Investment Platforms and Marketplaces

May 8, 2017 @ 7:11 am By JD Alois  |  

OurCrowd, a leading global equity crowdfunding platform, has appointed Andy Kaye as President and Chief Institutional Officer. OurCrowd states that Kaye will work closely with founder and CEO Jon Medved at OurCrowd’s Jerusalem headquarters to build upon the rapid growth of the firm. Medved said… Read More

May 6, 2017 @ 10:24 am By JD Alois  |  

  A couple of weeks back we received a tip from a CI reader informing us that the InGen Dynamics Aido Robot offer had been unceremoniously yanked from equity crowdfunding platform, StartEngine. Not a good sign. StartEngine is perhaps best known for crowdfunding Elio Motors… Read More

May 5, 2017 @ 2:53 pm By Samantha Hurst  |  

On Friday, crowdfunding platform Crowd2Fund announced the launch of its new venture debt product, which is targeted towards early stage businesses that have a short term requirement to access cash to facilitate growth. The funding portal noted that the interest rates for the product’s loans range from… Read More

May 5, 2017 @ 11:14 am By JD Alois  |  

Last we revisited the Glentham Capital saga, reports were being circulated that the Seedrs funded project had reached an agreement with CEO Jeff Lynn. This came following a statement in the Times that Seedrs had threatened to sue founder Nicola Horlick on behalf of the… Read More

May 5, 2017 @ 9:54 am By Erin Hobey  |  

The multi-award winning Morpher Helmet has synced with Seedrs for its crowdfunding campaign for 11.75% equity offered has surpassed the £529,500 mark with the help of more than 285 investors toward its £600,003 target. Invented to make cycling safety easier for everyone, Morpher folds flat and fits into a small bag… Read More

May 5, 2017 @ 9:30 am By Erin Hobey  |  

Hot off the press! UK crowdfunding platform Downing Crowd quickly raised £2.5 million for the redevelopment of a historic pub in Berkshire owned by Oakman Property Ltd. Specific details are not yet available, apart from yesterday’s release. Downing Crowd is part of Downing LLP, an FCA authorized and… Read More

May 5, 2017 @ 9:04 am By JD Alois  |  

Assetz Capital is reporting that a key promotional interest rate increase is having the desired impact. According to the peer to peer lender, £10 million in new investment has been received in just three weeks. The rate increase went live on 13 April giving new… Read More

May 5, 2017 @ 8:47 am By Erin Hobey  |  

Kickstarter alums Jesse Reed and Hamish Smyth have tapped again into again with their third Kickstarter campaign. Their timely reissuing of design firm Chermayeff & Geismar’s 1977 US EPA Graphic Standards System has garnered over $128,900 from more than 1,498 backers with 21 days remaining on the campaign.  The former… Read More

May 5, 2017 @ 7:48 am By JD Alois  |  

Prosper Marketplace, one of the largest online lending platforms in the US, has apparently been overstating annual investment returns on loans due to an error in their systems. Bloomberg reported yesterday that investors were being notified of the error and that the issue has been… Read More

May 5, 2017 @ 3:07 am By JD Alois  |  

Recently, Crowdfund Insider reported that a Vantiv, a credit card processor, had stepped up to the plate to facilitate payments in purchasing crowdfunded securities. Vantiv was the first company to enter the emerging sector of finance. The hesitancy was due to the newness of crowdfunding… Read More

May 4, 2017 @ 8:49 pm By JD Alois  |  

Lending Club (NYSE:LC), the largest marketplace lending platform in the US, released quarterly earnings results today. Originations declined dramatically from the same quarter in 2016. Originations also dipped versus Q4. Obviously the online lender would prefer to report the exact opposite. While the results were… Read More

May 4, 2017 @ 4:37 pm By Samantha Hurst  |  

Following the shooting at a pool party in San Diego that left one person dead and injured six others, GoFundMe announced that several campaigns have been launched on its crowdfunding platform to help those involved in the tragic event. The funding portal revealed on Wednesday… Read More

May 4, 2017 @ 4:23 pm By Jonathan Nieh  |  

Speaking on a panel at the 4th Annual CrowdfundingUSA Conference today, Sarah Hanks, CEO and Founder of CrowdCheck Inc., talked about some of the compliance issues facing Regulation CF issuers. Issuers Are Not Filing Annual Reports One of the biggest issues discussed was the ongoing reporting… Read More

May 4, 2017 @ 4:19 pm By JD Alois  |  

Marketplace lending platform Lending Club (NYSE:LC), announced Q1 2017 results showing a decline in originations versus Q4 and same quarter year prior. Lending Club has now topped $26 billion in loan originations since platform launch ten years ago. Lending Club is the largest personal loan… Read More

May 4, 2017 @ 3:11 pm By Samantha Hurst  |  

SeedInvest, a leading equity crowdfunding platform, announced on Thursday it was hosting its first digital demo day this upcoming Monday from 10 a.m. to 7 p.m. PST. According to SeedInvest, those who attend the event will have the opportunity to hear directly from 16 founders… Read More

May 4, 2017 @ 11:50 am By Samantha Hurst  |  

Real estate marketplace lending platform RealtyShares announced on Thursday Arizona retail investment and brokerage firm, De Rito Partners, secured $800,000 through its platform for a Mesa-base shopping center. According to the funding portal, De Rito Partners acquired the property last year and is looking to capitalize on a… Read More

May 4, 2017 @ 11:29 am By Samantha Hurst  |  

On Wednesday during a livestream event, NextGen Crowdfunding announced the winners of its Crowdfunding Video Awards’ (CVA) first season, which kicked off on January 25th and had six rounds. While sharing details about the reward show, NextGen Crowdfunding revealed: “The CVAs were created by NextGen… Read More

May 4, 2017 @ 9:51 am By Samantha Hurst  |  

Invertex, a provider of scan-to-fit guided shopping for footwear and an OurCrowd First funding company, announced on Thursday the launch of its new FeedID Ecosystem, which is described as a cognitive solution for in-store and online shopping. According to Invertex, FeedID includes the new Launch-Pad,  an… Read More

May 4, 2017 @ 4:41 am By Erin Hobey  |  

Co-founded in 2011 by Helen Boyle and Claire Ollard, The Dip Society offers healthy dips and pâtés in several British retailers and independent shops including Selfridges, Booths and Ocado. Primed for further growth, the all-female executive team has paired with Seedrs to raise £300,000 by way of… Read More

May 3, 2017 @ 11:08 am By Samantha Hurst  |  

On Tuesday, SoFi announced its weeklong Raise Week campaign, which is described as a week of online education, in-person events, and personal career coaching to help its customers get what they’re truly worth in the workforce. While sharing details about the campaign, which will kick… Read More