Investment Platforms and Marketplaces

February 8, 2017 @ 12:15 am By JD Alois  |  

Real estate crowdfunding platform Patch of Land has announced several management changes with two executives. Min Lee will be joining the real estate marketplace as the Chief Financial Officer and Robert Greenberg has been appointed as its Chief Marketing Officer.  Patch of Land said the… Read More

February 7, 2017 @ 5:13 pm By Samantha Hurst  |  

On Tuesday, P2P lending platform Saving Stream announced its value of outstanding loan book grew by 126% during 2016. In its year review, Saving Stream stated over the last year, its outstanding loan book increased from approximately £73m in December 2015 to £165m in December… Read More

February 7, 2017 @ 3:30 pm By JD Alois  |  

AngelList co-founder and CEO Naval Ravikant was recognized as the Angel Investor of the year at the Crunchies last night. During the 10th Annual Crunchies Awards, Techcrunch called out Ravikant’s 88 personal investors he has made in the past decade.  Ravikant topped Carine Megescas at… Read More

February 7, 2017 @ 3:12 pm By Samantha Hurst  |  

On Tuesday, online adult game publisher, Nutaku, announced the launch of its new crowdfunding platform specifically for 18+ games, Kimochi Red Light. According to Nutaku, Kimochi Red Light is free for gaming studios and developers to showcase their projects. The crowdfunding platform will not take a… Read More

February 7, 2017 @ 2:18 pm By JD Alois  |  

Fundanna is the first investment crowdfunding portal targeting the Cannabis industry to be approved by FINRA and the SEC to issue securities under Reg CF. Fundanna is the newest brand from Chicago-based truCrowd. Fundanna is looking to leverage the emerging retail Cannabis market that is expected… Read More

February 7, 2017 @ 6:21 am By Erin Hobey  |  

LOVE Turntable Inc.’s Kickstarter campaign is still going strong with the help of 1026 backers and counting, having raised over $346,870 since launching late last week.   The startup surpassed its goal within hours of launching its Kickstarter campaign which brings its smartphone-controlled turntable to market. Funding from the campaign will aid in… Read More

February 7, 2017 @ 6:01 am By Erin Hobey  |  

Anova Applied Electronics, Inc. announced its entering into an agreement to be acquired by global appliance company Electrolux (ELUX-B) for $115 million in cash up front and an additional $135 million, subject to adjustments and the achievement of certain financial objectives. “Our vision has always been… Read More

February 6, 2017 @ 4:27 pm By Samantha Hurst  |  

Kickstarter announced on Monday it has joined an amicus brief, alongside nearly 100 American companies, to stand up for America’s welcoming immigrant traditions. According to Kickstarter, the brief reads: “Immigrants make many of the Nation’s greatest discoveries, and create some of the country’s most innovative and… Read More

February 6, 2017 @ 3:17 pm By JD Alois  |  

Crowdfund Insider received a tip this past week that real estate crowdfunding platform AssetAvenue has stopped originating loans. Emails to the company have not been returned, and repeated attempts to contact AssetAvenue by phone have not been successful. Portions of the AssetAvenue site now generate… Read More

February 6, 2017 @ 1:08 pm By Samantha Hurst  |  

Crowdfunding platform Crowdfunder UK announced on Monday it has teamed up with the Birmingham City Council to launch Crowdfund Birmingham. According to Crowdfunder UK, the Birmingham City Council has set aside £470,000 from its Community Innovation Fund to provide match funding to pledge on projects that will benefit… Read More

February 6, 2017 @ 12:12 pm By Samantha Hurst  |  

Real estate crowdfunding platform DiversyFund announced on Monday a seven thousand square foot luxury home investment opportunity in Monterey, California is nearing fulfillment. The project, which is offering an 18% preferred return with an estimated nine to twelve-month investment term, raised 90% of its funding target.  According to DiversyFund,… Read More

February 6, 2017 @ 7:43 am By JD Alois  |  

New peer to business property lender Credit Peers has launched today. The online lender allows individuals to lend £500 and up for property transactions. Credit Peers says that lenders may invest within minutes of registration and borrowers may gain access to capital within weeks.  Investors… Read More

February 4, 2017 @ 2:30 pm By JD Alois  |  

Roofstock, an online marketplace that facilitates direct purchases of rental property, has announced the appointment of Jason Altieri as Chief Legal and Compliance Officer. Altieri was previously General Counsel at publicly traded marketplace lending platform Lending Club (NYSE:LC).  Roofstock has been growing rapidly aided in… Read More

February 4, 2017 @ 1:33 pm By JD Alois  |  

In a solid indication of confidence of the young real estate crowdfunding platform, Fundrise has received solid investor interest in its self-crowdfunding IPO under Reg A+. Demand was sufficient to compel management to increase the maximum funding round from 2 million shares to 3 million… Read More

February 4, 2017 @ 11:03 am By JD Alois  |  

Balance sheet lender LQD Business Finance grew quickly last year. It closed $33 million in lending during 2016 as it processed $140 million in loan applications.  LQD anticipates growing its origination run rate to $80 million by the end of 2017. During 2018 they expect… Read More

February 4, 2017 @ 9:22 am By Samantha Hurst  |  

RateSetter, a leading UK peer-to-peer lending platform, announced this week it is updating its lender terms. This news comes just a few months after the company announced it was adding more flexibility into the Provision Fund. The RateSetter team announced: “We believe that a more flexible… Read More

February 3, 2017 @ 1:45 pm By JD Alois  |  

The UK government is expected to publish soon a White Paper on the UK housing challenge. Housing starts are at an all time high but hurdles remain as demand continues to outstrip supply. Expectations are for “radical plans” to be outlined to help the government… Read More

February 3, 2017 @ 12:47 pm By Samantha Hurst  |  

Last week, UK Prime Minister Theresa May unveiled a modern Industrial Strategy proposal to help build on the country’s strengths and take on its weaknesses. Prime Minister May explained: “The modern Industrial Strategy will back Britain for the long-term: creating the conditions where successful businesses… Read More

February 3, 2017 @ 10:52 am By Samantha Hurst  |  

Crowdfunding giant Kickstarter announced earlier this week its latest creative initiative, Make 100, attracted more than 460 creators. As previously reported, the funding portal stated as 2017 kicks off, it is challenging campaign organizers to bring their brightest idea to life, times 100. It explained: “Being… Read More

February 3, 2017 @ 9:10 am By JD Alois  |  

The House Crowd, a property crowdfunding platform, has published survey results highlighting a nagging issue.  UK individuals that are nearing retirement (55+ years old), are woefully ill-prepared to retire. This is a common theme not just in the UK but around the world. Much of… Read More