Funding Societies, one of the largest peer-to-peer (P2P) lending platforms in Southeast Asia, announced on Tuesday it was named the winner of a Silver Stevie Award last week in the Innovation in Technology category in the seventh annual Asia-Pacific Stevie Awards. The online lender claims… Read More
Chartered commercial broker Konsileo has completed a Ā£8 million raise to accelerate its expansion across the UK. Konsileo specializes in mid-market advised sales for small, medium, and mid-corporate businesses. The Ā£8 million raise is a mixture of debt and equity financing led by long-term shareholders… Read More
OneID, the sole provider of bank-verified digital identification services in the UK, has successfully secured Ā£1m in fresh funding from ACF Investors. Established in 2020, OneID plans to use the newly acquired capital to advance its product development and reinforce its commitment to making the… Read More
Endowus, Asiaās digital wealth advisory platform has increased its total funding to over $110 million. As noted in the announcement, an additional raise of $17.5 million follows from their $35 million raise last year to take the total for this round to $52.5M. New investors… Read More
According to a report by the US Securities and Exchange Commission (SEC), over 15,000 registered investment advisers (RIAs) in the U.S. were managing around $128 trillion in assets by the end of last year. CoinList pointed out that this appears to underscore the expanding role… Read More
Tracxn, a global SaaS-based market intelligence platform, has released its Geo Semi-Annual Report: UK Tech H1 2024. The report, based on Tracxnās database, provides insights into the UK Tech space. The UK is said to be “the second-highest funded tech startup ecosystem in H1 2024,… Read More
As expected by most industry analysts and also after an embarrassing false start (following the official SEC X account being “compromised”) the US Securities and Exchange Commission (SEC) has finally approved 11 spot bitcoin ETF applications – which were submitted by traditional financial and crypto-focused… Read More
The Shanghai hard fork is projected to unfold this spring around March or April, with the anticipated upgrade affording the capability to withdraw Ethereum from staking for the first time. Ethereum staking rewards participating in network consensus, and in order to participate, one needs to… Read More
B2B B2B2C blockchain based luxury platform GUHADA recently announced that it has completed attracting an 8 billion KRW Series B investment. Leading domestic venture capital firms such as Korea Investment Partners, Woori Bank,Ā DTNI Investment (DTNI), BM Ventures participated in the Series B investment round…. Read More
If we ask people to name their ābestā or āworstā year ever, their answers might differ, RazorPay notes. However, if we want them to arrive at the āmost-common answerā (in terms of unprecedented challenges due to COVID-19), then last yearās pandemic would probably be it,… Read More
UK-based LendInvest, a property finance platform, has reportedly told its investors that itās well-prepared to deal with new lockdown measures. This, after making upgrades to its business processes, risk mitigation efforts and various financial metrics during the lockdown enforced in March of last year. The… Read More
San Francisco-based SoFi, a financial services firm that helps people āget their money rightāsave, spend, borrow, and invest in one app,ā has noted that 2020 was a year to remember. Industries were forced to adapt to changing consumer behavior, capital markets fluctuated wildly, and people… Read More
Nordic challenger bank Lunar has reportedly secured ā¬40 million through its Series C funding round. The latest round of funding comes just months after Lunar raised an additional ā¬20 million through its extended Series B, bringing the funding roundās total amount to ā¬46 million raised…. Read More
Tokenization Provides Endless Possibilities for Teams and their Fans. Professional sports have been deeply stitched into the fabric of American society for well over a century, providing a daily source of joy (or pain if youāre a Mets fan), and serving as a refuge… Read More
Incentivize Affordable Housing through Crowdfunding Liberalization for Community Investors In recent decades, increases in urban employment and population have outpaced residential development in U.S. cities. Nationwide, from 1974 through 2008, the number of new homes exceeded the number of new households. But since 2009, the… Read More
Chinaās State Council Approves the Research and Development of CBDC At the launching ceremony and the first academic seminar of the Digital Finance Open Research Project held on July 8th, Wang Xin, director of the Research Bureau of the People’s Bank of China, revealed that… Read More
Chinese cryptocurrency exchange CoinAll announced on Tuesday it has listed Lambda (LAMB) on its platform. CoinAll describes Lambda as a safe, reliable and infinitely expanding decentralized storage network, whose mission is to promote the development of the Internet decentralization and build storage infrastructure for the… Read More
The Securities and Exchange Commission (SEC) has issued an order to suspend trading in shares of American Retail Group, Inc. which trade on OTC Markets (OTC:ARGB). Trading was said to be halted due to “statements about partnering with a claimed SEC-qualified custodian for use with… Read More
The Australian Securities and Investment Commission (ASIC) announced yesterday it had approved the licensing of the first seven “crowd-sourced funding” platforms. Due to a recent change in Australia’s security regulations, these investment crowdfunding platforms may allow businesses to raise up to $5 million – all… Read More
SME peer to peer lender ThinCats has launched a new website and branding designed to position itself for its next phase of growth in 2018. The new website, which has been designed to be easier to navigate, with delineated areas for investors, businesses and their… Read More
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