Investment Platforms and Marketplaces

September 22, 2020 @ 7:00 pm By JD Alois  |  

CrowdStreet: COVID Will Accelerate Trends Already in Place Real estate investing has been impacted by the ongoing COVID-19 health crisis – as it has many other industries. In the online investing sector, many platforms have reported a rapid decline in activity during the early days… Read More

September 22, 2020 @ 10:01 am By JD Alois  |  

BioCatch, a behavioral biometrics firm that seeks to uncover attempts at fraud, has partnered with Experian on fraud detection. According to a release, the two companies combined proved that layering multiple identity and fraud detection capabilities can help authenticate legitimate customers, improve their experience, and… Read More

September 22, 2020 @ 8:03 am By Omar Faridi  |  

MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has cautioned that many UK-based SMEs could soon run out of cash. This, as the government-backed funding schemes are scheduled to end soon. The Coronavirus Business Interruption Loan Scheme (CBILS) will end on September… Read More

September 22, 2020 @ 7:46 am By Omar Faridi  |  

Triterras, a blockchain-based Fintech solution provider for trade finance, has revealed that its Kratos marketplace has handled approximately $5 billion of trade finance volume during the past six months ending on August 31, 2020. Kratos is a large commodity trading and trade finance platform that… Read More

September 21, 2020 @ 10:08 am By JD Alois  |  

Real estate investment platform Cadre has announced the launch of “Cadre Cash,” a cash savings account with an annualized reward of 3%, according to a note from the company. Beginning today, qualified individuals who invest in Cadre’s real estate offerings may earn an annualized reward… Read More

September 20, 2020 @ 11:00 pm By Omar Faridi  |  

Latvia-based peer to peer (P2P) lender Grupeer noted on August 31, 2020, that it had provided an update regarding the current status with the repayments and debt collection processes on its platform. The Grupeer team had confirmed that, as its clients already know, since April… Read More

September 19, 2020 @ 7:10 pm By JD Alois  |  

Ethis Group has launched the first fully Shariah-compliant equity crowdfunding platform in Malaysia, according to a note from the company. Ethis already operates in Indonesia with another platform planned to commence soon in Dubai. The announcement of the launch was made during Islamic Fintech Week… Read More

September 19, 2020 @ 9:55 am By Omar Faridi  |  

October, a leading European online lender, notes that in the past 5 years, it has issued over 450 million euros in loans to different companies. The marketplace lender reveals that 100 projects, or 10% of all projects that have received loans through its platform, were… Read More

September 17, 2020 @ 9:32 pm By JD Alois  |  

Hg Exchange (HGX), Southeast Asia’s first private securities exchange, has kicked off trading. Founding members of the exchange include PhillipCapital, Prime Partners, and Fundnel – a leading securities crowdfunding platform serving sophisticated investors across Asia. Richard Teng, formerly an executive at the Monetary Authority of… Read More

September 16, 2020 @ 8:05 pm By Omar Faridi  |  

The developers of Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, will be creating a “bridge” between the Energy Web Decentralized Operating System (EW-DOS) and Ocean’s data marketplaces. As mentioned in a… Read More

September 16, 2020 @ 2:57 pm By Samantha Hurst  |  

ACAP, an SBA-approved non-bank lender and national loan aggregator of Paycheck Protection Program (PPP) loans, announced on Wednesday it has signed a new deal with Biz2Credit to utilize the Biz2X PPP Forgiveness Platform. ACAP reputed that it and its servicing team The Loan Source will… Read More

September 16, 2020 @ 12:56 pm By JD Alois  |  

Last week in a release, INX Limited said it had topped its $7.5 million offering hurdle for the initial public offering of its digital security. INX added that it is now accepting payments in Bitcoin (BTC), Ether (ETH) and USD Coin (USDC) as of this… Read More

September 16, 2020 @ 11:17 am By JD Alois  |  

tZERO, a digital asset focused subsidiary of Overstock (NASDAQ:OSTK), has reported on August 2020 trading regsults in digital securities. According to tZERO, the marketplace recorded its strongest month ever in August 2020. tZERO states that it traded over 2.3 million digital securities, a 21x increase… Read More

September 15, 2020 @ 6:06 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, will be offering cryptocurrency futures contracts for Elrond (EGLD), the native token of a “highly” scalable, fast and secure blockchain platform for creating distributed apps; and Sola (SOL), the native digital currency of a “decentralized” social platform developed… Read More

September 15, 2020 @ 4:36 pm By Omar Faridi  |  

Jonah Schulman, head of marketing at Security Token Market, notes that every month, he helps the research team with putting together the security token trading and data analysis report. As covered, security token trading volume reached almost $22 million in August, which is significantly more… Read More

September 14, 2020 @ 11:26 pm By JD Alois  |  

OurCrowd, a leading global investment crowdfunding platform that is based in Israel, is well-positioned to take advantage of the improving relations in the middle east. Last month, Israel and the United Arab Emirates (UAE) announced the normalization of diplomatic relations. The official signing of the… Read More

September 14, 2020 @ 6:40 pm By Omar Faridi  |  

UK-based Minted, a Shariah-compliant platform for trading gold, is planning to launch its services this month. Gold has served as a safe haven asset during times of economic uncertainty, but mostly wealthy people have invested in the precious metal. Minted aims to change this trend… Read More

September 14, 2020 @ 10:11 am By Samantha Hurst  |  

Cross-border savings and investments marketplace Raisin announced on Monday it has joined forces with interactive financial resource platform Finect on competitive savings to help Spanish depositors beat low-interest rates. Raisin reported that by integrating its offers, Finect connects users to a wide range of banking… Read More

September 13, 2020 @ 9:00 pm By Omar Faridi  |  

Cryptocurrency spot volumes surged during August 2020, with the top tier exchanges dominating the volatile digital asset markets, according to a report from the Bitcoin Mercantile Exchange (BitMEX). The leading digital currency derivatives trading platform noted that in August 2020, the trading volumes on top-tier… Read More

September 12, 2020 @ 2:29 pm By Omar Faridi  |  

UK-based Folk2Folk, a peer to peer lender supporting local and rural businesses, has confirmed that it’s still confident that it will be approved to begin lending under the country’s Coronavirus Business Interruption Loan Scheme (CBILS), even though the application deadline will come at the end… Read More