Investment Platforms and Marketplaces

August 8, 2022 @ 10:22 am By JD Alois  |  

Hodlnaut, a Singapore-based crypto platform, has halted all withdrawals, token swaps, and deposits – effective immediately. Holdlnaut is a crypto lending and borrowing platform that was founded in 2019 by Bitcoin maximalists Juntao Zhu and Simon Lee. Hodlnaut supported seven different digital assets: BTC, WBTC,… Read More

August 8, 2022 @ 8:52 am By Omar Faridi  |  

Mintos Insight, a monthly publication that covers what’s been happening on the Mintos platform, including wider market activity, educational topics, and other updates, has been released. As mentioned in the report, the Fintech sector has already “staked its place in the finance industry, but its… Read More

August 6, 2022 @ 10:02 pm By JD Alois  |  

AxiaFunder, one of the few litigation financing platforms that enables smaller investors access to a unique asset class, is reporting that its first AxiaFunder Housing Disrepair (HDR) £300,000 investment portfolio is progressing well. AxiaFunder, a platform aimed at sophisticated and high-net-worth individuals, provides funding to… Read More

August 6, 2022 @ 7:32 pm By JD Alois  |  

Estateguru, an Estonia-based Fintech that offers a marketplace for investors to back secured loans, recently reported its Q2 numbers, and they were pretty solid. According to a blog post, Estateguru saw its assets under management (AUM) rise to a portfolio of €268 million while attracting… Read More

August 4, 2022 @ 10:41 pm By Omar Faridi  |  

Stackwell, the digital investment platform created to address the racial wealth gap, recently announced the closing of a $3.5 million seed funding round that will “accelerate the company’s launch plan, allowing it to rapidly reach key product development and go-to-market milestones, as well as support… Read More

August 4, 2022 @ 5:22 pm By JD Alois  |  

Roofstock has acquired RentPrep, a firm that offers tenant screening solutions that are said to be currently in use by over 100,000 landlords. Roofstock recently raised $240 million at an almost $2 billion valuation, thus providing capital for more M&A activity. The terms of the… Read More

August 4, 2022 @ 9:53 am By JD Alois  |  

  Robocash Group, an operator of online lending and investment platforms, has announced that Natalya Ischenko is the new Chief Executive Officer and Ivan Adamovich is now Chief Financial Officer. Sergey Sedov, who founded and led the company will remain as Chairman of the Board…. Read More

August 3, 2022 @ 10:07 pm By Omar Faridi  |  

Aaron Schnarch, Vp of Product, Custody at Coinbase (NASDAQ:COIN), explains that Coinbase Prime provides institutions “with an end-to-end staking experience.” Clients can “create a wallet, decide how much to stake, and initiate staking from the ETH asset page on their Coinbase Prime account.” Securing client funds… Read More

August 3, 2022 @ 6:37 pm By JD Alois  |  

Fundrise is the OG of Regulation A for real estate investments. In fact, Fundrise is the OG of all Regulation A offerings as just about no one, ever – anywhere, utilized old Reg A when they did just that back in 2012. As part of… Read More

August 3, 2022 @ 11:45 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, has reportedly funded a £4 million residential scheme located in Cambridge, which is focused on developing nine apartments that cover an area of 5,457 sq. ft. As reported by Mortgage Introducer, Blend Network’s management noted that the… Read More

August 2, 2022 @ 5:28 pm By JD Alois  |  

Robinhood (NASDAQ: HOOD) released Q2 2022 financial results that delivered a sequential increase in net revenue of 6% or $318 million, but the slight improvement was not enough to please analysts as it was deemed a miss. Shares in Robinhood were trading at around $9… Read More

August 2, 2022 @ 1:17 pm By JD Alois  |  

The New York Department of Financial Services (DFS) has determined that Robinhood Crypto failed to maintain effective bank secrecy act (BSA) and anti-money laundering (AML) compliance in regards to reporting requirements. Adrienne A. Harris, Superintendent of Financial Services, said Robinhood Crypto will pay a $30… Read More

August 1, 2022 @ 10:47 pm By Omar Faridi  |  

After stabilizing in May 2022, investment figures declined “from €15,458,394 to €12,913,190 in June 2022” on the Bondora platform. And with loan originations, there was “an overall decline of 17.3%.” This was expected, as there “have been slowdowns in origination and investment activity during the… Read More

August 1, 2022 @ 9:47 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Crust Shadow (CSM). Customers may now choose to add CSM to their Kraken accounts by simply “navigating to Funding, selecting the asset, and then Deposit.” Trading will… Read More

August 1, 2022 @ 9:27 am By JD Alois  |  

GenoCrowd is reporting that it has taken just three days to raise its funding threshold for a real estate project. The “Das Rosenthaler”  property located in Nuremberg and managed by W&L AG, will return 5.5% interest to investors with early backers adding 50 basis points… Read More

August 1, 2022 @ 9:00 am By Omar Faridi  |  

The volume of P2P funding decreased from 511 million Euros in May 2022 to 447 million euros in June 2022, i.e. by 13%, according to an update shared by Robo.cash. The fourth quarter of 2021 “saw significant growth in P2P lending, but so far in… Read More

July 31, 2022 @ 11:49 pm By Omar Faridi  |  

Lending Wokrs is pleased to release their Q2 2022 performance update on their statistics page. In Q2 2022, Lending Works have “continued to focus on understanding the impact of cost of living challenges on [their] active loan customers and the overall impact on portfolio performance.”… Read More

July 31, 2022 @ 9:17 pm By Omar Faridi  |  

Recently, Jorn van Duijnhoven was asked to take on the role of Head of Customer Success at European online lender at October. Jorn van Duijnhoven has been appointed “due to changes” within October’s organization. He stated: “I have to say that I didn’t see it… Read More

July 31, 2022 @ 8:54 pm By Omar Faridi  |  

At the beginning of July 2022, the Debitum Asset-Backed Security (ABS) offer was 5, TRIPLE DRAGON had 15 underlying assets in 3 ABSs, EVERGREEN CAPITAL had 45 underlying assets in 2 ABSs. The number of registered users (activated) in June 2022 “reached 9357 registered users.”… Read More

July 31, 2022 @ 9:18 am By Omar Faridi  |  

KuCoin, a global cryptocurrency exchange, has announced the launch of its NFT ETF Trading Zone (on July 29, 2022). The new product aims “to improve the liquidity of NFT assets and lower the investment threshold of blue-chip NFTs for over 20 million users.” The launch… Read More