Crowdfunding Portals

Peer to Peer Lending to Hit $22 Billion in Australia by 2020

Rocket Escape Velocity

According to research by Morgan Stanley, peer to peer lending is set to rocket to $22 billion within the next 5 years in Australia.  This is a country with a population of just 24 million.  This highlights the collision path between traditional finance and disruptive… Read More

GrowthFunders Receives FCA Approval for Crowdfunding Platform

FCA Approved

GrowthFunders, part of Growth Capital Ventures, has just received official approval from the Financial Conduct Authority (FCA) to operate their investment crowdfunding platform.  GrowthFunders has been operating since March 0f 2014 using a provisionary status in association with Linear Investments. The process took GrowthFunders approximately… Read More

OnDeck CEO Noah Breslow Shares His Innovative Vision for Marketplace Lending: Transforming How Money Flows

OnDeck IPO NYSE

“We are extremely excited by the possibilities of the next decade in the alternative finance market… OnDeck’s vision is to transform how money flows to small businesses by leveraging our platform to provide capital on demand for small business owners. The data flowing through a small… Read More

Crowdfunding Platform CrowdJustice Launches For “Public Interest” Litigation

CrowdJustice 1

On Friday, new UK crowdfunding platform CrowdJustice officially opened its doors to those seeking funds for their latest legal situations. According to TechCrunch, CrowdJustice was founded by ex-United Nations lawyer, Julia Salasky, and is considered a crowdfunding platform for “public interest” litigation. She explained: “CrowdJustice… Read More

“Get Smart, Fund Art”: Tumblbug, South Korean Creative Arts Crowdfunding Platform, Raises KRW 17 Billion in Series A Investment

tumblbug

“Get smart, fund art”: With a playful slogan (translated) and name that reminds this writer of a children’s toy, Tumblbug, a South Korean crowdfunding platform, is taking big steps in its development. The company just announced that it has raised KRW 17 billion (just over US… Read More

NetEase Partners with HNA Group, Everbright Securities on Crowdfunding

NetEase

NetEase (NASDAQ: NTES), one of China’s leading Internet and online game services providers, has announced that is subsidiary Ujia E-commerce Co., Ltd., has signed an agreement with Everbright Securities Co., and HNA Group to form a joint venture company. The joint venture is described as having a primary… Read More

Brief: K-Lend Updates Loan Originations

AutoChina Truck

Auto China’s K-Lend, a peer to peer lending platform for vehicle financing, has just published an update for Q1 2015 operations. The Company announced that it recorded 1,180 new leases of commercial vehicles (primarily Class 8 heavy trucks) as part of the Company’s sales-type leasing… Read More

PledgeMusic Joins Forces With American Idol David Cook to Release His Fourth Album

david cook

PledgeMusic, a crowdfunding platform for music, is happy to announce its partnership with platinum selling recording artist and American Idol season seven winner, David Cook, to release his 4th studio record and give fans a pre-order experience they will not soon forget. David Cook rose to… Read More

Orchard Announces Two New Partnerships with Auto One & Interface Financial Group

orchard lendscape

Orchard Platform has announced two new partnerships as it extends its reach into a growing number of financial verticals in the direct lending space.  Orchard has signed up Auto One Acceptance and The Interface Financial Group (IFG).  Auto One is described as the “vehicle lender… Read More

Indiegogo & Wearable World Form Partnership on Hardware Crowdfunding

Redg and Slava Indiegogo Wearable World 1JPG

Indiegogo has announced a new partnership with Wearable World, an incubator and accelerator for emerging hardware startups at the Wearable World Congress in San Francisco. As part of the new agreement, Indiegogo and Wearable World will organize a series of events and workshops throughout 2015. Wearable World… Read More

LendInvest Celebrates 2nd Anniversary by Topping £300 Million in Loans

Birthday Cake

  It was just 2 years ago that UK based peer to peer lending LendInvest launched in partnership with its sister firm Montello to provide short-term bridge loans.  Today LendInvest claims the title of worlds largest P2P marketplace for mortgages having surpassed £300 million in… Read More

Shelvspace Raised $1M Seed Funding for SaaS Solution, Tallwave Capital & AngelList Syndicates Fund Invest

shelvspace

Shelvspace, aiming to transform the way US consumer packaged goods are sold in retail with   its cloud-based mobile platform, announced it has received $1 million in seed round funding.Headquartered in Scottsdale Arizona with regional sales in Philadelphia, San Francisco, and Chicago, Shelvspace is a portfolio company of Tallwave,… Read More

Indiegogo Forms Partnership With Spotify to Support Musicians Through Crowdfunding

Spotify Indiegogo

In an effort to help musicians make their way to the spotlight, Indiegogo announced that Spotify is now supporting multiple music projects on its crowdfunding platform. Earlier this week, Indiegogo revealed: “As a global platform focused on bringing people together to make big things happen, our… Read More

P2Binvestor Set to Join Blackstone Entrepreneurs Network

P2Binvestor

P2Binvestor (P2Bi), a crowdlending platform for commercial lines of credit that serves the fastest growing companies in the United States, today announced it has been selected as a new network company by Blackstone Entrepreneurs Network Colorado (BENCO), a select group of Colorado’s best entrepreneurs. The company is one… Read More

Startupbootcamp FinTech London Names Liz Lumley Managing Director

liz lumley

Continuing to grow its brand, Startupbootcamp FinTech has announced Liz Lumley‘s appointment as the new managing director for London and will be responsible for the running of the accelerator programme in London. “We are extremely happy to have Liz join us,” added Nektarios Liolios, global managing director,… Read More

China Rapid Finance Provides Over 1.1 Million Loans in Just 3 Months

Great Wall of China

Peer to peer lender China Rapid Finance has originated an astounding 1.1 million in loans to Chinese borrowers in just three months time – as of April 30th. The impressive number is indicative of the demand for capital in the largest P2P lending market in… Read More

Bitbond Receives € 600,000 in Angel Funding to Grow Lending Platform

Bitbond See No Evil

Berlin based global bitcoin lending platform Bitbond has received a cash infusion to grow its lending platform. The angel round of € 600,000 now brings total capital raised for the site to €800,000. The new funding was led by Bitbond’s earlier seed investor Point Nine Capital, along with a… Read More

P2P Lender LandlordInvest Raises Capital on Seedrs

LandlordInvest

Seedrs has carved out a nice little niche in becoming the crowdfunding site of choice for crowdfunding platforms.  Seedrs recently added another funding platform to their growing list; LandLordInvest. Described as the UK’s first “near prime property peer to peer lending” LandlordInvest is hoping to… Read More

Fintech Provider and Alternative Lender eProdigy Closes $100M Commitment from Single Private Equity Firm

money dollars 100s benjamin franklin

eProdigy, a fintech holding company with several subsidiaries serving the alternative finance space, announced today that an undisclosed private equity firm has made an agreement to provide $100 million to eProdigy through a term loan, a convertible note feature and participation rights. “This deal changes our entire… Read More

Cloud Lending Solutions Appoints World Bank Vet & Opens New Nairobi Office: Expanding the Power of Microfinance Funding

cloud lending

Cloud Lending Solutions, an end-to-end lending solution built natively on salesforce.com, announced the appointment of  Harold Rosen to the company’s Advisory Board, bringing his more than 30 years of experience in the microfinance industry, including driving social impact investing at the World Bank. In addition, the company is expanding… Read More