Investment Platforms and Marketplaces

July 6, 2016 @ 6:44 pm By Therese Torris  |  

When Lending Club, as the worldwide leader in P2P/marketplace lending and, for that matter, in the entire global crowdfunding market, runs into trouble, it is bound to send ripples way beyond its home market, the United States. And it does. The fast emerging French crowdlending… Read More

July 6, 2016 @ 4:14 pm By Samantha Hurst  |  

Equity crowdfunding platform TruCrowd announced on Wednesday it has appointed former 1871 senior vice president, George Vukotich, Ph. D., as its new chief operating officer (COO). Vukotich is notably co-founder of TruCrowd and was recently appointed by State of Illinois Governor Bruce Rauner to the Board of Trustees… Read More

July 6, 2016 @ 1:36 pm By Samantha Hurst  |  

Crowdfunding giant Kickstarter is set to host its 2016 Summer Festival at the Fort Greene Park in Brooklyn later this month. The event’s description reads: Celebrate creativity at the Kickstarter Summer Festival, a free event featuring art, food, games, and more from the Kickstarter community. Join… Read More

July 6, 2016 @ 10:31 am By JD Alois  |  

Fintech startup NeoGrowth has raised its largest funding round to date. This is according to a report by the company. Based in Mumbai, NeoGrowth will provide access to credit for small and medium-sized retailers across India. NeoGrowth has now raised $35 million (or INR 225… Read More

July 6, 2016 @ 10:11 am By Samantha Hurst  |  

On Tuesday, SeedInvest CEO and co-founder, Ryan Feit sat down with Jason McCabe Calacanis on This Week in Startups to share details about his involvement in passing the JOBS Act and his work on the Title III rules (which went into effect on May 16th). The discussion’s… Read More

July 6, 2016 @ 8:14 am By JD Alois  |  

LendInvest has appointed Mike Nuttall to be the company’s first VP of Engineering. Nuttall was most recently at Moo but previously led tech teams at FanDuel, Doctors.Net.Uk and MedicAnimal. The new hir was described as part of LendInvest’s effort to scale up the technology side of the… Read More

July 5, 2016 @ 9:40 pm By JD Alois  |  

Avant, an online lender, has offered the option for buyouts to all 760 of the company’s employees. It was not clear how many Avant employees would accept the offer. The news is a painful reminder that online lending is still struggling to regain its footing… Read More

July 5, 2016 @ 5:16 pm By JD Alois  |  

ASMX Sets Out to Tame “Wild West” of Reg A+. ASMX Capital is a “one stop shop” for Reg A+ funding. Founded by Wes Johnson and David Dobkin, the duo envisions a platform that provides a full suite of advisory services for smaller companies seeking… Read More

July 5, 2016 @ 4:39 pm By Samantha Hurst  |  

Leading UK based investment crowdfunding platform SyndicateRoom was named Alternative Finance Provider of the Year at the 2016 High Potential Business Awards, which took place in London on June 22nd and celebrated the achievement outstanding growth businesses, along with the advisors and financiers that support them. “This award… Read More

July 5, 2016 @ 3:56 pm By Samantha Hurst  |  

Just a little over a week after the UK voted to depart from the European Union (EU), Lending Works offered pension advice to the country’s retirees (or soon to be) following the surprising decision. The peer-to-peer lending platform shared: “Less than a week in, and the… Read More

July 5, 2016 @ 1:03 pm By Samantha Hurst  |  

On Tuesday, crowdfunding platform for music, PledgeMusic, announced that it has formed a partnership with the Outlaw Roadshow, which is described as a traveling music showcase and festival destinations for music lovers. The Outlaw Roadshow was created by Counting Crows frontman, Adam Duritz and Boston… Read More

July 5, 2016 @ 12:33 pm By Samantha Hurst  |  

This past weekend, equity crowdfunding platform Crowdcube unveiled a new infographic/video that highlighted its 2016 first and second quarter successes. The funding portal stated: “As we hit the end of Q2 2016, we thought it was high time we had a review of what’s been… Read More

July 4, 2016 @ 12:38 pm By Samantha Hurst  |  

Crowdcube is raising more money and this time they are going big. In their last funding round, Crowdcube raised £1.2 million in a crowdfunding round alongside a £3.8 million investment from Balderton.  With this funding round, they are filing a prospectus meaning they can hurdle… Read More

July 4, 2016 @ 12:16 pm By JD Alois  |  

Collaboration and investment platform Fundnel is hosting the first Supply Chain Asia Hackathon Bootcamp in Singapore amidst a “manpower crunch.” The event is described as being in line with Singapore’s Smart Nation initiative designed to increase the adoption of technology in Supply and Logistics, one… Read More

July 4, 2016 @ 12:00 pm By Therese Torris  |  

Aviva France, together with two partners, alternative asset management firm Eiffel Investment Group and insurer AG2R La Mondiale, is launching an investment fund called “Prêtons Ensemble” (Lending together) dedicated to financing loans to small and medium-size enterprises (SMEs) provided through crowdlending platforms. Starting with an… Read More

July 3, 2016 @ 12:17 pm By JD Alois  |  

Global investment crowdfunding platform OurCrowd has launched a new fund targeting the early stage sector in Australia. The fund, labeled “Our Innovation Australia Fund” is an  early stage venture capital limited partnership (ESVCLP) that will benefit from capital gains and tax programs associated with investing in… Read More

July 3, 2016 @ 11:42 am By JD Alois  |  

Fig, the game crowdfunding platform, has updated the status of its Reg A+ filing with the SEC. The hybrid funding platform has been working to gain approval of their securities offer and has recently filed an updated Form 1-A with the SEC seeking approval to… Read More

July 2, 2016 @ 10:33 am By Samantha Hurst  |  

On Thursday, petition website Change.org announced the launch of its new crowdfunding features. This news comes just after the website confirmed it has surpassed 150 million users worldwide. Ben Rattray, CEO and founder of Change.org, stated it will now allow users to raise funds for topics they are… Read More

July 1, 2016 @ 5:20 pm By JD Alois  |  

Real estate crowdfunding platform Prodigy Network had a great June. In a communication to investors, Prodigy said June was one of the most successful in their history having completed the acquisition of The Assemblage / 25 street – their fourth New York City project.  They… Read More

July 1, 2016 @ 12:18 pm By Samantha Hurst  |  

On Friday, Crowdcube released a new introduction video that reveals the best parts (stats, #FundedClub members, etc.) of its crowdfunding platform. This new clip comes just days after the website announced it was named 2016 Ernst and Young Entrepreneur of the Year for the London and… Read More