Investment Platforms and Marketplaces

February 28, 2017 @ 6:49 am By Erin Hobey  |  

rebuildingsociety.com has been awarded full authorization from the Financial Conduct Authority in recognition of our compliance with sector-specific regulations, according to its blog. Authorization means that the platform meets FCA standards and may now offer the Innovative Finance ISA.  Accepting loan applications in September 2012, UK-based… Read More

February 28, 2017 @ 5:08 am By Erin Hobey  |  

Online equity investment platform SyndicateRoom today announced the successful capital raise of £459,871 for Squirrel, which overfunded to 115% of its original £400,019 target. The fintech company has developed a personal financial management and savings app designed to help people regain control of their money. “We’re thrilled to welcome… Read More

February 27, 2017 @ 2:41 pm By JD Alois  |  

Prosper Marketplace, one of the leading online lenders in the US, has signed an agreement with a group of institutional investors to purchase up to $5 billion in loans over the next 24 months. The agreement alleviates a challenging situation that has been endured by… Read More

February 27, 2017 @ 11:33 am By JD Alois  |  

SoFi (né Social Finance) has closed on a $500 million funding round according to multiple reports. The additional capital will be leveraged for global expansion and the development of new financial services products. SoFi claims the largest Fintech funding ever as SoftBank pumped $1 billion… Read More

February 27, 2017 @ 10:08 am By JD Alois  |  

Labeled a landmark event for Islamic Finance, Yielders has claimed to be the first UK Fintech company gaining a Sharia Compliance Certification. The equity-based property crowdfunding platform, founded by Irfan Khan,  successfully completed the independent sharia certification conducted by IFC and overseen by a prominent scholar. Achieving… Read More

February 27, 2017 @ 9:41 am By Samantha Hurst  |  

Australia’s peer-to-peer trade credit platform Marketlend announced on Monday it has appointed Brad Pattelli as its new non-executive director and member of the board. Pattelli reportedly has decades of experience as an investor in a broad range of businesses, multiple prior public, and private board roles. He… Read More

February 27, 2017 @ 9:33 am By JD Alois  |  

Tokyo Otaku Mode Inc. (TOM) is a Delaware incorporated company that has launched crowdfunding in Japan. So why incorporate in the US? TOM is designed to be a global rewards-based or presale crowdfunding platform. Just launched today, TOM will be supporting, funding and allowing purchasing… Read More

February 27, 2017 @ 7:54 am By JD Alois  |  

Zopa, the first peer to peer lender to launch in the UK, has been recognized as a Superbrand receiving this status for the first time. Zope joins a coterie of some of the world’s most recognized brands including Virgin, British Airways, and Apple. Superbrands is… Read More

February 26, 2017 @ 2:58 pm By Samantha Hurst  |  

YieldStreet is an online marketplace for a diverse array of asset-backed investments. The platform was founded by CEO Milind Mehere who previously launched Yodle; President Michael Weisz, who was formerly a Vice President of a New York City-based hedge fund; and Dennis Shields, Chairman of YieldStreet,… Read More

February 26, 2017 @ 2:11 pm By JD Alois  |  

Investment crowdfunding platform StartEngine has organized a series of events across the country to boost awareness and platform utilization. Beginning this Monday (February 28), StartEngine will host a day long event entitled “1 Day to $100,000” to educate companies about their online funding options. StartEngine… Read More

February 25, 2017 @ 12:59 pm By Samantha Hurst  |  

DonorSee is described as a new fundraising platform specifically to improve the charity industry. Its goal is to change the way people support charities with complete transparency. Instead of giving to a large charity that may fall short of the mark or simply has huge… Read More

February 25, 2017 @ 11:38 am By Samantha Hurst  |  

With the 89th Academy Awards set to take place this Sunday at the Dolby Theatre in Hollywood, California, crowdfunding platform Kickstarter announced the projects that were nominated for this year’s big award event. The funding portal stated: “Since 2011, at least one Kickstarter-funded film has… Read More

February 24, 2017 @ 7:52 pm By JD Alois  |  

Lufax, othe largest peer to peer lenders in the world, is pivoting away from the online lending business. This is according to a report in WSJ.com. Lufax operates online and off – with more than 500 brick and mortar locations in over 200 cities. The… Read More

February 24, 2017 @ 7:28 pm By JD Alois  |  

Lending Club (NYSE:LC) has tweaked the way it manages the “grace period” for borrowers when they make payments past the due date. Previously, borrowers received a 15 day grace period for any penalties on payments less than 15 days late.  Beginning today, Lending Club requires… Read More

February 24, 2017 @ 3:13 pm By Samantha Hurst  |  

FarmFundr, a crowdfunding investment opportunity for farmland, announced on Friday it has opened its first rounding of funding opportunities for accredited investors. The new funding portal stated its primary focus is to maximize an investor’s returns while lowering risk. It was revealed: “FarmFundr currently farms and… Read More

February 24, 2017 @ 11:56 am By JD Alois  |  

As traditional banks reduce their physical presence across the country some online lenders are increasing their brick and mortar operations.  Assetz Capital is investing in their regional team and, in fact, grew their numbers by 110% during 2016. Stuart Law CEO and co-founder of the P2P… Read More

February 24, 2017 @ 10:28 am By Samantha Hurst  |  

Global peer-to-peer lending platform TransferWise announced earlier this week it has integrated its money transfer service, TransferWise Bot, with Facebook Messenger. The online lender revealed that customers may now send money and set up rate alerts without having to leave the Facebook Messenger app. TransferWise reported that users… Read More

February 24, 2017 @ 8:49 am By Samantha Hurst  |  

Online lender RateSetter has formed a partnership with accountancy advisor TaxAssist Accountants to help engage with small and medium-sized enterprises (SMEs). TaxAssist Accountant notably specializes in all businesses with a turnover of £2 million of less. It has more than 290 locations throughout the UK. While discussing the… Read More

February 23, 2017 @ 9:21 pm By Jessica Pham  |  

Crowdfund Insider had the opportunity to interview the co-founder of Canadian real estate crowdfunding platform, RealStarter. Jean-Sébastien Drolet is a Université Laval graduate who is leveraging his legal training in his work in the real estate market, along with co-founder and programmer Do Nguyen and real estate… Read More

February 23, 2017 @ 4:38 pm By Samantha Hurst  |  

Real estate crowdfunding platform Sharestates announced on Thursday it received a nomination for LendIt Conference Industry Awards’ emerging real estate platform award. The winner will be announced on March 7th at the Edison Ballroom in New York City. Speaking about the nomination, Allen Shayanfekr, co-founder and CEO of Sharestates, stated: “We… Read More