Investment Platforms and Marketplaces

January 31, 2018 @ 10:22 am By Samantha Hurst  |  

OurCrowd, a leading global equity crowdfunding platform, announced on Wednesday its Labs/02 seed stage incubator will invest in up to 10 early-stage companies over the next ten years. According to OurCrowd, the incubator, which is a partnership amount the crowdfunding platform, Motorola Solutions (NYSE: MSI),… Read More

January 31, 2018 @ 9:39 am By Erin Hobey  |  

The European online alternative finance market grew by 41 per cent to 7.7 billion euros in 2016, according to the 3rd annual European Alternative Finance Industry Benchmarking Report by the Cambridge Centre for Alternative Finance. The report entitled “Expanding Horizons” indicates that online alternative finance showed… Read More

January 31, 2018 @ 6:33 am By JD Alois  |  

OurCrowd, a leading global equity crowdfunding platform, has announced detailed results of its platform performance as it prepares for its annual OurCrowd Summit, an event that expects over 10,000 participants from around the world.  The Israel-based investment platform shared that, to date, OurCrowd has raised… Read More

January 30, 2018 @ 3:02 pm By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Tuesday it secured $1 million during its Series A funding round. According to DiversyFund, the closing of funding round represents a significant milestone for its platform. It plans to use the additional capital to further develop online… Read More

January 30, 2018 @ 12:12 pm By Erin Hobey  |  

RideLink, an online community where car owners could safely rent their cars directly to drivers, attracted nearly 500 investors during its Seedrs equity crowdfunding campaign last June. Originally seeking £1 million, RideLink raised £1,101,263 during the funding round. Now, only a few months after the raise, RideLink has… Read More

January 30, 2018 @ 8:35 am By Samantha Hurst  |  

LendInvest, announced on Tuesday the formation of a national broker panel, comprising more than 200 brokers, packagers, and other deal introducers, following the launch of its buy-to-let (BTL) product in late November 2017. The lender stated: “LendInvest BTL mortgages are only available via intermediaries who… Read More

January 30, 2018 @ 8:22 am By Erin Hobey  |  

In February, the alternative lending platform Robo.cash will extend its operations into Switzerland. “Switzerland is a strong internationally oriented financial center with a long-standing history of the crowdfunding market,” indicated Robo.cash Founder and CEO Sergey Sedov. “We believe that the Swiss investors will greatly appreciate the opportunity… Read More

January 30, 2018 @ 8:00 am By Erin Hobey  |  

Kabbage, Inc., a global financial services, tech and data platform serving small businesses, now offers lines of credit of up to $250,000. The expanded Kabbage product aims to provide larger businesses with greater purchasing power for longer-term investments. $250,000 is reportedly the largest credit line… Read More

January 29, 2018 @ 3:14 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Monday that it has joined forces with WeWork. Through the collaboration, SoFi will help WeWork’s more than 3,000 employees and over 175,000 members take on their student loan debt. The lender revealed that this is its first SoFi At… Read More

January 29, 2018 @ 11:55 am By Samantha Hurst  |  

Marlette Funding, LLC, an online consumer lending platform, service provider, and the parent company of Best Egg, announced on Monday it closed its fifth proprietary “MFT” securitization.  According to the company, approximately $495 million of Best Egg loans were financed via $464.3 million of MFT 2018-1 Notes with four… Read More

January 29, 2018 @ 10:15 am By Samantha Hurst  |  

Hexindai (NASDAQ:HX), a China based peer to peer lender, announced on Monday the launch of its new nationwide Investor Education Seminar to introduce current and prospective investors to its business and educate them on its risk management systems, development strategy and insurance policies among other… Read More

January 29, 2018 @ 2:00 am By Greg Carter  |  

2018 has started strongly. According to the UK Office of National Statistics data, it looks like the UK could be starting to overcome its productivity challenges. Meanwhile, manufacturing output is at its highest level in a decade. And, of course, we’ve seen the global economy… Read More

January 26, 2018 @ 4:44 pm By JD Alois  |  

LendingClub (NYSE:LC), the largest marketplace lending platform in the US, has just posted an 8K regarding a warehouse funding agreement with certain lenders. LendingClub has enlisted the assistance of JPMorgan Chase Bank, N.A. as administrative agent, and Wilmington Trust, National Association as collateral trustee. The warehouse… Read More

January 26, 2018 @ 9:59 am By Samantha Hurst  |  

Online balance sheet lender, Nucleus Commercial Finance, reportedly lent £350 million in 2017. Founded in 2011, the lender revealed its platform was created in order to provide UK SEMs with alternative funding options. It was revealed: “At Nucleus, we combine the stability of bank finance with the… Read More

January 26, 2018 @ 7:58 am By JD Alois  |  

Zopa, the largest peer to peer lender servicing consumers, is once again accepting new investors. The UK online lender put a halt to new customers in 2017 as an imbalance occurred as demand outstripped supply. This economic miss-match was said to be due to dramatic… Read More

January 26, 2018 @ 7:39 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has published aggregate fourth quarter data for of 2017 for its member platforms. The P2PFA shows that during 2017 £3,145,098,842 in peer to peer loans were facilitated. Cumulative lending transacted through P2PFA member platforms exceeded £8 billion…. Read More

January 25, 2018 @ 9:53 pm By Samantha Hurst  |  

Online lender SoFi announced on Thursday the closing of its $960.2 million offering of SoFi Professional Loan Program 2018-A Notes (SoFi 2018-A). According to the lending platform, the offering reflects underlying collateral of more than $1billion in student loans and is SoFi’s largest ever securitization, as well… Read More

January 25, 2018 @ 3:00 pm By Samantha Hurst  |  

Just a few days before the second annual Women’s March on Washington and Women’s Marches took place around the globe, GoFundMe and CrowdRise announced that more than $400,000 was raised on their crowdfunding platforms for the historical cause. The funding portal revealed: “This week marks… Read More

January 25, 2018 @ 2:00 pm By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Thursday Todd Ruppert, former CEO and president of T. Rowe Price Global Investment Services, has joined its Board of Advisors. This news comes just after the online lender surpassed $500 million in commercial real estate loans closed since inception, which… Read More

January 25, 2018 @ 1:00 pm By Samantha Hurst  |  

Online lending platform LendInvest announced on Thursday it has completed a £12.5 million finance deal with repeat development finance borrower KMRE Group to build 111 new homes in Kirkstall, which is described as a popular residential district of Leeds, Yorkshire. The online lender revealed that the whole… Read More