Investment Platforms and Marketplaces

January 13, 2021 @ 11:27 am By JD Alois  |  

Finnest, part of the Invesdor Group, says 2020 was a good year in spight of the ongoing COVID-19 health crisis. Based in Austria, Finnest says some forms of financing were able to show their strengths during this period, including crowdinvesting from specialists in digital financing… Read More

January 13, 2021 @ 11:10 am By JD Alois  |  

creditshelf, a digital lending platform serving SMEs in Germany, says it has grown by “double-digits” in 2020 despite the ongoing COVID health crisis. While complete financials will be published at the end of March 2021, creditshelf has distributed certain highlights of 2020. Requested loans totaling… Read More

January 13, 2021 @ 9:30 am By JD Alois  |  

OurCrowd is a leading venture marketplace where smaller (accredited) investors can participate in private securities offerings alongside really big investors. A recent example is where JumpCloud, an enterprise cloud service provider, raised $100 million in a Series E Round. OurCrowd’s name was alongside high profile… Read More

January 13, 2021 @ 8:02 am By Omar Faridi  |  

UK-based marketplace lender Growth Street revealed on Tuesday (January 12, 2020) that all of its platform investors would be getting their funds back, as the company continues to wind down its operations (while still being solvent).  Kim Goetzke, COO at Growth Street, noted that returning… Read More

January 12, 2021 @ 11:26 pm By JD Alois  |  

Björn Jüngerkes has been appointed managing director at zinsbaustein.de according to a company release. In addition to the areas of legal and finance, Jüngerkes will focus on expanding the business model, including by integrating new product structures. This also includes the expansion of the cooperation with… Read More

January 12, 2021 @ 10:58 pm By JD Alois  |  

Securities offerings via crowdfunding platforms in the UK had a gangbuster year, according to a report. In total, £332 million was raised led by the two dominant platforms – Crowdcube and Seedrs – that hoover up over 90% of the offerings. A report by the… Read More

January 12, 2021 @ 2:59 pm By Samantha Hurst  |  

  Biz2Credit announced on Tuesday its latest Small Business Lending Index reported small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.2% in November to 13.1% in December, an indication that the challenges for small business owners in need of… Read More

January 12, 2021 @ 2:23 pm By JD Alois  |  

Digital asset marketplace OKEx says that trading in crypto is rocketing while Bitcoin jumps to new highs and Ethereum rises. In a note from a representative, OKEx points to the total crypto market cap topping $1 trillion only to correct, erasing $140 billion or 24%… Read More

January 12, 2021 @ 2:15 pm By JD Alois  |  

Harvest Returns, an agriculture investment platform, says it has hit a major milestone of $10 million raised in private placement agricultural offerings. Chief Operating Officer, Austin Maness, says now that Harvest Returns has shown the agriculture community that there are like-minded investors around the world… Read More

January 12, 2021 @ 8:23 am By JD Alois  |  

JumpCloud, an enterprise cloud service provider that has boomed during COVID, has raised a $100 million Series E funding round that was said to be oversubscribed. The round was led by Blackrock with additional investment from an affiliate of H.I.G. Growth Partners, OurCrowd, and participation… Read More

January 11, 2021 @ 10:34 pm By JD Alois  |  

For Crowdcube, the UK’s largest crowdfunding platform by total raised, 2020 has been a stellar year in terms of funding rounds. The 3rd quarter of the year was described as “remarkable” and the platform generated £2.67 million in revenue – reportedly Crowdcube’s best ever. The… Read More

January 11, 2021 @ 4:11 pm By Samantha Hurst  |  

    Nav, a U.S.-based financing platform for small businesses, announced on Monday it has launched its Paycheck Protection Program (PPP) Application Portal. According to Nav, the portal is to help small businesses quickly apply for the new round of PPP loans. “The Nav PPP… Read More

January 11, 2021 @ 9:26 am By JD Alois  |  

Bakkt, is the latest Fintech to become a publicly-traded firm via a Special Purpose Acquisition Company (SPAC).  Bakkt is the creation of the Intercontinental Exchange (ICE) the parent company of the New York Stock Exchange. Bakkt is a regulated digital asset exchange that also provides… Read More

January 11, 2021 @ 7:57 am By JD Alois  |  

Seedrs, a top investment crowdfunding platform, has issued a release outlining 2020 results that indicate a stellar year during the time of COVID. According to the company, 2020 is the most successful year to date for the investment marketplace with investors dedicating £239 million, a… Read More

January 10, 2021 @ 10:20 pm By Samantha Hurst  |  

ALAMI, an Indonesia-based peer-to-peer lender, has reportedly finalized more than $10 million through its Series A funding round. According to DealStreetAsia, the investment round was led by AC Ventures. Founded in 2017, ALAMI describes itself as a peer-to-peer finance platform that connects funders to SMEs. “We… Read More

January 9, 2021 @ 6:35 pm By Omar Faridi  |  

The team at Blend Network, an online peer to peer (P2P) property lending platform, recently shared comments and feedback from one of their lenders. UK-based Blend Network notes that a platform lender (investor) “Maria,” has spent most of her career working in management roles and… Read More

January 9, 2021 @ 3:35 pm By Omar Faridi  |  

Peer to peer Bitcoin exchange Paxful has announced that it’s starting off 2021 with a 20% discount. The crypto trading platform will be reducing external digital wallet send out fees by 20% beginning on Monday, January 11, 2021. As noted by Paxful: Send Out Amount … Read More

January 8, 2021 @ 11:14 pm By Samantha Hurst  |  

  RateSetter, a leading UK based peer to peer lender, is reportedly telling investors that starting at the end of January 2021, it will no longer process any new transfer-in ISAs requests from other providers. According to P2PFinance News, the online lender stated it will… Read More

January 8, 2021 @ 11:23 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced earlier this week t will be participating in the next round (Round B) of the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP).  In the initial round of… Read More

January 8, 2021 @ 8:14 am By Samantha Hurst  |  

Netshares Financial Services, a U.S.-based digital investment bank and regulation crowdfunding (Reg CF) platform, announced earlier this week that the Financial Industry Regulatory Authority (FINRA) has approved its New Membership Application to commence operations as a registered broker-dealer. Netshares revealed that it will bring offering… Read More