Investment Platforms and Marketplaces

December 7, 2022 @ 9:08 am By JD Alois  |  

ADDX has announced another digital security available for investors on its digital asset exchange. The most recent security is a venture debt offering by Innoven Capital – a JV between Seviora (a Temasek subsidiary) and UOB. The $50 million fund combines a fixed return as… Read More

December 7, 2022 @ 8:46 am By Omar Faridi  |  

As a licensed platform, Debitum must regularly “conduct internal and external audits.” The latest external audit was performed by Grant Thornton International in October 2022. The subject of this audit was “to inspect how well are managed investors funds and to examine platforms’ procedures and… Read More

December 6, 2022 @ 7:20 pm By Omar Faridi  |  

The New Year holidays are rapidly approaching. While you are making a gift shopping list, investment platform Robo.cash shares the key results from November. As noted in the update from Robocash, investors “bought loans in the record amount of 21M euro.” 696 P2P enthusiasts reportedly… Read More

December 6, 2022 @ 4:29 pm By JD Alois  |  

Issuance, a platform that specializes in aiding issuers raising capital under Reg A+, has announced its expansion into Canada. According to a company statement, Issuance is now an “endorsed service-provider partner” of the Canadian Securities Exchange (CSE). The arrangement allows Issuance to offer preferred rates… Read More

December 6, 2022 @ 11:26 am By JD Alois  |  

Recently global investment platform OurCrowd announced that it had topped $2 billion in capital commitments on its platform. OurCrowd is based in Israel but caters to a global market of both investors and private firms in need of growth capital. When the milestone was announced,… Read More

December 6, 2022 @ 9:13 am By Omar Faridi  |  

In November 2022, PeerBerry investors reportedly “funded €47,606,299 of loans and received €648,080 in interest.” 1183 new investors “joined the platform in November.” The average annual ROI (without loyalty interest) on PeerBerry in November “was 11.1%.” At the end of November, PeerBerry’s portfolio amounted “to… Read More

December 6, 2022 @ 9:09 am By JD Alois  |  

PropertyRise, a UK-based prime property investment platform, is reporting a record week of lending, having booked £50 million in loans. According to the company, multiple credit records were broken in October as interest in the property offerings rise. Another metric achieved during October is completing… Read More

December 5, 2022 @ 2:49 pm By JD Alois  |  

The failure of FTX and the allegations of fraud pointed at founder and former CEO Sam Bankman-Fried continue to garner much coverage in both traditional media as well as more modern digital news providers. The speed of the collapse, and the amount of funds involved… Read More

December 5, 2022 @ 9:24 am By JD Alois  |  

Shojin, a UK-based, FCA-regulated real estate investment platform, is out with a note indicating investors are seeking out alternative assets as a method to mitigate a floundering economy. Shojin states that a recent survey of UK investors shows risk mitigation is at the top of… Read More

December 4, 2022 @ 4:33 pm By JD Alois  |  

Sam Bankman-Fried, the former CEO of bankrupt crypto exchange FTX, has agreed to testify in front of the House Committee on Financial Services contingent upon what happens from now until December 13th – the day the hearing is scheduled. As was previously reported, the Chair… Read More

December 3, 2022 @ 4:29 pm By Omar Faridi  |  

The team at Binance is pleased to announce that Binance Custody has “completed our SOC 2 Type 1 and SOC 2 Type 2 attestations.” Their completion demonstrates their commitment “to information security and privacy protection by closing the year with an array of security examinations.”… Read More

December 2, 2022 @ 1:07 pm By JD Alois  |  

According to bankruptcy managers, FTX and most of its subsidiaries are resuming ordinary course payments of salary and benefits to employees worldwide as well as payments to certain non-US contractors and service providers. New FTX CEO John J. Ray III said: “With the Court’s approval… Read More

December 2, 2022 @ 8:30 am By JD Alois  |  

CrowdProperty, a property investment platform,  has appointed Richard Sinfield as Head of Compliance. The company said the new hire represents its commitment of the business to operating with the highest ethical standards and levels of transparency. Seinfield said CrowdProperty has an excellent reputation in the… Read More

December 1, 2022 @ 11:57 pm By JD Alois  |  

Atish Davda, CEO and founder of EquityZen, a secondary market for private securities, says now is the time for people to invest in private firms. While public markets have tanked since the beginning of the year, experiencing exceptional volatility in recent months, and private markets… Read More

December 1, 2022 @ 5:40 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) reports that the US District Court for the Southern District of New York has entered a consent order for a permanent injunction, restitution, and equitable relief against Jeremy Spence of Bristol, Rhode Island, who conducted business as Coin Signals…. Read More

December 1, 2022 @ 5:19 pm By JD Alois  |  

According to multiple reports, Coinsquare, a top Canadian crypto exchange, was the target of a hack where customer information was taken, but no passwords or funds were stolen. Coinsquare is Canada’s first IIROC-regulated crypto marketplace. On November 19th, Coinsquare said they witnessed “unusual activity” on… Read More

December 1, 2022 @ 4:35 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has taken to Twitter to criticize Apple (NASDAQ:APPL) because it has blocked its most recent App update as Coinbase moved to evade app store fees. Coinbase said that Apple does not understand how NFTs and blockchain work, and thus Apple is in the wrong…. Read More

December 1, 2022 @ 11:23 am By Omar Faridi  |  

Binance, which claims to be the world’s “leading” blockchain ecosystem and cryptocurrency infrastructure provider, announced it has “acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider.” Through this acquisition, Binance enters “the Japanese market, as a Japan Financial Services Agency (JFSA)… Read More

December 1, 2022 @ 10:08 am By Omar Faridi  |  

Gillian Lynch, Head of Ireland and EU at Gemini, notes that they are pleased to announce that Gemini has “registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services… Read More

December 1, 2022 @ 9:15 am By JD Alois  |  

Singapore-based Funding Societies has surpassed THB 1 Billion (USD $27.8 million) in online lending in Thailand, according to a note from the company. Funding Societies secured a license in Thailand in 2021. Funding Societies is a platform providing access to capital for SMEs in multiple… Read More