Crowdfunding Portals

Brief: Upstart Introduces New Monthly Cash Flow Dashboard to Investors

Upstart 3

On Wednesday, Upstart announced the launch of its new monthly cash flow dashboard. The portal revealed that this feature offers investors with an up-to-date picture of their cashflow, which includes both interest and charge-offs. The Upstart team shared: “Thank you investors for providing feedback on… Read More

Brief: Crowdcube Named EY’s Entrepreneur of the Year For London & South Region

Crowdcube

On Wednesday, Crowdcube announced it was dubbed 2016 Ernst and Young Entrepreneur of the Year for the London and South regions. The equity crowdfunding team took to the portal’s social media pages and revealed the exciting news. Yay! @Crowdcube announced as #EOY2016UK #London & #South… Read More

Nationwide House Price Index Reports 0.2% Raise in June; LendInvest Co-Founder Responds

Ian Thomas

Despite the recent news that the UK has voted to depart from the European Union (EU), the National House Price Index announced the house prices have raised up by 0.2% this month, with an annual house growth now standing at 5.1% (average price £204,968). LendInvest’s co-founder… Read More

Indiegogo’s Danae Ringelmann Discusses Flow Hive’s Crowdfunding Success (Video)

Danae Ringelmann

Indiegogo’s co-founder and chief development officer of Indiegogo, Danae Ringelmann, recently caught up with Inc. to discuss the crowdfunding platform’s most successful crowdfunding campaign, Flow Hive.     As previously reported, Flow is described as a revolutionary beehive invention, allowing anyone to harvest honey without… Read More

Lending Club: Here is the 8K Filed Alongside Shareholder Meeting

Scott Sanborn

Lending Club (NYSE:LC) held its annual shareholder meeting yesterday making several announcements including the appointment of Scott Sanborn as CEO, making his position permanent instead of temporary. The largest marketplace lending platform in the US explained to shareholders that many investors paused in May but… Read More

Crowd for Angels Debuts New Growth Funding Round

Tony De Nazareth

On Wednesday, investment crowdfunding platform Crowd of Angels announced the launch of its new growth funding round. The website is seeking a minimum of £196,000 (max £700,000) as it prepares to expand. Crowd for Angels reported it has helped to raise over £1.1 million for small growing companies… Read More

Ferratum Launches Peer to Peer Lending Platform

Jorma Jokela

Ferratum has launched peer-to-peer lending in the Czech Republic – Attractive opportunity for investors to participate in credit portfolios Ferratum, a mobile consumer loan and small business lender, has launched its new peer-to-peer lending platform FerratumP2P. Ferratum announced in 2015 it had selected Mambu to power… Read More

RealtyShares Releases Data on Crowdfunding Projects Throughout Florida (Infographic)

Tampa

On Tuesday, RealtyShares unveiled interesting data on crowdfunding projects that originate from the state of Florida. The website reports that it has leveraged its network of 20,000 investors to help fund more than 200 properties in Florida for $28.1 million. Mark Masterson, director of investments… Read More

RealtyShare Reports: Real Estate Crowdfunding Offers Potential Opportunity to Diversify Following Brexit Decision

Arash Sotoodehnia

Following the UK’s vote to depart from the European Union (EU), the team at crowdfunding portal, RealtyShares, revealed their thoughts about the shocking decision. Arash Sotoodehnia, RealtyShares chief credit officer, stated: “The uncertainty around what happens next as Britain begins the process of negotiating her… Read More

OurCrowd Announces Dates For the Third Annual Global Investor Summit (Video)

Jon Medved at Global Summit 2016

On Tuesday, Israel’s equity crowdfunding platform OurCrowd announced the dates for its third annual Global Investor Summit. Sharing details about the event, the OurCrowd team explained: “The OurCrowd Global Investor Summit is one of the leading events in the Israeli high-tech industry. Over the last… Read More

Metropolitan Equity Partners Invests $20 Million in Bizfi

Stephen Sheinbaum LenditUSA 2016

Bizfi has received a $20 million investment from Metropolitan Equity Partners.  Details on the exact structure of the investment was not provided.  The investment by Metropolitan is an increase from the $65 million committed by the company this past December. Bizfi is an aggregation platform… Read More

Live Sharks Tank Presents DreamFunded with Equity CrowdFunding Platform of the Year Award

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Last Friday, Dreamfunded was presented the “Equity Crowdfunding Platform of the Year” at the 3rd anniversary of Live Sharks Tank in San Francisco. According to the funding portal, the Equity CrowdFunding Platform of the Year award honors websites that notably “transform” equity crowdfunding into the industry standard… Read More

Lending Club Annual Meeting is Today, Announces Reduction of 179 Employees on Lower Loan Volume

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Lending Club (NYSE:LC) will be holding its annual meeting today.  Originally the meeting was scheduled for June 7th, the annual meeting was rescheduled for today (June 28, 2016) as it was not yet in a position to provide its shareholders a complete report on the… Read More

It’s Official: Scott Sanborn is Named CEO of Lending Club

Scott Sanborn 2

Scott Sanborn, previously named “Temporary” Chief Executive Officer of Lending Club (NYSE:LC), may now remove the temporary portion of his title.  Sanborn is now the CEO of Lending Club following a decision by the Board of Directors.  The Board has tasked Sanborn with transforming the… Read More

Ohio based SunDown Group Forms Investment Club on Wefunder

Reg CF Title III

SunDown, a regional entrepreneur ecosystem based in Ohio, has created an investment club on Wefunder.  In a note to followers SunDown stated they were into the equity crowdfunding game to help invsetors “de-risk” their participation. SunDown stated; “The new equity crowdfunding rules and platforms are going… Read More

OurCrowd Opens New Office in Herzliya

Jon Medved at Global Summit 2016

This weekend equity crowdfunding platform OurCrowd announced the opening of its new office, which is located in the city of Herzliya. The location will reportedly have 15 employees and will be responsible for the portal’s engineering and product development. OurCrowd founder and CEO, Jon Medved revealed:… Read More

Forrester: Digital & Customer-Facing Talent Will Migrate Out of the UK

Battered EU Flag Europe Brexit

Research consultancy Forrester is making some pretty dire predictions regarding Brexit collateral damage. In a blog post this weekend, Forrester stated; “Digital and customer-facing talent will migrate out of the UK,” and “Product and delivery innovation will slow”. Forrester cautions that a “customer-focused agenda is… Read More

Invesdor on Brexit Decision: Let’s Keep Calm & Carry On

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Just days after the UK’s voters made the surprising decision to leave the European Union (EU), Finland’s equity crowdfunding platform, Invesdor, weighed in on the big vote. The funding portal’s communications manager, Mikko Savolainen, revealed in a blog post: “Late last week, the UK voted… Read More

Going For the Gold: GoFundMe Announces $10,000 Global Competition For Olympic Athletes

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Seeking to help athletes from all over the world reach their Olympic dreams, GoFundMe announced on Monday its new global competition for those looking to achieve the gold at the Summer Games in Rio de Janeiro.  The crowdfunding portal revealed the Olympian who secures the most… Read More