May 6, 2021 @ 10:06 am By JD Alois  |  

Republic, a top investment crowdfunding platform, has booked a record month according to an email from the company. Republic is a full-stack investment marketplace offering securities under the various US exemptions along with crypto offerings. Republic reports that during the month of April, the platform… Read More

May 6, 2021 @ 9:46 am By JD Alois  |  

Streami has received a strategic investment from the Digital Currency Group (DCG), according to a release. Streami is based in South Korea and operates GOPAX, a crypto exchange. DCG is said to be the second-largest investor in Streami and previously participated in the Series A… Read More

May 6, 2021 @ 9:35 am By JD Alois  |  

EstateGuru, a Lithuania-based debt crowdfunding platform, is returning to Seedrs to raise up to €1 million in equity capital. The offering went live in private mode on May 5th and quickly topped €500,000 in funding. EstateGuru previously raised just under one million euros in June… Read More

May 6, 2021 @ 8:59 am By JD Alois  |  

Railsbank, a Banking-as-a-Service (BaaS) platform, and Yimba have partnered on launching the ability to personalize the digital card art for cards stored in a consumer’s digital wallet. Yimba is a digital wallet tech provider. The two companies state that soon consumers will be able to… Read More

May 5, 2021 @ 10:44 pm By JD Alois  |  

Revere VC, a San Francisco and Hong Kong-based asset management firm, has closed on a $1.35 million seed round. Simultaneously, Revere said it had launched its flagship product called “the Portal”  – a curated VC platform and a fund – “the Prime Access Fund.” Revere… Read More

May 5, 2021 @ 10:31 pm By JD Alois  |  

The US Federal Reserve Board has proposed guidelines to evaluate requests for accounts and payment services at Federal Reserve Banks. In a public statement, the Fed said the introduction of new financial products, such as products introduced by Fintechs including novel types of banking charters,… Read More

May 5, 2021 @ 9:16 pm By JD Alois  |  

The Office of the Advocate for Small Business Capital Formation will host the Securities and Exchange Commission’s (SEC) 40th Annual Government-Business Forum on Small Business Capital Formation in a virtual event this year in light of the ongoing COVID health crisis. This is the 40th… Read More

May 5, 2021 @ 4:11 pm By JD Alois  |  

Ziglu, an app-based service facilitating crypto purchases and transfers, says the number of customers has doubled during the lockdown. Ziglu, founded by Starling Bank co-founder Mark Hipperson, aims to provide a digital bank-like experience for the fast-growing crypto-asset sector. In 2020, Ziglu emerged as the… Read More

May 5, 2021 @ 11:11 am By JD Alois  |  

Standard Custody & Trust Company, LLC, a custody and settlement platform for digital assets, has received charter status to operate under New York State Banking Law as a regulated qualified custodian. According to a release from the company, the New York State Department of Financial… Read More

May 5, 2021 @ 10:21 am By JD Alois  |  

The New York Giants has partnered with Grayscale allowing the crypto firm to become the Official Digital Currency Asset Management Partner of the NFL team. According to a release, as part of the partnership, Grayscale will be the Presenting Sponsor of The Giants Foundation Golf… Read More

May 5, 2021 @ 9:52 am By JD Alois  |  

Backbase, a digital banking service provider, has renewed its partnership with UK retail bank Metro Bank (LSE:MTRO). According to a release, Backbase will be providing dedicated digital innovation support for Metro Bank’s business banking customers. Metro Bank agreed to an extension five years after Backbase… Read More

May 4, 2021 @ 7:05 pm By JD Alois  |  

The Bank of Thailand has published a paper on central bank digital currency (CBDCs) entitle the Way Forward for Retail Central Bank Digital Currency in Thailand. Thailand has been a fairly innovation-friendly nation in regards to Fintech. Several years ago, Thailand participated in Project Inthanon,… Read More

May 4, 2021 @ 5:51 pm By JD Alois  |  

Last week the Securities and Exchange Commission’s (SECs) Small Business Capital Formation Advisory Committee held a meeting to discuss access to capital in underserved markets. The goal is to improve access to capital for underrepresented founders. The Office of the Advocate for Small Business Capital… Read More

May 4, 2021 @ 3:27 pm By JD Alois  |  

As was previously reported, leading Reg CF funding portal Wefunder is raising equity capital on Honeycomb – another FINRA regulated funding portal. Last March, Crowdfund Insider reported that Wefunder had filed a Form C with the Securities and Exchange Commission (SEC) indicating its intent to raise up… Read More

May 4, 2021 @ 11:58 am By JD Alois  |  

Periodically, Crowdfund Insider reviews the number of FINRA regulated funding portals operating in the Regulation Crowdfunding (Reg CF) funding sector. A funding portal is a new entity created by the JOBS Act of 2012 designed specifically to issue securities under Reg CF. The last time… Read More

May 4, 2021 @ 9:27 am By JD Alois  |  

B-North, the Manchester-based Fintech building an SME lending bank for the UK, has topped its £500,000 target on GrowthFunders. As it stands today, B-North has raised £560,598 backed by 48 online investors as well as 27 professional investors. The Series A “bridge stub round” is… Read More

May 4, 2021 @ 8:35 am By JD Alois  |  

METACO, a digital asset infrastructure provider serving financial institutions, has integrated with Tezos, a public blockchain. METACO provides an end-to-end solution for functionalities on Tezos and other major proof-of-stake and DeFi protocols, including; Aave, Uniswap, and Compound METACO provides digital asset services such as tokenization,… Read More

May 3, 2021 @ 10:27 pm By JD Alois  |  

FinTech Australia has announced the 2021 finalists for its annual “Finnies” award. According to an email, the group received 290 award entries across 20 categories. The category winners will be announced in person this year on June 9, 2021, at The Forum in Melbourne. FinTech… Read More

May 3, 2021 @ 9:37 pm By JD Alois  |  

Amber Group, a crypto trading platform, has added new features for its retail-facing Amber App. According to the company, the features are designed to help users achieve optimal investment returns through interest rate products, yield enhancement, and risk management tools. Amber was founded in 2017… Read More

May 3, 2021 @ 3:30 pm By JD Alois  |  

Qredo, a decentralized digital asset management platform, has raised $11 million in seed funding, according to a note from the company. Investors in the company include Amnis Ventures, Artus, Borderless Capital, Celsius, CMS Holdings, Connect.Capital, Deribit, G1, GSR, Gumi Cryptos, Kenetic, Kronos, Maven 11, 1kx,… Read More