Investment Platforms and Marketplaces

March 28, 2018 @ 12:12 am By JD Alois  |  

We have received some information from an insider regarding Chinese peer to peer lending platforms being unable to update their Apps in the Apple App store due to a regulatory disconnect. From what we have been told, Apple (NASDAQ:AAPL) is enforcing a rule that requires… Read More

March 27, 2018 @ 9:38 am By Samantha Hurst  |  

Challenger bank Banco BNI Europa announced on Tuesday the launch of its new online account opening process through video conference. The company reported that this new process also introduces an innovative system of documents signature with a qualified digital certificate and is available for Portuguese citizens… Read More

March 27, 2018 @ 8:11 am By JD Alois  |  

XPM Investment Consulting, an independent consultancy that provides fund analysis, portfolio reviews, investment research and more, has published a brief report on SyndicateRoom’s Fund Twenty8. SyndicateRoom says the report was not published at their behest and represents an independent assessment of the fund. Fund Twenty8… Read More

March 27, 2018 @ 7:55 am By JD Alois  |  

FundedByMe, an investment crowdfunding platform based in Sweden but operating in multiple countries around the world, has surpassed a new milestone. FundedByMe is reporting having topped €50 million (SEK 500 Million) in crowdfunding since platform launch as of March 2018. The platform  continues to expand internationally… Read More

March 27, 2018 @ 3:00 am By JD Alois  |  

Orca, an independent data, research and analysis provider targeting the the UK peer-to-peer (P2P) lending market, has launched its premier investment platform. The new platform will allow investors to easily diversify across multiple P2P lending platforms from a single P2P investment portfolio. Orca seeks to… Read More

March 26, 2018 @ 7:51 am By JD Alois  |  

Purplebricks Group plc (AIM: PURP), a “hybrid estate agent,” has received a £125 million strategic investment from German conglomerate Axel Springer via its subsidiary of Fünfundachtzigste Vermögensverwaltungsgesellschaft mbH. Following the investment, Axel Springer will own approximately 11.5% of Purplebricks. Concurrently, Purplebricks will appoint Dr Andreas… Read More

March 23, 2018 @ 11:59 am By JD Alois  |  

Here is a quick note on Lendix, the France-based online lending platform that is rapidly expanding across the European continent. In a tweet, founder and CEO Olivier Goy revealed that Lendix experienced its largest one day ever in loans uploaded to the site.   Mis… Read More

March 23, 2018 @ 8:20 am By Erin Hobey  |  

StashAway, reportedly the first robo-adviser to receive a retail license in Singapore, has completed a USD $5.3 million (SGD $7.0 million) Series A funding round. According to the company, a group of family offices and  new investors as well as previous investors in the business, such… Read More

March 22, 2018 @ 1:00 pm By Samantha Hurst  |  

Equity crowdfunding platform Invesdor announced on Thursday it has teamed up with InvestorConnect to launch a new competition called PitchPerfect. The funding portal describes the competition as a “Dragons Den meets strictly come dancing for a fun and innovative pitching competition.” The event will take place on… Read More

March 22, 2018 @ 8:41 am By Samantha Hurst  |  

Lendr, a provider of flexible working capital to small- and medium-sized businesses, specializing in business finance and factoring solutions, announced on Thursday the closing of its $25 million senior credit facility. MidCap Financial Trust served as the Administrative Agent for the transaction. According to to duo,… Read More

March 22, 2018 @ 7:40 am By JD Alois  |  

UK based Investment crowdfunding platform Seedrs has announced a new partnership with Finpoint, a commercial finance broker that provides financing solutions to SME’s. Seedrs says the partnership will support businesses scaling and boost investment into UK businesses. According to the agreement, Seedrs will gain access… Read More

March 21, 2018 @ 11:20 pm By JD Alois  |  

EquityMultiple, a real estate investment platform that caters to accredited investors has bagged general solicitation or accredited crowdfunding. No longer will EquityMultiple publicly promote its real estate offerings online and elsewhere. Previously, EquityMultiple has leveraged Reg D 506c – a new securities exemption created by… Read More

March 21, 2018 @ 3:04 pm By Samantha Hurst  |  

 On Wednesday, Crowdcube announced it has joined forces with The Pitch as its Investment Expert Partner. The UK-based equity crowdfunding platform reported it will run investment readiness classes at The Pitch’s boot camps, along with sharing “learnings” about crowdfunding, work with angel investors and VCs,… Read More

March 21, 2018 @ 8:08 am By JD Alois  |  

Investment crowdfunding platform SyndicateRoom is out with new research that indicates investment risk appetite is increasing while returns fail to match the goals held by nearly half of investors. “The low-yield economic environment is having serious effects on the nation’s ability to reach its financial… Read More

March 20, 2018 @ 1:22 pm By Samantha Hurst  |  

Online lending platform for small businesses OnDeck (NYSE: ONDK) announced it has appointed Kenneth Brause as its new Chief Financial Officer, effective March 26th, as part of a mutually agreed upon transition process. The lender reported that current Chief Financial Officer, Howard Katzenberg. Katzenberg will serve as an advisor to… Read More

March 20, 2018 @ 12:27 pm By Samantha Hurst  |  

  RealtyShares, a leading online marketplace for commercial real estate investing, today announced it is featured by Airbnb as a financing resource in its Multifamily Properties Toolkit, which is described as a website that gives owners, operators, and developers of multifamily buildings resources to support long-term… Read More

March 19, 2018 @ 9:11 pm By JD Alois  |  

American Home Preservation (AHP), a company that purchases distressed mortgages and then enables smaller investors to invest in the assets, has appointed a new CEO as long time founder Jorge Newbery become Chairman of the firm. AHP has hired DeAnn O’Donovan, a former executive with… Read More

March 16, 2018 @ 9:42 am By Samantha Hurst  |  

Lendy announced this week it has attracted its 20,000th investor to its peer-to-peer lending platform. This news comes just days after the online lender announced it repaid five loans in February 2018. According to P2P Finance News, the lender reported that about 7,000 new investors have joined… Read More

March 15, 2018 @ 8:17 am By JD Alois  |  

LendInvest, a UK based online marketplace platform for property finance, has announced a proposed issuance of  5.375% fixed rate bonds due October 2023 by its wholly-owned subsidiary, LendInvest Secured Income plc. Christian Faes, Co-founder and CEO of LendInvest Limited, said they were delighted to return… Read More

March 14, 2018 @ 2:27 pm By Samantha Hurst  |  

On Tuesday, online lender Funding Circle announced it was appointed Bernardo Martinez as its new U.S. managing director. He succeeds co-founder Sam Hodges, who is now to become Chairman of Funding Circle U.S. According to Funding Circle, Martinez joins the platform’s team from PayPal, where he… Read More