Investment Platforms and Marketplaces

April 19, 2017 @ 12:36 pm By Samantha Hurst  |  

Music virtual reality platform Endless Riff announced on Wednesday  PledgeMusic founder, Benji Roger, along with former AOL and RCA exec Mike Rich, have joined its advisory platform. Founded in 2014, Endless Riff describes itself as a networked virtual reality platform where music fans can escape… Read More

April 19, 2017 @ 10:37 am By Samantha Hurst  |  

On Tuesday, Pi Capital announced it was named financial advisor and placement agent to Money360 for its $250 million South Korean financing vehicle, which designed to allow the online lender to employ funding as it provides commercial real estate loans to its U.S. client base. Steve Carlson,… Read More

April 19, 2017 @ 10:10 am By Samantha Hurst  |  

ApplePie Capital announced on Wednesday the acquisition of Funding Solutions, LLC, a national franchise lending consultancy that specializes in SBA, conventional and equipment finance loans, and the appointment of Ronald Feldman, who was named chief development officer. While sharing details about the acquisition and appointment, Denise Thomas,… Read More

April 18, 2017 @ 2:12 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Tuesday its network of accredited investors has collectively funded a $3 million investment for the acquisition of Clarendon Park Apartments, a 138-unit multifamily property located in Phoenix, Arizona. The property is located in midtown, which is between the city’s two largest… Read More

April 18, 2017 @ 11:29 am By Samantha Hurst  |  

Last week, UK-based peer-to-peer lending platform Landbay released the March 2017 Rental Index. This report reveals details about the country’s rental market. The lender stated: “Since March 2016, average rents in the UK have risen by 0.9% to £1,191. In England, rents were up 0.87% to £1,222;… Read More

April 18, 2017 @ 11:00 am By Erin Hobey  |  

P2P crowdlending platform Zank closed its €490,450 Crowdcube Spain funding round, the platform’s second succesful raise with Crowdcube Spain and its third successful round in the company’s history.  201 private investors acquired the 9.89% equity stake in the Barcelona-based startup, including ESADE BAN and the ESADE… Read More

April 18, 2017 @ 10:52 am By JD Alois  |  

During a “period of recalibration” for Goldman Sachs (NYSE: GS), the diversified financial firm announced Q1 2017 financial results today. Goldman reported net revenues of $8.03 billion and net earnings of $2.26 billion for the first quarter ended March 31st. Diluted earnings per common share… Read More

April 18, 2017 @ 9:35 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform, Dianrong, announced on Tuesday the following financial leadership changes, effective immediately: Xuxia Kuang, the lender’s CFO, has been named COO. Yawen Cui has joined Dianrong as the new CFO. Kuang and Cui will report to Dianrong founder and CEO Soul Htite…. Read More

April 18, 2017 @ 8:04 am By JD Alois  |  

Latvia based Alfa Finance Group has launched a new peer to peer lending platform named DoFinance.  The company stated it had invested €2 million to get the P2P lender up and running. The online lender is said to be available in all EU and EEA countries…. Read More

April 18, 2017 @ 6:38 am By Erin Hobey  |  

Following the devastating murder of 74-year-old Robert Godwin in Cleveland, Ohio, the city’s police chief Calvin Williams warned those wanting to donate funds to the family through the crowdfunding platform GoFundMe to be careful when it comes to scams.  The platform reached out to confirm which… Read More

April 17, 2017 @ 3:55 pm By JD Alois  |  

Are you looking at purchasing a home? Do you not quite have enough cash on hand to purchase the home you really want? If this is the case, there may be a solution to your challenge as Unison may be willing to provide a portion… Read More

April 17, 2017 @ 1:47 pm By Samantha Hurst  |  

On Monday, Kickstarter announced an ongoing collaboration with New Museum, which is located in New York City. The crowdfunding platform stated: “Today, we’re pleased to announce an ongoing collaboration with the New Museum in New York City, showcasing an array of inventive projects that got started… Read More

April 13, 2017 @ 5:44 pm By JD Alois  |  

Lending Club (NYSE:LC), the largest marketplace lending platform in the US, has scheduled its Q1 2017 earnings call for Thursday, May 4, 2017. Earnings will be released that day after market close. Lending Club will host a conference call to discuss the first quarter financial… Read More

April 13, 2017 @ 3:00 pm By Samantha Hurst  |  

With the 2017 Tribeca Film Festival set to kick off next week in New York City, crowdfunding platform Kickstarter announced the funded film projects that are making their way to this year’s event. According to the funding portal, fourteen Kickstarter-funded films will debut at the… Read More

April 13, 2017 @ 2:52 pm By JD Alois  |  

LendingClub (NYSE:LC) has not only provided a new option to gain access to credit for both consumers and small business but it has helped to create a new asset class by allowing smaller investors an option to invest in small loans. Today a majority of… Read More

April 13, 2017 @ 1:53 pm By Samantha Hurst  |  

Student loan marketplace, College Ave Student Loans, announced on Thursday it secured $30 million during its fourth equity round. Investors of the funding round included new and existing participants, which included Comcast Ventures and Leading Edge Ventures. Speaking about the funding, Joe DePaulo, College Ave… Read More

April 13, 2017 @ 11:15 am By Samantha Hurst  |  

Online lender SoFi recently announced the launch of its new two-step verification feature that will offer users the next level of account protection. The company revealed that two-factor authentication (or 2FA) would provide an additional layer of security to help protect accounts from unauthorized access. While sharing… Read More

April 13, 2017 @ 9:27 am By Samantha Hurst  |  

OFF3R, a UK based aggregator of alternative finance platforms, released its latest installment of the OFF3R Index that revealed more than £40 million was invested in early stage businesses in March 2017 through equity crowdfunding platforms in the UK. The company states this new record-breaking figure smashes… Read More

April 13, 2017 @ 8:35 am By JD Alois  |  

Assetz Capital, a UK-based peer-to-peer finance platforms, has raised the interest rate on its 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.  The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk. The… Read More

April 13, 2017 @ 8:07 am By JD Alois  |  

  Riga-based 4finance Holding S.A., a large online and mobile consumer lending group, has placed and priced $325 million of senior unsecured 5 year fixed rate notes. These notes mature in 2022 and were issued with a 10.75% yield, at par. 4finance reports that net… Read More