Investment Platforms and Marketplaces

August 4, 2021 @ 8:00 am By JD Alois  |  

MakersPlace has announced a $30 million Series A funding round co-led by Bessemer Venture Partners and Pantera Capital, along with the backing of Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital, Coinbase Ventures, and Sony Music Entertainment. Angel investors in the round include multiple well-known… Read More

August 3, 2021 @ 9:35 am By Omar Faridi  |  

Digital currency exchange Independent Reserve revealed on Monday (August 2, 2021) that it had acquired an “in-principle approval” letter for a Major Payment Institution License in Singapore from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) “to operate as a regulated… Read More

August 3, 2021 @ 9:16 am By JD Alois  |  

CrowdProperty recently returned to Seedrs to raise growth capital once again. This time, the Proptech raised over £1.8 million from 793 investors. The offering was initial pegged at a target of £800,000. Investors purchased equity at a pre-money valuation of £29.4 million. The offering was… Read More

August 2, 2021 @ 11:59 pm By JD Alois  |  

GenoCrowd, a partnership between Raiffeisenbank im Hochtaunus and CrowdDesk, has announced its first securities offering for a property project in Leipzig. GenoCrowd GmbH, a 100% subsidiary of CrowdDesk GmbH. Both GenoCrowd GmbH and CrowdDesk GmbH are companies that are independent of Raiffeisenbank im Hochtaunus eG…. Read More

August 2, 2021 @ 9:57 pm By Omar Faridi  |  

Forus Capital, a Saudi Arabia-headquartered Islamic P2P lending marketplace, has secured funding via a Series A round (for an undisclosed amount). As noted by its management: “Forus Capital [is an] Islamic debt marketplace that enables investors to invest in a marketplace of alternative loans targeted… Read More

August 2, 2021 @ 11:38 am By JD Alois  |  

tZERO ATS (alternative trading system) reports that it will list Exodus Movement, Inc. Class A common stock for secondary trading. Exodus issued securities under Reg A+, a securities exemption that allows the issuer to immediately trade shares on an exchange or ATS. Exodus closed its… Read More

August 2, 2021 @ 11:12 am By Omar Faridi  |  

The developers at Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, have revealed that Ocean now makes multi-network “even easier.” The Ocean Protocol developers reported that they’ve simplified multi-network on Ocean… Read More

August 1, 2021 @ 11:47 am By JD Alois  |  

StartEngine, a full-stack investment crowdfunding platform, is claiming the title as the top Reg CF / Reg A+ funding during Q2 in regards to the amount of capital raised for firms using these securities exemptions. In March of 2021, the Securities and Exchange Commission (SEC)… Read More

July 31, 2021 @ 2:43 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) has announced new enforcement actions against digital assets firm Binance. The cryptocurrency exchange operator has been accused of illegally operating its trading platform in Malaysia. The SC has now ordered Binance to immediately disable access to its website as well… Read More

July 31, 2021 @ 9:04 am By Omar Faridi  |  

Latvia-based P2P lending platform Sun Finance has exceeded the €1 billion (appr £851.7 million) milestone in the total loans provided. The company reveals that it’s on track to end 2021 with €200 million in earnings. Established in January 2017, the Sun Finance platform has managed… Read More

July 30, 2021 @ 11:01 pm By Omar Faridi  |  

The team at UK-based P2P lender Blend Network notes that the Covid-19 pandemic may be subsiding, however, the “new normal” may not look the same as 2019. As noted by Blend Network, market participants are increasingly concerned about inflation, especially during recent months. The P2P… Read More

July 30, 2021 @ 4:11 pm By Omar Faridi  |  

The team at Assetz Capital, a marketplace lending platform originating secured loans, notes that after the end of the previous COVID-19 loan schemes, the UK Government launched the new Recovery Loan Scheme (RLS). Assetz Capital was accredited to lend via the RLS scheme on July… Read More

July 30, 2021 @ 4:06 pm By Omar Faridi  |  

IuteCredit, a European personal finance firm, has shared its unaudited results for the first 6 months of 2021. As noted by the Mintos team, luteCredit has reported its operational, strategic, and financial highlights of its business, as well as comments from its Chief Executive. Operational… Read More

July 30, 2021 @ 12:37 pm By Omar Faridi  |  

The team at digital assets firm OKEx reveals that OKExChain (OEC) has hit over $1 billion in total value locked (TVL) in just the past 24 hours. As previously reported, OKExChain is a set of open-source blockchain projects developed by OKEx. They aim to support… Read More

July 30, 2021 @ 11:11 am By JD Alois  |  

Earlier this week, a tidal turbine went online generating sufficient power to provide enough electricity for 2000 homes. Towed and anchored off the coast of Scotland, the Orbital O2 is predicted to operate for around 15 years. The project came to fruition with the assistance… Read More

July 30, 2021 @ 7:56 am By Omar Faridi  |  

UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that during the month of July 2021, new changes to the Prompt Payment Code came into effect. Announced in January of this year, the changes have been designed “to strengthen the position… Read More

July 30, 2021 @ 7:48 am By Omar Faridi  |  

The team at European P2P lending service provider Bondora notes that while return rates on their platform originations declined in June when compared to figures from May 2021, returns over the most recent few years “were still above their target rates.” The Bondora team has… Read More

July 29, 2021 @ 8:23 am By Omar Faridi  |  

Crowdcube, the European marketplace for shares in private firms, and Crunchbase, an established data platform, have partnered in order to power the “most comprehensive” and transparent platform for private company investment in Europe. Cubex, which officially goes live today (July 28, 2021), will feature “rich”… Read More

July 28, 2021 @ 4:32 pm By JD Alois  |  

Online investment platform Republic is celebrating 5 years of operations having facilitated over $500 million in online capital formation. A sister company of AngelList and CoinList, Republic initially entered the Reg CF sector of crowdfunding in the summer of 2016 soon after Title III of… Read More

July 27, 2021 @ 6:07 pm By JD Alois  |  

Investment crowdfunding in Australia, or crowd-sourced funding (CSF), has doubled in the first half of 2021 in comparison to the same period year prior according to a note provided by Birchal. In aggregate since CSF became legal, over 144 Australian SMEs have raised over $100 million… Read More