Citi Tests Tokenization Working with WisdomTree, Wellington Management

Citi (NYSE:C) says it has successfully completed a proof of concept regarding the tokenization of private funds. The firm partnered with WisdomTree and Wellington Management on the project. Tokenization refers to the digitization of assets, including securities. Typically, a tokenized asset will utilize blockchain or… Read More

SEC Gets Court to Enforce Subpoena Targeting Two Crypto Promoters

The Securities and Exchange Commission (SEC) says it has received a court order to enforce a subpoena targeting two crypto promoters who participated in the NovaTech investment program. The US District Court for the Northern District of Texas granted the SEC’s request for documents issued… Read More

Seedrs: 13 Funding Rounds in January plus Private Deals, Secondary Transactions Top £8.6 Million for the Month

Seedrs, a securities crowdfunding platform operating in the UK and continental Europe, has shared some numbers for platform performance during the month of January. Seedrs reports that it listed 13 primary securities offerings during the month. When you combine private deal room activity and secondary… Read More

Senator Elizabeth Warren Hammers SEC’s Approval of Bitcoin ETFs

Senator Elizabeth Warren has taken to X to express her displeasure with the Securities and Exchange Commission’s decision to approve eleven Bitcoin exchange-traded funds (ETFs). These funds started trading today after being approved yesterday, experiencing solid trading demand. Warren, a policymaker who is no fan… Read More

SEC Announces New Small Business Advocate

The Securities and Exchange Commission (SEC) has announced the new Small Business Advocate – a role that has been vacant for some time now. The Office of the Advocate for Small Business Capital Formation was created by legislation that was signed into law in 2016…. Read More

Reg CF: November Saw 135 New Issuers, $55.2 Million in Investor Commitments

Regulation Crowdfunding, or Reg CF, experienced a solid month during November. A total of 135 new issuers sought to raise money under the exemption, generating $55.2 million in investor commitments. Crowdfund Capital Advisors (CCA) monthly update shares that November offerings increased from the previous month… Read More

CaixaBank to Serve as Sustainability Coordinator for Green Financing Loan Arranged with European Banking Providers

CaixaBank will be the Sustainability Coordinator for the €750-million green financing loan that Acciona Energía has arranged, with a banking pool comprising nearly thirty Spanish and international institutions. The facility has been classified as Green Finance as it “will facilitate working capital for projects in… Read More

More Warnings About Cyber Scams

It seems like just about everyone, in both the private and public sectors, is issuing notes of caution in regard to cyber-scams and online fraud during this holiday season. While digital technology, including Fintech, has been a boon for consumers and businesses, it has already… Read More

European Crowdfunding Platforms Merge in Response to New Regulations

Several European crowdfunding platforms are joining forces to create what they call an alternative finance “super-platform” in response to the latest European crowdfunding regulations. Kapitaal op Maat (KoM), Max Crowdfund (MCF), and Capital Circle (CaCi) have announced plans to merge, creating a larger platform with… Read More

Fintech Platform REPAY, PDI Technologies to Automate AP Payments for PDI Enterprise Clients

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a technology integration with PDI Technologies, Inc., a global firm focused on “delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, to offer embedded… Read More

Invesdor Says Merger with Oneplanetcrowd Going Well as Green Wind Offering Successfully Funds

Invesdor, a securities crowdfunding platform approved to operate across the European Union, is touting a recent successful funding round that was listed on Oneplanetcrowd but saw solid participation across Invesdor’s home base. Oneplanetcrowd, an impact funding platform that focuses on green securities offerings, was acquired… Read More

LendingClub Shares Trolling its 52 Week Low

LendingClub (NYSE:LC), the only pure-play digital bank that is publicly traded, is bouncing along its 52-week low as its shares troll under $6. Of course, the market is sinking today across the board as the reality of longer for higher sinks in. That – and… Read More

The SEC Small Business Forum Provides 20 Recommendations to the Commission. Most will be Ignored.

The SEC’s annual Small Business Forum took place earlier this year, and in recent days, the report from the gathering was published. The Forum has taken place for more than 40 years, and while the participants regularly provide good recommendations to the Commission, few will… Read More

Saudi Contributes $10m to AIIB’s Special Fund Window for Less Developed Members

The Saudi Fund for Development (SFD) has agreed to contribute $10 million to the Special Fund Window for Less Developed Members (SFW) of the Asian Infrastructure Investment Bank (AIIB), according to an announcement. The agreement was signed by Sultan Abdulraham Al-Marshad, CEO of SFD, and… Read More

Reg CF: Dealmaker Reports Boxabl Raising Over $3 Million in Less than Nine Hours

Boxabl, a serial issuer that has utilized online securities offerings multiple times, has raised $3.26 million in less than nine hours, according to an X. The funding round is leveraging Reg CF and managed with the services of DealMaker, a broker-dealer and tech platform that… Read More

12(g) Rule is on the SEC’s Agenda for a Change. This Could Impact Private Companies, Forcing them to Register, Become Public Firms

The Securities and Exchange Commission (SEC) has published a long list of rule changes it intends to pursue. The complete agenda established by the Commission, under the leadership of SEC Chair Gary Gensler, is available here. One of the rule changes near the top is… Read More

LHV Bank Says Transfer From Estonian Affiliate to UK Completed

LHV Bank, a fully regulated bank in the UK, says the business transfer from its Estonian affiliate to the UK is now completed. LHV received its banking license in May 2023. LHV specialises in providing services for global Fintechs and SME Lending solutions for UK… Read More

Crowdcube to Utilize Legaltech to Speed Up the Funding Process in SeedLegals Partnership

Crowdcube has revealed a partnership with Legaltech firm SeedLegals. The goal is to speed up the fundraising process the utilizing technology. Crowdcube is expected to integrate the SeedLegals services directly into its platform in the coming months. This will also include applying for EIS/SEIS qualification,… Read More

Rapyd, the Fintech as a Service Provider, Appoints Dr. Shlomit Wagman as Global Chief Regulation and Compliance Officer

Rapyd, the global Fintech-as-a-Service provider, today announced the appointment of Dr. Shlomit Wagman, former Director-General of the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA), Head of the Israeli Delegation to the FATF, Chair of the FATF operational working group, and a Harvard-affiliated scholar,… Read More

Venture Capital: RideTandem Raises £2.3 Million in Funding Round Backed by Seedrs Investors as well as VCs

RideTandem has raised £2.3 million in a funding round led by Blackfinch Ventures, according to a statement issued by the firm. At the same time, Seedrs has listed the securities offering on their platform, enabling smaller investors access to participate in the offering. RideTandem has… Read More

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