Investment Platforms and Marketplaces

March 21, 2017 @ 9:07 am By Samantha Hurst  |  

Peer-to-peer lending platform Assetz Capital recently announced it is maintaining its 5 Star Rating from Defaqto in the independent financial information business’ “Loan Based Crowdfunding” category. The online is now one of only two platforms to have achieved the highest rating awarded by Defaqto.  Assetz Capital reports that… Read More

March 21, 2017 @ 7:47 am By JD Alois  |  

UK based Madiston has shared that FinBee, the first licensed peer to peer lender for SMEs in Lithuania, has launched using Madiston tech. FinBee has already been in operation providing consumer loans using the Madiston platform. The company is extending the arrangement to move into… Read More

March 20, 2017 @ 8:29 am By Samantha Hurst  |  

Peer-to-peer invoice finance platform, MarketInvoice, announced on Monday it has appointed Zopa’s co-founder, Giles Andrews, as a new chairman. The company confirmed that Andrews will be working directly with co-founders Anil Stocker and Ilya Kondrashov to drive scale in the business as well as chairing and managing… Read More

March 20, 2017 @ 8:29 am By JD Alois  |  

LendInvest, an alternative property lender, has partnered with Merseyside Pension Fund to finance a loan secured against a development site in Canary Wharf. The £12 million deal was originated by LendInvest and syndicated with Merseyside Pension fund. The syndication was a first for the online… Read More

March 19, 2017 @ 10:03 am By Therese Torris  |  

In a move designed to firmly establish the credibility of the investment crowdfunding sector in Germany, the German Crowdfunding Association (Bundesverband Crowdfunding) announced that its 21 member platforms have adopted common, and quite stringent standards for reporting to investors. These definitely raise the bar for crowdfunding standards… Read More

March 17, 2017 @ 3:48 pm By Samantha Hurst  |  

On Friday, peer-to-peer lender Zopa celebrated the one year birthday of its product, Zopa Plus, by taking a look back at its progress over the past twelve months. The product was launched with Zopa Access and Zopa Classic. The platform revealed: “A year to the month… Read More

March 17, 2017 @ 1:19 pm By Samantha Hurst  |  

Online lender SoFi announced on Thursday it has elected Mike Bingle, Steven Freiberg, and Robert L. Joss to its Board of Directors. This news comes just a couple of weeks after the lending platform closed a $500 million funding round led by Silver Lake. While sharing… Read More

March 17, 2017 @ 9:36 am By Samantha Hurst  |  

Real estate lending marketplace Groundfloor announced on Thursday it has teamed up with IRA Services Trust Company to launch its tax deferred real estate investing. The platform revealed it will immediately begin to invite investors to its website to fund their accounts directly through their… Read More

March 16, 2017 @ 10:23 pm By JD Alois  |  

Ethis Ventures, a Singapore-based Islamic crowdfunding platform, has joined the United Nations Global Compact as a signatory. The UN Global Compact is the world’s largest corporate sustainability initiative that assists companies in aligning strategic operations with universal principles on human rights, labor, environment, and anti-corruption…. Read More

March 16, 2017 @ 3:25 pm By Samantha Hurst  |  

Following the announcement that President Donald Trump proposed the elimination of the National Endowment for the Arts and the National Endowment for the Humanities as part of his federal budget plan, Kickstarter co-founder and CEO Yancey Strickler took to the crowdfunding giant’s blog to express… Read More

March 16, 2017 @ 1:58 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform Money360, announced on Thursday it has officially doubled its portfolio and surpassed the $200 million mark this month. The lender reported it took more than a year and a half for its platform to hit the $100 million and less… Read More

March 16, 2017 @ 8:54 am By JD Alois  |  

Yirendai Ltd. (NYSE:YRD), a prominent online lender in China, announced its unaudited financial results for the quarter and full year ended December 31, 2016. Folowing the release, shares moved lower in pre-market trading. In Q4 of 2016, Yirendai reported it had facilitated 194,505 investors with total… Read More

March 16, 2017 @ 8:31 am By Samantha Hurst  |  

Chinese marketplace lending platform Yirendai announced on Thursday it has appointed Dr. Yichuan Pei as its new Chief Credit Officer. According to the lender, Dr. Pei will be responsible for the over management of its credit department to ensure that the credit risk of loan… Read More

March 15, 2017 @ 11:40 am By Samantha Hurst  |  

On Wednesday, Biz2Credit announced its latest small business lending index revealed that loan approval rates at big banks ($10 billion+ in assets) improved to new post-recession highs in February 2017. The index also reported small banks and institutional investors also experienced an uptick in their loan approval… Read More

March 15, 2017 @ 8:39 am By JD Alois  |  

Lendix has opened its platform to Italian investors. Following the launch in Spain, Lendix, a leading online lender targeting the SME sector, expects to issue its first loans in Q2 of 2017.   Yes, we are open ! Sì, siamo aperti ! Oui, nous sommes… Read More

March 15, 2017 @ 1:30 am By JD Alois  |  

Seedrs is preparing for a major strategic push this year as it seeks to hit “aggressive growth targets.”  In advance of the expected expansion, Seedrs has appointed two executives to add fire-power to the management team. Seedrs has appointed, Jeff Kelisky as COO – a… Read More

March 15, 2017 @ 12:26 am By JD Alois  |  

Revolut is a digital only challenger bank that does far more than a traditional bank at a lower cost. Lending Works is a new world online lender that streamlines the borrowing process at a lower cost without having to stomp down to your corner branch…. Read More

March 14, 2017 @ 7:45 pm By JD Alois  |  

  The Australasian rewards-based crowdfunding platform Pozible has joined the Certified B Corp movement. Pozible, the largest platform of its kind in Australia,  has announced is is joining a growing group of businesses that believe in generating a positive impact on the world and “durable prosperity… Read More

March 14, 2017 @ 12:08 pm By Spencer Li  |  

One of the fundamental differences between Chinese and US lending platforms can be found just by examining the home pages of their websites. Most, if not all, US platforms’ landing pages are targeted at borrowers and exhibit mainly information around borrowing whereas, on those of… Read More

March 14, 2017 @ 10:04 am By JD Alois  |  

VentureFounders, a crowdfunding platform that targets sophisticated investor, has surpassed £40 million in funding after 2 years of operation.  The company explains that 85% of the portfolio has the backing of venture capital firms and that 87% of all issuers listed on the site have… Read More