July 12, 2023 @ 12:18 pm By JD Alois  |  

RideTandem has raised £2.3 million in a funding round led by Blackfinch Ventures, according to a statement issued by the firm. At the same time, Seedrs has listed the securities offering on their platform, enabling smaller investors access to participate in the offering. RideTandem has… Read More

July 12, 2023 @ 11:44 am By JD Alois  |  

Senators Cynthia Lummis and Kirsten Gillibrand are reintroducing their comprehensive legislation addressing regulatory gaps in the digital asset sector. Both Senators are members of the key Senate Banking Committee that will need to approve any legislation if it will move forward in Congress. A previous… Read More

July 12, 2023 @ 11:21 am By JD Alois  |  

Nubank (NYSE:NU) said it will expand its crypto services, Nubank Cripto, currently available to its customers in Brazil. As part of the expansion, Nubank has signed an agreement with Fireblocks, a global digital asset platform that offers a service for offering blockchain products and managing… Read More

July 12, 2023 @ 10:54 am By JD Alois  |  

PrivacyHawk has raised $2.7 million in funding in a round led by ff Venture Capital (ffVC). Other investors include Nufund, Alumni Ventures, AngelList, Gaingels, Duro Ventures, Sandhill Angels and Seraphim Ventures. Previous investors include ffVC, Tech Coast Angels, Duro Ventures and Gaingels. PrivacyHawk is a… Read More

July 12, 2023 @ 10:45 am By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement on the court’s decision to rule against the Federal Trade Commission’s (FTC) attempt to block the merger of Microsoft’s acquisition of Activision-Blizzard. In brief, the Judge, Jacqueline Scott Corley, found that the FTC… Read More

July 12, 2023 @ 10:35 am By JD Alois  |  

Equabli Inc. has raised $3.35 million of additional capital in a funding round led by Social Leverage. Other investors include BankTech Ventures and Cross River Digital Ventures. Equabli is a debt recovery service for lenders and their borrowers. Equabli’s Recovery as a Service platform provides… Read More

July 12, 2023 @ 9:50 am By JD Alois  |  

Israel has been one of the hottest tech start-up and venture markets for years. Well-known for its hyper entrepreneurial activity, Israel has still been hammered by the global economic downturn and heightened inflation. LeumiTech publishes a periodic update of funding and tech activity in Israel… Read More

July 11, 2023 @ 10:43 pm By JD Alois  |  

Birchal, the largest securities crowdfunding platform in Australia (called crowd-sourced funding in the country), has published a report following five years after online capital formation in its present form was legalized. Matt Vitale, CEO and co-founder of Birchal, states: “We’re five years in. The industry… Read More

July 11, 2023 @ 6:00 pm By JD Alois  |  

Yieldstreet, an online investment platform that provides access to private securities and alternative investments, has announced that co-founder and CEO Milind Mehere will be transitioning to a Senior Advisor position as co-founder Michael Weisz steps into the CEO role. Mehere will continue in his role… Read More

July 11, 2023 @ 4:52 pm By JD Alois  |  

The House Financial Services Committee has announced several new hearings for next week. The Capital Markets Subcommittee is holding a hearing Entitled: “Oversight of the SEC’s Division of Corporation Finance” Time: 10:00 AM ET Date: Tuesday, July 18, 2023 Place: 2128 Rayburn House Office Building… Read More

July 11, 2023 @ 4:37 pm By JD Alois  |  

Crypto Exchange Traded Products (ETPs) are gaining traction – at least outside the US, according to Digital Asset Research (DAR). The company believes that ETPs or ETFs (Exchange Traded Funds) are ready for broader institutional adoption. According to their data, ETPs based on crypto or… Read More

July 11, 2023 @ 11:49 am By JD Alois  |  

The City of  London, working with HM Treasury, has published a review of UK financial services declaring there is an opportunity to become more efficient and competitive. While Brexit has thrown a wrench in the works, the UK continues to be a top global financial… Read More

July 11, 2023 @ 7:57 am By JD Alois  |  

As was anticipated, Chancellor of the Exchequer Jeremy Hunt outlined his vision for pension reform that will enable these funds to invest in private firms. Hunt said he wanted to increase returns for pensioners while unlocking capital for early-stage firms. We’ve grown faster than France,… Read More

July 10, 2023 @ 7:01 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has issued a statement on its ongoing crackdown of crypto ATMs in the UK that are not authorized. The FCA says it has investigated 34 locations in the UK since the start of the year, typically working with other law… Read More

July 10, 2023 @ 11:55 am By JD Alois  |  

Republic, the operator of the largest investment crowdfunding platforms in the world, has enhanced its private deal room service for its top global investors. Republic has revealed “Project Platinum” to serve accredited investors. Republic has sought to create a multi-tiered service for both smaller and… Read More

July 10, 2023 @ 11:44 am By JD Alois  |  

Blockchain security firm CyVers is claiming first in uncovering the Multichain mega hack that saw over $126 million pilfered from the protocol. As was previously reported, Multichain halted its network on the hack just a month after the entity’s CEO disappeared. Cyvers said its AI-driven service… Read More

July 10, 2023 @ 10:05 am By JD Alois  |  

As part of a policy aiming to boost economic growth and innovation, the UK is expected to announce pension fund reforms that will allow these vehicles to invest in early stage firms. Chancellor of the Exchequer Jeremy Hunt is expected to pursue a policy that… Read More

July 9, 2023 @ 5:59 pm By JD Alois  |  

The Brookings Institution, a middle-of-the-road Democrat think tank, has posted a review on crypto-based jobs and startup activity, noting that crypto startups are just as volatile as crypto in general. The report is predicated on the belief that local officials need to embrace tech innovation… Read More

July 9, 2023 @ 1:35 pm By JD Alois  |  

Marc Boiron, a well-known attorney in the Fintech sector, has stepped in as CEO of Polygon Labs. Proud to start as CEO role at @0xPolygonLabs, reporting to the founders & leaning into our stellar eng roots.It's a privilege to serve the community & company as… Read More

July 7, 2023 @ 12:34 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has commented on the rate spread between what banks are receiving in interest rate returns and what they are giving their deposit holders.  The regulator said in a studied, underwhelming tone that the “decision-making has been slow” for banks… Read More