Samantha Hurst

RealtyMogul Offers Up Mezzanine Loan for Kearny Office Park Acquisition

RealtyMogul, an online marketplace for real estate investing, announced on Wednesday it has provided a mezzanine loan to assist in the acquisition of Kearny Office Park along with Cathay Bank, who provided the senior debt. Kyu Mahn Hwang, a San Diego-based individual is the sponsor… Read More

Brief: Marketplace Lender Platform Payoff Set to Offer Members Monthly Access to FICO® Scores for Free

On Wednesday, marketplace lending platform Payoff, Inc. announced it will provide members of its site monthly access to FICO Scores for free beginning January 2016. Scott Saunders, founder and CEO of Payoff, shared: “We are committed to helping people understand their financial health. By providing free… Read More

Groundfloor Secures $5 Million During Series A Financing Round For National Expansion

Groundfloor, a real estate lending marketplace open to non-accredited investors, announced on Wednesday it has closed a $5 million Series A round led by Fintech Ventures. Previous investors also participated in the round, bringing the company’s total financing to $7.5 million to date. On the heels… Read More

Brief: BorrowersFirst Names Former Lending Club’s SVP Zhi Zhou Chief Risk Officer

On Wednesday, marketplace lending platform BorrowersFirst announced the appointment of Lending Club’s former SVP, Zhi Zhou, as Chief Risk Officer and Head of Enterprise Analytics. Dave Tomlinson, BorrowersFirst’s CEO, stated: “Zhi is an accomplished and well respected leader who has been at the forefront of the marketplace… Read More

EarlyShares Launches Real Estate Investment Opportunity for Washington D.C.’s Hotel RL

On Wednesday, crowdfunding platform EarlyShares announced it has launched a new equity investment offering for conversion of the Quincy Hotel in Washington, D.C., into Red Lion Hotels’ new upscale boutique brand, Hotel RL. Hotel RL is a new lifestyle brand positioned as the first “upscale three-star”… Read More

New Marketplace Lender Backed Secures $1.5M in Seed Funding From iAngels and Cyhawk Ventures

Backed, a new marketplace lending platform that seeks to lower borrowing costs for young adults by mitigating traditional co-signing risks, announced on Wednesday that it has raised $1.5 million in seed funding from angel investors, iAngels, and Cyhawk Ventures. Co-CEO and founder of Backed, George… Read More

GoEuro Raises $45M During Series B Financing Round Led by Goldman Sachs Investment Partners

GoEuro.com, a European platform for planning and booking all rail, bus and air transportation, has announced the completion of its Series B funding round, which secured a total of $45 million. The round was led by Goldman Sachs, along with new investors including Atomico, Yuri… Read More

Credible Expands Into Personal Loans By Launching Multi-Lender Marketplace

Following its $10 million Series A financing in September, Credible (credible.com), the multi-lender marketplace, today announced its expansion into personal loans. Credible’s marketplace for personal loans will include several of the leading online lending companies including Prosper, Lending Club, Avant, Upstart and Pave. Stephen Dash,… Read More

Crowdcube Unveils 2015 Holiday Gift Guide

With the holiday season already in full swing, Crowdcube unveils its 2015 holiday gift guide. The UK-based equity crowdfunding platform shared: “We’ve a whole host of fantastic present ideas for you this year, compiled entirely from companies that have funded on Crowdcube during 2015. This… Read More

Indiegogo Alum iBackPack Announces Kickstarter Initiative & New Partnerships

Following its recent success on crowdfunding platform, Indiegogo, Texas-based startup iBackPack announced the launch of its upcoming second campaign on Kickstarter. iBackPack has over fifty individual pockets, secret compartments and other decoy pockets. It provides the ability to track the exact location of the iBackPack through… Read More

Brief: Parthenon Capital Partners Completes Acquisition of Millennium Trust

On Tuesday, private equity firm, Parthenon Capital Partners, announced the completion of its previously announced acquisition of Millennium Trust, a provider of technology-enabled asset custody solutions for institutions, advisors, and individuals.  Headquartered in Oak Brook, IL, Millennium Trust was established in 2000 to meet the… Read More

Brief: Vitacon Incorporadora e Construtora Launches URBE.ME Real Estate Initiative to Fund Brazilian Building “VN Cardoso de Melo”

Vitacon Incorporadora e Construtora, a real estate company based out of Brazil, has launcheda investment crowdfunding campaign on URBE.ME to raise funds of what’s considered the first building to be financed by the funding method, VN Cardoso de Melo. The financing of the real estate development… Read More

Brief: Healthcare Crowdfunding Platform Medstartr Announces Winners of the Momentum 2015 Conference

On Tuesday, crowdfunding platform focused on Healthcare Innovation, MedStartr, announced the winners of the MedStartr Momentum 2015 Conference. More than 200 attended the conference held at NYC’s Microsoft Technology Center generating 12 million impressions on Twitter with hashtag #MedMo15. Speakers at the first full-day conference included:… Read More

Seedrs Posts Snapshots of Crowdfunding’s Twitter Popularity

Showing exactly how popular crowdfunding has become, Seedrs post some snapshots of people reacting to the funding method on social media website, Twitter. The Seedrs team shared: “Crowdfunding is growing quickly, and it may never have been possible without the widespread adoption of social media… Read More

Brief: Beauhurst Names Crowdcube Most Prolific Investor

On Tuesday, UK equity crowdfunding platform, Crowdcube, announced that it was named most prolific investor by research firm, Beauhurst. The website stated: “According to Beauhurst’s recent report into the growth the e-commerce sector, Crowdcube have made the most investments, by deal numbers, into this sector during 2015…. Read More

Indiegogo Success “Oomi” Creator Fanthem Named CES 2016 Innovation Award Honoree

Fantem Technologies announces that it is a CES 2016 Innovation Award Honoree for Oomi, its smart home ecosystem. The Oomi, which debuted on Indiegogo earlier this year, is a complete smart home system that offers a wireless home security system, manages comfort and ambiance, and… Read More

FinTech Startup Income& Secures $2.9 Million; Announces Peer-to-Peer Marketplace PRIMO

Income&, a marketplace investing platform based in San Francisco, announced on Tuesday that it has secured $2.9 million in combined seed funding and capital committed to support company operations. The company is the creator of PRIMO, a low-risk, superior-yielding fixed income product backed by high-quality,… Read More

Mayor Carey Davis Announces GoFundMe Initiative For Victims of the San Bernardino Shooting

Following the tragic shooting that took place in San Bernardino, California last week, the city’s mayor Carey Davis announced that a GoFundMe campaign has been launched for those involved in the devastating incident. The campaign’s description reads: “At 11:00 in the morning on December 2nd, two… Read More

Update: “Psychonauts 2” Nears $2M in 4 Days on Fig

Just four days after launching a crowdfunding campaign on Fig for its highly anticipated video game, Psychonauts 2, Double Fine has successfully secured nearly $2 million from over 12,000 backers. The company turned to the funding method to raise $3.3 million towards the project. The description of… Read More

iPayment Forms Partnership With CAN Capital to Help Small Businesses to Access Working Capital

CAN Capital, Inc., a market share leader in alternative small business finance, and iPayment, Inc., a provider of payment solutions and processing services, announced on Monday a partnership to provide over 150,000 small businesses currently working with iPayment the ability to apply for access to flexible… Read More

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