September 1, 2022 @ 9:57 pm By JD Alois  |  

This week, the Subcommittee on Economic and Consumer Policy, part of the House Oversight Committee, sent a letter addressing crypto scams and fraud to five crypto exchanges as well as several federal agencies. The crypto exchanges include: FTX, Binance.US, Coinbase, Kraken and KuCoin – some… Read More

September 1, 2022 @ 7:37 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has charged the Archer Capital Management Group, Archer Growth Fund, and two related entities, HDR Management LLC and Silvermoon Group LLC, with an alleged fraudulent scheme that raised $2.6 million from at least 20 unsuspecting investors. According to the… Read More

September 1, 2022 @ 6:36 pm By JD Alois  |  

According to Crowdfund Capital Advisors (CCA), Reg CF (Regulation Crowdfunding) had a booming month in August. While other markets sank (think crypto and public securities), platforms participating in securities offerings under Reg CF jumped. CCA reports that new issuers hit a record 159 companies aiming… Read More

September 1, 2022 @ 1:08 pm By JD Alois  |  

Like several other platforms, Republic has entered the art or collectibles sector of online investing. Republic, which just closed on its acquisition of Seedrs, has grown to offer multiple investment verticals including, early stage ventures, real estate, crypto, gaming, litigation financing, and now art and… Read More

September 1, 2022 @ 10:19 am By JD Alois  |  

Online lender Linked Finance says that Irish SMEs continue to pesevere even in spite the rising inflation and global conflict like Russia’s unprovoked war with Ukraine. The periodic Linked Finance SME Confidence Index states that: 82% of businesses report performance better or in line with… Read More

September 1, 2022 @ 9:00 am By JD Alois  |  

Presearch, a heightened privacy search engine that rewards users with tokens, has gained a notable step up in the competitive world of search. Presearch is now integrated with Android in Europe as a default search engine option. According to a statement by Presearch, Android devices… Read More

September 1, 2022 @ 4:00 am By JD Alois  |  

With the completion of the acquisition of Seedrs, Republic has announced that it is now the “first global private investment platform,” which will provide access to investment opportunities for retail investors around the world. Republic has shared that it has received final regulatory approval to… Read More

August 31, 2022 @ 6:45 pm By JD Alois  |  

Real estate investment platform Groundfloor is raising capital on Wefunder, a leading investment crowdfunding platform. According to the offering page, Groundfloor is raising equity at a pre-money valuation of $234 million. Investors may participate for just $100 and as of today, Groundfloor has raised just… Read More

August 31, 2022 @ 4:02 pm By JD Alois  |  

Maxine Waters, Chairwoman of the House Committee on Financial Services, has posted the calendar for September hearings with several topics of note on the list. On Tuesday, September 20 at 10 a.m. ET, the Subcommittee on National Security, International Development, and Monetary Policy will meet… Read More

August 31, 2022 @ 3:39 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has issued a warning to investors regarding “investment scams and frauds offered in the unregulated metaverse.” The NASAA advisory states that the metaverse may offer investment opportunities, including virtual real estate, nonfungible tokens (NFTs) and other businesses. But… Read More

August 31, 2022 @ 12:04 pm By JD Alois  |  

LevelField Financial has acquired Netshares Financial Services, pending regulatory approval. Details on the acquisition were not provided. Netshares is a registered broker dealer. LevelField is a financial services firm that aims to “unite traditional banking and digital asset products and services” on a single platform…. Read More

August 31, 2022 @ 10:43 am By JD Alois  |  

Private Markets Alpha (PM Alpha) has launched, seeking to “dramatically improve” investor access to private markets. The UK-based startup says it has raised £1 million in funding to transform the global wealth management industry.” The goal is to “simplify private market investment for all. PM… Read More

August 31, 2022 @ 9:50 am By JD Alois  |  

Banco Santander has enlisted Trovata to provide cash forecasting and liquidity management for its corporate clients. In a corporate statement, Trovata said that the agreement was for global distribution with Santander. The partnership is expected to see Santander market Trovata’s cash management platform to its… Read More

August 31, 2022 @ 7:00 am By JD Alois  |  

Online lender Ranqx has appointed John Horner as Chairman of the firm. Horner was previously JPMorgan Chase CIO and Treasurer. He is currently Managing Partner at MoVi, a network dedicated to learning and innovation that advises, incubates, and invests in early-stage firms. Ranqx is based in… Read More

August 30, 2022 @ 4:14 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), the top academic group studying Fintech, has published a report on digital finance in Latin America and its impact on SMEs’ access to capital. The SME Access to Digital Finance Study: A Deep Dive into the Latin America… Read More

August 30, 2022 @ 11:37 am By JD Alois  |  

Lena Instruments, in partnership with Flare Network, has announced the launch of a new crowdfunding platform labeled “CloudFunding.” Lena Instruments is a blockchain and software firm based in Switzerland. Flare is a new blockchain that claims to have the first consensus protocol for external data…. Read More

August 30, 2022 @ 11:23 am By JD Alois  |  

VIAINVEST, a peer-to-peer lending platform licensed and supervised by the Financial and Capital Market Commission in Latvia, has enlisted the assistance of iDenfy to provide ID verification and anti-fraud sevices. iDenfy ensures AML and KYC compliance for both large and smaller firms. VIAINVEST believes that… Read More

August 30, 2022 @ 10:44 am By JD Alois  |  

banco (RABC Group) has raised USD $6.7 million in Series A funding. The round was led by SBI Group, alongside investors Sumitomo Mitsui Banking Corporation (SMBC), R3, Savills, KZM & Company, and others. Based in Singapore and founded in 2018, banco has subsidiaries in both… Read More

August 29, 2022 @ 8:10 pm By JD Alois  |  

Leading Latin American crypto platform Bitso says it has added ETH to Bitso+, a yield platform that allows users to generate income on parked funds. Previously, Bitso allowed Bitcoin holders and dollar stablecoin holders to generate income but Bitso has now added ETH. Bitso+ was… Read More

August 29, 2022 @ 6:56 pm By JD Alois  |  

Boxabl, a pre-fab, modular housing concept that has generated some solid traction on the market, closed its Reg A+ securities offering on StartEngine last Friday. The offering was simultaneously listed on Republic. According to the Reg CF offering page, Boxabl closed at over $24 million… Read More