Crowdfunding company SoMoLend is expanding in St. Louis with a contest aimed at generating more borrowers there.
Over-the-Rhine-based SoMoLend, which connects entrepreneurs with investors, is hosting a launch party Dec. 5 at Washington University in St. Louis to kick off its efforts there. SoMoLend already has arrangements with seven banks in the St. Louis area that are lenders on SoMoLend’s website, Chris Calvert, SoMoLend’s vice president of operations, told me at Thursday’s CincyTech annual meeting at downtown’s Duke Energy Convention Center.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025
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Number of Filings131Prior 125 +4.8%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTD
Year prior
Change
Filings
131
125
+4.8%
Target raise
$3.40B
$3.54B
-3.9%
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the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us@CrowdfundInside
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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