Investment Platforms and Marketplaces

August 30, 2016 @ 11:34 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced the acquisition of its #FundedClub member, Wool and the Gang. The London-based DIY fashion brand was acquired by BlueGem Capital Partners. Crowdcube also reported since 2013 more than 5 million has been returned to investors following the exits… Read More

August 30, 2016 @ 7:54 am By JD Alois  |  

EstateGuru, a peer to peer lender based in Estonia, has announced an expansion into neighboring Latvia. The announcement comes just as EstateGuru announced earlier this month having topped €10 million in lending. EstateGuru is an online lender providing loans secured by real property for short to… Read More

August 29, 2016 @ 4:12 pm By JD Alois  |  

iAngels, an equity crowdfunding platform that provides access to the hot tech market in Israel, has now raised over $50 million since launch having deployed $20 million in 63 portfolio companies. iAngels empowers smaller, accredited investors by connecting them with deals they have already thoroughly… Read More

August 29, 2016 @ 10:46 am By JD Alois  |  

China is the largest alternative finance market in the world and Fincera (OTCQB: AUTCF) is a fast growing internet finance platform that is providing an increasing portfolio of services online.  But Fincera started in an entirely different business sector: commercial auto-leasing under the name of… Read More

August 28, 2016 @ 8:39 pm By JD Alois  |  

Global investment crowdfunding platform OurCrowd is ranked number 2 in the Geektime Investors Index that ranks investors in the red-hot tech sector of Israel for the first half of 2016. This is a pretty incredible accomplishment as OurCrowd is competing with all of the big… Read More

August 27, 2016 @ 11:52 am By JD Alois  |  

The several law firms have filed class-action lawsuits on behalf of shareholders of Yirendai (NYSE:YRD) who acquired shares at some point during 2016 – some of the filings are specifying date ranges. The reason this is interesting is that these law firms are faulting Yirendai… Read More

August 27, 2016 @ 10:43 am By JD Alois  |  

That’s right. StartEngine, one of the leading investment crowdfunding platforms in the US, has eliminated the fee associated with raising capital under Reg CF.  Previously the platform charged a 5% service charge so if an issuer was raising $1 million they had to pay $50,000… Read More

August 26, 2016 @ 4:25 pm By Samantha Hurst  |  

This week, Indiegogo co-founder Slava Rubin was announced as a keynote speaker for the upcoming Global Crowdfunding Convention (GCC), which is set to be held October 15-17th at the Planet Hollywood Resort & Casino in Las Vegas. GCC organizers predict that more than 1200 participants will… Read More

August 26, 2016 @ 3:59 pm By Samantha Hurst  |  

On Thursday, Pfizer announced Arizona startup, Alchemi Labs, was dubbed winner of its Get Old contest. Earlier this summer, the pharmaceutical giant announced it was teaming up with Indiegogo to launch the initiative, which highlights innovations that can make life “better” as people age. The “best of the… Read More

August 26, 2016 @ 11:34 am By Samantha Hurst  |  

On Friday, peer-to-peer lender Zopa released its 2015 annual report and financial statements. The numbers revealed that despite loans disbursals more than doubled, rising from £265 million disbursed in 2014 to £532 million, and revenues for the year increased £11.5 million in 2014 to £20.6 million,… Read More

August 25, 2016 @ 4:01 pm By JD Alois  |  

Joanne Bradford, SoFi COO, visited the studios of CNBC earlier today to give an update on the status of their lending operations. Bradford’s discussion comes  on the heels of Orchard’s industry update that showed a dip in online lending during the second quarter of 2016…. Read More

August 25, 2016 @ 1:01 pm By Samantha Hurst  |  

On Thursday, UK-based peer-to-peer lender, Lending Works, took to its blog to reveal the status of UK’s economy since voters made the Brexit decision, to depart from the European Union (EU),  just two months ago (June 23rd). The lender stated: “Depending which newspaper you’re inclined to… Read More

August 25, 2016 @ 9:53 am By Samantha Hurst  |  

Worldwide technology company and Indiegogo partner, Arrow Electronics, Inc. (NYSE: ARW), announced on Thursday the launch of its new crowdfund-to-production service. This new service reportedly aims at accelerating the pace of innovation for technology and internet of things (IoT) entrepreneurs. Those interest in applying for an… Read More

August 25, 2016 @ 9:30 am By Samantha Hurst  |  

On Wednesday, NakedWines announced it is seeking £112,000 for a new English Sparkling Wine and is giving investors a chance to name the new fizz. The crowdfunding platform is teaming up with Simpson Wine Estate for the process. NakedWines reported the sparkling wine would be produced… Read More

August 24, 2016 @ 5:33 pm By JD Alois  |  

As part of the rebuilding process Lending Club (NYSE:LC) is seeking out new hires with traditional Wall Street cred.  Today the leading marketplace lending firm has hired not one, but two former Wall Street bankers. Lending Club has appointed Valerie Kay, formerly an MD with Morgan… Read More

August 24, 2016 @ 2:17 pm By Samantha Hurst  |  

On Wednesday, global crowdfunding platform Indiegogo offered some key advice to campaign organizers about the importance of communication, especially after the initiative successfully secure funds and close. The Indiegogo team revealed that while campaign is finished, the most important thing for organizers to do is… Read More

August 24, 2016 @ 10:53 am By JD Alois  |  

Solar Mosaic, usually just referred to as Mosaic, has raised over $40 million for working capital purposes according to a filing with the SEC.  The equity offer in Mosaic saw its first sale on August 4th with the sales managed by Guggenheim Securities in Manhattan…. Read More

August 23, 2016 @ 4:26 pm By Samantha Hurst  |  

Crowdcube #FundedClub member, LUMO, is set to return to crowdfunding platform Kickstarter to raise funds for three new products next month. The company took to its Twitter account to announced the big news on Tuesday. The countdown is on. New things coming your way on… Read More

August 23, 2016 @ 4:00 pm By Erin Hobey  |  

Before founding Kabbage, Rob Frohwein established, led and advised a number of successful businesses, including LAVA Group, U.S. Micro Corporation and Surgical Biologics. Additionally, he served in business development and legal capacities for ZapMedia and Security First Network Bank. The Villanova law and undergrad alum… Read More

August 23, 2016 @ 3:29 pm By Samantha Hurst  |  

On Thursday, the creators of the Indiegogo success, Con Man, will be releasing the web series new mobile game. This debut comes just a month after Alan Tudyk, and Nathan Fillion revealed they might consider doing a movie on the series within the series, Spectrum.  In 2015, Fillion and… Read More