Investment Platforms and Marketplaces

March 16, 2020 @ 10:20 am By JD Alois  |  

Singapore based Zilliqa, a speedy blockchain platform, has partnered with Switcheo, to launch a “non-custodial, decentralised exchange” (DEX). Zilliqa and Switcheo are said to be working towards a minimum viable product and rounds of internal testing by the end of Q2 2020 and external user… Read More

March 16, 2020 @ 9:26 am By JD Alois  |  

LendingClub (NYSE:LC) has issued an 8-K this morning reacting to the highly volatile macroeconomic environment fueled by the Coronavirs, or COVID-19, pandemic. LendingClub said they “have not observed changes in application trends, deterioration in loan performance or significant shifts in investor demand.” But in light… Read More

March 16, 2020 @ 8:55 am By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has announced that Binance.US, the trading platform’s US-based division, will begin listing Tezos (XTZ) on March 16, 2020 at 9:00 AM EST. As mentioned on the exchange operator’s official website, Binance.US will support trading for… Read More

March 16, 2020 @ 8:10 am By JD Alois  |  

Crowdcube, a leading securities crowdfunding platform, has formed a new partnership with Episode 1, a fund that has backed companies like carwow, Shazama, and Zoopla. According to Crowdcube, certain offerings listed on its platform will be led by Episode 1. Issuers seeking to qualify must… Read More

March 15, 2020 @ 3:08 pm By Omar Faridi  |  

Changpeng Zhao, CEO at Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has revealed that the firm will introduce a fiat gateway for South African digital asset traders, which will allow them to make deposits in Rands. The announcement was made during the… Read More

March 14, 2020 @ 3:39 pm By JD Alois  |  

Assetz Capital has received £15 million in funding from British Business Investments (BBI). According to Assetz Capital, this is the first time a property-focused marketplace has received funding from BBI, a subsidiary of the British Business Bank. Assetz Capital states that the funding will support… Read More

March 14, 2020 @ 3:25 pm By Omar Faridi  |  

PropertyGuru, an online property marketplace, revealed on March 12, 2020, that it will be  expanding into home finance with the launch of PropertyGuru Finance. According to a release, the proptech company’s management noted that it aims to help Singapore’s residents save money and have a… Read More

March 13, 2020 @ 10:03 am By JD Alois  |  

The German Federal Financial Supervisory Authority or BaFin, has approved the first cross-border security token offering (STO) for ParkinGO, according to the company. ParkinGO will be issuing digital securities on the token issuance platform STOKR based in Luxembourg. Retail investors in Germany, along with investors… Read More

March 12, 2020 @ 10:12 pm By Samantha Hurst  |  

KoreConX announced on Thursday the launch of the Direct Issuance Platform for use by companies for their capital raising around the world. The company reported that the platform provides companies an end to end solution to allow them to offer their securities to investors with… Read More

March 12, 2020 @ 9:14 am By Omar Faridi  |  

CoinDCX, one of India’s largest crypto-asset exchanges and liquidity aggregators, has revealed that it will allocate $1.3 million towards increasing awareness and adoption of cryptocurrencies in India, a country with a population of over 1.5 billion. According to a press release shared with Crowdfund Insider,… Read More

March 12, 2020 @ 7:36 am By JD Alois  |  

Luxembourg based Fintech Tokeny Solutions has partnered with Cynopsis to provide a streamlined compliance solution to its customers. Cynopsis Solutions was established in Singapore in 2014 and offers services designed to automate KYC processes. It has operations in Singapore, UK, Taiwan, and Vietnam. Cynopsis Solutions… Read More

March 11, 2020 @ 11:21 pm By JD Alois  |  

Phemex, a crypto derivatives trading platform led by former Morgan Stanley executives, has raised $3.5 million in a funding round led by NGC Ventures. In a release, Phemex said it will utilize the additional capital for global expansion into Japan, Korea and Russie as well… Read More

March 11, 2020 @ 11:58 am By JD Alois  |  

Earlier this year, to Estonia-based peer to peer lending platforms, Envestio and Kuetzal, collapsed leaving investors holding empty promises and possibly a complete loss. At the end of January, the Estonian Police and Border Guard posted a notice asking what may end up being a… Read More

March 10, 2020 @ 9:59 pm By Omar Faridi  |  

Easypaisa, a widely-used digital payments app, is partnering with Seed Out, a Pakistani crowdfunding platform, in order to digitize the payments collection process. Seed Out aims to assist the underprivileged in Pakistan learn the entrepreneurial or business skills required to successfully launch their own company… Read More

March 10, 2020 @ 11:27 am By Samantha Hurst  |  

FinMkt, Inc., a U.S.-based provider of technology and infrastructure for the online lending industry, announced on Tuesday it has teamed up with Secure Payment Systems to integrate EZPAY Advantage, Secure Payment Systems’ retail and e-commerce consumer lending solution to FinMkt’s multi-lending consumer financing point of… Read More

March 10, 2020 @ 9:30 am By JD Alois  |  

Fintech Zopa is celebrating 15 years of operation. Founded in 2005, Zopa was the one platform to launch an entire sector of Fintech as it became the first peer to peer lending platform in the UK. Today, Zopa still offers online lending in a more… Read More

March 10, 2020 @ 7:44 am By JD Alois  |  

The former CBRE Senior Director and Head of Loan Advisory, Anurag Sharma, has joined LendInvest as Fund Manager. LendInvest is a profitable UK Fintech that has created a marketplace for property finance. According to LendInvest,  Anurag has worked with the company in an advisory capacity… Read More

March 9, 2020 @ 10:43 am By JD Alois  |  

SyndicateRoom, once a securities crowdfunding platform and now an early-stage venture fund, has announced a forthcoming “modest increase” in the Access EIS Fund fees. The new fees will kick in on March 18, 2020. If you invest prior to that date, you lock in at… Read More

March 8, 2020 @ 11:33 pm By Omar Faridi  |  

Up, a life-planning solution developed by BTO, a Singapore-based Fintech firm, recently teamed up with iCompareLoan, a mortgage-comparison portal, in order to provide home-owners and new buyers improved and more competitive mortgage planning services.  Clients using the Up platform will now be able to access… Read More

March 6, 2020 @ 7:59 am By Omar Faridi  |  

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), recently warned local consumers about the operations of the Bitcoin Mercantile Exchange (BitMEX), a virtual currency derivatives exchange. According to a notice published by the FCA on March 3, 2020, the independent financial regulator noted… Read More