Latest News on private equity markets

A 61-year-old woman in China has been sentenced to 4 months in prison and fined 10 000 Yuan ($1450 USD) for allegedly “stealing the national power resources” to mine Bitcoins, Chinese news outlet The Paper reports. The Kaiping District People’s Court of Tangshan City, Hebei... Read More

The post Older Woman in China Fined and Imprisoned for Stealing Electricity to Mine Bitcoins appeared first on Crowdfund Insider.

Bitbond, one of the very first regulated security token offerings (STOs) in Europe, is now offering an STO to Asian investors. According to a release from the company, Bitbond is raising €3.5 million in an STO to continue supporting SMEs in Asia with business loans.... Read More

The post Bitbond Security Token Offering Now Open to Asian Investors appeared first on Crowdfund Insider.

The development team behind the “privacy coin” Monero has taken exception to a Reuters report profiling the coin and highlighting its use by criminals. “For a story that ‘examines the features and characteristics of some of the alternatives to Bitcoin that have grabbed the attention... Read More

The post Monero Developers Defend Their Cryptocurrency Against Allegations of Criminal Use appeared first on Crowdfund Insider.

London based Regtech ClauseMatch has received venture debt funding from Silicon Valley Bank (SVB). The $2.5 million loan package will be used to support the company’s growth in Europe and Asia. Recently the company started operations in South East Asia based in Singapore. ClauseMatch received... Read More

The post Barclays Accelerator Grad Regtech ClausMatch Raises $2.5 Million in Venture Debt appeared first on Crowdfund Insider.

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it has listed Ontology’s ONT Token to its Wallet and Card App. According to Crypto, the listing of ONT marks the 20th token to be added to the platform, joining cryptocurrencies and stablecoins such as Bitcoin (BTC),... Read More

The post Crypto.com Announces Listing of Ontology’s ONT Token appeared first on Crowdfund Insider.

Seoul’s blockchain-enthused mayor, Park Won-soon, has announced at the Korean Future Forum his administration’s plans to turn Seoul into a data-accumulating “smart city” using a network of 50 ooo censors, blockchain databases and AI (artificial intelligence), Korean media outlet Queen reports. A cadre of business,... Read More

The post Seoul Building Data-Surveilling “Smart City” Undergirded by Blockchain, AI appeared first on Crowdfund Insider.

United Overseas Bank (UOB) announced on Tuesday it has teamed up with Mastercard to launch its new regal business metal card specifically for small and medium-sized enterprises (SMEs). While creating the card, UOB reported that it and Mastercard conducted face-to-face interviews and surveys with senior executives... Read More

The post United Overseas Bank Teams Up With Mastercard to Launch New Regal Business Metal Card For SMEs appeared first on Crowdfund Insider.

UK-based business lender Growth Street announced on Tuesday it has surpassed 2,500 investors, while simultaneously launching its Innovative Finance ISA (IFISA). The lending platform reported that by offering a 5.8% annual fixed rate of return, the Growth Street ISA has a one-year fixed term, and... Read More

The post Growth Street Surpasses 2,500 Investors & Launches IFISA appeared first on Crowdfund Insider.

Davies Lawyers | John J. Lennard, Ariane Hunter-Meunier and Eytan Dishy | May 27, 2019 The Department of Finance (Canada) (Finance Canada) has released, for public comment, draft legislative proposals (Draft Proposals) to amend the Excise Tax Act (ETA) in order to address certain issues regarding the treatment of virtual currencies for the purposes of

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, recently announced it has acquired AlphaDesk, a cloud-based Order Management System (OMS) that offers order and portfolio management, risk, and compliance solutions for buy-side clients.... Read More

The post Financial Markets Data & Infrastructure Provider Refinitiv Announces Acquisition of Cloud-Based AlphaDesk appeared first on Crowdfund Insider.

Less than four years after securing more than £1.9 million through its previous Crowdcube round, UK-based tech startup Pavegen has returned to the equity crowdfunding platform and has already surpassed £1 million in funding. Prior to launching the funding round, the company raised  £513,000 which... Read More

The post Overfunding: Pavegen Returns to Crowdcube & Quickly Surpasses £1 Million in Funding appeared first on Crowdfund Insider.

Swedish fintech startup Open Payments announced on Tuesday it secured 1.2 MEUR through its latest seed funding round, which included investments from Brightly Ventures, Luminar Ventures, and selected angel investors. Founded in 2017, Open Payments provides what it believes the “groundbreaking market infrastructure” that is... Read More

The post Swedish Fintech Open Payments Secures 1.2 MEUR Through Latest Seed Funding Round From Brightly Ventures & Luminar Ventures appeared first on Crowdfund Insider.

For years, there has been a discussion regarding the initial public offering (IPO) conundrum. Back in the day, smaller investors could join alongside institutional money to capture wealth in an IPO. Today, too frequently, that is simply not the case. The big money has been... Read More

The post IPO Fail: It’s Better to Invest Early in Private Markets as Public Offerings are Too Often Just an Exit for Big Money appeared first on Crowdfund Insider.

RiverNorth Marketplace Lending says the final day to purchase their unlisted fund is June 7, 2019. RiverNorth said that their Fund’s shares should trade on the New York Stock Exchange on June 12, 2019 under the ticker symbol RSF, and the NAV tracker is XRSFX,... Read More

The post Marketplace Lending: RiverNorth Nears NYSE Listing for Fund appeared first on Crowdfund Insider.

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday is supporting small and medium-sized merchants throughout Europe in their digital transformation by providing an expanded version of its SUPR online shop system. According to Wirecard, the system enables every retailer to set... Read More

The post Wirecard Announces Expansion of Offering With Unified Commerce Solution For Small & Medium Size Merchants appeared first on Crowdfund Insider.