September 14, 2021 @ 7:56 am By JD Alois  |  

Invesdor, a European debt and equity investment platform, has listed its first tokenized securities offering dining business Beets & Roots. According to a note from the company, investors may now purchase token-based participation rights. Jens Siebert, COO and co-founder of Invesdor, explained that token-based participation… Read More

September 14, 2021 @ 1:37 am By JD Alois  |  

The British Business Bank has published a list of 158 companies in which it holds equity following the Future Fund COVID support program. The Future Fund was established to backstop UK early-stage ventures that did not qualify for other COVID relief programs. The Future Fund… Read More

September 13, 2021 @ 9:03 pm By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, has increased its crowdfunding bounty for issuers that raise capital on its site. Previously, StartEngine paid out $1000 for offering referrals but today the StartEngine Scout Program will pay you a whopping $5000 if… Read More

September 13, 2021 @ 6:19 pm By JD Alois  |  

Making certain a person or business is actually who or what they claim to be is very important. In a world that has migrated to virtual offices and digital meetings, the task of validation is an even greater necessity. AsiaVerify is a Regtech firm based… Read More

September 13, 2021 @ 3:37 pm By JD Alois  |  

Tomorrow (September 14, 2021), SEC Chairman Gary Gensler will testify in front of the Senate Banking Committee. The hearing is a periodic meeting for the Committee and is entitled “Oversight of the U.S. Securities and Exchange Commission”. In prepared testimony, Gensler focuses much attention on investor… Read More

September 13, 2021 @ 1:06 pm By JD Alois  |  

The Securities and Exchange Commission continues to file charges against firms that have issued digital assets that may be securities. Today, the SEC has charged New York City-based GTV Media Group Inc. and Saraca Media Group Inc., and Phoenix, Arizona-based Voice of Guo Media Inc,… Read More

September 13, 2021 @ 12:00 pm By JD Alois  |  

Carbon capture and reforestation firm Terraformation is raising capital on Republic. The Reg CF securities offering follows a $30 million Series A funding round in June led by large The round was led by Sam & Max Altman at Apollo Projects, and included several high-profile… Read More

September 13, 2021 @ 11:06 am By JD Alois  |  

Zumo has partnered with Modulr to facilitate open banking-enabled top-ups. Zumo is an Edinburgh-based crypto wallet. Modulr is a payments platform and authorized e-money institution. Modulr’s Payments as a Service API platform enables businesses to automate payment flows, embed payments into their platforms, and build… Read More

September 13, 2021 @ 9:41 am By JD Alois  |  

Update: Reports are now circulating that the Walmart/Litecoin partnership is fake news. A release was distributed via a prominent news service earlier this morning highlighting the partnership between the global retailer and top crypto. CI reported earlier today that Walmart would be partnering with Litecoin… Read More

September 13, 2021 @ 9:31 am By JD Alois  |  

Last month, Bank North received authorization with restrictions (AWR) from the Prudential Regulation Authority (PRA) to operate as a bank. The Manchester-based bank is developing an SME lending bank for the United Kingdom and expects to launch operations in October. Bank North said it will… Read More

September 13, 2021 @ 9:14 am By JD Alois  |  

Grayscale Investments, a firm with around $43 billion in digital assets under management, has formed a new partnership with iCapital Network to streamline access for investors interested in crypto. iCapital is an alternative investment platform that services around 6,700 network advisors that serve high-net-worth clients…. Read More

September 13, 2021 @ 1:27 am By JD Alois  |  

London-based pingNpay, a new blockchain-based payments platform, has moved out of stealth mode by announcing its plan to launch a global micropayment network at some point in 2022. pingNPay seeks to create a new category of high frequency, low-value payments, like less than $20,  as… Read More

September 10, 2021 @ 9:56 am By JD Alois  |  

Next week, Securities and Exchange Commission (SEC) Chairman Gary Gensler will testify before the US Senate Banking Committee. The routine hearing is about the “Oversight of the U.S. Securities Exchange Commission,” but you may anticipate a good amount of testimony on issues surround Fintech and,… Read More

September 10, 2021 @ 9:35 am By JD Alois  |  

EstateGuru has raised €5.8 million in a Series A round of venture capital funding following a successful equity crowdfunding round on Seedrs this past spring. The funding round was led by TMT Investments Plc and an unnamed public company that was said to be an… Read More

September 9, 2021 @ 9:20 pm By JD Alois  |  

Lisa Jacobs, Managing Director of Funding Circle UK  (LSE: FCH)  will succeed Samir Desai CBE as Chief Executive Officer beginning January 1st, 2022. The news was revealed today alongside Funding Circle’s financial results. Jacobs joined Funding Circle in September 2012 as Chief Strategy Officer. Prior… Read More

September 9, 2021 @ 8:28 pm By JD Alois  |  

MasterCard (NYSE: MA)  will acquire CipherTrace a top digital asset firm focused on tracking, data, and security, for an undisclosed amount. CipherTrace currently works with many top banks and other financial institutions to provide solutions for some of the largest banks, exchanges, and other financial… Read More

September 9, 2021 @ 4:27 pm By JD Alois  |  

Buy now, pay later, platform Affirm (NASDAQ:AFRM) has topped its fourth-quarter earnings. Shares marched higher in after hours trading. During Q4, top-line revenue came in at $261.8 million, a 71% increase versus same quarter year prior. Total revenue for the fiscal year was $870.5 million,… Read More

September 9, 2021 @ 1:16 pm By JD Alois  |  

Varo Bank, one of the first, nationally chartered digital banks in the US, has raised a $510 million Series E funding round. The capital was raised at a valuation of $2.5 million, according to reports. Once again, FT Partners was the exclusive advisor for the… Read More

September 9, 2021 @ 9:26 am By JD Alois  |  

LendingClub (NYSE:LC), a digital bank and online lender, has improved its trading system for personal loans. According to a statement from the company it has extended the capabilities of its electronic trading platform named LCX to include LCX Link. This is designed to open access… Read More

September 9, 2021 @ 9:15 am By JD Alois  |  

Online capital formation is one of the earliest sectors of Fintech. Platforms exist around the world to match investors with debt, equity and other securities to raise capital to finance a  firm, back a real estate project, or simply to provide capital to those in… Read More