Tagged: investments

October 3, 2023 @ 8:13 am By Omar Faridi  |  

The AMF is warning the public against several companies “proposing atypical investments without being authorized to do so.” France‘s Autorité des Marchés Financiers explains that it regularly “updates its black lists of new websites and entities proposing atypical investments to investors in France without being… Read More

October 2, 2023 @ 7:23 pm By Omar Faridi  |  

Digital asset firm Gemini is pleased to unveil the new Gemini Institutional website, showcasing the breadth of crypto-native solutions available to Gemini’s institutional customers. Gemini‘s commitment to being “a secure and regulated onramp to crypto for institutions goes beyond just providing a best-in-class crypto trading… Read More

September 30, 2023 @ 4:31 pm By Omar Faridi  |  

U.S. retail investors remain optimistic about reaching their investing goals even as student loan payments resume and the threat of a recession looms, according to data from the latest Retail Investor Beat from trading and investment network eToro. In the short term, investors are still… Read More

September 29, 2023 @ 8:28 am By Omar Faridi  |  

One more business partner, Smartcredito from Spain, joins the PeerBerry platform. Smartcredito will offer PeerBerry investors investments “in short-term loans with a 10% annual return.” Loans provided by Smartcredito to PeerBerry investors “include a buyback and a group guarantee.” Smartcredito (legal name Arena Finance Spain… Read More

September 28, 2023 @ 8:02 am By Omar Faridi  |  

TruStage, an insurance, investment and technology provider, built on years of experience providing payment protection solutions to credit unions, announced the availability of its newest lending solution–Payment Guard Insurance. The Payment Guard product is a key innovation in the digital lending / insurance space. It… Read More

September 27, 2023 @ 8:04 am By Omar Faridi  |  

August was a benchmark month for Estateguru, with a “record-breaking” €15.0M successfully repaid by borrowers. Estateguru also reports that it saw €10,0M in loans funded across all of their markets. August was a key month for Estateguru, with substantial repayments by platform borrowers. In addition… Read More

September 26, 2023 @ 8:52 am By Omar Faridi  |  

Nearly nine in ten Americans believe it is time to update the financial system, but progress is being slowed “by resistance of those in power who embrace the status quo: outdated systems that limit economic freedom and opportunity for everyday Americans,” according to an updatre… Read More

September 25, 2023 @ 10:09 am By Omar Faridi  |  

Eurazeo, a global investment company with a diversified portfolio of €35 billion in assets under management, and iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, have announced a partnership to increase Wealth Managers’ access to Eurazeo’s broad range… Read More

September 25, 2023 @ 9:36 am By Omar Faridi  |  

Dawn Capital notes that this year, software spend globally topped $1 trillion. Less than a decade ago, this figure was reportedly half and by 2050 Gartner estimates it will reach $7 trillion. According to Dawn Capital, It has been “a challenging 18 months for tech,… Read More

September 24, 2023 @ 10:23 pm By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, announces its investment in the AMX-DWS Global Low Carbon Stewardship Fund. The fund is a new low-carbon global equity index strategy that “offers innovative stewardship voting capabilities, being one of the first pooled funds to offer… Read More

September 24, 2023 @ 10:05 pm By Omar Faridi  |  

Pitchbook introduces their research series: Country Snapshots in which they provide an overview of macroeconomic and microeconomic trends in various regions spanning both private and public markets. Here is what Pitchbook highlighted for Q2 in France: Contrary to VC, PE deal value in France “came… Read More

September 23, 2023 @ 6:18 pm By Omar Faridi  |  

In 19 months of the war (since February 24, 2022), PeerBerry business partners Aventus Group and Gofingo Group have, in total, “repaid PeerBerry investors €45.52 million or 90.64% of the total outstanding war-affected obligations.” Compared to other war-affected platforms, PeerBerry claims that it is the… Read More

September 23, 2023 @ 6:02 pm By Omar Faridi  |  

The growth that kickstarted in July has continued into August, “with increases across the board,” the team at Bondora noted. Loan originations, as well as investment product funding, “totaled over €15M each in August. Cash recoveries and collection efforts also increased to over €1M.” Bondora… Read More

September 23, 2023 @ 10:51 am By Omar Faridi  |  

International insurtech bolttech welcomed leading impact investment firm LeapFrog Investments as a new strategic investor in an extension of its Series B round. LeapFrog’s $50 million investment adds to bolttech’s recent Series B funding round, now totaling US$246 million. bolttech will use the proceeds from… Read More

September 22, 2023 @ 6:20 am By Omar Faridi  |  

Tether, the company behind the leading stablecoin USDT, is pleased to announce its strategic investment into Northern Data Group through Damoon, a Tether group company. With an $83 billion market capitalization, Tether is expanding its reach “beyond fintech, following recent investments in energy production, bitcoin… Read More

September 22, 2023 @ 6:05 am By Omar Faridi  |  

eToro, the trading and investing platform, has announced that its application for registration under the CySEC CASP (Crypto Asset Service Provider) Register in Cyprus has been approved. The registration will enable eToro to “offer regulated crypto services to all EU countries on a cross-border basis… Read More

September 21, 2023 @ 3:22 pm By Omar Faridi  |  

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, announced the launch of a solution that aggregates new bond deal data for asset managers, accelerates investment decision making and streamlines how they request and receive allocations. In primary markets for corporate bonds,… Read More

September 21, 2023 @ 10:36 am By Omar Faridi  |  

British Business Investments announces a £15m follow-on investment into North-West based Universal Leasing Limited. The investment, which follows an earlier £12m commitment made to Universal Leasing in 2018, allows the company “to further increase its support for smaller businesses.” The transaction will be structured “as… Read More

September 20, 2023 @ 8:44 am By Omar Faridi  |  

has secured funding from Helvetia Venture Fund, the investment arm of the Swiss insurer group Helvetia, tasked with investing in businesses that will shape the future of the insurance industry. Alongside Helvetia, other financial backers reportedly include Autonom and The Mavers. Having raised over €6m… Read More

September 19, 2023 @ 9:45 pm By Omar Faridi  |  

Stocktwits, the social platform for investors and traders across all asset classes including stocks, crypto, and other emerging investments, announced that they are launching options trading and increased sentiment data on the platform. These capabilities will expand the company’s existing suite of features “at a… Read More