January 9, 2024 @ 10:28 am By JD Alois  |  

Latin American digital asset platform Bitso has distributed a list of predictions for 2024. Felipe Vallejo, Chief Corporate Affairs Officer at Bitso, the end of 2023 was positive for Bitso: “… not only because we reached 8 million users globally and 1,700 institutional clients, but… Read More

January 9, 2024 @ 10:20 am By JD Alois  |  

German real estate investment platform GenoCrowd has launched its 14th securities offering to kick off the new year. The offering is in partnership with AS Unternehmensgruppe – the third project listed by the company on GenoCrowd. The funding round is for a real estate project… Read More

January 9, 2024 @ 8:58 am By JD Alois  |  

The British Business Bank has announced an additional £21.25 million in funding for an existing ENABLE facility. The funding is in partnership with Tower Leasing. According to a statement distributed by the Bank, the money will go to fund smaller businesses aiming to acquire assets… Read More

January 9, 2024 @ 8:43 am By Omar Faridi  |  

Since the COVID-19 pandemic accelerated the transition to online banking, UK individuals are visiting their local bank branches less often and less frequently. Research courtesy of KPMG indicates that 21% of UK consumers haven’t visited a bank branch in the last year, up from 14%… Read More

January 9, 2024 @ 8:14 am By Omar Faridi  |  

Financing a new business can be one of the biggest hurdles entrepreneurs face, according to an update shared by UK’s Starling Bank. Some 85% of UK startups launched in the last three years “have relied on the founder’s personal capital as the initial source of… Read More

January 9, 2024 @ 8:09 am By Omar Faridi  |  

Hackers tied to North Korea stole at least USD$ 600 million in cryptocurrency in 2023, according to new research by TRM Labs. Additional hacks carried out in the final days of last year could, if confirmed to “have been committed by North Korea, push this… Read More

January 9, 2024 @ 8:05 am By Omar Faridi  |  

Coinshares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting a solid start for digital assets as we prepare for 2024, with $151 million in total inflows. According to the CoinShares latest weekly update, digital asset investment products saw considerable inflows during the first week of… Read More

January 8, 2024 @ 11:22 pm By JD Alois  |  

The Financial Technology Association (FTA) has posted a comment letter criticizing the Consumer Financial Protection Bureau (CFPB) and a proposed rule on digital payments. The FTA represents the interests of big Fintech firms like Stripe, Wise, Block, and others. The CFPB announced the proposed rule… Read More

January 8, 2024 @ 10:31 pm By Omar Faridi  |  

CME Group, which claims to be one of the leading derivatives marketplaces, reported its full-year, Q4 and December 2023 market statistics, “showing it reached a record average daily volume (ADV) of 24.4 million contracts during the year, an increase of 5% over 2022.” Q4 ADV… Read More

January 8, 2024 @ 10:29 pm By Omar Faridi  |  

Investors should “buckle up” as markets are likely to be volatile in the first quarter of 2024 and could drop by up to 20% – but you could find there are more opportunities to make money, affirms the CEO of an independent financial advisory and… Read More

January 8, 2024 @ 7:24 pm By Omar Faridi  |  

Buffalo, New York, will be the most active major housing market this year, according to a new analysis by Zillow (NASDAQ: Z and ZG). It may be hard to believe for some but as prices are rising elsewhere, Buffalo remains more accessible. Affordability is the… Read More

January 8, 2024 @ 7:10 pm By Michael Wong  |  

The Fintech sector in India experienced a significant decrease in funding in 2023, securing only $2 billion, a sharp decline of 63% and 76% from 2022 and 2021, respectively, according to a report by Tracxn. In comparison, the sector raised $5.4 billion in 2022 and… Read More

January 8, 2024 @ 7:08 pm By Omar Faridi  |  

Maalexi, the UAE-based dynamic risk management platform for SME agri-businesses, announces its completion of a $3 million pre-Series A fund raise. The investment round was reportedly “led exclusively by Global Ventures – MENA’s venture capital firm – which joins existing venture capital investors Rockstart (Amsterdam)… Read More

January 8, 2024 @ 3:13 pm By Omar Faridi  |  

The Bitcoin spot ETF approvals are expected to be announced this week. The final decisions are now expected to come this Wednesday, with trading starting before the end of this current week. In preparation for all of this, each ETF administrator is required to disclose… Read More

January 8, 2024 @ 1:20 pm By JD Alois  |  

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

January 8, 2024 @ 12:48 pm By JD Alois  |  

The quality of securities issued under  Reg CF largely depends on the perception of the investor. One person’s belief that a security offering is going to the moon can be mirrored by another who sees it as a dog. Big-name venture capitalists mostly get it… Read More

January 8, 2024 @ 11:52 am By Omar Faridi  |  

Dennis M. Kelleher, Co-founder, President, and CEO, issued the following statement on the filing of Better Markets’ Supplemental Comment Letter to the Securities and Exchange Commission (SEC) in response “to multiple proposed rule changes filed by national securities exchanges seeking to list and trade shares… Read More

January 8, 2024 @ 11:40 am By JD Alois  |  

Seedrs, part of Republic, has booked its 5th exit for investors in 2023. According to an X, UK-based Sennen has been acquired by renewable energy firm Kraken. (not the crypto exchange). Sennen provides software that caters to managing renewables and power storage. Sennen was part… Read More

January 8, 2024 @ 10:57 am By Omar Faridi  |  

The UK peer-to-peer (P2P) lending market witnessed “rapid” growth in 2023 and is set to continue into 2024, according to an update from  Sourced Capital. Although the market is growing according to reports from certain industry participants, there are many platforms/firms that have exited the… Read More

January 8, 2024 @ 10:35 am By JD Alois  |  

New cybersecurity rules are kicking in this week for the European Union. The regulation establishes an “internal cybersecurity risk management, governance and control framework for each Union entity, and sets up a new Interinstitutional Cybersecurity Board (IICB) to monitor and support its implementation by Union… Read More