Investment Platforms and Marketplaces

March 1, 2019 @ 8:52 am By JD Alois  |  

CoAssets (ASX: CA8), a Singapore based Fintech and investment platform that is listed on the Australian Stock Exchange, has reported 6-month results for their 2019 fiscal year (July 2018 to December 2019). Co-Assets states that top line revenue rose 536% to S$5,938,415 versus S$933,238 in… Read More

February 28, 2019 @ 9:32 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Thursday its unaudited financial results for the quarter ended December 31, 2018. According to Hexindai, fiscal year refers to the 12 months ended on March 31st.  Hexindai reported that Third Quarter of Fiscal Year 2019 Operational… Read More

February 28, 2019 @ 11:03 am By JD Alois  |  

Investment crowdfunding platform NextSeed has launched a new initiative that is more analog than digital. NextSeed has opened up a “pop-up residency” a first by the platform. The inaugural experience is the Waffle Bus Pop Up. The community-driven investment platform focuses on local offerings. The… Read More

February 28, 2019 @ 9:31 am By JD Alois  |  

Crowdfunding platform SyndicateRoom is reporting that their EIS friendly fund “Fund Twenty8” has invested in 32 UK startups ahead of schedule. The passive investment vehicle that enables investors to gain access to a diversified portfolio of early-stage firms has injected £3.2 million in the companies…. Read More

February 28, 2019 @ 8:58 am By JD Alois  |  

Equity crowdfunding platform and secondary trading marketplace Seedrs has posted a survey on Brexit. The fast-approaching divorce with the European has policymakers concerned around the world. The many known unknowns creates additional risk for the UK – an economy that has been small business friendly… Read More

February 28, 2019 @ 8:42 am By Samantha Hurst  |  

Crowdfunding platform Republic announced on Thursday that SaaS platform, Baloonr, was named the winner of the second season of Meet the Drapers, which is a crowdfunding TV series that allows “regular” people to become investors.  Meet the Drapers is described as a reality TV show… Read More

February 28, 2019 @ 8:14 am By JD Alois  |  

Online property lender LendInvest has formed a new partnership with buy-to-let mortgage distributor TBMC to offer its loans through the specialist packager’s broker panel.a According to the TBMC website, the company has operated in the buy-to-let and commercial mortgage markets since 1989. They are specialists… Read More

February 28, 2019 @ 5:37 am By Erin Hobey  |  

The European P2P investment platform Robo.cash recently conducted a survey among P2P investors. According to its results, the popularity of P2P investments is on the rise: 69% of the respondents started investing over the last two years, and 35% of investors allocated more than €10,000… Read More

February 28, 2019 @ 4:00 am By Erin Hobey  |  

Innovate Finance, the independent industry body for UK Fintech, published its Women FinTech Powerlist. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience, resulting in an unprecedented volume of applications and nominations this year from around the world. The 2018 iteration… Read More

February 28, 2019 @ 2:07 am By Cali Haan  |  

  Citing, “poor market conditions” and “recent staff redundancies” at Huobi -and eight months after opening the office- the Huobi “cryptocurrency financial services group” has announced on Huobi Australia’s Twitter account that it will be closing all departments at Huobi Australia. Huobi is a top ten cryptocurrency… Read More

February 27, 2019 @ 11:03 am By JD Alois  |  

Huobi Global is now offering deposit and withdrawal service for Tether (USDT) in both its Omni Protocol and ERC20 token form. Prior to today, Huobi only offered USDT linked to Bitcoin’s Omni layer. Bitcoin-based USDT and Ethereum-based USDT are considered two separate cryptocurrencies which run on different… Read More

February 27, 2019 @ 10:32 am By Samantha Hurst  |  

CrowdStreet, an online marketplace for direct equity investment in commercial real estate (CRE), announced on Wednesday the launch of its investor-friendly approach to investing qualified retirement account funds into commercial real estate offerings. According to CrowdStreet, the new option makes it easier than ever for… Read More

February 27, 2019 @ 9:24 am By JD Alois  |  

Orca Money is finally launching its long-anticipated Innovative Finance ISA (IFISA). Orca’s spin on the savings vehicle allows investors to spread their money across multiple peer-to-peer lenders (P2P) thus providing a heightened degree of diversification. Additionally, Orca Money conducts due diligence on behalf of IFISA investors…. Read More

February 27, 2019 @ 8:36 am By JD Alois  |  

In a blog post earlier this week, cryptocurrency exchange Bitfinex reported that 27.66270285 BTC (approximately $105,000) have been returned to customers due to the efforts of US law enforcement. The returned Bitcoins were part of a theft that took place in 2016. Bitfinex reported that it… Read More

February 26, 2019 @ 1:31 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Tuesday it is set to launch cryptocurrency trading through its new partnership with cryptocurrency platform Coinbase. According to CNBC, SoFi is planning to the crypto launch in the second quarter of 2019. While sharing some details about the launch, SoFi CEO… Read More

February 26, 2019 @ 10:33 am By Cali Haan  |  

The Supreme Court of India yesterday ordered the Indian state to establish rules to govern the cryptocurrencies and sector there within four weeks, Inc42 reports. Justices Rohinton Fali Nariman and Vineet Saran also declined to hear from any more petitioners regarding an ongoing legal fight against… Read More

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