Tag Archives: disintermediation

Peer Pressure To Repay Crowdfunded Loans

Crowdfunding debt has taken a new turn with Vouch. Backed by VC’s and started by ex-PayPal and ex-Prosper execs (with Silicon Valley connections), the more folks who will guarantee a portion of your loan, the high your debt and the … Continue reading

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Who Needs Banks?

Has the banking industry figured it out? Disintermediation is rampant now. Huffington Post’s recent article discusses the many ways you can now get financing without begging your branch manager. The list includes: private lenders, including retailers like Staples; of course, … Continue reading

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Kickstarter Replacing Amazon Payments With Startup Stripe

Amazon payment processing, that has done over $1 Billion in donations for Kickstarter, is being ousted in favor of startup Stripe. Kickstarter apparently does not like Amazon’s new Log In and Pay service that replaced its flexible payment plan in … Continue reading

Posted in Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Vote of Confidence On Wall Street

Wall Street has joined Silicon Valley in boosting crowdfunding peer-to-peer lender LendingClub Corporation as three of its private investors bailed to the tune of $115.5 million. Oversubscribed by 20X, the company added shares and increased the price of the offering … Continue reading

Posted in Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Peer-To-Peer Lender Files For IPO

Crowdfunding continues to become a legitimate funding alternative as Lending Club files for an IPO this week. Pre-filing valuation was at $4 Billion and the offering is seeking to raise $500 million. LC is a peer-to-peer lender that has recently … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

UK’s CrowdCube Intros Mini-Bonds

The UK’s leading equity crowdfunding platform continues to innovate, now offering the first (?) crowdfunded mini-bond. Investors who lend to Chilango’s, a Mexican restaurant chain, and/or a number of other companies, ¬†will receive: 8% fixed interest per annum; paid in … Continue reading

Posted in Banking, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

VCs Like Peer to Peer Crowdfunding

Some VCs seem to think that crowdfunding may disintermediate banking. New investors Foundation Capital, Partech Ventures and Scott Bommer together with existing investors Index Ventures and Union Square Ventures put $16 million of new money (following a first round of … Continue reading

Posted in Banking, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment