Investment Platforms and Marketplaces

January 25, 2022 @ 10:19 am By Omar Faridi  |  

WiseAlpha, the United Kingdom’s digital bond market platform, is pleased to confirm its strategic partnership with UK-headquartered Fintech firm, Fortu Wealth. This collaboration marks another key milestone for the Fintech companies, both planning to offer a smart financial solution to private banking customers. As noted… Read More

January 25, 2022 @ 10:16 am By JD Alois  |  

Last week, BitMEX announced its intent to acquire Bankhaus von der Heydt. The deal is actually structured so that BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, will acquire the bank located in Munich, Germany. While the purchase is subject… Read More

January 25, 2022 @ 8:28 am By JD Alois  |  

Marketplace lending platform EstateGuru has posted its 2021 financial results. According to the investment platform loan volumes increased by 69%, revenues 58%, new investors by 35% compared to 2020. EstateGuru said that all of the countries where they operate exceeded their targets with total lending… Read More

January 24, 2022 @ 2:02 pm By Omar Faridi  |  

Paul Grewal, Chief Legal Officer at digital assets firm Coinbase (NASDAQ: COIN), has shared an update titled, Proof of Alignment, which explains what the company has done to align themselves with their clients and what they’re planning to do next. As noted by Grewal, Coinbase… Read More

January 24, 2022 @ 11:27 am By JD Alois  |  

Jacksonville, Florida is one of the hottest Fintech markets in the US. A combination of low taxes, great weather, and a business-friendly government has helped Jacksonville to generate over 62,000 in Fintech jobs. In recognition of this ongoing phenomenon, Groundfloor, a real estate crowdfunding platform,… Read More

January 24, 2022 @ 8:39 am By Omar Faridi  |  

Earlier this month, the team at European lender Mintos had released their extensive Insight Report. Mintos noted that their monthly publication offers an overview of what’s been happening on their platform, including commentary from their team of experts, recent investor activity, educational topics, and other… Read More

January 24, 2022 @ 8:27 am By Omar Faridi  |  

Earlier this month, the team at marketplace lender October had shared an open letter with their community. October wrote in its open letter that last year, they had committed to working hard, “with enthusiasm and curiosity.” They had promised to lend more efficiently to businesses,… Read More

January 23, 2022 @ 10:31 pm By Omar Faridi  |  

Bahrain-headquartered cryptocurrency exchange Rain Financial has secured $110 million in capital via a Series B round. Rain Financial reports that its investment round has been co-led by Paradigm and Kleiner Perkins along with contributions from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, and CMT… Read More

January 23, 2022 @ 9:45 pm By Omar Faridi  |  

The team at UK’s MarketFinance notes that investors have continued to commit to funding small businesses in the United Kingdom despite “lingering anxieties” over the COVID-19 pandemic, Brexit and various other factors. MarketFinance VP Capital Markets, Marion Delille, has taken a look into just why –… Read More

January 21, 2022 @ 12:58 pm By Tony Zerucha  |  

Mastercard users will soon be able to use their plastic to buy NFTs on Coinbase’s upcoming NFT marketplace, the two companies announced this week. Coinbase had announced Coinbase NFT in October of 2021. “Our mission at Coinbase is to increase economic freedom in the world,”… Read More

January 21, 2022 @ 10:29 am By JD Alois  |  

Thomas Smith, Head of Business Development for Netcapital (OTCQX: NCPL), has received the John T. “Doc” Tynan Profile in Courage Award by the South Boston Citizens’ Association. Netcapital is an online capital formation provider assisting early-stage firms in accessing growth financing. The award, delivered by… Read More

January 21, 2022 @ 12:27 am By Omar Faridi  |  

Digital asset firm Gemini noted on January 19, 2022, that they’re acquiring Omniex, a trading tech platform that offers order, execution, and portfolio management system solutions for institutional cryptocurrency trading. As mentioned in a blog post, the acquisition enables Gemini to “publicly launch Gemini Prime,… Read More

January 20, 2022 @ 9:12 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has settled with tZERO ATS for transgressing certain rules. An ATS, or alternative trading system, is similar to an exchange as approved operators may facilitate trading of securities. According to the SEC, tZERO ATS must cease and desist from committing… Read More

January 20, 2022 @ 3:57 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their trading platform now supports staking for MINA token holders. Kraken users may head into the Earn section of their accounts to put their MINA “to work” today (staring January 18, 2022). (Note: Staking is currently… Read More

January 20, 2022 @ 11:08 am By JD Alois  |  

Folk2Folk, a unique peer-to-peer lender operating in the UK, reports that it has now topped £500 million in lending boosted by a record amount of £108 million in lending during 2021. Lending almost doubled in 2021 in comparison to 2020. Folk2Folk is an FCA authorized… Read More

January 19, 2022 @ 11:26 am By Omar Faridi  |  

EstateGuru notes that 2021 ended “strongly” for their platform, with their investors financing €18.6M worth of loans in December 2021. As mentioned in the update from EstateGuru, the total funded amount for the year was €2028M. In December, Estonia, Lithuania and Germany all “contributed over… Read More

January 19, 2022 @ 10:47 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, has responded to “growing demand for light refurbishment projects.” As mentioned in an update shared with CI, specialist development finance lender Blend Network has announced today the launch of a new Light Refurbishment Plus product range “specifically… Read More

January 19, 2022 @ 9:31 am By JD Alois  |  

Linked Finance, a peer-to-peer lending platform serving Irish SMEs, says it has incorporated open banking technology to speed up the lending process. Open banking can enhance financial services by seamlessly accessing data and information across different platforms. By integrating with other financial services providers, products… Read More

January 18, 2022 @ 11:46 pm By Omar Faridi  |  

The team at UK’s investment platform easyMoney notes that the use of Fintech apps is increasing steadily across the globe. That’s why they decided to also launch their own app for their customers. The company wrote in a blog post that half of easyMoney investors… Read More

January 18, 2022 @ 11:31 pm By JD Alois  |  

eToro, an online investment platform, says it has added exchange-traded funds (ETFs) and stocks to its US-facing offerings. eToro already offers crypto trading in the US. Crypto trading is offered via eToro USA LLC and securities trading is offered via eToro USA Securities, Inc., a… Read More