Featured Headlines

December 21, 2022 @ 11:58 am By JD Alois  |  

SeedBlink, a co-investment platform, says it has raised €150 million in funding since its launch in 2019. In Bulgaria, its home market, SeedBlink reports having raised €2.69 million since launching domestically. SeedBlink claims more than 200 investment partners, including Bulgarian Eleven Ventures, LAUNCHub Ventures, Silverline… Read More

December 21, 2022 @ 10:48 am By JD Alois  |  

This is a bit of a surprise. Paxful, a peer-to-peer platform for crypto, has decided to remove Ethereum, the second most popular crypto in the world, from its platform. In a Tweet, Paxful founder and CEO Ray Youssef said they were choosing integrity over revenue,… Read More

December 20, 2022 @ 3:11 pm By JD Alois  |  

DealMaker, recognized as one of the fastest-growing private firms in Canada, has raised growth capital, according to a corporate statement. DealMaker, while based in Canada, offers services in the US as well as pursuing global markets. DealMaker is both a broker-dealer as well a tech… Read More

December 19, 2022 @ 12:07 pm By JD Alois  |  

Regulation Technology or Regtech is the future of regulation and compliance. This much is clear. Yet like other aspects of financial technology, adoption is taking place at a methodical pace. Regtech, alongside “Suptech” [supervisory technology], can alleviate many of the challenges intrinsic to the financial… Read More

December 17, 2022 @ 2:19 pm By JD Alois  |  

  The trifecta of legal action against Sam Bankman-Fried and the failure of FTX blossomed this past week as the US Attorney for the Southern District of New York filed criminal charges against Bankman-Fried. These charges were joined by civil charges filed by both the… Read More

December 16, 2022 @ 9:13 am By JD Alois  |  

Assetz Capital will exit its retail business and emerge as a lending platform completely funded by institutional money, according to an update posted on the company’s website. For observers of the peer-to-peer lending industry, the decision should come as no surprise. Assetz Capital has been… Read More

December 15, 2022 @ 6:16 pm By JD Alois  |  

Birchal, the leading securities crowdfunding platform in Australia (crowd-sourced funding), has returned with its annual report on crowdfunding in the country.  As Birchal books more than 70% of Australia’s offering volume, the platform closely tracks sector growth. Birchal reports that the top 20 online securities… Read More

December 15, 2022 @ 12:40 pm By JD Alois  |  

This past Tuesday, the House Committee on Financial Services hosted a hearing with a single witness – John J. Ray, III, the new CEO of FTX. Originally, the Committee had scheduled the former CEO of FTX, Sam Bankman-Fried, to testify, but his arrest the day… Read More

December 13, 2022 @ 4:44 pm By JD Alois  |  

This afternoon, the US Attorney’s Office for the Southern District of New York held a press conference discussing the indictment of Sam Bankman-Fried, the one-time CEO of FTX and now the alleged perpetrator of one of the largest frauds in history. As the details emerge,… Read More

December 12, 2022 @ 12:42 pm By JD Alois  |  

Enerfip, a France-based investment crowdfunding platform operating in the renewable energy sector, has gained approval to operate under ECSPR – European Crowdfunding Service Provider Regulation. Enerfip will now be able to raise capital online across all European Union member states. Issuers may raise up to… Read More

December 11, 2022 @ 5:22 pm By Omar Faridi  |  

We recently connected with Theresa Le Chief Claims Officer at Cowbell, which claims to be the leader in cyber insurance for small and medium-sized enterprises (SMEs). Cowbell is the provider of cyber insurance for SMEs and the “pioneer” of Adaptive Cyber Insurance. Cowbell reportedly “delivers… Read More

December 11, 2022 @ 4:51 pm By JD Alois  |  

The team at Crowdfund Capital Advisors (CCA) has issued their annual warning to firms that utilized Reg CF (Regulation Crowdfunding) to file their annual statements – as required by the exemption. If a company has not filed their annual report they are in breach of… Read More

December 9, 2022 @ 9:08 am By JD Alois  |  

Sam Bankman-Fried, founder and former CEO of FTX – the now bankrupt crypto exchange, has committed to testifying in front of the House Committee on Financial Services to discuss the collapse of FTX and affiliated entities. The agreement to testify came today following a back… Read More

December 7, 2022 @ 8:17 pm By Omar Faridi  |  

We recently caught up with Martin Dobelle, CEO at Engage Labs, which is set to launch soon, and will be leveraging technology “to empower citizens for democratic participation in the digital age.” Engage claims it is a Public Benefit Corporation. According to Engage Labs, to… Read More

December 7, 2022 @ 11:06 am By JD Alois  |  

This past Mondy, Silvergate (NYSE:SI) CEO Alan Lane took the extraordinary measure of posting a public letter defending his bank’s handling of the accounts of now bankrupt FTX and affiliated hedge fund Alameda Research. Silvergate is a regulated bank that has been a leader in working… Read More

December 7, 2022 @ 9:08 am By JD Alois  |  

ADDX has announced another digital security available for investors on its digital asset exchange. The most recent security is a venture debt offering by Innoven Capital – a JV between Seviora (a Temasek subsidiary) and UOB. The $50 million fund combines a fixed return as… Read More

December 6, 2022 @ 11:26 am By JD Alois  |  

Recently global investment platform OurCrowd announced that it had topped $2 billion in capital commitments on its platform. OurCrowd is based in Israel but caters to a global market of both investors and private firms in need of growth capital. When the milestone was announced,… Read More

December 5, 2022 @ 2:49 pm By JD Alois  |  

The failure of FTX and the allegations of fraud pointed at founder and former CEO Sam Bankman-Fried continue to garner much coverage in both traditional media as well as more modern digital news providers. The speed of the collapse, and the amount of funds involved… Read More

December 5, 2022 @ 9:36 am By JD Alois  |  

Circle, the issuer of dollar-based stablecoin USDC, has terminated the SPAC deal, which would take the company public, according to a release. The SPAC was initially expected to close this month (December). According to the statement, the two parties – Circle and Concord Acquisition Corp… Read More

December 4, 2022 @ 5:24 pm By JD Alois  |  

Last week, the Senate Agriculture Committee, which has oversight of commodities markets, held a hearing on the collapse of FTX, once an inside-the-beltway darling, today a virtual pariah as policymakers rush to react to the bankruptcy of the crypto exchange. Before the crypto exchange went bust,… Read More