Investment Platforms and Marketplaces

April 28, 2021 @ 9:44 pm By Omar Faridi  |  

EquityNet, the “pioneer” of business crowdfunding, revealed on Tuessday (April 27, 2021) that it’s introducing a new type of patented crowdfunding platform that “advances the state-of-the-art in the industry.” According to a release, the new platform technology offers “unique campaign promotion and communication abilities for… Read More

April 28, 2021 @ 2:03 pm By JD Alois  |  

StartEngine, one of the largest securities crowdfunding platforms in the US, is in the midst of pitching a forthcoming investment round in the platform. Under the Reg A+ securities exemption, StartEngine may “test the waters” to gauge investor demand for a securities offering. StartEngine has… Read More

April 28, 2021 @ 8:01 am By Omar Faridi  |  

The Helvetia Venture Fund is reportedly making an investment in Germany’s Baufi24, a property finance firm, by acquiring its shares as part of a Series A round. btov, a VC company, has also taken part in the investment round along with Helvetia Venture Fund. The… Read More

April 27, 2021 @ 11:55 pm By Omar Faridi  |  

The Malaysia Co-Investment Fund (MyCIF) has reportedly made a co-investment of RM165 million (appr. $40.27 million) in 5,349 equity crowdfunding and peer-to-peer financing (P2P) initiatives, which aims to benefit 1,197 Malaysian MSMEs by the end of last year. Since its October 2019 launch, these Malaysia-based… Read More

April 27, 2021 @ 1:56 pm By JD Alois  |  

Binance, the world’s largest crypto exchange, announced a forthcoming NFT market to launch this coming June. NFTs or non-fungible tokens have boomed in recent months. While in existence for years, the advent of the sale of a work of digital art by Beeple for over… Read More

April 27, 2021 @ 11:44 am By JD Alois  |  

BlockFi, a fast-growing digital asset platform, has notified users that interest rates paid to lenders will decline beginning May 1, 2021. In a tweet, BlockFi stated: rates and tiers for Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Litecoin (LTC), and PAX Gold (PAXG) are changing.  … Read More

April 27, 2021 @ 7:05 am By Omar Faridi  |  

European peer-to-peer lending platform Bondora recently shared details regarding its 2020 portfolio performance. The Bondora team notes that after remaining quite steady at 17.4% for two straight months, the 2020 return rate for originations increased “ever so slightly to 17.5% in March.” The P2P lender… Read More

April 27, 2021 @ 6:59 am By Omar Faridi  |  

UK-based Blend Network, an online P2P lender, reveals that the average UK house prices “grew by 5.7% year-on-year in March.” Blend Network added in its latest property market report that activity has slowed down from December 2020’s 6-year high growth of 7.3% year-on-year. But price… Read More

April 26, 2021 @ 10:05 pm By Omar Faridi  |  

Digital asset exchange Poloniex revealed on April 25, 2021, that it’s pleased to welcome Dego Finance (DEGO) to its DeFi Innovation Zone. DEGO has reportedly joined over 100 other DeFi assets on Poloniex. Starting now (as of April 25), wallets are open and clients may… Read More

April 26, 2021 @ 12:14 pm By Samantha Hurst  |  

  Online lending platform Lendio recently announced it has facilitated more than 213,000 Paycheck Protection Program (PPP) loan approvals, totaling $9.8 billion. According to Lendio, the PPP re-opened in January 2021 with new rules implemented by Congress intended to equitize access to relief funding for minority-owned… Read More

April 25, 2021 @ 3:17 pm By Omar Faridi  |  

Peer-to-peer lending marketplace Mintos revealed, earlier this week, that the lending firm E-Cash has informed them of its intentions to “wind down” the business. The Mintos team noted that E-Cash is currently in the process of “working out the details” of how it plans to… Read More

April 25, 2021 @ 2:26 pm By Omar Faridi  |  

Lithuania-based Debitum, which offers borderless small business financing, reveals that March 2021 was a “challenging” month for the platform but the team still reportedly managed to achieve several key milestones. Debitum writes in a blog post update that at the end of March 2021, the… Read More

April 23, 2021 @ 7:56 am By Omar Faridi  |  

European online lender  October says its always looking for and finding ways to empower businesses by simplifying and “democratizing” their funding. Since 2014, October has been helping SMEs in five different countries, becoming one of the leading small business lending platforms in Europe. October confirms… Read More

April 22, 2021 @ 11:47 pm By Omar Faridi  |  

Digital assets firm Coinbase (NASDAQ:COIN) is introducing Project 10 Percent: “Building a culture of repeatable innovation at Coinbase.” Surojit Chatterjee, Chief Product Officer, noted that innovation is “a lot like exercise,” because you need to “approach it with discipline, or you can easily fall out… Read More

April 22, 2021 @ 12:43 pm By JD Alois  |  

Digital investment platform Robinhood has selected Christine Brown to lead Robinhood Crypto as Chief Operating Officer, according to a statement by the company. Brown is expected to oversee all of Robinhood’s crypto operations and compliance. Currently an employee at Robinhood, Brown is expected to keep… Read More

April 20, 2021 @ 9:15 pm By Omar Faridi  |  

On Tuesday, April 20, 2021, Coinbase Pro will be adding support for new order books for several major digital assets including the Basic Attention Token (BAT), Cardano (ADA), Decentraland (MANA) and USDC (USDC). As noted in a blog post by the digital assets firm, the… Read More

April 20, 2021 @ 5:31 pm By JD Alois  |  

Binance.US, an offshoot of Binance – the largest crypto exchange in the world, has hired the former Comptroller of the Currency, Brian Brooks, as its new Chief Executive Officer. In a strategic coup, Brooks will now be leading Binance.US, a top ten crypto exchange, in… Read More

April 20, 2021 @ 11:00 am By JD Alois  |  

Modiv, formerly operating as Rich Uncles, is seeking to open up real estate investing for smaller investors with unlisted REITS. Recently, the company announced the filing of a registration statement for Modiv Acquisition Corp. or “MAC SPAC” – looking to gain entry into the hot… Read More

April 20, 2021 @ 8:55 am By JD Alois  |  

Folk2Folk, a peer-to-peer lender serving UK SMEs, is reporting a big start to the new tax year for its Innovative Finance ISA (IFISA). According to the company, the first week of the new 2021/22 tax year saw a 200% increase in ISA inflows compared to… Read More

April 20, 2021 @ 8:23 am By Samantha Hurst  |  

  Bespoke Financial, a U.S.-based fintech that provides debt financing to cannabis companies, announced on Tuesday it raised $8 million through its Series A funding round, bringing the company’s total funding to date to over $28 million. According to Bespoke, the investment round was led… Read More