Uncategorized

December 4, 2023 @ 9:30 am By JD Alois  |  

Regulation Crowdfunding, or Reg CF, experienced a solid month during November. A total of 135 new issuers sought to raise money under the exemption, generating $55.2 million in investor commitments. Crowdfund Capital Advisors (CCA) monthly update shares that November offerings increased from the previous month… Read More

December 1, 2023 @ 6:17 am By Omar Faridi  |  

CaixaBank will be the Sustainability Coordinator for the €750-million green financing loan that Acciona Energía has arranged, with a banking pool comprising nearly thirty Spanish and international institutions. The facility has been classified as Green Finance as it “will facilitate working capital for projects in… Read More

November 22, 2023 @ 11:26 am By JD Alois  |  

It seems like just about everyone, in both the private and public sectors, is issuing notes of caution in regard to cyber-scams and online fraud during this holiday season. While digital technology, including Fintech, has been a boon for consumers and businesses, it has already… Read More

November 12, 2023 @ 9:33 pm By Michael Wong  |  

Several European crowdfunding platforms are joining forces to create what they call an alternative finance “super-platform” in response to the latest European crowdfunding regulations. Kapitaal op Maat (KoM), Max Crowdfund (MCF), and Capital Circle (CaCi) have announced plans to merge, creating a larger platform with… Read More

November 5, 2023 @ 12:34 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a technology integration with PDI Technologies, Inc., a global firm focused on “delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, to offer embedded… Read More

October 5, 2023 @ 6:08 pm By JD Alois  |  

Invesdor, a securities crowdfunding platform approved to operate across the European Union, is touting a recent successful funding round that was listed on Oneplanetcrowd but saw solid participation across Invesdor’s home base. Oneplanetcrowd, an impact funding platform that focuses on green securities offerings, was acquired… Read More

October 3, 2023 @ 4:07 pm By JD Alois  |  

LendingClub (NYSE:LC), the only pure-play digital bank that is publicly traded, is bouncing along its 52-week low as its shares troll under $6. Of course, the market is sinking today across the board as the reality of longer for higher sinks in. That – and… Read More

October 3, 2023 @ 1:00 pm By JD Alois  |  

The SEC’s annual Small Business Forum took place earlier this year, and in recent days, the report from the gathering was published. The Forum has taken place for more than 40 years, and while the participants regularly provide good recommendations to the Commission, few will… Read More

September 30, 2023 @ 11:01 am By Michael Wong  |  

The Saudi Fund for Development (SFD) has agreed to contribute $10 million to the Special Fund Window for Less Developed Members (SFW) of the Asian Infrastructure Investment Bank (AIIB), according to an announcement. The agreement was signed by Sultan Abdulraham Al-Marshad, CEO of SFD, and… Read More

September 27, 2023 @ 4:19 pm By JD Alois  |  

Boxabl, a serial issuer that has utilized online securities offerings multiple times, has raised $3.26 million in less than nine hours, according to an X. The funding round is leveraging Reg CF and managed with the services of DealMaker, a broker-dealer and tech platform that… Read More

September 27, 2023 @ 3:36 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has published a long list of rule changes it intends to pursue. The complete agenda established by the Commission, under the leadership of SEC Chair Gary Gensler, is available here. One of the rule changes near the top is… Read More

August 28, 2023 @ 4:23 pm By JD Alois  |  

LHV Bank, a fully regulated bank in the UK, says the business transfer from its Estonian affiliate to the UK is now completed. LHV received its banking license in May 2023. LHV specialises in providing services for global Fintechs and SME Lending solutions for UK… Read More

July 27, 2023 @ 10:42 am By JD Alois  |  

Crowdcube has revealed a partnership with Legaltech firm SeedLegals. The goal is to speed up the fundraising process the utilizing technology. Crowdcube is expected to integrate the SeedLegals services directly into its platform in the coming months. This will also include applying for EIS/SEIS qualification,… Read More

July 22, 2023 @ 6:47 pm By Omar Faridi  |  

Rapyd, the global Fintech-as-a-Service provider, today announced the appointment of Dr. Shlomit Wagman, former Director-General of the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA), Head of the Israeli Delegation to the FATF, Chair of the FATF operational working group, and a Harvard-affiliated scholar,… Read More

July 12, 2023 @ 12:18 pm By JD Alois  |  

RideTandem has raised £2.3 million in a funding round led by Blackfinch Ventures, according to a statement issued by the firm. At the same time, Seedrs has listed the securities offering on their platform, enabling smaller investors access to participate in the offering. RideTandem has… Read More

June 16, 2023 @ 3:36 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC) has posted its agenda for its meeting next week. Established under Dodd-Frank, the IAC is supposed to represent the interests of individual investors, including smaller ones. In the past, the Committee has largely focused on… Read More

June 14, 2023 @ 3:11 pm By JD Alois  |  

The US Federal Reserve has decided to pause rate hikes as it aims to assess the impact of the past rate hikes that have been some of the fastest in history. The Federal Funds Rate will remain at 5 to 5-1/4%. The Federal Open Market… Read More

May 25, 2023 @ 12:10 pm By JD Alois  |  

Shoorah, a startup created by Ferne McCann and Lorri Haines, is preparing to launch an investment round on Seedrs. The pair became popular following the success of ITVBe’s First Time Mum series. McCann has been a TV personality and presenter for 10 years. Shoorah recently… Read More

May 12, 2023 @ 8:55 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed charges against GA Investors as well as anonymous operators or “John Does 1-4” alleging fraudulent offerings of securities that includes crypto. The SEC said the bogus offerings were made available through “dozens of websites.” The SEC is… Read More

May 5, 2023 @ 3:24 pm By JD Alois  |  

StartEngine has been raising growth capital once again in a self-crowdfunding round that has been available for several months now. According to the offering page, $13,858,375 has been raised in a Reg A+ offering for common equity from 7669 investors. StartEngine is selling shares at… Read More