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ICOBox and Founder Nikolay Evdokimov Sued by Securities and Exchange Commission Targeting $14 Million Illegal Securities Offerings

3 hours 22 minutes ago

ICO Securities Fraud The Securities and Exchange Commission (SEC) has continued its long march of enforcement actions regarding initial coin offerings (ICO) and the platforms that supported them. According to the SEC, ICOBox and founder Nikolay Evdokimov conducted an “illegal $14 million securities offering of... Read More

The post ICOBox and Founder Nikolay Evdokimov Sued by Securities and Exchange Commission Targeting $14 Million Illegal Securities Offerings appeared first on Crowdfund Insider.

JD Alois

Square Now Offering Free EIN Assistant For Small Businesses

4 hours 13 minutes ago

Payment process platform Square announced earlier this week its new free tool available to small business owners all over the U.S., the EIN Assistant from Square Payroll.  According to Square, the EIN Assistant simplifies and streamlines the process of filling out the dense, legalese-filled forms required... Read More

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Samantha Hurst

Ethereum Development Studio ConsenSys Announces Codefi, A New DeFi Software Suite

4 hours 17 minutes ago

ConsenSys founder Joseph Lubin announced at the Ethereal Tel Aviv press conference (on September 15) that his New York-based venture studio is launching a new product, Codefi, for the emerging decentralized finance (DeFi) ecosystem. Lubin, a computer science and electrical engineering from Princeton University, remarked:... Read More

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Omar Faridi

Bank for International Settlements Recommends Building Regulations into Blockchain-enabled Financial Markets

4 hours 27 minutes ago

The Bank for International Settlements (BIS), a financial institution owned by central banks which “fosters international monetary and financial cooperation,” has published a research paper that recommends building regulatory processes into blockchain-enabled financial markets.  Authored by Raphael Auer, the principal economist for the monetary and... Read More

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Omar Faridi

UK SME Challenger Bank Tide Announces First Paid Plan “Tide Plus”

6 hours 13 minutes ago

Tide, a UK-based SME challenger bank, announced on Wednesday it is set to launch its new paid plan, Tide Plus. According to Tide, Tide Plus is an upgraded account that gives users “additional support” for running their businesses.” According to Tide, the upgraded membership will... Read More

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Samantha Hurst

Petal Completes $300 Million Debt Facility From Jefferies

6 hours 22 minutes ago

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has completed a $300 million debt facility with Jefferies. Petal reported that it entered into a similar facility to borrow up to $30 million in debt... Read More

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Samantha Hurst

U.S. Fintech PayActiv Becomes Public Benefit Corporation

7 hours 12 minutes ago

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it has become a Public Benefit Corporation, which is described as a corporation that performs a specific function for the benefit of the public. According to Safwan Shah, CEO of PayActiv, the... Read More

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Samantha Hurst

Financial Management App Nav Announces New Solutions to Helps Small Business Owners Boost Business Credit Scores

7 hours 27 minutes ago

Nav, a business financial management app that helps small business find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced on Wednesday its new solutions that help small business owners boost their... Read More

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Samantha Hurst

Opportunity Zones: Real Estate Crowdfunding Platform EquityMultiple Provides Investors with Options to Take Advantage of Unique Tax Benefits

7 hours 35 minutes ago

Opportunity Zones are new, tax-advantaged vehicles for investors to earn more on their money. Created by the Tax Cuts and Jobs Act of 2017, the first qualified opportunity zones (QOZs) first hit the market in early 2018. Designated by state authorities, there are now thousands... Read More

The post Opportunity Zones: Real Estate Crowdfunding Platform EquityMultiple Provides Investors with Options to Take Advantage of Unique Tax Benefits appeared first on Crowdfund Insider.

JD Alois

Overfunding: Agritech Marketplace Hectare Quickly Surpasses £1 Million Funding Target Through Latest Seedrs Round

7 hours 40 minutes ago

Just days after launching its latest equity crowdfunding campaign on Seedrs, UK-based online marketplace for the agriculture sector, Hectare Agritech, has successfully surpassed its initial £1 million funding target. The funding round has attracted nearly 545 investors. As previously reported, Hectare is an agritech company... Read More

The post Overfunding: Agritech Marketplace Hectare Quickly Surpasses £1 Million Funding Target Through Latest Seedrs Round appeared first on Crowdfund Insider.

Samantha Hurst

Celsius Network Now Offering Up To 12% APR on USDC, TUSD, USDT, & The Stablecoins

7 hours 50 minutes ago

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has increased interest rates for stablecoin deposits to 12.03% APR. According to Celsius, users who choose to earn interest in the platform’s blockchain-based CEL token can earn up to 30% more than the... Read More

The post Celsius Network Now Offering Up To 12% APR on USDC, TUSD, USDT, & The Stablecoins appeared first on Crowdfund Insider.

Samantha Hurst

BlueVine Appoints Dosh & PayPal Vet Brad Brodigan As New Chief Commercial Officer

10 hours 7 minutes ago

Online lender BlueVine announced on Wednesday it has appointed Brad Brodigan as its new Chief Commercial Officer. BlueVine reported that through this role, Brodigan will be responsible for overseeing revenue-generating functions including sales, customer service, and partner management. According to BlueVine, Brodigan also brings more... Read More

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Samantha Hurst

Wirecard Formalizes Strategic Cooperation Agreement With SoftBank

10 hours 41 minutes ago

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it and a subsidiary of SoftBank Group Corp. (SoftBank) have signed the final documents for the issue and subscription of the Wirecard convertible bond and the strategic cooperation agreement. Wirecard reported that under... Read More

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Samantha Hurst

World’s Largest Crypto Exchange Binance Invests in Chinese Media Firm Mars Finance

10 hours 42 minutes ago

Malta-based Binance, the world’s largest crypto asset exchange by adjusted trading volume, has invested in Mars Finance, a Chinese media and data source company. Although the exact amount invested has not been shared publicly, the company is valued at $200 million, according to a press... Read More

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Omar Faridi

US Army Solicited Blockchain-Forensics Cloud-Service Contractors This Summer

10 hours 44 minutes ago

The US Army’s Contracting Command (ACC) division in New Jersey took proposals this summer from providers of cloud-based blockchain forensics services. Blockchain forensics is a relatively new field that involves creating tools for the monitoring, tracing, and scraping of data from cryptocurrency networks like Bitcoin... Read More

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Cali Haan

Fintech InstaReM Now Available in Canada Providing Money Payments and Transfers

12 hours 19 minutes ago

InstaReM a payments and money transfer Fintech has launched its services in Canada. InstaReM is one of the largest digital cross-border payments providers globally, with regulatory licenses in eight markets and covering 40 countries, reaching 3.2 billion people in developed and developing countries. In Canada,... Read More

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JD Alois

Ping An Leads $15 Million Investment Round in Clinical AI Software Company Riverain Technologies

12 hours 45 minutes ago

Ping An Insurance Group announced on Wednesday its Ping An Global Voyager Fund is leading an investment of $15 Million in Riverain Technologies, which is a provider of clinical artificial intelligence software used to efficiently detect lung disease at its earliest stages. According to Ping... Read More

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Samantha Hurst

Pie Insurance Announces Expansion Efforts Following Series B Funding Round

23 hours 45 minutes ago

Insurtech startup Pie Insurance announced on Tuesday it has achieved significant growth in the number of team members, online quote tool usage, and written premium six months since raising $4.3 million through Series B Funding Round, which was led by Moxley Holdings and Elefund, with... Read More

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Samantha Hurst

Authorities Crack Down on Cryptomining in Mongolia, Call Crypto “Pseudo-Financical Innovation”

1 day ago

Officials from five government departments in the Inner Mongolia Autonomous Region of China are gearing up to crack down on crypto mining in that region, Chinese crypto media outlet ChainNews reports. Mongolia’s Autonomous Region Development and Reform Commission, Public Security Department, Office of the Ministry... Read More

The post Authorities Crack Down on Cryptomining in Mongolia, Call Crypto “Pseudo-Financical Innovation” appeared first on Crowdfund Insider.

Cali Haan

Recently Departed CFTC Chair Giancarlo Joins Chamber of Digital Commerce Advisory Board

1 day ago

Former CFTC Chair  J. Christopher Giancarlo has joined the Chamber of Digital Commerce’s Board of Advisors. The Chamber of Digital Commerce (CDC) bills itself as, “the world’s first and largest trade organization for the blockchain and digital asset community.” It is headquartered in Washington, DC.... Read More

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Cali Haan