Investment Platforms and Marketplaces

October 31, 2017 @ 7:27 am By JD Alois  |  

Assetz Capital, a peer to peer lending platform that received full FCA authorization in September, has reported a profit bore the first 6 months of the fiscal year. Without providing specific details, Assetz Capital said they record a “seven figure pre-tax profit, in the period… Read More

October 30, 2017 @ 12:29 pm By JD Alois  |  

Following the blowout Initial Coin Offering (ICO) by Filecoin that raised an incredible $205 million, CoinList has partnered with Blockstack for its forthcoming token sale. CoinList was launched by the team behind AngelList and Protocol Labs. Recently, the funding platform announced a revamping as it… Read More

October 30, 2017 @ 11:09 am By Samantha Hurst  |  

On Friday, online lender Zopa announced it was shutting down its Zopa Access and Zopa Classic on December 1st. The company announced that it was retiring the products earlier this year.   “On 1st December, we’re retiring Zopa Access and Zopa Classic – that’s just over… Read More

October 30, 2017 @ 11:06 am By JD Alois  |  

OurCrowd, a global investment crowdfunding platform, has created an innovation bridge connecting Israel and Australia / New Zealand. The comments come during the 100th anniversary of the liberation of Be’er Sheva by the Australia New Zealand Army Corp (ANZAC), and a visit to Israel by… Read More

October 30, 2017 @ 10:29 am By JD Alois  |  

Enerwhere, the “world’s first” distributed solar utility company, has become the region’s largest equity crowdfunding round. Listed on Eureeca, Enerwhere has already seen almost $700,000 committed. Eureeca is the first multi-regulated global Equity Crowdfunding platform based in MENA. Chris Thomas, Co-Founder and Co-CEO of Eureeca, commented; “The… Read More

October 30, 2017 @ 9:25 am By Samantha Hurst  |  

Marketplace lender SocietyOne announced on Monday it is set to provide positive consumer credit information to credit bureaus as part of the move to establish a fully-fledged comprehensive credit reporting (CCR) regime in the country of Australia. The online lender stated it will start sending… Read More

October 27, 2017 @ 4:12 pm By Samantha Hurst  |  

On Thursday, reward-based crowdfunding platform Crowdfunder UK announced it has welcomed its 700,000th community member. This news comes just after the funding platform’s new equity campaign on Crowdcube surpassed £550,000 in funding. It was revealed: “Last week we welcomed our 700,000’th member to our rapidly growing… Read More

October 27, 2017 @ 3:20 pm By Samantha Hurst  |  

ING announced this week it has started to offer online lending to small and medium enterprises (SMEs) in France and Italy. According to ING, this proposition fits its strategy to grow its lending business to SMEs and creating a differentiating customer experience. The offering has… Read More

October 27, 2017 @ 2:07 pm By Samantha Hurst  |  

LendingClub announced this week it has rebranded asset management business, LC Advisors, to LendingClub Asset Management (LCAM), which is described as a firm that aims to deliver efficient access to the consumer credit asset class for institutional and high-net-worth investors. The online lender stated the rebranding… Read More

October 27, 2017 @ 12:20 pm By Samantha Hurst  |  

AllBright is making plans to a private member’s club exclusively for female founders in London. The club’s debut comes less than a year after AllBright’s crowdfunding platform was launched.  According to WeAreTheCity, AllBright’s new club will be based in a five-story Georgian Townhouse in Bloomsbury. All club… Read More

October 26, 2017 @ 9:46 pm By JD Alois  |  

PieShell, a rewards based crowdfunding platform focused on the food and beverage industry, is raising money on SeedInvest. The securities sale is a side-by-side Reg D / Reg CF offer that will allow both accredited and non accredited investors to participate in the funding round. Running… Read More

October 26, 2017 @ 2:40 pm By JD Alois  |  

SoFi recently topped $25 billion in loan originations, according to a tweet by the Fintech platform.. The company also claims a growing community of just under 400,000 users. The online lender skipped over the standard milestone release and shared the information via social media. The positive… Read More

October 26, 2017 @ 11:20 am By Samantha Hurst  |  

ThinCats, a secured peer to peer lending platform, announced on Thursday it is marking 18 months of working with Edinburgh-based broker, Neil Davidson, by highlighting the importance of understanding the needs of its partners’ clients. According to ThinCats, Davidson, who is Managing Director of Edinburgh-based Alderburn… Read More

October 26, 2017 @ 9:03 am By Samantha Hurst  |  

GoFundMe announced on Thursday the launch of its GoFundMe Studios, which is described as a new video production studio that is dedicated to sharing stories that emerge through the crowdfunding platform. Film executives Wil Tidman and Chris Neil are set to lead GoFundMe Studios and… Read More

October 25, 2017 @ 3:51 pm By Samantha Hurst  |  

Lendified, a Canada-based lender who provides small business loans online has entered into an agreement with ClearFlow Commercial Finance to increase its lending capacity. According to the lending platform, through the agreement, ClearFlow is providing it with a $60 million credit facility to fund loans… Read More

October 25, 2017 @ 3:02 pm By Samantha Hurst  |  

Real estate crowdfunding platform Groundfloor recently announced the launch of its new monthly interest payment investments. The funding portal revealed starting its next loan release users may invest in both deferred and monthly payment loans to further diversify and add monthly income yield to their portfolios. Groundfloor… Read More

October 24, 2017 @ 10:33 pm By JD Alois  |  

Klook, Asia’s largest in-destination services booking platform, has raised nearly $60 million in a Series C funding round.  The financing was led by Sequoia China which also led the Series B Funding. Goldman Sachs and Matrix Partners joined in the round. OurCrowd, a leading global investment… Read More

October 24, 2017 @ 2:40 pm By Samantha Hurst  |  

Peer-to-peer lending platform RateSetter announced on Friday it has formed a partnership with Experian to help businesses both invest and grow. The online lender revealed that the new collaboration with Experian is now providing credit reference data and analytical services, which ensure that RateSetter continues… Read More

October 24, 2017 @ 11:57 am By Samantha Hurst  |  

China Rapid Finance Limited (NYSE: XRF), one of China’s largest consumer lending marketplaces, announced on Tuesday it has appointed Zhou Ji‘an, the Executive Director and General Manager of China United SME Guarantee Corporation (Sino Guarantee), to its board as a non-executive independent director. According to China Rapid Finance, Ji’an brings… Read More

October 24, 2017 @ 10:27 am By Samantha Hurst  |  

First RealFund (FRF), a commercial real estate crowdfunding platform headquartered in New York City, announced its public launch on Tuesday. The online platform reported it will provide qualified, accredited investors with opportunities to co-invest with FRF in professionally vetted offerings backed by leading real estate… Read More