Investment Platforms and Marketplaces

September 11, 2019 @ 11:36 am By Samantha Hurst  |  

Real estate investment platform PeerStreet announced on Tuesday it won first place in CRETech’s 2019 Real Estate Tech Awards (RETAs for the Information & Intelligence – Crowdfunding category. According to PeerStreet, CRETech’s RETAS recognizes the year’s most innovative and cutting-edge companies that have played an integral role… Read More

September 11, 2019 @ 8:50 am By JD Alois  |  

Leading global crowdfunding platform OurCrowd has had a stellar year. Multiple portfolio companies have IPOed’ or been acquired providing positive outcomes for platform investors. As Crowdfund Insider reported earlier this year, OurCrowd has topped USD $ 1 billion in committed capital making perhaps making it… Read More

September 11, 2019 @ 7:50 am By JD Alois  |  

AngelHub and WHub have closed on a USD $3 million led by Kharis Capital and Hong Kong Fintech Unicorn TNG Fintech Group. AngelHub and WHub were co-founded by Karena Belin and Karen Contet Farzam. Daniel Grossmann, co-founder of Kharis Capital will be joining the board… Read More

September 11, 2019 @ 3:11 am By Omar Faridi  |  

We recently caught up with Steifan Deiss, co-founder and CEO of Blockchain Propulsion, a Switzerland-headquartered global accelerator program for blockchain startups.  Deiss, an MBA graduate from HWZ University of Applied Sciences, shared his views and insights regarding the emerging distributed ledger technology (DLT) industry and… Read More

September 10, 2019 @ 12:21 pm By Samantha Hurst  |  

Student loan marketplace, College Ave Student Loans, announced on Tuesday it has completed a $300 million securitization of private student loans, its third securitization and largest to date. According to College Ave, the transaction was oversubscribed attracting a broad and diverse group of repeat investors and… Read More

September 10, 2019 @ 10:10 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Tuesday its support for the decision by industry regulators to include the country’s P2P platforms in the central bank’s credit system. The online lender reported that it believes this as a positive move for the P2P… Read More

September 10, 2019 @ 7:40 am By JD Alois  |  

MERJ, the national stock exchange of Seychelles, has kicked off its initial public offering (IPO) of tokenized equity. The digital asset is the first security token offering (STO) of a regulated stock exchange anywhere. The IPO values the 8-year old exchange at USD $25 million…. Read More

September 10, 2019 @ 1:04 am By JD Alois  |  

HDR Global Trading Limited (dba BitMEX) has appointed Derek Gobel as the group’s General Counsel, according to a release. BitMEX is a large crypto derivatives trading platform that is licensed in the Seychelles. Arthur Hayes, BitMEX co-founder and CEO issued the following statement: “Derek brings… Read More

September 9, 2019 @ 11:02 pm By Cali Haan  |  

Investing giant Charles Schwab has no intention of adding cryptocurrencies to its platform for registered investment advisors (RIAs) “at this time,” Rob Farmer, Schwab’s managing director for corporate communications, has told RIAbiz. “Investors should view these currencies as a purely speculative instrument,” he added. Crypto-reticence… Read More

September 9, 2019 @ 8:54 pm By Cali Haan  |  

Angelina Kwan, a prominent Hong Kong advocate for women in STEM, has left her position as COO at the crypto derivatives platform, BitMEX, The Block reports. “We can confirm that Angelina Kwan is leaving the company and is on gardening leave now. That’s all we… Read More

September 9, 2019 @ 12:02 pm By Samantha Hurst  |  

Real estate crowdfunding platform CrowdStreet announced on Monday the launch of its new Diversified Opportunity Zone Fund. According to CrowdStreet, the fund will focus on new development and redevelopment in small and mid-market U.S. Opportunity Zone communities with high growth potential. “A Qualified Opportunity Fund… Read More

September 9, 2019 @ 10:15 am By Samantha Hurst  |  

PEAK6, a U.S.-based investment and technology firm, announced on Monday it has acquired Electronic Transaction Clearing, a custodian and clearing provider. According to PEAK6, ETC’s institutional orientation will “expand” the company’s footprint in custody and clearing and is a direct complement to one of its… Read More

September 9, 2019 @ 9:55 am By Omar Faridi  |  

Buenos Aires-based startup SeSocio is establishing operations in Chile. The Argentine crowdfunding company will be offering its collective financing platform, which does not require a minimum investment. Co-founder and CEO of SeSocio Guido Quaranta explains how the platform can be used to invest in a… Read More

September 9, 2019 @ 8:53 am By Samantha Hurst  |  

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, reportedly secured £7 million through its latest investment round, which was led by Pentech and Outward VC.  Founded in 2012, PrimaryBid describes itself as a platform that allows private… Read More

September 8, 2019 @ 4:33 pm By Omar Faridi  |  

The initial coin offering (ICO) craze of 2017 and early 2018 helped generate billions of dollars for blockchain startups throughout the world. However, many ICO projects were scams or did not lead to the development of useful products. London-based Celsius is among the very few… Read More

September 7, 2019 @ 9:10 am By JD Alois  |  

Digital asset exchange and ecosystem Bakkt is nearing complete launch. Bakkt, part of the Intercontinental Exchange (ICE) – a group that also owns the New York Stock Exchange (NYSE), received the necessary regulatory approvals earlier this year. Bakkt proves a compliant platform that expects to… Read More

September 6, 2019 @ 2:47 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) has been rattled in recent weeks as founder Patrick Byrne departed from the firm he created as both an executive and a board member. Byrne left Overstock and multiple blockchain-focused projects following revelations of a long time relationship with alleged Russian agent Maria… Read More

September 6, 2019 @ 12:24 pm By JD Alois  |  

Germany based investment crowdfunding platform aescuvest has kicked off pan-European securities offerings with Surge On Medical. The Dutch Medtech has developed technology aimed at setting new standards in precision and robotic surgery. Surge-On seeks to raise up to €5 million on aescuvest. A launch event,… Read More

September 6, 2019 @ 10:43 am By JD Alois  |  

This past June, Smartlands announced the first UK property to be tokenized and offered to investors. The crowdfunding platform now reports that the project has closed fully funded. The student accommodation in the UK sought £1 million for a 30% equity stake in a property… Read More

September 6, 2019 @ 8:50 am By Samantha Hurst  |  

CrowdBureau, an information technology platform that offers asset and risk management tools for market players seeking more transparency in marketplace peer-to-peer lending and securities crowdfunding, announced this week it raised $1.1 million through its Series A funding round, which was led by Clydagh Limited, Estuary Holdings… Read More