December 20, 2021 @ 10:23 pm By JD Alois  |  

Open Banking Europe (OBE) reports that it has extended its memorandum of understanding (MOU) with the European Telecommunications Standards Institute (ETSI) for three more years. OBE provides standardised solutions while working with stakeholders to facilitate a greater understanding of open banking and enable collaboration between… Read More

December 20, 2021 @ 11:45 am By JD Alois  |  

Vstock Transfer, the SEC-registered transfer agent that is active in the private securities market, will open an office in Israel, according to a release. Vstock has serviced the securities crowdfunding market like Reg A+ offerings, as well as more traditional IPOs. Israel is one of… Read More

December 20, 2021 @ 11:27 am By JD Alois  |  

Knightscope, the autonomous security robot firm, is returning to StartEngine to raise more money. The company’s first securities crowdfunding round was in 2017 on SeedInvest. First, Knighscope completed a seed round with a $4 million convertible and then followed with a Series A and Series… Read More

December 20, 2021 @ 10:47 am By JD Alois  |  

SEC Commissioner Elad Roisman has submitted his resignation to President Joe Biden indicating he will exit the Commission next month. Commissioner Roisman issued the following statement: “Today, I sent a letter to President Biden, informing him that I intend to resign my position by the… Read More

December 20, 2021 @ 10:37 am By JD Alois  |  

SingularityDAO, a spin-off of SingularityNET, has announced DynaSets – a diversified portfolio of crypto assets managed by hedge fund professionals and artificial intelligence (AI). According to a company release, DynaSets is now in Beta and hedge fund traders “will play a major role in all… Read More

December 20, 2021 @ 9:23 am By JD Alois  |  

Rocket Companies (NYSE: RKT), a leading online lender including mortgages, has acquired Truebill for $1.275 billion in cash. Rocket’s current market cap is around $30 billion. Truebill is a digital platform that instantly uncovers and tracks your subscriptions enabling users to cancel these fees quickly… Read More

December 19, 2021 @ 5:18 pm By JD Alois  |  

Coinweb has raised $4 million in funding. Coinweb is a layer-2 cross-chain computation platform that aims to solve some of the most critical problems that currently exist within distributed ledger technology. The strategic funding round includes the participation of KuCoin Labs, Morningstar Ventures, Panda Capital,… Read More

December 19, 2021 @ 5:05 pm By JD Alois  |  

SEBA Bank, a Switzerland digital asset bank regulated by FINMA, has launched a gold token. This digital asset represents physical gold and has rights for physical delivery. The SEBA Bank Gold Token is designed to simplify the process of investing in gold as a digital… Read More

December 17, 2021 @ 11:10 am By JD Alois  |  

Digital platforms for private securities, including the issuance, trading, and management of these assets, are becoming a thing in the Fintech sector. As individual investors have learned, much value is generated before a company pursues a public listing – or gets acquired. Jumping ahead of… Read More

December 17, 2021 @ 10:40 am By JD Alois  |  

Plaid, a leading open banking platform, has published a blog post that reflects on 2021 while providing some insight into their expectation for 2022. Authored by Keith Grose, GM of International at Plaid in London, explained that Fintech’s disruptive capacity is far beyond financial services…. Read More

December 16, 2021 @ 8:43 pm By JD Alois  |  

bolttech and Samsung have expanded their device protection partnership to multiple European markets. Today, the collaboration exists in 13 markets including Belgium, The Netherlands, Norway, Sweden, Finland, and Denmark. A similar arrangement exists in seven countries in Asia. The Samsung Care+ program, operated in partnership… Read More

December 16, 2021 @ 6:08 pm By JD Alois  |  

Following the House Financial Services Committee hearing on cryptocurrency last week, the Senate Banking Committee held a related hearing to discuss the stablecoin market. Entitled Stablecoins: How Do They Work, How Are They Used, and What Are Their Risks?, the Senate Banking Committee had a single… Read More

December 16, 2021 @ 3:48 pm By JD Alois  |  

Buy now, pay later, services may be receiving more scrutiny if several Senate Democrats have their way. Yesterday, Senators Jack Reed, Sherrod Brown, Elizabeth Warren, Chris Van Hollen, Tina Smith, and Jon Ossoff, sent a letter to the Consumer Financial Protection Bureau (CFPB) urging Director… Read More

December 16, 2021 @ 11:42 am By JD Alois  |  

JustiFi has announced a $6.6 million seed round led by Emergence Capital and Rally Ventures, according to a statement by the firm. JustiFi is a Fintech that offers “vertical SaaS platforms” a suite of embedded financial tools, including payments and banking features. Justifi states that… Read More

December 16, 2021 @ 10:37 am By JD Alois  |  

The transformation of analog finance to digital finance is ongoing but the onset of the global health crisis of COVID-19 has accelerated digital transformation for all. For Fintech, this has meant a boom in digital (neo) banking, investing platforms, and a host of other financial… Read More

December 16, 2021 @ 9:01 am By JD Alois  |  

Former Securities and Exchange Commission Chairman Jay Clayton visited with CNBC yesterday to discuss meme stocks but he also had the opportunity to share his opinion on crypto. During the show, Clayton professed that he has, “long believed that the rules in that area are… Read More

December 16, 2021 @ 1:17 am By JD Alois  |  

Last week, CI reported that Uniti, a Swedish electric vehicle (EV) company that has raised capital several times with securities crowdfunding offerings, was close to shuttering operations. In recent years, Uniti has raised funding on both Crowdcube and FundedByMe. Uniti said it needed to raise… Read More

December 15, 2021 @ 12:38 pm By JD Alois  |  

Securitize has launched two tokenized index funds – the first of their kind. According to a statement from Securitize, the Fintech has leveraged blockchain technology to offer the following S&P indices: The Securitize S&P Cryptocurrency Large Cap Ex-MegaCap Index The Securitize S&P Kensho New Economies… Read More

December 15, 2021 @ 12:26 pm By JD Alois  |  

Masterworks.io, a digital investment platform that is enabling smaller investors to participate in the art sector, has selected Equity Stock Transfer, LLC as their transfer agent for securities issued by their platform. Masterworks leverages the Reg A+ securities exemption to offer fractionalized art investments and… Read More

December 15, 2021 @ 12:15 pm By JD Alois  |  

Assetz Capital, a peer-to-peer lending platform for secured loans, says it has provided a £1.3 million loan to Amor Homes Ltd to complete its luxury development in Cheshire. Assetz Capital states that having built four luxurious homes in South Cheshire the developers are now exiting… Read More