November 26, 2019 @ 8:05 am By JD Alois  |  

Challenger bank Tandem has partnered with TrueLayer in a move to better connect Tandem’s 800,000+ customers to synchronize their accounts to both High Street and other challenger banks. Truelayer is described as Europe’s leading provider of financial APIs. The integration supports all major European banks… Read More

November 26, 2019 @ 7:57 am By JD Alois  |  

OurCrowd portfolio company Alpha Tau Medical is an Israeli medical device company that focuses on research, development and commercialization of the Alpha DaRT for the treatment of solid tumors. The technology was initially developed by Prof. Itzhak Kelson and Prof. Yona Keisari from Tel Aviv… Read More

November 26, 2019 @ 2:00 am By JD Alois  |  

Osome, a Singapore-based service for entrepreneurs, has raised $3 million in funding led by Target Global, with participation from Phystech Venture and AdFirst, according to a company release. Last year, Osomo raised a $2 million – once again led by Target Global. Osome claims to… Read More

November 25, 2019 @ 10:34 pm By JD Alois  |  

NextSeed launched its first preferred equity deal this week with Blue Top Brand, a company seeking $3 million on the investment platform. The preferred equity is being issued at a pre-money valuation of $9,985,000 in a side-by-side Reg CF/Reg D offering. NextSeed was previously only… Read More

November 25, 2019 @ 10:06 pm By JD Alois  |  

VNX Exchange, a Luxembourg based Fintech, has officially launched. The token issuance and trading platform kicked things off with the issuance of its first asset-backed digital asset during the Global Venture Summit in Luxembourg. The launch ceremony was followed by a panel discussion on “Digital… Read More

November 25, 2019 @ 1:35 pm By JD Alois  |  

India’s largest mobile payments company Paytm has confirmed a $1 billion funding round at a valuation of $16 billion. Last month, Crowdfund Insider cited a report that indicated Paytm was planning a $2 billion funding round with a valuation of $15 billion. According to a… Read More

November 25, 2019 @ 11:16 am By JD Alois  |  

Crypto centric digital news site The Block is making some news about itself. Last week, the Block reported on an alleged shutdown of a Binance office located in Shanghai. As most crypto followers know, cryptocurrency trading is illegal in China – even while the Chinese… Read More

November 25, 2019 @ 9:50 am By JD Alois  |  

Bitfinex, a beleaguered crypto exchange, was hit by a class-action lawsuit last week filed in the U.S. District Court for the Western District of Washington. Bitfinex is also the target of an investigation that was launched by the New York Office of the Attorney General…. Read More

November 25, 2019 @ 8:58 am By JD Alois  |  

Decentralized Securities Depository, LLC, dba Openfinance, has raised $8.6 million from 19 different investors, according to a filing with the Securities and Exchange Commission (SEC). Decentralized Securities Depository/Openfinance is a secondary trading market for digital securities. Simply naming the company decentralized indicates the utilization of… Read More

November 25, 2019 @ 7:59 am By JD Alois  |  

As predicted last week, online broker Charles Schwab (NYSE:SCHW) has announced the purchase of TD Ameritrade (NASDAQ:AMTD) in a deal worth $26 billion. According to Schwab, the all-stock transaction represents a 17% premium of TD Ameritrade’s average share price as of November 20, 2019. Shares… Read More

November 24, 2019 @ 9:40 pm By JD Alois  |  

Renwick Haddow, a UK citizen who allegedly perpetrated multiple frauds, has received additional sanctions from the Securities and Exchange Commission (SEC). Haddow apparently also adopted the alias “Jonathan Black.” Haddow was previously disqualified as a director of any United Kingdom company for eight years, and… Read More

November 23, 2019 @ 10:00 am By JD Alois  |  

Legaltech platform Bootstrap legal has merged with Sosnow & Associates, the law firm launched by Robin Sosnow. Bootstrap Legal is a Legaltech platform that streamlines the process of drafting legal documents for real estate offerings. Bootstrap Legal is the creation of its affiliate, the Law… Read More

November 23, 2019 @ 9:00 am By JD Alois  |  

While not exactly a stocking stuffer, GiveBitcoin, launched this week, wants to provide an easy way for people to gift Bitcoin this holiday season. Part of the goal, according to the company, is to turn recipients into “real Bitcoiners” by the time their gift unlocks…. Read More

November 23, 2019 @ 8:35 am By JD Alois  |  

The House Financial Services Committee, Task Force on Artificial Intelligence, has scheduled a hearing for December 6th. The hearing is entitled,  “Robots on Wall Street: The Impact of AI on Capital Markets and Jobs in the Financial Services Industry.” The AI Task Force is relatively… Read More

November 23, 2019 @ 4:13 am By JD Alois  |  

Earlier this week, Crowdfund Insider covered the new partnership announced by the London Stock Exchange (LSE) and PrimaryBid. The LSE is, of course, one of the largest traditional stock exchanges in the world with a history that dates back to 1571. Just this past week,… Read More

November 22, 2019 @ 4:32 pm By JD Alois  |  

Yesterday, the House Financial Services Committee Fintech Taskforce met to discuss big data and its impact on consumers regarding the financial services industry. The hearing by the Fintech Taskforce was entitled “Banking on Your Data: The Role of Big Data in Financial Services.” Much of… Read More

November 22, 2019 @ 1:31 pm By JD Alois  |  

Recently, Blockshow Asia took place in Singapore. While Crowdfund Insider was not able to attend this year’s event, organizers have forward some of the top takeaway items for this year and the following year. Below is a selection of commentary generated by speakers at the… Read More

November 22, 2019 @ 11:40 am By JD Alois  |  

Reg CF or “Regulation Crowdfunding” as it was officially named, was created in 2012 under the JOBS Act but became actionable in May of 2016 as the Securities and Exchange Commission took a bit of extra time in completed their side of the task.  Since… Read More

November 22, 2019 @ 10:20 am By JD Alois  |  

The EU Artificial Intelligence and Blockchain Investment Fund is planning to invest €100 Million in European startups next year. This is according to note from the European Commission. The new EU investment fund seeks to boost innovation in these two key technologies. The Fund was… Read More

November 22, 2019 @ 10:11 am By JD Alois  |  

Yesterday, Canaan Inc. (Nasdaq: CAN) a Chines crypto mining company,  completed an initial public offering (IPO) of 10,000,000 American Depositary Shares (ADSs), each representing 15 Class A ordinary shares. Shares were issued at US $9.0 per share for a total offering of US $90 million. … Read More