sides. Business owners have an alternative to funding their companies from a bigger… Read More

May 16, 2017 @ 10:36 am By JD Alois  |  

Doug Ellenoff is one of the most recognizable names in the crowdfunding space. A founding partner of the Manhattan law firm of Ellenoff, Grossman and Schole, LLP, he has spent the last few years acting as a JOBS Act champion and crowdfunding advocate both publicly… Read More

May 15, 2017 @ 11:00 am By Samuel Guzik  |  

With the Jumpstart Our Business Startups (JOBS) Act having just reached its five year milestone, Regulation Crowdfunding hitting its one year milestone, and the two year anniversary of Regulation A(+) fast approaching, I thought this would be a good time to (briefly) reflect on the… Read More