February 27, 2024 @ 12:01 am By JD Alois  |  

Palatine Growth Credit Fund has reached its first close of £75 million. The Fund will lend to high-growth UK companies in the Fintech sector as well as cyber, SaaS, Medtech/Healthtech, AI, and more. British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank,… Read More

February 26, 2024 @ 12:40 pm By JD Alois  |  

Cross River says it has launched its “investment banking strategy,” describing the initiative as a significant milestone in the company’s history. The company said it will now assist its clients in achieving their goals by advising them on decisions like mergers and acquisitions, capital markets… Read More

February 26, 2024 @ 11:59 am By JD Alois  |  

Anchorage Digital, home to a federally chartered digital asset bank, says its institutional self-custody digital wallet Porto is now fully available for users. The company has described this as their biggest news since it received its bank charter in 2021. Anchorage states that their customers… Read More

February 26, 2024 @ 11:43 am By JD Alois  |  

The CfPA (Crowdfunding Professional Association ) Board of Directors has distributed a note on the adoption of its recommendations regarding best practices. According to the CfPA, the Board is now recommending that members use the term “Regulated Investment Crowdfunding.” President of CfPA Brian Christie issued… Read More

February 26, 2024 @ 11:30 am By JD Alois  |  

The US Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC), has scheduled its next meeting to take place on March 7th. One of four advisory committees, the IAC aims to provide the Commission with advice, and recommendations from the perspective of the investor. Created… Read More

February 26, 2024 @ 11:18 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF),  Cambridge SupTech Lab, has shared a survey on the adoption of Suptech or Supervisory Technology, showing an increase in initiatives.  CCAF and the Lab are both part of the Cambridge Judge Business School. CCAF is the leading global… Read More

February 23, 2024 @ 4:56 pm By JD Alois  |  

Binance, the largest crypto exchange in the world, must pay $4.3 billion in penalties in a settlement previously announced. According to multiple reports, the judge handling the case approved the guilty plea and the penalty.  The settlement was revealed last November and included the exit… Read More

February 23, 2024 @ 2:49 pm By JD Alois  |  

WiseAlpha, an online investment platform providing access to corporate bonds based in the UK, is raising money on Crowdcube. Offered to both EU and UK investors, WiseAlpha has already topped its initial funding hurdle of £500,000. As of today, £1.05 million has been raised from… Read More

February 23, 2024 @ 9:47 am By JD Alois  |  

The European Central Bank (ECB) has published a critical report on Bitcoin. The report follows the approval of Bitcoin ETFs in January by the US Securities and Exchange Commission. In a blog post by Ulrich Bindeil, DG of Market Infrastructure & Payments at the ECB,… Read More

February 22, 2024 @ 3:13 pm By JD Alois  |  

The European Union has doled out the new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) to Frankfurt, Germany. According to the EU, nine member states were in the running for the new bureaucracy. The competing cities included; Belgium (Brussels), Germany (Frankfurt),… Read More

February 22, 2024 @ 12:35 pm By JD Alois  |  

Congressman Warren Davidson has taken to X to criticize Central Bank Digital Currency (CBDC), describing these types of digital assets as an “existential threat to Western civilization.”   Central Bank Digital Currency (CBDC) is an existential threat to western civilization.@FinancialCmte passed a bill to ban… Read More

February 22, 2024 @ 11:17 am By JD Alois  |  

While the Securities and Exchange Commission (SEC) may be trying to make it more difficult to be deemed an Accredited Investor, thus disenfranchising more individual investors, recently legislation was introduced into the US Senate that would broaden the definition. S 3709, or the “Investment Opportunity… Read More

February 22, 2024 @ 8:40 am By JD Alois  |  

While SyndicateRoom is not posting all portfolio returns for individual firms for their various vintages, the online investment platform is selecting some of the most successful offerings as per current valuations. First, SyndicateRoom reports that their 2020 vintage is up by 47%, their  2021 cohort… Read More

February 22, 2024 @ 8:23 am By JD Alois  |  

SeedBlink, a securities crowdfunding platform operating across Europe, says it has inked a partnership with Accumeo, a crowdfunding platform based in Sweden. Accumeo is registered with the Swedish Financial Supervisory Authority having obtained a license to conduct crowdfunding, operating under ECSPR,. Under the EU rules,… Read More

February 22, 2024 @ 4:00 am By JD Alois  |  

Bob Wigley, the Chairman of UK Finance, has joined the Board of Directors of R3. UK Finance is a group that advocates on behalf of the UK financial services industry, representing over 300 individual firms. The group aims to drive innovation and help to shape… Read More

February 21, 2024 @ 12:16 pm By JD Alois  |  

The founder of Tether, EOS and Blockchain Capital, Brock Peirce, has invested in real estate tokenization firm EstateX. The amount of the investment an deal terms were not immediately available. EstateX is based in the Netherlands. At the same time, Peirce is expected to become… Read More

February 21, 2024 @ 11:33 am By JD Alois  |  

Sherwood “Woodie” Neiss, Principal and co-founder of Crowdfund Capital Advisors (CCA), has sent a letter to Congress supporting HR 2799 or the Expanding Access to Capital Act – legislation that is designed to help entrepreneurs and small businesses while boosting the economy. The letter has… Read More

February 21, 2024 @ 10:51 am By JD Alois  |  

dv01 and Fitch have joined to launch two “non-agency RMBS benchmarks.” Residential mortgage-backed securities represent a pool of home loan mortgages secured by the property. dv01 is a capital markets Fintech that offers lending data on more than 230 million loans. dv01 was acquired by… Read More

February 21, 2024 @ 9:55 am By JD Alois  |  

SEI (NASDAQ:SEIC) has invested $10 million in TIFIN, a Wealthtech firm leveraging artificial intelligence (AI) to improve wealth management. Terms of the investment were not immediately available. SEIC currently has a market cap of around $8.9 billion. SEI is a tech firm providing services to… Read More

February 21, 2024 @ 8:28 am By JD Alois  |  

Regulatory services firm Englebert has been approved by the UK Financial Conduct Authority (FCA) to approve crypto asset promotions. The registration is viewable here. Englebert described the approval as a “groundbreaking milestone.’ Englebert is a new company but claims decades of experience within the company…. Read More