Investment Platforms and Marketplaces

September 30, 2019 @ 10:04 am By JD Alois  |  

Crowdcube, a leading UK based crowdfunding platform, is out with a note touting the fact they have funded 3 out of 16 (19%) of the UK’s active unicorns. These three companies include BrewDog, Monzo and Revolut. Crowdcube reports that in the past 12 months, the… Read More

September 30, 2019 @ 9:27 am By JD Alois  |  

Leading UK based investment crowdfunding platform Seedrs has opened up registration for a self-crowdfunding round. The platform announced in August that two of their institutional shareholders had committed to a £4.5 million investment into the company. Additionally, Seedrs is planning a far larger round next… Read More

September 30, 2019 @ 8:55 am By Omar Faridi  |  

San Francisco-based Fintech firm Ripple has acquired digital asset trading company Algrim. The acquisition has helped Ripple add six engineers, according to a September 30 blog post published on the company’s official website. The new team of engineers is expected to play a key role… Read More

September 27, 2019 @ 9:01 am By JD Alois  |  

Leading online investment platform OurCrowd has announced that it will open its 13th global office in São Paulo, Brazil. OurCrowd sees the  region as a key location for innovation. OurCrowd announced the news during OurCrowd Sync: São Paulo 2019, the company’s first major event in… Read More

September 27, 2019 @ 7:06 am By JD Alois  |  

Folk2Folk, a local-focused peer to peer lender providing financing to SMEs, has appointed Roy Warren as its new Managing Director. Warren has been filling the role on an interim basis for some time now. Simultaneously, the P2P lender added four new members to its Board… Read More

September 27, 2019 @ 1:58 am By Cali Haan  |  

SIX Group, the company behind Switzerland’s largest stock exchange, announced this week that it will not be launching its proposed DLT (distributed ledger technology) platform for “digital assets” until Q4 2020. The platform, designed to manage the issuing, trading, and settlement of digital tokens, was expected to… Read More

September 26, 2019 @ 11:02 pm By Cali Haan  |  

Overstock.com, Inc. (NASDAQ:OSTK) has filed a Form S-3 with the Securities and Exchange Commission (SEC) in order to register its Series A-1 Digital Preferred stock (OSTKO), and “execut(e)…the company’s previously announced dividend.” According to the relevant release from Overstock issued September 24th: “This filing represents an initial… Read More

September 26, 2019 @ 9:58 pm By Cali Haan  |  

Scammers have already cloned Bakkt blog materials to create a fake interface, bakktlaunch.com, which they are using to trick Bakkt enthusiasts into sending crypto. It should be noted that the bakktlaunch.com page contains two links that may be malware bearing. Extreme caution is advised. Bakkt is the… Read More

September 26, 2019 @ 7:45 pm By JD Alois  |  

Digital Assets are the Future of Securities It is a truism that digital assets are the future of public securities. The ink on paper certificates have had a good run but the digitization of finance is upon us and securities must be digitized. The advent… Read More

September 26, 2019 @ 6:19 pm By JD Alois  |  

Fig Reports Majority of Released Games are Profitable Fig, a unique investment platform that was “created for gamers, by gamers,” has announced a new offering “Fig Portfolio Shares.” Fig will now provide access to investors to a basket of securities from games funded by Fig… Read More

September 26, 2019 @ 3:10 pm By JD Alois  |  

Digital asset trading platform Bittrex has signed up to leverage Chainalysis and its Know Your Transaction (KYT) platform. As regulators have focused more energy and attention on the crypto market, exchanges have had to up their game to make certain they operate within the parameters… Read More

September 26, 2019 @ 2:25 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced this week it has plans to double the sales force at its Lehi, Utah, and Woodbury, New York, offices. The lender reported that it has hired 80 employees in 2019 and intends to add another 40 sales representatives by… Read More

September 26, 2019 @ 8:35 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Thursday it has joined mortgage club Brilliant Solutions’ lender panel in order to bring its Buy-to-Let (BTL) mortgage product distribution to a wider network of brokers.  LendInvest claims that Brilliant Solutions is an “industry expert” in… Read More

September 25, 2019 @ 3:33 pm By JD Alois  |  

Investment crowdfunding platform NextSeed has merged with Collaboration Capital in a move to create a leading “technology-driven impact investment firm open to everyone.” In effect, the NextSeed merger with Collaboration creates a Fintech forward digital investment bank providing access to capital and access to opportunity… Read More

September 25, 2019 @ 1:11 pm By JD Alois  |  

The deadline for comments on the Securities and Exchange Commission’s “concept release” on regulatory harmonization was yesterday. But even while the official deadline hit on September 24th, we expect that more comment letters from interested parties will be trickling in over the next few days… Read More

September 25, 2019 @ 8:34 am By JD Alois  |  

SoFi CEO Anthony Noto visited the studios of CNBC today and during his interview he announced that SoFi will now allow its users to purchase and trade cryptocurrencies. Specifically, Bitcoin, Litecoin and Ethereum – three of the most popular virtual currencies. Noto stated, “cryptocurrency was the… Read More

September 25, 2019 @ 8:20 am By JD Alois  |  

The Securities Commission Malaysia (SC) has registered EdgeProp Sdn Bhd as the first “Recognised Market Operator” to establish and operate a property crowdfunding platform in Malaysia. EdgeProp was granted an approval in principle in September 2019. EdgeProp currently provides a portfolio of services for the… Read More

September 25, 2019 @ 1:41 am By Omar Faridi  |  

Binance, reportedly the world’s largest cryptocurrency exchange by adjusted trading volume, revealed that it has been granted an information security accreditation after adhering to standards outlined by the International Organization for Standardization (ISO). In order to satisfy the internationally recognized ISO/IEC 27001 standard, Binance’s management… Read More

September 24, 2019 @ 5:46 pm By JD Alois  |  

SeedInvest, one of the largest investment crowdfunding platforms in the US, has posted a comment letter pertaining to the Securities and Exchange Commission’s (SEC) concept release on regulatory harmonization. The comment letter is expected to be “one of multiple” letters with this first one addressing… Read More

September 24, 2019 @ 1:06 am By Cali Haan  |  

SIX Group, a company that provides infrastructure, processing and settlement for Switzerland’s financial sector, has announced it will be delaying the launch of a proposed DLT (distributed ledger technology) platform for the settlement of “digital assets” until Q4 2020. The platform, which would allow the company… Read More