General News

May 17, 2017 @ 10:04 am By JD Alois  |  

The SEC’s Advisory Committee on Small and Emerging Companies (ACSEC) addressed questions about secondary market liquidity in Reg A+ securities last week at their meeting in DC.  The Committee members reviewed challenges and demands for facilitating secondary transactions. Providing liquidity is an important aspect of… Read More

May 16, 2017 @ 10:59 pm By JD Alois  |  

According to a report by Bloomberg, Earnest is up for sale. The San Francisco based online lender is said to have an asking price of $100 million. Founded in 2013, Crunchbase reports Earnest has raised over $99 million not including an undisclosed sum in a… Read More

May 16, 2017 @ 10:11 am By Erin Hobey  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced its first batch of Fintech Regulatory Laboratory (Reglab) participants comprising five local and international Fintech startups with various innovation offerings.The ADGM Reglab is reportedly the first Fintech regulatory sandbox and framework in the… Read More

May 16, 2017 @ 8:54 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced the 2nd edition of the Singapore FinTech Festival, to be held in Singapore from 13 to 17 November 2017. The event is organized in partnership with The Association of Banks in Singapore (ABS) and in collaboration with SingEx… Read More

May 16, 2017 @ 7:49 am By JD Alois  |  

NextGen Crowdfunding, a platform that helps people explore new types of crowdfunding, has announced a webinar special celebrating the one year anniversary since Title III regulations took effect in May 2016. The webinar will take place today (May 16, 2017) at 1PM PT / 4PM ET…. Read More

May 16, 2017 @ 6:29 am By Erin Hobey  |  

“…crowdfunding is an incredible resource for independent artists and is a powerful way to maintain creative control of our work.” This time of year is filled with graduations and future plans for promising students, artists and songwriters.  Kickstarter covers an interesting earful of projects from songwriter students who… Read More

May 16, 2017 @ 5:39 am By Erin Hobey  |  

LuxTrust S.A., a company based in Luxembourg, and Cambridge Blockchain LLC, a Massachusetts-based company providing identity-management enterprise software, today announced a joint effort to develop a new identity platform for the European market. “LuxTrust is committed to providing better identities for people and things. Working… Read More

May 16, 2017 @ 5:21 am By Erin Hobey  |  

The People’s Bank of China has set up a committee that will investigate the impact of fintech on monetary policy and financial markets as well as how big data and AI can be used for regulatory oversight, according to a release. China has emerged as a… Read More

May 16, 2017 @ 2:37 am By Jonathan Nieh  |  

  Equity crowdfunding and credit unions are a match made in heaven, according to a recent article on Business News Daily. At the heart of equity crowdfunding is the goal of democratizing capital formation; allowing companies to raise money from online communities of investors who campaign… Read More

May 15, 2017 @ 11:17 am By Erin Hobey  |  

Payza, a global mobile payment platform, announced that it had become one of the first eWallet providers to treat Bitcoin like any fiat currency. Members can now hold their bitcoins directly in their Payza eWallets, no longer needing a separate Bitcoin Wallet to perform Bitcoin… Read More

May 15, 2017 @ 10:51 am By Erin Hobey  |  

Fermin Bueno, Managing Partner & Co-founder at Finnovista and Startupbootcamp FinTech Mexico City, recently posted a Fintech Radar for Peru via LinkedIn, in which he and his team identified 45 Fintech startups currently operating in Peru. The Peruvian Fintech ecosystem is currently experiencing extremely rapid growth, according… Read More

May 15, 2017 @ 9:50 am By Erin Hobey  |  

KPMG International has announced the acquisition of Matchi, a global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. The Matchi platform includes more than 700 curated fintech solutions and a database… Read More

May 15, 2017 @ 6:36 am By Erin Hobey  |  

Indonesian P2P lender Taralite announced that it has a raised a US$6.3 million funding round from Japanese fintech conglomerate SBI Group, the valuation of the round was undisclosed, according to multiple news sources. Begun as as a lending platform that finances celebratory events such as weddings and Hajj… Read More

May 15, 2017 @ 6:06 am By Erin Hobey  |  

P2P lending platform RateSetter announces that Paul Manduca has been appointed as Non-Executive Chairman. Manduca will join the Board on 1 June and will become Chair on 17 July, when current Chairman Alan Hughes’ three-year term expires. “Lending as an asset class has always been a virtual… Read More

May 14, 2017 @ 11:18 pm By JD Alois  |  

Launched in 2015 with the personal approval from the Chinese President Xi Jinping, Silk Ventures is on a mission is to build the most advanced New ‘Silk Road’ for technology companies seeking to expand to China and for Chinese companies seeking to ‘go global’.  The… Read More

May 13, 2017 @ 12:07 pm By Samantha Hurst  |  

FundYourselfNow, a global cryptocurrency crowdfunding platform, announced earlier this week it is set to launch in the first quarter of 2018. The funding portal revealed: “The year 2016 saw over $200 million worth of cryptocurrency investments raised though the ICO (Initial Coin Offering) process. But… Read More

May 12, 2017 @ 3:01 pm By Samantha Hurst  |  

On Thursday, Netherlands-based Rabobank announced it teamed up with fintech firm Signicat to launch their digital identity service provider (DISP) called Rabo eBusiness. According to the companies, this new service offers a range of online login, identity, signature and archiving solutions. It also provides “optimal convenience”… Read More

May 12, 2017 @ 10:20 am By JD Alois  |  

The merger between the Crowdfund Intermediary Regulatory Advocates (CFIRA) and the Crowdfunding Professional Association is reportedly on hold. A merger between the two entities was publicly announced by a CFPA representative at an event in Washington, DC earlier this month. The announcement was followed by an email… Read More

May 12, 2017 @ 9:46 am By Samantha Hurst  |  

UK-based peer-to-peer lender Assetz Capital announced on Friday it is extending the deadline on its 30-Day Access Account promotional rate from May 11th to midday on June 6th. According to the online lending platform, since the rate increase went live on April 13th, investors have had access to a target, capped return of 4.75% per annum… Read More

May 12, 2017 @ 8:43 am By Erin Hobey  |  

Depending on when your weekend starts, whether on Thursday night or Friday afternoon or the more traditional Friday evening, you may be tempted to have cocktails every night made with guidance of The Aviary Cocktail Book after glimpsing at the extraordinary concoctions from Alinea creators and… Read More