Investment Platforms and Marketplaces

May 18, 2020 @ 1:57 pm By Samantha Hurst  |  

KoinWorks, an Indonesia-based P2P lender, has reportedly secured $10 million in additional funding from UK lending platform Lendable. Founded in 2015, KoinWorks claims to be the leading P2P Fintech Lending in Indonesia and the first Indonesian P2P Lending company to be registered, as well as… Read More

May 18, 2020 @ 11:40 am By JD Alois  |  

OurCrowd portfolio company Zebra Medical Vision, a deep-learning Medtech company, has announced its fifth FDA 510(k) clearance for its Vertebral Compression Fractures (VCF) product. The VCF product expands the company’s growing “AI1” (all-in-one) bundle of FDA cleared AI solutions. The company explains that nearly half… Read More

May 18, 2020 @ 9:54 am By Samantha Hurst  |  

Global financial service platform Kabbage announced on Monday that more than 110,000 U.S. small businesses have been approved to receive over $3.5 billion in Paycheck Protection Program (PPP) funding through its online lending platform.  As previously reported, the Paycheck Protection Program is part of the… Read More

May 18, 2020 @ 8:00 am By Omar Faridi  |  

    We recently caught up with Zon Chu, CEO at Constant, a “fully secured” peer-to-peer (P2P) lending platform. Constant started as a stablecoin project in 2019 (CONST) announced at CES but has since morphed into a lending platform. Constant notes that P2P lending has… Read More

May 18, 2020 @ 1:15 am By Omar Faridi  |  

JustUs recently confirmed that it will begin lending to borrowers who are considered key or essential services workers. The peer-to-peer (P2P) lending platform noted that it will selectively accept loan applications from individuals and companies that may be offering essential services during these challenging times…. Read More

May 16, 2020 @ 7:55 pm By Omar Faridi  |  

HDR Global Trading Ltd, the parent company of leading cryptocurrency derivatives exchange, BitMEX, has introduced a developer grant program that will complement its previous efforts and contributions that support software architects working on open-source protocols. HDR Global has previously awarded a “no strings attached” $100,000… Read More

May 16, 2020 @ 8:32 am By Omar Faridi  |  

India’s only publicly-listed Fintech company, 5paisa, has introduced a peer-to-peer (P2P) lending platform. 5paisa also provides share trading services online. The firm’s management confirmed that they will allow users to issue loans from INR 500 (appr. $6.60) to Rs 50 lakhs (appr. $65,900) to several… Read More

May 15, 2020 @ 7:58 am By JD Alois  |  

This week it was announced that UK-based ANNA, a mobile business current account and financial administrative assistant services provider for SMEs, had sold a majority stake in the company to ABHH, an established multinational banking group. ABHH invested $21 million into the firm taking a majority stake… Read More

May 14, 2020 @ 11:35 am By Samantha Hurst  |  

Tavant, a U.S-based AI-powered digital lending technologies provider, announced on Thursday it has launched its Instant Refi Advisor (IRA) product to assist lenders that are facing an increased volume of refinancing applications. According to Tavant, the IRA is a plug-in for mortgage lenders and is… Read More

May 13, 2020 @ 9:44 pm By Omar Faridi  |  

Singapore-headquartered Validus, a financing platform focused on SMEs, has secured more than $14 million in funding, with $20 million in committed capital, from a Series B+ investment round. Validus’ round was co-led by Kuok Group’s Orion fund (managed by K3 Venture Partners) and the Vertex… Read More

May 13, 2020 @ 8:00 pm By JD Alois  |  

StartEngine is one of the largest investment crowdfunding platforms in the US by funds raised. A full stack platform, StartEngine is raising capital under Reg CF, Reg A+ and, in the past, under Reg D. But the platform’s vision for the future of online capital… Read More

May 13, 2020 @ 4:08 pm By JD Alois  |  

Pittsburg-based FINRA regulated funding portal Honeycomb Credit is currently running seven Cleveland based securities offerings. Honeycomb Credit is a Reg CF platform that seeks to provide a bank-replacement type service with loans to SMEs. Honeycomb reports that 3 of the investment offerings are regular loan… Read More

May 13, 2020 @ 3:25 pm By JD Alois  |  

In a document posted by EY Canada yesterday,  the bankrupt crypto exchange QuadraCX trustee posted a document indicating 16,959 individual claims for the crypto and money. Most of the funds were vaporized when founder and CEO Gerald Cotten died without sharing passwords to the accounts… Read More

May 13, 2020 @ 10:18 am By JD Alois  |  

Digital bank Starling and Funding Circle (LSE: FCH), a marketplace lending platform serving SMEs, have formed a strategic partnership to provide loans to small businesses under the Coronavirus Business Interruption Loan Scheme (CBILS). According to a note from Starling, the bank will lend via Funding… Read More

May 13, 2020 @ 9:19 am By JD Alois  |  

We have seen a lot of anecdotal evidence that online capital formation platforms focusing on early-stage ventures continue to do pretty well in spite of the ongoing pandemic. Earlier today, Crowdcube co-founder Luke Lang tweeted out some numbers indicating robust performance on the platform during… Read More

May 12, 2020 @ 11:24 am By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday its latest Small Business Lending Index reveals that the approval percentage for small business loan applications at big banks ($10 billion+ in assets) plummeted below double digits to just 8.9%, down from 15.4% in March and an… Read More

May 12, 2020 @ 8:43 am By Omar Faridi  |  

Binance.US, the leading cryptocurrency exchange company’s US-based division, has introduced an over-the-counter (OTC) digital asset trading desk. The new OTC option is only available for trades valued at $10,000 or more. OTC crypto trades are negotiated directly between the buyer and the seller. They don’t… Read More

May 12, 2020 @ 8:40 am By JD Alois  |  

LendInvest, a marketplace for property financing, has launched a new one year fixed rate product labeled “BTL Plus,” to a “select panel of key intermediary partners and packagers.” According to LendInvest, a one year fixed rate of 3.45% is available up to 65% LTV, and… Read More

May 11, 2020 @ 10:45 pm By Omar Faridi  |  

  In March, it was reported that CoinDCX had secured $3 million in funding through a Series A investment round, led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. At that time, Sumit Gupta, co-founder and CEO at CoinDCX, said the crypto space in India was developing… Read More

May 11, 2020 @ 4:43 pm By JD Alois  |  

OKCoin, a digital asset exchange operating in 184 countries, has hired a new CMO and former Blockchain.com Head of Growth, Haider Rafique. Additionally, OKCoin has appointed former compliance executive for Coinbase and HBUS, Megan Monroe-Coleman , as the new Global Chief Compliance Officer. OKCoin’s headquarters… Read More