Investment Platforms and Marketplaces

March 27, 2023 @ 9:10 am By Omar Faridi  |  

Obligate, a Zürich-based investment platform that enables companies to issue on-chain bonds and commercial paper to receive funding, recently “opened onboarding for issuers and investors.” Built on Polygon, the L2 blockchain for institutional finance, the platform “enables the management of corporate debt financing in a… Read More

March 26, 2023 @ 2:02 pm By JD Alois  |  

OurCrowd, one of the largest digital marketplaces providing access to capital for private firms as well as investment opportunity for smaller investors, has signed a Memorandum of Understanding (MoU) with the government of Uruguay. Under the agreement, OurCrowd will partner with the Ministry of Industry,… Read More

March 25, 2023 @ 10:12 am By Omar Faridi  |  

InvestEngine, a platform that partners ETFs with investing techniques— giving users the skills & technology needed to grow their wealth, has raised 104% (£1,306,813) of its £1,250,000 fundraising target via Crowdcube from 378 investors (at the time of writing) with 20 days left in the… Read More

March 24, 2023 @ 5:20 pm By Omar Faridi  |  

Consilience, a Private market SaaS provider enabling tokenization of Real Assets making private equity easy to access, has raised 79% (£319,235) of its £400,002 target from 44 investors (at the time of writing) via Seedrs with 28 days left in the firm’s crowdfunding campaign. Located… Read More

March 23, 2023 @ 7:25 pm By JD Alois  |  

Issuance, a capital raising platform for investment crowdfunding, has partnered with DealPoint, a leading Canadian capital raising platform. DealPoint aims to improve upon the cross-border online investment process for issuers. According to Issuance, DealPoint provides similar technology to their service, which is offered in the… Read More

March 23, 2023 @ 10:14 am By JD Alois  |  

Yesterday, the only publicly traded digital asset exchange, Coinbase (NASDAQ:COIN), announced that it has received a Wells Notice from the SEC indicating there is a high possibility of an enforcement action. Coinbase criticized the move by the SEC, stating that it has attempted to engage with the… Read More

March 23, 2023 @ 8:30 am By Omar Faridi  |  

As of March 16, 2023, NYCCoin (NYC) and MiamiCoin (MIA) were no longer available to trade, buy, or sell via Okcoin. However, you can still “hold these coins in your account or withdraw them and trade them on the ALEX decentralized exchange.” The trading suspension… Read More

March 22, 2023 @ 11:03 pm By JD Alois  |  

Roofstock says it has sold another tokenized home. The property is located in Georgia and leveraged RealT – a real estate tokenization service = to assist in the transaction. The settlement was via an NFT sold on OpenSea “enabled by”Roofstock onChain – part of Roofstock…. Read More

March 22, 2023 @ 5:51 pm By JD Alois  |  

Coinbase (NASDAQ:COIN) has posted a statement indicating it has received a Wells Notice from the Securities and Exchange Commission (SEC). A Wells Notice is effectively a heads-up that the SEC is conducting an investigation for any potential infractions. While not a definitive indicator of a looming… Read More

March 22, 2023 @ 10:28 am By Omar Faridi  |  

Luno has announced that their co-founder and Chief Executive Officer Marcus Swanepoel is moving into a new role as Executive Chairman and Chief Operating Officer. Luno is a crypto exchange that is part of the Digital Currency Group (DCG). James Lanigan, who has been with… Read More

March 22, 2023 @ 9:06 am By Omar Faridi  |  

Digital securities firm Securitize and digital asset wealth platform Onramp Invest announced the beginning of broadened and distributed access to tokenized private equity funds from leading investment firms, including Hamilton Lane (NASDAQ: HLNE). Beginning now and expanding over the coming weeks, “at least four private… Read More

March 22, 2023 @ 8:23 am By Omar Faridi  |  

Given the recent market landscape, which has been fraught with geopolitical tensions, rampant inflation, interest rate hikes, and generally volatile conditions, Estateguru management decided “to increase the capital reserves of the company at the start 2023, and raised additional capital from its founders, existing shareholders… Read More

March 21, 2023 @ 11:40 am By JD Alois  |  

eToro, a “social investing” platform that provides access to both crypto and more traditional securities, has published information on performance during 2022. Not too long ago, eToro raised $250 million at a $3.5 billion valuation. The funding was an “Advance Investment Agreement” (AIA) which eToro… Read More

March 21, 2023 @ 11:05 am By Omar Faridi  |  

Netcapital Inc. (Nasdaq: NCPL, NCPLW), a digital private capital markets ecosystem, recently  announced financial results for the third quarter and first nine months of fiscal year 2023 ended January 31, 2023. Martin Kay, CEO of Netcapital Inc., said: “Over the past nine months, Netcapital has… Read More

March 21, 2023 @ 10:24 am By JD Alois  |  

WiseAlpha, an investment platform that provides access to fractional bonds, is preparing to raise growth capital on Seedrs. Regulated by the UK Financial Conduct Authority, WiseAlpha aims to give smaller investors the opportunity to corporate bonds at a low minimum of £100.  To participate, you… Read More

March 20, 2023 @ 5:00 pm By JD Alois  |  

In 2020, rules were approved by the European Union to facilitate cross-border online capital formation for issuers raising up to €5 million. For platforms, they must seek approval from the relevant authority in their home member state. While the process has been a bit slow,… Read More

March 20, 2023 @ 12:57 pm By JD Alois  |  

Smart Lenders AM, an asset management company specializing in managing portfolios of loans from established marketplace lenders, online-lending platforms and crowdlending platforms, has issued a statement in light of the ongoing market volatility and strain on the banking sector. Since its launch, Smart Lenders AM… Read More

March 19, 2023 @ 10:58 pm By Omar Faridi  |  

2023’s figures continue to “exceed expectations,” according to an update from investment platform Bondora. Investments for February via Bondora have “topped €20M for the first time in years, with a total of €20,660,543.” Increasing by 12.2%, loan originations on Bondora “totaled €19,228,733.” This is the… Read More

March 19, 2023 @ 10:56 pm By Omar Faridi  |  

The team at Debitum notes that platform performance in February reveals a solid start of the year. New Loan originator – Flexiadea Polska – assets are “available for investments; increased rates for existing Loan Originators; improvements of the platform (‘About us’ section rebuilt); new deposits… Read More

March 19, 2023 @ 10:55 pm By Omar Faridi  |  

In the latest Insight report, Mintos takes a look at how alternative lending has been gaining momentum. They focus on Southeast Europe (SEE), which in recent years has “seen the emergence of non-bank financial institutions offering accessible and convenient financial services.” Mintos delve into the… Read More