Equity crowdfunding gets green light
Australian businesses will be allowed to equity crowdfund in the future, following the introduction of draft legislation by the Australian government.
Seedrs, one of the UK’s biggest equity crowdfunders, intends to launch a secondary market in the summer of this year. This would be the early-stage equity crowdfunding sector’s first secondary market.
Prestige Fund Management, the specialist asset manager that focuses on lending to small and medium businesses in the UK, has launched a second new share class for a Middle East based, sovereign wealth fund.
Yesterday we learnt that leading US marketplace lender Prosper has been misstating investor returns, due to a system error. That error has now been resolved, according to spokesperson Sarah Cain. Bloomberg broke the news, reporting that the issue has been going on for several quarters.
Alternative finance is leading the way in the high growth market for financial services disruption, according to a new report.
RISING inflation may provide alternative finance firms with an opportunity to entice usually-conservative savers, as the vast majority of financial advisors expect Brits will move some of their cash deposits into other asset classes to prevent their cash value being eroded.
With banking as a service allowing financial institutions to embrace innovation, we are now witnessing a period of accelerated evolution. With many now making comparisons with the development of mobile as a platform and the emergence of apps, it will transform an industry and bring benefits to developed economies and emerging markets.
Abundance, one of the biggest “crowd lending” firms in the renewable energy space, is yet to lend a pound in 2017. So what’s happened?
How Basel 3 rules WILL impact our lives. The impact these regulatory rules will have on almost everyone in the western world are highly disregarded and most of us don’t know the shitstorm we have in front of us and therefore I will try to explain in a nutshell what will happen in the coming year and especially when the clock hits twelve on the 31st of december 2017.
Europe is in fear of an anti-establishment populist wave crashing through all member countries. What started with Brexit is now showing signs in other member countries.