Designer Shoe Brand Les Chausseurs Finishes Crowdcube Spain Run With More Than €110,000 Raised Funds

Posted 7th November 2016

Barcelona-based designer shoe brand, Les Chausseurs, has closed its equity crowdfunding campaign on Crowdcube Spain. The company secured over €110,000 from more than 70 investors. Les Chausseurs wa...

On the SEC’s New Intrastate Crowdfunding Rules and the Nanny State

Posted 7th November 2016

By Samuel S. Guzik, CrowdFundBeat special guest editor, Guzik & Associate On October 26, 2016, the SEC’s three Commissioners convened at their headquarters to adopt new rules intended to mode...

Online Platform PrimaryBid Announces Service Improvements For AIM-Listed Company Shares

Posted 7th November 2016

PrimaryBid, a UK-based online platform that provides private investors the opportunity to create their own placings on their own terms, announced on Monday it made some service important to make it ...

Making Money, People and Power Work

Posted 7th November 2016

BY CYNTHIA NEVELS • What do you think of when you see a vacant commercial building in a middle-class neighborhood? Do you say to yourself, “I could start my own business there if I had the capital...

Here is Lending Club’s Q3 Earnings Deck

Posted 7th November 2016

Scott Sanborn, CEO of Lending Club (NYSE:LC) delivered an upbeat report on Q3 results today sharing on the earnings call that progress was moving forward ahead of expectations. Sanborn said investor...

Singapore Based Funding Societies Expands into Malaysia

Posted 7th November 2016

First P2B Online Lending Platform Approved by Regulators in Singapore & Malaysia Funding Societies, a peer-to-business online lender, has received an “in-principle approval” of a Capit...

Lending Club Announces Q3 Results. Originations Down from Year Prior but Beats Expectations

Posted 7th November 2016

Lending Club (NYSE:LC),the largest marketplace lending platform in the US, is out with Q3 results. Lending Club reported a net loss of $36.5 million for the Q3 of 2016, an improvement vs. the net ...

Lending Club Receives $1.3 Billion Commitment from National Bank of Canada

Posted 7th November 2016

Lending Club (NYSE:LC) has announced a significant partnership with the National Bank of Canada and its US subsidiary Credigy. The agreement calls for Credigy, a firm that specializeds in consumer f...

Med-X Files Reg D as Reg A+ Offer Unrolls

Posted 7th November 2016

Med-X – a medical Cannabis startup, listed a Regulation A+ offer on StartEngine back in December of 2015. The securities offer was promoted as the first ever equity crowdfunding campaign for t...

Earnest Has Originated over $1 Billion in Loans to Refinance Student Debt

Posted 7th November 2016

Last week, Earnest, an online lender, announced it had crossed a “major milestone”. The platform shared it had refinanced $1 billion in student loan debt. The company said it had about &...

Singapore vs. London: Who Wins the Fintech Title?

Posted 6th November 2016

According to the Association of Chartered Certified Accountants (ACCA), Singapore is not far from surpassing London to claim the title of top fintech hub of the world. The ACCA’s September r...

Crowdonomic MINT: New Routes to Funding Topic of London Conference

Posted 6th November 2016

New routes to funding – and making them more widely available, are the focus of an international conference to be held at London Southbank University later this month. According to organizers, a...