Investment Platforms and Marketplaces

March 30, 2017 @ 8:55 am By Samantha Hurst  |  

Online fundraising platform MobileCause announced on Thursday it has expanded its executive management team by appointing Tim Kane its new senior vice president of small- and medium-sized businesses (SMB) sales. Kane brings more than twenty years of industry experience. Before joining MobileCause, he was a key… Read More

March 30, 2017 @ 8:39 am By Samantha Hurst  |  

Chinese marketplace lending platform Yirendai (NYSE: YRD) announced on Thursday it has entered into an agreement of intent with the Beijing branch of PICC Property and Casualty Company Limited (PICC P&C). Yirendai reported that under this new agreement, PICC P&C would provide Yirendai with a… Read More

March 29, 2017 @ 12:52 pm By JD Alois  |  

  UK Bond Network (UKBN), the alternative finance provider in secured corporate bonds, has launched its Innovative Finance ISA (IFISA) following regulatory approval. UKBN became fully authorized by the FCA in November 2016 and in January 2017, was awarded ISA manager status by HMRC. UK Bond… Read More

March 29, 2017 @ 12:42 pm By JD Alois  |  

Bond Street, an online lender for small businesses, and NerdWallet, have partnered to provide access to SME loans. As part of the partnership, Bond Street will be featured on NerdWallet’s Small Business Loan Tool, along with other lenders that provide capital to small businesses across the… Read More

March 29, 2017 @ 10:50 am By Samantha Hurst  |  

YouCaring announced on Wednesday it has acquired crowdfunding platform, GiveForward. Since its launch in 2008, GiveForward has notably helped people raise nearly $200 million through its portal for medical expenses. YouCaring reported that the GiveForward acquisition will expand its fundraising and donor reach. For the GiveForward community, YouCaring… Read More

March 29, 2017 @ 9:35 am By JD Alois  |  

Sweden-based investment crowdfunding platform FundedByMe has launched a secondary trading platform in partnership with Skandinaviska Enskilda Banken.  The new platform was announced during a breakfast event at Stockholm’s Stureplan and is designed to provide liquidity for investors in crowdfunded securities. Skandinaviska Enskilda Banken or SEB,… Read More

March 28, 2017 @ 4:48 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Tuesday its network of accredited investors secured $3.5 million in equity capital for the $67.3 million acquisition and renovation of Avesta Biscayne in North Miami, Florida. The funding portal reported that this is the largest equity investment it has raised… Read More

March 28, 2017 @ 2:07 pm By Samantha Hurst  |  

UK-based peer-to-peer-secured lending platforms, Lendy, announced on Tuesday it is integrating its popular investor-facing platform, Saving Stream, under its Lendy brand as part of the platform’s continued growth. According to the company, it is merging Saving Stream, with its borrower-facing brand, Lendy Finance, in order to simplify… Read More

March 28, 2017 @ 11:12 am By Samantha Hurst  |  

On Tuesday, Hasbro, Inc. (NASDAQ: HAS) along with Shark Tank star Daymond  John announced Cloud Control as the grand prize winner of the Fall 2016 Gaming Challenge. As previously reported, the contest offered independent game designers a prominent platform to promote their ideas, while enabling… Read More

March 28, 2017 @ 10:32 am By Samantha Hurst  |  

FundedHere announced on Tuesday it is opening its crowdfunding platform to mass affluent investors in Singapore while planning to expand into Malaysia and Indonesia. According to FundedHere, it will begin offering crowdfunded equity or lending opportunities to private investors other than accredited investors, which are defined as individuals… Read More

March 28, 2017 @ 7:19 am By Samantha Hurst  |  

Peer-to-peer real estate lending marketplace, Relendex, announced on Tuesday it received full authorization from the from the Financial Conduct Authority (FCA). The online lender confirmed that this new milestone would allow it to launch its new Innovative Finance ISA giving retail investors unparalleled tax efficient lending… Read More

March 28, 2017 @ 5:59 am By Erin Hobey  |  

Global Debt Registry (GDR), the asset certainty company known specializing in loan validation, will be utilizing data from credit information provider TransUnion in order to extend the range of GDR’s eValidationSM services for investors and issuing creditors in the online lending industry. By combining GDR’s expertise in real validation of… Read More

March 28, 2017 @ 5:35 am By Erin Hobey  |  

LendInvest, a leading UK online property finance lender, is launching the LendInvest Property Development Academy in four more key cities around the country following overwhelming demand for its London & Southeast courses. “There are no quick fixes to our national housing crisis, but by equipping… Read More

March 27, 2017 @ 3:02 pm By Samantha Hurst  |  

CreditEase Wealth Management announces on Monday its Offshore Private Credit Fund (OPCF) has invested a total of $30 million in two transactions with OnDeck and LendingHome. This announcement comes just one year after the fund made its first investment in Avant and Prosper. According to… Read More

March 27, 2017 @ 12:10 pm By JD Alois  |  

In what is being described as Shanghai’s “first and high profile” peer to peer lending fraud case, 41 people associated with Baiyin Wealth Co. have been imprisoned according to China News. The case included the theft of approximately 700 million yuan or about USD $10.2… Read More

March 27, 2017 @ 10:44 am By Samantha Hurst  |  

On Monday, equity crowdfunding platform Seedrs announced it was introducing digital tax certificates and the new tax documents page to investors. According to the funding portal: “After a Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS) qualifying business raises investment on the platform our… Read More

March 27, 2017 @ 9:57 am By Samantha Hurst  |  

Online investment platform SyndicateRoom announced on Monday it is set to support the IPO of Downing Strategic Micro-Cap Trust PLC (DSM) on the main market of the London Stock Exchange, which opens for investment today. SyndicateRoom has been appointed as a retail distribution agent for… Read More

March 27, 2017 @ 9:00 am By Samantha Hurst  |  

ID Finance, a data science and digital finance company, announced on Monday it has officially joined peer-to-peer lender Mintos and has already begun placing personal unsecured loans issued in Spain under its MoneyMan brand on the lending platform’s marketplace.  ID Finance shared it is joining Mintos just after… Read More

March 27, 2017 @ 7:33 am By JD Alois  |  

LendInvest and Pepper UK have formed a partnership where Pepper UK will take all responsibility for servicing all new loans originated on the LendInvest platform. Effectively, LendInvest has outsourced its entire loan servicing part of the business. The agreement should allow LendInvest to focus more… Read More

March 27, 2017 @ 3:00 am By Erin Hobey  |  

“Equity crowdfunding is becoming a more viable, accessible and attractive option for non-institutional investors in sectors that affect everyday life.  Global connectivity, has meant that startups have greater entrée to investors from diverse geographies outside the traditional tech hubs, effectively strengthening the democratization process and… Read More