Investment Platforms and Marketplaces

December 3, 2017 @ 6:26 pm By JD Alois  |  

Hexindai (NASDAQ:HX), a China based peer to peer lender, became the most recent Chinese online lender to trade on a US exchange early last month. The company will report fiscal year results this coming Tuesday before markets open. The  online lender listed their shares on the… Read More

December 1, 2017 @ 1:00 pm By Samantha Hurst  |  

On Thursday, peer-to-peer lending platform Crowd For Angels reportedly announced the launch of its £50 million bond investment opportunity. This news comes less than a year after Crowd for Angels launched its first crowd bonds, which are described as specially created secured, high-interest products act are… Read More

December 1, 2017 @ 11:05 am By Samantha Hurst  |  

On Friday, RateSetter announced it is now expected to launch the RateSetter ISA in February 2018. The platform revealed that as a reward to its loyal customers, the RateSetter ISA will exclusively be available to its existing lenders for an initial two week period. RateSetter stated… Read More

December 1, 2017 @ 9:45 am By Samantha Hurst  |  

GoFundMe announced this week it is introducing a 0% platform fee, starting with new personal fundraising campaigns based in the U.S. during the holiday season. The funding portal stated that it will do what works best for its giving community to provide the best experience,… Read More

December 1, 2017 @ 9:32 am By JD Alois  |  

LendingClub (NYSE: LC), the leading marketplace lending platform in the US, has closed a “first-of-its-kind” transaction: a whole loan transaction structured as a tradable, pass-through security labeled as a Consumer Loan Underlying Bond or “CLUB Certificate”. This first transaction totaled $25 million with an institutional investor seeking… Read More

December 1, 2017 @ 7:49 am By JD Alois  |  

Downing Crowd is reporting that since the March launch of their Innovative Finance ISA (IFISA), these savings vehicles make up 30% of Downing Crowd investments. Downing Crowd says it has seen a rapid rise in business from IFISA customers, just one year after HM Treasury passed… Read More

November 30, 2017 @ 6:40 pm By Erin Hobey  |  

Currently operating in Granada, Sevilla, Córdoba, Jaén, Huelva, Badajoz, Alicante and Mérida, Mission Box is looking to expand into twenty additional cities by early 2018. The Spanish startup has linked with Crowdcube Spain to make this expansion possible, aiming to secure 230,000€. To date, numbers… Read More

November 30, 2017 @ 3:55 pm By Erin Hobey  |  

619 Distillery & Tasting Room, a new craft distillery and tasting room based in the heart of North Park, one of San Diego’s hip neighborhoods, has partnered with NextSeed for its  Reg C equity crowdfunding campaign.  To date, 619 has raised over $43K toward its… Read More

November 30, 2017 @ 1:07 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Thursday its Innovative Finance ISA (IFISA) will be available as a wrapper on all of its investment accounts, including the manual lending account. The online lender reported that the IFISA will be launched next month, with users… Read More

November 30, 2017 @ 8:52 am By Samantha Hurst  |  

GoFundMe announced on Wednesday it celebrated this year’s Giving Tuesday by donating $100,000 to the GoFundMe Kids Heroes Fund. According to the crowdfunding platform, through the company’s Gives Back program, GoFundMe employees are able to nominate a campaign that touches their heart each month. The… Read More

November 29, 2017 @ 1:28 pm By JD Alois  |  

Everyone is talking about the rocket ship ride of Bitcoin as it cruises through $10,000 per BTC apparently on its way even higher. About one year ago, Bitcoin was just $700. Hopping along on this stratospheric rise is UOWN, a UK based property crowdfunding platform…. Read More

November 29, 2017 @ 1:08 pm By Samantha Hurst  |  

Earlier this month, YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced it has appointed Ivor Wolk as its first-ever general counsel. Now, Wolk is sharing details about his new role with the company. According to YieldStreet, Wolk most recently was partner with Cohen Tauber Spievack… Read More

November 29, 2017 @ 12:02 pm By Samantha Hurst  |  

On Tuesday, Indiegogo celebrated its first year of equity crowdfunding by revealing details about what has happened on its equity portal over the past twelve months.  As previously reported, Indiegogo launched the platform with MicroVentures, which allows anyone to invest in startups and growing companies…. Read More

November 29, 2017 @ 11:42 am By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Wednesday its RISE product has surpassed $300 million in total outstandings, with more than 130,000 open accounts. According to Elevate, RISE is a state-licensed online lender offering… Read More

November 29, 2017 @ 11:31 am By JD Alois  |  

According to a report in El Español, peer to peer lender Comunitae has ceased all operations indefinitely due to fraud detected on the platform this past October. The Comunitae web site is still live but certain portions are not functional. Madrid based Comunitae is described… Read More

November 29, 2017 @ 10:30 am By Samantha Hurst  |  

On Wednesday, Proplend, a UK based peer to peer lender in the property space, announced it has joined the NACFB. According to the online lender, during a brief period of consultation, its commercial borrowing proposition received a great deal of positive feedback from the association’s active Broker community,… Read More

November 28, 2017 @ 3:47 pm By Samantha Hurst  |  

On Monday,  Financial Markets Authority (FMA) today published its first statistical report on peer-to-peer lending (P2P) and crowdfunding in New Zealand. The organization described the report as a snapshot of P2P and crowdfunding activity in New Zealand for the year ended June 30, 2017. It was revealed: “The… Read More

November 28, 2017 @ 1:04 pm By Samantha Hurst  |  

Israel-based crowdfunding platform OurCrowd has reportedly formed a new partnership with UK-based investment firm, Oxx. According to The Times of Israel, the new partnership will allow OurCrowd to invest in portfolio companies as they move to the growth stage. The collaboration will also provide Oxx’s investors… Read More

November 28, 2017 @ 11:33 am By Erin Hobey  |  

With the hope to become the next hip destination in Dallas’s Lower Greenville neighborhood, Leela’s Raw Bar & abv establishment linked with NextSeed to raise a minimum of $150,000 from the crowd. Leela’s Raw Bar & abc, an an upscale dining and drinking concept created… Read More

November 28, 2017 @ 10:40 am By Erin Hobey  |  

Over 840 investors have rallied more than 1,893,900€  for northern Germany’s chic Weissenhaus Grand Village Resort & Spa am Meer second Companisto campaign. The hotel also recently celebrated its second Michelin star for Weissenhaus’ fine dining restaurant Courtier. This two-star rating can be found in the… Read More