September 26, 2018 @ 10:04 pm By Cali Haan  |  

Representatives from Wall Street and prominent US crypto investment/services firms are convening in Washington this week to attend a legislative roundtable hosted by Republican Representative Warren Davidson of Ohio, CNBC reports. Attendees at the roundtable, titled “Legislating Certainty for Cryptocurrencies,” are reportedly hoping to influence… Read More

June 25, 2018 @ 6:27 pm By JD Alois  |  

Andreessen Horowitz, perhaps the most prominent VC in the world, has gone crypto. In a blog post today, Chris Dixon,  a general partner at Andreessen Horowitz, announced the a16z crypto venture fund backed with $300 million of fiat currency. Dixon said the new venture fund will… Read More

May 18, 2018 @ 8:09 am By Cali Haan  |  

Seasoned reporter Paul Vigna, who covers cryptocurrencies and blockchain at the Wall Street Journal and who also co-authored a fine book on the subject, The Age of Cryptocurrencies, sat down at Consensus with VCs Balaji S. Srinivasan and Fred Wilson to discuss the business realities that may… Read More

May 2, 2018 @ 11:00 am By Dror Futter  |  

The US initial coin offering (ICO) market is the subject of a great deal of regulatory uncertainty resulting, in large part, from the absence of comprehensive guidance by the SEC.   The uncertainty has caused frustration for issuers and investors and has also been counter-productive… Read More

April 18, 2018 @ 7:01 am By Erin Hobey  |  

Point, a fintech platform that allows homeowners to unlock home equity wealth without taking on new debt, has agreed to a forward flow purchase program with investment firm Atalaya Capital Management to purchase up to $150 million of Point’s structured home equity investment instruments. “We’re… Read More

February 13, 2018 @ 12:33 pm By Erin Hobey  |  

Decentralized IT security marketplace PolySwarm has received an investment from cryptocurrency investment firm BlockTower Capital. BlockTower Capital launched in August, raising $140 million from backers including Union Square Ventures LLC and Andreessen Horowitz to bring professional trading and portfolio management to emerging digital assets like… Read More

February 2, 2018 @ 1:17 pm By Erin Hobey  |  

Coinbase, co-founded by Brian Armstrong and Fred Ehrsam, provides support for Bitcoin, Ethereum and Litecoin in 32 countries, with over 10 million customers served and over $50B in digital currency exchanged. Now the six year-old digital wallet and crypto-exchange Coinbase has reportedly crossed $1 billion in revenue… Read More

October 10, 2017 @ 1:17 pm By Erin Hobey  |  

OpenInvest, an online investment advisor empowering individuals to drive social change with their dollars, today launched its first iPhone app that features “the world’s first digital democracy,” the ability to vote in the shareholder resolutions with a simple swipe. The Y Combinator and Andreessen Horowitz-backed socially responsible investing… Read More

July 10, 2017 @ 7:45 am By Anthony Zeoli  |  

In a recent testimony to the Investor Advisory Committee of the Securities and Exchange Commission (SEC), Scott Kupor, CEO & Managing Partner of Andreessen Horowitz, a $6.5 billion multi-stage venture capital firm, gave an amazingly comprehensive and concise description of today’s vanishing IPO market, the… Read More

June 10, 2017 @ 10:59 am By JD Alois  |  

Cadre describes itself as a tech-enabled real estate investment platform with an emphasis on differentiated sourcing, diligence enhanced by data, increased transparency, and investor-friendly terms. Cadre is targeting bigger investors but has plans to expand their and now they have additional funding to execute on their… Read More

May 18, 2017 @ 7:10 am By Erin Hobey  |  

UK Fintech TransferWise has reached operational profitability six years after launch, according to a release. The Estonia-founded, London-based currency exchange startup indicated that it is currently amassing £8 million a month in revenue and is on target to reach £100 million for 2017. “To have hit… Read More

May 16, 2017 @ 3:18 pm By JD Alois  |  

OpenInvest has received $3.25 million in Seed funding led by high profile VC Andreessen Horowitz. The Fintech firm also received funding from Abstract Ventures, Wireframe Ventures and SV2. OpenInvest is described as “social impact investing platform” targeting retail investors. The Robo-advisor enables investors to align… Read More

February 25, 2017 @ 7:00 am By Jessica Pham  |  

Two-day conference Startup Grind earlier this week set in Redwood City, California at the Fox Theater boasted “5,000 founders and investors, more than 40 keynote and fireside sessions, and over 50 exhibiting startups”.  The ability to pull back from all of the pitches and decipher key messages… Read More

November 17, 2016 @ 3:45 pm By Samantha Hurst  |  

Real estate crowdfunding platform, PeerStreet, announced on Thursday it raised $15 million during a Series A funding round, which was led by Silicon Valley venture capital firm, Andreessen Horowitz, with additional participation from The Kaiser Family Foundation, Rembrandt Venture Partners, and Montage Ventures.  The portal revealed… Read More

September 13, 2016 @ 7:00 am By Erin Hobey  |  

Point, claiming the title as the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has raised $8.4 million in Series A funding led by Andreessen Horowitz which also led the company’s… Read More

May 15, 2016 @ 2:51 pm By JD Alois  |  

Billionaire shark and outspoken entrepreneur Mark Cuban is considering using Title IV of the JOBS Act. He sees the updated securities exemption as a huge opportunity.  Currently, most of the Mark Cuban media coverage has focused on him taking up the banner of the #nevertrump… Read More

April 7, 2016 @ 2:50 pm By Erin Hobey  |  

Crowdfunder now provides unprecedented access — for both experienced institutional investors and everyday investors — to early-stage deals from many of Silicon Valley’s leading VC firms.  Crowdfunder has launched a VC Index Fund which co-invests with a select list of leading VCs (the Index), investing $100,000 per deal… Read More

March 10, 2016 @ 4:30 am By Erin Hobey  |  

2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance  seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More

January 13, 2016 @ 12:00 pm By Erin Hobey  |  

Nearly one third of Americans will be using a technology company for financial services such as loans, mortgages and payments in five years, reports global P2P platform TransferWise Almost one third of Americans are likely to be using a technology provider and not a bank for… Read More

December 23, 2015 @ 9:53 am By JD Alois  |  

There is currently a bill weaving its way through Congress that will go a long way in addressing the regulatory negligence known as the definition of an accredited investor.  The SEC staff has proposed new rules, which the Commission may consider, that have the potential to… Read More