Investment Platforms and Marketplaces

April 8, 2019 @ 1:09 pm By Samantha Hurst  |  

Real estate investment platform PeerStreet announced on Monday it is updating its Automated Investing product functionality to make it even easier for investors to diversify on the funding portal. PeerStreet reported that it has lowered its minimum investment to just $100 for small balance reinvestments… Read More

April 8, 2019 @ 12:28 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Monday the launch of its new SoFi Private Student Loans, which is a no fees, competitive rates, flexible payment options, and a mobile-first experience. SoFi reported that its SoFi Private Student Loans offering is built around an easy and transparent… Read More

April 8, 2019 @ 9:11 am By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Friday it will offer to fund and debit customer bank accounts with Same Day ACH transfers. According to OnDeck, same Day ACH transfers will provide qualified OnDeck Term Loan and Line of Credit customers… Read More

April 8, 2019 @ 9:00 am By Erin Hobey  |  

Fresh from its new partnership with Nationwide, BlueVine, a provider of online working capital financing for small and medium-sized businesses, is adding term loan financing to its suite of online financing solutions. The BlueVine Term Loan seeks to provide small and medium-sized business owners fast… Read More

April 8, 2019 @ 6:26 am By JD Alois  |  

Online lending company Robocash Group has moved into the Islamic finance sector via a partnership in Indonesia with Reliance Finance. Robocash has launched a new Fintech service providing personal financing in full compliance with the Shariah law. Robocash said the new service has been labeled… Read More

April 8, 2019 @ 6:17 am By JD Alois  |  

LendInvest, one of the most successful online lending platforms in the UK, has raised £200 million from HSBC UK to help fuel expansion into the regulated home loan market. In a release, LendInvest said this marks the company’s next step towards achieving its ambition of… Read More

April 7, 2019 @ 9:07 pm By Samantha Hurst  |  

Finland based peer to peer lender Fellow Finance announced last week that it facilitated €18.2 million of loans in March 2019 and its total number of investors grew to more than 12,000. As previously reported, Fellow Finance was founded in 2014 and its main business… Read More

April 6, 2019 @ 11:14 am By JD Alois  |  

Investment crowdfunding platform Republic has kicked off the forthcoming distribution of the digital token “Note.” The issuance of the digital asset was foreshadowed by Republic’s acquisition of RenGen Labs, a private equity platform that has operated in the initial coin offering-security token offering sector of… Read More

April 5, 2019 @ 8:23 pm By Samantha Hurst  |  

Less than a month after launching its equity crowdfunding campaign on Seedrs, property crowdfunding platform CapitalRise has closed the round with more than £2.2 million in funding. As previously reported, CapitalRise is on a mission of simplifying the process for borrowers to efficiently raise the capital… Read More

April 5, 2019 @ 8:28 am By JD Alois  |  

Peer to peer lender Crowdstacker has appointed former RBS Senior Corporate Director, Ken Hillen, as Chairman of its Credit Committee. The move comes following a report that Crowdstacker had facilitated a loan to Burning Night Group in the amount of £7.5 million. Burning Night went… Read More

April 4, 2019 @ 3:04 pm By Samantha Hurst  |  

SoLo Funds, a peer-to-peer lending platform that provides instant affordable access to loans,  announced on Thursday its new Mastercard integration, which enables users to link their debit bank accounts to the lender’s platform enabling faster, more seamless lending transactions under $1,000. SoLo Funds reported that… Read More

April 4, 2019 @ 12:49 pm By Erin Hobey  |  

As Chattanooga Football Club enters a new era of growth, the club decided to share the opportunity with Wefunder investors… and the crowdfunding fans went wild.  Launched with a modest $50,000 goal, Chattanooga Football Club has raised more than $648,450 from 2360+ investors. Pre-money valued at $2.95M, the… Read More

April 4, 2019 @ 4:51 am By Erin Hobey  |  

Fintech innovator Fenixera has launched its reporting and tracking platform. Fenixera, a global debt recovery platform tool designed to protect people from having to write-off international debt, is based in Norway. The platform account software aims to enable users to check people’s credit and payment history… Read More

April 3, 2019 @ 3:44 pm By Samantha Hurst  |  

KeyBank National Association announced on Wednesday it has successfully completed the acquisition of Laurel Road Bank’s digital lending business. According to KeyBank, the acquisition underpins the banking group’s strategic growth efforts, by enhancing its digital capabilities through customized, end-to-end lending products. KeyBank reported that Laurel… Read More

April 3, 2019 @ 12:20 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, announced earlier this week it has completed the transaction combining its Canadian operations with Evolocity Financial Group (Evolocity), a Montréal-based online small business lender. According to OnDeck, the transaction combines the local operations, technology and Canadian… Read More

April 2, 2019 @ 4:38 pm By JD Alois  |  

Overstock (NASDAQ:OSTK) subsidiary tZERO has announced that Elliot Grossman has been appointed Chief Executive Officer (CEO) of its “upcoming broker-dealer affiliate.” tZero may be described as the crux of Overstock’s blockchain initiative. The platform seeks to act as the fulcrum to its primary issuance and… Read More

April 2, 2019 @ 2:26 pm By Samantha Hurst  |  

Propio, a UK-based property investment platform, has successfully secured its initial £300,000 funding target through its equity crowdfunding campaign on Crowdcube. The funding round has so far attracted more than 325 investors since launching last month. As previously reported, Propio describes itself as the home of… Read More

April 2, 2019 @ 11:43 am By Erin Hobey  |  

€1 million….now in sight!  JIVR, the UK-based foldable, electric and chainless bike brand, has exceeded €944,670 during its Seedrs campaign with the confidence of more than 252 investors. To recap, funding from Seedrs will be used to establish a comprehensive sales channel mix of B2C, B2B and… Read More

April 2, 2019 @ 5:34 am By Erin Hobey  |  

Fintech startup GeoDB aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool and also to solve the existing problems of the growing big data industry. The platform has recently begun £750,000 crowdfunding campaign on Crowdcube for… Read More

April 1, 2019 @ 6:00 pm By JD Alois  |  

SyndicateRoom is a top investment crowdfunding platform in the UK – one of the “big three”. The platform was co-founded by former schoolmates Gonçalo de Vasconcelos and Tom Britton who met while completing their  MBA at Cambridge Judge Business School. The idea was simple enough:… Read More