Tagged: european union

January 7, 2022 @ 1:27 am By Omar Faridi  |  

The team at Mintos, an investment firm that claims to be the leading alternative investment platform in the European Union, says they’ve made “big things” happen at Mintos in 2021, resulting in “a lot of transformative change.” According to Mintos, the loans asset class (for… Read More

January 6, 2022 @ 1:12 am By Omar Faridi  |  

Praxonomy, the “go-to” collaboration platform for boards of pre-IPO, small-cap and mid-cap listed firms as well as regulated private businesses, has raised 91% (£459,930) of its £500,000 target from 235 investors via Crowdcube (at the time of writing) with 9 days left in the firm’s… Read More

December 29, 2021 @ 11:53 am By JD Alois  |  

Wefunder is one of the leading investment crowdfunding platforms in the United States. A FINRA regulated funding portal, Wefunder is frequently the top offering platform when it comes to Reg CF offerings in any given month. In 2021, Wefunder published an “Impact Report” that highlighted… Read More

December 29, 2021 @ 10:18 am By JD Alois  |  

In December 2019, the Autorité des Marchés Financiers in France approved its first initial coin offering (ICO). France had previously pushed forward legislation that sought to regulate ICOs under the French Pact Law (or Loi Pacte). The Loi Pacte introduced an optional visa regime for… Read More

December 21, 2021 @ 10:34 am By Omar Faridi  |  

Proxymity has acquired $31 million in capital via its second funding round. Proxymity’s management confirmed that they will use the proceeds from the investment round to further expand their product and market presence, as part of a larger effort to offer digital global investor communications…. Read More

November 30, 2021 @ 7:54 pm By Omar Faridi  |  

DNA Payments Group, an independent, vertically-integrated omnichannel payments platform operating in the United Kingdom and the EU, is pleased to confirm the appointments of Lloyd Hutchinson as the Group’s Chief Commercial Officer and Andras Mecser as Chief Financial Officer. A graduate of the University of… Read More

November 30, 2021 @ 11:31 am By JD Alois  |  

Earlier this month, the European Crowdfunding Service Providers Regulation (ECSPR) went into effect across the entire European Union. A dramatic step forward in removing internal borders in regards to capital formation, and part of the overall Fintech Action plan, the regulation allows firms in need… Read More

November 19, 2021 @ 7:42 am By Omar Faridi  |  

Open data firm Okredo has finalized a €1 million seed round that was led by Lithuania’s Business Angels Fund and Presto Ventures, along with contributions from Startup Wise Guys and several angel investors. Okredo’s software-as-a-service or SaaS platform assists SMEs with assessing the credibility, financial… Read More

November 10, 2021 @ 3:23 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has published its final report on the “Draft  Technical Standards under the European Crowdfunding Service Providers for Business Regulation.” As was previously reported, European Crowdfunding Service Providers Regulation (ECSPR) goes into effect today. This enables issuers to raise… Read More

November 10, 2021 @ 11:27 am By JD Alois  |  

Harmonized European crowdfunding laws commence today (November 10, 2021). After years of engagement by industry leaders, largely due to the efforts of EuroCrowd, issuers may now utilize investment platforms to sell securities across all EU member states. The European Crowdfunding Service Providers Regulation (ECSPR) rules… Read More

November 10, 2021 @ 8:19 am By Omar Faridi  |  

Crowdcube aims to become the very first platform to operate under new European Union regulations (European Crowdfunding Service Providers or ECSP). Crowdcube, a leading online investment marketplace, will now be “uniquely positioned” to assist even more Europe-based businesses with securing capital while promoting engagement, loyalty,… Read More

October 20, 2021 @ 9:57 am By JD Alois  |  

Lithuania is a European jurisdiction that wants to support innovation in financial services. As part of the European Union, the small baltic country has the opportunity to be more agile within the regulatory realm in contrast to larger EU member states. This past week, the… Read More

October 17, 2021 @ 11:55 am By Omar Faridi  |  

Digital banking platform Revolut notes in a blog post that Halloween is soon on its way, however, there’s nothing “spooky” about the work they’ve been doing during October 2021. The Revolut team also mentioned that they’ve performed updates to enhance platform security and reduce your… Read More

October 10, 2021 @ 10:52 am By Omar Faridi  |  

Moorwand, a BIN sponsor and issuer that aims to transform compliance into an “enabler of innovation,” has been chosen by OneFor, a digital wallet and money transfer and payments service for the remittance market. Moorwand is offering issuing, acquiring and digital banking solutions that will… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

September 29, 2021 @ 9:53 am By Omar Faridi  |  

YouHodler, a Fintech platform that assists consumers with accessing the benefits of the crypto economy, has reportedly added support for Polkadot (DOT), Tezos (XTZ), TRON (TRX) and Aave (AAVE) tokens. YouHolder also noted in a release shared with Crowdfund Insider that they’ve established a 100%… Read More

September 29, 2021 @ 7:47 am By Omar Faridi  |  

UK-based digital bank Starling is expanding its business operations into Europe. As of H1 2022, “subject to regulatory approval,” Starling intends to make its Banking as a Service (BaaS) solution offering available in the European Union, which includes France, Germany, The Netherlands and Spain, according… Read More

September 25, 2021 @ 10:59 am By Omar Faridi  |  

Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.” Following steady business growth in the United Kingdom during the last 5 years, Modulr is expanding rapidly, putting significant investment… Read More

September 23, 2021 @ 9:22 am By JD Alois  |  

Fasanara Capital has closed on a €250 Million Fintech Fund that was supported by the European Investment Fund (EIF) that made a “cornerstone” investment in the fund. Fasanara Capital is a boutique alternative asset manager and an investor in Fintech lending in Europe. The fund… Read More

September 20, 2021 @ 8:04 am By Omar Faridi  |  

London-headquartered crypto Regtech firm Coinfirm reveals that it has finalized an $8 million Series A round. The company has also announced the appointment of Dr. Mircea Mihaescu as their new CEO. Coinfirm’s investment round has been co-led by SIX Fintech Ventures, which is the corporate… Read More