Investment Platforms and Marketplaces

November 9, 2016 @ 11:53 am By Samantha Hurst  |  

Earlier this week, leading UK-based investment crowdfunding platform SyndicateRoom announced it was named Best Investment Platform and Industry Game Changer at this year’s Growth Investor Awards. The event celebrated the role of the UK SME fund management community in both job and wealth creation. It also recognizes… Read More

November 9, 2016 @ 11:16 am By JD Alois  |  

Trade Me (ASX:TME) has purchased $670,000 woth of shares in New Zealand based P2P lender Harmoney. The investment was said to be designed to hold its stake at 14.4%. Harmoney also operates in Australia. According to a report in NBR, Trade Me purchased 1.3 million… Read More

November 9, 2016 @ 10:17 am By Samantha Hurst  |  

Online commercial mortgage marketplace lender, LendInvest, announced it was named Best Short Term Lender at the NACFB Awards. The fourth annual event was held last week at the Park Plaza Hotel on Westminster Bridge in London and recognized companies in the lending industry.  Sharing details about… Read More

November 8, 2016 @ 6:21 pm By JD Alois  |  

Online lender Avant acquired ReadyForZero in 2015 to promote debt and credit related financial education.. ReadyForZero is a debt management and credit monitoring platform that helped consumers manage their finances.  While no terms of the acquistion were revealed, ReadyForZero had reportedly raised $5 million in a… Read More

November 8, 2016 @ 12:59 pm By JD Alois  |  

Bitbond is one of the most interesting SME lenders around today. Launched in 2013, the online lender eschewed dollars and euros to focus on digital currencies, specifically Bitcoin. The global peer to peer lender provides access to capital for small business around the world. As… Read More

November 8, 2016 @ 10:19 am By Erin Hobey  |  

 PROSPI, a new shared property investment platform launched by Manchester-based property expert McCafferty Asset Management, seeks  to enable investors with as little as £500 to take a proportionate holding alongside other stakeholders in specific, fully-tenanted residential properties managed by McCafferty’s team of experts. Investors will benefit from predictable… Read More

November 8, 2016 @ 7:37 am By JD Alois  |  

Investment crowdfunding platform Crowdcube has called on the industry to create a common set of rules and principles to measure platform performance and the returns generated by crowdfunded companies. The statement comes on the heals of a report by AltFi on the status of companies… Read More

November 7, 2016 @ 6:01 pm By Jessica Pham  |  

Katipult, cloud-based software infrastructure that allows firms to design, setup, and manage an Investment Crowdfunding, Peer 2 Peer Lending, or Investor Management platform has been recognized as Canada’s most innovative fintech company.  In a blog post Katipult explained their mission; “Private capital markets are plagued with… Read More

November 7, 2016 @ 2:46 pm By Samantha Hurst  |  

Lidya, an online financial services platform, officially went live on Monday and is now issuing loans to SMEs. The new website was created by the founders of Africa Courier Express (ACE), Tunde Kehinde and Ercin Eksin. The founders of Lidya revealed its first product is a… Read More

November 7, 2016 @ 11:36 am By Samantha Hurst  |  

On Monday, Indiegogo announced it is introducing its latest feature, which eliminates the use of campaign surveys. The global crowdfunding platform introduced its latest feature, Item Options, as a way to help campaign organizers manage project perks much easier. The funding portal revealed that Item Options now… Read More

November 7, 2016 @ 10:44 am By Samantha Hurst  |  

On Monday, RealtyShares announced several developers have returned to its real estate crowdfunding platform for additional projects. The website confirmed that Chris Wooten of Own Home, LLC, which funded his second residential acquisition in Nashville, Tennessee, and raised $398,000 from investors on the RealtyShares platform in October. Wooten… Read More

November 7, 2016 @ 9:09 am By Samantha Hurst  |  

PrimaryBid, a UK-based online platform that provides private investors the opportunity to create their own placings on their own terms, announced on Monday it made some service important to make it easier for AIM companies to issues shares.  New users of PrimaryBid are now able to gain… Read More

November 7, 2016 @ 8:26 am By JD Alois  |  

Scott Sanborn, CEO of Lending Club (NYSE:LC) delivered an upbeat report on Q3 results today sharing on the earnings call that progress was moving forward ahead of expectations.  Sanborn said investors invenctives were removed and many institutional investors had returned to the fold. Lending Club… Read More

November 7, 2016 @ 7:53 am By JD Alois  |  

First P2B Online Lending Platform Approved by Regulators in Singapore & Malaysia Funding Societies, a peer-to-business online lender, has received an “in-principle approval” of a Capital Markets Services (CMS) license in Singapore, and has been selected as one of the six registered operators in Malaysia… Read More

November 7, 2016 @ 7:32 am By JD Alois  |  

Lending Club (NYSE:LC),the largest  marketplace lending platform in the US, is out with Q3 results.  Lending Club reported a net loss of $36.5 million for the Q3 of 2016, an improvement vs. the net loss of $81.4 million reported in Q2 of 2016. Meanwhile originations… Read More

November 7, 2016 @ 7:14 am By JD Alois  |  

Lending Club (NYSE:LC) has announced a significant partnership with the National Bank of Canada and its US subsidiary Credigy.  The agreement calls for Credigy, a firm that specializeds in consumer finance investment,  to invest up to $1.3 billion over the next 12 months. Scott Sanborn,… Read More

November 6, 2016 @ 7:18 pm By JD Alois  |  

Last week, Earnest, an online lender, announced it had crossed a “major milestone”.  The platform shared it had refinanced $1 billion in student loan debt. The company said it had about “a trillion more to go”. The online lender estimates it has saved borrowers about… Read More

November 6, 2016 @ 2:06 pm By JD Alois  |  

Eureeca has become the first equity crowdfunding platform to be officially licensed by the Dubai Financial Services Authority (DFSA).  Eureeca is a multi-regulated platform, having already received regulatory approval from from the Financial Conduct Authority in the UK and the Securities Commission Malaysia in 2015…. Read More

November 4, 2016 @ 4:10 pm By Samantha Hurst  |  

SoFi, one of the largest online lenders in the US, announced this week the launch of its new program dedicated to helping homeowners pay off their student debt faster. The platform new offering, which is called the Student Loan Payoff ReFi, allows homeowners to have the… Read More

November 4, 2016 @ 3:35 pm By JD Alois  |  

VIA Folio, a technology platform that allows investors to hold alternative assets alongside publicly traded securities, has decidided to support the growing Cannabis industry.  With recent actions by several states that allows for the legal use of Cannabis, VIA Folio has seen increased demand for… Read More