Global

May 30, 2022 @ 1:07 pm By JD Alois  |  

Borrow a Boat, a marketplace for boat charters, is raising capital on Seedrs and the securities offering has almost hit its initial goal of £750,000. Borrow a Boat is pitching equity at a pre-money valuation of £25 million representing 2.91% ownership stake. The securities will… Read More

May 30, 2022 @ 12:46 pm By JD Alois  |  

Estonia-based lomob Technologies OU, a blockchain-based firm that is developing a “mobility marketplace network and token” has received an investment from Cypher Capital. Cypher Capital is a VC firm based in the UAE, and active in the global crypto, blockchain, and digital asset space. The… Read More

May 30, 2022 @ 11:33 am By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading Open Banking platform, has announced a collaboration with digital bank Zopa, which has gone live with account-to-account payments for its Smart Saver savings account. Zopa’s Smart Saver was launched in February with a focus on “helping consumers at… Read More

May 30, 2022 @ 10:44 am By Omar Faridi  |  

Tred, a company that aims to build the United Kingdom’s “leading” green neo-banking platform, has secured 117% (£702,642) of its £600,000 target (at the time of writing) from 895 investors via its crowdfunding campaign carried out through Crowdcube. Certified by both B Corp & 1%… Read More

May 30, 2022 @ 8:57 am By Omar Faridi  |  

The team at Nordigen notes that they are pleased to announce their partnership with Lenders “to help with the further optimization of the loan comparison services.” Lenders is a globally-accessible consumer loan comparison platform. Their insightful analysis offers customers with quick, dependable and cost-effective loans… Read More

May 30, 2022 @ 8:20 am By Omar Faridi  |  

C6 Bank has an “exclusive” promotion for new subscribers to the Atoms C6 Platinum points accelerator plan. Customers of the C6 Platinum card who subscribe to the points accelerator plan “will have the monthly fee charged for the first three months reversed in the following… Read More

May 30, 2022 @ 8:16 am By Omar Faridi  |  

FanHub, a play-2-earn game bringing an “extremely engaged” community to Web3, has secured 86% (£215,845) of its £250,008 target from 140 investors (at the time of writing) via Seedrs with 24 days left in the firm’s crowdfunding campaign. Located in London, FanHub operates in the… Read More

May 29, 2022 @ 8:00 pm By JD Alois  |  

Latin America and the Caribbean has emerged as a red hot region for Fintech development. A portion of the world long dominated by incumbent banks and other established service providers, Fintech has emerged as a fast track path to provide traditional and highly sophisticated services… Read More

May 29, 2022 @ 5:29 pm By Omar Faridi  |  

Presearch, the private, “decentralized” search engine with 3.8 million registered users and 150 million monthly searches, has announced its Mainnet launch, “shifting all search traffic to run on its decentralized network of community-run nodes.” Rather than using centralized computing infrastructure that is fully controlled by… Read More

May 29, 2022 @ 4:20 pm By JD Alois  |  

Waves, an issuer of another algorithmic stablecoin Neutrino USD (USDN) has distributed a plan to reanimate its troubled stablecoin. USDN lost its “peg” back in April tanking to around $0.66 and while it has bounced back a bit – now around $0.97 – USDN has… Read More

May 29, 2022 @ 3:45 pm By JD Alois  |  

The Organismo degli Agenti e Mediatori finanziari (OAM) only began accepting registrations for digital currency and digital wallet providers beginning on May 18th but in the ensuing days, 14 firms have registered including Binance, Bitpanda and more. The OAM is the exclusive authority in Italy… Read More

May 29, 2022 @ 2:46 pm By Omar Faridi  |  

Strabo, which aims to offer wealth analytics “at your fingertips,” has acquired 110% (£193,573) of its £175,003 target (at the time of writing) from 163 investors through its crowdfunding campaign via Seedrs (with 17 days left in the campaign). Located in London, Strabo operates in… Read More

May 29, 2022 @ 2:31 pm By Omar Faridi  |  

The Competition and Markets Authority (CMA) has released the findings and recommendations of a review by Kirstin Baker, which is one of its independent non-executive Directors, “to identify lessons from Open Banking for the CMA’s approach to designing, implementing and monitoring remedies in its market… Read More

May 29, 2022 @ 2:28 pm By Omar Faridi  |  

The team at Mintos notes that they are pleased to confirm that the first Notes are now available on the platform. According to Mintos, here’s what you should know about the arrival of the new financial instruments on the platform. Key takeaways shared by Mintos:… Read More

May 28, 2022 @ 10:45 pm By Omar Faridi  |  

Even though Bondora‘s cash recoveries declined in April 2022, the number of recovered loans increased considerably. Across all countries, recovered missed payments “increased by 2.3% to 79,281.” This means they have “a new record for the most missed payments recovered.” In March, Bondora claims it… Read More

May 28, 2022 @ 9:26 pm By Omar Faridi  |  

European lender EstateGuru reports that €14,7M worth of loans were financed during April of 2022. New loans in Estonia “contributed nearly 50% of the volume, followed by Germany and Latvia.” During the past month, EstateGuru reports it has “seen a rise in investor activity and… Read More

May 28, 2022 @ 7:10 pm By Omar Faridi  |  

LevelField Financial, the U.S. financial services firm uniting digital assets and traditional banking services in one “trusted” platform, has selected METACO, the provider of digital asset custody orchestration technology “to complex, global financial institutions.” LevelField is deploying its institutional digital asset management operations on IBM… Read More

May 28, 2022 @ 7:07 pm By JD Alois  |  

Anubi Digital, is the first or one of the first Italian digital asset custodians to gain approval and be registered with the Italian OAM (Organismo degli Agenti e Mediatori Finanziari (Organization of Financial Agents and Brokers)). The new rules only recently came to be and… Read More

May 28, 2022 @ 2:58 pm By Omar Faridi  |  

Capital provider Bloom Group S.A. has secured £300 million in capital via a round led by Credo Capital Partners and funds managed by Fortress Investment Group LLC (Fortress), making the company “the highest-funded revenue-based lending business in Europe.” It will drive the company’s ambition “to… Read More

May 28, 2022 @ 2:38 pm By JD Alois  |  

Seedrs, one of the largest securities crowdfunding platforms in the world, has launched a Dutch facing section of its website as it positions itself to benefit from pan-European investment crowdfunding rules. New rules were issued by the European Union in November of 2021. Currently, many… Read More