Fair, a multilingual neobank and financial services platform, announced on Tuesday it secured $20 million and is planning to open early bird membership enrollment in March, with a public launch in April. Fair describes itself as a pro-consumer, equity-based, mobile-first alternative to traditional banking…. Read More
On Monday, CreditEase announced its fintech investment fund, along with next47 and BMW i Ventures, has invested in California automotive fintech company, Fair. This news comes after Fair announced the acquisition of Uber’s Xchange Leasing subsidiary’s leasing portfolio. According to CreditEase, Fair was launched in August… Read More
The debate over allowing equity-based crowdfunding is heating up in Canada’s largest province as the Ontario Securities Commission (OSC) is collecting letters from different groups either advocating for change or warning against it. This week, a group protecting investor rights weighed in on the issue… Read More
The Canadian Foundation for Advancement of Investor Rights (FAIR) has submitted comments to the OSC on its exempt market review, opposing the proposed equity crowdfunding exemption and offering memorandum exemption concepts. Crowdfunding and the OM exemption will undermine investor protection, make markets less efficient, undermine investor… Read More
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