Insurance Giant Allstate Set to Acquire Fintech Company SquareTrade

Posted 2nd December 2016

Earlier this week, the Allstate Corporation (NYSE: ALL) announced it is set to acquire SquareTrade, a fintech company that provides consumer protection plans and distributes through major retailers, i...

Here is the OCC Paper on National Bank Charters for Fintech Firms

Posted 2nd December 2016

In a speech today, Thomas Curry, Comptroller of the Currency, announced the creation of National Bank Charters for Fintech firms. As part of the announcement, the Office of the Comptroller of the Cu...

Office of the Comptroller of the Currency will Offer National Charters for Digital Banks

Posted 2nd December 2016

Thomas Curry, Comptroller of the Currency, Officially Announces Bank Charters for Fintech In a speech delivered at Georgetown University today, Thomas Curry, Comptroller of the Currency, announced th...

Cheers: Portugal’s Wine With Spirit Seeks £400,000 Through Seedrs

Posted 2nd December 2016

Wine With Spirit, a Portugal-based wine producer, has launched an equity crowdfunding campaign on Seedrs. The winetech company is seeking to raise £400,000 for growth and development. Founded in 201...

CAN Capital Removes CEO Dan Demeo

Posted 2nd December 2016

Online lender CAN Capital has removed CEO Dan Demeo and promoted Parris Sanz in his place. Bloomberg reported that Demeo and two other executives were on a “leave of absence” sending shud...

BrewDog Returns to Crowdcube With New Mini Bond Offering

Posted 2nd December 2016

Scotland-based craft brewer, BrewDog, has returned to Crowdcube. The company launched its mini bond offering on the equity crowdfunding platform, seeking £500,000 to £10 million in funding and withi...

“Kingdom Death: Monster 1.5” Captures $6.4M First Week on Kickstarter & Named Third Most Funded Game on the Platform

Posted 2nd December 2016

Just one week after board game creator Adam Poots launched a Kickstarter campaign for Kingdom Death: Monster 1.5, the new game has successfully secured more than $6.4 million from over 13,275 backer...

Congressman Jeb Hensarling to Remain Chair of House Financial Services Committee

Posted 2nd December 2016

Congressman Jeb Hensarling will continue his leadership as Chairman of the influential House Financial Services Committee during the forthcoming 115th Congress in 2017. Hensarling has been a vocal ad...

Lion Shield’s “Kingdoms and Castles” Quickly Surpasses $15,000 Funding Target on Fig

Posted 2nd December 2016

Earlier this week, video game studio Lion Shield launched a crowdfunding campaign on Fig. The company sought to raise $15,000 for its latest project, Kingdoms and Castles, and within a matter of days ...

P2P Lender Dianrong Joins Hyperledger Blockchain Project

Posted 2nd December 2016

Chinese peer-to-peer lending platform, Dianrong, announced on Friday it is officially joining blockchain alliance, the Hyperledger Project. The portal claimed to be the first peer-to-peer company amon...

First Four Investment Crowdfunding Offers on Indiegogo Quickly Hit Funding Goals

Posted 2nd December 2016

All four initial Reg CF crowdfunding offers listed by Indiegogo, via their partner platform MicroVentures, have hit their funding targets. This comes after launching investment crowdfunding mid-Nove...

CrowdRise Announcement: Community Secures $4M on #GivingTuesday For Over 1,100 Causes

Posted 2nd December 2016

On Tuesday CrowdRise celebrated the 2016 #GivingTuesday with its annual Giving Tower Campaign. The crowdfunding platform announced $4 million was raised more than 1,100 participating charities compet...