From :: https://blockfi.com/lend-bitcoin/
Lend Your Bitcoin: Earn Interest by Lending Out Your Bitcoin
Labels: #blockfi
Lendio Acquires Billy, Unveils Cloud-Based Small Business Accounting Platform with Integrated Access to Capital
0 comments at July 24, 2019From :: https://www.lendio.com/press-releases/lendio-acquires-billy/
Lendio Acquires Billy, Unveils Cloud-Based Small Business Accounting Platform with Integrated Access to Capital
SILICON SLOPES, Utah – July 23, 2019 – Lendio, the nation’s leading marketplace for small business loans, today announced the acquisition of Billy and the launch of its bookkeeping software for small businesses. Sunrise, a Lendio company, is the first freemium bookkeeping software to meld accounting, cash flow management, loan and credit information into a single platform. This user-friendly cash flow, billing and expense tracking solution also provides solopreneurs and small business owners customized access to Lendio’s marketplace of business loans and award-winning customer service.
Small businesses say cash flow is one of the biggest challenges they face this year, according to a recent Lendio survey of 550 small business owners. Additionally, data from the Lendio platform shows that two-thirds of micro businesses are not currently leveraging an online accounting software. Sunrise aims to give business owners more accurate, real-time insight into their business finances. In turn, business owners will be able to better visualize their cash position, better understand their financial health and better predict their future capital needs.
“We are very excited to announce the acquisition of Billy and the re-brand to Sunrise. The Sunrise platform will bring together previously disparate sources of information for small business owners, such as accounting, loan and credit data,” said Brock Blake, CEO and founder of Lendio. “It’s our goal for Sunrise users to feel more confident in making financial decisions that help their businesses grow.”
Backed by proven technology, Sunrise comes in two versions. The first is a free plan that removes unnecessary enterprise features and allows businesses to do both cash and accrual-based accounting. The platform’s invoicing system allows users to create personalized invoices, as well as automate recurring invoices and pay reminders. Customers can easily pay by credit card through the platform’s secure customer portal, and business owners can see when invoices have been viewed, as well as create quotes and estimates online.
In addition to billing, the free version also allows business owners to easily sync bank accounts and credit cards, categorize and track expenses and income, and store receipts in a central location. Reports including profit and loss, balance sheet, tax summary, accounts receivable and customer statements allow business owners to keep better tabs on their financial health. Security is also a priority; users’ data is backed up to multiple data centers and encrypted.
A paid subscription to Sunrise allows growing businesses to expand accounting capabilities by leveraging Sunrise’s tech-enabled bookkeeping experts. More cost-effective than alternatives on the market, Sunrise’s paid subscription allows business owners to automate and streamline accounting tasks, freeing up their time to focus on building their businesses. With access to bookkeeping professionals, business owners will never have to reconcile their own books again. Sunrise’s expert bookkeepers use a three-part system to recognize revenue, take care of invoicing and reconcile books monthly. The paid version also integrates with Stripe, PayPal and Square.
A Sunrise mobile app is currently in development. Over time, other features will be added to Sunrise including auto categorization, a tie-in to tax software as well as more sophisticated loan integrations.
Lendio was founded in 2011 to provide a marketplace of financing options for small business owners. To date, Lendio has facilitated close to $1.5 billion in financing through more than 70,000 loans to business owners in all 50 states. With this access to capital, Lendio’s small business clients have generated an estimated $5 billion in economic output and created more than 35,000 jobs in communities nationwide.
About Sunrise
Sunrise, a Lendio company, is a cloud-based small business accounting platform. With integrated access to capital through Lendio’s marketplace of over 75 lenders, Sunrise is the first freemium bookkeeping software to meld accounting, loan and credit information into a single platform. A user-friendly billing and expense tracking solution, Sunrise gives solopreneurs and small business owners more accurate, real-time insight into their business finances, allowing for more streamlined accounting, invoicing, reporting and access to capital. For more information about Lendio’s acquisition of Billy, visit https://sunriseapp.com/billy-sunrise-faq/.
About Lendio
Lendio is a free online service that helps business owners find the right small business loans within minutes. With a network of over 75 lenders offering multiple loan products, Lendio’s marketplace is the center of small business lending. Bringing all options together in one place, from short-term specialty financing to long-term, low-interest traditional loans, our technology makes small business lending simple and decreases the amount of time and effort it takes to secure funding. For every loan facilitated on Lendio’s marketplace platform, Lendio Gives, an employee contribution and employer matching program, donates a percentage of funds to low-income entrepreneurs around the world through Kiva.org. More information about Lendio is available at www.lendio.com. Information about Lendio franchising opportunities can be found at www.lendiofranchise.com.Labels: #lendio
NASAA Warning on Initial Loan Procurements: “Crowdfunding Meets Blockchain”
0 comments at July 24, 2019From :: https://www.crowdfundinsider.com/2019/07/149818-nasaa-warning-on-initial-loan-procurements-crowdfunding-meets-blockchain/
NASAA Warning on Initial Loan Procurements: “Crowdfunding Meets Blockchain”
The North American Securities Administrators Association (NASAA) has issued an investor advisory on “Initial Loan Procurements.”
Initial Loan Procurements are described as “Crowdfunding Meets Blockchain.”
To quote NASAA:
In brief, similar to a traditional loan, the investor becomes a creditor and lends money to the company.
Just like ICOs, initial loan procurements are marketed to investors worldwide. The investor receives a legally binding contract with the company that is public on the blockchain.
NASAA states: Investors Beware When Investing in Initial Loan Procurements
- Initial loan procurements may appeal to investors who want to get into blockchain technology but are wary of the risks of ICOs.
- Investors may be given a false sense of security that their money will not be lost because the smart contract cannot be altered on the blockchain.
- Investors may be falsely told that the investment is less volatile because the return is tied to the performance of the company and not to the value of the coin issued in an ICO.
- Investors may be falsely promised guaranteed returns.
- Investors may be falsely told that companies raising capital using initial loan procurements are vetted, making the investments secure.
- Investors may be told the gains are not taxable because they are debt, which may or may not be true.
- Investors may be told that initial loan procurements are not subject to the same regulatory scrutiny as other investments.
From :: https://cbw.cryptoassetrating.com/Article/1033/crypto-business-world-us-city-plans-to-sell-tokenized-bonds-in-‘initial-community-offering’
US City Plans to Sell Tokenized Bonds in ‘Initial Community Offering’
By Rating Crypto Asset: Wed, 24 Jul 2019
“The resistance requires a coin.”
From :: https://cbw.cryptoassetrating.com/Article/1031/crypto-business-world-germany-rushing-to-pass-a-crypto-bill-to-tokenize-bonds
Germany Rushing to Pass a Crypto Bill to Tokenize Bonds
By Rating Crypto Asset: Wed, 24 Jul 2019
From :: https://medium.com/@lendoplatformltd/germany-approves-tokenized-real-estate-bond-sale-c672f483b23e
Blockchain real estate is a fast growing space. Florian Glatz, co-founder of Fundament Group, said typically what has been seen in the past are private placements that have not required a prospectus or a financial market authority’s approval. One example of this occurred back in Marche, when Inveniam Capital Partners tokenized some $260 million in four private real estate and debt transactions, starting with a WeWork-occupied building in downtown Miami, Florida. And there are other examples.
But Fundament is doing something radically different. Glatz told Coindesk: “The reason we went through this long tedious process with regulators was to get rid of any restrictions. Normally these projects are limited either by the minimum investment amount, which would be north of €100,000 or limited heavily in the amount of investors you could have. So it’s the first really like mass-market tokenized real estate for the world.”
He added, “Holding a token enshrines a legal claim of the holder against the issuer of the bond to pay them an annual dividend of around 4–8 percent, and obviously once the run time of the fund is over and there is an exit, then the token holders get the complete value that was within this fund.”
Labels: #fundament
From :: https://medium.com/coinloan/coinloan-announces-gusds-delisting-f28faf812e0
CoinLoan Announces GUSD’s Delisting
Starting on August 1st, GUSD will be removed from CoinLoan stablecoin list
Why is GUSD being removed from CoinLoan?
What is going to happen next?
What if I still want to use a stablecoin on CoinLoan?
Labels: #coinloan
From :: https://medium.com/coinloan/coinloan-welcomes-bitcoin-cash-to-their-list-of-collateral-currencies-ab7de76e3236
CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies
CoinLoan is among the first to offer loans secured by Bitcoin Cash
Keep in mind:
What Is Bitcoin Cash?
Why Is Introducing BCH to CoinLoan Vital?
How Does BCH Work on CoinLoan?
Labels: #coinloan