Oliver Wooley, CEO of Envestors, an early-stage digital investment platform, explains why accelerators, incubators, and networks matching investors and startups need to be regulated…
Crowdfunding & Peer-to-Peer Lending
Ziglu, a ully FCA authorised Electronic Money Institution, has launched peer-to-peer payments for all currencies across the Ziglu app.
Online investment platform, Seedrs has reported record-breaking activity levels on its Secondary Market, following the introduction of variable pricing in the August trading window.
Exxe Group is combining certain fintech assets into its AXXAInvest financial services trading and investments group that can immediately generate millions of dollars of revenue annually.
By Roger Aitken – With eSports revenues projected to reach USD1.8 billion worldwide by 2022 and seeing a robust CAGR of 22.3 per cent, the Esports Gaming League (EGL), an agency providing a platform for gamers to enter tournaments across multiple games on a global basis, has launched a ‘Series A’ funding valuing the business at around GBP5.5 million (cUSD6.7 million) on a ‘pre-money’ basis.
According to data gathered by Finanso.se, the global crowdfunding market is set to maintain its rapid growth this year, increasing 23.3 per cent year-on-year and reaching over USD8.5 billion in transaction value.
Peer-to-peer lending platform The House Crtowd has launched a new Auto-Invest model, to give investors improved investment security and a hassle-free experience.
The House Crowd has appointed Carl Davies as its Chief Operating Officer. Strengthening the peer-to-peer lending platform’s management team, Davies will oversee The House Crowd’s processes and systems.
European crowdfunding platform Crowdcube, has achieved its eighth record-breaking quarter in a row, as revenue for 2019 surpasses the GBP8 million watershed for the first time.
The senior tranche of a new securitisation of loans originated through Zopa has been rated AAA, the first ever pure P2P securitisation to achieve a AAA rating at issuance.