General News

July 29, 2021 @ 8:23 am By Omar Faridi  |  

Crowdcube, the European marketplace for shares in private firms, and Crunchbase, an established data platform, have partnered in order to power the “most comprehensive” and transparent platform for private company investment in Europe. Cubex, which officially goes live today (July 28, 2021), will feature “rich”… Read More

July 29, 2021 @ 8:20 am By JD Alois  |  

Antler, a global venture capital firm, has announced new operations in Canada. Antler has been active in the Fintech sector, including Proptech. Magnus Grimeland, the founder and CEO of Antler, sits on the board of Waterloo University and thus has an established connection to Canada…. Read More

July 29, 2021 @ 2:01 am By Omar Faridi  |  

SWIFT reveals that it has launched SWIFT Go, a service that enables small businesses and consumers to send “fast, predictable, highly secure, and competitively priced low-value” cross-border payments across the globe. Payments may be sent directly from users’ bank accounts. Seven international banking institutions, which… Read More

July 28, 2021 @ 9:48 pm By Omar Faridi  |  

GoodData, the leader in Data as a Service (DaaS) analytics infrastructure, reveals that it has acquired a $45 million credit facility from J.P. Morgan (NYSE: JPM). Building on the firm’s recent adoption momentum and the release of the GoodData Cloud Native platform (GoodData.CN), GoodData’s management… Read More

July 28, 2021 @ 6:26 pm By Tony Zerucha  |  

A new peer-to-peer network promises to match up executives so they can get right down to business. The Mercury Company is accepting applications for its vendor-free network that allows executives to connect with each other without having to navigate through salespeople and other distractions at… Read More

July 28, 2021 @ 10:14 am By JD Alois  |  

Like a lot of people and companies, Consensus is moving to Texas for 2022. The in-person blockchain-focused gathering will take place in Austin in June 2022. The Mayor of Austin, Steve Adler, commented on the addition of the event to its city’s calendar: “The future… Read More

July 27, 2021 @ 10:25 pm By Tony Zerucha  |  

Asian virtual event management company EventX has closed a US$10 million Series B funding co-led by HTC, a virtual reality (VR) company, and Gaocheng Capital, a Chinese private equity fund focused on enterprise software and technology-enabled services sectors. EventX supports in-country and cross-border events with… Read More

July 27, 2021 @ 10:13 pm By Tony Zerucha  |  

Hong Kong’s wealth market is poised for a rebound after a pandemic-affected 2020, new research from GlobalData suggests. The number of affluent, mass affluent and high net-worth investors is expected to grow 7.8 per cent to reach 3.9 million this year. Sixty per cent (60.6)… Read More

July 27, 2021 @ 3:13 pm By Omar Faridi  |  

Bharat Mediratta has reportedly joined digital assets firm Coinbase (NASDAQ:COIN) as Fellow. The former Google Distinguished Engineer and Dropbox CTO and SVP aims to bring his deep technical expertise to Coinbase, according to the announcement. As noted by Coinbase: “Today, we’re excited to welcome Bharat… Read More

July 27, 2021 @ 11:53 am By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) has settled charges with 21 investment advisers and 6 broker-dealers related to their failure to timely file and deliver their client or customer relationship summaries (Form CRS) to their retail investors. On June 5, 2019, the SEC adopted Form… Read More

July 27, 2021 @ 10:06 am By Omar Faridi  |  

Solarisbank AG, which claims to be Europe’s leading Banking-as-a-Service (BaaS) platform, reveals that it has acquired EUR 190 million in an “oversubscribed” Series D round, valuing the firm at EUR 1.4 billion. The company’s investment round has been led by Decisive Capital Management, along with… Read More

July 26, 2021 @ 6:13 pm By Omar Faridi  |  

Cyprus-regulated digital assets hedge fund ARK36 announced that it is appointing Loukas Lagoudis to serve as Executive Director and Socrates Minas as Investor Relations Manager in order to strengthen its Cyprus investment division. According to a note shared with Crowdfund Insider, Loukas Lagoudis will be… Read More

July 26, 2021 @ 3:20 pm By Omar Faridi  |  

Updated plans to put the United Kingdom at the front of the global innovation race have been shared by the Department of Business, Energy & Industrial Strategy, the UK Research and Innovation unit as well as other organizations and individuals. Released on July 22, 2021,… Read More

July 26, 2021 @ 12:28 pm By JD Alois  |  

Recently, a report was published regarding the European Commission distributing European (ESIF) funds through European crowdfunding platforms. Obviously, if this occurs it will be a boon for both platforms and issuers. The report was written by Karsten Wenzlaff, Ana Odorovic and Ronald Kleverlaan, along with consulting… Read More

July 26, 2021 @ 11:14 am By JD Alois  |  

US Senator Gary Peters, Chair of the Senate Homeland Security and Governmental Affairs Committee, has initiated bipartisan legislation targeting cybersecurity threats including the usage of cryptocurrency and payment of ransom. The bill,  the DHS Industrial Control Systems Capabilities Enhancement Act, would require the Cybersecurity and… Read More

July 26, 2021 @ 10:48 am By JD Alois  |  

The Fraunhofer Society has published a report on the crowdfunding sector in Germany during the time of COVID-19. Fraunhofer states that the year 2020 will “remain in special memories for all of us” as COVID-19 unpredictably changed all of our lives. The research took a… Read More

July 25, 2021 @ 7:14 pm By Omar Faridi  |  

India’s Paytm, which has approved plans for almost a $2 billion IPO on the Indian bourses, recently shared how to lend credit to your clients in an effortless manner with Paytm Payouts. Over 10 years ago, could you have really imagined offering a loan to… Read More

July 24, 2021 @ 7:30 pm By Omar Faridi  |  

Banking Circle, the Payments Bank for the digital economy, has chosen SIA, an established European hi-tech firm in payment services and infrastructures, controlled by CDP Equity, in order to introduce its instant payments service in Europe “connecting to the TARGET Instant Payment Settlement (TIPS) service… Read More

July 24, 2021 @ 11:43 am By Omar Faridi  |  

Allied Venture Partners confirmed on July 23, 2021, that they have invested over $1 million into early-stage tech startups while helping to close almost $13 million in total funding since their October 2020 debut. Based in Calgary, Alberta, AlliedVP invests in early-stage tech firms from… Read More

July 23, 2021 @ 5:51 pm By Omar Faridi  |  

France-based Spendesk, a spend management platform, has acquired €100 million in capital through a Series C round that was led by General Atlantic, an international growth equity company. Spendesk offers finance professionals a software-as-a-services or SaaS spend management system for complete visibility and control on… Read More