JD Alois

Fundrise Says Portfolio Outperforms, Even with Fed Induced Recession on the Way

Real estate investment platform Fundrise is out with its Q3 investor letter profiling its performance. Fundrise is a platform that offerings fund like vehicles that invest in various real estate or property assets.  The offerings are available to both non-accredited and accredited investors as they… Read More

Bitcoin Platform NYDIG Reduces Staff: Report

NYDIG, a Bitcoin gateway platform providing various crypto services, has quietly reduced its employee account, according to a recent report. WSJ.com writes that about one-third of its staff, or 110 individuals, have been let go. The move follows a change in executive leadership that was… Read More

Exodus Movement: First Company to Raise $75 Million Under Reg A+, Schedules Earnings Call for November

Exodus Movement (tZERO: EXOD, Securitize Markets: EXOD), the first company to reach the funding cap under Reg A+ – raising $75 million, has scheduled its earnings call for November 9 at 330PM ET. Exodus, a firm that trades a digital security, raised capital from over… Read More

Multi Asset Crypto ETP Listed on Boerse Frankfurt by Valour, Vinter

Valour Inc. has partnered with Valour to list its first “multi-asset crypto exchange-traded product (ETP). The fund will trade on the Boerse Frankfurt Zertifikate AG (ISIN: CH1149139623). Valour is a firm seeking to bridge digital and traditional capital markets, including DeFi. Vinter is a Sweden-based… Read More

Legion M Returns to Crowdfunding for 9th Time, Lists Reg A+ Securities Offering on StartEngine

Legion M, a media company that aims to have one million investors. has returned to crowdfunding for the 9th time, according to a statement from the company. Legion M has listed a Reg A+ securities offering on StartEngine seeking to raise up to $20.7 million… Read More

Coinbase Approval to Operate in Singapore is Key Strategic Move

  This past week, Coinbase (NASDAQ:COIN) revealed it had received regulatory approval to provide services in Singapore, the leading Fintech hub in Asia,  At the same time, it was announced that Coinbase founder and CEO Brian Armstrong is expected to participate at the annual Singapore… Read More

finbots.ai Expands into Indonesia, Partners with Proptech Tanaku

finbots.ai, an artificial intelligence (AI) firm for credit modeling, has signed an agreement to partner with Proptech Tanaku, expanding their services into Indonesia. According to a company statement, finbots.ai platform will help Tanaku quickly create a high-quality customer risk assessment model to streamline pre-mortgage financing… Read More

SEC Commissioner Peirce Asks All the Right Questions of the Small Business Capital Formation Advisory Committee

Today the SEC’s Small Business Capital Formation Advisory Committee (SBCFAC) held a meeting to address two important topics. The sagging initial public offering (IPO) market and access to capital for vital entrepreneurial markets. Both, are key policy ambitions – more so during a time of… Read More

Bank of Apple: Apple Card to Offer Interest Bearing Accounts in Partnership with Goldman Sachs

Apple (NASDAQ:AAPL), the largest company in the world by market cap, is becoming more like a digital bank. Apple announced today that it will soon offer interest-bearing accounts alongside its highly popular Apple Card. The service will be available in partnership with Goldman Sachs (NYSE:GS),… Read More

SeedInvest’s Largest Reg CF Offering Ever

SeedInvest, a full-stack investment crowdfunding platform, reports that a current securities offering is the largest Reg CF issuer ever on its platform. While many offerings on SeedInvest are listed under Reg A+ and Reg D, SeedInvest also leverages Reg CF (Regulation Crowdfunding), an exemption that… Read More

Anchorage Digital Offers Staking in Partnership with Provenance Blockchain

Anchorage Digital, a federally chartered digital asset bank, has announced a partnership with the Provenance Blockchain Foundation to offer the staking of HASH tokens. Anchorage will provide access to its institutional clients to participate in the Provenance blockchain to collect rewards for securing the network…. Read More

Digital Assets: Crypto Investment Platform Pillow Raises $18 Million Series A, Targets Emerging Markets

Pillow, a Singapore-based crypto investment platform that currently reports serving 75,000 users in over 60 countries, has raised an $18 million Series A funding round. The capital injection was led by Accel, Quona Capital, Elevation Capital, and Jump Capital. Pillow notes that Elevation Capital was… Read More

Global Economic Challenges Slam European Fintech Sector, Consolidation on the Way: Report

Global economic reality is impacting everyone and everything. Sky-high inflation, interest rates rising, the war in Ukraine, and more, are hobbling economic activity. Fintech is not immune to this fact and a report distributed today by Finch Capital states that Fintech is entering a period… Read More

QED Investors on Fintech VC Activity and Valuations: Down as Economy Struggles

QED Investors is one of the most prolific venture capital firms focusing on Fintech in the world. With more than one hundred portfolio companies and over a dozen exits, QED has touched almost all sectors of Fintech. Big Fintech names have received the backing of… Read More

Lolli Turns Any Credit Card into a Bitcoin Rewards Card

Bitcoin reward app Lolli says its new version app on iOS and Android will incorporate “Lolli Card Boosts” – a feature designed to allow users to earn up to 10%  in Bitcoin rewards for in-store purchases. Lolli explains that with Boosts, anyone’s credit or debit… Read More

Grayscales Has Had Enough, Sues SEC Due to Foot Dragging on Bitcoin ETF

Grayscale Investments, a large digital asset manager with listed products trading on OTC Markets, has sued the Securities and Exchange Commission (SEC) due to the agency’s refusal to approve a Bitcoin-based Exchange Traded Product (ETP) or spot Bitcoin ETF. According to a release, Grayscale filed… Read More

SettleMint, a Low Code Platform for Blockchain Apps Raises €16 Million led by Molten Ventures

SettleMint, a low-code platform for blockchain app development, has raised €16 Million in a Series A round led by Molten Ventures and OTB. Other investors include, Fujitsu Ventures, Allusion, and Bloccelerate and existing investor Medici Ventures. Settlement aims to remove the complexity currently intrinsic to… Read More

Fintech that Helps Banks Improve Customers Credit Rating Nickels Raises $4 Million Seed Round

Nickels, a Michigan-based Fintech, has raised $4 million in Seed funding in a round led by Flyover Capital and Reseda Group, with participation from Detroit Venture Partners and Michigan Rise, according to a company statement. Nickels is a firm that provides a white-labeled product to… Read More

Teens: Awareness of Crypto, NFTs High

The periodic report assessing teen trends produced by Piper Sandler has been distributed this past week. While skipping over digital payment preferences, as outlined in their previous report, the authors did address the crypto trends of teens. The research surveyed 14,500 teens across the country… Read More

Crypto Wallet Zerion Raises $12.3 Million Series B

Zerion, a non-custodial crypto wallet, has raised $12.3 million in Series B funding. The round was led by Wintermute Ventures. Additional include Placeholder, Mosaic, Polymorphic Capital, Coinbase Ventures, and Alchemy Ventures. 1inch Network’s Sergej Kunz, Anton Bukov, and Orest Gavryliak also participated alongside Yunt Capital… Read More

Send this to a friend