Investment Platforms and Marketplaces

September 18, 2017 @ 1:11 pm By Samantha Hurst  |  

On Monday, crowdfunding platform for video games Fig announced it has made a two title publishing deal with Atari, one of the world’s most recognized publishers and developers of interactive entertainment. While sharing details about the new partnership Fred Chesnais, CEO of Atari, stated: “Fig is providing… Read More

September 18, 2017 @ 12:10 pm By JD Alois  |  

SyndicateRoom is one of the “big three” investment crowdfunding platforms in the United Kingdom. While it may not be the largest in terms of deal volumes, it has led the way for pairing professional investors alongside retail types for listed offers. This is important. Not… Read More

September 18, 2017 @ 10:07 am By Samantha Hurst  |  

Less than a month after Funding Circle announced the new versions of its existing Autobid and Autosell lending tools, the online lender revealed the new changes have officially gone into effect. It was revealed in a blog post on Monday: “Last month we announced plans… Read More

September 18, 2017 @ 8:11 am By JD Alois  |  

Property Moose, a property focused crowdfunding platform, has secured £850,000 of equity funding from RCP Holdings, a Guernsey-based Asset Management firm. DFI Financial Services Limited, DBA as Property Moose, has now raised more than £2 million since its inception in 2013. Several years ago, Property… Read More

September 17, 2017 @ 12:28 pm By JD Alois  |  

In a recent post on Bondora, the Estonian peer to peer lender, the company announced that it had surpassed €100 million in loan originations. As Bondora states, the platform has now lent €102 million, paying out €15 million in interest to 28,541 investors. Bondora has also reached cash… Read More

September 17, 2017 @ 9:37 am By Xu Gao  |  

China’s first and biggest bitcoin exchange BTCC is shutting down Early this month, PBOC, China’s central bank, placed a blanket ban on ICOs, which fueled speculation that China was on the way of a broader control and curb towards cryptocurrency market. There hasn’t been any… Read More

September 16, 2017 @ 11:24 am By Samantha Hurst  |  

Cloud Lending Solutions, a cloud-based lending platform, announced earlier this week it has formed a partnership with Fujitsu Limited, an information and communication technology (ICT) company, to bring cloud-based lending to its business practice, starting with Japan. Cloud Lending reports that the partnership presents a tremendous… Read More

September 16, 2017 @ 10:46 am By JD Alois  |  

Ezubao executives are looking at doing some hard time following the conclusion of proceedings at Beijing No. 1 Intermediate Peoples Court. Ezubao maintains the ignominious record of the largest peer to peer lending fraud ever. The Ponzi scheme has been estimated at pilfering over $7.7… Read More

September 16, 2017 @ 9:33 am By JD Alois  |  

DiversyFund, a real estate crowdfunding marketplace, is selling pre-IPO shares in a Series A crowdfunding round through a Reg D 506(c) offering. DiversyFund stated; “We are excited to become a customer-owned company, and our goal is to pursue an IPO in the next 2-4 years…. Read More

September 15, 2017 @ 12:39 pm By Samantha Hurst  |  

On Friday, NextGen Crowdfunding announced its new personalized dashboard. The new extensive feature tracks equity investment opportunities from more than 20 crowdfunding platforms. The dashboard also enables potential investors to: Discover investment opportunities: Search by industry, view recent campaigns or filter by campaigns that are close to… Read More

September 15, 2017 @ 12:18 pm By Samantha Hurst  |  

RealtyShares announced on Thursday it raised $28 million during its Series C funding round, which included participation from Cross Creek Advisors, Danhua Capital, Barry Sternlicht (Founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and… Read More

September 15, 2017 @ 11:57 am By JD Alois  |  

Sharestates, an online real estate crowdfunding marketplace, has announced that Nicole Joseph has joined the executive team as the new Chief Operating Officer. Joseph will partner with the company’s CEO, Allen Shayanfekr, to run operations and compliance while broadening infrastructure to support the firm’s continuous… Read More

September 15, 2017 @ 10:04 am By JD Alois  |  

Peer to peer lender Assetz Capital is reporting it has seen a year-on-year increase of 175% in the number of property development projects funded around the UK. The online lender says this rise comes following sustained growth in the funding pool for property developments, as investors… Read More

September 15, 2017 @ 8:38 am By JD Alois  |  

SoFi CEO Mike Cagney has resigned as CEO, effective immediately. Recently, Cagney had announced he had resigned as Board Chair and would vacate the position of CEO at the end of the year. Allegations in an NYT.com article hammered both SoFi operations and Cagney’s behavior… Read More

September 15, 2017 @ 2:26 am By Therese Torris  |  

Pan-European marketplace Raisin continues its trailblazing expansion. Having penetrated new geographies with international and localized services in 2016, the Berlin-headquartered startup is now broadening its offering to address a new customer segment: small and medium-sized enterprises (SMEs). Starting September 14, businesses can open term deposit… Read More

September 15, 2017 @ 2:09 am By JD Alois  |  

Following the peer to peer lenders most successful month in August, the EstateGuru’s loan volume has now exceeded €30 million. EstateGuru is an Estonia-based online marketplace for secured property loans. According to information provided by EstateGuru, in August the platform’s originations was nearly €4 million…. Read More

September 14, 2017 @ 11:36 pm By JD Alois  |  

SoFi has published a public letter addressing the allegations leveled by NYT.com earlier this week. While avoiding the accusations of an environment of rampant sexual harassment, the letter tackles the operational questions the report said existed at the online lender. The NYT report was not… Read More

September 14, 2017 @ 9:44 pm By Samantha Hurst  |  

In an effort to help those who were in the path of Hurricane Irma’s devastating destruction last week, retired NBA player Tim Duncan has launched a crowdfunding campaign on YouCaring to raise $5 million. Speaking about the cause, Duncan stated: “I know not everyone can give,… Read More

September 14, 2017 @ 9:27 pm By Samantha Hurst  |  

AI platform for data science and machine learning CrowdFlower announced on Thursday the first round winners of the “AI For Everyone” Challenge. The winning proposal, which receives $1 million, are computer vision projects that will label millions of images to build the largest collection of… Read More

September 14, 2017 @ 5:29 pm By JD Alois  |  

This week the Australian Parliament introduced new legislation that will extend crowdfunding or “crowdsourced equity funding” (as the Aussies call it) to private companies. This is an important fix that will create a far more robust and equitable crowdfunding ecosystem in Australia. Earlier this year,… Read More