Tagged: seedinvest

Poloniex to “Spin Out” of Circle & Become a New Independent International Company

Circle announced on Friday that its internal group, Poloniex, will be “spinning out” from Circle to become a new independent international company called Polo Digital Assets, Ltd. According to Circle, the spin-out, which is back by an undisclosed Asian investment group, will bring significant resources… Read More

3rd Round: NowRx Seeks $20 Million as it Returns to SeedInvest with Crowdfunded Offering

NowRx, an on-demand pharmacy that provides same-day delivery, is returning to SeedInvest for its 3rd crowdfunded offering. NowRx is seeking up to $20 million on a pre-money valuation of $65 million. Like many of the offerings on SeedInvest, investors get preferred equity in the Series… Read More

App based Lending Platform Lenmo Seeks Up to $3 Million on SeedInvest

Lenmo, an alternative lender that is a marketplace for investors to fund loans all on an App, is raising up to $3 million on SeedInvest. Lenmo is a small-dollar lender that will provide credit when banks say no as it will accept subprime borrowers –… Read More

SeedInvest Hammers on Definition of an Accredited Investor: “the current accredited investor definition is severely misguided and needs to change”

SeedInvest, one of the largest investment crowdfunding platforms in the US, has posted a comment letter pertaining to the Securities and Exchange Commission’s (SEC) concept release on regulatory harmonization. The comment letter is expected to be “one of multiple” letters with this first one addressing… Read More

Association of Online Investment Platforms Visits Capitol Hill to Discuss Crowdfunding Exemptions & More with House & Senate Staffers

The Association of Online Investment Platforms (AOIP) visited both House and Senate staffers last week, along with a meeting at the US Department of Treasury. The goal of the trip was to review the status of current crowdfunding exemptions and what must be done to… Read More

Cross Atlantic Crowdfunding Offering: Arival Bank Closes at USD $ 2.145 Million on SeedInvest – Crowdcube

Arival Bank, a digital-only challenger bank, has closed its crowdfunded bridge round (preferred equity) on SeedInvest-Crowdcube. Arival is the creation of a VC firm based in Singapore that claims 20 investments & multiple exits. The securities offering was a cross-Atlantic crowdfunding offering via the two… Read More

Update: Arival Set to Close Equity Crowdfunding Round With Nearly £1.2 Million in Funding

Arival, a digital bank that seeks to be crypto-friendly, is set to close its equity crowdfunding campaign on Crowdcube with nearly £1.2 million in funding. The banking group reported that the progress bar includes £1,065,060 raised through a co-offering (i.e. on SeedInvest). The Crowdcube round… Read More

Circle Plans $100 Million Venture Fund Working with SeedInvest

Digital asset ecosystem company Circle is planning a $100 million venture fund. The company will apparently leverage the SeedInvest investment crowdfunding platform which Circle acquired last year. According to a job posting on LinkedIn, Circle is seeking a General Manager to work with SeedInvest senior… Read More

Digital Bank Arival Struggles to Hit $3 Million Goal in Crowdfunding Offer but Reportedly on Track to Top Minimum

Arival, a digital bank that seeks to be crypto-friendly, has apparently only raised $210,000 of a funding round of $3 million on SeedInvest. The securities offering is being cross-listed on Crowdcube which indicates a larger amount of £348,912 being raised on a hurdle of £700,000…. Read More

Crypto Friendly Digital Bank Arival Accepting Investment Reservations on SeedInvest for Upcoming Crowdfunding Round

Digital challenger bank Arival is now accepting reservations for preferred stock on SeedInvest. Arival will be a crypto-friendly bank – unlike most traditional banks in the United States which tend to be crypto-averse. The bank was founded on the notion that banks in many places… Read More

Assure Services Claims to be the Largest SPV Service in the World and it Has Many Fintech Platforms as Clients

Recently Crowdfund Insider encountered a successful service that is not exactly a high profile business in the Fintech world. Back office fund management provided by Assure Services. What we did not realize is that many Fintech platforms are outsourcing their fund management so they may… Read More

Big News: Leading Crowdfunding Platform SeedInvest Receives ATS Approval From FINRA, will Add Secondary Trading for Private Securities

SeedInvest, one of the leading US-based investment crowdfunding platforms, has received regulatory approval from FINRA to operate a secondary marketplace for securities via an alternative trading system (ATS). SeedInvest is the first traditional crowdfunding platform to receive an ATS license. Providing liquidity for private securities… Read More

SeedInvest Plans Secondary Market & International Expansion

SeedInvest, an online capital formation platform that claims over 250,000 registered investors (50,000 accredited), is planning a significant expansion. SeedInvest is a full stack crowdfunding platform leveraging all three securities exemptions to raise capital online from seed stage an up. In the fall of 2018,… Read More

FINRA Approves Circle’s Acquisition of SeedInvest, Continues Mission of Tokenization

FINRA has given their stamp of approval to the acquisition of SeedInvest by Circle. The crypto focused company announced the purchase of SeedInvest in October of 2018.  The acquisition of a regulated securities crowdfunding platform by the blockchain based Circle represented a seminal turning point… Read More

Report: Steeply Discounted Circle Shares for Sale on SharesPost

Private shares for “global crypto finance company” Circle that sold in a Series E fundraise last May for $16.23 each are reportedly available for sale on SharesPost now for $3.80, The Block reports. The May raise put Circle’s valuation at $3.01 billion. Though The Block… Read More

Digital Brands Group: DSTLD Transatlantic Crowdfunding Round Closes at $3.2 Million , Plans IPO on AIM for March

Digital Brands Group (DGB), a “digital-first clothing & lifestyle brands” best known for DSTLD, has closed on its most recent securities crowdfunding round. DSTLD / DGB raised $3.2 million in a transatlantic investment offering. US based SeedInvest leveraged its ongoing relationship with UK based Crowdcube… Read More

Reg CF Closes the Year at $161.5 Million in Crowdfunding. Total for 2018 was Flat versus Year Prior

The StartEngine Index tracking Reg CF crowdfunding issuers was published a few days ago. According to StartEngine, total successful offerings since the securities exemption was launched in May of 2016 now stands at $161.5 million. So how does 2018 compare to the year prior? Excellent question…. Read More

Digital Asset Platform Circle Reports 200 Million Transactions for $75 Billion in Value During 2018

Digital asset platform Circle has published interesting insight into platform performance during 2018. According to the company, 2018 was a “whirlwind of a year.” Circle states that they currently serve over 8 million customers from all around the world. Transactions totaled $75 billion during the… Read More

HyperSciences’ Crowdcube/SeedInvest Campaign for Hypervelocity Tech Takes Off

HyperSciences, a creator of innovative technology that has the potential to access geothermal energy, speed up infrastructure projects, and make energy drilling safer and faster, is now overfunding on Crowdcube.  The US company has raised over £3,168,950 for 13.87% equity from more than 138 investors… Read More

DSTLD Follows Successful SeedInvest Raises with Yet Another Successful Raise… Live on Crowdcube

In October Digital Brands Group, a curated group of digital-first lifestyle brands and the parent company to Direct2Consumer brand DSTLD, secured more than $1 million in investments after only five days into its Reg A+ campaign on SeedInvest, the company’s second equity crowdfunding round with SeedInvest with more… Read More

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