Investment Platforms and Marketplaces

September 12, 2023 @ 6:22 pm By Omar Faridi  |  

Dacxi Chain says it is poised to improve global investment crowdfunding by streamlining the entire process. In a blog post, the company claims that its first-mover advantage will help it succeed, drawing a parallel to big tech firms like Facebook and Microsoft. The company mentions… Read More

September 12, 2023 @ 3:17 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) says it has settled charges against Yieldstreet, a top alternative investment platform mainly serving accredited investors. According to the SEC, Yieldstreet failed to disclose critical information pertaining to an asset-backed securities offering that totaled $14.5 million. Yieldstreet has settled… Read More

September 12, 2023 @ 8:37 am By Omar Faridi  |  

The month of August has shown “promising growth” on Mintos. As noted in a blog post by Mintos, the total investments saw “a significant increase of €99.5 million worth of Notes funded, and interest earned by investors climbed to €4.3 million.” The average interest rate… Read More

September 11, 2023 @ 5:35 pm By Omar Faridi  |  

Digital asset firm Coinbase (NASDAQ:COIN) provided a clarification following a an update indicating that the exchange operator will be suspending business operations for consumers residing in India. As widely reported, Coinbase India clients will cautioned via an email message that crypto services will no longer… Read More

September 11, 2023 @ 9:22 am By Omar Faridi  |  

Finery Markets, an OTC multi-dealer electronic marketplace for crypto businesses and institutions, is pleased to announce a further appointment to the leadership team. Krish Chatterjee has joined Finery Markets as an advisory member for business development in APAC. Prior to joining Finery Markets, Krish held… Read More

September 11, 2023 @ 8:06 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, is reporting solid progress on-site at one of the schemes that they recently funded in Cambridge, where the borrower “intended to acquire, convert and extend an existing building into nine apartments.” At Blend Network, they are supporting… Read More

September 9, 2023 @ 4:14 pm By Omar Faridi  |  

Trading and investment platform eToro is announcing the appointment of Bret Kenwell as Options Analyst. Lule Demmissie, eToro’s U.S. CEO said: “We are delighted to welcome Bret to the eToro team. He brings a wealth of experience in creating engaging and educational content for investors… Read More

September 8, 2023 @ 12:35 pm By JD Alois  |  

Stock.estate has been approved to operate as a securities crowdfunding provider in Romania. The company has been approved by the Romanian Financial Supervisory Authority (ASF) and is described as the first “crowdlending” platform in Romania. Stock.estate will provide loans to real estate developers for periods… Read More

September 8, 2023 @ 12:19 pm By Omar Faridi  |  

Berlin-based fintech Upvest is set to provide Plum, the smart money app, with its investment API, enabling Plum to expand its range of investment opportunities to EU customers. Plum currently offers 3,000 US stocks to EU customers. Following this partnership, Plum will have the functionality… Read More

September 7, 2023 @ 12:07 pm By JD Alois  |  

Real estate investment platform Groundfloor says it has surpassed $500 million in loan repayments. This includes both principal and interest paid. Groundfloor says that it is currently home to over 230,000 registered investors. Currently, Groundfloor reports that it has nearly $300 million in Assets Under… Read More

September 6, 2023 @ 4:56 pm By Omar Faridi  |  

Debitum is pleased to announce that Debitum-affiliated Loan originator Sandbox Funding has issued its 1st million euros in loans. Loans have been issued “to Latvian companies from forestry and agriculture, energy, and eco-house construction industries.” Henrijs Jansons, Debitum CEO, said: “We started to test Sandbox… Read More

September 6, 2023 @ 1:01 pm By Omar Faridi  |  

Robocash notes that the month of July turned out to be “active,” which is reflected in the key monthly figures. For now, Robo.cash says they are still “keeping a low-key offer and waiting for updates from the business.” As covered, Robo.cash has announced upcoming changes… Read More

September 6, 2023 @ 9:32 am By Omar Faridi  |  

In August, PeerBerry reportedly crossed two key milestones. PeerBerry investors funded “a record amount of EUR 75.36 million in loans, exceeding a pre-war level”. It is the largest amount funded “in one month on the platform in PeerBerry’s six-year history.” At the end of August,… Read More

September 6, 2023 @ 7:29 am By Omar Faridi  |  

Digital currency exchange Coinbase Global (NASDAQ:COIN) is introducing a crypto-asset lending platform that’s meant for larger institutional investors. This, according to a company representative statement issued on Tuesday. As first reported by Reuters, Coinbase has acquired $57 million in capital for its new virtual currency… Read More

September 5, 2023 @ 11:48 am By JD Alois  |  

Rialto Markets, a broker-dealer active in the securities crowdfunding sector, has filed a Form-C with the Securities and Exchange Commission (SEC) indicating its intent to raise money utilizing the Reg CF securities exemption. The document indicates that Rialto will list its security offering on Netcapital,… Read More

September 4, 2023 @ 4:37 pm By Omar Faridi  |  

Nada, a wealthtech platform, says that it is focused on unlocking the $20T home equity market for homeowners & investors. This wealthtech platform has raised $8M+ from VCs and around 3k+ individuals (LiveOak, Revolution, Capital Factory). This platform released “Cityfunds,” which is described as “the… Read More

September 3, 2023 @ 8:13 pm By Omar Faridi  |  

The team at Rebuildingsociety is pleased to announce a new service for the approval of financial promotions for crypto-asset firms. Building on their experience as a Network Principal, rebuildingsociety.com is used to reviewing and approving third-party financial promotions. They are also familiar “with the ‘high-risk… Read More

September 2, 2023 @ 11:24 am By Omar Faridi  |  

Aventus Group is about to “fully cover” its war-affected short-term obligations towards PeerBerry investors, including accumulated interest “totaling EUR 35.13 million.” The final repayment of Aventus Group war-affected short-term obligations “will be processed on September 5.” On September 5, PeerBerry will reportedly “process the last… Read More

September 1, 2023 @ 4:16 pm By JD Alois  |  

LendingRobot started its existence as a portal for peer-to-peer loan investors seeking to provide sophisticated tools for investors interested in the asset class. For a time, it was controlled by Fintech Nexus (LendIt or Lend Academy), which parted ways with the firm when Lime Financial… Read More

September 1, 2023 @ 12:45 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced its partnership with Public, a U.S.-based multi-asset investing platform, to minimise conversion costs for UK investors when purchasing U.S.-based equities on the Public app. The news comes on the heels of Public’s entry… Read More