Investment Platforms and Marketplaces

March 25, 2017 @ 11:36 am By Samantha Hurst  |  

Online lending platform OnDeck (NYSE: ONDK) announced earlier this week it has officially amended its asset-backed revolving credit facility with Deutsche Bank to extend the facility’s maturity date to March 2019 and also increase the facility’s borrowing capacity by approximately $52 million to a total of approximately… Read More

March 24, 2017 @ 5:20 pm By Samantha Hurst  |  

Online lending crowdfunding portal Funding Wonder announced on Thursday the launch of its first loan offering which is dedicated for Annapolis, Maryland Dental Fix Rx franchisee, Ryan Clark. This news comes just a few months after the platform was approved by the Financial Industry Regulatory… Read More

March 24, 2017 @ 3:42 pm By Samantha Hurst  |  

Online consumer lending platforms and services, Marlette Funding, announced on Friday it completed its second proprietary “MFT” securitization. The lender reported that approximately $333 million of Best Egg collateral was financed through the transaction. According to Marlette Funding, the transaction was significantly oversubscribed and successfully… Read More

March 24, 2017 @ 9:08 am By Samantha Hurst  |  

Fig Publishing Inc. announced on Thursday it has been approved by the Securities and Exchange Commission (SEC) to offer Fig Game Shares for Wasteland 3,  which is currently being developed by inXile Entertainment, the creators of Wasteland 2 and Torment Tides of Numenera. The game recently… Read More

March 24, 2017 @ 6:55 am By Erin Hobey  |  

In less than a day, global citizens have rallied in support of those who lost loved ones in yesterday’s terrorist attack in London. According to the BBC, 4 people were killed and about 50 people were wounded in the heart of London. At this writing, at least three crowdfunding… Read More

March 24, 2017 @ 5:33 am By Erin Hobey  |  

“I was attracted to the MNP Auctioneers business because it will bring new opportunities to South East Asia as evidenced by the success of Christie’s and Sotheby’s for this industry,” Dato Wei Chuan Beng commented. “I think ECF provides value to MNP as it opens the… Read More

March 24, 2017 @ 5:22 am By Erin Hobey  |  

Last chance to complete your Polsky Center for Entrepreneurship and Innovation at the University of Chicago and the Cambridge Centre for  Alternative Finance at the University of Cambridge Judge Business School  2017 Americas Alternative Finance Industry Survey.  The survey highlights the size, growth and key market trends of the online… Read More

March 23, 2017 @ 1:11 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube announced on Thursday its 2017 first quarter results. The infographic released shows key stats from the funding portal, which includes its top sectors to raise finance for, the gender split, most popular business locations, and Funded Club milestones. The release of… Read More

March 23, 2017 @ 11:55 am By Samantha Hurst  |  

On Thursday, Kickstarter announced that it has hit a brand new milestone. A total of 10,000 game projects have successfully been funded since the funding portal’s launch in 2009. The crowdfunding giant revealed in a blog post: “The day after Kickstarter launched in 2009, Eric… Read More

March 23, 2017 @ 11:21 am By Samantha Hurst  |  

Florida-based FundThis announced on Thursday the launch of its new “crowdfunding platform of the future.” The website stated it is seeking to provide campaigns with the tools, support, and funds needed for success. As part of helping campaigners achieve their funding goals, FundThis is offering… Read More

March 22, 2017 @ 6:42 pm By Samantha Hurst  |  

NextGen Crowdfunding announced on Wednesday the fourth round winners of the Crowdfunding Video Awards (CVAs). The CVAs provides campaign organizers new ways to promote crowdfunding campaigns and products to backers as well as potential investors. The winners of the fourth round are the following: First place:… Read More

March 22, 2017 @ 3:44 pm By Samantha Hurst  |  

Real estate crowdfunding platform Small Change announced on Wednesday the launch of its first Los Angeles-based offering. According to the funding portal, the Rosewood project is located in the and walkable Larchmont neighborhood of the city. The project was launched by 4Corners Group.   Small Change describes Rosewood… Read More

March 22, 2017 @ 10:27 am By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Wednesday it is launching a diversified peer-to-peer lending bond. The company reports that this bond will open access for financial advisers and wealth managers to the fast-growing and attractive P2P and direct lending… Read More

March 22, 2017 @ 10:12 am By JD Alois  |  

Xero has announced a series of new agreements to integrate a handful of online lending platforms. Xero has added MarketInvoice, iwoca, and DueCourse to its software platform. Xero is an online accounting software designed for small business and their advisors. The company currently has over… Read More

March 21, 2017 @ 5:24 pm By Samantha Hurst  |  

On Monday, Johnson & Johnson, along with partners CI&T and R/GA, announced crowdfunding platform for public health projects, CaringCrowd, received the SXSW Interactive Innovation People’s Choice Award at the 20th annual SXSW Interactive Innovation Awards. CI&T and R/GA reportedly collaborated on the interactive and design work…. Read More

March 21, 2017 @ 4:52 pm By Samantha Hurst  |  

Crowdfunding platform for video games Fig recently announced the launch of its slacker backer feature, which allows users the opportunity to back portal-selected projects that have closed their campaigns. The funding portal revealed on Facebook last week: Fig also reported that thanks to the Slacker… Read More

March 21, 2017 @ 1:46 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced it was welcoming e-commerce platform Shopify to its resources page. According to the crowdfunding giant, Shopify is now offering campaign creators a 45-day free trial. The Kickstarter team stated: “We are excited to work with Shopify because when paired with themes… Read More

March 21, 2017 @ 1:00 pm By JD Alois  |  

After receiving a solid amount of investor interest in their Reg CF offer, Legion M has launched a Reg A+ crowdfunding round to raise a minimum amount of $500,000.  The campaign is live now on Wefunder and is the first Reg A+ offer to be… Read More

March 21, 2017 @ 11:58 am By Samantha Hurst  |  

Online lending platform OnDeck (NYSE: ONDK) announced on Monday former Morgan Stanley COO, Jim Rosenthal, is set to join its board of director. This appointment will go into effect on April 3rd.  OnDeck reported during his tenure at Morgan Stanley, Rosenthal served in various roles, including… Read More

March 21, 2017 @ 11:10 am By JD Alois  |  

The Innovative Finance ISA or IFISA was has been pitched as a good investment option for savers.  The new retirement vehicle allows individuals to invest in peer to peer lending assets that may provide a better risk-adjusted return for investors. There is a growing number… Read More