Investment Platforms and Marketplaces

January 10, 2022 @ 3:05 pm By Omar Faridi  |  

Open Banking is the “future of banking,” according to an update from alternative investment platform YieldStreet. The team at YieldStreet has explained how Open Banking can impact your banking experience. In an episode of The Yield, Yieldstreet CFA Peter Kerr was joined by Frédérick Lavoie… Read More

January 10, 2022 @ 2:00 am By JD Alois  |  

BrikkApp, a European online real estate investment platform, is aggregating over 200 real estate investment crowdfunding platforms, according to a statement from the company. The new marketplace aims to simplify the process of matching money with investment opportunities around the world. BrikkApp notes that it… Read More

January 8, 2022 @ 8:25 pm By Omar Faridi  |  

The team at EstateGuru, an online investment marketplace that matches borrowers to investors with secured debt securities, notes that Investment Strategies is the next “evolution” of Auto Invest, which it replaces. EstateGuru wrote in an update that they’ve now “removed the €250 minimum limit for… Read More

January 7, 2022 @ 7:59 am By Omar Faridi  |  

The team at UK’s Blend Network, a specialist development finance lender, notes that as 2022 gets underway, they’ve reflected on the “strength” and “resilience” of the UK property market. With property prices and rents surging to double digit growth in some areas of the UK,… Read More

January 7, 2022 @ 1:27 am By Omar Faridi  |  

The team at Mintos, an investment firm that claims to be the leading alternative investment platform in the European Union, says they’ve made “big things” happen at Mintos in 2021, resulting in “a lot of transformative change.” According to Mintos, the loans asset class (for… Read More

January 6, 2022 @ 6:42 pm By JD Alois  |  

CoinSmart (NEO: SMRT) (FSE: IIR), one of the first approved crypto exchanges in Canada, says revenue hit a record amount of $1.94 million in November. CoinSmart Financial Inc., a publicly-traded firm, said preliminary unaudited monthly revenue in November 2021 represents a 7% increase compared to… Read More

January 6, 2022 @ 8:47 am By JD Alois  |  

BitMEX, a crypto derivatives exchange, has enlisted the help of Tokeny to support its forthcoming BMEX token launch. BitMEX is using the BMEX airdrop to incentivize new users and recently announced adding over 50,000 new users to its platform. Alexander Höptner, CEO of BitMEX, said… Read More

January 6, 2022 @ 2:22 am By Omar Faridi  |  

European lender Bondora notes that the secondary market ended 2021 with a relatively slow December. Bondora writes in an update, dated January 4, 2021, that after picking up slightly again in November, Secondary Market transactions “fell to €250,404” in December 2021. According to Bondora, this… Read More

January 5, 2022 @ 11:19 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash writes that while you’re busy summing up the results of the year, they’ve taken a look back on what December 2021 could be most remembered for. Robo.cash notes that last month, their investors “funded €18 M loans.” The platform’s investor base was… Read More

January 5, 2022 @ 10:10 pm By Tony Zerucha  |  

Alto, a self-directed IRA platform for individuals seeking to invest in alternative assets using tax-advantaged retirement funds, today announced the successful close of a $40 million Series B funding round. Advance Venture Partners was the lead on this round of funding, with additional participation from… Read More

January 5, 2022 @ 11:15 am By JD Alois  |  

BitMEX, a crypto derivatives exchange that expects to launch a spot market later this year, says it has added 50,000 new users following the launch of the BMEX token on December 21, 2021. BitMEX is using the airdrop to incentivize new users following a challenging… Read More

January 5, 2022 @ 9:39 am By JD Alois  |  

INX Limited (INX ATS: INX) has acquired Tokensoft Transfer Agent LLC, an SEC-registered transfer agent owned by Tokensoft Inc. The terms of the deal were not disclosed. INX Limited is a digital asset trading platform that aims to bridge crypto and traditional assets. The regulatory-compliant… Read More

January 5, 2022 @ 3:15 am By Omar Faridi  |  

AS Mintos Marketplace (Mintos) has shared an update from Lime Zaim, a cooperation partner of Mintos that provides investment opportunities via Mintos.com. On 22 December 2021, Lime Zaim reportedly placed its debut bonds on the Moscow Exchange (MOEX) in the “amount of 300 million rubles.”… Read More

January 3, 2022 @ 4:45 pm By JD Alois  |  

This is an interesting factoid. FinancePR, a promotional firm in the financial services sector, has distributed a note stating that Coinbase (NASDAQ: COIN) dominates Bitcoin trading. According to the missive, Coinbase took 53% market share of Bitcoin trading in the past 30 days or 520,000… Read More

January 3, 2022 @ 2:54 pm By JD Alois  |  

Periodically, CI takes a tally of the Reg CF (Regulation Crowdfunding) sector to capture a measure of both platforms and activity. The last time we reviewed FINRA regulated funding portals was mid-2021 and as you can understand things have changed since then. At that time,… Read More

January 3, 2022 @ 9:39 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) filed an administrative proceeding in regards to Vincent Petrescu, the founder of the crowdfunding platform TruCrowd. In September of 2021, TruCrowd was hit with fraud charges, in the complaint SEC v. Robert Samuel Shumake, Jr, along with… Read More

January 3, 2022 @ 8:16 am By JD Alois  |  

BitMEX, a crypto exchange in the derivatives market that is planning to soon add a spot market, has hired a new Chief Commercial Officer – Rupertus Rothenhaeuser. BitMEX has been in a rebuilding mode following the exit of its founder and former CEO Arthur Hayes… Read More

January 2, 2022 @ 4:40 am By Omar Faridi  |  

Kuflink, a P2P UK property investment platform, where they invest with you,  introduced new features and improvements to their platform throughout 2021, doing their best to make your Kuflink experience is “as efficient, and as easy, as possible,” the company wrote in a blog post…. Read More

January 2, 2022 @ 1:23 am By Omar Faridi  |  

A Lithuanian renewable energy firm Litelektra, which is reportedly co-owned by Gofingo Group shareholders, has teamed up with PeerBerry, which is an alternative investment marketplace with “up to 12% return on investment” and offers innovative investment tools. As mentioned in the update, the new business… Read More

January 2, 2022 @ 12:13 am By Omar Faridi  |  

The CEOs and team at European online lender October have thanked all their retail lenders and institutional investors, as they closed out 2021. The company has been focused on lending everyday to European SMEs. October writes in a blog post that in 2021, platform users… Read More