Global

October 2, 2017 @ 10:07 am By JD Alois  |  

Research has recently been published that includes an interesting perspective on the rewards or pre-sale crowdfunding space. The report cautions campaign creators on what they should, or should not claim, in launching a project. According to the research, Kickstarter campaign creators must take note: pre-sale… Read More

October 2, 2017 @ 9:23 am By JD Alois  |  

Zopa, the largest peer to peer consumer lending platform in the UK, has revealed a new partnership with Saffron Building Society that will deliver a physical presence for the online lender. The new partnership was announced today with Zopa CEO Jaidev Janardan commenting; “The partnership… Read More

October 2, 2017 @ 8:12 am By JD Alois  |  

  ESF Capital, along with its operating subsidiary ThinCats – a secured peer to peer lending platform, reports it has concluded a funding program for loans of up to £5m for growing UK small and medium-sized enterprises (SMEs). The new £200 million funding program comprises… Read More

October 1, 2017 @ 1:28 pm By JD Alois  |  

Equity crowdfunding is a global phenomenon, yes one platform stands above the rest in taking a global approach, unconstrained by national borders. OurCrowd, a crowdfunding platform that invests in every single offer listed on its site, is Israel-based but investors from around the world gain… Read More

October 1, 2017 @ 9:46 am By JD Alois  |  

  Beehive, based in Dubai and MENA’s leading peer to peer lending platform, has raised $5 million in funding as part of a Series A round led by Riyad TAQNIA Fund along with participation by the Mohammed Bin Rashid Fund (MBRF), the financial arm of… Read More

September 30, 2017 @ 2:00 am By Xu Gao  |  

CreditEase Fintech Investment Fund is Making a New Investment. Guess Who the Fund is Interested in?  Last week (September 18th -24th), CreditEase Fintech Investment Fund, a venture committed to investing growth-stage Fintech startups in China and globally, announced a new round of investment to three… Read More

September 29, 2017 @ 1:01 pm By JD Alois  |  

Earlier this week, the Australian Securities and Investment Commission (ASIC) came out with a statement on the emerging Initial Coin Offering (ICO) market that clarified its perspective on tokenized crowdfunding offers. Australia is a country that has been very aggressive in establishing itself as a… Read More

September 29, 2017 @ 11:37 am By Samantha Hurst  |  

Digital money transfer company WorldRemit announced on Friday it has expanded its partnership with Wafacash, a subsidiary of Attijariwafa Bank, to offer instant money transfer services across west and central Africa. According to WorldRemit, the companies already work together in Morocco and Senegal but will expand into… Read More

September 29, 2017 @ 10:07 am By JD Alois  |  

InvestHK is out with a laudatory statement regarding the Hong Kong Monetary Authority’s decision to “upgrade” its FIntech Supervisory Sandbox with new features.  FinTech Sandboxes have also been announced by the Securities and Futures Commission (SFC) and the Insurance Authority. These actions mean that pretty… Read More

September 29, 2017 @ 2:00 am By Therese Torris  |  

The French real estate crowdfunding market grew by 50% in 2016 and keeps growing at the same linear growth pace in 2017. While new platforms continue to join, first entrants strongly dominate the nascent market. With €160 million worth of real estate projects funded, the… Read More

September 28, 2017 @ 11:23 am By Erin Hobey  |  

MoneyOnMobile, Inc. (OTCQX: MOMT) announced an agreement with ShopClues, one of India’s largest e-commerce marketplaces, to enable the in-store purchase of ShopClues products using the MoneyOnMobile platform at any of its participating 335,000 retailers. “The alliance with MoneyOnMobile is in sync with ShopClues’ vision of… Read More

September 28, 2017 @ 10:42 am By JD Alois  |  

  Orchard Platform, the nexus of loan originators and institutional investing, has updated their ongoing graphical view of the online lending  world or “Lendscape”.  As the online lending universe has moved from peer to peer lending, to marketplace lending to all forms of online lending,… Read More

September 28, 2017 @ 9:28 am By JD Alois  |  

The investment crowdfunding market is changing in Australia and it is changing for the better. While it has taken policymakers a bit of time to update existing rules, new regulations commence on September 29th ushering a new era of raising capital online. Labeled “crowd-sourced funding”… Read More

September 28, 2017 @ 8:03 am By JD Alois  |  

Stockholm based Sharpfin AB has topped its funding goal of SEK 1.65 million holding at SEK 2.3 million on Invesdor. This marks the first successful Swedish offer listed on Invesdor which is based in Finland. The company has extended the subscription period of its equity… Read More

September 28, 2017 @ 2:00 am By JD Alois  |  

The global crowdfunding ecosystem is still quite young. When you compare traditional forms of capital formation to emerging online models crowdfunding is very much in its infancy and will take many years to fully mature. Prognosticators abound as to the success, or failure of, alternative… Read More

September 27, 2017 @ 9:32 pm By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) has just published their spin on the burgeoning Initial Coin Offering (ICO) market. John Price, ASIC Commissioner, stated; “We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any… Read More

September 27, 2017 @ 2:13 pm By JD Alois  |  

The Finance Innovation Lab has revealed the appointment of six new Trustees, including a new Chair and Treasurer. The new appointments were s described as further strengthening the Lab’s leadership as it seeks to grow its work for a financial system that serves people and… Read More

September 27, 2017 @ 9:00 am By Erin Hobey  |  

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, has launched a new product called Zero Deductible which offers new and existing Lemonade members a ‘zero deductible’ upgrade, so they can make up to two claims each year with no deductible payments, and no rate hikes. The launch… Read More

September 27, 2017 @ 8:26 am By JD Alois  |  

The Italian Ministry of Economy and Finance, along with the City of Milan, have announced the opening of the “Milan Fintech District”, the country’s first hub dedicated to innovations in the financial industry. The hub is described as a dedicated place for start-ups, entrepreneurs, financial… Read More

September 27, 2017 @ 8:00 am By JD Alois  |  

Innovate Finance has announced the appointment of Danny Lopez and Iain Anderson as non-executive directors of the organisation. Lopez is the Chief Operating Officer of Blippar, a technology company specializing in augmented reality and artificial intellegence. Between 2011 and 2016 Lopez was the British Consul General to New York and was Director General of UK Trade & Investment in the United States. He played a… Read More