Investment Platforms and Marketplaces

December 16, 2018 @ 2:56 pm By Cali Haan  |  

Kraken cryptocurrency exchange, one of the largest and longest-established crypto exchanges in the US, is offering private equity shares of the company to accredited investors for a minimum investment of $100 000. Kraken sent an email soliciting equity contributions this week to “our most valued… Read More

December 15, 2018 @ 8:40 am By JD Alois  |  

CI reported earlier this week that Robinhood, a Fintech that provides trading in both traditional and crypto assets and more, had announced new checking and savings accounts that would pay holders 3% interest. Even better, Robinhood stated that these accounts would be insured by the Securities… Read More

December 14, 2018 @ 2:50 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, announced last week it has entered into a definitive agreement to combine its Canadian lending operations with Evolocity Financial Group (Evolocity), a private Montréal-based online small business lender. According to OnDeck, The combined enterprise, to be branded OnDeck… Read More

December 14, 2018 @ 12:56 pm By JD Alois  |  

Security token offering platform Neufund is in the midst of its inaugural security offering with the “equity token offering” (ETO) of its parent company Fifth Force Gmbh. CI reported earlier this week that the ETO had easily topped its soft target and now stands at… Read More

December 13, 2018 @ 10:42 pm By JD Alois  |  

Crypto exchange IronX has added two more names to its board of advisors. The former CEO of Sirin Labs Tal Cohen and Dr. Paolo Tasca have signed up to help the firm. Sirin Labs raised a reported $158 million in an initial coin offering. The company… Read More

December 13, 2018 @ 4:51 pm By JD Alois  |  

TokenSoft, a digital asset issuance and management platform, has invested in a broker-dealer – now renamed TokenSoft Global Markets. According to a note from the platform, TokenSoft expects to acquire 100% of TokenSoft Global Markets, subject to regulatory approval. The company said it will expand the… Read More

December 13, 2018 @ 10:46 am By Erin Hobey  |  

Having just celebrated its first anniversary, Shojin Property Partners recently opened a new property investment campaign for a purpose built student accommodation block in Nottingham, UK, which contains 124 student apartments. Shojin Property Partners has invested £66,816 and is seeking to raise £1,269,516 investor funding during the campaign;… Read More

December 12, 2018 @ 11:06 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has posted a note on an industry milestone. According to the P2PFA, member platforms have now surpassed £10 billion in total lending during the most recent quarter. The P2PFA states that over £900 million was originated on… Read More

December 12, 2018 @ 8:03 am By Samantha Hurst  |  

ThinCats, a UK-based lending platform, announced on Monday it has teamed up with BAE Systems Pension for new £200 million program to provide UK SMEs with commercial loans. This news comes just a few months after ThinCats announced a new £300 million program with global asset manager, Insight… Read More

December 11, 2018 @ 4:48 pm By JD Alois  |  

Prominent investment crowdfunding platform SyndicateRoom has published an interesting report outlining the fastest growing businesses in the UK. According to “Top 100: Britain’s Fastest Growing Businesses,” the UK is a noted hub of tech innovation. In fact the report states, in 2017 the number of… Read More

December 11, 2018 @ 2:14 pm By Samantha Hurst  |  

Wealth Migrate, a UK-based real estate crowdfunding platform, has successfully raised more than £1.2 million through its equity crowdfunding campaign, which was launched on Seedrs last month. The funding round quickly secured its initial target of £750,000 and has attracted nearly 350 investors. Established in… Read More

December 11, 2018 @ 8:27 am By JD Alois  |  

Sweden based FundedByMe has expanded into the Netherlands. The company is opening a new office and has hired Mikael Royson to manage the operations. FundedByMe says the expansion is part of a broader strategy of boosting its position in the European marketplace. Kristin Svärd, Head… Read More

December 11, 2018 @ 8:24 am By Samantha Hurst  |  

Less than a week after announcing expansion into Washington D.C., Oklahoma, Arkansas, and Montana, SALT, a U.S.-based Blockchain-Backed Loans provider for cryptocurrency holders, announced it is now offering Blockchain-Backed Loans in California. As previously reported, SALT launched its lending platform in 2017 to offer membership-based borrowing allowing… Read More

December 10, 2018 @ 2:45 pm By Samantha Hurst  |  

Xero (ASX: XRO), a global small business platform, announced last week it surpassed one million subscribers across Australia and New Zealand (ANZ). According to Xero, this milestone marks its platform as being the regional leader in the uptake of cloud accounting technology. Speaking about the… Read More

December 10, 2018 @ 2:08 pm By Samantha Hurst  |  

UK-based marketplace lending platform LendInvest announced last week it has expanded both of its capital markets and treasury team with four new hires. According to the online lender,the hires are part of an effort to continue to build up LendInvest’s in-house capital markets capabilities, as… Read More

December 10, 2018 @ 10:55 am By JD Alois  |  

Peer to peer lending platform Bondora says loan originations almost hit €8 million during the month of November. This follows a record-breaking month of October In November, Bondora issued €7,894,070 of new loans, just ahead of the record set for originations in the previous month of €7,802,163. Much of… Read More

December 10, 2018 @ 7:36 am By JD Alois  |  

The Gibraltar Blockchain Exchange (GBX) says it will provide insurance coverage for listed digital assets. The coverage is for assets in the custody of the GBX, including both hot and cold wallets. According to a release, GBX has partnered with Gibraltar based firm Callaghan Insurance to provide… Read More

December 10, 2018 @ 7:09 am By JD Alois  |  

First crowdfunded on Seedrs in 2015, Oppo Brothers has received a buyout offer from HP Wild Holding AG that will deliver a 4.35x return for early investors, according to a note from the crowdfunding platform. Seedrs added that once EIS tax benefits are taken into consideration,… Read More

December 9, 2018 @ 10:33 am By Cali Haan  |  

After making a fairly routine request on the 10th of November to withdraw 500 reals ($129 USD) from his cryptocurrency exchange account at Bitcambio, Kaique Nunes wondered why the exchange was making so many repeated attempts to contact him. “Earlier last month, I issued some… Read More

December 7, 2018 @ 5:19 pm By JD Alois  |  

Coinbase announced today its intent to explore the addition of a “broad range of assets.” Coinbase has consistently stated its intent to add more digital assets over time. The company said its goal is to support digital assets that meet their standards and are “fully… Read More