April 3, 2024 @ 5:00 pm By JD Alois  |  

While everyone understands that securities will inevitably become digital, policymakers have been slow to provide an ecosystem to support the nuances intrinsic to the transition from analog. Eventually, digital securities will become the dominant sector of digital assets, and clear-cut rules are needed. Today, the… Read More

April 3, 2024 @ 10:52 am By JD Alois  |  

The American Fintech Council (AFC) has added ZayZoon as a member. ZayZoon was founded in 2014 and it is a Fintech that provides Earned Wage Access (EWA) for small and mid-sized businesses. Phil Goldfeder, Chief Executive Officer of the AFC, said that ZayZoon is a… Read More

April 3, 2024 @ 10:30 am By JD Alois  |  

GenoCrowd, an online real estate investment platform, is reporting that it distributed €1.38 million to investors at the beginning of April. GenoCrowd described the distribution as a “milestone.” The total amount consists of complete repayments from three projects and interest payments from two projects. The… Read More

April 3, 2024 @ 9:36 am By JD Alois  |  

Mangopay, a Paris-based global payments firm, has hired a new Head of Sales for Fraud in an effort to boost its anti-fraud kit. Bertrand Dezard will now look to grow the company’s international fraud business worldwide, with a focus on Europe and Latin America, as… Read More

April 3, 2024 @ 9:23 am By JD Alois  |  

Following the full regulatory approval from the UAE Securities and Commodities Authority to deal in securities in the UAE, Capital.com has opened an office in Dubai and plans to expand its services across the MENA and Asia regions. Launched in 2016, Capital.com aims to enable… Read More

April 2, 2024 @ 4:31 pm By JD Alois  |  

Republic, an online investment platform, has announced its acquisition of GoldenChain, the digital asset subsidiary of GoldenTree Asset Management. The terms of the deal were not immediately available. GoldenTree, which manages over $53 billion in institutional funds,  is a global asset management firm that specializes… Read More

April 2, 2024 @ 4:13 pm By JD Alois  |  

Payments and transfers provider Paxful says they will now support Ethereum in more than 150 different countries. Paxful was founded in 2015 and reports more than12 million users globally. Paxful offers traders access foreign and digital currencies using more than 450 on-ramps. Roshan Dharia, Paxful… Read More

April 2, 2024 @ 1:27 pm By JD Alois  |  

Hailo, an edge artificial intelligence (AI) focused chipmaker, has raised $120 million in Series C funding. The funding was led by current and new investors, including the Zisapel family, Gil Agmon, Delek Motors, Alfred Akirov, DCLBA, Vasuki, OurCrowd, Talcar, Comasco, Automotive Equipment (AEV), and Poalim… Read More

April 2, 2024 @ 1:02 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published the final judgment regarding GA Investors, which is said to have operated dozens of fraudulent websites, including GA-Investors.org. The final judgment was entered by default and includes a demand for GA Investors to pay more than $1.1… Read More

April 2, 2024 @ 11:42 am By JD Alois  |  

Reg CF or Regulation Crowdfunding is a securities exemption that allows a company to raise up to $5 million from both Accredited and Non-Accredited investors. To pursue a Reg CF offering, a company must file documents with the Securities and Exchange Commission (SEC). The documents… Read More

April 2, 2024 @ 8:59 am By JD Alois  |  

Recently, global investment crowdfunding provider Republic partnered with Stake – a real estate investment platform based in Dubai. This was the first time Republic had announced a collaboration with a Middle East Fintech. Stake  reports over 475,000 registered users from 165+ countries. Apparently, Republic sees… Read More

April 2, 2024 @ 8:50 am By JD Alois  |  

Boxabl will be returning to the crowdfunding market to raise more money. The company has pursued multiple online funding rounds as it seeks to execute its mission of mass-producing affordable prefab housing. According to a recent Form 1-A filed with the Securities and Exchange Commission,… Read More

April 2, 2024 @ 8:20 am By JD Alois  |  

After a series of increases in the past few months, Apple Savings (NASDAQ:AAPL) will lower the interest rate paid to account users. The news was first revealed by MacRumors and a reader who tipped off the publication. Reportedly, Apple will be dropping is APY from… Read More

April 2, 2024 @ 7:49 am By JD Alois  |  

iCapital has acquired the investment data firm Mirador. iCapital is an alternative investment marketplace offering a complete suite of tools, reporting more than $180 billion in global platform assets. Mirador services include advisors serving high-net-worth investors, family offices, endowments, and foundations. The company also provides… Read More

April 2, 2024 @ 7:35 am By JD Alois  |  

Three big banks – Lloyds Banking Group, Nationwide, and Natwest, along with Rightmove, have invested in the Proptech firm Coadjute. Lloyds Banking Group led the funding round, investing £3 million of the £10 million total raise. This round brings the company’s total raised to £23… Read More

April 2, 2024 @ 7:21 am By JD Alois  |  

CapitalRise, an online investment platform for prime real estate, has added to its lending and origination teams with the addition of Business Development Director Imogen Willams and the promotion of Ed Groves to Associate. CapitalRise, which recently benefited from institutional funding commitments, said the new hire… Read More

April 1, 2024 @ 7:16 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted that it has obtained a final judgment against defendants Ryan Felton, FLiK, and CoinSpark. The SEC had previously charged the defendants in 2020 for two initial coin offerings (ICOs) that were deemed to be fraudulent. Felton, FLiK,… Read More

April 1, 2024 @ 7:06 pm By JD Alois  |  

Tether, the largest issuer of stablecoins, has posted on its blog that it has passed a SOC 2 Type 1 audit. Tether CEO Paolo Ardoino said the compliance measure “assures our customers that their assets and data are managed in an environment meeting the highest… Read More

April 1, 2024 @ 6:45 pm By JD Alois  |  

  Arrived, an online investment platform enabling access to rental and vacation homes, is raising money on Wefunder. According to the offering page, Arrived raised over $37 million in a side-by-side offering. Smaller investors may participate in a Reg CF offering, and Accredited Investors may… Read More

March 29, 2024 @ 3:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is looking for new members to add to its Investor Advisory Committee (IAC). Currently, they have five openinings on the Committee that aims to provide guidance to the Commission on items that impact individual investors. The Dodd-Frank Wall Street… Read More