Posts Tagged ‘ SEC ’

Top 15 European “Peer-to-Peer” Lending Services

Top 15 European “Peer-to-Peer” Lending Services

By David Drake CrowdFundBeat Sr. Guest Editor,  Chairman, Drake Hospitality Group, Crowdfunders generally fall into different categories like equity, donation, reward and debt. The last one is also known as microfinancing or what is commonly referred to in Europe as “peer-to-peer lending.” Funding is generally in the form of a simple loan, but over time, other instruments may possibly evolve from this. Here are the top 15 up-and-coming peer-to-peer lenders that are making the financial waves in Europe. This is an update to a previous top 10 list published on Forbes last March 26th. 1. Zopa – This London-based P2P lender offers loans of up to £10,000 where individual borrowers deal directly with…

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Crowdnetic Launches Crowdfunding Data on Leading UK Financial Media Site, Opens London Office

Crowdnetic Launches Crowdfunding Data on Leading UK Financial Media Site, Opens London Office

CrowdFunding News Beat UK, Crowdnetic officially announces the opening of its London office and its premier data content suite is now available on Digital Look. Crowdnetic, a New York-based provider of technology and market data solutions to the global crowdfinance industry, launched on leading financial media site Digital Look today. This premier content suite features real-time information on private UK-based companies that are publicly raising capital online through securities-based crowdfunding and marketplace lending portals. Digital Look provides financial data, news and tools to investors and traders. “Our partnership with Crowdnetic increases our ability to provide investors with a comprehensive view of information on this rapidly growing…

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Regulator flips as the ePenny drops! Could this presage a sea-change in the USA too?

Regulator flips as the ePenny drops! Could this presage a sea-change in the USA too?

BY Barry E James, Founder & CEO at The Crowd Data Center & The Crowdfunding Centre, Founder / Director of The Social Foundation “It’s an imperative for regulators to be standing on the right side of progress… A key objective of the Project Innovate program is to make sure that positive developments, the ones that promise to improve the lives of consumers or clients, are supported by the regulatory environment.” said Martin Wheatley as he announced the launch this week. This marks a sea-change in the UK where government and parliament have repeatedly and publicly urged the regulator to move from what’s been called a stubborn and inflexible…

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US SEC to propose monumental crowdfunding rules on Wednesday

US SEC to propose monumental crowdfunding rules on Wednesday

It was supposed to take 270 days. Instead, it has taken about twice that long. On Wednesday, though, federal regulators will come one step closer to allowing people to purchase equity in start-ups through new online “crowdfunding” marketplaces.The Securities and Exchange Commission plans to formally propose rules on Wednesday authorizing companies to widely sell securities through the online portals, the agency announced late Monday. Currently, firms can offer equity crowdfunding deals only to accredited investors.Once the proposed rules are issued, the five-member board plans to vote whether to move forward on them. If approved, the rules will enter into what is expected to be a lengthy…

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Interview with Mike Norman, the co-founder of Wefunder, on Crowdfunding and Raising Capital

Interview with Mike Norman, the co-founder of Wefunder, on Crowdfunding and Raising Capital

It is the mother’s milk of Silicon Valley startups – money, often from investors, to get going and keep growing. And next week new federal regulations will give startups and investors more ways to find each other. Previously, the Securities and Exchange Commission banned companies from advertising publicly to potential investors on TV, radio, in print or at seminars. Now, the SEC is lifting that ban. The change was part of the JOBS Act (Jumpstart Our Business Startups), which Congress passed last year. This means companies could, for example, use crowdfunding websites to put their ideas to the world. And investors could use those sites to…

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