August 27, 2021 @ 9:00 am By JD Alois  |  

NowRX, has returned to SeedInvest for its Series C funding round. According to the offering page, NowRX is raising capital at a pre-money valuation of $275 million. The size of the round is indicative of the ability for more mature firms to raise capital online…. Read More

August 26, 2021 @ 7:22 pm By JD Alois  |  

Bendigo and Adelaide Bank have agreed to pay $116 million to acquire Ferocia Pty Ltd in a move designed to accelerate the digital transformation of its banking operations. The acquisition of Ferocia will include Up a highly rated banking app. Bendigo and Adelaide Bank expect… Read More

August 26, 2021 @ 11:40 am By JD Alois  |  

Republic, a full-stack investment crowdfunding platform, has distributed a note of an exit for a firm that only recently raised capital on the platform. According to Republic, this past April, Trusst closed a funding round backed by 347 individual investors. Just two months later, Trusst… Read More

August 26, 2021 @ 11:09 am By JD Alois  |  

Senator Patrick Toomey, a member of the Senate Banking Committee, has issued a call for feedback regarding legislation that impacts cryptocurrency and blockchain technology. Toomey has been supportive of financial innovation and more recently had attempted to mitigate the impact of the Infrastructure legislation that… Read More

August 26, 2021 @ 10:00 am By JD Alois  |  

Earlier today, the UK Financial Conduct Authority posted the “First Supervisory Notice” related to a statement by the FCA in June that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. Binance… Read More

August 26, 2021 @ 7:41 am By JD Alois  |  

OurCrowd, a global investment crowdfunding platform serving accredited investors and institutions, has posted its Q2 High-Tech Jobs Index. According to the Index,  startup job vacancies are skyrocketing as the work from home (WFH) environment, is here to stay. OurCrowd states that its portfolio companies indicate… Read More

August 25, 2021 @ 10:22 pm By JD Alois  |  

Airwallex, an Australian payments Fintech, has launched in North America. In a company release, Airwallex said that US businesses may now gain access to the suite of financial infrastructure, payments, treasury, and expenses services without the constraints of the traditional financial system. Airwallex’s market entry… Read More

August 25, 2021 @ 3:58 pm By JD Alois  |  

Barbara Roper, currently the Director of Investor Protection for the Consumer Federation of America (CFA), has joined the Securities and Exchange Commission as Senior Advisor to the Chair. In a public statement, the SEC said that Roper’s focus will be on issues relating to retail investor… Read More

August 25, 2021 @ 11:23 am By JD Alois  |  

Small Robot Company (SRC) has raised £4 million in a securities offering on Crowdcube. The company has now secured  £11 million in funding to date. According to previous reports, SRC was raising capital at a pre-money valuation of £15,000,000  or an 18.63% equity stake at… Read More

August 25, 2021 @ 10:07 am By JD Alois  |  

eToro Group Ltd, a modern investment platform that combines both traditional, including fractional shares, as well as digital assets in a social environment, has posted interim Q2 2021 financial results in advance of its forthcoming float on the Nasdaq in a SPAC deal. Yoni Assia,… Read More

August 25, 2021 @ 9:23 am By JD Alois  |  

wLITI token, a “wrapped” version of the LITI equity token, has been listed on the Bitcoin.com trading platform. Liti Capital is a Switzerland-based blockchain private equity fund that raises capital for legal cases for litigation financing. Holders of the token may benefit from returns generated… Read More

August 25, 2021 @ 8:47 am By JD Alois  |  

Previously doing business as B-North, Bank North has been granted a banking license (Authorised with Restrictions or ‘AWR’) by the UK’s Prudential Regulation Authority (PRA). Bank North reports that it has also closed a successful Series A funding round, raising money from LHV Group, LHV… Read More

August 25, 2021 @ 8:33 am By JD Alois  |  

White Oak, an alternative business lender, has moved its headquarters to Chester city centre to accommodate its continued growth both in the region and across the UK. The company says the new space will provide the room for its expanding operation with plans to add… Read More

August 24, 2021 @ 11:09 pm By JD Alois  |  

Online investment platform EstateGuru is reporting another solid month as July generated 70 financed projects for a total of €14.3 million.   In a blog post,  EstateGuru said that like in recent months, Germany and Estonia provided the most investor activity. During the month of July,… Read More

August 24, 2021 @ 10:40 pm By JD Alois  |  

Syfe, a Wealthtech licensed by the Monetary Authority of Singapore (MAS), has made four new senior hires, according to a note from the company. Founded in 2017 and publicly launching in July 2019, Syfe is licensed by the MAS under a Capital Markets Services (CMS)… Read More

August 24, 2021 @ 10:18 pm By JD Alois  |  

Binance Singapore has hired Richard Teng as CEO. Teng was previously CEO of the Abu Dhabi Global Market (ADGM) and has been active in the Fintech sector for years. Teng was formerly an executive at the Monetary Authority of Singapore (MAS) and  a former Chief… Read More

August 24, 2021 @ 11:00 am By JD Alois  |  

In the past, investing in real estate has been relegated to the very wealthy or very determined. Sure, there have been REITs for ages, but these securities lean towards the opaque. Innovation in financial services has democratized access to a host of non-traditional asset classes… Read More

August 24, 2021 @ 9:15 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has created an infographic outlining how the agency regulates digital assets. The CFTC seeks to clarify “the fallacy of the question ‘Is it a commodity or a security’.” Posted by CFTC Commissioner Dawn D. Stump, the Commissioner says the… Read More

August 24, 2021 @ 8:48 am By JD Alois  |  

Conister Finance & Leasing has been approved as a British Business Bank accredited lender for the UK Government’s Recovery Loan Scheme (RLS). Conister is part of Manx Financial Group (AIM:MFX). The company says the announcement comes at a time when the Government-backed Bounce Back Loan… Read More

August 24, 2021 @ 3:00 am By JD Alois  |  

Visa (NYSE:V) has partnered with Ascenda, a loyalty solution for banks seeking a deeper customer relationship, to utilize the company’s Nexus platform across the Asia Pacific region. Ascenda says that the increase in e-commerce has generated new opportunities to engage users before, during and after… Read More