JD Alois

StartEngine Files New Reg A+ and Concurrent Reg CF, Seeks $41+ Million

StartEngine, a leading US-based investment crowdfunding platform offering securities under the full stack of available exemptions (Reg CF, Reg A+, Reg D) has filed for another funding round Filed with the Securities and Exchange Commission (SEC), StartEngine has posted a Reg A+ offering seeking $41… Read More

Since January, the French Autorité des Marchés Financiers Has Whitelisted Just ONE ICO

France has been recognized as quickly crafting a digital asset friendly regulatory environment while some other jurisdictions struggled to move. The concept of digital securities and non-security crypto assets found support from policymakers and a law was enacted to create a structure for initial coin… Read More

Bitcoin Bull Run. Is the Halving and Massive Government Stimulus Fueling Bitcoin’s Rise?

May is here meaning spring is emerging for parts of the world. For all of the world, it also means that Bitcoin is on the cusp of the next Halving (or the Halvening). The Bitcoin Halving takes place every four years. This is when the… Read More

Next: CoinList Trade Adds Orchid Digital Currency to List of Digital Assets

CoinList Trade has added another digital asset to its list of crypto available to trade. CoinList Trade is a crypto exchange that was announced last year but opened for trading a few weeks ago. If you are curious as to which virtual currency you can… Read More

More Fintech Please: Lendio CEO Brock Blake Comments on Paycheck Protection Program Process

  The Paycheck Protection Program (PPP), part of the CARES Act, has emerged as an exceptionally popular policy program by the US government in its efforts to support a faltering economy. In brief, the PPP provides a loan for 2.5X times monthly payroll for struggling… Read More

Genesis Capital Publishes Q1 Report on Digital Asset Lending, Adds More than $2 Billion in Originations, Addresses March “Great Deleveraging”

Genesis Capital, an institutional digital asset lending platform, has published a report on Q1 performance. Genesis Capital is part of a group of companies that include Genesis Trading and Grayscale Investments. According to the report, Genesis Capital had a big month doubling originations to $2… Read More

COVID-19: Largest Real Estate Platform in Austria First Saw Dip, then a Bounce

  We are hearing a lot of chatter about some online lending platforms halting originations and some real estate crowdfunding platforms pulling back. A report out of the DACH countries provides some European perspective. In the DACH countries, property investment has been a standout performer… Read More

Federal Reserve Boosts Main Street Lending Program in Ongoing Battle with COVID-19 Devastated Economy

The Federal Reserve Board has announced it is expanding the scope and eligibility for the Main Street Lending Program. The Federal Reserve developed the Main Street Lending Program to help credit flow to SMEs that were in sound financial condition before the pandemic but have… Read More

Fireblocks Tops $30 Billion in Digital Assets Transfers, Sees Strong APAC Demand

Fireblocks reports having topped $30 billion in digital asset transfers and over $7 billion in monthly transfers, according to a company release. Fireblocks is an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets. Fireblocks seeks to enable exchanges, custodians, banks, trading… Read More

Report Calls Cryptocurrency Derivative Trading Gambling Due to High Leverage

  A report conducted by crypto research firm Diar calls crypto trading on derivative exchanges “more akin to gambling than sustainable trading strategies.” Ironically, the report was paid for by crypto derivatives exchange ZUBR. The report states that Bitcoin liquidations on popular derivatives exchanges have… Read More

Folk2Folk Reports Positive Net Income

Folk2Folk, a unique localized peer to peer lending company, is reporting a profit for the first time of £198,000 for the financial year of February 2019 to January 2020, according to a company release. In the previous period, Folk2Folk generated a £535,000 loss. Full audited… Read More

Over £4.1 Billion Has Been Distributed to UK Businesses Under the Coronavirus Business Interruption Loan Scheme

UK Finance has posted its weekly update as to the amount and number of loans distributed to SMEs impacted by the COVID-19 pandemic. According to the data, £4.157 billion has been approved under the Coronavirus Business Interruption Loan Scheme (CBILS) for 25,262 loans. 52,807 applications… Read More

Fintech Australia Posts Recommendations on Post COVID-19 Response to Support Financial Innovation

At the end of last month, the Australian Senate Select Committee on Financial Technology and Regulatory Technology submitted a request for input as to the impact of the COVID-19 pandemic on the Fintech sector. The committee said that it is “keenly aware” to the impact… Read More

Hit by Unexpected COVID-19 Pandemic Fashion Brand Ingrid Starnes Looks to Raise Capital Online

The global pandemic has been a total shock to the world. The COVID-19 crisis has devastated many businesses around the world. In New Zealand, popular fashion retailer Ingrid Starnes was planning a significant expansion of its business. Late last year, the company signed a lease… Read More

US Federal Reserve Commits to Keep Interest Rates Near Zero as Economy Stumbles

  The US Federal Reserve issued a statement today indicating its intent to leverage all of its tools to help prop up the COVID-19 infected economy. The Fed said it is “committed to using its full range of tools to support the U.S. economy in… Read More

Sondors Raises $570,000 on StartEngine, Says its Not Enough

The Sondors Electric Car Company, founded by Storm Sondors, has closed its securities offering on StartEngine having raised $569,413 from 761 investors. The Reg CF offering was seeking the max amount of $1.07 million. According to the offering page, investors are receiving common equity at… Read More

P2P Lending Platform Grupeer Says it May Take Up to 2 Years to Stabilize After COVID-19 Pandemic

  Earlier this month, Latvia-based peer to peer lender Grupeer announced it was pausing operations due to the COVID-19 pandemic. In a blog post, Grupeer founder Alla Kiska stated said that the Coronavirus had compelled the platform to halt operations as before and told investors… Read More

Fintech Incomlend Recognized as Best Startup at GTR Leaders in Trade Awards 2020

Incomlend, a global online invoice trading platform, has been recognized at the Global Trade Review (GTR) Leaders in Trade Awards 2020 as the “Best Fintech Startup”. GTR recognizes global top-performing companies in trade, commodity, supply chain, export finance, and fintech markets. Since launching in December… Read More

German Fintech Deposit Solutions’ Open Banking Solution Shows Dramatic Growth

Deposit Solutions, a Fintech based in Hamburg, Germany, is reporting some solid numbers. According to the company, its Open Banking platform has now transmitted a total volume of €25 billion in savings deposits, up from €16 billion 12 months ago. Deposit Solutions now reports 150… Read More

Digital Bank Tandem Reports Solid Adoption of AI Savings Tool

Tandem Bank says that over half of its customers are using its AI-enabled Autosavings feature after one year of availability. The Autosavings feature is designed to effortlessly build an individual’s savings account for them. Tandem notes that even prior to Covid-19, the company found that… Read More

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