Investment Platforms and Marketplaces

August 17, 2017 @ 10:33 am By Samantha Hurst  |  

Crowdcube announced on Thursday it has formed a partnership with London’s brand new Sport Tech Hub, a hub that creates a platform for both startups and entrepreneurs within the sports tech space. The equity crowdfunding platform stated it offers Sport Tech Hub member teams the… Read More

August 17, 2017 @ 9:14 am By Samantha Hurst  |  

On Thursday, online lender Funding Circle announced it has formed a strategic partnership with Dutch financial services group, Aegon, to support the growth of UK small businesses. According to Funding Circle, Aegon is set to invest in loans to UK small businesses through its lending… Read More

August 17, 2017 @ 8:21 am By Samantha Hurst  |  

On Wednesday, ApplePie Capital and Fifth Third Bank revealed new details about their strategic partnership. The companies shared that this agreement enables Fifth Third to purchase loans that are originated through ApplePie’s franchise loan marketplace and will also join ApplePie’s SBA lender network, along with… Read More

August 17, 2017 @ 2:30 am By Therese Torris  |  

Headquartered in Germany, Pan-European savings marketplace Raisin reports that in less than 4 years its customers have invested more than €4 billion in the platform’s savings products. As a result, Raisin is the leading marketplace for investments in Europe and one of the fastest growing… Read More

August 16, 2017 @ 10:32 am By JD Alois  |  

Last month, the European Commission, Financial Stability, Financial Services and Capital Markets division, launched a consultation on non-performing loans being held by banks. The Commission is seeking feedback on the development of secondary markets for distressed debt. Policymakers view this as essential in tackling the… Read More

August 16, 2017 @ 9:54 am By Samantha Hurst  |  

On Wednesday, BJ’s Wholesale Club announced it funded all classroom projects listed by teachers in Maine through crowdfunding platform DonorsChoose.The $100,000 donation was from BJ’s Charitable Foundation and it fulfilled 165 classroom projects, benefiting 7,758 students in schools across the entire state. BJ’s stated that its donation supports a variety of projects across the entire… Read More

August 16, 2017 @ 9:36 am By Samantha Hurst  |  

LendInvest announced on Tuesday it has appointed Andy Virgo as its first Business Development Manager (BDM) for the South of England. Virgo notably brings thirty years of experience in both mortgage sales and broking to the position and will be responsible for sourcing deals across the… Read More

August 15, 2017 @ 5:15 pm By JD Alois  |  

SeedInvest has partnered once again with Jason Calacanis and his forthcoming LAUNCH Scale event to provide live crowdfunding. This is the second time SeedInvest has powered live crowdfunding for Calacanis.  In the spring of this year, SeedInvest partnered on LAUNCH Festival and helped to raise… Read More

August 15, 2017 @ 3:06 pm By JD Alois  |  

iFunding, a real estate crowdfunding platform, is insolvent according to several sources. In recent days, information has cropped up that investors have been left holding the remains of the company that included properties with an estimated value of $20 million. One individual estimated the number… Read More

August 15, 2017 @ 2:57 pm By Samantha Hurst  |  

On Tuesday, famous traveling basketball organization the Harlem Globetrotters announced it has teamed up with crowdfunding platform CrowdRise for a new American Red Cross initiative. According to the team, this new initiative will offer fans a chance to win a trip for four to Hawaii… Read More

August 15, 2017 @ 11:31 am By Ryan Feit  |  

Some equity crowdfunding platforms are putting startups at serious risk.  Working with a platform that doesn’t structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of equity crowdfunding is a… Read More

August 15, 2017 @ 10:35 am By JD Alois  |  

Judd Hollas, former CEO of EquityNet and co-founder of the platform, has joined NewChip, a startup in the investment crowdfunding space. Hollas resigned from EquityNet, an investment listing platform, in August of 2015. Hollas was replaced by investor James Murphy who remains the CEO of the… Read More

August 15, 2017 @ 8:57 am By JD Alois  |  

Singapore based Funding Societies has become the first peer-to-peer lending platform to become a member of the International Association of Credit Portfolio Managers (IACPM), a prestigious forum for credit risk management. Funding Societies also reported that risk expert Terry Tse has joined the online lender’s… Read More

August 15, 2017 @ 8:43 am By Samantha Hurst  |  

DiversyFund, Inc., an online real estate investment platform, announced on Tuesday its “no fee” real estate debt fund to investors. The lender stated that with the Fund, investors gain the ability to invest in a diversified portfolio of real estate debt investments that target risk-adjusted returns and… Read More

August 15, 2017 @ 8:19 am By Samantha Hurst  |  

LendingTree announced on Monday the five finalists for its new Startup Innovation Spotlight initiative, which was to show off the top startup companies in fintech. The online lender teamed up with LeadsCorp for the contest. As previously reported, the LendingTree Startup Innovation Spotlight will recognize the most innovative… Read More

August 15, 2017 @ 8:07 am By JD Alois  |  

Peer to peer lender ThinCats has facilitated a £2.4 million loan for the Academy of Contemporary Music (ACM) as part of a growth initiative by the Academy. Founded in 1997 to provide higher education courses for students in the contemporary music and arts arena, ACM… Read More

August 14, 2017 @ 4:55 pm By JD Alois  |  

The chatter on Bigger Pockets regarding iFunding has taken a new twist. In a series of public posts investors are referencing a possible bankruptcy for the real estate crowdfunding platform. According to the posts, a company named Jazco has offered to take over the remaining deals… Read More

August 14, 2017 @ 1:49 pm By JD Alois  |  

Prosper Marketplace, a leading marketplace lending platform, has reported improved numbers for the second quarter.  Prosper has shared that it generated positive operating cash flow for the quarter and originations rocketed up 74% year over year. Prosper said they experienced strong demand for its personal… Read More

August 14, 2017 @ 11:14 am By JD Alois  |  

Back in May, Crowdfund Insider reported that Earnest, an online lender providing personal loans, was up for sale. Referencing a report in Bloomberg, the rumor was quickly squashed by Earnest representatives who told this publication they were absolutely not for sale. Additionally, a reported securitization… Read More

August 13, 2017 @ 5:26 pm By JD Alois  |  

RealtyMogul was one of the first investment platforms to enter the real estate crowdfunding space. Starting as an Accredited Investor service that paired debt and equity real estate deals to a broad base group of investors, RealtyMogul has since empowered non-accredited investors to to participate… Read More