Global

May 10, 2022 @ 8:18 am By Omar Faridi  |  

According to Carta data, the market for secondary liquidity “is still heating up.” Carta recently shared what they know: Q1 2022 saw a 57% increase over Q1 2021 in the number of secondary deals Dollars transacted rose $357M (+95%) over the Q1 2021 total Most… Read More

May 10, 2022 @ 8:16 am By Omar Faridi  |  

Residently, which is focused on “building the brand” for the world’s $2 trillion long term home rental market, has acquired 161% (£2,015,460) of its £1,250,000 target from 481 investors through its crowdfunding campaign carried out via Seedrs (at the time of writing). Located in London,… Read More

May 10, 2022 @ 8:12 am By Omar Faridi  |  

Legaltech company PocketLaw recently confirmed that it has finalized a €10 million Series A round that was led by European venture capital firm, Atomico. Targeting legal services for small and medium-sized firms, PocketLaw’s (software-as-a-service) SaaS platform provides contract creation, legal discovery, execution, storage, and various… Read More

May 10, 2022 @ 12:40 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – successfully “closed the residential building project ‘Talino’” in Vilnius, the capital of Lithuania. The real estate loan of €1 million, plus an interest rate of €74,490 (total amount of EUR 1 074 490) was reportedly… Read More

May 9, 2022 @ 9:25 pm By JD Alois  |  

Accelerated Payments, an invoice financing and SME credit platform, has appointed Steven Conrad as Vice President of Business Development for North America as the Fintech looks to boost its lending activity on the continent. Conrad will be based in Toronto. Accelerated Payments noted that the… Read More

May 9, 2022 @ 6:47 pm By Omar Faridi  |  

Under the background of the Russian- Ukrainian War and sanctions in western countries, a global commodity crisis is “brewing” and the new global monetary system – Bretton Woods Ⅲ may be developing, said Zoltan Pozsar, an analyst at UBS. A recent report by Huobi Research… Read More

May 9, 2022 @ 6:43 pm By Omar Faridi  |  

Hilary Wiek, CFA, CAIA Lead Analyst, Fund Strategies & Sustainable Investing, notes that when Pitchbook last reported their benchmark returns, performance “was through June 2021.” The research report also mentioned that vaccines “were available, masks were coming off, and many office workers had resumed their… Read More

May 9, 2022 @ 3:16 pm By JD Alois  |  

Mentum, a Latin American-focused Fintech, has raised a $4.2 million seed round led by Google’s Gradient Ventures. Other investors include Global Founders Capital, TwentyTwo VC, Soma Capital, Y Combinator, and the co-founders of Plaid and Jeeves. Mentum made the announcement last month sharing that they… Read More

May 9, 2022 @ 2:49 pm By Omar Faridi  |  

Flagstone, the United Kingdom’s Cash Deposit Platform, has announced the addition of two non-executive directors to its Board of Directors. The additions, designed to increase the depth of experience on the board, also “reflect the company’s commitment to ensure diversity of thought is encouraged across… Read More

May 9, 2022 @ 10:33 am By Omar Faridi  |  

Fintech startup FQX, which is known for its eNote, a blockchain-powered debt instrument, has appointed James H. Freis, Jr. as the firm’s new Regulatory Technology Officer. Freis draws upon his experience “from the public and private sectors in Europe, the United States, and globally, to… Read More

May 9, 2022 @ 9:15 am By JD Alois  |  

LedgerEdge has announced a regulated bond trading platform that utilizes distributed ledger technology (DLT or blockchain). LedgerEdge has selected Corda’s R3 permissioned blockchain to power the trading platform. LedgerEdge shares that it is targeting the $41 trillion global corporate bond market, much of which is… Read More

May 9, 2022 @ 8:12 am By Omar Faridi  |  

Build to Rent (BTR) developments are “exactly” as they sound: purpose-built residential units designed “to be rented out rather than sold,” the CrowdProperty team notes. In most cases, these schemes usually “offer longer tenancy terms and are managed by the owner or operator of the… Read More

May 9, 2022 @ 8:10 am By Omar Faridi  |  

Rapyd, an international Fintech-as-a-service platform, announced the launch of Virtual Accounts, a vital product “empowering businesses to expand globally while supporting local payments.” This new product offering enables organizations anywhere “to securely and reliably accept local bank transfers across over 40 countries in more than… Read More

May 8, 2022 @ 11:31 pm By Omar Faridi  |  

Czech company DoDo Group, “specialists” in last-mile B2B logistics tech, recently announced a €60 million Series B round led by EC Investments and J&T Capital. The funds will be used “to further develop DoDo’s data-driven logistics platform and drive the group’s expansion into Western and… Read More

May 8, 2022 @ 11:26 pm By Omar Faridi  |  

Hetz Ventures, one of Israel’s seed-stage venture capital funds, recently announced the closing of its third fund of $123 million. The new fund, Hetz III, brings the firm’s total assets under management to nearly $300 million, and like its previous fund, “was heavily oversubscribed.” Hetz… Read More

May 8, 2022 @ 11:22 pm By Omar Faridi  |  

DraftKings Inc. (Nasdaq: DKNG) has partnered with Metabilia, a memorabilia and NFT company operating at the forefront of physical and digital collectibles, which will “become the latest NFT supplier on DraftKings Marketplace.” The collaboration introduces “Membership NFTs” for fans “to chronicle the careers of top… Read More

May 8, 2022 @ 6:04 pm By Omar Faridi  |  

Moved by the “plight” of Ukrainian refugees and “inspired” by the efforts of colleagues in Poland, VikingCloud, (previously dba Sysnet), a provider of cybersecurity and compliance solutions, has “joined forces with UNHCR, the UN Refugee Agency.” VikingCloud has pledged “to match donations made via the… Read More

May 8, 2022 @ 4:46 pm By Omar Faridi  |  

The Luxembourg Stock Exchange (LuxSE) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) in order “to strengthen their cooperation and promote joint initiatives to advance financing for gender equality and women’s… Read More

May 8, 2022 @ 4:26 pm By Omar Faridi  |  

CleverTap, which claims to be one of the leading retention Clouds, recently added to its core leadership team “with the appointment of Honey Bajaj as SVP & Global Chief of Consumer Experience.” In this position, Bajaj will be expected to “pioneer CleverTap’s extensive program to… Read More

May 8, 2022 @ 12:02 pm By Omar Faridi  |  

Lendermarket, which claims to be one of Europe’s fastest growing P2P investment platforms, recently announced that it is becoming “a multi-lender platform after signing an agreement with Credory, an Estonian SME-financing company.” The partnership “enables Lendermarket to appeal to investors looking for lower-risk loans and… Read More