January 9, 2024 @ 6:02 pm By JD Alois  |  

DealMaker is part of a new group of broker-dealers that are focusing on online capital formation, providing a tech-enhanced environment for companies looking to crowdfund a securities offering. Based in Canada, the company has been recognized as one of the fastest-growing young firms in the… Read More

January 9, 2024 @ 4:30 pm By JD Alois  |  

Minutes ago, it was reported that the  Securities and Exchange Commission (SEC) had approved the first Bitcoin Exchange Traded Funds (ETF). Apparently, the SEC’s X account was “compromised,” and the statement on X by SEC Chair Gary Gensler was bogus. The X has now been… Read More

January 9, 2024 @ 2:37 pm By JD Alois  |  

X, formerly doing business as Twitter, has announced it will launch peer-to-peer payments in 2024 fulfilling an already revealed goal of the platform. In a blog post, X outlined its accomplishments and changes since Elon Musk took over the faltering social media platform.  X said… Read More

January 9, 2024 @ 1:10 pm By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement on new rules promulgated by the US Department of Labor (DOL) that may impact startups and entrepreneurs. The DOL has issued its final Independent Contractor rule today, claiming that it “helps employers and… Read More

January 9, 2024 @ 10:28 am By JD Alois  |  

Latin American digital asset platform Bitso has distributed a list of predictions for 2024. Felipe Vallejo, Chief Corporate Affairs Officer at Bitso, the end of 2023 was positive for Bitso: “… not only because we reached 8 million users globally and 1,700 institutional clients, but… Read More

January 9, 2024 @ 10:20 am By JD Alois  |  

German real estate investment platform GenoCrowd has launched its 14th securities offering to kick off the new year. The offering is in partnership with AS Unternehmensgruppe – the third project listed by the company on GenoCrowd. The funding round is for a real estate project… Read More

January 9, 2024 @ 8:58 am By JD Alois  |  

The British Business Bank has announced an additional £21.25 million in funding for an existing ENABLE facility. The funding is in partnership with Tower Leasing. According to a statement distributed by the Bank, the money will go to fund smaller businesses aiming to acquire assets… Read More

January 8, 2024 @ 11:22 pm By JD Alois  |  

The Financial Technology Association (FTA) has posted a comment letter criticizing the Consumer Financial Protection Bureau (CFPB) and a proposed rule on digital payments. The FTA represents the interests of big Fintech firms like Stripe, Wise, Block, and others. The CFPB announced the proposed rule… Read More

January 8, 2024 @ 1:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced the new Small Business Advocate – a role that has been vacant for some time now. The Office of the Advocate for Small Business Capital Formation was created by legislation that was signed into law in 2016…. Read More

January 8, 2024 @ 12:48 pm By JD Alois  |  

The quality of securities issued under  Reg CF largely depends on the perception of the investor. One person’s belief that a security offering is going to the moon can be mirrored by another who sees it as a dog. Big-name venture capitalists mostly get it… Read More

January 8, 2024 @ 11:40 am By JD Alois  |  

Seedrs, part of Republic, has booked its 5th exit for investors in 2023. According to an X, UK-based Sennen has been acquired by renewable energy firm Kraken. (not the crypto exchange). Sennen provides software that caters to managing renewables and power storage. Sennen was part… Read More

January 8, 2024 @ 10:35 am By JD Alois  |  

New cybersecurity rules are kicking in this week for the European Union. The regulation establishes an “internal cybersecurity risk management, governance and control framework for each Union entity, and sets up a new Interinstitutional Cybersecurity Board (IICB) to monitor and support its implementation by Union… Read More

January 8, 2024 @ 9:51 am By JD Alois  |  

John Reed Stark, a former employee of the Securities and Exchange Commission (SEC) and longtime crypto critic, has taken to X to hammer Bitcoin just as expectations that the SEC will approve Bitcoin ETFs later this month. Stark has been vocal for years now regarding… Read More

January 8, 2024 @ 9:21 am By JD Alois  |  

This past Friday, the Securities and Exchange Commission (SEC) revealed an enforcement action that was initially filed last October. According to the SEC, it received a temporary restraining order, an asset freeze, and other relief to halt an ongoing fraud targeting the Indian community that… Read More

January 8, 2024 @ 9:13 am By JD Alois  |  

Some of the sponsors of potential Bitcoin ETFs are updating fees to make their products more appealing to potential investors. Highlighted in a series of X’s by Bloomberg, amended S-1s were hitting the Securities and Exchange Commission’s Edgar filing system this morning. Franklin Bitcoin ETF… Read More

January 5, 2024 @ 12:29 pm By JD Alois  |  

On Monday, January 8, 2024, the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) will hold a meeting to discuss several topics of note. According to the Agenda, the CFTC TAC will cover the use of Artificial Intelligence [AI], blockchain in regard to DeFi, and… Read More

January 5, 2024 @ 11:34 am By JD Alois  |  

Apple Savings APY has been increased to 4.35%. This is the second time that Apple (NASDAQ:AAPL) has increased the savings rate in the past 30 days, increasing it to 4.25% from 4.15% in December. Apple launched its savings feature, offering in partnership with Goldman Sachs… Read More

January 5, 2024 @ 11:11 am By JD Alois  |  

The UK is a top Fintech hub recognized globally for its innovation in financial services. The country has always punched above its weight class when it comes to Fintech and in the past led the charge for Fintech funding in all of Europe. A new… Read More

January 4, 2024 @ 2:11 pm By JD Alois  |  

The Crowdfunding Professionals Association (CfPA) has announced new board members to start 2024. The new members include: Andrew Connor is the founder of the Center for Community Ownership, which works on community investment and community-owned enterprise projects across the United States. Andrew Stephenson has been… Read More

January 4, 2024 @ 10:58 am By JD Alois  |  

Bumper, an automobile payments Fintech, has raised $48 million in Series B funding, according to a note from the company. The funding round was led by Autotech Ventures with participation from Shell Ventures, JLR’s InMotion Ventures, Porsche Ventures, and Revo Capital. To date, Bumper has… Read More