Opinion

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 26, 2017 @ 7:45 am By JD Alois  |  

The UK housing market has struggled for years as high demand has challenged supply. The markets have reacted naturally by driving housing costs up. Home buyers and renters have struggled to keep up. London has become one of the most expensive property markets in the… Read More

May 25, 2017 @ 6:19 am By Erin Hobey  |  

How deep is your love? LendingHome, a leading US mortgage marketplace lender, released new survey data showing that 60 percent of millennial and Gen X couples disagreed occasionally, frequently, or “a lot” when buying a house with their partner or spouse yet logically may be able to better navigate… 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 @ 2:51 pm By Jonathan Nieh  |  

More and more banks might soon be adopting cryptocurrencies into the services they offer, according to an article published on CoinDesk this week. A Controversial Technology Cryptocurrencies, like Bitcoin and Ether, have been a contentious topic lately. Because of the relative lack of regulations covering cryptocurrencies, many… 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 23, 2017 @ 2:26 am By Jonathan Nieh  |  

The Ethereum Enterprise Alliance (EEA) has announced the addition of over 86 new members to the group. The EEA is an alliance of fortune 500 companies, startups, academics, and technology vendors with a shared goal: to build and develop Ethereum with a clear roadmap for… Read More

May 22, 2017 @ 2:26 pm By JD Alois  |  

The UK has led the European continent in economic growth and Fintech innovation. This welcomed phenomenon is due, in part, to a culture of entrepreneurism and a supportive government. One important catalyst in the growth equation are the tax incentives available to early and mid-stage… Read More

May 22, 2017 @ 11:10 am By JD Alois  |  

Sam Guzik, a securities attorney and Crowdfund Insider Senior Contributor, has shared his perspective on Congressman Patrick McHenry’s letter to SEC Chair Jay Clayton. Guzik welcomes, McHenry’s requests but believes more needs to be done; “I applaud the unrelenting and tireless efforts of Congressman McHenry… 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 @ 9:54 am By Jonathan Nieh  |  

A year ago, Numerai premiered itself as a “new kind of hedge fund built by a network of data scientists.” Unlike a traditional fund that makes trades based on human decision, Numerai lets anonymous programmers write open source trading algorithms based on data provided by Numerai…. 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 @ 10:29 am By JD Alois  |  

Earlier this month, Crowdfund Insider wrote about the Financial CHOICE Act and the portions that address raising capital online. It is a pretty big piece of legislation at 589 pages and a multitude of subsections. Subtitle P or the “Fix Crowdfunding” appeared to fall short of… Read More

May 19, 2017 @ 2:52 am By JD Alois  |  

Paytm is launching a bank. The news was published in advance of the announcement that SoftBank had invested $1.6 billion into Paytm’s parent company One97 Communications Limited. The SoftBank investment may have been incentivized due to the fact the Reserve Bank of India had approved the… Read More

May 17, 2017 @ 4:23 am By JD Alois  |  

While there has been some progress in the legislative odyssey of “Crowd-sourced equity funding”, as they call it down under, not everyone is pleased with the current results. VentureCrowd, a multi-class crowdfunding platform providing early stage, property and “crowd credit” finance, has labeled the process… Read More

May 16, 2017 @ 10:15 pm By JD Alois  |  

Earlier this week, the Conference on State Bank Supervisors (CSBS) announced their “Vision 2020” initiative. The intent is to provide a solution for emerging Fintech firms and non-bank financial services. Vision 2020 comes after the CSBS sued the Office of the Comptroller of the Currency… Read More

May 16, 2017 @ 1:03 pm By JD Alois  |  

There has been much discussion about the potential of investment crowdfunding to empower women and minorities. Occasionally we receive data or research that shares encouraging information that underserved communities are benefiting by newfound sources of capital. Recently, I saw a datapoint on Crowdcube, the largest… 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 16, 2017 @ 9:54 am By JD Alois  |  

Wefunder has sent a letter addressed to the Securities and Exchange Commission (SEC). On the anniversary of the launch of Title III of the JOBS Act, or Regulation Crowdfunding (Reg CF), Nicholas Tommarello, co-founder and CEO of Wefunder, has taken a moment to reflect on… Read More