Investment Platforms and Marketplaces

May 3, 2018 @ 11:41 am By Erin Hobey  |  

Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article indicated that the Ontario government will boost Toronto-based Lending Loop’s… Read More

May 3, 2018 @ 10:56 am By Erin Hobey  |  

Think along the lines of TheRealReal. Jetzt auf Deutsch! Now shift overseas and to a new — and the 100th — equity crowdfunding campaign launched by Companisto. German-speaking Prelovee’s secondhand market consists of more than 100 online and over 1000 offline stores filled with unique… Read More

May 3, 2018 @ 9:51 am By Samantha Hurst  |  

Security token exchange VRBex announced on Wednesday it has appointed Chuck Ocheret as its new and first Chief Technology Officer (CTO). According to VRBex, Ocheret has 30 years of software engineering experience in the finance, multimedia, and science industries. His recent position was Chief Innovation… Read More

May 3, 2018 @ 8:53 am By Samantha Hurst  |  

Earlier this week, Lendio announced its third annual Top 10 States For Small Business Lending list. According to Lendio, the list’s results were based on lending data from its online lending platform, which matches businesses to nearly 80 lenders. Lendio reported that the key findings… Read More

May 2, 2018 @ 10:25 am By Samantha Hurst  |  

On Tuesday global financial service platform Kabbage announced it has appointed James Chou as its new Chief Technology Officer (CTO). According to Kabbage, Chou has more than 20 years of experience in technology innovations and will oversee the development of the company’s data-drive financial products and small… Read More

May 2, 2018 @ 8:54 am By Samantha Hurst  |  

On Tuesday, alternative investment firm Kuber Ventures announced three new growth funds on its EIS platform. The company reported that the addition of the growth funds follows last year’s budget announcement, which doubled the investment limit. It also saw the rules tightened to prevent investment in low-risk… Read More

May 2, 2018 @ 8:25 am By JD Alois  |  

Crowdcube is reporting a record breaking quarter for the first three months of the year· According to the crowdfunding platform, 49 businesses successfully funded with £22.8 million during Q1 – more than any other previous quarter. This includes 20 businesses that funded in March alone –… Read More

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

On Tuesday, Mastercard announced it was extended its strategic partnership with Unilever to launch a new digital lending platform specifically for Kenyan entrepreneurs. While sharing details about the platform, Ajay Banga, President and CEO of Mastercard, stated: “Micro and small businesses are the economic backbone of… Read More

May 1, 2018 @ 10:03 am By Samantha Hurst  |  

Specialist property peer-to-peer lender, CrowdProperty announced on Tuesday it has appointed Mike Bristow as its new CEO. Bristow is the co-founder of the lending platform and has been on the Board as a Non-Executive Director since it was established in 2013. He is now taking on… Read More

May 1, 2018 @ 10:01 am By JD Alois  |  

Splash Wines is a US based direct to consumer wine marketing company. Last month, CI did a write up on the company and its Series A crowdfunding round on SeedInvest. Today, we are noting that Splash Wines is also raising capital on Crowdcube – one of the… Read More

May 1, 2018 @ 9:00 am By JD Alois  |  

PeerStreet, a real estate investment platform, has has appointed John Devereux as Chief Real Estate Officer. The hiring comes following a $29.5 million Series B funding round, with plans to increase it’s pace of hiring. PeerStreets growth has rocketed in the past 12 months having topped… Read More

April 30, 2018 @ 12:06 pm By JD Alois  |  

According to a report in Xinhua, eight people were arrested in Shanghai for an astounding Ponzi scheme that rivals the Ezubao fraud and the Madoff scandal. Allegedly, more than 60 billion yuan ( or US $9 billion) was stolen from investors by Shanlin Finance a peer… Read More

April 30, 2018 @ 4:00 am By AdaPia d'Errico  |  

Zoe Adamovicz is the CEO and co-founder of Germany-based Neufund. Neufund is a blockchain-based equity fundraising platform specializing in Legaltech and Regtech. She and co-founder Marcin Rudolf are building more than a platform. They are building an ecosystem of smart contracts and a community of… Read More

April 28, 2018 @ 1:44 pm By Samantha Hurst  |  

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, announced it has entered into a conditional Sale and Purchase Agreement (SPA) to sell the 21.6% interest that it currently owns in Fintech Pte Ltd (FPL) as well as a further 5.4% interest to be acquired… Read More

April 26, 2018 @ 10:30 pm By JD Alois  |  

PeerStreet is an award-winning real estate investment platform that wants to enable a far wider audience to invest in real estate debt. The company provides investments in short term, real estate backed loans – an asset class that has traditionally been difficult to access for… Read More

April 26, 2018 @ 1:11 pm By Erin Hobey  |  

Orthogonal, a holding company and ecosystem that unites the desire to make money with doing good for the planet and society, has surpassed its minimum crowdfunding goal on Wefunder.  With the confidence of over 177 investors, Orthogonal has raised over $149,105 and now has set its… Read More

April 26, 2018 @ 12:24 pm By Erin Hobey  |  

Augmate expanded its initial coin offering onto Crowdfunder, reportedly the first ICO on the crowdfunding site, and a milestone for both companies. The offering, structured as a security token in a nod to recent Securities and Exchange Commission guidance on ICOs, gives investors a chance… Read More

April 26, 2018 @ 7:45 am By JD Alois  |  

Revolut revealed its most recent funding round today as it raised $250 million at a valuation of $1.7 billion. In many ways, the success of Revolut is emblematic of the power and potential of investment crowdfunding. Until today’s Series C round, each successive funding round… Read More

April 26, 2018 @ 7:24 am By JD Alois  |  

Revolut has claimed Unicorn status. The UK based digital challenger bank has raised $250 million at a valuation of $1.7 billion making it one of the fastest UK Fintechs to top the billion dollar mark ever. Launched in 2015, Revolut will next expand in the… Read More

April 25, 2018 @ 3:03 pm By Samantha Hurst  |  

The Homeownership Preservation Foundation (HPF) announced on Wednesday it has formed a partnership with CMG Financial to help more people reach their dream of owning a home, through pre-purchase education and homebuyer preparation with CMG Financial’s proprietary down payment crowdfunding platform, HomeFundMe.  As previously reported, HomeFundMe allows prospective… Read More