Investment Platforms and Marketplaces

August 22, 2020 @ 2:21 pm By Omar Faridi  |  

Australia based Parpera, a Fintech firm that’s focused on developing a digital ​banking solution for business owners and freelance or gig economy workers, has opened shares for trading with Equitise, an equity crowdfunding platform. Established by former EY management consultant Daniel Cannizzaro, Parpera shares are… Read More

August 21, 2020 @ 3:04 pm By Omar Faridi  |  

Crypto exchange OKEx notes that the recent surge in the digital asset market, which is being led by Bitcoin (BTC), the flagship cryptocurrency, has been driven by the explosive growth of the decentralized finance or DeFI ecosystem. The OKEx team confirms that Ethereum (ETH) experienced… Read More

August 20, 2020 @ 9:03 am By JD Alois  |  

  Crowdcube, the largest crowdfunding platform by volume in the UK that is also active in continental Europe, has announced a secondary offering platform labeled the Direct Community Offer (DCO). According to Crowdcube, the secondary trading platform seeks to “reward early investors with the opportunity… Read More

August 20, 2020 @ 8:00 am By JD Alois  |  

Fast-growing digital asset platform BlockFi has closed on a $50 million Series C funding round led by Morgan Creek Digital, according to a note from the firm. BlockFi reports that this most recent funding round comes after a 10-fold increase in revenue in the last… Read More

August 19, 2020 @ 11:38 pm By Omar Faridi  |  

Numeraire (NMR) is a hedge-fund that crowdsources predictive-trading algorithms while holding weekly competitions. As explained by Gemini, Numeraire aims to redefine prediction-model-building by carrying out weekly tournaments that reward data scientists for creating “high-performing” trading models. Data scientists provide prediction models developed on top of… Read More

August 19, 2020 @ 4:33 pm By JD Alois  |  

LendingClub (NYSE:LC) is the leading online consumer lender in the US and the first big Fintech lender to go public on the NYSE. Over $50 billion in lending has been originated on the platform that claims more than 3 million customers. The last few years… Read More

August 19, 2020 @ 4:20 pm By Samantha Hurst  |  

  Selina Finance, a UK-based online lender that provides secured home equity loans at competitive rates, announced on Wednesday it has relaunched its business loan proposition by doubling its maximum loan term to 10 years. This news comes less than a month after Selina Finance… Read More

August 19, 2020 @ 12:12 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Wednesday its latest report reveals how its network of lenders converged to help secure $8 billion in Paycheck Protection Program (PPP) approvals. The lender reported that more than 100,000 small business owners utilized its online application to access the… Read More

August 19, 2020 @ 10:00 am By JD Alois  |  

PeerStreet, a debt-based real estate investing platform, has announced the launch of a new fund that seeks to expand the ways investors can access real estate investments via its platform, according to a note from the company. The Peer Street Credit Opportunity, LP is said… Read More

August 19, 2020 @ 8:20 am By Omar Faridi  |  

Tallinn-based EvoEstate has reportedly secured €140,000 in additional capital through a pre-seed extension. The Fintech firm has now closed its €320,000 pre-seed investment round. EvoEstate aims to offer an innovative investment platform that’s supported by Lithuanian startup Wise Guys, which is a Hong Kong-based stealth… Read More

August 19, 2020 @ 8:11 am By JD Alois  |  

Peer to peer lender Assetz Capital has announced a partnership with Aros Kapital to assist with lending under the Coronavirus Business Interruption Loan Scheme (CBILS). Assetz Capital was approved for accreditation as a CBILS lender in May. Gustav Rocklinger, CEO at Aros Kapital Limited, stated:… Read More

August 18, 2020 @ 9:58 pm By Omar Faridi  |  

The (Ethereum) ERC-20 token standard has become the most widely-used way to issue digital assets and assign cryptocurrency or blockchain protocol voting rights on the Ethereum (ETH) blockchain, the world’s largest platform for building decentralized applications (dApps). Crypto exchange Coinbase notes that when assessing an… Read More

August 18, 2020 @ 9:47 pm By Omar Faridi  |  

The team at Binance, the world’s largest digital asset exchange, notes that during the past month, the total market cap of Bitcoin (BTC) and other cryptos surged by around $100 billion, as it went from about $270 billion to $370 billion, according to CoinMarketCap data… Read More

August 18, 2020 @ 12:48 pm By JD Alois  |  

NextSeed, an online investment platform, has announced a partnership with Civitas Capital Group regarding real estate investment offerings. NextSeed started life as a funding portal offering small business debt securities under Reg CF open to all investors. Not too long ago, NextSeed became a FINRA… Read More

August 18, 2020 @ 11:57 am By JD Alois  |  

Alternative investment platform YieldStreet has responded to queries regarding a recent report alleging that the Securities and Exchange Commission (SEC), as well as the Federal Bureau of Investigation (FBI), were investigating specific securities issued via the platform. Last week, it was reported that both the… Read More

August 17, 2020 @ 8:55 pm By Omar Faridi  |  

Huobi Group, a major blockchain and digital assets service provider that operates cryptocurrency exchanges and related services, has revealed that it has launched Huobi DeFi Labs. According to a release, Huobi DeFi Labs will focus on research, investment, and incubation of decentralized finance projects. The… Read More

August 17, 2020 @ 4:34 pm By JD Alois  |  

This past week, it was announced that Israel has established diplomatic relations with the United Arab Emirates (UAE), a ground-breaking shift in foreign relations for a volatile region. The deal was announced by President Trump, Israel, and the UAE that the countries have agreed to… Read More

August 17, 2020 @ 10:27 am By JD Alois  |  

CoinDCX, a crypto exchange that claims to be the largest in India, says its fiat to crypto product Insta has experienced 38% month over month growth in volume, according to a statement by the firm. The company claims that Insta has become India’s most trusted… Read More

August 16, 2020 @ 9:36 pm By Omar Faridi  |  

The Aave protocol, an open-source and non-custodial DeFi protocol to earn interest on digital asset deposits while also being able to borrow assets, now has a market cap of more than $1 billion (at the time of writing). In February 2020, the entire decentralized finance… Read More

August 16, 2020 @ 8:28 pm By Omar Faridi  |  

US-based digital asset exchange Coinbase claims that it was launched to offer “a reliable, trusted, and safe bridge” for consumers interested purchasing and selling cryptocurrency. Coinbase says it aims to offer the best investing experience for its clients. The exchange is now providing new investing… Read More