Investment Platforms and Marketplaces

April 19, 2022 @ 7:00 am By JD Alois  |  

Bitfinex Derivatives, part iFinex Financial Technologies Limited, has announced the launch of perpetual contracts for Ethereum Classic (ETCF0:USTF0), Anchor Protocol (ANCF0:USTF0), Waves (WAVESF0:USTF0).  Bitfinex is registered in the British Virgin Islands and US individuals may not utilize its services. In general Bitfinex offers new trading… Read More

April 19, 2022 @ 3:01 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – successfully “closed the real estate project ‘Aurea Home’ in the center of Vilnius, the capital of Lithuania.” The real estate loan of EUR 1 million, “plus an interest rate of EUR 91 647 (total amount of… Read More

April 19, 2022 @ 2:07 am By Omar Faridi  |  

At the end of February, Debitum had introduced Asset-Backed Securities and by doing so, they reportedly became the first platform in all of Europe that has “managed to offer this kind of financial instrument to the retail market.” Therefore, the Debitum team will represent their… Read More

April 18, 2022 @ 5:52 pm By JD Alois  |  

Crowdfund Insider last reported on the growth of FINRA-regulated Funding Portals at the beginning of 2022. A Funding Portal is a new entity created by the JOBS Act of 2021 designed to issue securities under the Reg CF (Regulation Crowdfunding) – a securities exemption created… Read More

April 18, 2022 @ 9:31 am By JD Alois  |  

WonderFi  (NEO:WNDR; OTC:WONDF) has entered into an agreement to purchase Coinberry, a Canadian digital asset exchange that is regulated and compliant. WonderFi recently acquired Bitbuy – another crypto platform operating in Canada. Coinberry is one of just a handful of compliant crypto marketplaces operating in… Read More

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

European lender Bondora notes that the collection and recovery efforts in March 2022 set new “record highs” for 2022. The cash collected increased by 61.6% from February 2022, “totaling €1,249,637.” And 77,471 missed payments “were recovered, which is the highest number in Bondora’s history:” The… Read More

April 17, 2022 @ 5:17 pm By Omar Faridi  |  

Funding Societies, which claims to be Southeast Asia’s largest SME digital financing platform, recently announced that it has teamed up Dedoco, a “decentralized” digital document and workflow management platform, in order “to become one of the first FinTech platforms to enable micro, small and medium… Read More

April 15, 2022 @ 11:58 am By JD Alois  |  

  In a tweet, DeFi firm Equilibrium announced a partnership with Republic Crypto, part of the Republic group of companies. 🤝 We're proud to announce our collab with @joinrepublic @RepublicCrypto! 👀 Stay tuned for more exciting news, updates and much more! $EQ #DeFi pic.twitter.com/1PiRYdvV8g —… Read More

April 14, 2022 @ 11:42 am By JD Alois  |  

Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), a non-custodial wallet, has announced that it now accepts fiat transfers from bank accounts to purchase cryptocurrency via its mobile app. Exodus is the first-ever issuer to raise the maximum amount allowable under the Reg A+ exemption. In… Read More

April 14, 2022 @ 11:28 am By JD Alois  |  

Yesterday, tZERO – a digital securities marketplace providing both primary issuance and secondary trading in securities, rang the NYSE opening bell. The Fintech was celebrating both the strategic investment by ICE (NYSE:ICE), the parent company of the NYSE, as well as the start of its… Read More

April 13, 2022 @ 11:17 am By Omar Faridi  |  

Financiera Contigo (CEGE Capital), a lending firm doing business in Mexico,  will provide investment opportunities on Mintos with interest rates of “up to 12% per annum.” Financiera Contigo was founded in 2010 ​​by two brothers Allan and Emilio Cherem, who were “nominated by Forbes for… Read More

April 13, 2022 @ 5:12 am By JD Alois  |  

JULO, an online lender serving consumers in Indonesia, has raised $80 million in capital from Japan-based Credit Saison. The new funding is split between $30 million in equity plus a $50 million debt facility. Investors from previous rounds include Skystar Capital, Saratoga Investama, East Ventures,… Read More

April 12, 2022 @ 11:58 am By Tony Zerucha  |  

Digital alternative investment platform Yieldstreet is now letting people invest in startups, the company announced today. The first companies include established startups Fetch Rewards and Flutterwave. The arrangement is made in partnership with venture capital investment firm Greycroft, which has more than $2 billion in… Read More

April 11, 2022 @ 7:48 pm By JD Alois  |  

Wefunder, a top FINRA regulated funding portal, says it had a banner week as it raised more funding under Reg CF than ever before. According to a tweet from Jonny Price, Wefunder Vice President of Fundraising, Wefunder raised just shy of $14 million in seven… Read More

April 11, 2022 @ 6:00 pm By JD Alois  |  

Last week, Republic officially announced its long-anticipated expansion into Asia. The company has previously expressed its intent to move into other geographies. Last year, Republic made its first big leap into Europe via the acquisition of Seedrs, a UK-based investment crowdfunding platform that has long-listed… Read More

April 11, 2022 @ 8:21 am By Omar Faridi  |  

Bitstamp, which claims to be the world’s longest running crypto exchange, recently announced its “Bitstamp-as-a-Service,” or BSaaS, a fast, cost-effective, and “hassle-free” way for institutions “to enter the rapidly growing crypto market in the U.S.” The service will provide Fintechs and traditional financial institutions “with… Read More

April 11, 2022 @ 8:19 am By Omar Faridi  |  

UK’s Blend Network has reportedly acquired a £120 million funding line from a group of family offices, which the firm said it would use to scale its existing loan book. Yann Murciano, CEO at Blend Network, a specialist development finance lender, explained that obtaining the… Read More

April 8, 2022 @ 5:45 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, and CF Benchmarks, the provider of cryptocurrency benchmark indices, announced plans to introduce 11 new virtual currency reference rates and real-time indices, which will be “calculated and published daily by CF Benchmarks, beginning April 25.” These reference rates and indices… Read More

April 8, 2022 @ 4:56 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) took a blow today during an overall challenging market session, as Goldman Sachs issued a downgrade from Neutral to Sell. Robinhood is a social trading platform allowing users to trade both traditional securities alongside crypto. Last week, Robinhood shared that its goal is… Read More

April 8, 2022 @ 9:33 am By JD Alois  |  

This week Jonny Price, Vice President of Fundraising at Wefunder – a top Reg CF funding portal operating in the US (and soon in Europe), pitched a rebranding of “equity crowdfunding” to “community round.” Price directed his opinion at Republic.     Yo @joinrepublic what… Read More