Investment Platforms and Marketplaces

January 6, 2021 @ 11:39 am By JD Alois  |  

The year of COVID-19 was a difficult time for all. 2020 saw government-mandated lockdowns, a shift to virtual offices, and a health crisis that has not been experienced in many decades. While all industries had to adapt, some thrived – typically tech-centric firms that have… Read More

January 6, 2021 @ 7:55 am By JD Alois  |  

Seedrs has topped £1 billion in total investments according to a note posted by the investment crowdfunding platform. Launched in 2012 by co-founders Jeff Lynn and Carlos Silva, the platform was the first of its kind to receive regulatory approval to operate by the UK… Read More

January 5, 2021 @ 12:08 pm By JD Alois  |  

CrowdfundNC (CFNC), an investment crowdfunding platform and syndication service affiliated with broker-dealer Localstake, has acquired Boon – a marketplace technology platform that started as a healthcare staffing marketplace and is now moving into other verticals. According to a company release, by combining CFNC investability readiness… Read More

January 5, 2021 @ 8:56 am By JD Alois  |  

Peer to peer lending marketplace Robo.cash is reporting that it topped €200 million in funded loans during the month of December. In November, Robo.cash says it set a record of €9.2 million funded in a month. According to the company, during the summer investment volume… Read More

January 4, 2021 @ 10:52 am By JD Alois  |  

CoAssets, now operating as CA Funding, is shutting down according to a post on the company’s website. In the post, CoAssets stated: “We regret to inform you that CA Funding Pte Ltd (CAFPL) is in the process of gradually winding down. For members who do… Read More

January 3, 2021 @ 3:44 pm By JD Alois  |  

CoAssets, once an early entrant in the investment crowdfunding sector and previously traded on the ASX, the Fintech is now deep in trouble according to several reports. CoAssets started its existence as a crowdfunding platform and migrated to debt financing over time. In 2016, the… Read More

January 2, 2021 @ 1:11 am By Omar Faridi  |  

The Lithuania-based Debitum platform, which offers borderless small business financing, was closed on December 31, 2020, for maintenance. Debitum’s management noted that as we enter the new year, Debitum also has “something new.” Debitum added that they had already informed their investors and business partners… Read More

January 1, 2021 @ 11:26 pm By Omar Faridi  |  

Isa Kivlighan from Aave (AAVE), an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, states that 2020 was an “incredible year” for DeFi, as the sector grew dramatically from a little over… Read More

January 1, 2021 @ 9:06 pm By Omar Faridi  |  

The team at Paxful, a leading peer to peer Bitcoin (BTC) exchange, acknowledges that 2020 was quite rough. They claim that even though it may have been the hardest year of many peoples’ lives, there were still some positive developments. In January 2020, Bitcoin was… Read More

December 31, 2020 @ 10:03 pm By Omar Faridi  |  

Anil Stocker, CEO and Co-founder at UK-based MarketFinance, one of the world’s largest peer-to-peer (P2P) invoice finance platforms, notes that like many of the businesses they support, MarketFinance spent the past 10 months dealing with major changes and challenges, “finding ways forward against all the… Read More

December 31, 2020 @ 9:14 am By Samantha Hurst  |  

  Online lending platform Lendio announced on Wednesday its plans to hire a total of 500 employees by the end of January 2021. The online lender is set to hire 190 full-time temporary-to-hire employees by January 7th, with the help of recruiting firm, PrincePereison. “During… Read More

December 30, 2020 @ 11:44 pm By Omar Faridi  |  

Peer to peer lending platform Bondora has shared its top highlights for this year. The P2P lender notes that 2020 has turned out “quite differently than many of us expected.” While we all faced many different challenges due to COVID-19, Bondora says it has had… Read More

December 30, 2020 @ 9:47 pm By Omar Faridi  |  

The team at Blend Network, an online peer to peer (P2P) property lending platform, notes in its latest monthly market pulse report that one of the very few, seemingly positive headlines of this year is Britain becoming the first country to license a “fully tested”… Read More

December 30, 2020 @ 5:14 pm By JD Alois  |  

The Liechtenstein Cryptoassets Exchange (LCX) has secured approvals of eight license categories under the Token and Trusted Technology Service Provider Act (TVTG), according to a release. “We have a long-standing commitment to building a fully regulated safe and reliable business while delivering a seamless user… Read More

December 30, 2020 @ 10:45 am By JD Alois  |  

SolidBlock and INX Ltd. have announced plans to list SolidBlock’s real estate backed security tokens on the INX trading platform. INX is a digital asset trading platform, as well as a token issuer. SolidBlock, based in Tel Aviv and NYC, is a tokenization platform. According… Read More

December 30, 2020 @ 8:53 am By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared their performance data from the Prosper Portfolio for November 2020. Last month, around 84% of originations were “rated AA-B compared to 86% in the… Read More

December 29, 2020 @ 10:22 pm By Omar Faridi  |  

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also… Read More

December 29, 2020 @ 1:24 pm By JD Alois  |  

Invesdor, first launched as a Nordic securities crowdfunding platform, is reporting 2020 numbers of €25.9 million in funding for the year from 6100 individual transactions. In mid-2019, Invesdor completed a merger with online debt platform Finnest – a Fintech based in Austria. The combination of… Read More

December 29, 2020 @ 9:27 am By Samantha Hurst  |  

Biz2Credit announced on Tuesday it has opened applications for anew round of Paycheck Protection Program (PPP) loans.  The PPP is part of the $2 trillion CARES Act signed on March 27, 2020, aimed at getting small business owners back on their feet and millions of Americans… Read More

December 29, 2020 @ 8:22 am By Samantha Hurst  |  

  Online lending platform Lendio announced on Tuesday it has relaunched its online application for small business owners to access the government funds that are set aside for additional Paycheck Protection Program (PPP) loans. As previously reported, the PPP is part of the $2 trillion… Read More