Crowdfunding Portals

RealtyShares Finances $500,000 Preferred Equity Investment to Fund Acquisition & Rehabilitation of San Francisco Multi-family Property

San Francisco

On Wednesday, RealtyShares announced it financed a $500,000 preferred equity investment to fund the acquisition and rehabilitation of a 22-unit multi-family property in the San Francisco Bay Area called Greenleaf Apartments. The real estate crowdfunding platform reported that the project is being sponsored by Tesseract Capital… Read More

Yirendai Named One of the Internet Financial Industry Information Sharing Platform’s Inaugural Members

Yirendai

Yirendai (NYSE:YRD), the publicly traded offshoot of huge P2P lender CreditEase, announced on Tuesday it has been named an inaugural member of the Internet Financial Industry Information Sharing Platform(IFIISP). According to the company, the IFIISP was launched by China Internet Finance Association (CIFA) and aims to… Read More

Eureeca Opens European Hub in Amsterdam

amsterdam-holland-netherlands

Dubai based Eureeca, a global investment crowdfunding platform, has officially opened its European hub with an office in the Netherlands.  FCA regulated Eureeca is seeking to expand its services and investment offerings across Europe. The company, which offers a digital marketplace for early stage entrepreneurs to… Read More

AgTech IoT Startup Centaur Analytics Secures $1.3M During Funding Round Led By OurCrowd First

OurCrowd First Management

Centaur Analytics, a Greece-based AgTech IoT startup that provides real-time stored agriproducts monitoring and protection solutions, announced on Wednesday it has raised $1.3 million during a recent funding round, which was led by seed-stage venture fund OurCrowd First. The company stated the funds will be used… Read More

Where’s the Beach? Berlin Startup Beach-Inspector Crowdfunds on Companisto

beach-inspector

The Best German Tourism Startup winner of 2015 by Verband Internet Reisevertrieb, Beach-Inspector records and digitizes beaches worldwide and makes the images available online to travelers.  The platform launched its crowdfunding campaign with Companisto yesterday, already bringing in more than 113,070€ from over 130 investors… Read More

Brief: SportsEngine Acquires Crowdfunding Platform for Sports RallyMe

Pitch Pitcher Baseball Sports

On Tuesday, Minnesota-based software company, SportsEngine, announced it has acquired RallyMe, a crowdfunding platform that dedicated to sports. The funding portal has notably helped athletes, teams, and national governing bodies raise the funds needed for various sports and events. Sharing details about the acquisition, Justin Kaufenberg,… Read More

OnDeck Collaborates With “Shark Tank’s” Barbara Corcoran For National Marketing Campaign

Barbara Corcoran

On Tuesday, OnDeck (NYSE: ONDK) announced it has teamed up with real estate entrepreneur and Shark Tank judge, Barbara Corcoran, for its new national marketing campaign.  The online lender stated that starting October, Corcoran will be featured in television and radio commercials and customer communications emphasizing OnDeck’s unique ability to… Read More

Able Lending Receives $100M in Debt Financing From Community Investment Management to Fund Growing Small Businesses

able-lending

Able Lending, a low-cost online lender in the nation for small businesses, announced on Tuesday it secured $100 million in debt financing from Community Investment Management (“CIM”). The company announced the funds would be used to make more low-cost loans towards growing small businesses. The Able Lending team… Read More

Brief: Duke Energy Teams up With DonorsChoose For STEM Classroom Crowdfunding Challenge

stem-kids

On Tuesday, Duke Energy announced it has teamed up with DonorsChoose for a new classroom crowdfunding challenge. The company is set to match up to $200,000 to help Ohio and Kentucky teachers bring STEM projects (science, technology, engineering, and math) to the classrooms. Sharing details about… Read More

StartEngine Announces Referral Contest: Winner to Receive Up to $40,000 in Cash & An Elio Car

Ron Miller

StartEngine, one of the leading investment crowdfunding platforms in the U.S., announced the launch of its innovative investor referral competition, Refer And Earn. Starting today (September 27th), the first person to refer the most investors who join the website by December 31st will win a grand… Read More

Bondora Launches Refer-A-Friend Offer: Investors Can Earn 5% From the Amount Referrals Lend in First 30 Days of Signing Up

euros money europe

Bondora, a European peer to peer lender based in Estonia, announced last week the launch of its own refer-a-friend offer. The company stated users may now earn an extra income by introducing their friends to its website. The Bondora team stated anyone who joins with a… Read More

Lend Responsibly: Folk2Folk CEO Jane Dumeresque Shares Vision of P2P Lending

jane-dumeresque-is-chief-executive-of-folk2folk-2

In explaining how they are different, Folk2Folk, an up and coming peer to peer lender explains they are “resetting the values around lending money.” While embracing technology that facilitates the lending process, Folk2Folk maintains numerous brick and mortar locations as they believe in dealing with… Read More

Kickstarter’s Yancey Strickler Announces The Creative Independent’s Launch

yancey-strickler

On Monday, co-founder and CEO of Kickstarter, Yancey Strickler, announced the official launch of the funding portal’s new project, The Creative Independent.  As previously reported, The Creative Independent is described as a “growing” archive of the creative processes and is on a mission to help… Read More

GLI Finance Releases H1 2016 Results as WriteDowns Drive Loss

gli-finance-2016-portfolio-companies

GLI Finance (LSE:GLIF), a diversified portfolio company focusing on alternative finance, has published its 6-month report for 2016.  The financial results show a a £6.9 million loss from a £5.3 million profit year on year. The loss included £12.9 million in writedowns on investments. GLI’s net asset… Read More

ArchOver Touts Lender Protection Recognition from Independent Research

Angus Dent

Peer to peer lender ArchOver is pointing to a recent report from Equity Development regarding investor protection for lenders using their platform. The report calls ArchOver the “pioneer of secured and insured loans” for SMEs. ArchOver says that to date the platform has not experienced… Read More

EY Gets Caught Up in Failed P2P Lender Jinxing Investments

China Yuan Renmibi

Shanghai Daily is reporting that global consultancy EY has gotten sucked into the collapse of peer to peer lender Jinxing Investments. According to the report, the Shanghai offices of EY has endured several protests becoming surrounded by angry investors who were under the impression that… Read More

Brief: Crowdfunding Platform Tilt Launches New Hosting Event Feature

tilt

Last week, crowdfunding platform Tilt announced the launch of its new event hosting feature, Ticketing With Tilt. Co-founder and CEO of Tilt, James Beshara, stated Ticketing With Tilt gives users the ability to automatically issue tickets with a QR code, which will quickly check in… Read More

China P2P IPO: Lufax Preps for Hong Kong Listing

Greg Gibb Lufax

Lufax, one of China’s largest peer to peer lending platforms, is preparing for its long-awaited IPO. This is according to a report in Reuters that stated the IPO could raise $5 billion. At the last funding round, Lufax captured a valuation topping $18 billion.  China… Read More