Investment Platforms and Marketplaces

February 14, 2018 @ 9:18 am By JD Alois  |  

Mintos, an online marketplace that provides individuals with a simplified way to invest in loans originated by a variety of alternative lending companies around the world, has announced a new milestone having topped the half a billion euro mark in cumulative investments by investors. Reportedly,… Read More

February 14, 2018 @ 9:13 am By Samantha Hurst  |  

UK-based online lending platform Assetz Capital announced on Wednesday that over 2,000 investors have registered for an Assetz Capital Innovative Finance ISA (IFISA) since its launch, surpassing the 2,000 accounts opened across the entire peer-to-peer (P2P) industry in the 2016/17 tax year. The online lender… Read More

February 13, 2018 @ 3:50 pm By Samantha Hurst  |  

Online lending platform for small businesses OnDeck (NYSE: ONDK) announced on Tuesday the release of its fourth quarter and full 2017 year financial results. The online lender reported it achieved a record $5 million of GAAP net income during the fourth quarter. While sharing more… Read More

February 13, 2018 @ 11:34 am By Samantha Hurst  |  

Neptune Financial Inc. (NepFin), a California-based financial services company, announced on Tuesday it has launched its very own online commercial lending platform for mid-sized U.S. businesses. According to the company, this new platform was created to become a new source of credit as well as… Read More

February 13, 2018 @ 10:42 am By JD Alois  |  

Equity crowdfunding platform Seedrs is reporting a record level of trading in their Secondary Market for crowdfunded securities. Launched in June 2017, Seedrs may claim to have developed the most effective secondary market for intrinsically illiquid private securities. While still relatively small, Seedrs said the… Read More

February 13, 2018 @ 9:43 am By Samantha Hurst  |  

Australian marketplace lending platform DirectMoney announced on Tuesday it secured a strategic investment from alternative investment manager Alceon to fund growth and innovation initiatives. According to DirectMoney, the investment will be structured through an initial placement of $600,000 at $0.042 per share (being 14,285,715 new shares), a… Read More

February 13, 2018 @ 9:00 am By JD Alois  |  

Sharestates, an online real estate investment platform, has been added to the Arizona Banking Department roster of lenders. With this state level approval, Sharestates says it will now offer their loan products to the real estate speculation and development community in a new statewide effort…. Read More

February 12, 2018 @ 2:52 pm By Samantha Hurst  |  

On Monday, online lending platform SoFi announced those who lost on the popular app and live trivia game show, HQ Trivia, now have an opportunity to win through its new “So Money” sweepstakes. SoFi reported that from now through February 16th it will award $25… Read More

February 12, 2018 @ 1:00 pm By Samantha Hurst  |  

On Monday, LendInvest announced the launch of its new process for development finance borrowers to transition seamlessly between products. According to the online lender, the Product Transition process allows existing borrowers to transfer easily between specialized loans that are tailored to support them at each stage in… Read More

February 12, 2018 @ 12:00 pm By Erin Hobey  |  

Razitall, a phonetic play on Raise-It-All, is a new crowdfunding platform founded with both entrepreneurs and investors in mind. The goal of the New York-based platform is to help entrepreneurs raise the target amount needed during a Reg CF campaign in order to succeed and to help… Read More

February 9, 2018 @ 9:00 pm By Samantha Hurst  |  

On Friday, UK-based equity crowdfunding platform Crowdcube announced it is celebrating the 2017’s funded by holding its annual Crowdcube awards. While sharing details about the event, the funding portal stated: “These awards celebrate the best of British Entrepreneurship, showcasing a range of fantastic companies that… Read More

February 9, 2018 @ 11:22 am By Samantha Hurst  |  

On Thursday, Chinese fintech Yirendai Ltd. (NYSE: YRD) announced it has entered into a three-year business agreement with PICC Property and Casualty Company Limited. The company reported that under the terms of the Agreement, PICC P&C will provide surety insurance for loans, with a maximum term of… Read More

February 8, 2018 @ 5:25 pm By JD Alois  |  

LendingClub (NYSE: LC) has scheduled its Q4 earnings release for Tuesday, February 20, 2018, after market hours. LendingClub will host a conference call at 5PM ET the same day A live webcast of the call will be available on the LendingClub website here.  Alternative you may dial… Read More

February 8, 2018 @ 2:00 pm By Samantha Hurst  |  

Peer to peer lender Robo.cash announced this week its latest report revealed that the most part of today’s investors are in the age group of 25-44 years and the half of that number is just getting experience but positive about the alternative lending and going to increase… Read More

February 8, 2018 @ 9:12 am By Samantha Hurst  |  

Last week, Chinese peer-to-peer lending platform Senmiao Technology announces terms for its upcoming $14 million U.S. initial public offering (IPO).  Founded in 2014, Senmiao Technology offers director loans and assignment of loans to medium-size enterprise, borrowers, and creditors. According to Renaissance Capital, the online lender plans to… Read More

February 8, 2018 @ 2:00 am By Therese Torris  |  

The asset management firm Eiffel Investment Group which manages the €100 million marketplace lending fund “Prêtons Ensemble” (meaning “Let’s Lend Together”) for institutional investors Aviva France, AG2R LA MONDIALE, MAIF, MGEN and Klesia awarded European Digital Lending Awards at a gathering held in Paris on… Read More

February 7, 2018 @ 1:27 pm By Samantha Hurst  |  

TaxSlayer, an online professional tax and fintech company, announced on Tuesday it has formed a strategic partnership with Kabbage, Inc., a global technology and data platform powering small business lending. According to the company, this new collaboration is set to offer qualified small business customers hassle-free… Read More

February 7, 2018 @ 10:01 am By JD Alois  |  

Peer-to-peer lending platform RateSetter has shared that is Innovative Finance ISA (IFISA) will launch tomorrow (February 8th). RateSetter said the IFISA will initially be available to existing customers, then to new customers on 1 March and to inward transfers from other ISAs in April. The creation of… Read More

February 7, 2018 @ 9:22 am By Samantha Hurst  |  

On Wednesday, LendInvest announced it has completed a £16 million financing deal with development finance borrower, Yogo Group. According to the marketplace lender, the deal was completed in three weeks from initial introduction to site purchase. LendInvest reported that the development finance loan will fund the… Read More

February 6, 2018 @ 9:54 pm By JD Alois  |  

OurCrowd is arguably a vital variable in the rise of Israel’s claim to be the leading nation when it comes to entrepreneurial innovation. The country has established itself as a hotbed for early stage tech firms in a diverse array of sectors. Today, most all… Read More