Investment Platforms and Marketplaces

May 29, 2024 @ 8:22 am By Omar Faridi  |  

Bullish Group, the provider of digital asset market infrastructure and information services, and operator of one of the regulated digital asset exchanges, is pleased to announce key leadership changes aimed at driving the company’s strategic growth and innovation. David Bonanno appointed CFO Effective immediately, David… Read More

May 28, 2024 @ 5:33 pm By Omar Faridi  |  

Netcapital Inc. (NASDAQ: NCPL), a digital private capital markets ecosystem, today announced the entry into definitive agreements for the immediate exercise of certain outstanding Series A-2 warrants “to purchase up to an aggregate of 14,320,000 shares of common stock of the company originally issued in… Read More

May 28, 2024 @ 12:18 pm By Omar Faridi  |  

UnaFinancial, the parent company of the Robocash investment platform, announced an upcoming release of the audited special purpose consolidated financial statements for the year ended December 31, 2023. The financial statements have been prepared in “accordance with the International Financial Reporting Standards (IFRS) and audited… Read More

May 28, 2024 @ 8:44 am By JD Alois  |  

Linked Finance, an online lender serving Irish SMEs, says it has topped €300 million in loans since its launch. The funding has supported over 4200 smaller firms. For 2024, Linked Finance predicts that it will lend, on average, €115,000 per borrower hitting over £80 million… Read More

May 26, 2024 @ 8:15 pm By Omar Faridi  |  

Alto, an alternative asset platform that enables individuals to invest in alternative assets using both retirement and non-retirement funds, has launched Alto Marketplace, a new part of the Alto platform dedicated “to curating private alternative investment opportunities for eligible investors.” The offerings on Alto Marketplace… Read More

May 25, 2024 @ 12:06 pm By Michael Wong  |  

Filinvest Development Corp. (FDC) announced that its subsidiary, f(dev) Digital Innovations and Ventures Inc., along with partner Investree Singapore Pte. Ltd., have agreed to wind down the operations of Investree PH Inc., the Philippines’ first crowdfunding platform. In a disclosure to the stock exchange, FDC… Read More

May 25, 2024 @ 11:35 am By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT) announced that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt’s crypto business. In this newly created position, Kamrath will be reporting directly to Andy Main, Bakkt’s Chief Executive Officer. Main said: “By appointing Ray Kamrath to lead… Read More

May 24, 2024 @ 10:48 am By JD Alois  |  

HNW Lending says it has surpassed £140 million in online lending. As the name implies, HNW means high net worth individuals. Regulated by the UK Financial Conduct Authority, HNW Lending is a peer-to-peer lending platform that enables asset-backed loans for UK-based individuals and businesses, with… Read More

May 23, 2024 @ 10:23 am By JD Alois  |  

Adam Connors, formerly legal counsel at UK based securities crowdfunding platform Crowdcube, has joined the law firm of Clarke Willmott as an associate in the Taunton office. According to a statement by Clarke Willmott, Connors worked for Crowdcube for nine years, advising issuers pursuing 1700+… Read More

May 23, 2024 @ 8:32 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) is making a major shift in how we offer margin investing to better serve our customers on their financial journey. Robinhood notes in a blog post that it is pleased to launch what they claim to be “the lowest margin rates among  brokerages,… Read More

May 22, 2024 @ 6:18 pm By Omar Faridi  |  

CME Group, which claims to be the leading derivatives marketplace, announced that it will continue its expansion into the fixed income markets by launching repo on corporate bonds and mortgage-backed securities (MBS) on BrokerTec Quote, its dealer-to-client (D2C) request-for-quote (RFQ) trading platform. U.S. corporate bonds… Read More

May 21, 2024 @ 9:48 pm By Michael Wong  |  

The Saudi Central Bank (SAMA) has officially licensed Hala Financing to provide debt-based crowdfunding solutions in Saudi Arabia, a significant step in broadening the financial services available within the kingdom. This recent authorization increases the total number of companies licensed to offer these services to… Read More

May 21, 2024 @ 7:05 pm By JD Alois  |  

Synapse, a Banking as a Service (BaaS) provider labeled in 2023 as one of the World’s Best Fintech Companies by CNBC, is in the throes of bankruptcy. In just a few short months, things have changed dramatically at Synapse it seems. It has been reported… Read More

May 21, 2024 @ 5:32 pm By JD Alois  |  

CI reported earlier this week that Mainvest, a FINRA-regulated funding portal, is winding down operations. In an email, a spokesperson for the company provided additional insight into the unfortunate outcome. CI noted that Mainvest was one of many companies that have been impacted by the… Read More

May 20, 2024 @ 10:02 pm By Omar Faridi  |  

Coinbase Derivatives is reportedly expanding its futures offering to include Oil and Gold. On June 3, 2024, Coinbase Derivatives, part of Coinbase (NASDAQ:COIN) and a CFTC-regulated futures exchange, will launch retail-sized futures contracts “for oil and gold.” These new contracts should help traders with further… Read More

May 20, 2024 @ 5:41 pm By JD Alois  |  

Mainvest, a FINRA-regulated funding portal, is ceasing operations. According to the platform’s website, the firm has raised over $30 million for issuers since its inception. A pop-up on the Mainvest website also states that payment processing is currenlty unavailable: “Due to the ongoing dispute between… Read More

May 19, 2024 @ 10:39 am By Omar Faridi  |  

Private market exchange ADDX Pte. Ltd., regulated by the Monetary Authority of Singapore, has launched the blockchain-based ADDX Fixed Income Marketplace and pioneered a Multi-Issuer Debt Issuance Program for companies to conveniently issue digitized commercial paper and bonds. The Digitized Bonds are expected to “be… Read More

May 16, 2024 @ 10:34 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform, says it is pursuing the third edition of its Tech Investor Academy (TIA) for Bulgarian and European investors. Starting on June 10th, the educational project aims to help investors better utilize their money by teaching portfolio optimization, legal frameworks,… Read More

May 16, 2024 @ 8:25 am By Omar Faridi  |  

Bitpanda, Europe’s crypto company, has reported its most significant quarters of growth to date, with revenue for Q1 FY ‘24 exceeding €100 million. The wider market experienced a significant downturn in 2022, which led Bitpanda to rethink its “long-term growth strategy.” This meant a refocus… Read More

May 15, 2024 @ 8:20 am By Omar Faridi  |  

In April, investors allocated a total of €963K  across 35 agricultural projects via the HeavyFinance platform. As of the end of April 2024, a significant sum of €54.62 million was “issued in loans since the inception of the company.” A positive trend worthy of mentioning… Read More