Investment Platforms and Marketplaces

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

November 7, 2017 @ 1:57 pm By Erin Hobey  |  

Online investment platform SyndicateRoom announced that UK film and entertainment company, Fashion On Screen (FOS), will be raising £1.5 million via its platform.  FOS, a film production company which aims to produce prestigious, inspiring, commercial films for a global market, is raising funds for its first… Read More

November 7, 2017 @ 1:53 pm By Samantha Hurst  |  

On Monday, Crowdfunder UK  announced it has teamed up with Propel by Deloitte and Voom to give away a share of £5,000 to five different business ideas that are currently exporting or looking to export in the future. According to the reward-based crowdfunding platform, this new… Read More

November 7, 2017 @ 9:59 am By Samantha Hurst  |  

Real estate crowdfunding platform CrowdStreet announced on Tuesday it has enhanced its leadership team with the addition of two senior-level executive hires and has formed its new advisory board. The funding portal revealed Molly Moore, was appointed as its new Chief Marketing Officer while Rohit Colaco… Read More

November 7, 2017 @ 8:15 am By JD Alois  |  

Brauhaus am Turm GmbH, a wholly owned subsidiary of the Japanese noodle restaurant MoschMosch, is now collecting up to €500,000 euros through a crowdfunding website operated by CrowdDesk for the opening of a brewery at the newly-built Henninger Turm in Frankfurt am Main. “The Brauhaus… Read More

November 6, 2017 @ 3:50 pm By Samantha Hurst  |  

Funderbeam, a Blockchain-powered platform for cross-border startup funding with an extensive information database, a primary market for fundraising and a secondary market for equity and debt trading, recently announced that early-stage startups have raised €5 million through investors from close to 100 countries through its blockchain-powered platform…. Read More

November 6, 2017 @ 2:55 pm By JD Alois  |  

Fincera (OTCQB:YUANF) , a China based peer to peer online lender targeting small and medium-sized businesses and individuals in China, has announced that its Board of Directors has approved a 2 for 1 stock split of the Fincera’s outstanding shares of common stock in the… Read More

November 6, 2017 @ 2:05 pm By Samantha Hurst  |  

LendKey, a lending-as-a-service solution for banks and credit unions, announced on Monday it has formed a partnership with Allied Solutions to offer its digital lending solutions, including unique and innovative loan participation programs, to Allied’s more than 4,000 clients.   According to LendKey, Allied is… Read More

November 6, 2017 @ 1:34 pm By Samantha Hurst  |  

Commercial real estate lending platform CommLoan announced on Monday it has successfully processed more than $680 million in loans since its launch in 2014. The lender, which is headquartered in Scottsdale, Arizona, revealed it has developed a commercial mortgage lending technology platform called CUPID, which matches borrowers… Read More

November 6, 2017 @ 10:54 am By Samantha Hurst  |  

Nin Ventures announced on Monday it has begun its international expansion by opening its new office in India. It was revealed: “India is one of the most competitive nations in the world, equipped with both skilled and unskilled workforce in areas of science, engineering, technology,… Read More

November 6, 2017 @ 9:05 am By Samantha Hurst  |  

LendInvest announced on Monday that alternative assets platform CoInvestor has been chosen as a preferred method for UK adviser to invest in the crowdfunding platform’s Luxembourg-domiciled Real Estate Opportunity Fund. According to LendInvest, the £130 million lending fund offers investors the opportunity to participate in… Read More

November 5, 2017 @ 9:33 am By JD Alois  |  

OurCrowd portfolio company Argus Cyber Security was acquired by Continental in order to “enhance its capabilities in automotive cyber security.”  OurCrowd is one of the largest investment crowdfunding platforms in the world. Argus claims to be the global leader in automotive cyber security with customers that… Read More

November 3, 2017 @ 5:32 pm By JD Alois  |  

StartEngine, one of the more prominent crowdfunding platforms in the US, launched a self-crowdfunding campaign in mid October. Today, the securities offer has raised over $1.19 million from 789 investors easily topping the minimum $500,000 hurdle. StartEngine is a full stack crowdfunding platform that empowers… Read More

November 3, 2017 @ 2:42 pm By Samantha Hurst  |  

Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance, and zero loan officer commissions, announced on Friday it has appointed Jeff Corbett as its Director of Business Development and adding him to its growing Strategic Partnership team. According… Read More

November 3, 2017 @ 1:26 pm By Samantha Hurst  |  

Crowdfunder UK announced on Friday it has extended its second equity crowdfunding campaign on Crowdcube. The crowdfunding platform launched the funding round last month, seeking £750,000. As previously reported, Crowdfunder UK was founded in 2014 and describes itself as the UK’s number one rewards-based crowdfunding platform. The… Read More

November 3, 2017 @ 12:44 pm By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Friday it has appointed Peter Breitstone as its new CEO. According to the company, Breitstone has over 20 years of senior executive leadership experience at several global insurance companies, including Insureon, Zurich, and Aon…. Read More

November 3, 2017 @ 8:53 am By JD Alois  |  

Hexindai Inc. (NASDAQ: HX) a peer to peer lending platform operating in China, priced and closed its initial public offering (IPO) of 5,000,000 American depositary shares at $10 per ADS raising $50.0 million. Each ADS represents one ordinary share of the Company. The shares commence trading on the… Read More