The sharing economy is defined as “the peer to peer based activity of obtaining, giving, or sharing access to good and services”. Alternative names for this phenomenon include gig economy, platform economy, access economy, and collaborative consumption.
Different as they might be, marketplace platforms have something in common: their purpose is to match investors with the right issuers, and vice versa. Regardless of the nature of those transactions, platform operators can ease the sometimes lengthy process that consist in onboarding its different categories of users while meeting regulatory requirements.
'As Fintech continues its progress around the world, new platforms emerge on a daily basis. Crowdfunding for Real Estate, peer to peer with asset backed loans, sponsor led syndicates. You’ve seen the statistic, there’s hundreds or thousands in different verticals and segments. Some represent novel new upstarts with their new niche or focus and some represent incumbents digitalizing their value chains using online tools. It's easy to think, that there are too many platforms.
The European Union (EU) Executive's Vice President Valdis Dombrovskis said on Thursday, 23rd March 2017, that the Commission is considering how to regulate the expanding sector to encourage its development in Europe, while protecting consumers from risks that may emerge.
Crowd Valley is invited to speak at GLOBE Capital: The Nexus of Financial Markets and Business Strategy for the 21st Century, a leading sustainable business finance event in Toronto, Canada, on April 4 and 5, 2017. Crowd Valley Chairman Jouko Ahvenainen will represent the company in Toronto.
We are excited to announce that our UK clients and partners can now get full access to ISA and IFISA products through our back office API.
Managing regulations and compliance is becoming increasingly difficult for banks because it is time consuming and expensive, experts claim. For example, when asked by a journalist about the difficulties for top banks in managing compliance costs, a top investor commented: “(…) that is a massive challenge for these banks.”
MEFTECH is the largest and most prestigious event for the financial technology community from across the Middle East and North Africa (MENA) region. It is the premier international platform dedicated to innovation in financial services. Crowd Valley was glad to be invited by Matchi to demo and exhibit at this event.
With its high GDP, 2nd highest e-commerce volume in Asia and high rate of technological adoption, Japan presents a high potential for Fintech investment and adoption. However, the uptake has been lukewarm so far, owing to significant cultural and regulatory obstacles with Japanese investments accounted for only 0.40 percent of the roughly US$12 billion invested into Fintech globally in 2014, according to a report by Accenture.