Investment Platforms and Marketplaces

January 25, 2018 @ 12:00 pm By Samantha Hurst  |  

ValueSetters Inc. (OTC Pink: VSTR), a Boston-based publicly-traded, boutique advisory firm, announced on Thursday it acquired DreamFunded Marketplace, LLC, a California-based regulated crowdfunding portal. This news comes less than six months after Dreamfunded launched its first real estate investment opportunity under Reg CF. As previously reported, Dreamfunded… Read More

January 25, 2018 @ 10:13 am By Samantha Hurst  |  

YouCaring announced on Thursday it has acquired Indiegogo’s personal cause platform, Generosity. The online fundraising platform revealed along with the acquisition, it has formed a long-term partnership with the global crowdfunding platform, which has been named YouCaring’s Entrepreneurial Fundraising Partner. Speaking about the Generosity acquisition and partnership, YouCaring’s… Read More

January 25, 2018 @ 8:50 am By Samantha Hurst  |  

Roostify, a California-based provider of automated mortgage transaction technology, announced on Thursday it has integrated with real estate marketplace lending platform LendingTree (NASDAQ: TREE). According to Roostify, the new integration makes it easier for consumers to locate and apply with the right lender. Roostify also reported… Read More

January 24, 2018 @ 11:43 am By Samantha Hurst  |  

Financing military veteran-owned small businesses lender StreetShares announced on Wednesday it secured $23 million during its Series B funding round, which was led by Rotunda Capital Partners, LLC, with participating from existing investors, including veteran-focused venture firm, Stony Lonesome Group. As previously reported, StreetShares provides small business financing through small business… Read More

January 24, 2018 @ 10:36 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Dianrong announced on Tuesday it secured $70 million during its Series D funding round, which was led by ORIX Asia Capital with participation from CLSA, the overseas platform of CITIC Securities. While sharing details about the latest investment, Soul Htite, Founder and… Read More

January 24, 2018 @ 10:25 am By JD Alois  |  

RealtyMogul, a leading real estate crowdfunding platform offering Reg D (accredited) and Reg A+ (both accreds and non-accreds) investment opportunities in commercial and residential property, has hired a new President to help lead the firm. Aaron Halfacre, a 20 year real estate executive, has joined… Read More

January 24, 2018 @ 10:14 am By Samantha Hurst  |  

On Tuesday, online lending platform SoFi announced details about its 2017 successes and plans for the new year. This announcement comes just after the lender named Anthony Noto as its new CEO and a director, effective March 1st. The 2017 milestone and accomplishments include: SoFi topped… Read More

January 23, 2018 @ 10:51 am By Samantha Hurst  |  

China-based fintech Yirendai announced on Tuesday it has connected to the Internet Finance Industry Credit Information Sharing Platform, which was established by the National Internet Finance Association of China (NIFA). Yirendai has also been selected by NIFA to participate in a pilot project to enable automatic queries and… Read More

January 23, 2018 @ 10:02 am By Samantha Hurst  |  

On Tuesday, loanDepot announced it is continuing the expansion of its mortgage and personal loan businesses by launching newly formed venture, mello Home, which connects pre-approved homebuyers with verified real estate agents in their local market and help consumers find and hire home improvement and other… Read More

January 22, 2018 @ 11:09 pm By JD Alois  |  

Funding Societies, a leading peer-to-peer lending platform based in Singapore, has crossed the S$ 100 million mark in total crowdfunded SME loans. The financing was provided to SMEs across Singapore, Indonesia and Malaysia. According to the company, Funding Societies has expanded its crowdfunding book by… Read More

January 22, 2018 @ 12:59 pm By Samantha Hurst  |  

GiveGab, a fundraising and supporter engagement platform designed exclusively for nonprofits, announced last week it has completed the acquisition of substantially all assets of Kimbia, an online fundraising, crowdfunding, and event platform provider for nonprofits, higher education, and community foundations. While sharing details about the acquisition, GiveGab’s… Read More

January 22, 2018 @ 8:07 am By JD Alois  |  

Peer to peer lender RateSetter said its commercial lending vertical will focus solely on secured lending in its commercial finance vertical. Following a review of its commercial finance operations, RateSetter said it would move to “simplify” its commercial finance by funding only property backed or… Read More

January 21, 2018 @ 1:58 pm By JD Alois  |  

There is legislation moving through the state of New York that shifts some responsibility regarding online lending to the New York Department of Financial Services (NYDFS). [S07294 and A8938] Originally, there was a bill that was signed into law on December 29, 2017, by Governor Andrew Cuomo, that… Read More

January 19, 2018 @ 10:13 am By JD Alois  |  

WealthForge has announced they have reached the half billion dollar milestone in capital investment transactions processed. WealthForge reports these investments have helped fund more than 300 private offerings hosted on their platform. with an average offering size of $17 million. “We’re very pleased by the… Read More

January 19, 2018 @ 9:57 am By JD Alois  |  

Zopa, one of the largest peer to peer lenders in the UK, has announced an increase in interest rates paid to investors. Zopa currently offers two diversified investment tiers: Zopa Core and Zopa Plus. Returns have increased from 3.7% for Core and 4.5% for Plus… Read More

January 19, 2018 @ 8:07 am By Samantha Hurst  |  

Following its recent reflection of 2017, equity crowdfunding platform Crowdcube released an infographic that revealed details about its record-breaking year, which included its strongest quarter to date. As previously reported, Crowdcube stated it saw its most successful year ever in 2017, which included an “unprecedented” demand from… Read More

January 19, 2018 @ 7:53 am By Samantha Hurst  |  

Online lending platform LendInvest announced on Friday it has been named exclusive lender of a long-term development scheme that aims to build up to 5,750 new homes outside Dover in Kent. According to the online lender, the borrower, Halsbury Homes, currently owns a site in Whitfield, four… Read More

January 18, 2018 @ 9:40 pm By JD Alois  |  

  There are several people in the online lending industry, inclusive of marketplace and balance sheet lending, that truly know just about everything going on in this evolving sector of finance. Ram Ahluwalia, CEO and co-founder of PeerIQ is one of these persons. His company… Read More

January 18, 2018 @ 4:39 pm By JD Alois  |  

Worthy Peer Capital, a subsidiary of Worthy Finance, has received regulatory approval to raise funding under Reg A+. The crowdfunding round will be used to bring a new liquid peer-debt product to the entire investing ecosystem. Everyone knows that rates on Money Market accounts suck. But… Read More

January 18, 2018 @ 1:00 pm By Samantha Hurst  |  

On Thursday, real estate marketplace Roofstock announced it has surpassed $1 billion in property transactions since the launching of its marketplace in 2016. The online lender also revealed it has upsized its Series C funding round to $42 million, which represents a 20% increase over the initial… Read More