Investment Platforms and Marketplaces

June 9, 2020 @ 11:47 am By JD Alois  |  

DeFiner, a non-custodial peer-to-peer network for digital savings, loans, and payments, has integrated with Conflux Network, according to a company release. DeFiner and Conflux are said to be working toward the goal of supporting the development of DeFi on a global scale. DeFiner’s DeFi platform… Read More

June 8, 2020 @ 3:52 pm By Omar Faridi  |  

Digital asset exchange Coinbase confirms that it experienced an outage on June 1, 2020, that reportedly affected the operations of Coinbase.com (mainly for regular or retail traders), Coinbase Pro for professional or institutional traders, and it also impacted the exchange’s mobile applications. Not all cryptocurrency… Read More

June 8, 2020 @ 9:54 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK), has been recognized as the “Best Blockchain Solution of the Year” by Financial Technologies Forum and FTF News. In a release, tZERO CEO Saum Noursalehi stated: “We are proud to be recognized as Best Blockchain Solution of the Year,… Read More

June 8, 2020 @ 8:18 am By Omar Faridi  |  

CapitalRise, an online platform for prime property lending and investing, has reportedly facilitated 37.5% more loan volumes during the first five months of 2020, when compared to its overall lending during its initial 18 months of operation. CapitalRise is a Fintech that previously raised growth… Read More

June 8, 2020 @ 8:02 am By JD Alois  |  

Folk2Folk, a peer to peer lender supporting local and rural businesses, is reporting £17.3 million in loans to SMEs during March, April and May – the midst of the COVID-19 induced lockdown. Folk2Folk states that during this period the total value of loans has increased… Read More

June 7, 2020 @ 10:07 pm By Samantha Hurst  |  

  Pan-European marketplace for short-term SME property-backed loans EstateGuru is set to close its equity crowdfunding campaign on Seedrs with more than €880,000 raised from nearly 1,100 Seedrs investors. Founded in 2013, EstateGuru claims to be the leading European marketplace for short-term, property-backed loans. The… Read More

June 6, 2020 @ 2:14 pm By Omar Faridi  |  

Toronto-based Manzil, a Fintech firm that provides halal (permissible for Muslims) financial services and solutions including mortgages, wants to give the public an opportunity to invest in the firm via a private placement conducted on FrontFundr, a Canada based crowdfunding platform. Manzil’s management noted that… Read More

June 5, 2020 @ 5:24 pm By JD Alois  |  

  StartEngine, a leading US investment crowdfunding platform, reports that its newest Reg A+ offering has been qualified by the Securities and Exchange Commission (SEC). Reg A+ is a securities exemption that allows issuers to raise up to $50 million. An offering must be approved… Read More

June 5, 2020 @ 2:08 pm By Samantha Hurst  |  

TomoChain, a Singapore-based cryptocurrency exchange platform, is reportedly set to launch a new peer-to-peer lending feature this weekend through its newly launched TomoDEX platform. Founded in 2017, TomoChain claims to be the “most effective” platform for the token economy. The platform reported that its mission… Read More

June 4, 2020 @ 4:15 pm By JD Alois  |  

SeedInvest, a top US-based investment crowdfunding platform, is reporting solid performance during a difficult period when much of the country has been shuttered due to the Coronavirus pandemic. In a blog post, SeedInvest said the second quarter of 2020 will be its best ever. According… Read More

June 4, 2020 @ 9:00 am By JD Alois  |  

Paxful, a peer-to-peer Bitcoin marketplace, has recently entered India – a country that has recently seen a change in rules that have enabled crypto exchanges to operate thus opening the door to a huge market. Paxful states that an in-house survey about the future potential… Read More

June 4, 2020 @ 8:46 am By JD Alois  |  

ANote Music, a marketplace for investing in music royalties, is planning to launch on July 28, 2020, according to a company release. Based in Luxembourg, ANote Music plans to allow users to invest in music, own rights from content creators, and earn returns through the… Read More

June 4, 2020 @ 7:48 am By Omar Faridi  |  

UK-based Minted, a Shariah-compliant platform for trading gold, is planning to launch in the coming months. Co-founder Shahmad Ahmed told Salam Gateway that his company has acquired regulatory approval from the Financial Conduct Authority (FCA) to serve as an e-money business. He noted that Minted’s… Read More

June 3, 2020 @ 1:20 pm By JD Alois  |  

Crowdcube, a top European investment crowdfunding platform based in the UK, is reporting that even during the COVID-19 crisis investment metrics remain strong. In a blog post today, Crowdcube stated: “May [2020] saw an increase in investment activity at Crowdcube, with it reaching a lockdown… Read More

June 3, 2020 @ 12:57 pm By JD Alois  |  

  Invesdor, an equity crowdfunding platform that merged with an Austrian debt-funding platform Finnest in 2019, has completed its first equity round in the DACH region (Germany-Austria-Switzerland). Biogena Group GmbH raised almost €2 million, according to reports by Invesdor. Biogena, founded by CEO Albert Schmidbauer,… Read More

June 3, 2020 @ 11:49 am By JD Alois  |  

Security token trading platform Openfinance Network may be in the midst of an executive transition. While the company has not issued any public statements, LinkedIn profiles of founder and co-CEO Juan Hernandez and co-CEO James Stonebridge have recently changed. Stonebridge’s LinkedIn profile has been updated… Read More

June 3, 2020 @ 7:47 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it is returning to the Seedrs equity crowdfunding platform for the fourth time to raise a minimum of £500,000. As previously reported, Assetz Capital is described as a provider of alternative funding sources to SMEs and Property… Read More

June 2, 2020 @ 9:56 pm By Omar Faridi  |  

Bitcoin Mercantile Exchange (BitMEX), one of the largest cryptocurrency derivatives exchanges in the world, says that they “no longer think that dated volatility-related bets are an effective way to protect portfolios because they are now too expensive.” THe BitMEX team stated: “We believe that inflation… Read More

June 2, 2020 @ 8:00 am By JD Alois  |  

  OurCrowd, the world’s largest investment crowdfunding platform, has announced the launch of a $100 million Pandemic Innovation Fund. OurCrowd has long held an interest in Medtech/Biotech, today OurCrowd is focusing more energy on healthcare and digital transformation as it seeks to raise $100 million… Read More

June 2, 2020 @ 7:55 am By Omar Faridi  |  

UK-based peer to peer (P2P) lender RateSetter recently revealed that fewer consumer borrowers are asking for more time to pay back their loans. RateSetter said that its loan performance is now consistent with what it had predicted or expected during April 2020 and it claims… Read More