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

February 20, 2024 @ 6:05 pm By JD Alois  |  

The Peak Ski Company is raising money from investors on Republic. According to the offering page, Peak Ski has already raised over $900,000 on a funding goal of $1.24 million backed by 436 investors. T The company is offering a “Crowd SAFE” with a valuation… Read More

February 20, 2024 @ 5:41 pm By JD Alois  |  

Round13 Digital Asset Fund (DAF), a fund created by Round13 Capital that invests in crypto-focused Canadian firms, has reported a 40% gain since its inception. According to the company, the Fund was launched in April 2022 and has invested in 20 different portfolio firms backing… Read More

February 20, 2024 @ 5:01 pm By JD Alois  |  

Rise Up Crowdfunding, a FINRA-regulated Funding Portal, has announced its official launch promoting three individual securities offerings. Rise Up Crowdfunding was founded by CEO Ruth Hedges, well known in the investment crowdfunding world. Longtime industry supporter Attorney Kendall Almerico is another founder of the company…. Read More

February 20, 2024 @ 1:26 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) is warning that there are profound policy threats that would deeply harm US entrepreneurship. Perhaps most pressing is the new rules under the Biden Administration that would conflagrate Independent Contractor status. These new rules go into effect… Read More

February 20, 2024 @ 11:07 am By JD Alois  |  

Linked Finance has partnered with the Strategic Banking Corporation of Ireland (SBCI) to lend up to €50 million to Irish SMEs. The loans are said to be issued at a discounted rate. Linked Finance is a peer-to-peer (P2P) lending platform serving smaller firms in Ireland…. Read More

February 20, 2024 @ 9:09 am By JD Alois  |  

BlockchainK2 (OTC:BIDCF) says it has invested in RealBlocks – a company that aims to provide a platform to launch and operate private funds. The terms of the deal were not immediately available. BlockchainK2 is a microcap valued at around $7.85 million. TYhe company said it… Read More

February 20, 2024 @ 7:51 am By JD Alois  |  

Clarity, a firm that aims to “immunize” businesses from Deepfakes and AI-generated “synthetic media,” has raised $16 million in Seed funding in a round led by Walden Catalyst and Bessemer Venture Partners. In a blog post, the company said they are addressing one of the… Read More

February 19, 2024 @ 7:05 pm By JD Alois  |  

The Securities and Exchange Commission’s (SEC) Small Business Capital Formation Advisory Committee (SBCFAC)will reconvene once again to discuss the definition of an Accredited Investor. At the same meeting, the Committee will review the status of the IPO market in the US along with several other… Read More

February 19, 2024 @ 6:40 pm By JD Alois  |  

Bryan Zhang, the co-founder and Executive Director of the Cambridge Centre for Alternative Finance (CCAF), has been appointed to the Board of the UK Financial Conduct Authority (FCA). Zhang commenced his initial three-year term as a non-executive Director today (February 19, 2024). The FCA is… Read More