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Jacobo Toll-Messia: Ethereum Scaling Solution Nahmii Founder Reveals They’re Focused on Real-World, Commercial Use-Cases for Blockchain

We recently caught up with Jacobo Toll-Messia, the Founder and CEO at Nahmii AS, which is focused on providing layer-2 scalability solutions for Ethereum (ETH), the world’s largest smart contract platform. Jacobo talked about the different approaches taken to effectively scale enterprise-grade blockchain or distributed… Read More

Robinhood Stumbles in Nasdaq Debut: IPO Priced at $38, Shares Close Lower

In one of the most anticipated Fintech initial public offerings (IPOs) of the year, Robinhood debuted on the Nasdaq today under the ticker “HOOD” in an offering priced at $38 a share. The share price came in at the low-end of the anticipated range. During… Read More

Crowdcube to Provide “Most Comprehensive” and Transparent Platform for Private Company Investments with New Partnership

Crowdcube, the European marketplace for shares in private firms, and Crunchbase, an established data platform, have partnered in order to power the “most comprehensive” and transparent platform for private company investment in Europe. Cubex, which officially goes live today (July 28, 2021), will feature “rich”… Read More

Boom. LendingClub Reports Strong Results, Boosts Guidance, Shares Rise Dramatically [u]

LendingClub (NYSE:LC), a Fintech that started as a peer-to-peer lender and now operating as a digital bank, has posted strong 2nd quarter results that easily topped expectations. LendingClub finally turned the corner on profitability shredding guidance that had expected a loss. Shares moved considerably higher… Read More

Senate Banking Crypto Hearing: Senator Warren Says Crypto is Dangerous for Our Financial System

The Senate Banking Committee held a hearing today on cryptocurrency aptly titled Cryptocurrencies: What are they good for? And as one may anticipate, the questions and support of digital asset innovation largely fell along party lines. For the witnesses, there were representatives from Coin Center, Filecoin,… Read More

Fernando Martinelli: Balancer Co-Founder Says DeFi Is Going to Be the Rails of Every Financial Application in Next 10-20 Years

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

European Government Funds May Get Distributed by European Crowdfunding Platforms

EU coins money Europe

Recently, a report was published regarding the European Commission distributing European (ESIF) funds through European crowdfunding platforms. Obviously, if this occurs it will be a boon for both platforms and issuers. The report was written by Karsten Wenzlaff, Ana Odorovic and Ronald Kleverlaan, along with consulting… Read More

Manu Smadja: CEO at MPOWER Financing, a Fintech Firm Facilitating Educational Loans, Shares Business Strategy

MPOWER Financing, a global education loan provider, recently secured an equity investment of $100 million. The new funding is in addition to the $60 million MPOWER raised earlier this year from Tilden Park Capital Management that also participated in the current round along with ETS… Read More

Biggest Quarter Ever: Global Fintech Funding Booms in Q2 as Pandemic (Hopefully) Recedes

Fintech, or financial technology, continues to capture outsized interest from venture funding. The transition from analog finance to fast-iterating digital finance is booming, accelerated by the COVID-19 pandemic (as the Delta variant rises). This publication believes we are still in the early innings of migrating… Read More

Gregory Zerzan on CBDCs: A Digital Dollar Could Be a Huge Challenge to Retail Banking

  Next week, the House Committee on Financial Services will hold a hearing on Central Bank Digital Currencies (CBDCs). This is not the first Congressional hearing on CBDCs, nor will it be the last. The concept of a digital dollar, issued by a central bank,… Read More

Regulatory Drums Pound Louder as SEC Chair Gensler Warns Crypto Exchanges on Derivatives, Stablecoins etc.

This past week, Securities and Exchange Commission Chairman Gary Gensler addressed the American Bar Association’s Derivatives and Futures Law Committee. Included in prepared remarks was a warning to crypto exchanges and their digital offerings. While most US-based crypto marketplaces have learned that adhering to securities… Read More

Lisa Fall, CEO of BOX Digital Markets, Waits on SEC for Regulatory Approval of Blockchain Based BSTX

  In 2018, BOX Digital Markets and tZERO entered into a joint venture that was predicted to become the world’s first regulated exchange for trading security tokens.  At the time of the announcement, it was reported that tZERO would manage the tech stack, maintenance, and… Read More

European Union Creates New EU Authority to Fight Money Laundering: No More Anonymous Crypto Transactions

The European Commission has updated the European Union’s anti-money laundering and countering terrorism financing (AML/CFT) rules. Included in the new policy is a requirement that anonymous crypto asset wallets will be prohibited. Along with the new policy on AML/CFT is the creation of a new… Read More

Robinhood Files Updated S-1 in Advance of IPO, Seeks to Raise to Raise $2.5 Billion

Robinhood, a fast-growing digital trading platform for both traditional securities as well as crypto, has filed an updated S-1 with the Securities and Exchange Commission (SEC) in advance of its forthcoming initial public offering (IPO). According to the document, Robinhood aims to raise up to… Read More

Reg CF: The Number of FINRA Regulated Funding Portals Plateaus

  The number of FINRA regulated funding portals has plateaued in the past few months. Periodically Crowdfund Insider reviews the roster of funding portals, a new type of financial entity created by the JOBS Act of 2012. Under the Act, approved platforms may raise capital… Read More

The UK is Still Killing it When it Comes to Fintech as 2021 Sees Record $5.7 Billion in Venture Funding

The United Kingdom has long been a top global Fintech hub – a title it is keen to maintain. The combination of a pretty supportive policy environment, a market economy, and a risk-taking entrepreneurial class, has fueled a Fintech boom. More recently, Brexit has challenged… Read More

LendInvest’s Shares Trade on London Stock Exchange AIM

One of the leading UK-based Fintechs LendInvest is now a publicly-traded firm. LendInvest’s shares commenced trading on the London Stock Exchange’s AIM market today in an initial public offering (IPO). Shares are trading under the ticker symbol “LINV”. As was previously reported, LendInvest will raise… Read More

Apple Plans Buy Now, Pay Later Service in Partnership with Goldman Sachs: Report

Apple (NASDAQ:AAPL), the world’s most valuable public company, is diving deeper into the Fintech space according to a report. Apple is expected to offer a Buy Now, Pay Later (BNPL) service similar to other Fintechs like Affirm. BNPLs have emerged as a hot sector of… Read More

Seedrs Update: The Most Active Pan-European Equity Crowdfunding Platform

Recently, Seedrs shared some insight into securities crowdfunding performance for the first half of 2021. While 2020 started out quite rough due to the arrival of a global pandemic, in the latter half of the year Seedrs, like many online investment platforms, showed solid resilience… Read More

Digital Finance Platforms Kapilendo, Finnest, Consolidate Under Invesdor Brand

Three European digital investment platforms Kapilendo, Finnest, and Invesdor will now consolidate under the Invesdor brand. Finland-based Invesdor was originally launched as a securities crowdfunding platform. In 2019, Invesdor and Finnest completed a merger. When the two companies merged, Finnest was operating as an online… Read More

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