Investment Platforms and Marketplaces

March 1, 2021 @ 11:25 pm By Omar Faridi  |  

Leading crypto exchange Binance notes that their peer-to-peer service helps users establish a “competitive” peer-to-peer digital currency trading business. Since its launch back in October 2019 for just a single market, Binance P2P has become a major global marketplace for peer-to-peer trading of virtual currencies…. Read More

March 1, 2021 @ 8:13 am By Omar Faridi  |  

Online peer-to-peer lender Blend Network notes that the UK was the world’s first country to authorize and begin administering the Pfizer/BioNTech vaccine on December 8, 2020. The vaccine had been on track to immunize 15 million individuals by February 15, 2020. The immunization efforts have… Read More

February 28, 2021 @ 11:48 pm By Omar Faridi  |  

The team at Bondora, a European peer-to-peer lending platform, reveals that their secondary market “remains unpredictable,” growing again during the month of January 2021. The Bondora Secondary Market began the new year in “growth” mode, the company claims. Transactions “totaled €396,072 over January—an 11.7% increase… Read More

February 28, 2021 @ 5:12 pm By Omar Faridi  |  

UK-based peer-to-peer (P2P) lender JustUs says it aims to “disrupt” the lending landscape and become an established provider of crowdfunded financial products for consumers with the JustUs ISA. To undertake Peoples Mortgages, JustUs noted that it will be “required to gain regulatory approval which is… Read More

February 27, 2021 @ 11:50 am By Omar Faridi  |  

First revealed in September 2020, digital asset exchange Kraken is now hard at work “gearing up” to introduce Kraken Bank. The Kraken team notes in a blog post that this new venture is expected to improve the landscape for Bitcoin (BTC) and other digital currency… Read More

February 27, 2021 @ 9:48 am By Omar Faridi  |  

US-based digital asset exchange Gemini says it’s committed to providing an “excellent” customer experience. Gemini states that being accessible to their users and “prompt” with their responses to customer support requests or inquiries remains a “top” priority at the exchange. Recently, the company’s customer support… Read More

February 26, 2021 @ 9:30 pm By Samantha Hurst  |  

  Biz2Credit announced earlier this week it supports Biden-Harris Administration’s changes to the Paycheck Protection Program (PPP). The company claims that the changes will promote more equitable access to funding for small businesses in need of funding during the COVID-19 pandemic. Biz2Credit further revealed it has… Read More

February 26, 2021 @ 5:38 pm By JD Alois  |  

PDAX, a licensed crypto exchange operating in the Philippines, suffered an outage earlier this month. There have been multiple reports that traders were able to purchase Bitcoin at a steep discount during a time when BTC was trading at new all-time highs. A statement from… Read More

February 26, 2021 @ 11:35 am By Omar Faridi  |  

Camille David from European online lender October reveals that 5,672 private investors from all across Europe have reportedly financed the Sandaya project via the October platform – which is notably a new record. Claire Juliard, who leads October Connect, confirmed that this is in fact… Read More

February 25, 2021 @ 9:07 am By JD Alois  |  

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

February 24, 2021 @ 11:44 pm By Omar Faridi  |  

The Westpac Group in Australia has revealed that SocietyOne is its second partner to join­ the institution’s new digital banking-as-a-service (BaaS) platform. SocietyOne is a key Fintech player in the nation’s digital lending sector (having originated more than $1 billion in loans). According to a… Read More

February 24, 2021 @ 10:22 pm By JD Alois  |  

PT Amartha Mikro Fintek a peer-to-peer lender that provides access to capital to micro and small entrepreneurs (MSEs). Founded in 2010, Amartha pivoted into a peer-to-peer lending platform in 2016 and is now one of the biggest P2P lenders in Indonesia. According to Amartha, the… Read More

February 23, 2021 @ 10:56 pm By Omar Faridi  |  

Lithuania-based Debitum, which offers borderless small business financing, notes that December 2020 was the month that “concluded a great year” for the platform. During 2020, Debitum managed to reach several key milestones: more than 3 million EUR outstanding portfolio, more than 20 million EUR of… Read More

February 23, 2021 @ 11:28 am By JD Alois  |  

Letitia James, Attorney General of New York, says that Bitfinex must stop allowing trading for New York investors. The AG says that Bitfinex’s activities are “illegal” in New York.  The agreement requires Bitfinex and Tether to discontinue any trading activity with New Yorkers while paying… Read More

February 22, 2021 @ 11:45 pm By Omar Faridi  |  

EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, notes that the first month of this year was a “successful” one for the platform’s borrowers and investors. EstateGuru revealed that they’ve financed a total of €14 million worth of loans. The P2P lender also confirmed that… Read More

February 22, 2021 @ 11:33 pm By Omar Faridi  |  

Peer-to-peer lending marketplace Mintos reveals that women now help make up 15% of the total number of investors on their platform, with a 43% year-over-year (YoY) growth during 2020. Mintos noted in a blog post that in total, women on the platform have managed to… Read More

February 22, 2021 @ 11:47 am By JD Alois  |  

Vertalo, a digital transfer agent has signed agreements with multiple FINRA regulated funding portals that issue securities under Reg CF (Regulation Crowdfunding). According to a statement from Vertalo, Netshares, Fundopolis, FundersUSA, Infrashares, and Raise Green have each agreed to use the Vertalo service. The agreements… Read More

February 22, 2021 @ 10:30 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions (NYSE:BR) announced on Monday the launch of its new wealth lending network marketplace. According to Broadridge, the marketplace will connect wealth managers to banks and other financial institutions as well as enable wealth manager of all sizes to offer securities-based… Read More

February 22, 2021 @ 9:05 am By JD Alois  |  

Assetz Capital says it has originated a loan via the Coronavirus Business Interruption Loan Scheme (CBILS) to a specialist residential childcare development that has created 80 jobs in Warwickshire. According to the peer-to-peer lender, a £5 million development loan has been provided to Forge Care,… Read More

February 22, 2021 @ 7:38 am By Omar Faridi  |  

An article from Global Capital notes that more securitizations of United Kingdom government-backed SME loans are being carried out in private. Last month, Funding Circle had reportedly finalized a deal with Sixth Street and Barclays. Since the UK’s Coronavirus Business Interruption Loan Scheme (CBILS) was… Read More