Investment Platforms and Marketplaces

July 5, 2021 @ 8:45 am By Omar Faridi  |  

Fellow Finance Plc, a loan-based crowdfunding and peer-to-peer lending platform offering services in Finland and 70 other countries, reports that in June 2021, its loan investors funded business and consumer loans “worth €18M.” Fellow Finance, which aims to transform the traditional financing and payments to… Read More

July 4, 2021 @ 8:58 pm By Omar Faridi  |  

European online lender October has shared key insights from its Netherlands CEO Luuc Mannaerts. Luuc, who earned his Masters in Business Economics, with a specialization in Finance and Strategy, reveals that when he was around 40 years of age, he went to INSEAD where he… Read More

July 4, 2021 @ 4:02 pm By Omar Faridi  |  

Following digital asset firm Kraken’s listing of Solana (SOL) on June 17, 2021 for most jurisdictions, the company is pleased to confirm that Solana trading and staking will be available to US, Canada and Australia residents as well. As mentioned in an update from Kraken:… Read More

July 2, 2021 @ 9:47 am By JD Alois  |  

The Securities and Exchange Commission of Thailand is the next jurisdiction to target the world’s largest cryptocurrency exchange. According to a posting by the securities regulator, the Thai SEC has filed a criminal complaint against Binance for operating a digital asset business without a license…. Read More

July 1, 2021 @ 2:11 pm By JD Alois  |  

As has been long anticipated, Robinhood Markets, Inc. has publicly filed a Form S-1 with the Securities and Exchange Commission (SEC) in pursuit of an initial public offering (IPO). Robinhood expects to float its shares on the Nasdaq under the ticker symbol HOOD. Robinhood is… Read More

July 1, 2021 @ 11:28 am By Tony Zerucha  |  

Latin American cryptocurrency exchange Mercado Bitcoin today completed a $200 million Series B raise from the SoftBank Latin America Fund, Mercado Bitcoin parent company 2TM Group announced. 2TM Group now has a $2.1 billion valuation. The funds are earmarked for product and technology development along with… Read More

July 1, 2021 @ 11:17 am By Omar Faridi  |  

The team at digital assets firm Coinbase (COIN:Nasdaq) notes that securing smart contracts from risks still remains a significant challenge. As mentioned in an update shared with Crowdfund Insider, Coinbase noted that unaddressed security vulnerabilities are “readily turning into existential threats to your token’s viability.”… Read More

July 1, 2021 @ 9:34 am By Omar Faridi  |  

European peer-to-peer lending platform Mintos has released its latest Risk Score updates. As noted by the Mintos team, this most recent update is based on key developments and data analyzed during Q1 2021. Mintos writes in a blog post that if you are new to… Read More

July 1, 2021 @ 9:23 am By JD Alois  |  

Mintable, an NFT marketplace and platform for creating NFTs, says it has closed on an over-subscribed Series A funding round raising $13 million. The funding saw the participation of Ripple, Animoca Brands, Metapurse, Doug Band, a former advisor to Bill Clinton, and Jon Oringer, founder… Read More

July 1, 2021 @ 8:10 am By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum notes that raising funds for SMEs can be quite a challenging and stressful experience. Until only recently, the choice had been between the different types of loans provided mainly by traditional banking institutions, which involve tedious application processes… Read More

July 1, 2021 @ 7:50 am By Omar Faridi  |  

The team at European P2P lender Bondora reports that 2021 return rates have been zooming past their targets. As noted by Bondora in a blog post dated June 28, 2021, investment returns on platform originations showed “signs of positive growth” during the month of May… Read More

June 30, 2021 @ 9:31 am By JD Alois  |  

Deutsche Börse Group has acquired majority ownership in Crypto Finance AG. In a public statement, Deutsche Börse said this builds upon its ability to support digital assets by providing a direct point to invest in crypto as well as providing custody. Deutsche Börse said it paid… Read More

June 30, 2021 @ 7:34 am By Omar Faridi  |  

The team at UK-based Blend Network, a peer-to-peer lending platform, notes that recent market developments in the United Kingdom have seen investors preparing for expected growth and may also want to watch out for inflation. As mentioned by Blend Network, headlines and concerns regarding inflation… Read More

June 29, 2021 @ 9:53 pm By Tony Zerucha  |  

Digital twin AI platform Cityzenith has joined forces with Rialto Markets’ new ATS. Rialto Markets will serve as deal manager for Cityzenith’s $15 million Regulation A+ raise. According to IBM, digital twins are virtual representations of objects or systems that span its entire lifecycle. Based… Read More

June 28, 2021 @ 3:48 pm By JD Alois  |  

Netcapital Inc. (OTC: NCPL), is a publicly-traded Fintech that provides online capital formation largely by utilizing the Reg CF securities exemption with its FINRA regulated funding portal Netcapital.com. In an interesting move, Netcapital Inc. listed its shares on the OTC Markets (OTCQX) earlier this year…. Read More

June 28, 2021 @ 10:27 am By JD Alois  |  

tZERO has announced a new iteration of the tZERO Crypto app, a cryptocurrency trading platform available on iOS and Android devices. The tZERO Crypto app now supports $25,000 per day deposit limits as part of its standard offering. According to tZERO, beyond the higher buy… Read More

June 27, 2021 @ 10:21 pm By Omar Faridi  |  

UK-based Assetz Capital, a peer-to-peer lender that originates secured loans, notes that it’s pleased to be offering a summer rate “reduction of 0.45%” across all of its loan products to borrowers until July 31, 2021. As mentioned in a blog post by the Assetz Capital… Read More

June 27, 2021 @ 7:59 pm By Omar Faridi  |  

Paxful, a globally accessible peer-to-peer marketplace supporting transactions with Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), reveals that its digital commerce solution has been allowing businesses and individuals to seamlessly receive and send payments. Paxful now supports nearly 400 different payment methods on its platform…. Read More

June 27, 2021 @ 11:54 am By JD Alois  |  

Yesterday, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. The FCA stated that n other entity in the Binance Group holds any form… Read More

June 27, 2021 @ 11:42 am By Omar Faridi  |  

Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s management confirmed on Friday (June 25, 2021) that all Ontario-based customers need to close out their active positions by… Read More