November 12, 2024 @ 9:44 am By JD Alois  |  

Crypto exchange Bitget has re-entered the UK marketplace. According to a statement distributed by the firm, Bitget is now in compliance with Financial Promotion requirements. Bitget issued the following statement back in May of 2024: “As you may be aware, recent regulatory changes by the… Read More

November 11, 2024 @ 9:44 am By JD Alois  |  

Republic Europe, formerly doing business as Seedrs announced it was bringing new Venture Capital Trusts (VCTs) to its platform managed by Beringea. This is the second type fund on the platform. Beringea currently manages over $900 million on behalf of a range of institutional and retail… Read More

November 11, 2024 @ 7:33 am By JD Alois  |  

The dust is still settling following former President Donald Trump’s sweeping win over Vice President Kamala Harris last week. The President-elect is slowly revealing who his is selecting for leadership roles which will help guide his policy in his forthcoming administration. While the Biden Administration… Read More

November 8, 2024 @ 9:37 am By JD Alois  |  

Petr Kozyakov, co-founder and CEO of Mercuryo, a payment infrastructure firm in the digital sector, believes the victory of former President Donald Trump is helping to drive crypto markets higher while predicting the forthcoming innovations will compel digital asset holders to spend their funds rather… Read More

November 8, 2024 @ 9:31 am By JD Alois  |  

The British Business Bank has appointed Leandros Kalisperas as its first Chief Investment Officer, according to a statement issued by the Bank. Ian Connatty, who has been appointed Managing Partner of BBB Patient Capital Advisory Services, is currently the Deputy Chief Investment Officer of the… Read More

November 8, 2024 @ 9:03 am By JD Alois  |  

Some positive news regarding risk capital. S&P Global Market Intelligence says Venture Capital (VC) and Private Equity (PE) deal value increased globally during the month of October. While four weeks does not make a quarter this could be good news for the innovation sector which… Read More

November 7, 2024 @ 6:42 pm By JD Alois  |  

LendAPI, part of Techstars 2024 cohort, has raised $3.2 million in seed funding. Cohen Circle led the funding round, which included the participation of Great North Ventures, AlleyCorp, Techstars, Plug and Play, and Interlock Capital. According to a release, LendAPI’s tech stack aims to provide… Read More

November 7, 2024 @ 6:06 pm By JD Alois  |  

Embedded lending platform Groov has raised £1.5 million in seed funding, according to a note from the firm. The Fintech says the money will drive the next generation of embedded lending, offering more options, better terms, and higher approval rates via a simple API. Fuel… Read More

November 7, 2024 @ 2:33 pm By JD Alois  |  

The US Federal Reserve has cut rates once again following a 50 basis point cut in September. Today, the Fed reduced benchmark rates by 25 bps. In the FOMC [Federal Open Market Committee] statement, it was noted that inflation has “made progress” towards its 2%… Read More

November 7, 2024 @ 11:30 am By JD Alois  |  

  Former President Donald Trump has delivered a crushing blow to Vice President Kamala Harris and the broader Democrat party. For the moment, there is a lot of introspection and finger-pointing as to how Trump could have won both the Electoral College and the popular… Read More

November 7, 2024 @ 9:36 am By JD Alois  |  

R3 and its Corda platform have been selected to provide services for the European DLT [distributed ledger technology] pilot regime. Corda is the first DLT to be approved by ESMA [the European Securities and Markets Authority] The DLT Pilot Regime opened up applications in the… Read More

November 7, 2024 @ 9:20 am By JD Alois  |  

The Bank of England has cut benchmark rates by 0.25 basis points (bps) to 4.75%. The move was largely expected by markets. The Bank shared that its Monetary Policy Committee (MPC) voted 8–1 to reduce the rates, with one member voting to hold the rate… Read More

November 6, 2024 @ 4:35 pm By JD Alois  |  

Wall Street is booming today following a decisive victory by former President Donald Trump as he trounced Vice President Kamala Harris in the Presidential election. Trump won both the Electoral College as well as the popular vote. At the same time, the Republicans captured the… Read More

November 6, 2024 @ 1:22 pm By JD Alois  |  

The British Business Bank has published a report on venture capital activity in the UK. The research states that the performance of UK VC funds declined slightly during the 2023/24 period, matching the US and the rest of Europe. While conditions are said to be… Read More

November 6, 2024 @ 8:49 am By JD Alois  |  

The Small Business & Entrepreneurship Council (SBE Council) has issued a statement following the election of Donald Trump as the nation’s 47th President. SBE Council is a non-partisan advocacy group that seeks to promote policies that support smaller firms and entrepreneurs. The group frequently comments… Read More

November 6, 2024 @ 8:29 am By JD Alois  |  

In the past 24 hours, Bitcoin (BTC) has increased in value by over 7%, now at around $74,000, following the victory of former President Donald Trump, who won both the electoral vote and the popular vote, earning a mandate for change. Unlike his opponent, Vice President Kamala Harris,… Read More

November 5, 2024 @ 2:10 pm By JD Alois  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank says that its Commercial Banking Group (CBG) has closed more than $1 billion in financing over the past 12 months. Cross River reports that funding has been spread across 65 loans nationwide, the deals ranged… Read More

November 5, 2024 @ 11:00 am By JD Alois  |  

Paul Grewal, Chief Legal Officer at Coinbase (NASDAQ:COIN), has taken to X to air his grievance with the ongoing US Federal Government attempting to impede the development of digital asset firms. Commenting on their FOIA [Freedom of Information Act] request, Grewal says that the FDIC… Read More

November 5, 2024 @ 7:46 am By JD Alois  |  

In the past week, Bitcoin (BTC) has swung between ~$73,000 and $64,000 displaying significant volatility in the run up to today’s Presidential election. Conventional wisdom is that crypto markets will boom if former President Donald Trump is elected. Things are so clear if Vice President… Read More

November 5, 2024 @ 7:34 am By JD Alois  |  

The Capital Gains Tax (CGT) is moving higher in the UK, and firms and individuals are adjusting their behaviour. One way to mitigate CGT is to invest in companies that qualify under the EIS/SEIS/VCT programs, as there are potentially no capital gains taxes paid at… Read More