JD Alois

Laurel Road Says Younger People Stressed About Their Finances

Laurel Road, a digital banking platform and a subsidiary of KeyBank, says that younger people are stressed about their finances, something that should come as no surprise as inflation goes through the roof and the federal government is on a spending spree. In a survey… Read More

Email, Messaging Platform based on Blockchain Alter Raises $1 Million in Seed Funding

Alter, formerly doing business as Altermail, reports that it has raised USD$ 1 million in seed funding. The venture capital firms participating in the funding round include Sky Vision Capital, Iconium, Magnus Capital, Sienna Network, Secret Swap, R930 Capital, Xavier Venture Group and Crypto Jalal… Read More

EMPOWR Files Lawsuit Challenging SEC’s Inability to Comply with FOIA Requests Pertaining to Crypto Regulation

Empower Oversight Whistleblowers & Research (EMPOWR) is a nonprofit, nonpartisan organization dedicated to enhancing independent oversight of government and corporate wrongdoing, has filed a lawsuit challenging the Securities and Exchange Commission (SEC) to disclose conflicts of interest regarding the regulation of crypto. EMPOWR has filed… Read More

Early Stage VC Elron Ventures Adds Top Names to Advisory Board

Elron Ventures, an Israeli early-stage investment firm, has added multiple “domain experts” to join their Advisory Board. They are Jeff Trudeau, CISO of Chime, Gil Gur Arie, Chief Global Data Insights & Analytics at Ford Motor Company, Al Ghous, CISO of Snapdocs and Co-Founder of… Read More

Ledger Enables In-Wallet ICP Staking

Ledger, a wallet solution for crypto, is enabling staking for the Internet Computer Protocol (ICP) token. According to a statement by Ledger, it is partnering with the Dfinity Foundation, a contributor to the Internet Computer, a blockchain that runs at web speed, serves the web,… Read More

Insurtech Rnwl Inclined to End Securities Offering on Seedrs Early as Investors More than Double Funding Goal

Earlier this week, Gonçalo de Vasconcelos founder and CEO of Rnwl, announced they have decided to close their funding round on Seedrs early having more than surpassed their goal. de Vasconcelos is a veteran Fintech founder having launched the online investment platform SyndicateRoom, several years… Read More

Meta’s Novi Digital Wallet Now Allows Transfers in Paxos’ Stablecoin USDP via WhatsApp

Meta, formerly known as Facebook (NASDAQ:FB), has enabled its digital wallet Novi to transfer funds using Paxos’ dollar-based stablecoin USDP via WhatsApp – another Meta company. Paxos is a top digital asset platform in the US that has pursued a compliance-first approach to providing crypto… Read More

StartEngine Has Now Raised $50 Million from Individual Investors

StartEngine, a securities crowdfunding platform that is in the midst of a self-crowdfunding round, says it has now raised over $50 million from individual investors. In an email, StartEngine said that it has thousands of shareholders on its cap table and zero traditional VCs. With… Read More

Casper Token CSPR Integrated with Bitkeep Wallet

Casper Association, a non-profit that oversees the Casper Network, has integrated its  native token, CSPR with the BitKeep wallet. Casper is a proof of stake blockchain designed to accelerate enterprise and developer adoption of blockchain technology today.  Casper boasts lower gas fees  and improved speeds… Read More

SEC Chairman Gary Gensler Posts Video Slamming SPACs

SPACS, or special purpose acquisition companies, have had a gangbuster year boosting the number of initial public offerings that have taken place. While SPACs have been around for many years, in recent times the vehicles have surged in popularity as a shortened path to take… Read More

Securities Crowdfunding Provider Rialto Markets Raises Money on NetCapital

Rialto Markets, a broker-dealer active in the crowdfunding sector, is raising growth capital under Reg CF. Rialto has selected NetCapital, a funding portal, to complete this funding round. According to the offering page, Rialto is seeking up to $4,999,999  of Series A-2 Units. The company… Read More

SEC Office of the Advocate for Small Business Capital Formation Submits Annual Report to Congress

The Securities and Exchange Commission (SEC), Office of the Advocate for Small Business Capital Formation, is a relatively new entity at the SEC. The Advocate was created in recognition of the fact that smaller firms in need of growth capital too frequently get ignored by… Read More

Tokeny Powers Token Tokenchampion’s Tokenization

Tokeny, a European tokenization platform, is enabling the Tokenchampion’s tokenization. Tokenchampion is said to be the first investment fund that tokenized debt for the “acquisition and management of international football players’ image rights.” Luc Falempin, Tokeny founder and CEO, commented on the news: “The Tokenchampions… Read More

Venture Capital Firm Antler Raises £21.4 Million UK Fund

Global VC firm Antler has closed on a new UK fund, according to a statement by the company. The UK fund  closed at £21.4 million and will be used to enable Antler’s UK team to build a portfolio of around 70 companies in the UK. … Read More

First Institutional Investor Joins the Association of German Credit Platforms

The Association of German Credit Platforms (VdK) has accepted nordIX AG as a full member. VdK advocates for the professional, honest and transparent design of  online debt financing as well as compliance with the high standards by all market participants. NordIX AG, founded in 2009,… Read More

CreditSpring Reports 100,000 Customers After Topping 50K in July

Creditspring says its customers have grown by almost 430% in the last 12 months having surpassed 100,000 customers. Last July, the direct lender reported topping 50,000 customers. Creditspring is a “credit subscription service” that is regulated by the UK Financial Conduct Authority. Option Finance has… Read More

Nubank Prices IPO at $9 a Share, Will Trade on NYSE Under Ticker “NU” [u]

Nu Holdings or Nubank, will trade on the New York Stock Exchange today under the ticker symbol “NU”. Nubank, based in Brazil, is one of the most successful digital banks in the world. The pricing gives Nubank a valuation of over $40 billion. The company… Read More

Marqeta Leads Funding Round in ConnexPay, a Payments Gateway

Marqeta (NASDAQ:MQ) has announced its first venture investment after becoming a publicly-traded company. Marqeta has led a $20 million Series B funding round into payments gateway ConnexPay.  ConnexPay, a customer of Marqeta’s since 2018, offers a combined merchant acquiring and virtual card issuing solution for… Read More

House Financial Services Committee Hearing on Digital Assets Provides Insight into Regulatory Needs of Crypto Industry

Earlier today (December 8, 2021), the House Financial Services Committee held a hearing on digital assets. As was previously reported, the witnesses included top crypto executives and thus provided the opportunity for a unique discussion between House members and crypto entrepreneurs. Chairwoman of the Committee,… Read More

PriceHubble Gains New Chief Revenue Officer

PriceHubble, a Switzerland-based Proptech, has gained a new Chief Revenue Officer. PriceHubble has appointed Helene Ackermann to step into the role to head up global sales. PriceHubble, is an AI and data company that aims to create innovative digital solutions for the real estate industry… Read More

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