Investment Platforms and Marketplaces

November 11, 2017 @ 12:10 pm By Samantha Hurst  |  

On Friday, SoFi announced it has completed a $727 million issuance of SoFi Consumer Loan Program 2017-6 (“SCLP 2017-6”) notes, making it the largest offering of securities backed by consumer loans and is SoFi’s 11th ABS transaction this year, bringing the lender’s total issuance for… Read More

November 11, 2017 @ 11:56 am By Samantha Hurst  |  

On Friday, Republic announced it was launching compliant blockchain investments on its crowdfunding platform to the general public. The funding portal explained that Republic Crypto‘s first product, Republic Genesis, is set to make it possible for credible teams to get the funds and guidance they need to… Read More

November 11, 2017 @ 11:33 am By JD Alois  |  

FundedByMe announced another self-crowdfunding round last month to fuel platform growth in advance of a possible listing on an exchange. The crowdfunding platform is seeking  SEK 5 to 20 million (approximately €500,000 to €1.1 million) and launched live yesterday.  It appears that FundedByMe will have to raise… Read More

November 10, 2017 @ 9:36 pm By Samantha Hurst  |  

Aussie equity crowdfunding platform Sharequity has reportedly been backed by Jack Quigley, a founding director FinTech Australia, and CrowdfundUP founder.  Founded by former GMP Asia Pacific Securities Chief Operating Officer, Geoff Reilly, Sharequity is an Australian equity crowdfunding platform that provides easy access to a… Read More

November 10, 2017 @ 10:05 am By JD Alois  |  

Chinese online lender PPDAI traded on the NYSE under ticker PPDF today after pricing shares at $13 each for their initial public offering. The IPO raised $221 million for the peer to peer lending platform with Credit Suisse and Citi acting as lead managers.  PPDAI… Read More

November 10, 2017 @ 8:24 am By Samantha Hurst  |  

Sancus Finance, the specialist alternative finance firm, announced on Thursday it has appointed Victoria Osgood as its new Client Manager. According to the company, Osgood will be responsible for managing a growing portfolio of clients and their range of funding solutions to ensure the smooth… Read More

November 10, 2017 @ 5:00 am By Erin Hobey  |  

UK online investment platform SyndicateRoom has published The Due Diligence Guide for Investors, a document which aims to empower investors to make more informed choices when putting together their portfolio of early-stage investments. The guide, which has been created in collaboration with long-standing equity crowdfunding commentator Rob Murray… Read More

November 9, 2017 @ 12:40 pm By Samantha Hurst  |  

Just days after the tragic shooting at the Sutherland Springs’ First Baptist Church, more than 16,000 supporters of the victims have flocked to GoFundMe and has raised over $1 million in funding through more than a dozen crowdfunding campaigns. On Sunday, alleged gunman, 26-year-old Devin Kelley,… Read More

November 9, 2017 @ 11:14 am By Samantha Hurst  |  

On Thursday, crowdfunding platform YouCaring announced the release of its first State of Compassion report, which analyzes geographic and demographic trends in U.S. crowdfunding. The funding portal revealed that the report is based on the rigorous analysis of aggregated and anonymized data from nearly 350,000 of… Read More

November 9, 2017 @ 8:26 am By JD Alois  |  

OurCrowd, one of the largest equity crowdfunding platforms in the world, has invested in Nexa3D maker of ultra-fast Stereolithography professional-grade 3D printers.  OurCrowd was joined in the investment by XYZprinting bringing total investment to $10 million. As part of the investment, XYZprinting has agreed to manufacture… Read More

November 8, 2017 @ 9:09 pm By JD Alois  |  

Square, the massive payments platform that is slowly moving into online lending, filed a for a patent back in March of 2015 that was granted just a few weeks back (September 2017). The Patent is described as follows: “A system and method for calculating crowdfunding… Read More

November 8, 2017 @ 1:52 pm By Samantha Hurst  |  

On Wednesday, ICO Investor.tv was launched to help enthusiasts and investors to explore the Initial Coin Offering (ICO) industry. The platform, which was developed by NextGen Crowdfunding founder, Aubrey Chernick, is claimed to be the first online video platform dedicated to ICOs and will feature… Read More

November 8, 2017 @ 10:49 am By Therese Torris  |  

On 8 November 2017, the French Crowdfunding Association Financement Participatif France released the common set of performance indicators that member platforms specializing in loans, mini-bonds (a debt instrument specific to SME lending marketplaces) and bonds are invited to publish. Wishing to go beyond the legally… Read More

November 8, 2017 @ 10:02 am By Samantha Hurst  |  

Fundraising platform for nonprofit organizations, RallyUp, announced on Wednesday the launch of a crowdfunding option for nonprofits. While sharing details about the update, Founder and CEO of RallyUp, Steve Bernat, stated: “We released a free crowdfunding option for a couple of reasons. The crowdfunding market has become… Read More

November 8, 2017 @ 9:23 am By Samantha Hurst  |  

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Tuesday it has appointed former Vice President of Global Financial Services for Tesla, Bill Donnelly, as its new (and first) Chief Financial Officer. According to… Read More

November 7, 2017 @ 4:28 pm By Erin Hobey  |  

CrowdStreet, a Portland-based commercial real estate investment platform for investor acquisition and relationship management, is making its commercial real estate investment marketplace for sponsors and investors a reality. A pioneer in this space, CrowdStreet aims to put the power in the hands of consumers, providing… Read More

November 7, 2017 @ 4:20 pm By JD Alois  |  

LendingClub (NYSE:LC), the largest marketplace lending platform in the United States, has published Q3 2017 financial results. The company delivered the best revenue in LendingClub’s history generating $154 million in top line revenue, an increase of 34% versus year prior and 10% over Q2 2017…. Read More

November 7, 2017 @ 3:51 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Tuesday it has launched its Refi and Relax campaign, which the lender explained is on a mission to educate graduates on their refinancing options as a way to relieve the overwhelming stress that comes with carrying student debt. The… Read More

November 7, 2017 @ 3:28 pm By Erin Hobey  |  

Seed&Spark CEO & Founder Emily Best and Mark Duplass (Room 104, The One I Love, Creep) and announced that Duplass Brothers Productions will be executive producing two locally based features as the winners of the Hometown Heroes Crowdfunding Rally: The MisEducation of Bindu (Indianapolis, IN)… Read More

November 7, 2017 @ 2:55 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced it has appointed Sarah Hromack as its first-ever Chief Culture Officer, and Jamie Wilkinson as its first-ever Chief Product Officer. The reward-based crowdfunding giant revealed that Hromack joined its team six weeks ago while Wilkinson joined two weeks ago. The platform also… Read More