Investment Platforms and Marketplaces

July 29, 2019 @ 4:38 pm By JD Alois  |  

Beyond Meat (NASDAQ:BYND), a company that has had beyond fantasy run following its initial public offering earlier this year, reported Q2 earnings today. According to the company, operations generated revenues of $67.3 million, an increase of 287%, and a net loss of $9.4 million or… Read More

July 29, 2019 @ 3:55 pm By Samantha Hurst  |  

Student loan marketplace, College Ave Student Loans, announced on Monday it is offering a special graduate loan for Harvard Law School students through its new program, College Ave Harvard Law Program, which offers one low fixed rate (5.695% APR). “The College Ave Harvard Law Program loan… Read More

July 29, 2019 @ 11:51 am By JD Alois  |  

Genesis, a digital asset trading and lending platform that is also a broker-dealer registered with FINRA, and a BitLicense holder with the New York State Department of Financial Services, reports that its services are booming. According to a release from last week, Genesis’ Q2 performance… Read More

July 29, 2019 @ 6:59 am By JD Alois  |  

Last week, peer to peer lender Viventor selected Andrius Bolšaitis as the new CEO of the online lender. In a release, the company said previous CEO Toms Niparts was departing the firm to start a new, unnamed company. Viventor, based in Riga, is a P2P… Read More

July 27, 2019 @ 11:56 am By Cali Haan  |  

Earlier this month, SGX, “a full-service equities, fixed income, derivatives, commodities, and foreign currency exchange,” welcomed 1exchange, the country’s first licensed private securities exchange for accredited investors. According to Investopedia, SGX formed when the Singapore Stock Exchange, the Singapore International Monetary Exchange and Securities Clearing… Read More

July 26, 2019 @ 7:00 pm By JD Alois  |  

Fraxtor Capital Private Limited, a real estate “co-investment” platform, reports that it has closed an equity round by investors backing a freehold development project in Singapore. Accredited investors could access the offering via the online platform. Incorporated in January 2017, Fraxtor stands for “Fractional Investors”… Read More

July 26, 2019 @ 12:00 pm By JD Alois  |  

Crowdfunding Platform Tops $100 Million in Funding StartEngine, one of the largest crowdfunding platforms in the US, has been approved as a broker-dealer. Following 18 months of working with regulators, Broker-Dealer StartEngine Primary, is now a wholly-owned subsidiary of StartEngine Crowdfunding Inc. and is registered… Read More

July 25, 2019 @ 3:25 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday it has appointed Lonnie Hayes as the new head of sales and strategy for ODX, a wholly-owned subsidiary of OnDeck that assists banks with streamlining and digitizing small business credit origination. According to… Read More

July 25, 2019 @ 11:13 am By JD Alois  |  

Thailand’s Ministry of Finance has granted Huobi a digital asset trading license. This will be the 5th such license approved in Thailand. The license allows Huobi to trade in tokens and fiat. In May of 2018, Thailand announced that only compliant and approved platforms could… Read More

July 25, 2019 @ 9:57 am By JD Alois  |  

The tZERO mobile wallet App is now available on Android. Previously, the app was only available on iOS which is highly rated in the Apple App Store. tZero is the blockchain-focused subsidiary of Overstock (NASDAQ:OSTK). The mobile app allows investors to participate in the “global… Read More

July 24, 2019 @ 3:51 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday the acquisition of Billy and the launch of its bookkeeping software for small businesses, Sunrise, which is a freemium bookkeeping software to meld accounting, cash flow management, loan, and credit information into a single platform. According to Lendio, Sunrise… Read More

July 24, 2019 @ 3:43 pm By JD Alois  |  

HotelierCo, a new entrant in the property crowdfunding space, says its first offering for a boutique luxury hotel in West Cape May, New Jersey: The Ewing Hotel. This niche online investment platform is using Reg A+ to raise capital from both accredited and non-accredited investors. According… Read More

July 24, 2019 @ 12:05 pm By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Wednesday it has added new members to its Business Development team. According to the online lender, Nigel Robbins was named Business Development Manager, Abby Challen has taken the position of Business Development Manager to cover Central… Read More

July 24, 2019 @ 11:40 am By JD Alois  |  

TokenMarket, a Fintech operating under the watchful eye of the Financial Conduct Authority (FCA) Fintech Sandbox, has completed its first security token offering (STO) for equity in the firm. TokenMarket set an initial funding goal of £150,000 but had stated it would have accepted several… Read More

July 24, 2019 @ 9:16 am By JD Alois  |  

Leading crowdfunding platform Seedrs has announced ten companies which are participating in its first accelerator program. The seven-week FMCG (Fast Moving Consumer Goods) accelerator program is designed to provide access to investors, buyers, branding experts and more. The FMCG sector has experienced solid success on… Read More

July 24, 2019 @ 8:03 am By JD Alois  |  

One of the leading investment crowdfunding platforms in the UK is in the midst of an executive transition. Current SyndicateRoom CEO and co-founder Gonçalo de Vasconcelos has announced that he is exiting the executive role and becoming a non-executive Director of the crowdfunding platform. In… Read More

July 23, 2019 @ 6:18 pm By Cali Haan  |  

Boston-based multi-platform cryptocurrency services and investment firm Circle has obtained a license to provide payment, custody, exchange, trading and other financial services involving cryptocurrencies in Bermuda. The company says its Bermuda operation will serve non-US Poloniex exchange customers. It also said it, “expect(s) to offer many new… Read More

July 23, 2019 @ 12:14 pm By JD Alois  |  

Smartlands, a blockchain-based crowdfunding platform, says it will tokenize “real-world assets” for a total of $1 billion by the end of 2023. The UK based, FCA regulated platform is making the bold claim as part of its four-year roadmap. Smartlands says it will tokenize assets… Read More

July 23, 2019 @ 9:57 am By Samantha Hurst  |  

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced on Tuesday its 5.875% Series A Term Preferred Stock. The Board of Directors of RiverNorth Marketplace Lending Corporation has declared a Series A… Read More

July 23, 2019 @ 9:44 am By JD Alois  |  

Germany is on a bit of a securities token roll. Yesterday, Crowdfund Insider covered the launch of a blockchain-based investment platform for early-stage companies that has received regulatory approval. Today, the Fundament Group has announced a €250 Million blockchain-based real estate bond – blessed by… Read More