Investment Platforms and Marketplaces

November 17, 2016 @ 8:06 am By Samantha Hurst  |  

Hong Kong-based peer-to-peer lending platform Monexo announced this week plans to launch an “auto invest” feature on its platform. Sharing details about the new feature, CEO of Monexo, Mukesh Bubna announced in a statement: “We understand our customers and their fast-paced lives. It is virtually… Read More

November 17, 2016 @ 3:00 am By JD Alois  |  

Investment crowdfunding platform Seedrs has published its Portfolio Update Winter 2016/2017.  The digital document, which is available for download here, is in response to a report published in September. Seedrs states that feedback was so positive they decided to produce a more comprehensive review of… Read More

November 16, 2016 @ 6:08 pm By JD Alois  |  

Renaud Laplanche, the visionary behind Lending Club (NYSE:LC) who was pushed out of the marketplace lender this past May, is prepping a new online lender: Credify Finance Corp. WSJ.com is reporting that Laplanche along with two other former Lending Club executives, Jeff Bogan and Adelina Grozdanova,… Read More

November 16, 2016 @ 11:51 am By Samantha Hurst  |  

Nearly two weeks after announcing its first series of online awards programs, the Crowdfunding Video Awards (CVAs), NextGen Crowdfunding announced the launch of a design competition to crowdsource an award statue design for the upcoming awards. As previously reported, the CVAs will reportedly provide campaign… Read More

November 16, 2016 @ 11:07 am By Samantha Hurst  |  

On Wednesday, Crowdfunder announced it signed a partnership agreement with IBM Watson AI XPRIZE, which is described as a $5 million artificial intelligence (AI) global competition that challenges teams to develop and demonstrate how humans can collaborate with powerful AI technologies to tackle the world’s greatest… Read More

November 16, 2016 @ 10:51 am By JD Alois  |  

SME online lender DealStruck has reportedly shut down operations.  An industry insider has told Crowdfund Insider the online lender closed shop yesterday. We have also heard that most all employees have departed the platform.  The action was taken just as an 11th hour acquisition by… Read More

November 16, 2016 @ 9:42 am By JD Alois  |  

Zopa, the grande dame of peer to peer lending, has revealed its intent to launch a “next generation” challenger bank. Zopa CEO Jaidev Janardana stated they have created a scalable, profitable business yet they had only begun; “Launching a bank, to sit alongside our existing peer-to-peer… Read More

November 16, 2016 @ 9:03 am By Samantha Hurst  |  

SyndicateRoom announced on Wednesday the launch of its new product, The WatchList, which reportedly gives its online investment platform users the opportunity to invest funds in a curated list of AIM-listed companies at a discount to their share price. The funding portal revealed it created the WatchList… Read More

November 16, 2016 @ 8:04 am By JD Alois  |  

  First Seedrs Crowdfunded Company to IPO Shares on Exchange as Platform Claims Best Month Ever FreeAgent (LSE: FREE), a company that raised capital on equity crowdfunding platform Seedrs, has listed its shares on the London Stock Exchange’s AIM.  This IPO has provided early investors… Read More

November 15, 2016 @ 3:51 pm By Samantha Hurst  |  

On Tuesday, Kickstarter CEO and co-founder, Yancey Strickler, announced the crowdfunding platform is now welcoming artists and creators to its website for the first time. In a blog post called Build Bridges, Not Walls, Yancey stated he and his team are now removing the barrier… Read More

November 15, 2016 @ 11:44 am By Erin Hobey  |  

  Indiegogo, the trend-setting international crowdfunding platform for entrepreneurs to bring their ideas to fruition, has launched a new equity crowdfunding portal with MicroVentures allowing anyone to invest in startups and growing companies. By utilizing new equity crowdfunding regulations that took effect in May, the new service provides… Read More

November 15, 2016 @ 11:11 am By JD Alois  |  

IW Capital, a UK based private equity firm, has launched a new “debt arm” facilitating private debt-based investment into scale-up companies across the UK. IW Capital pointed to recent research that indicated investor interest for alternative assets was on the rise. Last month, IW Capital reported… Read More

November 15, 2016 @ 9:40 am By Samantha Hurst  |  

Lufax, one of China’s largest peer to peer lending platforms, has announced plans to expand into both Hong Kong and Singapore. This news comes less than two months after the lender announced preparations for its Hong Kong Listing and IPO. Lufax Chairman and CEO, Gregory… Read More

November 15, 2016 @ 9:12 am By Erin Hobey  |  

Crowdfunding real estate platform Fundrise is spinning off  RSE Capital Partners, its real estate investment branch, into a stand-alone company, according to several news sources. The new standalone firm will continuation to focus on origination, underwriting, investment and management for the company’s eREIT platform. RSE currently collaborates with top brokers and… Read More

November 15, 2016 @ 8:49 am By Samantha Hurst  |  

Marketplace lending platform, China Rapid Finance, announced on Tuesday it has formed partnerships with two financial institutions, China United SME Guarantee Corp. (Sino Guarantee) and Bank of Shanghai. The lender stated Sino Guarantee would provide ongoing lending capital for loans that will originate on its platform, with… Read More

November 15, 2016 @ 8:29 am By JD Alois  |  

Peer to peer lender ArchOver has announced it will extend its exclusive partnership with international credit insurer and collections company Coface by a further three years. The 2-year old secured business lender states it has not experienced any borrower defaults, late payments or losses, to… Read More

November 15, 2016 @ 8:12 am By JD Alois  |  

OFF3R has launched an independent Index designed to outline performance of equity crowdfunding and peer to peer lending platforms.  OFF3R is a platform aggregator allowing investors a single site or App in which to select and invest. The index is said to analyze major UK… Read More

November 15, 2016 @ 6:00 am By JD Alois  |  

P2Binvestor (P2Bi), a marketplace lender that provides working capital through a crowdfunding model, has raised $7.7 Million in Series A1 funding led by Rockies Venture Club (RVC), the largest angel investor network in Colorado and Future Venture Capital Co, Ltd. (FVC), a Japanese venture capital… Read More

November 14, 2016 @ 10:17 pm By JD Alois  |  

LendingHome is a niche online lender that is focused on the mortgage market. In a relatively short period of time, LendingHome has gone from zero to well over $700 million in residential mortgages. The mortgage market is huge. FBR& Co. recently estimated that $1.9 trillion… Read More

November 14, 2016 @ 5:16 pm By Samantha Hurst  |  

On Monday, online lender Prosper Marketplace announced its board of directors has named former CFO David Kimball as the new CEO after Aaron Vermut stepped down from the position. Vermut notably served as the CEO of Prosper since March 2014, and the platform reported that he would… Read More