March 23, 2021 @ 10:00 am By JD Alois  |  

Small business insurance platform Huckleberry is moving its main office away from San Francisco and opening a new HQ in New York City, according to a note from the company. The Insurtech says it wants to “take advantage of NYC’s growing Fintech scene. The transition… Read More

March 23, 2021 @ 9:11 am By JD Alois  |  

WiseAlpha, a digital bond investing platform, shares that its Bond Academy education platform has launched on the Open University. Regulated by the UK Financial Conduct Authority, WiseAlpha is an online investment platform that makes corporate bonds available to private investors at affordable sizes, via its… Read More

March 23, 2021 @ 9:00 am By JD Alois  |  

Robo.cash, a peer-to-peer lending marketplace, says the top asset classes for investing in 2021 are gold, crypto followed by peer to peer loans. Robo.cash says that researchers analyzed 10 popular assets and ranked them in 7 different criteria. All assets were given a score of… Read More

March 23, 2021 @ 8:45 am By JD Alois  |  

Property investment marketplace CrowdProperty has hired Rupert Lowe MRICS as Business Development Manager. Lowe joins alongside five other CrowdProperty appointments so far in 2021 and a total of 21 new appointments in the past 12 months since lockdown 1.0 began. CrowdProperty states that significant growth… Read More

March 23, 2021 @ 8:29 am By JD Alois  |  

Freetrade, a commission-free trading app that is regulated by the UK Financial Conduct Authority (FCA) has raised a $69 million Series B funding round led by Left Lane Capital. The valuation was not disclosed. Draper Esprit and L Catterton also participated in the round. Freetrade… Read More

March 22, 2021 @ 1:36 pm By JD Alois  |  

Like many people, I use several traditional banks but also have several digital-only accounts. A combination of necessity and inertia has led me to be a customer of incumbent banks for years. Like many people, I am looking at multiple options in the digital banking… Read More

March 22, 2021 @ 12:49 pm By JD Alois  |  

The Financial Action Task Force (FATF) has posted its 6th draft guidance as to how countries should deal with virtual assets (digital assets) and virtual asset service providers or VASPs. Several years ago, FATF announced an initiative to tackle possible money laundering or the financing… Read More

March 22, 2021 @ 11:00 am By JD Alois  |  

OurCrowd has partnered with Waterfund to build an investment portfolio of 15 water and Agtech companies. According to a release, Waterfund has committed $50 million of capital to the OurCrowd managed portfolio, with an initial investment completed in Plenty, Inc., a vertical farming firm. Simultaneously,… Read More

March 22, 2021 @ 10:33 am By JD Alois  |  

Digital bank Revolut has submitted its application to receive a national bank charter, according to a note from the company. Having launched in the US about one year ago, currently, Revolut offers banking services in partnership with Metropolitan Commercial Bank. Partnering with a chartered bank… Read More

March 22, 2021 @ 10:10 am By JD Alois  |  

Judith Hartley, CEO of British Patient Capital, believes the UK can do better in providing access to capital for younger tech firms. More specifically, as firms grow there is a need to facilitate funding sufficient to take a company to a point that it may… Read More

March 22, 2021 @ 9:45 am By JD Alois  |  

iSTOX, a tokenization platform regulated by the Monetary Authority of Singapore (MAS), says it has tokenized Astrea VI private equity bonds which were issued earlier this month by Astrea VI Pte. Ltd. iSTOX claims this is the first time digital tokens with exposure to bonds… Read More

March 22, 2021 @ 7:28 am By JD Alois  |  

Zopa, a digital bank, has raised £20 million from existing investors, according to a release from the company. The Fintech said this is an indication of confidence in the initial success of its bank launch and growth of its latest products. The round was led… Read More

March 22, 2021 @ 7:03 am By JD Alois  |  

OurCrowd portfolio company SaNOtize Research & Development Corp. has received interim approval to sell its COVID-19 treatment Nitric Oxide Nasal Spray (NONS). The spray is said to protect users from viruses that enter the body through the upper nasal pathways. The spray will be sold… Read More

March 21, 2021 @ 2:58 pm By JD Alois  |  

This past week, the House Committee on Financial Services held part two of three anticipated hearings on the GameStop/Reddit/Robinhood saga. As most people are aware, in recent months a short-squeeze caused shares in GameStop (NYSE:GME) to jump dramatically higher compelling short sellers to purchase shares… Read More

March 19, 2021 @ 7:51 pm By JD Alois  |  

The Commodities Future Trading Commission (CFTC) has issued an order requiring Coinbase to pay a $6.5 million penalty for “false, misleading, or inaccurate reporting and wash trading.” Coinbase has settled the civil penalty with the CFTC. The wash trading was said to be affiliated with… Read More

March 19, 2021 @ 3:49 pm By JD Alois  |  

English Premier League team Manchester City is working with Socios.com to launch the Manchester City $CITY Fan Token, according to a note from Chilliz – the parent company of Socios. The company says that Manchester City fans across the world will be able to use… Read More

March 19, 2021 @ 3:34 pm By JD Alois  |  

uBiome was once a promising biotech startup that generated over $350,000 from over 2,500 individuals in a rewards offering in 2013, The company went on to raise capital on AngelList. Soon, uBiome was accepted into Y Combinator. Almost immediately uBiome raised a Series A funding… Read More

March 19, 2021 @ 1:21 pm By JD Alois  |  

Crypto UK has sent a letter to the Chancellor of the Exchequer, Rishi Sunak, advocating on behalf of Fintech innovation – specifically crypto-assets. Crypto UK is a self-regulatory trade association for the UK cryptoasset industry, created to promote higher standards of conduct. Members include high-profile… Read More

March 18, 2021 @ 6:41 pm By JD Alois  |  

Arca Labs, part of Arca – a digital assets investment firm, has revealed an agreement with Signature Bank (NASDAQ:SBNY) that enables Signature Bank clients with access to the bank’s Signet digital payment platform, to initiate purchases of shares of the Arca US Treasury Fund (ArCoin)… Read More

March 18, 2021 @ 4:45 pm By JD Alois  |  

The US Federal Government is in the process of sending helicopter money around the country. Individuals may receive $1400. Families could receive more. The stimulus money (or stimy) phases out as incomes go higher. So what will Americans do with this windfall money? A recent… Read More