Investment Platforms and Marketplaces

December 5, 2017 @ 12:07 pm By Samantha Hurst  |  

PeerStreet, a marketplace for investing in real estate backed loans, is honored to announce that its Co-Founder and CEO, Brew Johnson, has been named to HousingWire’s 2017 list of Vanguard Award winners. HousingWire’s 2017 Vanguard Award reportedly recognizes top leaders from all areas of the mortgage… Read More

December 4, 2017 @ 3:00 pm By Samantha Hurst  |  

LendingTree recently announced it has entered into an amended and restated $250 million five-year senior secured revolving credit facility that will replace its previous $125 million credit agreement. According to the online lender, the amended and restated revolving credit facility provides increased borrowing capacity and improved pricing, along with greater strategic and operational… Read More

December 4, 2017 @ 10:59 am By Samantha Hurst  |  

On Friday, online lending platform ThinCats announced it was delaying the launch of its Innovative Finance ISA (IFISA). The lender originally set out to launch the IFISA shortly before the end of 2017, but has pushed the launch to after the new year begins. According… Read More

December 4, 2017 @ 9:29 am By Samantha Hurst  |  

On Monday, crowdfunding platform CrowdRise announced it has formed a partnership with celebrity video chat platform Greenroom to launch a new football charitable initiative, My Cause My Cleats. According to the duo, NFL fans who donate on CrowdRise to Philadelphia Eagles’ Carson Wentz’s AO1 Foundation have a… Read More

December 4, 2017 @ 9:06 am By Samantha Hurst  |  

On Monday, mortgage marketplace lender LendingHome announced it has originated more than $2 billion in mortgage loans for homeowners and real estate investors. The online lender revealed that the first billion of originations occurred over the course of 30 months, while it took just 12 months for the… Read More

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