Investment Platforms and Marketplaces

March 19, 2020 @ 2:06 pm By Samantha Hurst  |  

Following the recent outbreak of COVID-19 in the UK, online lending platform LendInvest announced that its platform is still functioning and that it is still “Open for Business.” LendInvest reported that on Monday it instructed all London-based staff to work remotely, which followed the government’s… Read More

March 19, 2020 @ 1:15 pm By Samantha Hurst  |  

Boro, a U.S.-based provider of loans and financial education to students, announced on Wednesday it secured $12 million through its Series A funding round, which was led by Chinese fintech group, LexinFintech. Founded in 2015, Boro claims to be a leading consumer financing platform for… Read More

March 19, 2020 @ 11:45 am By Omar Faridi  |  

US-based CoinZoom, a regulated digital asset exchange, has announced the official launch of its crypto trading platform and its company Visa card. Users will now be able to purchase, sell, and spend a wide range of cryptocurrencies via CoinZoom’s exchange platform. According to a press… Read More

March 19, 2020 @ 11:25 am By JD Alois  |  

Linked Finance a leading peer to peer lender in Ireland, has announced a range of actions to assist borrowers impacted by the Coronavirus, or COVID-19, pandemic. Linked Finance said that an automatic 2-month payment brake will be applied to all loans to the hospitality trade…. Read More

March 19, 2020 @ 12:12 am By JD Alois  |  

Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms via a crowdfunding platform is out with a note on the Coronavirus. The online lender says that now is the time for digital platforms to show strength during the COVID-19 induced… Read More

March 18, 2020 @ 1:13 pm By Samantha Hurst  |  

Bank replacement platform Honeycomb Credit announced on Wednesday it is now offering loans to small businesses that are in need of working capital during the coronavirus pandemic. As of March 18th, there are 7,038 cases of the virus with 97 total deaths. According to Honeycomb… Read More

March 18, 2020 @ 10:17 am By JD Alois  |  

KingsCrowd has closed on a $1 million crowdfunding round on the NetCapital marketplace. KingsCrowd is a ratings and analytics firm for the private securities market. NetCapital lists private securities under both Reg CF and Reg D. The KingsCrowd offering leveraged both exemptions in a side… Read More

March 18, 2020 @ 9:59 am By Omar Faridi  |  

Nifty, a US dollar-based trading platform for non-fungible tokens, or NFTs (which are unique digital tokens that are not interchangeable with other similar tokens), revealed that it had completed its “Nifty Gateway 2.0” update on March 17, 2020. The Nifty platform had been acquired by… Read More

March 18, 2020 @ 9:03 am By JD Alois  |  

OurCrowd, the largest securities crowdfunding platform in the world, has distributed a note highlighting its portfolio companies that are redirecting their efforts to help mitigate the impact of the Coronavirus pandemic. Reported earlier, Sight Diagnostics is providing its OLO blood analyzer to be utilized at Tel… Read More

March 18, 2020 @ 7:45 am By JD Alois  |  

Leading UK crowdfunding platform Seedrs has distributed an email indicating it has transitioned to a virtual operation as employees are now working from home. The company said that as an online business the company was able to migrate to a remote business with “very minimal… Read More

March 17, 2020 @ 10:31 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Tuesday it has facilitated over $2 billion in loans to small businesses across the U.S. The online lender also reported that it has originated more than 100,000 loans as well. Founded in 2011, Lendio claims to be a… Read More

March 17, 2020 @ 12:52 pm By JD Alois  |  

Robo.cash, a peer to peer lending platform operating in multiple jurisdictions, has distributed a note indicating that the Coronavirus pandemic (COVID-19) is not impacting P2P investors. Robo.cash states that while global financial markets experience extreme levels of volatility, European P2P investors continue to invest with… Read More

March 17, 2020 @ 9:59 am By JD Alois  |  

In a blog post today by BlockFi CEO Zac Prince, a digital asset lending platform, he shared that his company is well-capitalized and prepared to ride out the Coronavirus, or COVID-19, crisis. Prince stated: “Our Series B capital raise in January was well-timed and BlockFi remains well-capitalized,… Read More

March 17, 2020 @ 8:24 am By Omar Faridi  |  

Eden Amirav, CEO at Become (formerly Lending Express), a leading online platform that helps small and medium-sized businesses (SMBs) find and optimize funding solutions, recently shared his views and insights with Crowdfund Insider. Become uses its proprietary technology to assist and nurture businesses throughout the… Read More

March 17, 2020 @ 8:05 am By Omar Faridi  |  

Digital asset exchange Bitfinex has introduced its first cryptocurrency hedge fund. Bitfinex’s management confirmed on March 17, 2020, that its $280 million digital currency hedge fund, called Fulgur Alpha, will be available only to the firm’s institutional clients. Paolo Ardoino, CTO at Bitfinex, told The… Read More

March 17, 2020 @ 1:08 am By JD Alois  |  

KlickOwn has launched its first security token offering for real estate in Germany. Launched in mid-2019, the first digital security is for a building based in Lüneburg, Germany. The offering is debt-based seeking up to €1.5 million. As of today, the offering has raised over €350,000…. Read More

March 16, 2020 @ 1:08 pm By JD Alois  |  

Bakkt has raised $300 million in a funding round led by very big names including Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, and Pantera Capital. Of course, Bakkt’s sibling the Intercontinental Exchange (NYSE:ICE) participated as well. The Form D (506b) filed with… Read More

March 16, 2020 @ 11:51 am By JD Alois  |  

Last month, it was reported that Prodigy Network – once a prominent real estate crowdfunding platform focused on prime Manhattan real estate- has endured some challenging times. Several lawsuits in 2019, and the reported departure of its founding CEO, have allegedly caused a certain amount… Read More

March 16, 2020 @ 10:39 am By JD Alois  |  

Draper Goren Holm has invested in DeFi Money Market (DMM) a platform that enables digital asset holders to Earn 6.25% backed by real-world assets, according to a company release. Draper Goren Holm is a young venture group that includes prominent VC Tim Draper. A noted crypto… Read More

March 16, 2020 @ 10:21 am By Samantha Hurst  |  

Online lending exchange LendingTree (NASDAQ: TREE) announced on Monday the launch of a free identity monitoring feature for My LendingTree users through a new partnership with ID Experts, an identity protection provider. LendingTree reported the feature was created in an effort to help consumers further safeguard… Read More