Investment Platforms and Marketplaces

August 30, 2018 @ 8:31 am By JD Alois  |  

Investment crowdfunding platform StartEngine has filed an updated Form 1-A with the Securities and Exchange Commission (SEC) that indicates its intent to accept both Bitcoin and Ethereum during a Reg A + security token offering (STO). The document, filed this week with the SEC, is… Read More

August 30, 2018 @ 7:25 am By JD Alois  |  

UK based property crowdfunding platform Property Partner is now offering a new investment vehicle. According to a note from the company, the “online property stock exchange” is adding high yield loans to its offerings. These development finance loans are expected to deliver a net return… Read More

August 30, 2018 @ 6:48 am By JD Alois  |  

Mintos, an online marketplace for loans, has topped € 1 billion in total loans funded after three and a half years of operation. During 2018, Mintos says platform velocity has increased with €500 million invested so far. The platform expects the trajectory to continue with Mintos surpassing €2… Read More

August 29, 2018 @ 11:30 pm By JD Alois  |  

FundedByMe, a European investment crowdfunding platform, has published semi-annual numbers that indicate strong growth. According to the company, during the first 6 months of 2018, FundedByMe saw top line revenue increase by 495%. The company called the report  a “very successful first 6 months, with… Read More

August 29, 2018 @ 11:16 pm By JD Alois  |  

Yielders, a property investment platform based in the UK that is also the first FCA regulated Islamic Fintech, has closed on a pre-series A funding round. Exact terms of the deal were not revealed. The capital infusion comes at the same time that Yielders is… Read More

August 29, 2018 @ 5:59 pm By JD Alois  |  

LendingClub (NYSE:LC) has announced the resignation of Chief Operations Officer Sameer Gulati in an 8-K filing with the SEC today. Gulati was said to have resigned yesterday (August 27) but the departure will become effective on December 31, 2018. The company said that Gulati will “focus on… Read More

August 29, 2018 @ 4:29 pm By Samantha Hurst  |  

Private lending syndication platform CrowdOut Capital announced on Wednesday the completion of a multi-million dollar term loan to Shale Support, a provider of frac sand and logistical solutions to the oil and gas proppant market. According to CrowdOut, the loan will support the acquisition of two… Read More

August 29, 2018 @ 3:51 pm By Samantha Hurst  |  

UK-based marketplace LendInvest announced on Tuesday individuals and small companies who invest through its online investment platform, are now covered by the Financial Services Compensation Scheme (FSCS). According to LendInvest, the majority of the lending platform investors may now be eligible for compensation in the event of a… Read More

August 29, 2018 @ 11:37 am By JD Alois  |  

Coinmint, an operator of a very large cryptocurrency mining center, has commenced a security token offering (STO) in partnership with Securitize. According to Coinmint, each token issued will be worth one Terahash (TH) of Bitcoin mining power. Investors (accredited) may expect to receive daily payouts… Read More

August 29, 2018 @ 8:57 am By Samantha Hurst  |  

Mortgage marketplace lender LendingHome announced on Tuesday it surpassed $3 million in loan originations. The milestone news comes just little over eight months after the online lender surpassed $2 billion in loan originations. Founded in 2013 and began lending in mid-2014, LendingHome states it has the online… Read More

August 28, 2018 @ 7:10 am By JD Alois  |  

Seedrs, a leading European investment crowdfunding platform, has formed a partnership with US based investment platform Republic. The details of the arrangement have just been revealed but rumors of a pending arrangement have percolated for months. This is not the first UK / US pan-Atlantic… Read More

August 27, 2018 @ 4:25 pm By Samantha Hurst  |  

Irish peer-to-peer lender Flender has reportedly raised €10 million through its latest funding round to lend to small and medium-sized enterprises (SMEs). Flender, which was launched in early 2017,  is authorized and regulated by the Financial Conduct Authority under Registration Number 657861. The online lender is now on a… Read More

August 27, 2018 @ 2:59 pm By Samantha Hurst  |  

Crowdstacker, a UK-based peer-to-peer (P2P) lending platform, recently announced it has exceeded £50 million in funds raised for UK businesses that are featured on its portal. According to the online lender, 100% of the P2P lending funds raised for British businesses through Crowdstacker has come directly… Read More

August 27, 2018 @ 11:02 am By JD Alois  |  

Last week, it was announced that Indiegogo, via its partnership with broker dealer Microinvest, was launching a security token offering (STO) for Aspen Digital. The “Aspen Coins” represent a single share in common stock offered under the Reg D 506c exemption for the St. Regis Aspen… Read More

August 27, 2018 @ 8:35 am By JD Alois  |  

CoAssets Limited, a crowdfunding platform traded on the Australian Stock Exchange (ASX: CA8), has reported its financial results for the full year ended 30 June 2018. According to the company which is based in Singapore, CoAssets experienced its first full year of profitable operations representing… Read More

August 24, 2018 @ 11:54 pm By Samantha Hurst  |  

Just a little over a week after launching its latest equity crowdfunding round on Seedrs, Short-term peer-to-peer lending platform Welendus has successfully secured its initial £850,000 funding target. Founded in 2015, Welendus seeks to redefine the short-term lending market by launching a peer-to-peer short-term lending platform… Read More

August 24, 2018 @ 12:19 pm By Cali Haan  |  

More news from China today regarding that country’s ban on citizens’ access to cryptocurrencies. According to The South China Morning Post, China will now block access to an additional 120 foreign cryptocurrency exchanges. Bitfinex, Binance, Huobi and OKEx are already blocked in China. When China announced… Read More

August 24, 2018 @ 12:00 pm By Samantha Hurst  |  

FundedByMe, a multi-national investment crowdfunding platform, announced on Friday it has appointed Ingmar Rentzhog, the founder of Swedish communication agency Laika Consulting AB, to its board. This news comes just a few months after FundedByMe acquired Laika.  According to FundedByMe, Rentzhog founded Laika Consulting AB in 2014… Read More

August 23, 2018 @ 9:32 pm By Samantha Hurst  |  

New Zealand-based equity crowdfunding platform PledgeMe has joined forces with financial institution Māori Women’s Development Inc (MWDI) to launch a new crowdfunding platform called Tā Koha. The platform’s description reads: “Tā Koha emerged as a need for more capital options for Māori and was co-created in a… Read More

August 23, 2018 @ 11:02 am By JD Alois  |  

SharesPost has announced a new partnership with Securitize, an technology platform that enables the tokenization of any asset. SharesPost is a regulated alternative trading system (ATS) and one of the earliest platforms moving into the security token sector as a regulatory compliant marketplace  for digital assets…. Read More