In Events, News Roundup

Each week we take a look at the biggest stories in FinTech. Here’s our latest roundup!

Top Stories

Avant Closes $325 Million in Series E Funding, Led By General Atlantic
(Crowdfund Insider)
Avant, one of the nation’s fastest growing marketplace lending platforms, announced that it has closed a $325 million Series E equity finance round. The funding round was led by global growth equity firm General Atlantic, with additional participation from Balyasny Asset Management and J.P. Morgan.

The SEC’s New 685 Page Crowdfunding Rules: What You Need To Know
(VentureBeat)
In what can be considered a historic day for startups, small businesses and entrepreneurs all across the United States, the Securities and Exchange Committee (SEC) voted 3 to 1 to approve the final rules for debt and equity crowdfunding (aka Regulation Crowdfunding) on Friday. In about 180 days, tech startups and Main Street businesses will be able to raise up to $1 million from their friends, followers, and community via SEC registered websites. VentureBeat takes a deep dive into the new rules.

What Do We Want FinTech To Be When It Grows Up?
(Crowdfund Insider)
Matt Burton, Orchard Platform’s CEO, pens this thought provoking piece on where the industry is going with a great shout out to the event we coproduced with Orchard last month, The Future of Credit 2015.

 

See You There: American Banker’s Marketplace Lending + Investing Conference

AmericanBankerMarketplaceLendingConference

Today marks Day One of the Marketplace Lending + Investing Conference at the New York Hilton Midtown, hosted by American Banker. Come say hello to Team Herio at Booth 111!

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