Investment Platforms and Marketplaces

June 20, 2022 @ 10:43 am By JD Alois  |  

OurCrowd, a leading global securities crowdfunding platform, has partnered with the Singapore Economic Development Board (EDB) in the Global Innovation Alliance (GIA) program, according to a statement issued by OurCrowd. The goal is to boost international collaboration between the two countries to increase investment as… Read More

June 20, 2022 @ 9:23 am By JD Alois  |  

TWINO, a peer-to-peer lending platform and emerging brokerage, is planning to raise capital on Seedrs, a leading UK/European investment crowdfunding platform. Twino said it will officially make the announcement later this month along with more details on the equity offering. TWINO has bootstrapped its operations… Read More

June 20, 2022 @ 6:00 am By Omar Faridi  |  

Yieldstreet, a digital alternative investment platform, has teamed up with Wonder Group, a company founded by serial entrepreneur Marc Lore that is “redefining at-home dining and food delivery, to provide an opportunity to invest in the startup’s Series B funding round.” Yieldstreet members can now… Read More

June 18, 2022 @ 4:01 pm By JD Alois  |  

Jesse Powell, CEO of crypto exchange Kraken, has taken to Twitter to defend Kraken’s recent culture statement that attempted to be inclusive of everyone’s beliefs but apparently offended woke-leaning employees. Powell said that during “heated debates” about 20 people out of 3200 were not on… Read More

June 17, 2022 @ 3:48 pm By JD Alois  |  

Huobi Group, an operator of a crypto exchange, says it has received regulatory approval in two new jurisdictions: Dubai and New Zealand. In Dubai, Huobi obtained a DIFC Innovation License. In New Zealand, Huobi has been added to the Financial Services Provider Register. Huobi said these… Read More

June 17, 2022 @ 9:51 am By JD Alois  |  

Babel Finance, a Hong Kong-based crypto firm that recently raised $80 million at a $2 billion valuation, has halted all withdrawals and redemptions according to a company statement. Posted on the website, Babel Finance explains: “Recently, the market has fluctuated violently, and some institutions in… Read More

June 16, 2022 @ 11:30 pm By JD Alois  |  

Foxstone, a real estate crowdfunding platform, has raised a CHF 10 million Series A funding round according to a note from the company. Foxstone said all existing investors participated in the securities round along with new investors including Rosablanche Ventures, the family investment vehicle of… Read More

June 16, 2022 @ 3:18 pm By JD Alois  |  

  Late last year, Republic announced its acquisition of Seedrs – a leading UK-based investment crowdfunding platform. Republic paid $100 million to acquire the firm. Seedrs has long operated in both the UK and the European continent providing access to capital for early-stage and later-stage… Read More

June 16, 2022 @ 10:59 am By JD Alois  |  

Earlier this month, US Senators Kirsten Gillibrand and Cynthia Lummis revealed their long-anticipated legislation aiming to provide a clearcut regulatory regime for the digital asset industry. The language of the bill represents a comprehensive approach for crypto including digital securities, stablecoins, and more while selecting… Read More

June 15, 2022 @ 10:50 pm By Omar Faridi  |  

The team at Prosper recently shared their performance data from the Prosper Portfolio for May 2022. Highlights from the Prosper Performance Update – May 2022 are as follows: In May, approximately 58% of loan originations “were rated AA- B, remaining stable month-over-month.” Average loan size… Read More

June 15, 2022 @ 2:04 pm By JD Alois  |  

Multiple Fintechs have recently announced layoffs due to the faltering economy and rising interest rates. Most people are predicting a recession – one that could be long and hard. Due to the current economic malaise and forward expectations, companies like Coinbase, BlockFi, and others have… Read More

June 15, 2022 @ 9:26 am By JD Alois  |  

tZERO, a digital asset marketplace, has announced the appointment of two individuals to its board of directors. Edwin Marcial, former Senior Vice President and founding Chief Technology Officer of Intercontinental Exchange (NYSE: ICE), and Michael Blaugrund, Chief Operating Officer of the New York Stock Exchange… Read More

June 15, 2022 @ 8:44 am By Omar Faridi  |  

2021 was the year of considerable growth for PeerBerry, the company claims. The platform has “almost tripled within the previous year.” PeerBerry’s loan portfolio “grew 2,77 times or 177% exceeding EUR 85,43 million at the end of the year 2021.” Last year, through the PeerBerry… Read More

June 14, 2022 @ 6:40 pm By JD Alois  |  

SeedInvest, a leading securities crowdfunding platform in the US that is expanding its business into Europe, has published a timely blog post addressing the challenging fact that most startups fail. In fact, SeedInvest points to data that indicates that 90% of all startups fail. That… Read More

June 14, 2022 @ 6:01 pm By Omar Faridi  |  

Fundvest is a solution for consumers who are looking to grow their wealth. It is a user-friendly savings and investments platform that aims to assist clients with focusing on their long-term financial strategy. It will provide access to EU and US stock exchanges and maintain… Read More

June 14, 2022 @ 8:33 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the largest crypto exchange in the US and the first to float shares on an exchange, has announced it will reduce employee headcount by 18%. This announcement follows previous statements of a hiring freeze. Currently, Coinbase has around 4900 employees indicating that over… Read More

June 14, 2022 @ 12:01 am By JD Alois  |  

  Qonto and Coinhouse have announced a partnership designed to leverage existing services to enable SMEs and others to invest in crypto assets, according to a company statement. Qonto is a European Fintech that offers businesses service like banking, bookkeeping, spend management, and more.  Launched… Read More

June 13, 2022 @ 3:04 pm By Omar Faridi  |  

Vincent, the alternative investment search platform, recently announced VALT Asset Management will provide investors access to “world-class” alternative assets once “reserved only for institutional investors.” Open for investments, VALT offers portfolios of institutional-grade alternative assets — “including venture capital, cryptocurrency, collectibles, real estate, art, and… Read More

June 13, 2022 @ 2:12 pm By JD Alois  |  

BlockFi, a leading digital asset firm providing various services to both retail and institutional customers, has announced that it will cut 20% of its workforce due to the challenging economic environment. The company is now refocusing its energy on profitability as opposed to just rapid… Read More

June 13, 2022 @ 12:17 pm By Omar Faridi  |  

Huobi Global, a cryptocurrency exchange and blockchain solutions provider, recently announced its investment in Cube, a public chain that “provides innovative infrastructure for Web 3.0 and the metaverse.” The launch underscores Huobi Global’s strategy “to expand its Web 3.0 ecosystem.” Cube (formerly Cube Chain) is… Read More