Investment Platforms and Marketplaces

October 24, 2017 @ 8:44 am By Samantha Hurst  |  

Real estate crowdfunding platform Groundfloor announced on Tuesday the launch of its new Loan Origination Network for mortgage brokers and third-party originators who are interested in tapping additional real estate loan opportunities. The funding portal revealed that it has opened its real estate financing platform… Read More

October 24, 2017 @ 7:52 am By JD Alois  |  

Investment crowdfunding platform FundedByMe has announced a new self-crowdfunding round to pave the way for further global expansion. FundedByMe, based in Sweden, currently is represented in 6 different countries. Launched in 2012, FundedByMe says it is preparing for an Initial Public Offering in 2018 with… Read More

October 23, 2017 @ 4:20 pm By JD Alois  |  

A law suite between investors and LendingClub (NYSE:LC) received the green light to proceed as a class action from US District Judge William Alsup in California last week. The case stems from investors who purchased shares in the online lender only to see the value… Read More

October 23, 2017 @ 1:46 pm By Samantha Hurst  |  

Last week, crowdfunding platform Patreon updated its Community Guidelines, which included that creators would flag themselves as adult content for mature-themed projects. The portal revealed: “We ask creators to flag themselves as Adult Content if they create any content that has mature themes such as sexuality or… Read More

October 23, 2017 @ 12:06 pm By Samantha Hurst  |  

Marketplace lending platform PeerStreet announced on Monday the launch of its new affiliate blogger program. According to PeerStreet, the newly launched program will allow the lender to partner with the personal finance community to better serve both current and future investors. While sharing more details about… Read More

October 23, 2017 @ 12:04 pm By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA) has published their quarterly numbers on sector growth for the third quarter of 2017. Covering the period between July and September 2017,  the P2PFA says the numbers confirm continued steady growth in levels of new lending and… Read More

October 23, 2017 @ 11:48 am By Samantha Hurst  |  

PayPal announced on Monday it has launched a new payment product that was made specifically for marketplaces, platforms, and crowdfunding portals. According to PayPal, the new program allow it to support buyers in more than 200 markets and sellers in over 120 markets. The company will also… Read More

October 23, 2017 @ 9:05 am By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Friday it has formed a partnership with the Green Tech Challenge, a European program that selects promising green tech innovations/startups and connects them to consultants and investors through four-day programs across the UK. Crowdcube explained its collaboration with Green Tech… Read More

October 22, 2017 @ 7:00 pm By JD Alois  |  

Fundera, an online lending comparison site, has partnered with Oliver Wyman on a report about SME lending. Entitled, “Great Expectations: Improving the loan application process for small business borrowers, the document effectively labels the traditional borrowing process as broken. Their research concludes that banks generally… Read More

October 22, 2017 @ 2:30 am By JD Alois  |  

Fincera Inc. (OTCQB: YUANF), a provider of online financing and e-commerce services for small and medium – sized businesses and individuals in China, has reported financial results for the second quarter ended June 30 , 2017. According to their numbers, loan transaction volume across both… Read More

October 20, 2017 @ 12:55 pm By Samantha Hurst  |  

Earlier this week, Crowdfunder UK announced it has now distributed more than 100,000 through its Changemaker Fund, in collaboration with Santander. The fund was launched last fall and is dedicated to social enterprises and community projects across the UK. As previously reported, fund is open… Read More

October 20, 2017 @ 12:26 pm By Samantha Hurst  |  

Online student lending platform, Climb Credit, announced this week it has entered into agreements with investors to purchase $130 million of student loans originated on its website. According to the lender, this new transaction will enable it to continue expanding its student loan programs beyond its current network… Read More

October 20, 2017 @ 11:33 am By Samantha Hurst  |  

Peer-to-peer lending platform ThinCats announced on Friday it has appointed Ravi Bagri as its new Origination Manager, who will cover the Midlands region. According to the online lender, Bagri is considered one of the most well-established names in the Midlands finance sector and has nearly 30… Read More

October 20, 2017 @ 11:02 am By JD Alois  |  

CoinList, the Initial Coin Offering (ICO) platform behind the incredible success of the Filecoin ICO, has announced a new leadership team as the company revamps as an independent platform designed to dominate the ICO market. CoinList, a partnership between AngelList  and Protocol labs, launched their… Read More

October 20, 2017 @ 10:08 am By Samantha Hurst  |  

Following the announced it was granted full authorization from the Financial Conduct Authority (FCA), online lending platform RateSetter announced more details about its upcoming Innovation Finance ISA (IFISA). As previously reported, RateSetter, which was launched in 2010, stated it is opening access for everyday investors to… Read More

October 20, 2017 @ 9:56 am By Samantha Hurst  |  

Fintech firm Growth Capital Ventures (GCV) announced on Friday it has formed a partnership with Crowdcube to offer a new fundraising model for high-growth businesses. According to the company, this new collaboration with the equity crowdfunding platform will allow it to combine its own expertise,… Read More

October 19, 2017 @ 4:00 pm By Samantha Hurst  |  

Equity crowdfunding platform Crowdcube announced on Thursday it has formed a partnership with software developer, DVELP. According to Crowdcube, DVELP operates as a remote-first company that together create electric software with best-in-class developers and has built up a list of impressive clients, including trailblazer Tribe which… Read More

October 19, 2017 @ 1:11 pm By Samantha Hurst  |  

Online lender OppLoans announced on Thursday it has appointed Andy Pruitt to the role of CTO. Pruitt is a renowned technologist and company founder. Pruitt is a hands-on technologist who has helped start and grow three Chicago-area software companies. He is founder of Data Anywhere, a data management company. The lending platform… Read More

October 19, 2017 @ 12:06 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Thursday it has joined the Innovative Lending Platform Association (ILPA). The lender revealed that through its ILPA membership, it will work other members of the association to advance online small business lending education, advocacy, and best practices. ILPA describes itself… Read More

October 19, 2017 @ 12:01 pm By Erin Hobey  |  

Fifteen filmmakers advanced today to the finals of Seed&Spark’s Hometown Heroes Crowdfunding Rally, moving on to pitch their local feature film to Mark and Jay Duplass, who will executive produce up to five of the movies as well as provide up to $25,000 in no-interest… Read More