Investment Platforms and Marketplaces

January 15, 2018 @ 10:16 am By Samantha Hurst  |  

On Monday, UK-based equity crowdfunding platform Crowdcube announced the launch of its Android mobile app. The funding portal revealed that more than half of its investor activity happens on mobile devices and stated since its launch, over £9 million has been invested through the Crowdcube iOS… Read More

January 15, 2018 @ 7:47 am By JD Alois  |  

Leading online lender Lendix is out with a note saying they have hired three new recruits to support its 2018 growth targets. The peer to peer lender currently operates in France, Spain and Italy, but will open up in two additional countries soon. To help… Read More

January 15, 2018 @ 7:17 am By JD Alois  |  

The British Robotics Seed Fund (BRSF) has invested in Magpie Education, a creator of an AI driven resource tool  designed to inspire students in STEM (Science, Technology, Engineering & Mathematics) subjects. The£300,000 investment will help Magpie capture market share of the UK Edtech market and then… Read More

January 13, 2018 @ 6:00 pm By Xu Gao  |  

Renren Calls an End to its ICO Project It was reported that Renren has closed its RRCoin ICO project after a talk with China’s regulatory authorities. Among the 1 billion RRCoins that were planned to issue, 40% would have beeen allocated to private equity, 25%… Read More

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

Real estate crowdfunding platform RealtyShares took a look back at 2017 with its Year-in-Review. While sharing details about the past twelve months the funding portal revealed: “Disruption in the commercial real estate industry hit a fever pitch in 2017. We saw a change in the tax code,… Read More

January 12, 2018 @ 10:13 am By Samantha Hurst  |  

  On Thursday, UK-based peer-to-peer lender Lending Works celebrated its fourth birthday. Founded in January 2014, Lending Works describes itself as a peer-to-peer lending platform that matches people looking for a better return on their money with sensible borrowers looking for a low-cost, flexible personal… Read More

January 11, 2018 @ 10:13 pm By JD Alois  |  

ThinCats says 2018 is poised for growth. The online lender reports that December was a record month booking £12 million of funding listed on the platform followed the biggest-ever ThinCats-listed loan of £6.7 million to the Chelsea Yacht & Boat Company at the end of September…. Read More

January 11, 2018 @ 1:00 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform Dianrong announced on Thursday it has signed a strategic agreement with Dalian Finance Development Bureau and Dalian Finance Industry Investment Group. Dianrong revealed that according to the agreement it will be developing a series of specific projects in partnership with the Dalian government,… Read More

January 11, 2018 @ 11:42 am By Erin Hobey  |  

“The sexual discrimination, harassment, and assault that has been reported and come to light over the last two months have been equal parts terrifying and illuminating. We stand with all those who have endured sexual harassment: those who have come forward and those who have decided… Read More

January 11, 2018 @ 9:43 am By JD Alois  |  

OurCrowd, one of the largest crowdfunding platforms in the world, has launched a new $100 million global fund labeled “Cognitiv.” This specialized fund will focus on early-stage companies that leverage AI, IoT, robotics, digital manufacturing and more. Cognitiv is on a mission to fund tomorrow’s category… Read More

January 11, 2018 @ 8:30 am By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) announced yesterday it had approved the licensing of the first seven “crowd-sourced funding” platforms. Due to a recent change in Australia’s security regulations, these investment crowdfunding platforms may allow businesses to raise up to $5 million – all… Read More

January 11, 2018 @ 8:28 am By Samantha Hurst  |  

The Peer-to-Peer Finance Association (P2PFA) announced on Thursday it has welcomed peer-to-peer lender Crowdstacker. According to the organization, the online lending platform concentrates on a select few established businesses looking to secure over £1 million, appealing to businesses seeking to diversify their existing funding strategies. While… Read More

January 11, 2018 @ 7:44 am By Samantha Hurst  |  

Atlanta-based fintech direct loan provider, LendingPoint, announced on Thursday it has acquired point-of-sale finance platform LoanHero. According to LendingPoint, with the combination of LendingPoint’s credit underwriting and risk management expertise, LoanHero will help accelerate LendingPoint’s expansion into point-of-need and point-of-sale financing, with its comprehensive and innovative… Read More

January 11, 2018 @ 7:22 am By Samantha Hurst  |  

Nav, a small business marketplace lending platform, announced this week it has facilitated more than 20,000 small business credit approvals in 2017. Founded in 2012, Nav described itself as an early-stage fintech company that uses data to help business owners get more funding, lower their costs,… Read More

January 10, 2018 @ 2:46 pm By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it has secured $113 million through its latest financing round, which included $12.8 million of Series A equity financing co-led by Greycroft and Raine Ventures, as well as a revolving credit facility of… Read More

January 10, 2018 @ 2:39 pm By JD Alois  |  

Real estate crowdfunding platform RealtyMogul has announced the appointment of Chris Fraley as Chief Investment Officer. RealtyMogul says that Fraley has served as their interim Chief Investment Officer since June 2017, and has now joined full-time to continue overseeing credit and asset management for RealtyMogul’s… Read More

January 10, 2018 @ 2:15 pm By Samantha Hurst  |  

Modalku, an Indonesia-based peer-to-peer lending fintech startup, successfully surpassed $74 million (Rp 1 trillion) in total crowdfunded MSME loans. This news comes just a little over six months after the company announced it was fully registered with the Otoritas Jasa Keuangan (OJK). As previously reported, Modalku was… Read More

January 10, 2018 @ 11:57 am By Samantha Hurst  |  

CMG Financial, the creators of a Fannie Mae and Freddie Mac approved down payment crowdfunding platform, HomeFundMe, announced on Wednesday the launch of the HomeFundMe Affinity Portal, which is described as a program allowing employers to add the funding portal to their benefits packages to assist… Read More

January 9, 2018 @ 4:34 pm By JD Alois  |  

  LendingClub (NYSE: LC), the largest marketplace lending platform in the US, has issued a public warning regarding a solicitation by IEG holdings apparently making a tender for LendingClub stock. The LendingClub Board of Directors received a letter from IEG Holdings on January 2nd. This is… Read More

January 9, 2018 @ 4:04 pm By Samantha Hurst  |  

Following China’s decision to restrict micro-loans, Alibaba’s Ant Financial has reportedly halted its consume loan lending. According to Bloomberg, the company has not sold any asset-backed securities since early December, which was around the time that Chinese officials announced they were requiring micro-lenders to consolidate… Read More