Investment Platforms and Marketplaces

July 18, 2016 @ 2:00 am By JD Alois  |  

MarketInvoice has announced raising £7.2 million in a funding round led by MCI.TechVentures Fund of MCI Capital, a listed Polish private equity group. Existing investor NorthZone also participated in the round. Along with the investment, Sylwester Janik of MCI Capital will be joining the Board… Read More

July 17, 2016 @ 10:54 pm By JD Alois  |  

Crowdcube is poised to launch the largest equity crowdfunding round ever on their platform and it is for their own company.  Indications of interest have grown steadily during the past week. At last report, approximately £50 million has been registered online by investors who have… Read More

July 17, 2016 @ 6:00 pm By JD Alois  |  

FundedHere, a licensed crowdfunding platform based in Singapore that targets start-ups in Southeast Asia and Greater China, has announced it will be assisting SGX listed companies to raise capital via short-term bonds of up to S$5 million each.  FundedHere was the first crowdfunding platform to… Read More

July 17, 2016 @ 10:09 am By JD Alois  |  

Crowdcube, the UKs largest investment crowdfunding platform by amount of capital raised, will launch its most recent self-crowdfunding round this coming Tuesday (July 19th) at 12Noon GMT.  To drum up support, Crowdcube is registering “expressions of interest” and to date, Crowdcube has tallied £50 million… Read More

July 16, 2016 @ 1:43 pm By JD Alois  |  

Timothy Li of Kuber Financial and Tang Loaec of P2PConnect have joined together to create a new “P2P insurance JV” designed to bring “risk sharing” to American users. This is according to information provided by Li stating the pair decided to form a joint venture to… Read More

July 16, 2016 @ 8:50 am By JD Alois  |  

Moody’s confirmed ratings on securities backed by pools of unsecured consumer installment loans originated by Prosper. The bonds which were sold by Citigroup got hit by a downgrade warning earlier this year. Moody’s has now removed the warning in a rating action this past Thursday. According to… Read More

July 15, 2016 @ 5:12 pm By JD Alois  |  

Creditexchange, an online lending platform, has raised $500,000 in seed funding. Kuber Financial participated in the funding round but did not disclose exact terms. Creditexchange, described as India’s first hybrid consumer loan platform and institutional marketplace, will originate loans where institutional investors may co-invest in… Read More

July 15, 2016 @ 11:58 am By JD Alois  |  

WeFunder, an investment crowdfunding platform, has quickly jumped out of the gate to become the leading listing site for Reg CF issuers. Someone recently asked Crowdfund Insider how WeFunder was sourcing so many deals. WeFunder explained they are mainly finding companies the “old-fashioned way”, face to… Read More

July 15, 2016 @ 11:43 am By Samantha Hurst  |  

Less than a day after Crowdcube revealed it £39 million in investor interest for its self-running crowdfunding campaign, the funding platform stated four of its #FundedClub members have announced their support for the upcoming initiative. Crowdcube initially set the bar at £5 million. The website… Read More

July 15, 2016 @ 11:18 am By JD Alois  |  

Orchard Platform is growing. So much so they have leased a lot more Manhattan space. Announced this week, Orchard is upgrading from the 7,000 square foot office space at 101 Fifth Avenue, to a 26,242 square foot space by taking over two floors of 386… Read More

July 15, 2016 @ 8:24 am By JD Alois  |  

Recently launched crowdfunding platform, Downing Crowd, an offshoot of London-based VC firm Downing, is finding success with its new platform. Powered by Edinburgh-based ShareIn, Downing Crowd has closed its second deal in two days raising a total of £3.2 million.  According to information provided by… Read More

July 14, 2016 @ 1:02 pm By Samantha Hurst  |  

In order to help organizers launch their crowdfunding campaigns, Kickstarter unveiled details about its project review process. The funding portal stated the purpose of this process to make sure each project is suitable for its community.  “We check to make sure that each project falls into one… Read More

July 14, 2016 @ 10:55 am By Samantha Hurst  |  

Crowdcube is queuing up for a self-crowdfunding round and this may end up being the largest investment crowdfunding round ever. Crowdcube initially set the bar at £5 million but apparently, this was a bit too low as investors have blitzed the Crowdcube platform to register… Read More

July 14, 2016 @ 10:25 am By Samantha Hurst  |  

On Thursday, real estate crowdfunding platform iFunding announced it has secured $6.2 million in total financing for the recapitalization and renovation of a 26-unit, 6-story residential building in Asbury Park, New Jersey over the past nine months. iFunding revealed it originally provided acquisition financing totaling $2.85… Read More

July 14, 2016 @ 9:19 am By Samantha Hurst  |  

Peer-to-peer lending platform Funding Circle announced this week it has appointed former CEO of Nomura International and EMEA, Jeremy Bennett as its new global chief financial officer.  According to Funding Circle, Bennett has more than thirty years of experience in financial service industry, working for Credit Suisse,… Read More

July 13, 2016 @ 2:07 pm By Samantha Hurst  |  

Small business lending platform Lendio announced on Wednesday it is set to join industry leaders as an early engagement participant in supporting the model small business lending disclosure called the SMART (Straightforward Metrics Around Rate and Total cost) Box, which was developed by members of the… Read More

July 13, 2016 @ 12:04 pm By Therese Torris  |  

  Germany’s leading lending marketplace auxmoney reports continued strong growth. Loan volume increased from €39.3 million in the first half of last year to €79.5 million in the first half of 2016 ‒ an increase of more than 100%. Founded in 2007, by Raffael Johnen,… Read More

July 13, 2016 @ 11:47 am By Samantha Hurst  |  

This week, London-based real estate crowdfunding platform, Property Partner, has reportedly laid off 29% (13) of its employees. According to Business Insider, the recent cuts have taken Property Partner’s employee headcount from 44 to 31. The funding portal revealed that the decision was made as… Read More

July 12, 2016 @ 8:44 pm By JD Alois  |  

Online SME lending platform Bond Street has announced today that it has hired Ben Solomon to lead their capital market strategy. Solomon is the former Global Head of Securitized Products Trading at Deutsche Bank. As marketplace lending platforms become more sophisticated and depending on multiple… Read More

July 12, 2016 @ 8:15 pm By JD Alois  |  

German investment crowdfunding platform Companisto has launched its self crowdfunding round, presently only available to registered users or “companists”. Management described the initiative as “another chapter in [their] company’s history.” Details of the offer were not immediately available as all information was only available to… Read More