Investment Platforms and Marketplaces

April 17, 2023 @ 10:25 am By JD Alois  |  

At the end of March, US-based crypto exchange Bittrex announced that it was shuttering its operations. Bittrex stated that it would cease operations on April 30, 2023, while providing a series of timelines for its users, recommending that accounts are closed as soon as possible…. Read More

April 16, 2023 @ 11:07 pm By Omar Faridi  |  

Assetz Capital, which claims to be one of the UK’s leading alternative finance providers, has announced that it has “funded a loan of £2.83 million for a new residential development in the affluent area of Purley, south London.” The loan has been “granted to a… Read More

April 15, 2023 @ 5:58 pm By Omar Faridi  |  

Yieldstreet, the private market investing platform, has announced Lea Stendahl has joined the company as Chief Marketing Officer. A seasoned leader and innovator in direct-to-consumer financial services, Stendahl “will be responsible for driving growth across the company’s key verticals.” Stendahl previously “served as the CMO… Read More

April 15, 2023 @ 11:13 am By Omar Faridi  |  

CAIS, the alternative investment platform for independent financial advisors, continues to see an increase in demand for customized white label funds among independent broker-dealers (IBDs) and registered investment advisors (RIAs) “seeking alternative asset allocations on behalf of their clients.” CAIS’ white label fund solutions–Custom Funds–”allows… Read More

April 13, 2023 @ 10:44 am By JD Alois  |  

In the UK, early-stage private firms are supported with innovative tax exemptions designed to make investing in risky ventures more appealing. As everyone knows, a robust entrepreneurial and startup ecosystem is crucial for a growing economy. UK policymakers have made investing in private firms more… Read More

April 13, 2023 @ 7:40 am By Omar Faridi  |  

October explains that embedded lending is a relatively new concept in the financial technology (fintech) sector that has been “disrupting” the industry in recent times. Ravis de vous partager aujourd’hui quelques unes de nos références partenaires utilisant déjà notre offre embedded ! Ce qui leur… Read More

April 11, 2023 @ 10:30 pm By Omar Faridi  |  

Republic Crypto, part of US-based securities crowdfunding firm Republic, has “expanded to the UAE with an aim to grow its presence and offer its services across the MENA region.” Republic Crypto is partnering with Ghaf Labs, a UAE-based incubator in supporting blockchain-based firms. Ghaf Labs… Read More

April 11, 2023 @ 4:35 pm By JD Alois  |  

Bitfinex Securities El Salvador S.A. de C.V., has been granted the “first ever” license as a Digital Asset Service Provider under El Salvador’s new Digital Assets Issuance Law or Ley de Emisión de Activos Digitales – which became law in January 2023. Bitfinex Securities El Salvador… Read More

April 11, 2023 @ 10:55 am By JD Alois  |  

Trading platform Webull has launched “Cash Management” that brings users a 4.1% APY return on parked cash, according to a company statement. Webull states that interest will be accrued daily and paid out each month. The higher returns, in comparison to what banks typically pay… Read More

April 10, 2023 @ 12:12 pm By JD Alois  |  

CI has once again reviewed the roster of FINRA-regulated funding portals to gauge the growth or decline of these platforms that provide online capital formation. Funding Portals were created under the JOBS Act of 2012 and typically list securities under Regulation Crowdfunding (Reg CF). This… Read More

April 10, 2023 @ 10:40 am By JD Alois  |  

The demise of Silicon Valley Bank (SVB) left a big hole in the early-stage/private firm ecosystem. SVB was a favorite bank of VCs and hence the companies they invested in.  The failure of SVBs has exacerbated the already challenging funding environment for private firms that… Read More

April 9, 2023 @ 11:57 pm By Omar Faridi  |  

In March, the total investments on Mintos saw “a surge of €90.7 million worth of Notes funded, with interest earned by investors amounting to €4.3 million.” This was largely “driven by a decrease in pending payments.” The average interest rate for March “was 12.6%, resulting… Read More

April 9, 2023 @ 11:47 pm By Omar Faridi  |  

The team at Bondora says that they truly believe in working hard and “celebrating hard.” Each update, no matter how small, should be acknowledged, the Bondora team added. And there were some significant milestones to celebrate in Q1 of 2023, the firm reveals. Bondora celebrated… Read More

April 9, 2023 @ 9:52 pm By Omar Faridi  |  

In March, PeerBerry investors reportedly funded €65.53 million of loans, “i.e., €10.23 million or 18.5% more than the previous month.” In March, their investors “received €877 001 in interest.” 1071 new investors joined the platform last month. The average annual ROI on PeerBerry “in March… Read More

April 9, 2023 @ 6:37 pm By Omar Faridi  |  

Bitfinex Derivatives, a derivatives platform that is accessible through Bitfinex announced  a range of perpetual contracts “for three of the largest and oldest Asian Equities indices; HONG KONG 50, JAPAN 225 and AUSTRALIA 200.” The launch of these equity perpetual contracts will reportedly “allow Bitfinex… Read More

April 9, 2023 @ 2:36 pm By Omar Faridi  |  

Debitum has shared key updates including the number of assets (loans) pooled into Asset-Backed Securities by Loan Originator In March, the Debitum platform reportedly “offered to place investments in 10 ABS programs consisting of 175 loans.” The total number of assets “at the end of… Read More

April 9, 2023 @ 2:29 pm By Omar Faridi  |  

After a “quiet” February, Robocash slightly increased volumes and continue “to provide you with a stable income.” The platform has reportedly “exceeded 600 M euros of purchased loans since the launch of Robo.cash.” Changes in the Refer a Friend Program From March 10, 2023, the… Read More

April 7, 2023 @ 1:16 pm By Omar Faridi  |  

CrowdProperty, an online property lending platform, has raised 103% (£414,271) of its £400,009 target via Seedrs (at the time of writing) from 403 investors with 5 days left in the firm’s crowdfunding campaign. CrowdProperty has utilized the services of Seedrs multiple times in the past…. Read More

April 6, 2023 @ 6:35 pm By JD Alois  |  

Republic, the largest securities crowdfunding platform in the world, says the launch of Republic Note next week is a step in the platform’s transformation to Republic 3.0. While I am not certain exactly what Republic 2.0 represents – probably its acquisition of Seedrs and the… Read More

April 6, 2023 @ 5:37 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA), the group that represents all state securities regulators plus provinces in Canada and states in Mexico, has announced a penalty of $10 million assessed on Robinhood (NASDAQ:HOOD). Under the terms of the settlement, Robinhood neither admits nor denies… Read More