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Archive for the ‘Press releases’ Category

UK officially starts crowdfunding with the Business Finance Partnership scheme : £ 55 million new funding allocated

Source : North East Access to Finance (EU supported) & own edits Small businesses struggling to access credit are to be given a welcome boost with £110 million of new funding, Vince Cable announced today. The Business Secretary pledged £55 million of Government funding – through the Business Finance Partnership scheme – to peer to peer lenders and other finance suppliers. (more…)

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US : The US Senate passes a crucial amendment for crowdfunding companies

Please find the official US amendment here. Thu . 8 Nov. –  The SEC signaled several months ago that it was willing to take a fresh look at its rules for broker registration, which were enacted in — and have not been changed since — the Depression. And last month, the House of Representatives passed the Entrepreneur Access to Capital Act (more…)

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Peer-to-Peer finance market launches self-regulatory body

PRESS RELEASE – London, 15th August 2011 – Today sees the launch of the ‘Peer-to-Peer Finance Association’, a new UK trade body set up primarily to ensure this innovative and rapidly growing sector maintains high minimum standards of protection for consumers and small business customers, as it brings much-needed new competition and innovation to the banking market. In Britain this (more…)

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Grow VC Launches “The Virtual VC Co-investment Fund” – IndiaCo First

July 6, London & Hong Kong – Community startup funding company Grow VC today announced the launch of its “Virtual VC Co-investment Fund”. Keeping in line with the concept of creating a “Virtual Silicon Valley” and developing new models for more efficient early phase funding Grow VC rolls out the “Virtual VC Co-investment Fund” to enable VC’s to participate in (more…)

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Open Minds : Latest developments in Web TV for Finance with Ipercast (Paris)

Discover the latest WebTV technologies that can be used for online banking 2nd December 2010 – Open Minds event Speaker : Mr. Alexis Prevot France country manager, IPERCAST The theme of this evening was to better understand how Web TV can be used in financial services and the added value it can bring. Ipercast presented a case for Web TV usage (more…)

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Gartner Says Social Banking Platforms Threaten Traditional Banks for Control of Financial Relationships

PRESS RELEASE, Egham, UK, February 6, 2008 Non-bank competitors are pushing aggressively into banking and investment services, threatening to undermine banks in the financial relationship, according to Gartner, Inc.  The threat is particularly pronounced in two businesses that are at the very heart of banking, namely lending and payment. Gartner predicts that by 2010, social-banking platforms will have captured 10 (more…)

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