Crowdfunding Portals Has Returned over $50 Million to Investors

New York City Construction Real Estate

In a brief update, real estate crowdfunding platform reported the platform has now returned over $50 million in principle and interest to investors. called the accomplishment a “significant milestone for the company and the category. Investors have had zero principle loss since the… Read More

Bondora to Remove Primary Market View Feature From User Interface


Bondora, a European peer to peer lender based in Estonia, announced on Friday it is removing the Primary Market View feature from its user interface. This change will go into effect on November 1st. Bondora stated it was removing the feature because the speed of their… Read More

Brief: Crowdfunder UK Announces New #MostActiveCity Partnership With London Sport


On Thursday, crowdfunding platform Crowdfunder UK announced it has teamed up with London Sport for a new mission: to make London the most physically active sporting city in the world. Through the #MostActiveCity partnership, London Sport is seeking to get 1 million Londoner to become… Read More

SME Lender First Circle Receives $1.2 Million Seed Round to Launch in Philippines


Irish born but Asia based, First Circle has received $1.2 million in seed funding led by Key Capital and IMJ Investment Partners.  The online lender is targeting SME in the Philippines first but plans on expanding across Southeast Asia. Speaking with, Patrick Lynch, the… Read More

Brief: GoFundMe Presents $100,000 in College Scholarships to 10 Students

Rob Solomon

GoFundMe announced on Thursday its awarded ten recipients a total of $100,000 through its first scholarship program. Each of the students was given $10,000, which will go towards college expenses. Last month, GoFundMe shared details about the scholarship program and revealed that over few years… Read More

CommonBond Receives A1 Moody’s Rating on $168 Million Securitization

2015 CommonBond Social Impact Award 2

CommonBond’s 3rd Securitization CommonBond has closed securitization of $168 million in refinanced student loans. The online lending platform reported a rating of ‘A1’ from Moody’s and ‘AA (low)’ from DBRS. The securitization was backed by $178 million in collateral. Goldman Sachs served as joint-lead managers and bookrunners… Read More

Brief: European Money Collection Platform Leetchi Launches Services in the UK

London UK Taxi Flag

Leetchi, a European money collection platform, announced on Thursday it is launching its services in the UK. The company, which was launched in 2009, was acquired by French bank Crédit Mutuel Arkéa last year. It has over six million users from more than 150 countries and… Read More

Orchard & OnDeck Partner on Reporting for Institutional Investors

Matt Burton

OnDeck (NYSE: ONDK) and Orchard Platform have signed an agreement where Orchard will provide a scalable solution to manage the  reporting for institutional investors purchasing loans via the OnDeck Marketplace. The agreement will also provide OnDeck with access to the entire Orchard for Originators product… Read More

Finland’s Heeros Announces IPOs One Year After Securing €660,000 on Invesdor


Heeros Oyj, a Finnish cloud-based financial management software solutions company, announced this week it is IPOing on Nasdaq First North growth market in Finland. The company revealed the subscription period of the IPO started on Wednesday. This launch comes one year after Heeros  secured  €660,000 through its equity… Read More

Arrow & Indiegogo Announces New $50,000 Flash Funding Winners

Money Benjamin Dollars 100

On Wednesday, Indiegogo and its partner, Arrow Electronics, announced that Kurt Swanson, Don Pancoe and the whole team at Noria Technologies have won $50,000 in flash funds. The companies declared earlier this month they were giving $25,000 to three entrepreneurs throughout the month of October, with Brad Holland… Read More

Fundrise is “On Track” to Raise $250 Million with New eREITs

Ben Miller

As expected, Fundrise has officially launched three new eREITs described as a “revolutionary direct to investor crowdfunding model.”  These new real estate investment vehicles will put Fundrise “on track” to raise a quarter of a billion dollars during the coming year.  Fundrise now lists 5… Read More

Brief: Zopa’s Giles Andrews Named One of Digital Banking Club’s Power 50

Giles Andrews Zopa

Peer-to-peer lending platform Zopa recently announced its co-founder Giles Andrew was named one of Digital Banking Club’s Power 50. The list notably features the most innovative and influential people in European digital financial services. Zopa revealed that the list was selected by members of the Digital Banking… Read More

Brief: Kickstarter Launches New Collection of Political Creations Called “Election Issues”


With the 2016 U.S. Presidential Election nearing its final weeks, crowdfunding platform Kickstarter announced the launch of its Election Issues, which is described as a collection of political creations that are to spark conversation and action. The Kickstarter team stated: “Elections aren’t just about the… Read More

Insider: China Tells Regional Governments to Start Investigating Fraud

China Punishiment Image

This past weekend, Crowdfund Insider reported that China government officials published a list of restrictions for peer to peer lenders. These were largely a rehash of previously revealed regulations directed towards internet finance and more specifically peer to peer lending. But the Chinese government is… Read More

GoFundMe Milestone: Surpassed $3 Billion Raised on Crowdfunding Platform


Earlier this week, GoFundMe announced it has surpassed $3 million in funds raised from more than 25 million donors through its global crowdfunding platform. Speaking about the milestone, the GoFundMe team explained: “GoFundMe’s giving community has come together to support those who need help time… Read More

Brief: Kickstarter Announces New Reward Scheduling Feature


On Tuesday, Kickstarter announced its new reward scheduling feature, which will notably make engaging backers and building excitement easier. The rewards-based crowdfunding platform shared that in addition to setting backer limits on rewards, campaign creators will now be able to set a time-based limit. It… Read More

Crowdrise Launches 24-Hour Flash Fundraiser: Seeks to Help 1,200 Displaced Syrian Refugees in Greece


On Tuesday morning, crowdfunding platform Crowdrise announced the launch of a new 24-hour flash fundraiser. This new raise is seeking funds for 1,200 displaced Syrian refugees that are currently in Greece. TV personality, former pro soccer player, and two-time cancer survivor Ethan Zohn and his new… Read More

Brief: OnDeck Teams Up With “Shark Tank” Star Barbara Corcoran For Annual Seal of Approval Contest


On Tuesday online lender for small business OnDeck (NYSE: ONDK) announced it is teaming up with Shark Tank star Barbara Corcoran for its annual Seal of Approval Contest. This is the second year that the lender and Corcoran have formed a partnership to help three small businesses take home… Read More