Investment Platforms and Marketplaces

November 14, 2023 @ 7:19 am By Omar Faridi  |  

DelfinGroup released its unaudited Q3 2023 financial results, which “showed stable growth in all business segments in the third quarter of 2023.” DelfinGroup’s revenue reached €36.9 million “in the first 9 months of 2023.” The company’s earnings “before interest, taxes, depreciation, and amortization (EBITDA) increased… Read More

November 14, 2023 @ 6:17 am By Omar Faridi  |  

In October, investors invested a total of €2.20M in agricultural projects through HeavyFinance. €1.75M was paid out to the farmers “with the capital spread across 48 different loans.” In total, €44.72M was “issued to the farmers until the end of October 2023.” The repayment volume… Read More

November 12, 2023 @ 9:33 pm By Michael Wong  |  

Several European crowdfunding platforms are joining forces to create what they call an alternative finance “super-platform” in response to the latest European crowdfunding regulations. Kapitaal op Maat (KoM), Max Crowdfund (MCF), and Capital Circle (CaCi) have announced plans to merge, creating a larger platform with… Read More

November 10, 2023 @ 4:00 pm By JD Alois  |  

Mogul, a new real estate investment platform, has raised $3.6 million in seed funding, according to a company statement. The company said the round was over-subscribed and led by Anitha Vadavatha (AY Ventures), with participation from Tim Draper & Associates, Draper B1, InterVest, Draper Dragon,… Read More

November 9, 2023 @ 9:30 am By JD Alois  |  

Figure Technologies, along with former NYSE Executive Tom Farley and VC Proof Group, are planning to acquire what’s left of FTX, according to a report by WSJ.com. FTX was once valued at over $30 billion. Figure, founded by top Fintech entrepreneur Mike Cagney, operates one… Read More

November 8, 2023 @ 3:08 pm By JD Alois  |  

DealMaker, a tech-enhanced broker-dealer providing online capital formation services, has been recognized by Deloitte as a top company to watch. DealMaker has already made a notable list published by the Globe and Mail as one of the fastest-growing companies in Canada – its home country…. Read More

November 7, 2023 @ 9:55 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – has reportedly repaid investors a €200 000 loan (real estate project “Lini namai”) and paid €41,076 in interest to our investors. PeerBerry enters its seventh year of operations “with a record amount of funded loans… Read More

November 7, 2023 @ 8:50 am By JD Alois  |  

In probably the biggest move since new leadership took over at Crowdcube, the investment crowdfunding platform has acquired Semper to further its ability to enable secondary trading of crowdfunded securities. The terms of the acquisition were not revealed. This is Crowdcube’s first acquisition. The two… Read More

November 7, 2023 @ 8:06 am By Omar Faridi  |  

The month of October has shown “promising” growth on Mintos. Total investments saw “a significant increase to €97 million, and interest earned by investors climbed to €4.2 million.” Mintos also mentioned that this upward trend “was primarily driven by stable investments,” as explained Peteris Mikelsons,… Read More

November 6, 2023 @ 6:26 pm By JD Alois  |  

DealMaker, one of the fastest-growing companies based in Canada, has hired a Chief Financial Officer. According to a statement from the firm, Mike Rasic has spent the last 35 years working in regulated industries, including with Fintechs. DealMaker says that Rasic specializes in mid-stage firms… Read More

November 6, 2023 @ 11:15 am By Omar Faridi  |  

Yieldstreet, a private market investing platform, today announced the voting results for the Election of Directors and appointment of Prytania Asset Management as sub-adviser at its special meeting of Yieldstreet Prism Fund Inc. The meeting was held virtually “with the Fund’s stockholders on October 19,… Read More

November 6, 2023 @ 10:47 am By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, is nearing the close of its most recent self-funding round. StartEngine launched a Reg A+ securities offering earlier this year, selling equity in the company at a pre-money valuation of $1.32 billion. You may… Read More

November 6, 2023 @ 10:29 am By JD Alois  |  

Israel-based OurCrowd has announced the creation of an Israel Resilience Fund following the war with Hamas after the terrorist group invaded Israel in October. OurCrowd is one of the largest investment crowdfunding platforms in the world. While providing access to the Israeli tech scene, OurCrowd… Read More

November 5, 2023 @ 10:33 am By Omar Faridi  |  

Bitfinex announces that it has resolved a minor information security incident, discovered earlier this week. A “small” portion of Bitfinex‘s customer support boards, which “held partial, incomplete and stale information was accessed by an individual or group, through the phishing of a customer support agent… Read More

November 3, 2023 @ 8:02 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) reports that Q3 was a strong quarter for the digital asset firm. In a letter addressed to Coinbase shareholders, the firm says that amid multi-year low levels of volatility, they are pleased with their financial results. Although the company has generated a net… Read More

November 2, 2023 @ 8:07 pm By Michael Wong  |  

Bahrain’s Labour Fund (Tamkeen) has recently partnered with Safaghat, a crowdfunding investment platform licensed by the Central Bank of Bahrain, to offer alternative financing options to micro, small, and medium-sized enterprises (mSMEs) in the country. This strategic collaboration aims to empower Bahraini enterprises, particularly those… Read More

November 2, 2023 @ 10:40 am By Omar Faridi  |  

BitGo, the provider of financial services for digital assets, announces that its subsidiary in Germany, BitGo Europe GmbH, has received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). BitGo has already been storing crypto assets “for its customers since 2019, also… Read More

November 1, 2023 @ 7:31 pm By JD Alois  |  

Hong Kong is showing its support for digital assets today as ZA Bank, one of a handful of regulated digital banks in the jurisdiction, has announced support for crypto exchange OKX Hong Kong. ZA Bank has issued a statement indicating they will provide an operating… Read More

November 1, 2023 @ 11:31 am By Omar Faridi  |  

Investment platform Lightyear announces its expansion into exchange traded commodities (ETCs) with the launch of gold. Adding ETCs to its existing suite of 3,500+ stocks, ETFs and MMFs, is another way for Lightyear’s retail and business customers “across Europe to diversify portfolios.” iShares Physical Gold… Read More

November 1, 2023 @ 8:55 am By JD Alois  |  

EstateGuru, an online investment platform for debt securities, says the first nine months of 2023 saw investors receiving €107.5 million in returns, with €13.5 million being profit. EstateGuru adds that Q3 delivered €46.6 million in principal repayments and income, an increase of over 80% compared… Read More