Investment Platforms and Marketplaces

November 18, 2020 @ 9:10 pm By JD Alois  |  

Mintos, a European marketplace for loans, launched a securities crowdfunding offer on Crowdcube earlier this week. The equity sale quickly surpassed its £1 million hurdle and as of today, the offering has raised over £6 million backed by more than. In the process, Mintos set… Read More

November 17, 2020 @ 11:41 pm By Omar Faridi  |  

Indian Fintech U GRO Capital, an online lending platform for SMEs, has released its Q2 FY21 financial results and posted a (profit after tax) PAT of INR 17.2 Crores (appr. $2.28 million). The BSE (formerly called Bombay Stock Exchange) stock exchange-listed, technology-focused platform noted that… Read More

November 17, 2020 @ 9:22 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, notes that between October 15 and November 15, 2020, the total market cap for crypto-assets surged from $359 billion to as high as $468 billion toward the end of the latest week – which represents a 34-month high…. Read More

November 17, 2020 @ 5:07 pm By JD Alois  |  

InvestiNation is a new investment crowdfunding platform that seeks to pair US accredited investors with hot startups in Israel’s booming entrepreneur ecosystem. Israel is well-known as the “innovation nation” as countless companies have launched in a relatively small country while attracting global money. The online… Read More

November 17, 2020 @ 11:53 am By JD Alois  |  

Mintos, a European marketplace for investing in loans, rocketed on Crowdcube easily topping its €1 million in just 15 minutes, cruising to €5.3 million in the first 24 hours. Mintos claims title as the largest European company to raise on Crowdcube, by both the amount… Read More

November 16, 2020 @ 3:26 pm By JD Alois  |  

Republic, a leading investment platform and crowdfunding marketplace has acquired the assets of NextSeed small business investment platform for an undisclosed amount. NextSeed co-founder and CEO Youngro Lee will become Chief Operating Officer of Republic while remaining CEO of NextSeed Securities for the foreseeable future…. Read More

November 16, 2020 @ 12:31 pm By JD Alois  |  

Netcapital has emerged as one of the top FINRA regulated funding portals in the sector of online capital formation that has grown to over 55 approved crowdfunding platforms.  Last month, it was reported that Netcapital was a top 5 funding portal raising around $2.5 million… Read More

November 15, 2020 @ 4:24 pm By Omar Faridi  |  

Robo.cash, a peer to peer (P2P) lending marketplace, recently discussed which investments may be “advantageous” during the COVID-19 pandemic. The P2P lender noted in a blog post that COVID, which began spreading in Europe in March and April 2020, led to “unrest” among P2P investors…. Read More

November 14, 2020 @ 4:49 pm By Omar Faridi  |  

Lee Birkett, Founder at UK-based JustUs, a peer to peer (P2P) lender, has stated that the platform will begin providing P2P owner-occupied residential mortgages (starting in 2021). These mortgages will be available either with or without an exemption from the UK government. Birkett noted that… Read More

November 13, 2020 @ 11:12 am By Omar Faridi  |  

Binance Launchpool, a new project designed to bring the decentralized finance (DeFi) experience to the crypto exchange’s users, has introduced a project, called Unifi Protocol DAO (distributed autonomous organization), which is “a working multi-chain smart-contract based DeFi solution.” As explained by the Binance team, Unifi… Read More

November 12, 2020 @ 10:25 pm By Omar Faridi  |  

Singapore based peer to peer finance platform Funding Societies notes that after several years of laying the groundwork with ESG, they’re proud to confirm that their direct lending entity, FS Capital Pte Ltd (which is part of Funding Societies), was approved in October 2020 to… Read More

November 12, 2020 @ 9:42 pm By Samantha Hurst  |  

Applied Data Finance, LLC (ADF), a “technology-enabled lender” and asset manager, announced on Thursday it raised $14.2 million through its latest investment round Founded in 2014, Applied Data Finance is the parent of consumer lending brand Personify Financial. The company stated it combines four unique… Read More

November 12, 2020 @ 1:26 pm By JD Alois  |  

Bitfinex Borrow is a newly announced a peer-to-peer crypto lending platform launched by Bitfinex. According to a blog post, Bitfinex Borrow allows users to leverage token holdings to secure a loan that can be used for trading or be withdrawn from the platform. Borrowers may… Read More

November 12, 2020 @ 10:08 am By JD Alois  |  

GROUNDFLOOR, a real estate investment platform, has announced the lowering of certain fees. GROUNDFLOOR states that for the first time since 2017, it is reducing fees and interest rates in order to support borrowers who are faced with increasing pressure on their profit margins. The… Read More

November 12, 2020 @ 9:53 am By Omar Faridi  |  

iwoca, a European alternative lender for small businesses, is reportedly planning to lend more than £200 million to small businesses before the Coronavirus Business Interruption Loan Scheme (CBILS) applications close in January 2021. iwoca recently surpassed £100 million in CBILS lending. The platform now plans… Read More

November 12, 2020 @ 8:50 am By JD Alois  |  

Funding Circle (LSE: FCH) has emerged as the 5th largest Coronavirus Business Interruption Lending Scheme (CBILS) originator, according to the company Funding Circle is a top Fintech lender serving the SME market in the UK and several other countries. During its most recent earnings release, Funding… Read More

November 12, 2020 @ 8:24 am By JD Alois  |  

  The UK Competition and Markets Authority (CMA) has agreed to fast track the merger of Seedrs and Crowdcube – the two largest investment crowdfunding platforms based in the UK. The merging companies requested the fast track of the review to a Phase 2 stage… Read More

November 11, 2020 @ 8:16 pm By Omar Faridi  |  

CoinList, a top primary digital asset issuance platform, has announced that it will be listing Compound (COMP) and Celo Dollars (cUSD). The CoinList team stated that their customers are always asking them to add support for new high-quality digital assets. That’s why CoinList decided to… Read More

November 11, 2020 @ 2:09 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Tuesday it has joined Mastercard Start Path’s global network of fintech innovators. According to its description, the engagement program is dedicated to fintech innovators that are building the future of commerce. Mastercard states: “Start Path is our global startup… Read More

November 11, 2020 @ 1:12 pm By JD Alois  |  

CrossLend and Dutch crowdfunding platform Geldvoorelkaar.nl have formed a partnership to fund peer to peer loans. Geldvoorelkaar.nl went live in 2010 as the first crowdfunding platform in the Netherlands. In 2019, Geldvoorelkaar.nl was recognized as the market leader in crowdfunding in its home country.  Geldvoorelkaar.nl… Read More