JD Alois

Number of FINRA Regulated Funding Portals Holds Steady as Crowdfunding Industry is Poised for Growth in 2021

Periodically, Crowdfund Insider reviews the number of FINRA regulated funding portals operating in the Regulation Crowdfunding (Reg CF) funding sector. A funding portal is a new entity created by the JOBS Act of 2012 designed specifically to issue securities under Reg CF. The last time… Read More

B-North, a Fintech Building an SME Lending Bank, Tops £500,000 Target on GrowthFunders

B-North, the Manchester-based Fintech building an SME lending bank for the UK, has topped its £500,000 target on GrowthFunders. As it stands today, B-North has raised £560,598 backed by 48 online investors as well as 27 professional investors. The Series A “bridge stub round” is… Read More

Digital Asset Infrastructure Provider METACO Integrates with Tezos

METACO, a digital asset infrastructure provider serving financial institutions, has integrated with Tezos, a public blockchain. METACO provides an end-to-end solution for functionalities on Tezos and other major proof-of-stake and DeFi protocols, including; Aave, Uniswap, and Compound METACO provides digital asset services such as tokenization,… Read More

FinTech Australia Finalists Announced for “Finnies” Awards

FinTech Australia has announced the 2021 finalists for its annual “Finnies” award. According to an email, the group received 290 award entries across 20 categories. The category winners will be announced in person this year on June 9, 2021, at The Forum in Melbourne. FinTech… Read More

Hong Kong based Amber Group Adds New Retail Investment Features

Amber Group, a crypto trading platform, has added new features for its retail-facing Amber App. According to the company, the features are designed to help users achieve optimal investment returns through interest rate products, yield enhancement, and risk management tools. Amber was founded in 2017… Read More

Decentralized Digital Asset Management Firm Qredo Raises $11 Million Seed Round

Qredo, a decentralized digital asset management platform, has raised $11 million in seed funding, according to a note from the company. Investors in the company include Amnis Ventures, Artus, Borderless Capital, Celsius, CMS Holdings, Connect.Capital, Deribit, G1, GSR, Gumi Cryptos, Kenetic, Kronos, Maven 11, 1kx,… Read More

Upcoming House Financial Services Committee Hearings to Include Discussions on SPACs, AI , Big Banks & More

The House Committee on Financial Services has disseminated the May 2021 calendar of hearings that cover a wide range of financial services issues. As has been previously reported, this coming Thursday (May 6), beginning at 12Noon ET, will see the GameStop phenomenon discussed once again…. Read More

EBay Looking into NFTs, May Accept Crypto Payments

EBay (NASDAQ:EBAY) CEO Jamie Iannone indicated his company is investigating the offering of non-fungible tokens or NFTs as it looks to support new categories. In an interview on CNBC today, Iannone had this to say about the potential for NFTs: “We are looking at it… Read More

INX Limited Closes Token IPO Raising $85 Million

INX Limited reports that it has raised approximately $85 million in “the first SEC-registered token IPO.” INX is a digital asset company that seeks to provide a regulated trading platform for both digital securities and crypto. INX states that over 7200 investors participated in the… Read More

Next GameStop Hearing at House Committee of Financial Services to Include SEC Chairman Gary Gensler

Later this week, the House Committee on Financial Services will hold a hearing addressing the GameStop trading phenomenon. This will be the third hearing the Committee will have held on the short squeeze that was partly orchestrated by individual chatting on Reddit. Many of the… Read More

Monetary Authority of Singapore Dedicates S$42 Million for Regtech Initiatives

The Monetary Authority of Singapore (MAS) has announced a new grant program targeting Regulatory Technology or Regtech that is said to be an enhancement of the Digital Acceleration Grant (DAG) scheme to accelerate technology adoption.  In a public statement, MAS said it will commit S$42… Read More

SEC Commissioner Peirce Touts Ways to Improve Access to Capital Including Clarity Regarding Finders, an Update to Accredited Investors and a Micro-Exemption

Earlier today the SEC Small Business Capital Formation Advisory Committee held a meeting on facilitating access to capital to underserved segments of the country. As most people understand, small businesses and entrepreneurs drive the majority of job growth and wealth creation. While policies that encourage… Read More

Small Business & Entrepreneurship Council: Biden Policy Like Capital Gains Tax Increases Could Derail the Recovery, Harm Entrepreneurs

The Biden administration has just completed its first 100 days in office. Since January, the Administration has proffered a whirlwind of policy changes and legislation from massive spending in the trillions of dollars to profound changes in the tax system. Meanwhile, the economy has already… Read More

European Investment Bank Issues Digital Bond on Ethereum. Will Bond Tokenization Become the Norm?

This past week, the European Investment Bank (EIB) issued a €100 million digital bond offering on the Ethereum blockchain. The EIB worked with Goldman Sachs, Santander, and Societe Generale on the issuance along with the support of the Banque of France. Notably, the payment of… Read More

DeFi Focused Firm Dispersion Holdings Trades on Aquis Stock Exchange Growth Market

DeFi firm Dispersion Holdings has commenced trading of its shares on the Aquis Stock Exchange Growth Market (AQSE). Aquis Exchange is authorised and regulated by the UK Financial Conduct Authority and France’s Autorité des Marchés Financiers to operate Multilateral Trading Facility businesses in the UK… Read More

CryptMixer, a Crypto Tumbling Service, Says Demand is High During COVID

CryptMixer, a tumbler or crypto-mixing service, says that demand for mixing has risen significantly during the COVID-19 health crisis. Crypto-mixing is a method for covering digital tracks in the transfer of crypto. Blockchain creates an immutable path available for anyone to see thus making privacy… Read More

Coinbase Acquires Digital Asset Data Firm skew

Coinbase (NASDAQ:COIN), the largest crypto exchange in the US, has acquired skew, a UK-based data analytics firm in the digital asset sector. Terms of the deal were not revealed and the transaction is expected to close next month following typical closing conditions. Founded in London… Read More

Digital Asset Marketplace Zipmex Reports First Lamborghini Purchased with Crypto

Zipmex, a Singapore-based digital asset exchange that operates in multiple countries, says it has processed Asia’s first purchase of a Lamborghini using cryptocurrency. According to a release, Jo Chirawat used Zipmex’s mobile app to put a downpayment in Bitcoin on a 2021 Huracán EVO RWD… Read More

OurCrowd: Things in Israel are Firing on All Cylinders

Earlier this week, OurCrowd CEO and founder Jon Medved held a virtual press briefing commenting on both the marketplace in Israel and the performance of OurCrowd in a pretty hot investment environment. Recently, it was reported that Israel has broken into the top 20 nations… Read More

Bank Branches in Germany Closing at Record Pace

Bank branches are closing at a record pace according to Deutsche Bundesbank. Perhaps boosted by COVID-19, the emergence of Fintech and the fact that no one under a certain age wants to visit a physical bank branch is obviously driving closures of these once ubiquitous… Read More

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