Investment Platforms and Marketplaces

August 28, 2022 @ 10:48 pm By JD Alois  |  

ADDX, facilitating private digital securities, now offers a cash management option in collaboration with OCBC Group’s Lion Global Investors. Parked cash loses value and now ADDX users to sweep funds into a digital wallet with an interest-generating account. ADDX, a company backed by SGX, leverages… Read More

August 28, 2022 @ 9:42 pm By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL, NCPLW), a digital private capital markets ecosystem,  announced “the successful completion of a capital offering by Avadain, which developed a green manufacturing technology to manufacture high quality graphene flakes and is backed by Panasonic.” Avadain’s offering “closed on July 28, 2022,… Read More

August 28, 2022 @ 7:01 pm By Omar Faridi  |  

In the recent update about Loan Originator’s Chain Finance borrower and its war-affected assets in Ukraine, Debitum has commented on the status of repayments for June, plans regarding investments, and shared other details about business operations. Debitum has now shared the latest information and data… Read More

August 28, 2022 @ 6:58 pm By Omar Faridi  |  

Fintech company DongPlus launched by Aventus Group in Vietnam in 2021 joins the PeerBerry platform. DongPlus will “offer PeerBerry investors to invest in short-term loans with a 12% annual return.” Vietnamese loans are “backed by a buyback and a group guarantee.” Arūnas Lekavičius, CEO of… Read More

August 28, 2022 @ 4:14 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Alpha Venture DAO (ALPHA), Bluzelle (BLZ), Boba Network (BOBA), Celer Network (CELR), Nodle (NODL), Polkastarter (POLS), Marlin (POND), TrueFi (TRU) and Chain (XCN). Funding is now live, and trading was… Read More

August 27, 2022 @ 4:23 pm By JD Alois  |  

OKX, a top crypto exchange with over 20 million customers, has issued a statement in advance of the upcoming Merge – when Ethereum will finally migrate from Proof of Work (PoW) to Proof of Stake (PoS). The announcement by OKX is to “ensure that users… Read More

August 26, 2022 @ 12:09 pm By JD Alois  |  

Overstock (NASDAQ:OSTK), an e-commerce company, has announced an investment in tZERO, a digital asset issuance and trading platform. tZERO was once a wholly owned subsidiary of Overstock. In a corporate release, Overstock announced that it had completed the second tranche of a previously announced investment… Read More

August 26, 2022 @ 9:35 am By JD Alois  |  

Lendahand, a Netherlands-based, mission-driven securities crowdfunding platform, has been approved to offer investments across the EU under the European Crowdfunding Service Providers Regulation (ECSPR). Lendahand notes that it is the first Dutch platform to receive approval, and as far as we are aware, it is… Read More

August 25, 2022 @ 8:35 pm By Omar Faridi  |  

Digital asset firm Gemini noted that they’re pleased to announce support for a new set of crypto tokens. The following digital tokens are now available for trading on Gemini: Immutable X (IMX)= Biconomy (BICO) IoTeX (IOTX) PlayDapp (PLA) These tokens are “available for trading on… Read More

August 24, 2022 @ 9:50 am By JD Alois  |  

Ten-year-old securities crowdfunding platform Seedrs has recently posted a blog on platform capital raising, which highlights sector growth. Seedrs reports that it took 8 years to top £1 billion in funding raised, but two years later, Seeders has doubled that amount surpassing £2 billion this… Read More

August 24, 2022 @ 8:38 am By Omar Faridi  |  

Growth Capital Ventures has led a £695,000 investment round into Finexos, a fintech platform set “to improve access to credit for millions of people around the world.” Oversubscribed by almost 40% from the initial target, the funds will be used “to drive forwards Finexos’s market… Read More

August 22, 2022 @ 4:08 pm By JD Alois  |  

The Financial Services Commission of Korea has issued a warning to 16 unregistered “Virtual Asset Service Providers” or VASPs – the term utilized by the FATF for crypto exchanges. According to a statement by the Commission, the Korea Financial Intelligence Unit (KoFIU) has notified 16… Read More

August 21, 2022 @ 10:51 pm By Omar Faridi  |  

EstateGuru notes that summer is in full swing, which is also evident in their loan volumes. During July 2022, their investors financed €11.8M worth of loans “with Estonia contributing the most with €4.0M, followed by Latvia (€2.3M) and Lithuania (€2.2M).” EstateGuru further noted that they… Read More

August 21, 2022 @ 9:56 pm By Omar Faridi  |  

PeerBerry partners continue regular repayments of “war-affected” loans. The repayment of over EUR 1.4 million of war-affected loans was reportedly completed on August 17, 2022. EUR 1.2 million is “dedicated to repaying war-affected Ukrainian and Russian short-term loans,” the team at PeerBerry revealed. The also… Read More

August 21, 2022 @ 8:17 pm By Omar Faridi  |  

After a slow June, Bondora‘s collection and recovery figures “rebounded as anticipated.” Bondora further noted that “the number of recovered loans, as well as the total cash recovered, increased.” The total recovered cash also “climbed to exceed €1 million once again.” The count of loans… Read More

August 21, 2022 @ 8:02 pm By Omar Faridi  |  

The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More

August 20, 2022 @ 4:17 pm By JD Alois  |  

StartEngine, one of the larger investment crowdfunding platforms in the US, has posted that it raised more money under Reg A+ and Reg CF in July than other top platforms. StartEngine states: “… in July $27.0M was raised under Reg. CF campaigns and $10.3M was… Read More

August 18, 2022 @ 3:24 pm By JD Alois  |  

Online investment platform Yieldstreet has announced a new partnership with Collaborative WIM. Founded in 2020, Collaborative WIM is a global alliance of CFA Societies, FPA Chapters, and other industry groups seeking to support the development of female leaders. Currently, there are more than 90 organizations… Read More

August 18, 2022 @ 8:57 am By Omar Faridi  |  

Social investment platform eToro is expanding its presence in the United States after entering a definitive agreement to acquire options trading platform Gatsby for approximately $50 million. EToro had filed with the US Securities and Exchange Commission (SEC) for regulatory clearance back in December 2021…. Read More

August 18, 2022 @ 7:52 am By Omar Faridi  |  

Crypto.com, which claims to be the “fastest-growing” cryptocurrency platform, announced that it has received regulatory approval from the Financial Conduct Authority (FCA) in the United Kingdom (UK) as “a crypto-asset business.” This registration will “enable Crypto.com to offer a suite of products and services to… Read More