Investment Platforms and Marketplaces

January 20, 2017 @ 2:03 pm By Samantha Hurst  |  

Peer-to-peer lending platform Bricks Financial has officially received authorization from the Financial Conduct Authority (FCA). As previously reported, the online lender was founded in 2014 and is designed to build a community of investors to help those looking for development finance. The new direct lender was… Read More

January 20, 2017 @ 8:50 am By JD Alois  |  

Linked Finance, an Irish peer to peer lending platform, has signed an agreement with Eiffel Investment Group to back Irish SME loans.  The partnership was spawned in part by Linked Finance’s rapid growth of 132% over the past 6 months. Eiffel Investment Group will contribute… Read More

January 19, 2017 @ 2:54 pm By Samantha Hurst  |  

Singapore-based FundedHere announced on Thursday that CoolBitX Technology, the creator of wireless hardware wallet for bitcoins, CoolWallet, raised S$280,000 (US$200,000) from venture capital firm Midana Capital Inc. through its crowdfunding platform. The bitcoin startup is looking to use the funds for further research and development, and… Read More

January 19, 2017 @ 12:49 pm By Samantha Hurst  |  

PledgeMusic announced on Thursday it appointed Bryan Mead as its new Senior Vice President, Artist and Label Relations. Mead brings more than 25 years of music industry experience to the crowdfunding platform and recently served as INgrooves Music Group’s Senior Vice President, Label Services and Marketing. He was… Read More

January 19, 2017 @ 12:43 pm By JD Alois  |  

Wefunder Leads Reg CF Crowdfunding Space in Both Successful Funding Rounds and Total Raised. Once Title III of the JOBS Act (Reg CF) became actionable, Wefunder jumped out of the gate and never looked back. In fact, Wefunder’s founders lobbied Congress to legalize investment crowdfunding…. Read More

January 19, 2017 @ 10:59 am By Samantha Hurst  |  

Fig Publishing announced on Thursday it secured $7.84 million during a Series A Funding Round, which was led by Spark Capital and Greycroft with participation from Resolute Ventures, NextView Ventures, and Draft Ventures. Fig, which was founded in 2015, allows accredited and non-accredited investors to… Read More

January 19, 2017 @ 10:43 am By JD Alois  |  

Indiegogo’s push into investment crowdfunding is working out pretty well so far. In the first two months of operation, Indiegogo has helped five different companies raise growth capital under Reg CF. In a partnership with MicroVentures, Indiegogo’s First Democracy VC has raised $1.4 million with… Read More

January 19, 2017 @ 10:25 am By JD Alois  |  

While real estate crowdfunding holds much promise, risk remains. France, home of multiple real estate crowdfunding platforms, has just experienced its first big loss. According to a report in Capital, real estate developer Terlat has used two crowdfunding platforms to finance projects. Terlat has leveraged… Read More

January 19, 2017 @ 10:04 am By Samantha Hurst  |  

On Thursday, NextGen Crowdfunding announced the season one premiere of the Crowdfunding Video Awards (CVAs). The season kickoff comes a couple of months after the company unveiled details about the CVAs, which will notably recognize the best pitch videos from both reward and equity crowdfunding campaigns. As… Read More

January 19, 2017 @ 8:28 am By JD Alois  |  

Assiteca Crowd, a Consob regulated investment crowdfunding platform in Italy, is launching a sister crowdfunding platform to enable donations. Assiteca Crowdonor will launch on January 26th with the “Most Beautiful Villages in Italy” campaign. The agreement was signed with the company “Borghi Services and Environment” and… Read More

January 19, 2017 @ 8:10 am By JD Alois  |  

Record Year for Assetz Capital as £108 Million lent to Small Business in 2016. Assetz Capital, a peer-to-peer lending platforms, has announced having originated £200 million in loans since launching in 2013. The alternative finance platform targets small and medium-sized UK businesses and also helps property… Read More

January 19, 2017 @ 5:24 am By Erin Hobey  |  

2016 marked a strong year for Berlin-based crowdfunding platform Companisto.  Founded in 2012 by Tamo Zwinge and David Rhotert. In an earlier interview, Zwinge envisioned Companisto as a crowdinvesting platform that enabled ideas to be implemented to benefit many people, a hope that continues to be realized. “According… Read More

January 18, 2017 @ 6:07 pm By JD Alois  |  

Credible, a multi-lender marketplace for student and personal loans, has closed on a $10 million Series B funding round.  The newest round brings total funding to $23 million to date for the young Fintech firm. The series B funding round was led by Regal Funds… Read More

January 18, 2017 @ 5:47 pm By JD Alois  |  

lending clubLending Club (NYSE:LC) has filed an 8-K regarding an investor update from the company’s Chief Investment Officer Siddhartha Jajodia. The letter includes an update on expected delinquency rates across the existing loan portfolio following changes made several times in 2016, and implemented additional changes… Read More

January 18, 2017 @ 4:13 pm By JD Alois  |  

Sharestates, a real estate crowdfunding platform, has hit $275 million in loans since platform launch in 2015.  The milestone makes Sharestates one of the largest online real estate investment platforms of its kind.  Sharestates said the December 2016 was the most active month in the… Read More

January 18, 2017 @ 3:24 pm By Samantha Hurst  |  

Online consumer lending platform, BorrowersFirst, announced on Wednesday it secured an additional $100 million in debt financing to accelerate loan originations, and fund the continuous growth of its balance sheet.  With this new facility, the lender has secured $400 million to support its profitable growth. … Read More

January 18, 2017 @ 2:35 pm By Anthony Zeoli  |  

While it took longer than expected to get here, Crowdfunding for Illinois businesses is now officially up and running and its full steam ahead. To mark the occasion, a joint press conference was held yesterday at local incubator 1871 which I was privileged to be… Read More

January 18, 2017 @ 10:51 am By Samantha Hurst  |  

Seed&Spark, the independent film crowdfunding platform, announced on Wednesday the launch of its latest entertainment initiative, #100DaysofDiversity, which is described as a movement that’s joining creators, audiences, brands, festivals, and organizations to actively increase representation in entertainment in 100 days starting January 20th. The crowdfunding platform… Read More

January 18, 2017 @ 9:21 am By JD Alois  |  

Lending Club (NYSE: LC), the leading US marketplace lending platform,  will issue its Q4 earnings report on Tuesday, February 14, 2017, after market close. Lending Club will host a conference call to discuss the fourth quarter financial results at 2:00 p.m. PT / 5:00 p.m. ET on… Read More

January 18, 2017 @ 8:21 am By Samantha Hurst  |  

Solar loan provider Mosaic announced on Wednesday it has appointed Amir Friedman as Vice President of Bank Partnerships. The lender revealed that in this newly created role, Friedman is set to oversee its whole loan sale program with banks, insurance companies, credit unions, and other financial institutions. Friedman… Read More