Investment Platforms and Marketplaces

September 10, 2021 @ 7:52 am By Omar Faridi  |  

Switzerland’s stock exchange SIX has reportedly acquired regulatory approval from the financial market supervisor for its SDX bourse. This should help with paving the way for the platform to be deployed with its marketplace for crypto-assets. Thomas Zeeb, Global Head of Exchanges at SIX, noted… Read More

September 9, 2021 @ 9:43 pm By Tony Zerucha  |  

Coinbase has established Protocol, a team that will be working on scaling Ethereum by integrating it with other solutions. Its first scaling solution to be implemented will be Polygon PoS. The Coinbase Protocol team is an experienced group of engineers at Coinbase focused on contributing… Read More

September 9, 2021 @ 9:20 pm By JD Alois  |  

Lisa Jacobs, Managing Director of Funding Circle UK  (LSE: FCH)  will succeed Samir Desai CBE as Chief Executive Officer beginning January 1st, 2022. The news was revealed today alongside Funding Circle’s financial results. Jacobs joined Funding Circle in September 2012 as Chief Strategy Officer. Prior… Read More

September 9, 2021 @ 1:30 pm By Omar Faridi  |  

Crediverso, the Hispanic-owned personal finance products firm, reveals that it has introduced a bilingual platform and a financial products marketplace tool “to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population,” according… Read More

September 8, 2021 @ 7:48 am By JD Alois  |  

Peer to peer SME lender Linked Finance says that business optimism is back to pre-pandemic levels even while the Delta/Mu COVID variants capture headlines. Linked Finance, operating in Ireland, reports in its inaugural Linked Finance SME Confidence Index, referencing research conducted by Behaviours & Attitudes, was… Read More

September 7, 2021 @ 10:49 pm By Omar Faridi  |  

Kita Jaga, a digital social mobile app meant for supporting individual consumers and families that may have been affected by the COVID-19 crisis, is planning to secure RM 200,000 (appr. $48,500) via a charity crowdfunding campaign to be conducted on GlobalSadaqah. GlobalSadaqah is an Islamic… Read More

September 7, 2021 @ 8:36 am By Omar Faridi  |  

European P2P lender Mintos reveals that it has reached another key milestone with EUR 7 billion of loans now funded via its platform. The Mintos team writes in a blog post, dated September 6, 2021, that it’s been a year of milestones for them, and… Read More

September 5, 2021 @ 5:21 pm By Omar Faridi  |  

During this month’s installment of “Did you know” by P2P lender Blend Network, they’re sharing some of the “secrets” of their due diligence and underwriting process so that you get to know more about the processes they go through to “ensure that you and hundreds… Read More

September 5, 2021 @ 9:13 am By Omar Faridi  |  

Lending platform RateSetter’s pre-tax losses have reportedly doubled in its last year operating as a P2P lending platform. This, according to the service provider’s annual accounts. The consumer lending business, which has been acquired by Metro Bank, noted that it recorded a £22.3 million lost… Read More

September 5, 2021 @ 9:08 am By Omar Faridi  |  

Croatian peer-to-peer lender Robo.cash notes that 62% of European P2P investors “support the opportunity” of purchasing loans via the secondary market. The increasing demand for this option is mainly driven by experienced clients with adequate funding, the Robo.cash team writes in a blog post. During… Read More

September 4, 2021 @ 7:00 pm By JD Alois  |  

Last month Coinberry became the first “pure-play registered crypto trading platform” in Canada. At that time, Coinberry CEO Andrei Poliakov commented: “Canadians have been seeking a safe, trustworthy, and regulated platform to acquire crypto assets for far too long. We are finally thrilled to offer them… Read More

September 4, 2021 @ 2:43 pm By Tony Zerucha  |  

A look at the projects which have raised at least $1 million on crowdfunding platform Republic provides good insight into our collective psyche and how our consumption has been affected by the COVID-19 pandemic. Topping the list is Digital Eclipse, which taps into our needs… Read More

September 3, 2021 @ 10:19 am By JD Alois  |  

Cabital, a crypto exchange, wallet, and yield platform, has raised $4 million in seed funding according to a note from the company. Investors include SIG, Dragonfly, and GSR. The post-money valuation was pegged at $40 million. Cabital reports that it previously raised $3 million in… Read More

September 2, 2021 @ 3:14 pm By Tony Zerucha  |  

Nobody Studios, a globally distributed, high-velocity venture studio is marking its launch by committing to create 100 companies in the next five years – and, soon, offering equity across its entire portfolio through the studio’s first crowdfunding campaign. They work with investors, founders, and creatives… Read More

September 2, 2021 @ 8:42 am By JD Alois  |  

As was previously reported, TWINO, a peer to peer lending marketplace for consumer loans, has been approved by the Latvian Financial and Capital Market Commission (FCMC) to operate as an Investment Brokerage. TWINO has now shared some additional information as to how it will operate… Read More

September 1, 2021 @ 9:00 am By Omar Faridi  |  

LendingHome, one of the country’s largest lenders to real estate investors, reveals that it will change its name in “coming months” and rebrand as Kiavi. According to a release shared with CI, the new name, which comes from the phonetic representation of the Italian word… Read More

August 30, 2021 @ 9:43 pm By Omar Faridi  |  

MX Exchange has reportedly received full approval from the Securities Commission Malaysia (SC) to serve as a Recognized Market Operator-Digital Asset Exchange (RMO-DAX) for the trading of virtual currencies in the Southeast Asian country. This makes MX Exchange only the fourth DAX to offer compliant… Read More

August 30, 2021 @ 8:03 pm By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, is raising money for itself once again using the Reg A+ securities exemption. StartEngine utilizes several securities exemptions to raise capital online including Reg A+ and Reg CF as well as Reg D (506c)…. Read More

August 29, 2021 @ 11:34 pm By Omar Faridi  |  

European P2P lender Bondora reveals that returns are holding steady. Investor returns via the platform for 2021 originations were “higher in July compared to June,” the company noted in a recent update. Here are the key takeaways for July 2021’s portfolio performance (as shared by… Read More

August 29, 2021 @ 11:00 pm By Omar Faridi  |  

Ethis Global Sdn Bhd, which operates “regulated” Shariah-compliant, “ethical” and impact focused investment crowdfunding platforms in Indonesia and Malaysia and social finance platform GlobalSadaqah, recently revealed that it finalized an RM6.8 million (appr. $1.62 million) pre-Series A round. The proceeds have will be allocated towards… Read More