As Confusion Swirls Regarding PPP, FinCEN Provides FAQ Regarding BSA...
The Paycheck Protection Program (PPP), one of the elements of the CARES Act designed to help the US SME sector that has been demolished by the COVID-19 pandemic, has been lauded in its intent but...
View ArticleTelegram to Refund Money from GRAM ICO? Perhaps.
Last Thursday, a letter posted on the Russian website of SmartLab said that Telegram will offer GRAM purchasers the option to receive their money back as the deadline for the issuance of the tokens had...
View ArticleEstateGuru Opens £2 Million Crowdfunding Round on Seedrs, Quickly Tops...
EstateGuru, an online marketplace for loans secured by property, has quickly topped its minimum crowdfunding hurdle on Seedrs. EstateGuru set a minimum raise of €350,000 but as of today, the Fintech...
View ArticleDigital Asset Derivatives Platform ZUBR Receives “In Principle” Approval from...
ZUBR, a digital asset platform to arbitrage using derivatives, has received “in-principle” approval from the Gibraltar Financial Services Commission (GFSC) to be authorized as a Distributed Ledger...
View ArticleLendingClub Report: We are observing resilience on the platform
LendingClub (NYSE:LC) has published a blog post and affiliated 8-K updating on platform performance during a challenging market pummeled by COVID-19. During the last earnings report, LendingClub...
View ArticleInsurtech LeaseLock Milestone: Insured Leases Totals More Than $300 Million...
LeaseLock, an insurtech that provides totally eliminates security deposits, surety bonds and guarantors in rental housing, recently announced it has insured leases totaling more than $300 million in...
View ArticleHM Treasury Update Shows Ongoing Rise of COVID-19 Support Schemes, Bounce...
HM Treasury has posted its weekly update on its COVID-19 business support schemes and as one would expect the numbers continue to push higher. HM Treasury reports that more than one million...
View ArticleUK Fintech Wagestream Secures £20 Million Through Series B Funding Round Led...
Wagestream, a UK-based fintech, announced on Tuesday it has secured £20 million through its Series B funding round, which was led by Northzone with participation from Balderton Capital, QED Investors,...
View ArticleMainvest CEO Calls US Paycheck Protection Program a Failure: “the small...
Nick Mathews, CEO of Mainvest – a FINRA regulated funding portal offering securities under Reg CF, believes that the highly touted and popular Paycheck Protection Program (PPP), launched by the US...
View ArticleOverfunding: Insurtech Startup Honcho Quickly Secures £1.2 Million Through...
Just a few months after securing £1.2 million through its latest investment round, UK-based insurtech Honcho has launched an equity crowdfunding campaign on Seedrs and quickly secured its initial £1.2...
View ArticleCoconut Tops Crowdfunding Target, Closes Securities Offer at £2.45 Million
Coconut, an accounting and business finance app, has topped its offering target on Crowdcube. Coconut originally sought £700,000 at a pre-money valuation of £12 million. In the end, Coconut closed the...
View ArticleKing of the Hill: StartEngine Claims it Raised More Under Reg CF in Q2 Than...
StartEngine claims that it raised more money under Reg CF than any other platform during Q2. Reg CF (or Regulation Crowdfunding) enables a company to raise up to $1.07 million from both accredited or...
View ArticleGate.io Announces Upgraded Version of IEO Platform; Projects Raise $46...
Global digital asset exchange, Gate.io, recently announced it has released an upgraded version of its IEO platform, Startup 2.0. The platform also revealed that KardiaChain and Meter, the two projects...
View ArticleSEC Small Business Capital Formation Advisory Committee Posts Agenda for...
The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee has posted its agenda for its upcoming meeting scheduled for August 4th. The SEC states that the...
View ArticleCBDC: China’s Digital Currency Live in the Wild
It is no secret that China has long been working on a Central Bank Digital Currency (CBDC). Today, there is a video circulating on Twitter of an individual using the digital RMB. China is starting to...
View ArticleAnna Pinedo, Partner at Mayer Brown, Comments on Possible Update to...
Tomorrow, the Securities and Exchange Commission (SEC) will reveal any changes to Regulation S-K. A proposal by the Commission was introduced in 2019. According to the meeting notice, the Commission...
View ArticleWho is Against Expanding the Definition of an Accredited Investor?
It should be obvious to most everyone that the current definition of an Accredited Investor not only disenfranchises the vast majority of the population it is not really an effective proxy to evaluate...
View ArticlePayments Technology & Software Solutions Provider Global Payments Announces...
Global Payments Inc. (NYSE: GPN), a worldwide provider of payment technology and software solutions, announced on Tuesday its Issuer Solutions business, TSYS, has renewed its agreement with Wells Fargo...
View ArticleCrowdStreet Provides Unique Perspective into Real Estate Crowdfunding: We...
CrowdStreet: COVID Will Accelerate Trends Already in Place Real estate investing has been impacted by the ongoing COVID-19 health crisis – as it has many other industries. In the online investing...
View ArticleMastercard Expands Strategic Global Partnership With Marqeta
Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, and Mastercard announced on Thursday they have extended global partnership to expand into new geographies,...
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