March 7, 2022 @ 11:46 am By JD Alois  |  

Digital security marketplace tZERO ATS has started trading Myra Park, a property development in Dallas, Texas. Myra Park is being developed by MarketSpace Capital and is said to be the first security to commence trading on tZERO ATS following the launch of its self-clearing operations…. Read More

March 7, 2022 @ 11:06 am By JD Alois  |  

European investment platform, Estateguru has announced the launch of its services in the UK while opening an office in Manchester. Estateguru is based in Estonia but has long operated across Europe including Germany, Spain, Portugal, Finland, and, of course, Estonia. The company is known for… Read More

March 7, 2022 @ 10:53 am By JD Alois  |  

Two of the largest consulting/accounting firms in the world have cut ties with Russia due to the country’s unprovoked war with Ukraine. KPMG, which also announced it would stop interaction with Belarus – a staunch Russian ally and launch spot for much the military action… Read More

March 7, 2022 @ 9:45 am By JD Alois  |  

DraftKings (Nasdaq: DKNG) has joined the Polygon ecosystem as a validator and node operator, according to a company release. DraftKings is a publicly-traded sports betting company with a valuation of around $8 billion. The relationship is via a collaboration with Zero Hash that enables DraftKings… Read More

March 7, 2022 @ 9:03 am By JD Alois  |  

Accelerated Payments, an invoice financing provider, has announced the appointment of Neil McMillan as Head of North America – based in Toronto. According to a statement distributed by Accelerated Payments, McMillan brings more than 20 years of experience leading teams for fast-growing firms providing finance… Read More

March 7, 2022 @ 8:48 am By JD Alois  |  

Linked Finance, a peer-to-peer lending platform serving SMEs in Ireland, has announced the launch of a new service allowing clients the ability to borrow against card payments. According to Linked Finance, Merchant Cash Advance will allow businesses to borrow a lump sum and then repay… Read More

March 6, 2022 @ 7:46 pm By JD Alois  |  

There has been a fair amount of discussion regarding Russia using crypto to evade sanctions. First, crypto as a market is simply too small to be an effective tool for the Russian government to utilize it to mitigate the full impact of the economic blockade…. Read More

March 6, 2022 @ 5:09 pm By JD Alois  |  

The Alumni Venture Group (AVG), previously operating as Launch Angels, has settled allegations leveled by the Securities and Exchange Commission (SEC) as well as securities regulators in both Massachusetts and New Hampshire. AVG is a Massachusetts LLC and its CEO Michael Collins is headquartered in… Read More

March 6, 2022 @ 1:46 pm By JD Alois  |  

American Express (NYSE:AXP), Mastercard (NYSE:MA), and Visa (NYSE:V) have all halted operations in Russia following the country’s unprovoked invasion of Ukraine. The news of the three card issuers disabling services has followed global sanctions being applied by Russian President Vladimir Putin and his rogue regime…. Read More

March 4, 2022 @ 6:09 pm By JD Alois  |  

Within a bit more than a week, following the unprovoked invasion by the Russian army, crypto donations to Ukraine have rocketed higher. While funds are being contributed by governments and international agencies, along with more traditional charity paths, crypto has risen to the occasion too… Read More

March 4, 2022 @ 5:19 pm By JD Alois  |  

The Swiss Financial Market Supervisory Authority FINMA has ordered protective measures regarding Sberbank AG, one of the Russian banks targeted with sanctions. Switzerland has joined the economic sanctions along with the EU and other nations to apply pressure to Russia following its unprovoked war with… Read More

March 4, 2022 @ 12:42 pm By JD Alois  |  

Recently Switzerland has taken unprecedented steps to apply economic sanctions targeting Russia due to its unprovoked war with Ukraine. Historically neutral when it comes to political conflict, the criminal act by Russia and Vladimir Putin was simply too much for the Alpine nation. Today, Switzerland… Read More

March 4, 2022 @ 12:00 pm By JD Alois  |  

Shares, a combination investing and social app, has raised $40 million in Series A funding. The round was led by Peter Thiel’s fund – Valar Ventures. Other investors include Singular and Global Founders Capital. Shares previously raised $10 million. Shares reports 130 employees in three… Read More

March 3, 2022 @ 5:34 pm By JD Alois  |  

The US Department of Treasury has been contacting cryptocurrency platforms cautioning them about the possibility of cyber-attacks emanating from Russia following Russia’s unprovoked war against Ukraine. According to a report by Reuters, a person with knowledge of the conversations said following the sanctions leveled against… Read More

March 3, 2022 @ 4:55 pm By JD Alois  |  

The Importance of Compliance. Under the JOBS Act 0f 2012, online capital formation – or investment crowdfunding, became legal in the US. Three exemptions were created that enabled firms to raise money online to fund a company by selling securities. The legislation created Regulation Crowdfunding… Read More

March 3, 2022 @ 9:39 am By JD Alois  |  

NYCE has returned to Wefunder for its 3rd Reg CF securities offering. As was previously reported, NYCE – a firm that wants to create a Robinhood for real estate, pursued two securities offerings on both Wefunder and Republic in late 2020. Once again, NYCE is… Read More

March 3, 2022 @ 9:26 am By JD Alois  |  

Delio, a company that connects investors with alternative assets such as private equity, debt, and property, has raised $8.3 million to accelerate its growth. The funding was led by Octopus Ventures as well as early investors Maven Capital Partners, bringing Delio’s total equity funding to… Read More

March 3, 2022 @ 9:00 am By JD Alois  |  

Atomic, a payroll firm utilized by Fintechs, including neobanks, alternative lenders, and more, has raised a “preemptive” $40 million Series B. The funding was co-led by Mercato Partners and Greylock, with participation from Core Innovation Capital, Portage, and ATX Venture Partners. Atomic’s Series A of… Read More

March 2, 2022 @ 11:29 pm By JD Alois  |  

Singapore-based Volopay, a Y Combinator-backed neobank that offers corporate cards, payable management, business accounts, payments and more, has raised $20 million in a Series A funding round with a combination of debt and equity. The company did not share the details on the funding beyond… Read More

March 2, 2022 @ 10:01 am By JD Alois  |  

The Ukraine government as well as other NGOs and media firms have utilized cryptocurrency to quickly, and instantly raise dearly needed funds as the Russian war against Ukraine devastate the country. Yesterday, CI reported that more than $36 million had been donated to Ukraine via… Read More