News Briefing - Crowdfunding, SME And Alternative Finance

crowd in nightclub, seen from a DJ point of view

1.UK – P2P / IFISA

P2PFN asks  whether IFAs are essential to marketing IFISAs.


“PEER-TO-PEER lending professionals are divided on the necessity of attracting independent financial advisers (IFAs) as part of their marketing strategy.

At a recent roundtable event held by Peer2Peer Finance News, supported by Kuflink, industry stakeholders discussed the challenges and opportunities presented by the Innovative Finance ISA (IFISA).


Mario Lupori, chief investments officer at RateSetter, said that the IFA market is one of a number of channels that the platform is focusing on to promote their tax-free product.

“[Our marketing efforts] will be in targeted spaces and we’re looking to increase distribution such as working with IFAs, or execution-only platforms and discretionary wealth managers,” he said.

“There’s a massive industry of people that are aware of P2P and are increasingly being asked about it.”

However, Narinder Khattoare, chief executive of Kuflink, emphasised the benefits of cutting out the intermediaries and going directly to investors."


2. UK – SMEs


Kensington, Chelsea and Westminster Today runs a plug for the Business Funding Show. Last year’s included presentations from the British Business Bank, and the equity platfrom, SyndicateRoom.


3. UK – AltFi


The Mail runs a cautionary tale of FCA-regulated firms selling  unregulated investments such as mini-bonds, precious stones and certain property deals.


4. International – FinTech


Ethereum World News reports a scheduled token auction:

“The Fetch.AI (FET) token sale on the Binance launchpad is scheduled for the 25th of this month at 2pm (UTC). The event is meant to last till the 2nd of March. The token sale will only accept Binance Coin (BNB) and have one session only. A brief summary of the details of the token sale has been provided by Binance and can be found below.

  • Launchpad Session Time: 2019/02/25 2:00 PM (UTC) to 2019/03/02 2:00 PM (UTC)
  • Token Name: Fetch.AI (FET)
  • Total Token Supply: 1,152,997,575 FET
  • Total Tokens Allocated to Binance Launchpad: 69,204,152 FET
  • Public Token Sale Price: 1 FET = 0.0867 USD (Prices in BNB will be set on the day of the sale)
  • Token Sale Format: First come first served basis
  • Individual Cap: 3,000 USD Equivalent
  • Supported Sessions: BNB only

BitTorrent Sold out in Minutes if Not Seconds

The crowdfunding event of the Fetch ICO comes one month after the BitTorrent (BTT) token sale shocked the crypto and investor communities by selling out in minutes. The CEO of Binance, Changpeng Zhao, took to twitter to further explain that the token sale could have completed in seconds rather than minutes. His full tweet was as follows.”

5. International – Equity


The Edge Markets looks at what it says was a good year of Indian equity platforms and investors.


“Those who have participated in equity crowdfunding (ECF) campaigns have much to look forward to this year.  They could expect more issuances to be launched and the valuations of their existing investments to increase, say industry players.

This comes after a slow 2018, when the number of successful deals in the industry fell to 13 from 17 the previous year, according to the ECF report card released last November. In 2018, the outlook for ECF was largely affected by the 14th general election. Due to the uncertainties, many issuers, investors and platform operators postponed their activities until after the polls.”