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Eurocrowd Questions Merger of FPF and France Fintech: Threat to Autonomy of Crowdfunding Sector

As previously reported, Financement Participatif France (FPF), the French crowdfunding association, and France Fintech merged in June of this year. Last month, EuroCrowd, the pan-European advocacy group for online capital formation, posted an Op-Ed questioning the impact of this move on the emerging securities crowdfunding industry. EuroCrowd has long… Read More

OurCrowd: Israel’s Most Active Venture Capital Fund

For years, OurCrowd has consistently ranked as a top venture capital fund in Israel. In a recent report issued by KPMG, OurCrowd was once again highlighted as the most active large VC in Israel during the first half of 2024. OurCrowd is an online investment… Read More

Mubadala Invests in Revolut, Valuing Fintech at $45bn

Abu Dhabi’s sovereign wealth fund, Mubadala, has taken its first stake in London-based Fintech company Revolut, participating in a share sale that valued the firm at $45 billion. Revolut is one of the largest crowdfunding success stories. During its early days, the company raised money… Read More

Investment Platform Mintos Announces Completion of European Rollout

Mintos has officially completed its European rollout. Mintos recently noted that they are pleased to announce that they have now officially launched across the entire European continent. According to Mintos, this marks a major milestone in their expansion journey, giving investors access “to their comprehensive… Read More

Goldman Sachs Expected to Take a Big Hit When it Exits Apple Card Arrangement

Not so long ago, Goldman Sachs (NYSE:GS) had huge ambitions in the consumer finance space enabled by Fintech. The theory expected that Goldman could lever its deep expertise in financial services to serve the masses by creating a tech stack to power consumer financial transactions…. Read More

BRIDGE Digital Assets Act Introduced in Congress: Aims to Establish Advisory Committee to Update Rules to Boost Digital Asset Innovation

Digital asset innovation has meandered in the US primarily due to the byzantine regulatory ecosystem which is based on rules established before crypto was even a thing. Today, Representative John Rose of Tennessee has introduced new legislation into Congress that aims to chart a path… Read More

Halt! eToro to Stop Trading Most Crypto in the US Following SEC Settlement: “We now have a clear regulatory framework”

eToro USA will halt nearly all crypto trading activity following an agreement with the Securities and Exchange Commission (SEC). The settlement also requires eToro to pay a $1.5 million fine. eToro has agreed to the settlement without admitting or denying the allegations. Going forward, eToro… Read More

Small Business & Entrepreneurship Council Warns About Damaging Policies Advocated by the Harris Campaign

Following Vice President Kamala Harris’s proposal to boost the startup deduction if elected President, the Small Business & Entrepreneurship Council (SBE Council) posted its feedback on the policy. Harris has recently highlighted her vision of fostering an economy of opportunity. While details are few, the startup… Read More

Crowdcube Co-Founder Darren Westlake Involved in New Music Startup, Plans Crowdfunding Round

Darren Westlake, co-founder of one of the largest securities crowdfunding platforms in Europe, Crowdcube, has joined a new startup. According to a report by CityAM, Westlake is shifting gears away from Fintech and into the world of music. Westlake exited Crowdcube in early 2023 after… Read More

Einat Steklov, Co-Founder at Kashable, Provides Insights on Lending Options and How the Firm Is Making A Major Difference in Employees’ Lives

    Many hardworking employees are finding themselves trapped in the cycle of high-interest loans, forcing them to deplete their savings or retirement funds and compromise their long-term financial security. When customers were asked by Kashable, a provider of “socially responsible” credit and financial wellness… Read More

Republic Now Offers Film Financing Vertical, Open for Investment Now

Republic, a global online investment ecosystem, is boosting its offerings once again by offering the ability to invest in films. While many platforms have periodically listed securities tied to the movie and video industry, it seems that Republic is taking a more dedicated approach to… Read More

Two Legal Experts Comment on OpenSea Wells Notice and Potential SEC Enforcement Action: Are NFTs Securities?

Last week, OpenSea, a popular NFT [non-fungible token] marketplace, revealed that it had received a Wells Notice from the Securities and Exchange Commission (SEC). The missive indicates a good probability of a forthcoming enforcement action against the firm. While NFTs are largely aligned with digital… Read More

Former ECB President Says EU is Falling Behind, Not Competitive, Causes Nightmares

In September 2023, Mario Draghi, previously the head of the European Central Bank (ECB), was asked by Ursula von der Leyen, the President of the Commission, to devise a plan to boost economic growth and competitiveness in the European Union. Yesterday, Draghi delivered an address to the European Parliament that… Read More

How AI Could Have Saved Evolve Bancorp and What It Means for the Future of Banking

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The US Federal Reserve Board’s June cease-and-desist order against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, came in response to a series of alarming deficiencies in its risk management, anti-money laundering (AML), and compliance practices. The order wasn’t just a regulatory formality—it was… Read More

Terence Kwok, Founder at Humanity Protocol, Comments on Potential Solutions for Digital Identity, Benefits of AI and Blockchain Tech

We recently caught up with Terence Kwok, CEO and Founder of Humanity Protocol. Terence Kwok spearheads Humanity Protocol, an organization dedicated to amplifying human potential amidst the transformative impact of artificial intelligence. He is a technology entrepreneur from Hong Kong and the CEO and founder… Read More

BIS Outlines Distributed Ledger Technology (Blockchain) Risks

In a working paper posted yesterday, the Bank for International Settlements (BIS) posted a treatise on Novel risks, mitigants and uncertainties with permissionless distributed ledger technologies (DLT). The executive summary of the paper is brief, explaining: “Banks that transact on permissionless blockchains or similar distributed… Read More

Dima Kats of Clear Junction Explains Why He Bootstrapped His Fintech Business

Dima Kats, Founder & CEO, Clear Junction, recently shared his views and insights with Crowdfund Insider. In April this year it was reported that Fintech funding dipped to a new four-year low, with only $7.3 billion invested in the sector globally during the first three… Read More

Alternative Asset Investment Platform Konvi Now Offers Fractional Real Estate in UAE

Konvi, a “luxury assets fractional investment platform,” is now offering fractional investments of real estate in the UAE. According to a note from the firm, Konvi is pursuing a fractionalised investment model, enabling investors to own a piece of property assets for as little as… Read More

Sygnum Bank: A Regulated Digital Asset Bank that Aims to Enable Everyone to Own Crypto

Sygnum Bank is a digital asset-focused financial institution that is based and regulated in Switzerland, supervised by the Swiss Market Financial Authority (FINMA). The company also holds a CMS [Capital Market Services license issued by the Monetary Authority of Singapore (MAS). Both of these jurisdictions… Read More

Number of Crypto Millionaires, Billionaires on the Rise: Report

According to a report published by Henley & Partners, the number of crypto millionaires worldwide is increasing. Their research shows that there are approximately 172,300 crypto millionaires worldwide, a 95% increase from last year. Wealthy Bitcoin holders are rising alongside that number as this sector… Read More

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