June 21, 2023 @ 8:28 am By JD Alois  |  

The former National Relationship Director at Assetz Capital, Mark Davidson, has joined CrowdProperty as Head of Loan Management. CrowdProperty is a real estate crowdfunding platform that provides debt capital for property developments. Assetz Capital is a similar platform that provides property-secured finance for UK SMEs,… Read More

June 20, 2023 @ 5:16 pm By JD Alois  |  

EDX Markets announced the launch of digital asset trading on its marketplace today. Crypto products available for trading include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). While it is not immediately clear if and when other digital assets will be listed, the… Read More

June 20, 2023 @ 4:55 pm By JD Alois  |  

GRIT Capital and DealMaker have formed a new partnership that aims to promote investment opportunities to the GRIT Capital network. According to a company statement, GRIT Capital will introduce its 1.2 million investors to deals powered by DealMaker. The two companies state that by partnering,… Read More

June 20, 2023 @ 11:46 am By JD Alois  |  

ClearScore has expanded into New Zealand. The company reports that it is now serving 19 million users across the UK, South Africa, Australia, Canada, along with New Zealand. ClearScore provides consumers with a website and app to check their credit score and report for free…. Read More

June 20, 2023 @ 10:58 am By JD Alois  |  

Froda is launching a card-based embedded lending solution in Denmark in partnership with digital bank Lunar and Visa. According to a public statement, the launch follows a successful test period, as the company strives to make it faster and cheaper for SMEs to access growth… Read More

June 20, 2023 @ 10:47 am By JD Alois  |  

Eos Advisory LLP  has received a £10 million commitment from British Business Investments, a subsidiary of the British Business Bank. The funding is part of the Regional Angels Programme and will be allocated to invest alongside Eos’s Angel Syndicate and EIS Innovation Fund.  Eos is… Read More

June 20, 2023 @ 10:34 am By JD Alois  |  

Back Market, BNP Paribas Cardif, and bolttech have announced a partnership for the refurbishing market. Back Market is a marketplace enabling the general public to buy thousands of electrical and electronic products that have been reconditioned. bolttech is an international Insurtech, and BNP Paribas Cardif… Read More

June 19, 2023 @ 11:16 pm By JD Alois  |  

Republic, the largest private investment marketplace in the world, has revealed a new partnership with digital securities platform INX (NEO: INXD, INXATS: INX, OTCQB: INXDF). INX is also a FINRA-regulated broker-dealer, ATS (alternative trading system), and transfer agent. As part of the deal, Republic has invested… Read More

June 19, 2023 @ 7:37 pm By JD Alois  |  

Do Kwon, the creator of TerraUSD – LUNA, has been sentenced to four months in the slammer in Montenegro, according to multiple reports. Kwon’s attempt to create an algorithmic stablecoin TerraUSD has been cited as a huge catalyst in the crypto collapse of 2022. The… Read More

June 19, 2023 @ 12:03 pm By JD Alois  |  

Rnwl, an interesting UK-based Insurtech, is raising growth capital on Seedrs. The offering page indicates the Rnwl is offering a 1.79% equity stake at a pre-money valuation of £8.2 million. The company is EIS qualified, a Seedrs Nominee and approved for the Secondary Market. As… Read More

June 19, 2023 @ 9:55 am By JD Alois  |  

SeedBlink, a European Union online investment platform, has announced the launch of Nimity – an equity management service. According to SeedBlink, Nimity provides cap-table management, investor governance, and communications to help entrepreneurs and investors manage private securities. The service also enables Employee Stock Ownerhip or… Read More

June 18, 2023 @ 7:09 pm By JD Alois  |  

Initial public offerings have hit the pause button in the past months – at least until recently. Last week, CAVA (NYSE:CAVA), a Mediterranean restaurant concept, successfully floated shares on the NYSE, seeing the shares rocket on the first day of trading. The strong showing in… Read More

June 17, 2023 @ 11:19 am By JD Alois  |  

Earlier today, the SEC revealed that it has received court approval for “emergency relief” from Binance and affiliated entities to require funds impacting US investors to be maintained in the US. The order states that funds must be repatriated and held for the benefit of… Read More

June 17, 2023 @ 9:56 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has received court approval for emergency relief regarding assets held by Binance for US customers. The SEC states that all defendants in its litigation against Binance Holdings Limited, BAM Management US Holdings Inc., BAM Trading Services Inc., and Changpeng… Read More

June 17, 2023 @ 9:44 am By JD Alois  |  

As part of the new European Crowdfunding Service Provider Regulation (ECSPR), which legalizes pan-EU securities crowdfunding, platforms must be approved by the relevant authority in a member state. France, the second largest economy in the EU, has incorporated rules for the approval process and today… Read More

June 16, 2023 @ 7:35 pm By JD Alois  |  

The commercial real estate (CRE) market is struggling a bit as the work-from-home (WFH) movement, combined with the flight of businesses away from certain markets that were once hot, has caused some observers to predict calamity at some point in the not-so-distant future. We have… Read More

June 16, 2023 @ 6:52 pm By JD Alois  |  

Binance is continuing its staggered retreat from another market. According to a Tweet from today, Binance is exiting the Netherlands market as they have been “unable to register as a VASP with the Dutch regulator.” A VASP is a virtual asset service provider, and the… Read More

June 16, 2023 @ 4:11 pm By JD Alois  |  

Cross River Bank says it has surpassed 1 million real-time payments transactions and over $500 million in real-time payments volume in the month of May. Gilles Gade, CEO of Cross River, said the accomplishment represented their embrace of new technologies and delivering Fintech solutions to… Read More

June 16, 2023 @ 3:36 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC) has posted its agenda for its meeting next week. Established under Dodd-Frank, the IAC is supposed to represent the interests of individual investors, including smaller ones. In the past, the Committee has largely focused on… Read More

June 16, 2023 @ 11:36 am By JD Alois  |  

IndusInd Bank has integrated Wise to enable efficient and low-cost payments and transfers. IndusInd Bank reports a customer base in India of around 34 million, with 2606 Branches/Banking Outlets and 2878 ATMs spread across geographical locations of the country. Wise is a stealth bank that… Read More