Investment Platforms and Marketplaces

September 23, 2021 @ 10:31 am By JD Alois  |  

Property investment platform Awning has exited stealth mode with the announcement of $9.3 million in seed funding. The investment was led by Global Founders Capital. Additional investors include: MassMutual Ventures and several angel investors including Side co-founders Guy Gal and Ed Wu, SafeGraph founder Auren… Read More

September 23, 2021 @ 9:30 am By Omar Faridi  |  

eToro, a multi-asset investment platform that empowers consumers to grow their knowledge and wealth as part of a global community of investors, reveals that it’s “reinforcing its commitment to opening the digital economy to the next billion global crypto users.” eToro confirmed in a release… Read More

September 22, 2021 @ 2:38 pm By JD Alois  |  

GROUNDFLOOR, a real estate investment platform, has announced The Stairs app that is described as combining the traditional savings and investing, dubbed “savesting.” The app is currently available on the Apple App Store as well as Google Play. GROUNDFLOOR states that by using the app… Read More

September 22, 2021 @ 11:37 am By JD Alois  |  

Amongst all of the criticism emanating from certain policymakers regarding payment for order flow and gamification, Robinhood (NASDAQ:HOOD) continues to iterate and add new features for its growing legion of investors. Today, as has been widely rumored, Robinhood will soon offer crypto wallets to provide… Read More

September 22, 2021 @ 10:36 am By JD Alois  |  

MicroVentures is a broker-dealer that raises capital under the various crowdfunding exemptions including Reg CF+, Reg D, and Reg A+. An early entrant into the sector, MicroVentures got its start catering to accredited investors but expanded its portfolio of services following the enactment of the… Read More

September 21, 2021 @ 10:28 pm By JD Alois  |  

Fundify has officially announced its launch as a FINRA regulated funding portal offering securities under Reg CF (Regulation Crowdfunding). In a company release, Josh Chodniewicz, founder and CEO of Fundify, stated: “This is an incredible time in the equity crowdfunding market. It’s growing by triple-digit… Read More

September 21, 2021 @ 8:51 pm By Tony Zerucha  |  

Blockchain-based fintech Figure today announced the completion of a digital securities transaction using Figure ATS, an alternative trading system that is registered with the U.S. Securities and Exchange Commission and that is part of Figure’s Marketplace trading platform. The trade included the minting of a… Read More

September 21, 2021 @ 11:33 am By JD Alois  |  

MarketFinance, a top online lender based in the UK, has announced a £280 million debt and equity funding while simultaneously announcing its accreditation under the Recovery Loan Scheme (RLS). MarketFinance was previously approved as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS) having… Read More

September 21, 2021 @ 10:01 am By JD Alois  |  

Robo.cash has shared that during the month of September the platform surpassed  €300 million in total funded loans. According to the company, September has also recorded another achievement as it topped 19,000 investors. Sergey Sedov, CEO of Robocash Group, issued the following statement: “The platform… Read More

September 21, 2021 @ 8:10 am By Omar Faridi  |  

eToro Group Ltd, a multi-asset investment platform that aims to empower individuals to grow their knowledge and wealth, reveals that it has appointed Michael Ptasznik to its Board of Directors. As mentioned in a release, Michael will be joining the eToro Board at “the closing… Read More

September 20, 2021 @ 10:09 pm By JD Alois  |  

StartEngine’s self-crowdfunding round is cruising towards its goal of raising $55 million. Launched at the end of August, StartEngine has now raised $7.324 million backed by over 4200 individual investors. StartEngine is utilizing the Reg A+ securities exemption, a process that allows the company to… Read More

September 20, 2021 @ 4:32 pm By JD Alois  |  

The Securities and Exchange Commission has leveled fraud charges against TruCrowd and three issuers in allegations of fraud regarding $2 million of unregistered securities apparently offered via two investment crowdfunding offerings. As far as we are aware, this is the first significant enforcement action pertaining… Read More

September 20, 2021 @ 2:14 pm By JD Alois  |  

On September 7, 2021, Coinbase (NASDAQ:COIN) published a blog post stating the Securities and Exchange Commission (SEC) had informed the company it would sue over its forthcoming Coinbase Lend service. Now, Coinbase has submitted to the significant threat of a lawsuit and abandoned its Lend… Read More

September 20, 2021 @ 9:53 am By Omar Faridi  |  

The Bondora secondary market experienced a “complete trend reversal” in August 2021. The European P2P lender reveals that there was a substantial 107.9% growth when compared to the month of July 2021. This growth equates to “a total of €338,235 being transacted on the Secondary… Read More

September 20, 2021 @ 9:28 am By JD Alois  |  

Dacxi,  a crypto-asset exchange, has announced a new investment crowdfunding service that utilizes its Dacxi Chain, a bespoke blockchain. According to a release, the tokenized crowdfunding system is “designed to close the innovation-funding gap.” Ian Lowe, CEO Dacxi, says “the global enterprise economy comprises of… Read More

September 20, 2021 @ 8:02 am By Omar Faridi  |  

In August 2021, investors remained quite active on European online investment platform EstateGuru and financed a total of €17.0M worth of loans (84 loans). As expected, the top-performing markets on EstateGuru this past month were Estonia and Germany, with loan volumes of €5.3M and €6.9M,… Read More

September 19, 2021 @ 7:24 pm By Omar Faridi  |  

Digital assets firm Binance has expanded its Audit and Investigations team with the appointment of Nils Andersen-Röed from Europol where he served as a specialist on the Dark Web team. As mentioned in the update from Binance, Nils will be tasked with focusing on conducting… Read More

September 19, 2021 @ 5:07 pm By Omar Faridi  |  

European online lender October explains that they aim to effectively connect borrowers and lenders. Lenders are able to invest their savings “usefully” and “profitably” in order to facilitate the funding of the “real economy” while companies or businesses “find new, simple and effective sources of… Read More

September 19, 2021 @ 11:17 am By Omar Faridi  |  

Digital asset platform CoinList says that its mission is to promote the advancement and adoption of crypto-assets. CoinList writes in a blog post that they have been working with some of the leading initiatives to help with powering their digital token sales, while also connecting… Read More

September 19, 2021 @ 10:40 am By Omar Faridi  |  

Dedicated prime property lender CapitalRise has reportedly provided a mezzanine facility for a £4 million luxury penthouse located in Hyde Park. The facility — “agreed at 73% LTV on a 12-month term” — has been paired up with a development exit loan offered by a… Read More