March 24, 2022 @ 12:02 pm By JD Alois  |  

VNX, launched in Liechtenstein in 2022 and registered with the Financial Market Authority (FMA) registered platform for investment in tokenized precious metals, claims title as Europe’s first regulated platform for assets like gold. The first product from VNX is VNX Gold, leveraging Ethereum, representing an… Read More

March 24, 2022 @ 11:18 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) says it has received inquiries from derivatives clearing organizations (DCO) or potential DCO applicants seeking to offer clearing of margined products directly to participants, such that participants would not clear through a futures commission merchant intermediary a non-intermediated model… Read More

March 24, 2022 @ 9:14 am By JD Alois  |  

Financement Participatif France (FPF), the French crowdfunding association, has announced the appointment of a new President. According to FPF, Damien Guermonprez has been selected as the new President of the organization. He is currently Executive Chairman of Lemonway. Mathilde Iclanzan has been appointed as Vice President… Read More

March 24, 2022 @ 8:59 am By JD Alois  |  

Raisin, a European digital bank and savings Fintech, has distributed a report on the European savings market claiming deposit inflows have “fallen off a cliff” after record increases. The analysis provided by Raisin indicates that the savers from the eurozone are saving money at a… Read More

March 23, 2022 @ 6:28 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) is scrutinizing peer-to-peer lending. NASAA is the association and lobbying group that represents state and provincial regulators in North America. NASAA has issued a proposal on P2P lending and is seeking public comment on the Statement of Policy… Read More

March 23, 2022 @ 6:09 pm By JD Alois  |  

Investment crowdfunding platform Birchal has surpassed $100 million in financing (as of March 17, 2022), according to an email from the company. As the largest crowdfunding provider in Australia, Birchal is the first to top this amount. As of March 2022, Birchal claims to be… Read More

March 23, 2022 @ 11:44 am By JD Alois  |  

FarmTogether, an investment crowdfunding platform allowing smaller investors to invest in farms, has announced a new Sustainable Farmland Fund. FarmTogether, which reports approximately $175 million in assets under management (AUM) says the new Fund will further its mission to the asset class for all investors… Read More

March 23, 2022 @ 10:49 am By JD Alois  |  

Property investment platform CrowdProperty reports that it has just completed the financing of a development projection Somerset to the tune of £9.05 million. According to an email, the project includes the construction of 69 dwellings, of which 35% will be affordable housing, on a 5.04… Read More

March 23, 2022 @ 9:36 am By JD Alois  |  

Apple (NASDAQ:AAPL), the largest company in the world by market cap, has acquired UK open banking firm Credit Kudos, according to multiple reports. Credit Kudos was apparently purchased for $150 million after putting itself up for sale earlier this year. While neither Credit Kudos nor… Read More

March 22, 2022 @ 5:23 pm By JD Alois  |  

The House Committee on Financial Services has updated its schedule of hearings for the month of March. Next week, for Fintech insiders there will be several hearings of interest as follows: March 30 at 10:00 AM ET: The Task Force on Artificial Intelligence will convene… Read More

March 22, 2022 @ 5:10 pm By JD Alois  |  

Forge Global, a private securities marketplace serving accredited investors, listed its shares on the NYSE today as part of a SPAC deal. As was previously reported, Forge Global traded under the ticker FRGE. The listing was due to a combination with sponsor Motive Capital Corp. During… Read More

March 22, 2022 @ 11:40 am By JD Alois  |  

Equiduct, a pan-European securities exchange serving both individuals as well as institutions, has appointed a new Chief Financial Officer. According to a statement by the company,  Stephen Jarvis has been appointed as CFO joining the company at a “crucial moment in their growth trajectory.” According… Read More

March 22, 2022 @ 10:14 am By JD Alois  |  

Forge Global begins trading on the New York Stock Exchange (NYSE) today under the ticker FRGE. The public listing is following the completion of a SPAC deal with Motive Capital Corp. Financial Technology Partners and FTP Securities (FT Partners) served as financial advisors to Forge… Read More

March 22, 2022 @ 9:48 am By JD Alois  |  

MindWise, a fraud prevention provider is raising capital on MicroVentures in a Reg CF offering available to all investors. As you know, fraud is everywhere these days. The digitization of just about all commerce and financial transactions has created a huge opportunity for crooks looking… Read More

March 22, 2022 @ 9:17 am By JD Alois  |  

OurCrowd, a leading global investment crowdfunding platform, has published its Q4 2021 High Tech Jobs Index. According to OurCrowd, their survey indicates “aggressive recruitment plans as the world turns the corner on the COVID-19 health crisis. OurCrowd states that 72% of surveyed companies increased hiring… Read More

March 22, 2022 @ 8:56 am By JD Alois  |  

  Bitbond has announced the launch of its new product called Token Tool, a service that enables public users to create tokens on Ethereum, Polygon, Avalanche, and BNB Chain. Token Tool can be used to tokenize financial assets such as bonds or stocks, utility tokens,… Read More

March 22, 2022 @ 2:00 am By JD Alois  |  

Livestock trading and analytics platform Breedr has raised £12 million in a blend of debt and equity capital, according to a company statement. Breedr raised capital on Crowdcube last fall receiving over £2 million from 560 individual investors at a pre-money valuation of £16 million…. Read More

March 21, 2022 @ 9:54 pm By JD Alois  |  

 Validus has entered into an agreement with Citi Singapore to purchase its business loan portfolio, according to a statement by Validus. Headquartered in Singapore, Validus provides access to capital for businesses funded by institutions and individual investors. Individual investors must be accredited/HNW individuals. Loans are… Read More

March 21, 2022 @ 9:48 pm By JD Alois  |  

Vemanti Group (OTCQB: VMNT) has signed a 10-year agreement with Vietnam Public Joint-stock Commercial Bank (PVcomBank) to launch one of the first SME digital banking platforms in Vietnam. Vemanti says it will utilize cloud computing, API, automated KYC/AML, Artificial Intelligence, Machine Learning, and blockchain technologies… Read More

March 21, 2022 @ 7:26 pm By JD Alois  |  

Binance has sent a letter to the Ontario Securities Commission (OSC) telling the regulator it is committed to ceasing opening new accounts in Ontario. Last year, Binance Canada announced it would cease providing crypto services in Ontario. The OSC allows crypto exchanges to provide trading in… Read More