March 5, 2021 @ 4:00 pm By JD Alois  |  

Robinhood, a digital trading platform that has emerged as a popular venue for younger investors, is expected to pursue an initial public offering (IPO) listing shares on the NASDAQ, according to CNBC. It was reported last month that Robinhood may become a public company as… Read More

March 5, 2021 @ 3:14 pm By JD Alois  |  

Cipher Mining Technologies, a U.S.-based Bitcoin mining firm, will become a publicly-traded company via a special acquisition company (SPAC). Good Works (Nasdaq:GWAC) has agreed to a merger and following the combination the new entity will be called Cipher Mining trading under the symbol CIFR. Cipher… Read More

March 5, 2021 @ 12:44 pm By JD Alois  |  

John David McAfee, a well-known crypto proponent and founder of the McAfee antivirus firm, has been indicted in Federal court for fraud and money laundering. According to the United States Attorney’s Office for the Southern District of New York, McAfee and Jimmy Gale Watson, Jr,… Read More

March 5, 2021 @ 12:23 pm By JD Alois  |  

Roger Nils-Jonas Karlsson, 47, has pleaded guilty to securities fraud and money laundering pertaining to a scam that defrauded more than 3,500 victims of more than $16 million, according to the US Department of Justice. Karlsson apparently directed his victims to make investments using virtual… Read More

March 5, 2021 @ 11:58 am By JD Alois  |  

Supervest, a securities crowdfunding platform that allows accredited investors to invest in Merchant Cash Advance (MCA) products, is raising growth capital on SeedInvest. According to the offering page, the crowdfunding platform is seeking $950,000 at a $15 million valuation. The seed round is a side-by-side… Read More

March 5, 2021 @ 11:33 am By JD Alois  |  

Piemonte Holding has launched a bond trading platform using blockchain technology. The new marketplace is said to be the first of its kind in Latin America. The platform is designed to enable Piemonte’s investors to trade R$150 million in debentures all using the Ethereum blockchain…. Read More

March 5, 2021 @ 10:42 am By JD Alois  |  

Mansa, a micro-lender based in France that targets the self-employed or gig-economy workers, has raised €6 million in equity in a Series A Funding The round brings its 12-month funding total to €20 million.  €12 million of the funding is reported to be for lending…. Read More

March 5, 2021 @ 9:30 am By JD Alois  |  

Plaid, a top open banking Fintech, has revealed a new service labeled “Income.” The service enables immediate income verification for firms using the application thus reducing the time to completion in situations that require the ability to confirm how much income an individual makes. Examples… Read More

March 4, 2021 @ 9:31 pm By JD Alois  |  

Berlin-based Monite has raised €1.1 million in pre-seed funding in advance of the launch of a finance management platform. Investors in the round include Tomahawk VC, signals Venture Capital, InVentures, and Runa Capital. Ex-Deutsche Bank board Ralph Müller, Postbank Board Member Lars Stoy, ex-Global Head… Read More

March 4, 2021 @ 9:19 pm By JD Alois  |  

Hedera Hashgraph, an enterprise-focused blockchain ecosystem, has announced that Électricité de France S.A. (EDF) has joined the Hedera Governing Council. EDF is a top global utility company with customers around the world. EDF is the 19th Council member, joining a growing network global enterprises and… Read More

March 4, 2021 @ 7:50 pm By JD Alois  |  

CrowdfundNC has rebranded as Incolo. The company said it wants to clarify and represent their services of providing investability readiness for entrepreneurs through Boon Launch and an online community of entrepreneurs in The FĒNX. CrowdfundNC originally launched as an investment platform. Anya Johnson, Incolo’s Marketing… Read More

March 4, 2021 @ 4:34 pm By JD Alois  |  

SEC Commissioner Hester Peirce nudged the crypto crowd a bit this week pointing out that feedback on the SEC’s request for comments on digital asset custody is paltry at best. Commissioner Peirce has long been noted for her support of innovation in financial services and… Read More

March 4, 2021 @ 3:35 pm By JD Alois  |  

Alchemy, a back-end Fintech that provides SaaS banking services, has expanded into Latin America in a new partnership with the launch of decisioning services with Mexico-based Buy Now Pay Later (BNPL) lender, Círculo de Crédito, according to a note from the company. Alchemy says that… Read More

March 4, 2021 @ 11:11 am By JD Alois  |  

Ripple is preparing to file a motion to dismiss in its ongoing legal battle with the Securities and Exchange Commission (SEC). Last December, it was reported that the SEC had filed a complaint charging Ripple with the sale of an unregistered security. Included in the… Read More

March 4, 2021 @ 9:13 am By JD Alois  |  

Square (NYSE:SQ), a top publicly traded Fintech, has acquired a majority stake in the music streaming service TIDAL. Square founder and CEO Jack Dorsey revealed the investment via Twitter, another company where he is CEO and founder.   Square is acquiring a majority ownership stake… Read More

March 4, 2021 @ 8:29 am By JD Alois  |  

Digital bank Revolut is expanding its banking services in 10 new European markets. According to a release, customers in the following countries may now utilize the Revolut banking app: Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia. Revolut, which currently claims over… Read More

March 3, 2021 @ 11:26 pm By JD Alois  |  

The British Business Bank has distributed a response following the Budget presentation by the Chancellor of the Exchequer Rishi Sunik. The Bank has been a key factor in supporting UK businesses as it has managed a series of programs designed to backstop the economy. Within… Read More

March 3, 2021 @ 10:30 pm By JD Alois  |  

R3 will expand its presence in Thailand, including new hires, after the renewal of its partnership with Bangkok Bank, according to a statement by the firm. Amit Ghosh, Head of APAC, R3, stated: “Thai enterprises are at the forefront of innovation, digital transformation and blockchain… Read More

March 3, 2021 @ 4:43 pm By JD Alois  |  

Exodus Movement has filed a Form 1-A to raise up to $75 million in a Reg A+ offering that hopes to sell shares that can be paid for in Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). Exodus is the creator of the Exodus Wallet,… Read More

March 3, 2021 @ 3:50 pm By JD Alois  |  

tZERO has partnered with Earn.re a digital asset issuance platform for real estate securities. According to a release, tZERO ATS and Earn.re will work together on commercial real estate tokenization. Earn’s network of U.S.-based commercial property issuers will now be able to elect to provide… Read More