Investment Platforms and Marketplaces

February 20, 2018 @ 10:20 pm By JD Alois  |  

LendingClub (NYSE: LC), the largest marketplace lending platform in the US, announced financial results for the fourth quarter and full year ended December 31, 2017. Simultaneously, LendingClub announced that it has successfully reached a preliminary settlement of class action lawsuits filed in federal and California state… Read More

February 20, 2018 @ 3:17 pm By Samantha Hurst  |  

On Monday, Credit Kudos, a challenger credit bureau, and Lending Works, a fast-growing peer-to-peer (P2P) lending platform, announced they were teaming up to launch a new Open Banking initiative, which is described as a secure way for banking customers to take control of their financial data. According… Read More

February 20, 2018 @ 2:15 pm By Samantha Hurst  |  

ShareIn, a SaaS platform for the crowdfunding sector, announced on Tuesday it has seen revenues triple in the past 12 months and has matured from a startup to become a profitable scale up. The company reported it is going from strength to strength with the announcement… Read More

February 20, 2018 @ 11:09 am By Samantha Hurst  |  

On Tuesday, Assetz Capital announced the appointment of three new members of its team. Jason Roper was named Relationship Director for the North West; David Hardman was appointed Credit Manager, and Karl Kent was named Remote Relationship Director for South Yorkshire. According to Assetz Capital, Kent joined… Read More

February 20, 2018 @ 9:10 am By Samantha Hurst  |  

On Tuesday, LendInvest announced the launch of its new buy-to-let (BTL) online calculator for intermediaries. According to LendInvest, the calculator is considered the latest in a series of ongoing improvements to the lender’s online calculators, aimed at making the loan application process as easy and straightforward… Read More

February 20, 2018 @ 5:15 am By JD Alois  |  

Debt based crowdinvesting platform Finnest is expanding its offering to large corporates and institutional investors. Finnest is an interesting online lender operating in the DACH countries. The peer to peer platform was launched to provide SME funding supported by individual investors but the company is… Read More

February 19, 2018 @ 2:08 pm By Samantha Hurst  |  

Toy brand Hasbro recently announced the launch of its new crowdfunding platform, HasLab. According to the company, HASLAB is a platform that hopes to bring dream products into the hands of fans. It was reported: “With your support, our goal is to make products that are… Read More

February 17, 2018 @ 11:15 am By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, produces a monthly index focusing on Reg CF – the smallest of the three crowdfunding exemptions. The snapshot is an interesting perspective on sector progress. The most recent Index, published last week, indicates $90.7… Read More

February 16, 2018 @ 3:44 pm By JD Alois  |  

Fundrise, a leading online real estate investment platform, has just sent out an email sharing their 2017 aggregate performance. In brief, this is what Fundrise reported; “In 2017, Fundrise investments earned an 11.44%* total return on investment, including over $16 million in dividends paid out… Read More

February 16, 2018 @ 12:13 pm By Samantha Hurst  |  

CrowdProperty, a UK-based specialist property peer to peer (P2P) lending platform, announces it is set to launch its IFISA on February 23rd. According to the lender, existing lenders will be able to take advantage of this year’s ISA allowance of up to £20k and transfer existing ISA… Read More

February 16, 2018 @ 11:48 am By Samantha Hurst  |  

Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance, and zero loan officer commissions, announced on Friday it has funded more than $1 billion dollars in mortgage loans to date. The platform, which launched in January 2016, claims… Read More

February 16, 2018 @ 10:50 am By Samantha Hurst  |  

EnergyFunders, an online marketplace connecting investors to oil and gas projects, announced on Friday it will unveil its very own version of a blockchain technology platform by the end of February 2018, with a later planned secondary market. According to EnergyFunders, the new blockchain technology is claimed to be the… Read More

February 16, 2018 @ 7:46 am By Therese Torris  |  

After France, Spain and Italy, Lendix is launching operations in Germany and the Netherlands. The company reaffirms its strategy to be first to market with a pan-European strategy, leveraging its marketplace business model through the addition of local teams. “We’re not pivoting. We’re remaining true… Read More

February 15, 2018 @ 6:10 pm By JD Alois  |  

Investment banking is a highly profitable business. Goldman Sachs, perhaps the most prominent investment bank in the world, raked in $32 billion during fiscal 2017 with the majority of this revenue driven specifically by investment banking. Yet arguably, much of the value that is provided… Read More

February 15, 2018 @ 12:22 pm By Erin Hobey  |  

With 13 days remaining on its campaign, Jinglz has nabbed more than $728K from over 878 investors on its StartEngine Reg CF equity crowdfunding campaign. Jinglz builds products that aim to create measurable, positive change in the mobile advertising space. The startup’s new technology uses mobile device… Read More

February 15, 2018 @ 7:35 am By Samantha Hurst  |  

Peer to peer lending platform Lendy has released its audited accounts for 2016, showing profits before tax rising to £3.3 million compared to £53,000 in 2015. The company reports that since launch in 2012, Lendy has originated over £376 million in secured loans generating £36… Read More

February 15, 2018 @ 7:34 am By Samantha Hurst  |  

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday the finalists for the 2018 FinTech Pitch 360 Competition, which is sponsored by Intel and hosted by Chris Denson of Innovation Crush. The event is set to take place on… Read More

February 14, 2018 @ 2:55 pm By Samantha Hurst  |  

On Tuesday, Funding Circle announced the University of Huddersfield has reportedly led to more than 2,000 UK small businesses through its partnership with the online lending platform that allowed the University to became the first to lend directly to businesses through a lending platform. According… Read More

February 14, 2018 @ 12:00 pm By Samantha Hurst  |  

Earlier this week, retail giant Target reportedly announced it has teamed up with crowdfunding platform for honeymoons, HoneyFund, to integrate the funding portal’s registry services to the retailer’s wedding registries. According to TechCrunch, Target decided to partner with HoneyFund because the funding portal is looking… Read More

February 14, 2018 @ 10:59 am By Samantha Hurst  |  

On Wednesday, Crowdcube announced half a million users have pledged over £400 million, of which £310 million has been successfully invested through its equity crowdfunding platform. the funding portal went on to list key stats about the crowd: The average investment size from an individual… Read More