Investment Platforms and Marketplaces

September 29, 2020 @ 2:58 pm By Omar Faridi  |  

1inch.exchange, a decentralized or non-custodial crypto exchange (DEX) aggregator, notes that they’re always working on making improvements to the overall security of their service. The 1inch team confirmed that they’ve teamed up with Hacken, an established provider of cybersecurity solutions. The 1inch team stated: “We… Read More

September 28, 2020 @ 10:10 pm By JD Alois  |  

Seeking to fund digital infrastructure and deep tech startups, Crowdcube is partnering with Episode 1, investors in Zoopla, Shazam, and carwow, according to a release. The £100 million fund will invest in the next generation of infrastructure and deep tech startups in the digital sector…. Read More

September 28, 2020 @ 11:47 am By JD Alois  |  

Younited Credit Germany, an expansion by France based Younited Credit, reports having originated over €10 million in loans since launch in February of 2020. Younited Credit is a European online credit platform, certified by the French authority in charge of financial stability and customer protection (ACPR)…. Read More

September 27, 2020 @ 7:00 pm By JD Alois  |  

NYCE, a real estate investment firm, recently raised $1 million using the Reg CF security exemption. Under current rules, $1.07 million is the maximum amount an issuer can raise in an offering. But NYCE used a bit of a different strategy to complete the funding round… Read More

September 27, 2020 @ 6:14 pm By Omar Faridi  |  

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

September 25, 2020 @ 10:31 pm By Samantha Hurst  |  

Mirakl, a marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale, announced earlier this week it secured $300 million through its latest investment round, which was led by  Permira, with participation from long term investors… Read More

September 25, 2020 @ 5:48 pm By JD Alois  |  

Invesdor, an investment crowdfunding platform based in Finland, has relaunched its website and branding. In recent months, Invesdor has had a change in leadership as founder Lasse Mäkelä stepped down as CEO to be replaced by Günther Lindenlaub. Invesdor completed a significant merger with debt-based… Read More

September 25, 2020 @ 12:15 pm By Omar Faridi  |  

Trent McConaghy, Founder at Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, explains that the Ocean Protocol aims to “equalize the opportunity to access and monetize data.” According to McConaghy, data marketplaces… Read More

September 24, 2020 @ 11:00 pm By Omar Faridi  |  

Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI), which is an association of 156 Fintech lenders, is reportedly planning to work cooperatively with the Indonesian government to distribute funds that are meant to offset the economic problems and challenges created due to COVID-19. As of September 2020,… Read More

September 24, 2020 @ 1:58 pm By Samantha Hurst  |  

Santander Bank announced on Thursday it has joined forces with Roostify for its digital home lending platform, EZApply. According to Santander, the platform provides a “convenient” way for customers to apply for the bank’s home lending services. Santander further explained that the platform offers a… Read More

September 23, 2020 @ 12:37 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday it is teaming up with the American Institute of Certified Public Accountants (AICPA), its business and technology arm, CPA.com, to launch a new small business funding platform, CPALoanPortal.com. According to Biz2Credit, the platform was created to help… Read More

September 23, 2020 @ 10:51 am By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Tuesday it has undergone a period of significant growth in 2020 despite the COVID-19 pandemic. The funding platform reported it saw an increase in customers this year and surpassed the 13,350 milestone. DiverseyFund further noted that it… Read More

September 23, 2020 @ 10:28 am By JD Alois  |  

Binance Futures, a crypto derivatives exchange, is reporting $1 trillion in trading volume – year to date. Binance Futures started a year ago in September 2019 and claims title as the market leader. Binance Futures is part of Binance – the world’s largest digital asset… Read More

September 22, 2020 @ 11:49 pm By Omar Faridi  |  

JustUs, a UK-based peer to peer (P2P) lender, has reportedly started taking applications for the Small Business Interruption Loan Service (SBILS) in order to offer funding for companies that might not have been able to acquire financial assistance via the Coronavirus Business Interruption Loan Scheme… Read More

September 22, 2020 @ 9:51 pm By JD Alois  |  

LendingClub (NYSE:LC), a top marketplace lender serving consumers, says two recent studies indicate that personal loan payments take priority over paying off credit cards. Of course, this is good news for LendingClub – a long time advocate of cheaper personal loans versus expensive credit card… Read More

September 22, 2020 @ 8:17 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, has launched what it calls the “Innovation Zone,” which will permit certain users to trade newer cryptocurrency token offerings directly from their Binance account, while protecting “less suited” traders from being exposed to the potential risks that come… Read More

September 22, 2020 @ 7:00 pm By JD Alois  |  

CrowdStreet: COVID Will Accelerate Trends Already in Place Real estate investing has been impacted by the ongoing COVID-19 health crisis – as it has many other industries. In the online investing sector, many platforms have reported a rapid decline in activity during the early days… Read More

September 22, 2020 @ 10:01 am By JD Alois  |  

BioCatch, a behavioral biometrics firm that seeks to uncover attempts at fraud, has partnered with Experian on fraud detection. According to a release, the two companies combined proved that layering multiple identity and fraud detection capabilities can help authenticate legitimate customers, improve their experience, and… Read More

September 22, 2020 @ 8:03 am By Omar Faridi  |  

MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, has cautioned that many UK-based SMEs could soon run out of cash. This, as the government-backed funding schemes are scheduled to end soon. The Coronavirus Business Interruption Loan Scheme (CBILS) will end on September… Read More

September 22, 2020 @ 7:46 am By Omar Faridi  |  

Triterras, a blockchain-based Fintech solution provider for trade finance, has revealed that its Kratos marketplace has handled approximately $5 billion of trade finance volume during the past six months ending on August 31, 2020. Kratos is a large commodity trading and trade finance platform that… Read More