Investment Platforms and Marketplaces

July 22, 2020 @ 11:44 pm By Omar Faridi  |  

Fintech lender and digital bank Zopa has reportedly partnered with UK-based Paylink Solutions, a software developer that provides solutions for the lending and mortgage industries. Zopa, which was recently awarded a full bank license, confirmed that it would be using Paylink’s cloud-powered online income and… Read More

July 22, 2020 @ 4:04 pm By JD Alois  |  

The Ontario Securities Commission (OSC) has approved a settlement agreement with Coinsquare Ltd., a top crypto exchange based in Canada. According to the OSC, Coinsquare executives  Cole Diamond, Virgile Rostand and Felix Mazer have settled allegations of market manipulation on the Coinsquare platform that mislead… Read More

July 22, 2020 @ 10:14 am By JD Alois  |  

tZERO, a blockchain-based subsidiary of Overstock (NASDAQ:OSTK), will list digital security issued by Aspen Digital Inc. (ASPEN). The security token will trade on the tZero ATS. ASPEN is said to represent $18 million of indirect ownership in the St. Regis Aspen Resort in Aspen, Colorado…. Read More

July 22, 2020 @ 9:55 am By Samantha Hurst  |  

Global financial service platform Kabbage announced on Wednesday the launch of  Kabbage Checking, which is a new business checking account built for small businesses. According to Kabbage, the checking account gives small businesses the same capabilities, convenience, and security they expect with a traditional checking… Read More

July 21, 2020 @ 9:39 pm By JD Alois  |  

PledgeMe, an investment crowdfunding platform operating in New Zealand, is reporting the first dividends paid from a crowdfunded securities offer. According to PledgeMe, Wellington-based payroll intermediary company, Thankyou Payroll, announced their first dividend payment at their AGM last night. “We understand that we’re not only… Read More

July 21, 2020 @ 4:07 pm By JD Alois  |  

Real estate crowdfunding platform Groundfloor says it had a record-breaking quarter. According to a post on its offering page, Groundfloor states that it experienced an investment volume record during Q2: “This past Q2 2020, the company generated its highest quarterly retail investment volume in the… Read More

July 20, 2020 @ 2:13 pm By JD Alois  |  

StartEngine, one of the largest crowdfunding platforms in the US, has formed a partnership with Jamestown Invest to facilitate real estate investment opportunities. According to a release,  the new online real estate investment vehicle will offer property investments under Reg A+. Reg A+ is a… Read More

July 20, 2020 @ 7:58 am By JD Alois  |  

Maksab, a blockchain-enabled digital platform that aims to promote high growth opportunities via a virtual deal-making marketplace, has launched in Dubai.  The company notes that MENA based startups have raised over USD $659 million in the first half of 2020, a 35% increase compared to… Read More

July 20, 2020 @ 7:41 am By Omar Faridi  |  

The Securities Commission (SC) of Malaysia, which recently warned residents about facing lengthy prison sentences and fines for operating unlicensed Cryptocurrency ATMs, has specifically mentioned that Binance, the world’s largest digital asset exchange, is not authorized to offer services in the country. The Malaysian SC… Read More

July 19, 2020 @ 10:03 pm By Samantha Hurst  |  

Darqube, a UK-based all-in-one investing, analytics, automated trading, and secure messaging platform,  is set to close its equity crowdfunding campaign on Seedrs later this week with more than £400,000 raised from nearly 560 investors. As previously reported, Darqube’s mission is to equip everyone, from novice… Read More

July 19, 2020 @ 6:08 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase announced on July 16, 2020, that it will support Algorand (ALGO) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers will be able to purchase, sell, convert, send, receive, or store ALGO. The digital asset exchange confirmed… Read More

July 18, 2020 @ 5:41 pm By Omar Faridi  |  

Indonesia’s Fintech lending platforms have reported slowing growth in total loan disbursements due to the COVID-19 outbreak and resulting economic challenges. The pandemic has caused many Indonesian startups to become more careful when channeling their credit. The Asian country’s Fintech Lenders Association (AFPI) deputy chairman… Read More

July 17, 2020 @ 2:25 pm By JD Alois  |  

Steward, a crowdfunding platform for farms, has recently listed a producer of cannabis and “craft hemp” located in Oregon. East Fork Cultivars is located in Takilma in Southern Oregon and is said to be producing high-quality CBD-rich cannabis. Founders Nathan and Aaron Howard started East… Read More

July 17, 2020 @ 1:53 pm By Samantha Hurst  |  

IntelliBonds, a UK-based AI/human collaborative investment platform for fixed income institutional investors, has successfully secured its initial £300,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round has already attracted nearly 250 investors. Founded in 2018, IntelliBonds describes itself as a technology… Read More

July 16, 2020 @ 10:55 pm By Omar Faridi  |  

Robo.cash has revealed that peer-to-peer (P2P) investors on its platform have increased the size of their initial investments despite the COVID-19 outbreak and resulting economic challenges. The European P2P lending platform has reported that the first investment made by investors increased from £822 to €909… Read More

July 16, 2020 @ 8:50 pm By Omar Faridi  |  

The peer to peer lending (P2P) sector in the UK is currently going through one of its biggest challenges ever, because of the COVID-19 outbreak. Jaidev Janardana, CEO at Zopa, believes a large number of Fintech businesses will be forced to shut down during the… Read More

July 16, 2020 @ 5:03 pm By JD Alois  |  

Bloomio has distributed a note indicating its intent to offer a security token issued in Malta. According to the company, Bloomio is registered with the goal of offering securities in the European Union according to the exemptions under the Maltese Companies Act & the EU… Read More

July 16, 2020 @ 4:02 pm By JD Alois  |  

The dust is yet to settle in the Twitter (NYSE:TWTR) hack that saw multiple high profile accounts hacked. Twitter continues to dig through the breech and earlier today, Twitter provided some additional insight as to how the individual was able to exploit the platform. Tough… Read More

July 16, 2020 @ 8:16 am By JD Alois  |  

EstateGuru is reporting strong results during the first 6 months of 2020. According to a release, the pan-European P2P marketplace for asset-backed loans saw significant year over year growth in revenue of 65% even during the COVID-19 lockdown. Marek Pärtel, co-founder and CEO at EstateGuru,… Read More

July 15, 2020 @ 9:55 pm By Omar Faridi  |  

Brian Bartaby, CEO at Proplend, a UK-based peer to peer (P2P) lending platform, wants the UK government to end its moratorium of commercial property rents, because he thinks it’s “unfair.” As first reported by Peer2Peer Finance News, Bartaby thinks that it was wrong for the… Read More