Investment Platforms and Marketplaces

June 7, 2016 @ 2:14 pm By Samantha Hurst  |  

Nearly three years after launching its crowdfunding platform in the country of Canada, Kickstarter unveiled its current favorite Canadian projects. In September of 2013, the funding portal revealed its excitement of the Canadian launch by declaring: “We’re thrilled that Kickstarter is now available to creators in Canada…. Read More

June 7, 2016 @ 1:59 pm By JD Alois  |  

Lending Club (NYSE:LC) has filed an 8K with the Securities and Exchange Commission (SEC) indicating it has raised interest rates once again in response to the evolving marketplace.  According to Lending Club, “Effective June 7, 2016, Lending Club’s platform interest rates are increasing to boost… Read More

June 7, 2016 @ 11:12 am By Samantha Hurst  |  

Online lender to SMEs, OnDeck (NYSE:ONDK), announced on Tuesday it is expanding its Accountant Advisor Program after hiring of new accountant relationship managers in three locations: Louisville, Kentucky, Miami, Florida and Mobile, Alabama. According to OnDeck, the Accountant Advisor Program is a state-of-the-art referral platform helping accounting… Read More

June 7, 2016 @ 11:00 am By JD Alois  |  

LendingRobot is “doubling down” on Lending Club. As the largest marketplace lending platform in the US fights back to regain its sea-legs, Lending Robot, a provider of analytical tools for retail investors in marketplace lending assets is launching a new feature to improve investor returns. Despite… Read More

June 7, 2016 @ 9:11 am By JD Alois  |  

Crowdcube is Leading the Charge on Raising the €5 Million Cap as More Established Companies Pursue Crowdfunding for Growth Capital Crowdcube is the largest UK investment crowdfunding platform having raised over £168 million in 412 funding rounds. Active investors now number more than 286,000 individuals with… Read More

June 7, 2016 @ 8:52 am By Samantha Hurst  |  

On Tuesday, global crowdfunding platform Indiegogo announced it has formed a new partnership with Newegg. The tech-focused e-retailer will now offer order fulfillment and promotional support to select campaigns on the funding portal. Sharing details about the new collaboration, David Mandelbrot, CEO of Indiegogo, stated: “We’re thrilled… Read More

June 6, 2016 @ 8:36 am By JD Alois  |  

88 Delicious Brands Limited listed an offer on Crowdcube back in 2013. The crowdfunding round had raised a substantial amount of funding before Crowdcube pulled the plug and removed the campaign.  Crowdcube states that no funds were taken or transferred via their platform. Apparently Alan Colton Jr.,… Read More

June 6, 2016 @ 8:09 am By JD Alois  |  

Investment crowdfunding platform Growthdeck has announced it has raised £1 million in seven weeks of operation. The bulk of this amount came from Pinkster Gin. Growthedeck said that at ten weeks that number now stands at £1.5 million and is indicative of solid growth. Growthdeck… Read More

June 5, 2016 @ 10:37 am By JD Alois  |  

Kikka, an Australian online lending platform with a model similar to Kabbage, has received an equity investment from FlexiGroup Limited (ASX:FXL). FlexiGroup has purchased a minority stake for $2 million with an option to increase its ownership in the future. Flexigroup will also provide a… Read More

June 4, 2016 @ 4:35 pm By JD Alois  |  

  Invesdor, an investment crowdfunding platform based in Helsinki, is targeting substantial platform growth during 2016.  Their  vision is to become the leading next-generation financial service provider for investors and private growth companies.  As summer nears, Invesdor stated they had eight live investment offers and… Read More

June 3, 2016 @ 9:41 am By JD Alois  |  

Crowdcube was the first investment crowdfunding platform to launch in the UK. Since 2011, the site has grown quite a bit having helped to finance hundreds of companies raising more than £165 million in the process. During this time, Crowdcube has tweaked and adjusted its… Read More

June 2, 2016 @ 4:39 pm By JD Alois  |  

Paul Niederer, former CEO of ASSOB, has been appointed CEO of Wealth Migrate’ Australian agency. Wealth Migrate is a global real estate crowdfunding platform. Niederer is a well-known proponent of internet finance having traveled the world on behalf of ASSOB – an early pioneer of… Read More

June 2, 2016 @ 4:23 pm By Samantha Hurst  |  

On Thursday, Crowdcube announced the launch of Crowd10, a new initiative from the funding platform’s affiliate, IdeaSquares. The website stated that the program is seeking to support 10 of the region’s startups in raising up to £150,000 of Seed Enterprise Investment Scheme (SEIS) investment. Founder and CEO of IdeaSquares,… Read More

June 2, 2016 @ 2:36 pm By Erin Hobey  |  

Dukes of Hazzard beware. The White Bronco? No match for the MobileSpike. MobileSpike Technologies Inc., a law enforcement technology company, launched an $1 million equity crowdfunding campaign on FlashFunders to fund the production of its patented tire-deflation-stick technology. The MobileSpike is mounted on the front of police vehicles and allows police to disable fleeing… Read More

June 2, 2016 @ 10:36 am By Samantha Hurst  |  

On Thursday, KoreConX  announced its new program that helps equity and debt crowdfunding platforms go truly global by accessing China’s accredited investor base and companies in need of funding. The program, Going Global Solutions, provides portals with a feasibility study of the marketplace, recommendations regarding the legal and regulatory framework,… Read More

June 2, 2016 @ 9:17 am By JD Alois  |  

In a filing with the SEC under Reg D 506(c), investment crowdfunding platform SeedInvest indicated its intent to raise $7.5 million in a new funding round. The date of the first sale was listed as May 18th with $5.125 million equity sold and $2.375 million… Read More

June 2, 2016 @ 7:54 am By JD Alois  |  

RateSetter is reporting it has surpassed £250 million in lending to UK businesses.  The benchmark event comes after a series of recent business developments for the marketplace lender. According to RateSetter, participation by the British Business Bank, updated lending limits and a growing executive bench… Read More

June 1, 2016 @ 4:06 pm By Samantha Hurst  |  

Kickstarter announced on Wednesday that $500 million has been pledged to game projects on its crowdfunding platform. The funding portal stated: “Overall, more than 2 million people have backed Games projects on Kickstarter, successfully funding nearly 8,000 projects. And more games backers sign up every… Read More

June 1, 2016 @ 3:37 pm By Samantha Hurst  |  

On Wednesday, global crowdfunding platform Indiegogo introduced Collections, a new feature for its users. The funding portal stated: “Today, we’re debuting Collections, a new way to find campaigns that matter to you. Collections feature curated campaigns around topics you care about – whether that’s the latest tech… Read More

June 1, 2016 @ 2:23 pm By JD Alois  |  

Texas is one of the 30 states that pushed forward with an intrastate crowdfunding exemption while the federal exemption of Title III of the JOBS Act remained in the doldrums. Since Title III or “Reg CF” have kicked off in mid-May, there has been some… Read More