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DSTLD Returns to SeedInvest to Crowdfund

DSTLD, a company that wants to disrupt the $200 billion fast fashion market with fairly priced, direct-to-consumer premium clothing (like jeans), has returned to SeedInvest to crowdfund their Series A-2 round. Previously, DSTLD raised $1.7 million under Reg A+ crowdfunding rules. The company has returned… Read More

Seedrs Success: Bonaverde Closes Campaign With More Than £1.3 Million in Funding

Earlier this week, German coffee start-up Bonaverde completed its equity crowdfunding round on Seedrs. The company launched the campaign earlier this summer, seeking £750,000 and within the first month it surpassed its funding target and finished the round with more than £1.3 million. As previously reported, Bonaverde raised $681,461 from 2,254 backers on Kickstarter… Read More

Securities and Exchange Commission Commences Search for “Advocate for Small Business Capital Formation”

The Securities and Exchange Commission (SEC) has announced the launch of a nationwide search to fill the position of the Advocate for Small Business Capital Formation. The new post was created by legislation signed into law at the end of 2016. The mission of the Advocate… Read More

Shocker: SoFi CEO Mike Cagney to Step Down End of Year

SoFi co-founder and CEO Mike Cagney has announced he will resign from SoFi at the end of this year. In a message to SoFi employees last night, Cagney said it was with “heavy heart” he will depart the iconic firm he founded. The announcement comes… Read More

Payza’s Cryptocurrency Address Manager Now Live: Bitcoin Management Made Easy

Payza, the Montreal-based payments technology company, has introduced a new cryptocurrency feature, Cryptocurrency Address Manager. This new feature enables Payza members to generate and manage cryptocurrency addresses from within their Payza accounts. With this launch, Payza members will be able to generate their own Bitcoin… Read More

Update: JJ Watt’s YouCaring Campaign Secures More Than $9.4 Million For Hurricane Harvey Victims

Just days after Texans football player JJ Watt launched a crowdfunding campaign on YouCaring dedicated to Hurricane Harvey victims, the initiative has successfully secured more than $9.4 million from nearly 100,000 supporters. As previously reported, Watt kicked off the campaign on Sunday afternoon with a… Read More

Novume Solutions Begins Trading on OTCQX, Boosted by Reg A+ Offer

Novume Solutions, a holding company formed as part of the merger between Keystone Solutions and Brekford Traffic Safety, has commenced trading on OTCQX. Keystone Solutions utilized the Reg A+ securities exemption to raise $5.3 million earlier this year. A copy of the Offering Circular is… Read More

Warning! Singapore tells Consumers to Exercise Due Diligence on Initial Coin Offerings

The Monetary Authority of Singapor (MAS), along with the Commercial Affairs Department (CAD) have published a warning to consumers regarding Initial Coin Offerings (ICOs) or Token Offers and other investment schemes involving digital coins. The ICO market and affiliated Token Offerings has risen rapidly catching… Read More

FinTech Australia Points to Strengths & Opportunities as Outlined in Two Recent Reports

FinTech Australia is out with a statement saying that two recent independent reports bode well for the underlying strength of Australia’s Fintech industry and further opportunities for growth. Earlier this week, the Reserve Bank of Australia released a discussion paper on consumer payment methods.  On… Read More

FundersClub Streamlines Platform Operations

FundersClub, an online venture capital platform providing access to early stage growth companies for accredited investors, has downsized and streamlined operations.  Crowdfund Insider recently heard some industry chatter regarding a culling of staff so we reached out to CEO and co-founder Alex Mittal for an… Read More

Chief Deputy Whip Patrick McHenry & Congressman Gregory Meeks Introduce Bill Addressing Madden v. Midland Case

Chief Deputy Whip Patrick McHenry, the Vice Chairman of the House Financial Services Committee has partnered with Congressman Gregory Meeks to introduce HR 3299 entitled, “Protecting Consumers’ Access to Credit Act of 2017“. This bill is designed to “restore consistency to our nation’s lending laws… Read More

Nesta Reveals 20 Fintechs Competing to Win £5 Million in the “Open Up Challenge”

Nesta , a global innovation foundation, has announced the twenty Fintech firms that will participate in the Open Up Challenge. Nesta announced the competition this past February. The Open Up Challenge is a global search for organizations who would use new open banking Application Programming… Read More

Crowdsurfer Rebrands as TAB

Alternative finance data aggregator Crowdsurfer has rebranded as TAB or insidetab.io. The new name was selected in response to customer and partner feedback, according to management. TAB stated; “With TAB, we have created a brand that reflects these changes through our best-in-class data technology, market… Read More

Robo.Cash & Latvian Alternative Financial Services Association to Jointly Develop P2P Tech

ROBO.CASH and Latvian Alternative Financial Services Association have announced their intent to develop peer-to-peer technologies in Latvia. ROBOS.CASH is a part of the European financial holding group with affiliated credit companies in Spain (Prestamer.es), Russia (Zaymer.ru, FinTerra) and Kazakhstan (Zaimer.kz). The group, founded by Sergey… Read More

Investor protection vs Access to Finance: The Growth of Alternative Finance

The presentation embedded below is an interesting perspective on the growth of alternative finance, specifically in Europe. There has been a certain amount of discussion regarding the tepid growth of investment crowdfunding in the US (not including marketplace lending) and the reasons why the sector… Read More

Stockholm Based Payments Platform Klarna Receives Full Banking License

This trend is picking up speed. Fast growing Fintech firms are looking to receive regulatory approval to operate more like a bank. Klarna, a Sweden based payments platform, was granted a full banking license by the Finansinspektionen, (the Swedish Financial Supervisory Authority) last week. Klarna management… Read More

One Spark Reboot: Crowdfunding Festival Revamps for 2017

Following a period of change and introspection, One Spark will return this October with a new venue, a new partner , and a new outlook. What was once a weeklong urban street festival has now been revamped as a two-day event held in the U.S Assure… Read More

SEC Chair Jay Clayton Requests Comments on Controversial Department of Labor Fiduciary Rule

The Chairman of the Securities and Exchange Commission (SEC) Jay Clayton published a request for comments today tackling a controversial topic. Chair Clayton addressed the Department of Labor’s “Fiduciary Rule” that deals with the conduct of investment advisors and broker dealers. It will also impact… Read More

Seedrs: Andy Murray Invests in Three UK Entrepreneurs, Den, Morpher & Landbay

Tennis star and Seedrs advisor Andy Murray has invested in three early-stage UK businesses. The Seedrs listed companies include Den, Morpher and Landbay. Murray’s Seedrs originated portfolio now stands at over 20 companies, according to the platform.  As has been the case in the past, Murray… Read More

Hunting Down a Delicious Investment? Check out The Dip Society on Seedrs

Co-founded in 2011 by Helen Boyle and Claire Ollard, The Dip Society offers healthy dips and pâtés in several British retailers and independent shops including Selfridges, Booths and Ocado. Primed for further growth, the all-female executive team has paired with Seedrs to raise £300,000 by way of… Read More