Investment Platforms and Marketplaces

June 7, 2023 @ 11:09 am By JD Alois  |  

CrowdProperty is backing the £16 million development of a former Hallmark Card manufacturing facility that will be transformed into 137 apartments. According to the investment platform, CrowdProperty has agreed to a total development finance facility of £9,250,000 over an 18-month term. The developer is said… Read More

June 6, 2023 @ 9:04 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed an emergency action seeking a temporary restraining order to freeze the assets of Binance while requiring defendants to repatriate assets held for the benefit of customers of Binance.US. The SEC says the action is designed to protect… Read More

June 6, 2023 @ 6:49 pm By JD Alois  |  

The Competitive Enterprise Institute (CEI), Director of Finance Policy, John Berlau, has shared a comment on the Securities and Exchange Commission’s enforcement action targeting Coinbase (NASDAQ:COIN). Earlier today, the SEC filed charges against Coinbase, alleging that the crypto platform is operating as an unregistered securities… Read More

June 6, 2023 @ 11:52 am By JD Alois  |  

Peer-to-peer lender Folk2Folk is reporting its fourth year of profitability. According to the UK-based secured lender, pre-tax profit came in at £1.373 million for its 2022 financial year, marking four consecutive years of profitability. In addition, the company is issuing dividend payments to shareholders for… Read More

June 6, 2023 @ 11:04 am By JD Alois  |  

Regulated crypto exchange LCX has announced the launch of asset-backed NFTs [non-fungible tokens]. LCX has labeled the NFT project as Tiamonds, a service aimed to contractually enforce the bridging of digital and physical assets. Specifically, Tiamonds is a marketplace for diamonds which allows users to… Read More

June 6, 2023 @ 10:32 am By JD Alois  |  

Following the revelation of charges filed against Binance and its founder, the Securities and Exchange Commission (SEC) has filed similar charges against Coinbase (NASDAQ:COIN) – the US’s only publicly traded crypto exchange. The charges against Coinbase include operating an unregistered securities exchange, acting a broker,… Read More

June 5, 2023 @ 5:28 pm By JD Alois  |  

Wefunder, one of the largest funding portals in operation in the US and a new investment platform operating in Europe has tweeted out a graphic showing which days generate the most investment. According to the Tweet, Friday is the best day in regards to the… Read More

June 5, 2023 @ 1:07 pm By JD Alois  |  

Long anticipated and finally here, the Securities and Exchange Commission (SEC) has filed 13 charges against Binance and its founder and CEO, Changpeng Zhao. Binance is the largest crypto exchange in the world, garnering around 60% of crypto trading. Zhao, who goes by CZ, is… Read More

June 3, 2023 @ 10:27 am By Omar Faridi  |  

HAYVN, a digital asset focused financial institution delivering Payments, Trading, Custody, Asset Management and Research services, has obtained a Virtual Asset Service Provider (VASP) license from the Lithuanian Financial Crime Investigation Service (FNTT). This regulatory approval “complements HAYVN‘s existing regulatory framework in the UAE, the… Read More

June 2, 2023 @ 10:31 am By JD Alois  |  

Exit opportunities are vital for the private securities ecosystem to function effectively. Obviously, investors back early-stage firms to generate capital gains, and this typically happens via an acquisition, merger, or public offering. Seedrs is unique in that it offers a relatively robust secondary marketplace to… Read More

June 1, 2023 @ 1:17 pm By Omar Faridi  |  

Traderpal is described as a simple and easy-to-use app designed to democratize access to financial markets for Spanish-speaking individuals. With Traderpal, users can “invest in thousands of US stocks, and ETFs and start building a diversified investment portfolio to help them achieve their financial goals.”… Read More

June 1, 2023 @ 11:30 am By JD Alois  |  

In recent days, Elon Musk tweeted that “commercial real estate is melting down fast. Home values next,” in response to a Tweet about the rapidly declining value of office real estate in Los Angeles and San Francisco, which is selling for less than the amount… Read More

June 1, 2023 @ 9:09 am By JD Alois  |  

Smart Lenders AM has surpassed $2 billion in online loans financed, claiming to be the top European crowdfunding specialist for debt. Smart Lenders, based in Paris, invests in loans originated in online lending platforms in Europe and the US. Loans include both consumer and business…. Read More

May 31, 2023 @ 10:41 pm By JD Alois  |  

On June 1, 2023, new rules regarding digital assets go into effect, which may make Hong Kong a crypto hub. Earlier this month (May 2023), the Hong Kong Securities and Futures Commission (SFC) concluded the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators. According… Read More

May 31, 2023 @ 4:57 pm By JD Alois  |  

EquityZen, a secondary marketplace for private securities, has distributed a post t0utuing the secondary market for private securities during a slow period of primary issuance and funding rounds. Of course, this is to the benefit of EquityZen as it is what the company provides, but… Read More

May 30, 2023 @ 10:47 pm By Omar Faridi  |  

Assetz Capital continues its strategic expansion, by appointing David Allanson to its Board as a Non-Exec Director. Following a 30 year+ career in commercial lending, latterly as Regional MD, Lloyds Corporate Banking, David has for the last 6 years “taken up several non-executive/board advisory roles,… Read More

May 30, 2023 @ 4:27 pm By Omar Faridi  |  

More than half of the surveyed investors pay attention to ESG policies when choosing a P2P platform, according to an update shared by Robo.cash. Almost one in four invest in “green” platforms, the team at Robocash reveals. Robo.cash conducted a survey “among European P2P investors… Read More

May 30, 2023 @ 10:30 am By JD Alois  |  

CDP Cassa Depositi e Prestiti has invested €25 million in the October SME V fund. October Italy CEO Sergio Zocchi thanked Cassa Depositi e Prestiti, noting the bank joins other European investors, such as European Investment Fund (EIF), Bpifrance, and Invest-NL, who will lend to… Read More

May 30, 2023 @ 9:48 am By JD Alois  |  

  Online real estate investment platform CapitalRise has announced the funding of a £5 million loan for the development of a 13,000 square-foot household on the private  Wentworth Estate in Virginia Water, Surrey. The loan will also fund the refinance and demolition of an existing property… Read More

May 30, 2023 @ 8:53 am By Omar Faridi  |  

Mintos have shared the latest updates on what their platform developers have been working. Mintos reveals recent improvements, feature developments, and “share the innovative solutions powering their platform.” This month, Mintos reportedly spoke to one of their engineers, Artis, a full-stack developer who started at… Read More