Investment Platforms and Marketplaces

February 23, 2022 @ 9:05 am By JD Alois  |  

tZERO ATS, a digital securities marketplace, now offers clearing and settlement securities transactions for itself and its broker-dealer affiliates in another step forward for its vision of the future of regulated securities. tZERO called the announcement a key milestone for its next-generation trading ecosystem. tZERO’s… Read More

February 23, 2022 @ 8:32 am By Omar Faridi  |  

The team at European lender Bondora notes that the collection and recovery team started 2022 on “a high note.” The number of loans issued via the platform and the total amount of debt recovered increased when compared to the last month. As noted by Bondora,… Read More

February 23, 2022 @ 8:29 am By Omar Faridi  |  

The first month of this year saw €16.3M in loans originated via EstateGuru with Estonia and Germany together contributing more than half the total amount of funding. Due to seasonality, repayments came in at a “modest” at €2.5M, accounting for 23 loans with “an average… Read More

February 23, 2022 @ 12:16 am By JD Alois  |  

Robocash Group is reporting net earnings of $31.8 Million for the fiscal year 2021 in comparison to $24 million in 2020. The lending Fintech said that during 2021 it issued $797.7 million in loans across all of its active markets. This is a 147.4% increase… Read More

February 22, 2022 @ 12:43 pm By Omar Faridi  |  

Bit2Me is joining forces with Axie Infinity. At Bit2Me, the first VASP approved to offer services in Spain, they have entered an agreement with Axie Infinity to be their “reference partners” in Spain, Portugal, and Latin America. In addition, they’ll be supporting events organized by… Read More

February 22, 2022 @ 8:52 am By JD Alois  |  

Bitpanda, an Austrian digital asset exchange, has acquired Trustology, according to a statement by Bitpanda. The move aims to bring in-house custody services for digital assets. Bitpanda stated: “We’re thrilled to welcome Trustology to Team Bitpanda! As one of the fastest-growing Fintechs, international expansion and… Read More

February 22, 2022 @ 8:30 am By Tony Zerucha  |  

Securitize, the digital asset securities firm, today announced its acquisition of Pacific Stock Transfer.  With more than 1.2 million investor accounts and north of 3,000 private and publicly traded clients, Securitize said it is now one of the top 10 largest stock transfer agencies in… Read More

February 21, 2022 @ 11:18 pm By JD Alois  |  

Amber Group, a digital asset platform based in Singapore, has raised $200 million in Series B funding at a $3 billion valuation. The funding was led by Temasek with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, Coinbase… Read More

February 21, 2022 @ 8:54 pm By Omar Faridi  |  

Private securities market pioneers, Rialto Markets and Zanbato, have entered into a new partnership in order to address the requirements of a fast-evolving investor sector. Zanbato’s Alternative Trading System, ZX, reportedly supports some of the world’s largest membership of banking institutions, brokers and their wealth… Read More

February 21, 2022 @ 7:10 pm By JD Alois  |  

Round Here is the newest, FINRA regulated funding portal to launch to offer securities crowdfunding. A funding portal is a new entity created by the JOBS Act of 2021 that lists regulated securities from firms in need of growth capital. Funding portals will mostly raise… Read More

February 21, 2022 @ 11:04 am By Omar Faridi  |  

The team at digital asset firm BlockFi has added six new crypto-assets for their non-US clients via BlockFi International. They include Cardano (ADA), Solana (SOL), Polkadot (DOT), Avalanche (AVAX), Cosmos (ATOM), and Filecoin (FIL). The new assets will be available to buy, sell, and trade… Read More

February 21, 2022 @ 10:56 am By JD Alois  |  

Groundfloor, a real estate investment marketplace catering to both non-accredited and accredited investors, has announced $118 million in new capital. The cash is divided up between $100 million in debt capital provided by Medipower, $5.8 million in equity from Medipower, along with $7.2 million in… Read More

February 21, 2022 @ 9:32 am By JD Alois  |  

This is an interesting factoid. In a tweet, Funderbeam noted that Estonia claims the title of having the highest number of unicorns, per capita, in the world. 🦄 Estonia might soon have its 10th unicorn and already has the highest number of unicorns per capita… Read More

February 20, 2022 @ 2:17 pm By Omar Faridi  |  

Nana Murugesan, VP, International and Business Development at Coinbase (NASDAQ: COIN), says that the digital asset firm will be adopting “a go broad and go deep approach” in order to scale operations internationally so that they can further their mission of bringing more “economic freedom”… Read More

February 18, 2022 @ 3:53 pm By Omar Faridi  |  

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

February 18, 2022 @ 1:58 pm By Omar Faridi  |  

Lithuania’s borderless finance platform Debitum is pleased to confirm that Henrijs Jansons has joined the firm as its new Chief Executive Officer. His appointment became effective at the end of January 2022. Henrijs is reportedly replacing former CEO Sergei Demchuk, who will “focus on the… Read More

February 18, 2022 @ 9:47 am By JD Alois  |  

Fintech, or financial technology, is a hot sector of investing and innovation in general. All financial services are going through an extended period of disruption as digital replaces analog and startups and early-stage ventures challenge incumbents. In our opinion, this transition is a multi-decade event… Read More

February 18, 2022 @ 8:01 am By Omar Faridi  |  

The team at Prosper has shared their platform’s Performance Update for January 2022. Haiyan Huang from Prosper notes that in January 2022, approximately 57% of loan originations “were rated AA-B.” The company further noted that the average loan size in January “increased by 4% month-over-month.”… Read More

February 18, 2022 @ 7:54 am By Omar Faridi  |  

Ararat Yuzbashyan, CTO at EstateGuru, has explained how he aims to improve the lives of his colleagues. Ararat also talked about the advice he would give to talented professionals who are thinking of joining EstateGuru. Ararat has been working at EstateGuru for around 10 years…. Read More

February 18, 2022 @ 2:37 am By Omar Faridi  |  

The peer-to-peer market is expected to grow by around 20% this year, according to a report from Croatian lender Robo.cash. Robocash analysts noted that the optimistic scenario for 2022 is being supported by the general development trend from last year. Industry experts are also betting… Read More