Investment Platforms and Marketplaces

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

March 31, 2019 @ 9:12 pm By Samantha Hurst  |  

Scotiabank announced last week the launch of its new digital mortgage experience, Scotiabank eHOME. Scotiabank reported with Scotiabank eHOME, Canadians may apply for a mortgage completely online, track the application status through real-time updates, and complete the closing with a lawyer without requiring an in-person… Read More

March 31, 2019 @ 5:25 pm By JD Alois  |  

Indiegogo, the second largest rewards-based platform in the US, has quietly exited equity crowdfunding. Indiegogo entered the securities realm in November of 2016. The platform partnered with Microventures, a Texas-based broker-dealer, to create First Democracy VC – a FINRA approved funding portal. At the time… Read More

March 30, 2019 @ 3:36 am By JD Alois  |  

LendingClub (NYSE:LC) has posted a notice that two high-profile board members have submitted notice they will not stand for re-election. Both John J. Mack and Mary Meeker have decided to depart LendingClub’s Board. Mack is one of the best-known names on Wall Street. The veteran… Read More

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

Online lending platform SoFi announced on Thursday it has refreshed its mortgage offering as SoFi Home Loans. The lender reported that the offering is complete with a re-engineered process that helps people buy or refinance a home with an online application, no hidden fees, or… Read More