Global

March 24, 2021 @ 8:51 am By JD Alois  |  

Property investment platform Brickowner reports that individual investors are poised to invest, on average £37,000 into property according to an in-house survey. Brickowner allows investors to invest in commercial and residential property for as low as £500. Investors purchase shares in a Nominee that then… Read More

March 24, 2021 @ 8:23 am By JD Alois  |  

In a series of Tweets, Tesla CEO Elon Musk said consumers may now purchase a Tesla and pay with Bitcoin.   You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 Musk went on to explain that this functionality is… Read More

March 24, 2021 @ 8:11 am By Omar Faridi  |  

Lending platform RateSetter explains that a debt consolidation loan might be a good or suitable way to make managing your funds easier by “rolling your existing borrowing into one simple monthly payment.” RateSetter, which was once a leading P2P lender that has now sold its… Read More

March 24, 2021 @ 8:08 am By JD Alois  |  

Feedzai, a cloud-based financial risk management platform, has raised a $200 million Series D round led by KKR, with participation from existing investors Sapphire Ventures, and Citi Ventures. Feedzai said the funding placed a valuation on the firm in excess of $1 billion. The company… Read More

March 23, 2021 @ 10:37 pm By Omar Faridi  |  

The team at Fundbox, an AI-driven credit platform for B2B commerce, recently published a blog post that looks into the possibility of getting a business loan without providing collateral. Fundbox’s blog post notes that when we are planning to expand our business, many of us… Read More

March 23, 2021 @ 9:19 pm By JD Alois  |  

Payments platform Airwallex has raised an additional $100 million in an extension of its Series D funding round that brings the total to $300 million. Airwallex was valued at $2.6 billion in the round. To date, Airwallex reports having raised almost $500 million in equity… Read More

March 23, 2021 @ 10:59 am By JD Alois  |  

Equa has announced integration partnerships with TokenSoft, Horizen Labs, PolyMath, and AIKON. Equa is a blockchain-based equity management platform that facilitates the management of digital assets. Shawn Owen, CEO of Equa, said that businesses need a better way to align their business goals and the… Read More

March 23, 2021 @ 9:11 am By JD Alois  |  

WiseAlpha, a digital bond investing platform, shares that its Bond Academy education platform has launched on the Open University. Regulated by the UK Financial Conduct Authority, WiseAlpha is an online investment platform that makes corporate bonds available to private investors at affordable sizes, via its… Read More

March 23, 2021 @ 9:00 am By JD Alois  |  

Robo.cash, a peer-to-peer lending marketplace, says the top asset classes for investing in 2021 are gold, crypto followed by peer to peer loans. Robo.cash says that researchers analyzed 10 popular assets and ranked them in 7 different criteria. All assets were given a score of… Read More

March 23, 2021 @ 8:45 am By JD Alois  |  

Property investment marketplace CrowdProperty has hired Rupert Lowe MRICS as Business Development Manager. Lowe joins alongside five other CrowdProperty appointments so far in 2021 and a total of 21 new appointments in the past 12 months since lockdown 1.0 began. CrowdProperty states that significant growth… Read More

March 23, 2021 @ 8:29 am By JD Alois  |  

Freetrade, a commission-free trading app that is regulated by the UK Financial Conduct Authority (FCA) has raised a $69 million Series B funding round led by Left Lane Capital. The valuation was not disclosed. Draper Esprit and L Catterton also participated in the round. Freetrade… Read More

March 23, 2021 @ 8:04 am By Omar Faridi  |  

Vancouver-based Fintech firm Beanworks will reportedly be acquired for $105 million. As reported by BIV, Beanworks is considered a high-growth tech firm and its acquisition deal is estimated at over $100 million. French enterprise services company Quadient SA ADR stated on Monday (March 22, 2021)… Read More

March 23, 2021 @ 7:59 am By Omar Faridi  |  

Credorax, a “smart” payments provider and “fully-licensed” bank offering cross-border processing for digital commerce and omni-channel payments, notes in a blog post that local payment methods (LPMs), also called alternative payment methods (APMs), are now “disrupting cards’ long-held dominance over the payment landscape.” Maya Shilo-Feldman… Read More

March 22, 2021 @ 11:17 pm By Omar Faridi  |  

Digital asset exchange OKEx recently explained how Filecoin (FIL) aims to disrupt the file storage sector in the “age of decentralization.” OKEx confirms that Filecoin made its highly-anticipated launch last year. As noted by the crypto exchange, the aim of FIL tokens is “to be… Read More

March 22, 2021 @ 11:08 pm By Omar Faridi  |  

Google (Nasdaq:GOOGL) is reportedly planning to spend $7 billion on real estate this year, mainly in the form of office space and data centers. During 2020, the tech giant had put its real estate spending plans on hold as the COVID-19 pandemic weighed on the… Read More

March 22, 2021 @ 10:55 pm By Omar Faridi  |  

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

March 22, 2021 @ 12:49 pm By JD Alois  |  

The Financial Action Task Force (FATF) has posted its 6th draft guidance as to how countries should deal with virtual assets (digital assets) and virtual asset service providers or VASPs. Several years ago, FATF announced an initiative to tackle possible money laundering or the financing… Read More

March 22, 2021 @ 11:29 am By Samantha Hurst  |  

      Dubai International Financial Centre (DIFC), an international financial hub in the Middle East, Africa, and South Asia (MEASA) region, has received approval to join the World Alliance of International Financial Centers (WAIFC). WAIFC is described as a non-profit association registered in Belgium,… Read More

March 22, 2021 @ 11:00 am By JD Alois  |  

OurCrowd has partnered with Waterfund to build an investment portfolio of 15 water and Agtech companies. According to a release, Waterfund has committed $50 million of capital to the OurCrowd managed portfolio, with an initial investment completed in Plenty, Inc., a vertical farming firm. Simultaneously,… Read More

March 22, 2021 @ 10:33 am By JD Alois  |  

Digital bank Revolut has submitted its application to receive a national bank charter, according to a note from the company. Having launched in the US about one year ago, currently, Revolut offers banking services in partnership with Metropolitan Commercial Bank. Partnering with a chartered bank… Read More