Featured Headlines

October 9, 2022 @ 2:05 pm By Omar Faridi  |  

Decades into the new millennium, finance teams are still behind with digital transformation. Research shows that finance executives are still struggling with process improvement, whether it be document handling, collecting signatures, reporting, or forecasting. Finance is a key function that supports the business with timely… Read More

October 8, 2022 @ 6:58 pm By JD Alois  |  

PayPal’s (NASDAQ:PYPL) forthcoming Acceptable Use Policy is garnering outrage on Twitter as users must agree to monetary penalties for crossing the PayPal moral guidance line. A new Acceptable Use Policy, to take effect on November 3, 2022, states: “You are independently responsible for complying with all… Read More

October 6, 2022 @ 11:42 am By JD Alois  |  

In a letter sent to the Chair of the Committee on Economic and Monetary Affairs of the European Parliament, the European Council said it approved of the Parliament’s position on the Markets in Crypto Assets (MiCA) directive as it stands and it will be adopted… Read More

October 5, 2022 @ 10:10 pm By JD Alois  |  

Bank North, a UK hybrid bank that only gained its banking license in late 2021 is calling it quits, according to multiple reports. Bank North co-founder Richard Baker posted on LinkedIn this past week that the challenger bank “has failed to raise the capital it… Read More

October 5, 2022 @ 5:06 pm By JD Alois  |  

Last week, the Association of Online Investment Platforms (AOIP), a young group aiming to advocate on behalf of online capital formation including securities crowdfunding, visited Congressional staff as well as individuals at the Securities and Exchange Commission. The AOIP members discussed possible legislation and regulations… Read More

October 4, 2022 @ 12:19 pm By JD Alois  |  

Yesterday, as was widely reported, well-known celebrity and influencer Kim Kardashian settled an enforcement action brought by the Securities and Exchange Commission (SEC). The infraction had to do with an Instagram post for EthereumMAX, the issuer of the EMAX token. The post, which was tagged… Read More

October 3, 2022 @ 7:20 pm By JD Alois  |  

The Financial Stability Oversight Council has published the expected Report on Digital Asset Financial Stability Risks and Regulation. According to the US Department of Treasury, the Council voted unanimously to approve the report in response to President Biden’s Executive Order 14067, “Ensuring Responsible Development of… Read More

October 2, 2022 @ 5:33 pm By JD Alois  |  

In November of 2021, the European Union adopted new rules that allow securities crowdfunding platforms to raise capital across all member states. The move has been welcomed by the industry as it will remove national barriers enabling firms to raise up to €5 million across… Read More

October 1, 2022 @ 11:49 am By Omar Faridi  |  

Li Jun, the Founder of Ontology, the project bringing trust, privacy, and security to Web3 through decentralized identity and data solutions, recently shared his views and insights with Crowdfund Insider. Li Jun talked about how Ontology has evolved over the years and achieved significant milestones…. Read More

September 29, 2022 @ 6:33 pm By JD Alois  |  

The Retirement Savings Modernization Act was introduced today by Senators Pat Toomey and Tim Scott, along with Representative Peter Meijer. The Act broadly expands the asset classes available to ordinary citizens for retirement accounts like widely utilized 401k plans. The legislation aims to help individuals better… Read More

September 29, 2022 @ 12:08 pm By JD Alois  |  

  Atlis Motor Vehicles, an EV company, listed its shares on the Nasdaq this week trading under the ticker symbol AMV.  One of the most interesting aspects of the initial public offering (IPO) is the fact that Atlis first raised capital under Reg CF as well… Read More

September 29, 2022 @ 10:45 am By JD Alois  |  

Investment crowdfunding under Reg CF (Regulation Crowdfunding) has emerged as a powerful legislative success, boosting economic growth and providing access to capital for early-stage firms in need of money. Created under the JOBS Act of 2012 – a bipartisan act of legislation, Reg CF has… Read More

September 29, 2022 @ 9:00 am By Omar Faridi  |  

In the past five years, consumers and businesses, small and large, have sent more than five billion Zelle payments, “totaling nearly $1.5 trillion,” according to Early Warning Services, LLC, the network operator of Zelle. Zelle users have “leveraged the convenience and security of Zelle to… Read More

September 27, 2022 @ 10:30 pm By João Vitor Menin  |  

When COVID-19 cases first appeared in late 2019, its contagion abilities were wildly unanticipated by world leaders, and it was ungracefully downplayed by mainstream media. This caused a subsequent uncontrollable outbreak that eventually dampened the quality of life for billions and dented economies across the… Read More

September 26, 2022 @ 5:35 pm By JD Alois  |  

The number of FINRA-regulated Funding Portals continues to increase. These are broker-light platforms that may issue securities under Regulation Crowdfunding (Reg CF), a new exemption created by the JOBS Act of 2012. The Funding Portal sector received a bit of a boost last year as… Read More

September 23, 2022 @ 9:34 am By JD Alois  |  

DealMaker, a crowdfunding company based in Canada but providing services across the US, has been named the 3rd fastest growing company in Canada – reporting a huge 500% rate of growth. While based in Toronto, DealMaker reports 124 employees with a presence in both the… Read More

September 22, 2022 @ 6:27 pm By JD Alois  |  

Several weeks back, the SEC Small Business Capital Formation Advisory Committee (SBCFAC) met and discussed secondary transactions for securities issued under Regulation A (Reg A+) as well as Reg CF. Private securities must adhere to various rules for investors to sell a holding creating hurdles… Read More

September 22, 2022 @ 4:04 pm By JD Alois  |  

The UK government has introduced new legislation that is described as a move to counter those who abuse the UK’s open economy via money laundering or simply hiding ill-gotten gains. The Economic Crime and Corporate Transparency Bill is currently in Parliament, where it is scheduled… Read More

September 21, 2022 @ 3:34 pm By JD Alois  |  

During the House Financial Services Committee hearing on Megabanks today, JP Morgan CEO Jamie Dimon was asked about his opinion on blockchain technology. Dimon said he was not a skeptic when it comes to blockchain, smart contracts, Defi, etc., these are real things in which… Read More

September 21, 2022 @ 2:00 am By JD Alois  |  

The Fintech Founders Summer Survey is out and the results are a bit grim. According to the survey respondents, only 38% believe that the UK is currently the world leader in Fintech, tumbling from 56% just one year ago. The UK has long been recognized… Read More