Investment Platforms and Marketplaces

May 5, 2023 @ 8:18 am By Omar Faridi  |  

In March 2023, the loan origination volume via EstateGuru reportedly “grew compared to February, with €7.0M worth of loans.” According to EstateGuru, the most active market “was Estonia (€3.1M), followed by Lithuania (€1.9M) and Finland (€1.2M).” In March, the loan origination volume via EstateGuru grew… Read More

May 4, 2023 @ 11:07 am By JD Alois  |  

Ireland-based investment firm Elkstone has raised around €5 million in strategic capital from a range of investors, including Dalata hotel group founder Pat McCann, according to a statement by the firm. McCann, who is also Chairman of the firm, said: “I take great pride in… Read More

May 4, 2023 @ 10:48 am By JD Alois  |  

Digital asset enabler Paxos has been recruited by Fierce to provide crypto services. Fierce is a neobank that offers a “super app” that includes an FDIC-insured checking account, a no-fee Debit Card, fractional stock, ETF trading, and more. Fierce banking services are provided in partnership… Read More

May 3, 2023 @ 5:12 pm By Omar Faridi  |  

InvestX Markets LLC, a private equity marketplace that empowers broker-dealers to invest in pre-IPO companies through single-issuer SPVs, multi-issuer funds and secondary market trading, announced a new partnership with Caplight Technologies, Inc., “to enhance data and improve price discovery through its trading platform, InvestX GEM… Read More

May 2, 2023 @ 7:19 pm By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) have introduced new features to simplify access to Web 3. According to the firm, Robinhood Connect helps “make Robinhood Crypto the most trusted, lowest cost and easiest to use crypto on-ramp.” Recently, at Consensus 2023, Robinhood Crypto GM Johann Kerbrat… Read More

May 2, 2023 @ 10:15 am By JD Alois  |  

The trading window for securities issued on the Seedrs platform is currently open, with 690 different securities potentially available for trading. The monthly trading opportunity is open for the next six days. While starting slowly, the secondary market has continued to inch higher, providing investors… Read More

May 2, 2023 @ 8:33 am By JD Alois  |  

Crowdcube, one of the largest securities crowdfunding platforms in the world, recently decided to take legal action against an issuer that raised growth capital on its platform. In 2022, Student Rents raised over  £466,000 from 179 investors for a 9.39% equity stake in for a… Read More

April 27, 2023 @ 4:11 pm By JD Alois  |  

Coinbase (NASDAQ:COIN)  has posted a 73-page response to the Securities and Exchange Commission’s (SEC) Wells Notice which indicates a high likelihood of an enforcement action by the commission. Last month, Coinbase revealed it was in receipt of the Wells Notice while taking a defiant stance against… Read More

April 27, 2023 @ 11:14 am By JD Alois  |  

  Tokeny, a Luxembourg-based tokenization platform, has revealed a partnership with Artory to “unlock the  $1.7 trillion art market through the market tokenization, enabling greater access and liquidity to the asset class. Fine art is said to have outperformed the S&P 500 for over 20… Read More

April 27, 2023 @ 9:56 am By JD Alois  |  

MERJ Exchange, a Seychelles-based regulated exchange, has signed an Introducing Broker Referral Agreement with Boustead Securities, a FINRA regulated broker-dealer. The deal will allow US-based investors to trade dual-listed securities on Upstream – part of MERJ. Upstream is a retail trading platform powered by Horizon… Read More

April 26, 2023 @ 4:50 pm By JD Alois  |  

Jumpstart Micro, a FINRA-regulated funding portal, has experienced a change of ownership, according to public filings. Funding portals are regulated platforms that may issue securities under Reg CF or Regulation Crowdfunding.  These intermediaries were created under the JOBS Act of 2012 to facilitate online capital… Read More

April 26, 2023 @ 11:48 am By JD Alois  |  

Bankrupt digital asset platform Voyager Digital has received a Dear John, or perhaps a Dear Voyager letter from Binance.US. In a series of Tweets, Voyager revealed that Binance.US has announced a separation from its previously announced agreement. Last January, bankruptcy courts approved the sale of… Read More

April 26, 2023 @ 11:01 am By JD Alois  |  

Estateguru, an online investing and originating platform that serves the European market, is reporting a “stable and success” first quarter of the year. Estategura says it funded 178 projects with a loan volume of €23 million and hitting a new milestone of over €700 million… Read More

April 26, 2023 @ 9:21 am By JD Alois  |  

Finery Markets has announced the launch of FM Liquidity Match – an OTC as a Service for digital assets. The OTC offering is being provided in partnership with Floating Point Group, which will become the inaugural user. FM Liquidity Match is a proprietary matching engine… Read More

April 26, 2023 @ 9:12 am By JD Alois  |  

TS Imagine has connected with European prime broker for digital assets – Crypto Finance. TS Imagine is a “cross-asset” trading platform that provides financial solutions for sophisticated investors. The company said it aims to offer institutional clients greater connectivity and liquidity in cryptocurrency trading with the… Read More

April 25, 2023 @ 12:56 pm By Omar Faridi  |  

Streetbeat is an investment platform designed “to make the stock and ETF trading process accessible for retail investors.” As a registered investment advisor registered with SEC, it reportedly “leverages algorithmic data-driven strategies to help users mitigate investing challenges and unlock new opportunities.” Their vision is… Read More

April 25, 2023 @ 9:58 am By Omar Faridi  |  

Investment platform Lightyear announces the launch of its web application. The requested feature will “enable customers to manage their portfolios, buy/sell shares and research 3,000+ instruments available on Lightyear.” As noted in the update shared with CI, the importance of offering “a web platform has… Read More

April 24, 2023 @ 12:32 pm By Omar Faridi  |  

Kraken has successfully registered its Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP). The firm claims that Kraken’s Irish VASP registration “demonstrates to both their clients and regulators that Kraken follows Europe’s most… Read More

April 24, 2023 @ 8:32 am By Omar Faridi  |  

After “proactive” efforts to petition the Central Bank of the Russian Federation (The Central Bank), in September 2022, Revo Russia (OOO Revo Technologies MFC) obtained special permission in order “to accelerate repayment of its obligations to Mintos investors in payments larger than 10 million RUB… Read More

April 22, 2023 @ 10:25 am By Omar Faridi  |  

Estateguru’s secondary market provides their investors with an “exit strategy,” should they need access to their funds “before the loan matures, but it’s also a way to diversify your portfolio, and build your wealth.” As a peer-to-peer lending platform based in Europe, Estateguru claims it… Read More