Investment Platforms and Marketplaces

December 12, 2016 @ 1:37 pm By Samantha Hurst  |  

On Monday, Crowdcube announced it was the first UK crowdfunding platform to raise £200 million for more than 430 businesses. This news comes just after lingerie and nightwear brand, Bluebella, secured over £1 million through the funding portal from more than 600 investors. The equity crowdfunding platform stated:… Read More

December 12, 2016 @ 12:44 pm By Samantha Hurst  |  

Real estate marketplace lending platform, Money360, announced on Monday it provided  $1.848 million in financing to a commercial property owner for the value-add renovation of a full-service boutique hotel to enable the hotel’s affiliation with the flagged hospitality brand, Ascend Collection Hotels. According to the lender, the $1.848… Read More

December 12, 2016 @ 12:16 pm By Jessica Pham  |  

Building on its successful Reg A+ campaign on SeedInvest and the company’s first product, the Smart Vent System, Keen Home is now focusing on air purification.  It launched its second product in August, the Smart Filter product line, which combines with a subscription service in order to… Read More

December 12, 2016 @ 11:04 am By Samantha Hurst  |  

Mediapreneur and FundedHere have formed a strategic partnership to provide seed funding for media-related startups through FundedHere’s crowdfunding platform. The two companies stated that through the partnership, Mediapreneur-supported startups would be listed on FundedHere, which is expected to give them a wider platform to attract capital…. Read More

December 12, 2016 @ 8:25 am By Samantha Hurst  |  

Kia Motors America and DonorsChoose announced on Sunday they are launching the annual “Holidays on Us” celebration to bring resources to schools in need this holiday season. The companies reported previous campaigns under the event raised more than $7.5 million and benefited more than 1.5 million… Read More

December 12, 2016 @ 8:12 am By JD Alois  |  

uFundingPortal (UFP LLC) went off-line last month after receiving regulatory approval to operate as a Reg CF funding portal earlier this year.  Crowdfund Insider reported the disappearance of the site in November as questionable companies were listed with bare bones information and outlandish valuations. Industry… Read More

December 10, 2016 @ 3:19 pm By JD Alois  |  

HelloGold recently launched in Malaysia, is the first online gold platform to be endorsed as Shariah compliant by the Shariah Supervisory Board of Amanie Advisors. The approval is predicted to give the company access to millions of Muslim customers around the region. The gold savings… Read More

December 10, 2016 @ 3:10 pm By Jessica Pham  |  

Malaysia’s Securities Commission (SC) announced last month that six P2P platforms were registered and would continue to be overseen by the Government of Malaysia, making Malaysia the first ASEAN country to regulate P2P financing.  The six platforms include B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures,… Read More

December 10, 2016 @ 2:54 pm By JD Alois  |  

Moody’s is out with a note commenting on the Office of the Comptroller of the Currency’s recent announcement it will offer Special Purpose Bank Charters for Fintech firms.  The move by the OCC was in recognition of the growing importance of Fintech and the movement… Read More

December 9, 2016 @ 4:11 pm By Samantha Hurst  |  

Earlier this week, global crowdfunding platform Indiegogo announced it has recently updated its Terms of Use and added it plans to go after campaign organizers who fail to deliver products to backers. The funding portal revealed: “We often get asked about the feasibility of projects and, while… Read More

December 9, 2016 @ 3:51 pm By Samantha Hurst  |  

Following the FCA publishing an interim report on crowdfunding regulations, the team at peer-to-peer lending platform Zopa revealed their thoughts about the report and its findings. As previously reported, the report took into consideration feedback from the leading UK crowdfunding platforms (including peer to peer lenders),… Read More

December 9, 2016 @ 12:59 pm By Samantha Hurst  |  

LendingTree announced this week the launch of its new small business grant contest. The online lending platform revealed it is offering support in the form of a $50,000 grant to help one small business continue to grow. The platform stated it is looking for a small… Read More

December 9, 2016 @ 12:38 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK) announced on Friday the closing of a $200 million asset-backed revolving debt facility with Credit Suisse. The online lender revealed with the announcement it now may obtain funding under the new credit facility with Credit Suisse by accessing $125 million of committed capacity and an additional $75 million of… Read More

December 9, 2016 @ 8:43 am By Samantha Hurst  |  

On Thursday, Indiegogo announced it formed a partnership with multi-platform production company, Warrior Poets. The company was founded by American documentary filmmaker, humorist, television producer, screenwriter, and political activist, Morgan Spurlock. The Indiegogo team stated that with this partnership, Warrior Poets would identify, develop, and produce select… Read More

December 9, 2016 @ 8:16 am By Samantha Hurst  |  

Assetz Capital announced on Friday that November 2016 was officially the peer to peer lender’s most successful month ever. The website confirmed it lent £26 million to users, £100 million for 2016.  Commenting on the online lender’s November success, Stuart Law, CEO of Assetz Capital, stated:… Read More

December 9, 2016 @ 6:11 am By Erin Hobey  |  

Pets’ Kitchen, a pet-health company that aims to provide high-quality pet food and veterinary services to improve the long-term health and well-being of furry companions, recently listed on SyndicateRoom. To date, the campaign has raised over £265,580 for 17.2% equity offered, priced at £0.25 a… Read More

December 8, 2016 @ 2:54 pm By Samantha Hurst  |  

Marketplace for small businesses Lendio announced on Thursday  the results of its latest survey showing that small business retailers also have a positive outlook about this holiday season. According to Lendio, the survey observed retailers with under 100 employees and 87% of the small businesses… Read More

December 8, 2016 @ 10:48 am By JD Alois  |  

European Parliament is looking to adjust the prospectus requirement for small companies raising capital. This policy shift can directly impact the amount an issuer can raise using investment crowdfunding – across Europe. Members of European Parliament have increased the lower exemption threshold, under which no… Read More

December 8, 2016 @ 9:30 am By JD Alois  |  

LendingHome, has exceeded $1 billion in mortgage loans.  The online lending platform launched two and a half years ago and has claimed the title as fast growing mortgage marketplace lender. It was only last month that Crowdfund Insider reported that LendingHome had originated $750 million… Read More

December 8, 2016 @ 8:35 am By Jessica Pham  |  

LGBT is the first Reg CF Title III offering on Mr. Crowd, a FINRA approved Reg CF crowdfunding platform. LGBT Weddings, Inc. (LGBT) will launch its crowdfunding campaign later this week in efforts to raise growth capital for the business. LGBT is based in California and was founded in… Read More