January 31, 2020 @ 10:20 am By JD Alois  |  

Become, formerly known as Lending Express, has surpassed $200 million in matching online lending to SMEs in need of growth capital. The news was revealed in a release earlier this week where the Israel-based Fintech said the milestone was indicative of the “company’s impressive growth”… Read More

January 31, 2020 @ 8:54 am By JD Alois  |  

MERJ Exchange, the official stock exchange of Seychelles and a marketplace seeking to leverage digital security offerings, has partnered with Liechtenstein-based CurioInvest to tokenize “supercars” enabling investors to participate in security tokens backed by collectible cars. According to MERJ, the listings could bring up to… Read More

January 31, 2020 @ 5:58 am By JD Alois  |  

Folk2Folk, a localized peer to peer lending platform, is reporting a “record year” regarding its Innovative Finance ISA (IFISA) offering during 2019. The company states that it accepted £10.5 million in IFISA investments, more than double that of the previous 18 months. Folk2Folk says that… Read More

January 29, 2020 @ 1:27 pm By JD Alois  |  

goPeer, a peer to peer lending platform, has received regulatory approval as an exempt market dealer in both Quebec and Ontario. In Canada, financial services are regulated at the provincial level and thus most aspiring Fintechs must receive approval to operate in each province.  goPeer… Read More

January 29, 2020 @ 10:20 am By JD Alois  |  

Goldman Sachs Group (NYSE: GS) presented the firm’s vision for the future today in an Investor Meeting that charted the roadmap for the bank over the next few years. Goldman said the investor day reflects their ongoing commitment to providing the market with a “clear… Read More

January 29, 2020 @ 9:21 am By JD Alois  |  

The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee has published its agenda for the forthcoming meeting taking place on February 4th. According to the SEC, the committee will explore funding gaps that impede growth opportunities for entrepreneurs and job creators. The… Read More

January 29, 2020 @ 4:28 am By JD Alois  |  

Switzerland has approved the first articles of incorporation hosted on blockchain, according to a note from advisory firm Andriotto Financial Services. Overfuture expects to have is class A shares hosted on blockchain as well as it moves forward with an initial public offering (IPO), or… Read More

January 29, 2020 @ 4:16 am By JD Alois  |  

BCB Group, a global digital financial services firm, has announced that its operating subsidiary, BCB Payments Limited, has received an Authorised Payment Institution (API) license from the UK Financial Conduct Authority (FCA). BCB says this is the first and only crypto-focused Authorised Payment Institution. BCB… Read More

January 29, 2020 @ 3:48 am By JD Alois  |  

The Paris Fintech Forum, an annual conference bringing together Fintech leaders from around the world, will not take place in 2021, according to an announcement by founder and CEO Laurent Nizri who opened day 2 of the event with the news. Nizri told attendees his… Read More

January 29, 2020 @ 3:16 am By JD Alois  |  

OurCrowd, the leading global investment crowdfunding platform, has announced a presentation by Dr. Ferid Murad, 1a 998 Nobel prize winner in medicine, to take place at its upcoming Global Investor Summit (Israel – February 13). Dr. Murad will address the topic of China’s Coronavirus and… Read More

January 29, 2020 @ 2:34 am By JD Alois  |  

Funding Circle (LSE:FCH), an online lender servicing SMEs in the UK, US, Germany and the Netherlands, has securitized $252 million in US business loans, according to a note from the platform. This is Funding Circle’s 7th securitization and the second to take place in the… Read More

January 28, 2020 @ 1:48 am By JD Alois  |  

Rnwl, an Insurtech created by serial entrepreneur Gonçalo de Vasconcelos who founded top UK crowdfunding platform SyndicateRoom, is having a dilemma. Committed to raising capital via the industry where he got his start, de Vasconcelos is it torn between using Seedrs or Crowdcube to raise… Read More

January 27, 2020 @ 3:55 am By JD Alois  |  

Linked Finance, a peer-to-peer lending platform based in Ireland, has launched five-year unsecured business loans for Irish SMEs, according to a company release. Linked Finance will now offer unsecured loans of up to €300,000 to Irish companies “with more complex funding requirements.” The company describes… Read More

January 27, 2020 @ 3:21 am By JD Alois  |  

Cardlay, a Danish Fintech company, provides a white-label frontend for banks and their corporate clients. Cardlay helps companies automate business processes, including applications, integrated and real-time travel expense management, and more. Last October, Cardlay raised $10 million in funding while announcing a partnership with Eurocard…. Read More

January 26, 2020 @ 10:17 am By JD Alois  |  

Last week, the Wall Street Blockchain Alliance (WSBA), in partnership with the global law firm of Linklaters, hosted a forum on dealing with investigations or inquiries from the Securities and Exchange Commission (SEC). Enforcement actions or investigations by the SEC in the world of securities… Read More

January 26, 2020 @ 4:01 am By JD Alois  |  

VC firm Andra Capital announced the forthcoming security token offering (STO) for the “Silicon Valley Coin” (SVC) issued on the Tezos blockchain. SVC will utilize TokenSoft to issue the digital security. According to a release, Andra Capital will be giving investors a choice to invest… Read More

January 25, 2020 @ 1:44 pm By JD Alois  |  

RealtyMogul, a real estate crowdfunding marketplace, has topped $500 million in property investments since platform launch, according to a release. RealtyMogul also states that it has returned over $136 million to investors since 2013. RealtyMogul notes that it raised its first $250 million in invested… Read More

January 25, 2020 @ 12:31 pm By JD Alois  |  

Last week, Crowdfund Insider covered a report on the UK and how European financial services firms were being compelled to open new offices in light of Brexit. While a good amount of digital ink has covered the number of firms shuttering offices or lowering headcount… Read More

January 24, 2020 @ 2:47 pm By JD Alois  |  

Real estate marketplace Fundrise recently published its annual letter where it reflects on platform overall performance and comments on the forthcoming year. Fundrise takes a fund approach with a series of targeted funds utilizing Reg A+. Effectively, these are unlisted funds that seek to drive… Read More

January 24, 2020 @ 1:25 pm By JD Alois  |  

Deutsche Bundesbank and Deutsche Börse have joined forces in publishing a study on the uses of distributed ledger technology (DLT) or blockchain. The bank and exchange believe that “DLT solutions can deliver substantial benefits” and “tokenized securities and baskets substantially improve collateral mobility.” The pro-blockchain… Read More