Tag Archives: Fintech

Crowdfunder Revolutionizing Fintech

Fintech is revolutionizing banking and the public is ready. The United Kingdom fintech company Monzo raised ¬£1 million in just 96 seconds on the “equity crowdfunding site Crowdcube, crashing their servers and setting the record for the fastest ever crowdfunding … Continue reading

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Swiss Loosen Money Laundering Rules For Fintechs

In a move counter to today’s legal tightening, Swiss banking authorities are loosening rules to counter money laundering for small new fintech companies. The regulator, FINMA, has determined that “small” institutions are those with gross revenues under 1.2 million Swiss … Continue reading

Posted in accredited investor, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Dodd Frank, fraud, Investments, Jobs, Legislative Intent, review, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Crowdsourcing For Profit

Here’s a smart idea: Ask the public to ¬†show you how to make money in the markets and then agree to license that idea for a percentage of the profits you make using it. Quantopian claims to crowdsource quantitative investing … Continue reading

Posted in balance, Banking, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Investments, Jobs, Legislative Intent, review, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Index In The Works

Chinese and United Kingdom fintech firms plan to create a crowdfunding index, like the S&P 500 to track crowdfunding offerings, primarily in China. By 2015, over $1.65 Billion was raised by crowdfunding in China and the World Bank estimates that … Continue reading

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First Sharia-Compliant Crowdfunding Portal Approved

Yielders is apparently the first crowdfunding platform that has been approved by the United Kingdom’s Financial Conduct Authority that is in compliance with Sharia law. Some think it is partially as a result of Brexit and the desire of the … Continue reading

Posted in accredited investor, balance, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

First Intra-State Crowdfunding Portal Approved

TruCrowd Florida is the first funding portal to be approved by the State of Florida to help companies crowdfund from Florida residents only. The Florida “intra-state” crowdfunding law will let entrepreneurs raise up to $1 million over a 12-month period. … Continue reading

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

Chinese Investors Crowdfunding US Real Estate Deals

With the Chinese economy backtracking, middle class Chinese investors are looking to Brooklyn and Tennessee to stash their devaluing yuan. A number of real estate crowdfunding sites are targeting the Chinese investor by offering them a (relatively) safe place to … Continue reading

Posted in accredited investor, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Legislative Intent, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

UK Regulatory Pendulum Swings Towards Tighter Crowdfunding Rules

The United Kingdom’s financial regulator, the Financial Conduct Authority, says it will be cracking down on Peer to Peer crowdfunding lending sites. The FCA said it is “difficult for investors to understand the risks and returns of crowdfunding, marketing material … Continue reading

Posted in accredited investor, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, Investments, Jobs, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Hip Crowdfunding Store Pops Up in Paris

What’s more hip than Paris? The French crowdfunding site KissKissBankBank has opened the first crowdfunding store in the 10th Arrondissement called La Maison du Crowdfunding (of course). It’s a cross between a branch bank and an Apple store with educational … Continue reading

Posted in Banking, Banks, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Film, Funding Portals, Investments, SEC, Small Business, technology, VC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Pros Say Crowdfunding About To Crash

Certain finance professionals in the UK believe that crowdfunding lending is “a car crash waiting to happen.” At the Finance Professional Show in London, that lender based his conclusion on the belief that there are too many lenders who don’t … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, Funding Portals, Investments, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment