San Francisco real estate investment platform Income& has been selected as one of 24 startups to participate in the sixth Plug and Play Fintech Accelerator; the Plug and Play Fintech Accelerator is a 12-week accelerator program that provides for access to Plug and Play's extensive network of leading banks and financial institutions; the Plug and Play Fintech accelerator will support the development of Income&'s Prime-Rated Individual Mortgage-Backed Obligation (PRIMO™) product which is broadening fixed income investment alternatives by providing a product that allows investors to invest in portions of secured mortgage loans. Source
With finance being one of the most heavily regulated parts of the economy and U.S. regulators haven taken a greater...
Charles Schwab’s decision to cut trading fees to zero on October 1st is paying off with the wealth manager surpassing...
The bank reported solid growth in their lending business but remains cautious of downturn; the bank raised their loan loss...
Quoting data from Transunion the Wall Street Journal is reporting that 106 million loans have been enrolled in forbearance, deferment...
Goldman Sachs was reportedly launching a bitcoin trading desk back in 2017-2018 when the crypto markets were at their peak...
RealtyShares closed investment for its Diversified Marketplace Equity Fund on Monday; the platform offers a range of crowdfunded investments including both debt and equity; the Diversified Marketplace Equity Fund offers investors exposure to middle market equity real estate investments in a diversified portfolio with 10 to 20 property investments. Source
ProShares and VanEck have both decided to withdraw their ETF filings with the SEC; VanEck filed for an actively managed Bitcoin Strategy ETF and ProShares said it was launching a suite of bitcoin ETFs; neither company responded to requests for comment; it is widely believed that bitcoin ETFs are the next step for the new currency. Source.
In an effort to properly regulate, define and use alternative digital currencies and the technology that underpins them, blockchain, New...