October 8, 2016 @ 5:52 pm By JD Alois  |  

The real estate crowdfunding, for both debt and equity, is now fairly established as an option for investors. A diverse group of platforms has emerged serving various of sectors of real estate for different investor classes. One area of recent interest is the 1031 sector… Read More

October 8, 2016 @ 2:46 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has posted a request for comments on a proposed stated of policy regarding usage of electronic documents and electronic signatures. As paper quickly fades into the past, digital documents have become the norm and not the exception.  This… Read More

October 8, 2016 @ 12:49 pm By JD Alois  |  

Financeit has received $17 million in investment led by the Pritzker Organization, DNS Capital along with earlier investors.  Financeit also received funding from Goldman Sachs in October 2015. The new funding will be used to acquire TD Bank’s home improvement financing unit. Financeit is a point… Read More

October 7, 2016 @ 5:28 pm By JD Alois  |  

Storm Sondors, one of the creators of the Sondors eBike that remains the second most funded Indiegogo campaign of all time, has switched from rewards to investment by offering shares in a new startup on StartEngine. Sondors filed a Form-C and accompanying offering details with the… Read More

October 7, 2016 @ 2:27 pm By JD Alois  |  

In an email to platform followers, Fundrise has indicated it will soon launch a new round of eREITS to compliment their existing eREIT offers listed on the real estate marketplace today. Fundrise exited the single property funding market last year by leveraging Title IV of… Read More

October 7, 2016 @ 1:04 pm By JD Alois  |  

The company that wants to fix everything that is wrong about  traditional insurance, Lemonade, has only recently launched. The Fintech / Insurtech platform, which has been anticipated for many months now, finally announced its availability in the state of New York at the end of… Read More

October 7, 2016 @ 11:29 am By JD Alois  |  

Leading marketplace lending platform Prosper has launched a new credit card services. Prosper’s “Credit Card Optimizer” is designed to aid consumers in managing their credit cards more effectively – stratght from their smartphones. Credit Card Optimizer seeks to save consumers money by solving common credit… Read More

October 7, 2016 @ 8:10 am By JD Alois  |  

EthisCrowd has been recognized as the Best Islamic Crowdfunding Platform for its social impact real estate campaigns in Indonesia. The Singapore-based platform received the award at the 6th Global Islamic Finance Awards (GIFA) 2016, in Jakarta recently. President Joko Widodo was the guest of honor and also… Read More

October 7, 2016 @ 7:54 am By JD Alois  |  

Online commercial mortgage marketplace lender LendInvest has released financial results and for the 3rd year running has reported a profit of £3.4 million. The company also stated that revenue rose 133% in the 12 months ending in March 2016. Gross revenue hit £32 million versus… Read More

October 7, 2016 @ 7:38 am By JD Alois  |  

Finstar backed peer to peer lender Viventor has released a statement saying it is experiencing 60% average monthly growth during its first year of operation. The online lender launched in October 2015.  The company also shared that initial results after launch in 2015 were disappointing but said… Read More

October 6, 2016 @ 7:38 am By JD Alois  |  

The Financial Conduct Authority (FCA) publishes every 6 months the most complained about banks and other financial firms. This is one way to help keep the banks on their toes as this is one area that no firm wants to place first. On a positive… Read More

October 5, 2016 @ 4:38 pm By JD Alois  |  

According to multiple reports, Prosper is shutting down secondary trading for it’s loans eliminating a liquidity path for retail investors. The justification was stated as lack of demand. Bloomberg reported that Sarah Cain, a Prosper spokesperson, explained the decision as one driven by utilization; “While… Read More

October 5, 2016 @ 4:00 pm By JD Alois  |  

Congressman Patrick McHenry is in his sixth term in the US Congress where he represents the citizens of North Carolina’s 10th District. McHenry is also the Chief Deputy Whip, where he assists Majority Whip Steve Scalise in rallying the GOP members to support important legislative… Read More

October 5, 2016 @ 11:44 am By JD Alois  |  

Australian marketplace lending platform DirectMoney has appointed Anthony Nantes as CEO. Former CEO Peter Beaumont will move into the Chief Operating Officer role. DirectMoney released a statement that Nantes will bring a set of skills that will deliver the next phase of company growth.  DirectMoney… Read More

October 5, 2016 @ 9:24 am By JD Alois  |  

Sberbank is Russia’s largest bank with over 135 million customers. Sberbank holds almost one-third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder… Read More

October 5, 2016 @ 8:05 am By JD Alois  |  

CrowdBnk, founded by CEO Ayan Mitra, has relaunched and rebranded as Code Investing. In a blog post, Mitra explained his new approach; Code Investing better reflects who we are and what we do Our focus on supporting proven small businesses seeking larger sums of growth… Read More

October 4, 2016 @ 6:26 pm By JD Alois  |  

Blackmoon Financial Group is a newer entry into the marketplace lending sector.  Launched in 2014, Blackmoon is marketed as “marketplace lending as a service” or MLaaS. Focusing on balance sheet lenders, Blackmoon has developed technologies to provide integration with  loan originators with institutional investors. The platform… Read More

October 4, 2016 @ 4:18 pm By JD Alois  |  

The inaugural Crowd Invest Summit continues to expand its roster of participants for the December event in Los Angeles.  The conference organizers previously announced Robert Herjavec, founder of Herjavec Group and star of ABC’s Emmy Award-winning hit Shark Tank, will speak in a Fireside Keynote… Read More

October 4, 2016 @ 3:54 pm By JD Alois  |  

In 2015 a small Spanish company named Hawkers was looking to enter the North American market for sunglasses.  They decided to utilize Kickstarter to help cross the Atlantic and expand their brand. Jump forward to today and this company has just raised $56 million to… Read More

October 4, 2016 @ 3:20 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) will host its 2016 Government-Business Forum on Small Business Capital Formation on Thursday, November 17, 2016, from 9:00 a.m. to 5:30 p.m., at the SEC headquarters at 100 F Street, N.E., Washington, D.C. 20549. The 2016 Forum will include… Read More