News Briefing - Crowdfunding, SME And Alternative Finance

the crowd talks investment - panel at an Another Crowd event.

1. US – Equity

Crowdfundinsider reports on regulated platform numbers:

“Reg CF (or Regulation Crowdfunding as it is inconveniently called) is a securities exemption that enables companies to raise up to $1.07 million online via a regulated funding portal or broker-dealer. The concept of a funding portal was created alongside the exemption which was part of the JOBS Act of 2012 (Title III). There are three different crowdfunding exemptions, including Reg CF, in the US that enable online capital formation; Reg A+ (up to $50 million) and Reg D 506c  (unlimited funding but accredited investors only) that provide several options for firms to raise money without becoming a reporting company (IE publicly listed).

When we last visited the list of FINRA regulated funding portals there were 44 approved platforms. As of today (or according to FINRA December 13th), there are now 46 regulated funding portals able to offer Reg CF issued securities.”

As of January 1st, There Are 46 FINRA Approved Reg CF Crowdfunding Portals | Crowdfund Insider

2.US – FinTech

K Reviewer highlights a move from a minor token.

“It was good day for Salt Lending (SALT), as it jumped by $0.0040144728 or 1.70%, touching $0.2397489477. Global Cryptocoin Experts believe that Salt Lending (SALT) is looking for the $0.26372384247 goal. According to 8 analysts could reach $0.55818042403044. The highest price was $0.2518309668 and lowest of $0.2333798322 for January 5-6. The open was $0.2357344749. It last traded at Binance exchange.

For a month, Salt Lending (SALT) tokens went up 16.33% from $0.2061 for coin. For 100 days SALT is down -51.63% from $0.4957. It traded at $1.27 200 days ago. Salt Lending (SALT) has 120.00M coins mined with the market cap $28.77M. It has 120.00M coins in circulation. It was founded on 28/07/2017. The Crypto SALT has proof type and operates under algorithm.

SALT is a membership based lending and borrowing network that allows users to leverage their blockchain assets to secure cash loans. The SALT Secured Automated Lending Technology is a protocol and asset agnostic architecture designed to adapt to the constantly growing class of blockchain assets.”

3. International – FinTech

A look at the future of FinTech, with a nod to AI, in inc42.

4. International – FinTech

Crowdfundinsider reports on the aggressive growth strategies of Circle.

“Digital asset platform Circle has published interesting insight into platform performance during 2018. According to the company, 2018 was a “whirlwind of a year.”

Circle states that they currently serve over 8 million customers from all around the world. Transactions totaled $75 billion during the year (200 million transactions) with customers from every country in the world (195).

The modern spin on financial services that offers both crypto and more traditional services is growing rapidly. Circle foresees “an open internet of finance that will transform and integrate the world more deeply, eventually eliminating artificial economic borders and enabling a more efficient and inclusive global marketplace that connects every person on the planet.”

Customer activity was segregated as follows:

  • United States – 30%
  • Europe including the UK – 25%
  • Asia – 24%
  • Middle East, Africa plus America’s minus the US – 21%

Circle now claims over 1000 institutional clients that compliment its retail services.

During the year, Circle made several important acquisitions.

Crypto exchange Poloniex, one of the largest acquisitions in the youthful crypto industry, has apparently been successfully integrated into the Circle portfolio of services.

SeedInvest, a top investment crowdfunding platform, will become Circle’s lead on the tokenization of securities. SeedInvest is also a broker-dealer.”