Investment Platforms and Marketplaces

February 26, 2019 @ 8:15 am By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, has successfully secured $62 million through its latest investment round, which was led by growth equity investment firm Edison Partners. This investment comes just a little over a year after YieldStreet raised $113 million, which included… Read More

February 26, 2019 @ 8:00 am By JD Alois  |  

CrowdProperty, a UK based peer to peer lender, is reporting a couple of milestones. Following the funding of the 70th project, CrowdProperty says it has now funded 500 UK homes worth more than £80 million. The P2P lender says over £30 million has been lent… Read More

February 26, 2019 @ 3:29 am By Erin Hobey  |  

Less than one week into its Wefunder SAFE Future Equity crowdfunding campaign, Wefunder vet MySwimPro has freestyled past $250K from 70+ investors toward its $1,000,000 maximum target. In 2017 MySwimPro raised $280,629 from 164+ investors.  This new round of funding will enable MySwimPro to invest in growing… Read More

February 25, 2019 @ 5:57 pm By Therese Torris  |  

Recently, the French Crowdfunding Association (Financement Participatif France or FPF) published their annual crowdfunding barometer. The report indicated that alternative finance continues to grow in France but when you separate equity crowdfunding, this segment indicates a decline. Crowdfund Insider published an article on the FPF… Read More

February 25, 2019 @ 2:44 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyMogul announced on Monday it has sold a machine learning and artificial intelligence loan underwriting tool to Hunt Real Estate Capital. According to RealtyMogul, Hunt Real Estate Capital plans to deploy the tool across its commercial real estate lending business. While sharing details… Read More

February 25, 2019 @ 1:11 pm By JD Alois  |  

According to a release from Symbiont, Templum will now utilize Symbiont’s Assembly as their blockchain and smart contract technology for both capital raising and secondary trading platform. Templum is the parent company of Templum Markets – a broker-dealer and regulated alternative trading system (ATS). Symbiont… Read More

February 25, 2019 @ 10:28 am By JD Alois  |  

PeerStreet has been recognized as one of the 2019 Best Places to Work in Financial Technology (Fintech). The awards program is a project of SourceMedia and Best Companies Group. The relatively young survey seeks to identify and highlight the best employers in Fintech. Previously, PeerStreet received… Read More

February 24, 2019 @ 6:40 pm By JD Alois  |  

In the past week, Crowdcube has issued a request to change the Nominee terms for Monzo, a digital-only challenger bank that has gained Unicorn status. Monzo has crowdfunded several times on Crowdcube. The most recent crowdfunding round saw the Fintech raise £2 million in just two… Read More

February 22, 2019 @ 8:49 am By JD Alois  |  

Sweden based FundedByMe has received approval to list its shares on the Nordic Growth Market (NGM), a regulated exchange that operates in Sweden, Finland, Denmark, and Norway. NGM is a wholly-owned subsidiary of Boerse Stuttgart. Shares in FundedByMe will commence trading on Friday, March 8, 2019 under… Read More

February 21, 2019 @ 3:31 pm By Samantha Hurst  |  

Student loan marketplace, College Ave Student Loans, announced on Thursday it secured a $65 million credit facility from Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners.  College Ave Student Loans claimed the credit facility is another marker for it as… Read More

February 21, 2019 @ 10:21 am By Therese Torris  |  

Launched last quarter, Anaxago Capital, the asset management sister of French equity crowdfunding platform Anaxago, announces its first investment fund. FCPR ANAXAGO SOCIETY ONE is a real estate development fund dedicate to funding construction and renovation projects. Anaxago Capital aims to raise €30 million to… Read More

February 21, 2019 @ 9:46 am By Samantha Hurst  |  

Capitalise.com, the FCA regulated financial marketplace for accountants announced on Thursday it secured £3.5 million through its Series A investment round, which was led by QED Investors and supported by existing investor Hambro Perks, as well as Gauss Ventures. Founded in 2014, Capitalise.com stated it helps… Read More

February 21, 2019 @ 8:17 am By Erin Hobey  |  

Machine learning, algorithms, early cancer detection, successful intervention? 20/20 GeneSystems, a digital diagnostics company with the core mission of reducing cancer mortality in the U.S. and around the world through early detection, sells what it believes to be the first multi-cancer blood test powered by real-world… Read More

February 20, 2019 @ 4:17 pm By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter recently announced its ISA has exceeded expectations in its first year, having attracted £175 million of subscriptions, and currently accounts for one-fifth of the platform’s £830 million funds under management. RateSetter unveiled its ISA in February 2018. It allows investments in peer-to-peer loans to… Read More

February 20, 2019 @ 12:24 pm By Samantha Hurst  |  

October, the European lending marketplace formerly known as Lendix, announced on Wednesday it has surpassed €100 million in loan repayment. The online lender reported that since its launch more than €250 million has been lent to European companies and nearly 40% of this amount has already been… Read More

February 20, 2019 @ 10:18 am By Samantha Hurst  |  

Peer to peer lender Zopa announced on Wednesday its new research revealed that millions of people across the UK do not know the rate of interest on their Cash ISA, which means billions of pounds are potentially languishing in accounts earning little or no interest… Read More

February 19, 2019 @ 7:45 pm By JD Alois  |  

Leading marketplace lending platform LendingClub (NYSE: LC), released Q4 earnings today along with full year 2018 numbers, and its numbers beat expectations. LendingClub reported record loan originations of $10.9 billion a 21% increase versus the year prior. Net revenue jumped along with originations rising 21%… Read More

February 19, 2019 @ 2:59 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital recently surpassed its £700 million lending milestone. According to AltFi, This news comes less than a year after the online lender surpassed £500 million in lending. Founded in 2012, Assetz Capital describes itself as a provider of alternative funding sources to SMEs… Read More

February 19, 2019 @ 8:18 am By Erin Hobey  |  

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

February 19, 2019 @ 8:02 am By Erin Hobey  |  

Tomorrow MySwimPro, which was named one of the Best Apple Watch App of the 2016, will launch its second Wefunder round, this time for a SAFE Future Equity crowdfunding campaign. In 2017 MySwimPro raised $280,629 from 164+ investors.  Increased funding from the SAFE campaign will allow… Read More