Investment Platforms and Marketplaces

May 23, 2018 @ 1:20 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced last week its first ever rate rise across its access accounts. The online lender reported that the rate increase, which takes effect from 1st May 2018 until further notice, will take target interest rates for the Quick Access Account and… Read More

May 23, 2018 @ 11:31 am By Samantha Hurst  |  

PeerStreet, an online platform for investing in real estate backed loans, announced on Wednesday that one billion in loans have been funded through its marketplace since launch. This announcement comes after the investment portal announced the close of its $30 million Series B last month. PeerStreet reported that… Read More

May 23, 2018 @ 7:05 am By JD Alois  |  

Seedcamp, the leading European seed investor, has announced the close of a £60 million fund that has the backing of over 100 Seedcamp founders, angels and mentors. The fund also includes contributions of £2 million via a collaboration with crowdfunding platform Seedrs. The Seedrs partnership… Read More

May 22, 2018 @ 3:47 pm By Erin Hobey  |  

Capital Cell recently launched a new self-funding fundraising round to create the first ICO marketplace for health via Blockchain. Seeking to raise €700,000, the Barcelona-based platform has already secured over €882,400 from more than 178 investors. The platform was pre-valued at €5,550,000. “We launched the funding round… Read More

May 22, 2018 @ 9:13 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was introducing the feature “Flags” to help investors identify global investments opportunities that are live on its portal. Crowdcube reported that it wants investors to be able to diversify their portfolio geographically and the feature will… Read More

May 22, 2018 @ 9:04 am By JD Alois  |  

Downing LLP has announced a funding partnership with Pivot Power to help financing a network of rapid EV charing stations and grid-connected batteries. Described as a “world first,” Downing will provide a key investment in the initial stage of 2GW network charging stations across the UK…. Read More

May 21, 2018 @ 9:11 am By Samantha Hurst  |  

ThinCats announced on Monday it has completed a transaction for the Management Buy-In (MBI) of Scubair Ltd, a business involved in the design, installation, and service for all types of air conditioning, ventilation, and electrical systems. According to ThinCats, the Newbury-based company is a portfolio business… Read More

May 21, 2018 @ 1:00 am By Therese Torris  |  

  A consumer survey reveals that the penetration of crowdfunding in France is still quite low. However, consumers have a very positive image of crowdfunding, one that remains close to its historical root values of innovation, democratization of access to financing, transparency, and economic /… Read More

May 20, 2018 @ 7:48 pm By JD Alois  |  

Fundrise, an online real estate investment platform, has just filed a Reg A+ update with the Securities and Exchange Commission that updates on their equity eREIT offering. Several years old now, the eREIT offering circular indicates the company has sold approximately $73 million in shares… Read More

May 19, 2018 @ 1:01 pm By JD Alois  |  

Sugru, a high profile consumer product company that crowdfunded on Crowdcube, has been sold at a significant loss to early investors. Sugru raised over £4 million in several crowdfunding campaigns on the platform. The most recent being in 2017 when a 4.62% equity stake was… Read More

May 19, 2018 @ 12:05 pm By JD Alois  |  

Republic, a mission driven investment crowdfunding platform that enables companies to raise money by selling securities including initial coin offerings, has provided an update on their progress. Shared on the 2 year anniversary of when Reg CF became actionable, Republic shares the following stats: To… Read More

May 17, 2018 @ 10:00 pm By Samantha Hurst  |  

LendingPoint announced on Thursday it has closed an up to $600 million, committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners. LendingPoint reported that with the new deal it has secured up to $1.1 billion of senior credit… Read More

May 17, 2018 @ 1:00 pm By Samantha Hurst  |  

The Marketplace Lending Association announced on Wednesday it has welcomed nine new companies to the Association. According to the organization, these new members join as it continues to expand its presence and engage with policymakers in Washington and around the country. The three new lending firms include Social Finance(SoFi), LendingPoint… Read More

May 17, 2018 @ 11:00 am By Samantha Hurst  |  

Earlier this week, France-based online lending platform Lendix announced it has appointed Luuc Mannaerts as the new CEO of Lender Nederland, Lendix’s Dutch subsidiary. According to the online lender, Mannaerts has more than 20 years of experience in the Dutch and European banking sector. Prior to… Read More

May 17, 2018 @ 9:08 am By Samantha Hurst  |  

On Thursday, specialist property finance lender LendInvest announced it has expanded on its long-term partnership with Stripe by integrated the payments platform in order to streamline its loan application process. According to the online lender, the new integration will be embedded in the primary stages of… Read More

May 16, 2018 @ 2:32 pm By Samantha Hurst  |  

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced last week the expansion of its referral partnership program by providing its advanced technology to select referral partners through its small business loan platform, BizLoans.io. This news comes just… Read More

May 16, 2018 @ 10:49 am By JD Alois  |  

Marcus, a fast emerging digital only challenger bank, is poised to enter the UK market and then cross the channel to set up operations in Germany. This is according to multiple reports as the erstwhile online lender leverages its successful US tech in other markets…. Read More

May 16, 2018 @ 9:45 am By Samantha Hurst  |  

Prosper, a peer-to-peer lending platform connecting borrowers and investors, reported earlier this week its financial results for the first quarter of 2018. The online lender revealed that loan originations increased 27% year-over-year to $744 million, driven by strong demand for the company’s personal loan product… Read More

May 15, 2018 @ 4:05 pm By Samantha Hurst  |  

BrainQ, a developing Artificial Intelligence (AI) powered technologies firm that is seeking to treat neuro disorders, announced on Tuesday it secured $8.8 million through its latest funding round. The financing included Qure Ventures, OurCrowd, Norma Investments, IT-Farm, and other strategic angel investors such as Founder and… Read More

May 15, 2018 @ 9:06 am By Samantha Hurst  |  

On Tuesday, Santander announced its Changemaker Fund has surpassed £1 million in matched funding and support from the crowd for charities, social enterprises, and community projects across the UK. According to the bank firm, The Fund, which is in partnership with Crowdfunder, supports organizations looking to deliver social… Read More