Investment Platforms and Marketplaces

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

Yesterday, the inaugural Initial Coin Offering (ICO) hosted on CoinList, Filecoin, closed at over $200 million raised. Crowdfund Insider reported at the end of August that two Form D’s were filed with the SEC indicating Filecoin probably closed at around $210 million. While the ICO… Read More

September 8, 2017 @ 10:45 am By JD Alois  |  

Robo.cash, an automated peer to peer lending platform that includes a buyback guarantee, is reporting steady growth during the period from March 1st to August 31, 2017. The young lender says the total amount of investments now exceed €1.8 million. Approximately €400,000 in loans were… Read More

September 8, 2017 @ 8:45 am By Samantha Hurst  |  

India-based online lending platform EarlySalary has reportedly received Rs 5 Crore debt financing investment from IFMR Capital. Founded in 2015 by Ashish Goyal and Akshay Mehrotra, EarlySalary stated that it is building its mobile first platform, smart risk scoring system, and will soon introduce a fast/easy… Read More

September 8, 2017 @ 8:20 am By Samantha Hurst  |  

With Hurricane Irma’s devastation heading towards the U.S. southeastern mainland, global crowdfunding platform GoFundMe announced it is taking measures to ensuring that its giving community’s generosity is protected as campaigns dedicated to the relief are starting to launch. The funding portal revealed on Thursday: “Our Trust & Safety… Read More

September 8, 2017 @ 7:46 am By Samantha Hurst  |  

Peer-to-peer lending platform Fellow Finance announced on Thursday it has officially made its debut in Germany, with the help from Wirecard Bank. According to the online lender, Wirecard Bank is supporting its entry into the country by placing the bank’s German full banking license at… Read More

September 8, 2017 @ 12:01 am By Erin Hobey  |  

Tifosy, a sports crowdfunding platform co-founded by former Italian footballer and manager GianLuca Vialli and CEO Fausto Zanetton, a former investment banker/ sports, media and tech specialist from Goldman Sachs and Morgan Stanley, aims to spearhead “a sports finance revolution” by allowing supporters to invest… Read More

September 7, 2017 @ 1:11 pm By Erin Hobey  |  

Farmaconfianza.com recently synced with Crowdcube Spain for its equity crowdfunding campaign and just surpassed its 350,000€ goal with the help of over 100 investors for the 13.12% equity offered. Founded in 2013, Farmaconfianza.com initially sold parapharmacy items online in response to a crisis situation. Since then, Farmaconfianza has… Read More

September 7, 2017 @ 11:28 am By Samantha Hurst  |  

On Thursday, Homegrown, launched its residential property investment platform focusing solely on the construction of new homes. The FCA-authorized platform will now provide retail investors with access quality residential development projects alongside institutional investors and is targeting average net returns of 15% per annum. The minimum… Read More

September 7, 2017 @ 11:13 am By Samantha Hurst  |  

LexShares, a fintech platform that enables individuals and institutions to invest in litigation, announced on Thursday it has launched the LexShares Marketplace Fund I (LMFI). LMFI is LexShares’ first marketplace fund, which enables investors to gain exposure to multiple litigation finance assets through one investment… Read More

September 7, 2017 @ 9:03 am By Samantha Hurst  |  

On Thursday, Ireland-based peer-to-peer lending platform Linked Finance announced it has funded its one one thousandth loan. The platform was launched in 2013 and is seeking to lend more than £350 million to SMEs by the end of 2019.  This news comes less than two months… Read More

September 7, 2017 @ 8:29 am By JD Alois  |  

RealtyMogul.com, a leading online marketplace for commercial real estate investing, has launched the company’s second real estate investment trust or “REIT,” labeled MogulREIT II. The newest REIT was revealed in an SEC filing earlier this year. The first MogulREIT was launched in August of 2016…. Read More

September 6, 2017 @ 4:52 pm By JD Alois  |  

StartEngine, one of the most active investment crowdfunding platforms in the US, has filed with the Securities and Exchange Commission to raise up to $5 million in common equity at $5 per share. The securities offer has been filed using the Reg A+ exemption and… Read More

September 6, 2017 @ 9:33 am By JD Alois  |  

Latvia based Mintos has reached a new milestone having now topped  €300 million in online loans since platform launch two years ago. Mintos reports that more than €200 million has been invested in 2017 alone, making Mintos a market leader in continental Europe claiming a… Read More

September 6, 2017 @ 9:00 am By JD Alois  |  

Upgrade, Inc., the new consumer online lender launched by LendingClub founder Renaud Laplanche, has announced the appointment of John Dye as General Counsel. Dye migrates over to the Fintech firm from Western Union where he was Executive Vice President, General Counsel and Secretary of the… Read More

September 5, 2017 @ 2:56 pm By Samantha Hurst  |  

Online lender RateSetter has appointed Dave Bibby as its new Regional Property Manager. According to P2P Finance News, Bibby will be responsible for developing RateSetter’s property finance business across the North of England. He has over 30 years of experience in the banking sector and has… Read More

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

On Monday, Arrow Electronics (NYSE: ARW) announced the expansion of its Arrow Open Lab in Hong Kong and its new technology lab with partner and crowdfunding platform Indiegogo.  According to Arrow, Hong Kong-based tech startups will have access to invaluable design-for-manufacturing support and go-to-market resources from Arrow and Indiegogo… Read More

September 5, 2017 @ 12:01 pm By Erin Hobey  |  

Service Octopus, a UK’s price comparison and online booking platform for professional cleaning services, recently launched an equity crowdfunding round on Crowdcube to fast track its growth, sales and marketing plans. The Service Octopus team has set its initial crowdfunding goal at £125,000 in exchange for… Read More

September 5, 2017 @ 11:18 am By JD Alois  |  

Peer to peer lender Amartha has formed a partnership with the largest state-owned micro credit guarantee company in Indonesia, Perum Jamkrindo. This follows a similar partnership with Bank Mandiri. Amartha is an online lender designed to connect Micro Businesses and SMEs that seek affordable working… Read More

September 5, 2017 @ 10:30 am By Samantha Hurst  |  

Private equity fund manager Senturia Capital has reportedly announced a partnership with peer-to-peer financing platform Funding Societies to expand alternative financing access and capital solutions for Malaysian businesses. According to The Star, Senturia Capital managing director, Datuk Marco Yap, revealed that the partnership with Funding… Read More

September 5, 2017 @ 9:26 am By Samantha Hurst  |  

UK-based online lender Zopa announced on Friday updates on improving loan sale times progress, rebate period and ISA transfer-in. Senior Developer at Zopa, Joe Hutchinson, explained that he and his team are working non-stop to improve on the loan sales times. He explained: “We saw major… Read More