Investment Platforms and Marketplaces

January 7, 2019 @ 9:20 am By JD Alois  |  

Happy New Year. Filed on January 3rd, the busy law firm of Levi & Korsinsky filed a class action lawsuit against Nano cryptocurrency and failed crypto exchange Bitgrail along with its founder Francisco “the Bomber” Firano. The lawsuit was filed on behalf of plaintiff James… Read More

January 7, 2019 @ 7:30 am By JD Alois  |  

Seedrs, a leading UK based investment crowdfunding platform, has provided some additional detail into their performance during 2018. Last week, CI reported that Seedrs has now topped £500 million in investment since platform launch. Money raised has backed 720 deals listed on Seedrs. For 2018,… Read More

January 6, 2019 @ 5:00 pm By JD Alois  |  

Reg CF (or Regulation Crowdfunding as it is inconveniently called) is a securities exemption that enables companies to raise up to $1.07 million online via a regulated funding portal or broker-dealer. The concept of a funding portal was created alongside the exemption which was part… Read More

January 5, 2019 @ 2:50 pm By JD Alois  |  

Digital asset platform Circle has published interesting insight into platform performance during 2018. According to the company, 2018 was a “whirlwind of a year.” Circle states that they currently serve over 8 million customers from all around the world. Transactions totaled $75 billion during the… Read More

January 5, 2019 @ 9:10 am By JD Alois  |  

PeerStreet, a real estate crowdfunding platform that has crafted an interesting niche that pairs retail investors with institutional money, has posted an update on 2018 performance. PeerStreet, having funded $1 billion in debt based financing during 2018 has now topped $1.7 billion in real estate… Read More

January 4, 2019 @ 9:37 am By JD Alois  |  

Huobi DM, Huobi Group’s new cryptocurrency contract trading service, is reporting cumulative trading volume topping $12 billion in its first full month of operation. According to Huobi, their contract trading service enables users to take long and short positions on Bitcoin (BTC), Ethereum (ETH), and EOS (EOS),… Read More

January 4, 2019 @ 7:18 am By JD Alois  |  

Online property lender LendInvest is reporting their best month ever in December. According to the platform, £83 million was lent for UK properties during the month. LendInvest receives the backing of both retail and professional investors. LendInvest said the record-breaking amount of originations was fueled by several changes… Read More

January 3, 2019 @ 9:11 am By Samantha Hurst  |  

Online platform Proplend gave its 2018 peer-to-peer (P2P) property lending year in review. The lender listed the various accomplishments that the lending industry experienced in the past twelve months. The accomplishments are the following: Over £50 million lending now facilitated through the platform and over £100 million… Read More

January 3, 2019 @ 6:41 am By Erin Hobey  |  

Finland-based online investment platform Invesdor operates and connects European growth companies with investors worldwide. Since launching six years ago, Invesdor has helped raise more than €63 million for more than 130 businesses.  How did the platform fare last year? This morning Invesdor Co-Founder and CEO… Read More

January 3, 2019 @ 6:11 am By Erin Hobey  |  

Third time’s proving to be a charm for UK fintech platform CityFALCON.  Having secured £566,488 in 2017 during its second Seedrs round, UK fintech CityFALCON quickly surpassed its initial £150,000 funding target during its third Seedrs’ run in November. The platform has increased the amount of… Read More

January 2, 2019 @ 4:29 pm By Samantha Hurst  |  

Didi Chuxing, a mobile-based transportation platform, announced on Tuesday the launch of a financial services module in its China app. According to Didi, the new service now offers, among others, mutual protection and crowdfunding products for critical illnesses, credit and lending, wealth management and auto-financing… Read More

January 2, 2019 @ 1:33 pm By JD Alois  |  

Bakkt, a digital asset exchange that is an offshoot of the Intercontinental Exchange (NYSE:ICE), has raised $182.5 million in their first funding round. The news was revealed in a New Year’s Eve blog post by Bakkt CEO Kelly Loeffler. ICE is the parent company of the… Read More

January 2, 2019 @ 12:15 pm By Cali Haan  |  

A Happy New Year, indeed. Paragon Coin (PRG), the crypto token of a “cannabis on blockchain” project sanctioned in November by the SEC, pumped 6800% overnight on New Year’s Eve on the Russian crypto exchange Yobit. When PRG holders woke up in the new year,… Read More

January 1, 2019 @ 8:02 am By Erin Hobey  |  

Happy New Year, Crowdfund Insiders! 2018 was a great year for Small Robots Company. The UK-based agri-tech startup won £565K Innovate UK funding — one of the largest awards given in 2018, signed up 20 farm businesses and received £90K in pre-sales on its services. As… Read More

December 31, 2018 @ 10:25 am By JD Alois  |  

In a blog post, UK crowdfunding platform Seedrs shared that it has now topped £500 million in investment crowdfunding. The money has been raised for 720 deals that have been successfully funded since the platform launched. Seedrs co-founder and Executive Chairman Jeff Lynn stated: “It’s… Read More

December 27, 2018 @ 6:44 pm By Cali Haan  |  

Mark Carpeles, the disgraced former CEO of the now-defunct early Bitcoin exchange Mt Gox, has told a Japanese court that he did not embezzle 340 million yen (~$3 million USD) from the exchange in 2013, NHK reports. Mt Gox fell apart in the early months… Read More

December 27, 2018 @ 4:51 pm By Cali Haan  |  

Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware and largest operator of crypto mining pools, and Huobi, the world’s third-largest cryptocurrency exchange, have both confirmed rumours they will be laying off employees, South China Morning Post (SCMP) reports. The value of global crypto markets has declined by… Read More

December 27, 2018 @ 8:45 am By JD Alois  |  

Fundrise, a real estate platform that leverages Reg A+ to offer access to investments for both accredited and non-accredited investors, recently filed several new forms with the Securities and Exchange Commission (SEC). One of the requirements of using Reg A+ is a heightened degree of… Read More

December 27, 2018 @ 6:26 am By Erin Hobey  |  

‘Tis the season for decking halls, lighting candles, spending time with family and friends, reflecting on 2018 and thinking ahead to 2019 and new trends in the global Fintech market. Crowdfund Insider reached out to the Fintech community members to look into their crystal balls… Read More

December 26, 2018 @ 9:25 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Wednesday it has formed a funding sources partnership with Kunming Aotou Economic Information Consulting Co., Ltd. (Kunming Aotou).  Hexindai reported that through this agreement it will assess borrowers that are using its risk management and credit… Read More