Investment Platforms and Marketplaces

June 1, 2016 @ 12:31 pm By Samantha Hurst  |  

On Wednesday, director of editorial operations at music news/publication website Pitchfork, Brandon Stosuy, announced that he has accepted a new position at crowdfunding platform, Kickstarter. Stosuy took to his Twitter account and revealed after thirteen years at Pitchfork, he was moving on. The actual news: I’m… Read More

June 1, 2016 @ 10:22 am By Samantha Hurst  |  

RealtyMogul.com announced on Wednesday the closing of five recent transactions, which includes four equity investments in commercial properties as well as an equity raise for a residential real estate fund. The platform revealed that its investors have funded $7.5 million through these opportunities, helping to finance multifamily,… Read More

May 31, 2016 @ 6:28 pm By Erin Hobey  |  

US Fintecher ChimpChange aims to raise $15M in its Australian IPO offering, according to The Australian. “The stock is expected to begin trading on the Australian ASX on a deferred settlement basis on June 30,” reported The Australian, “planning to issue 18.75 million shares at 80¢ apiece to… Read More

May 31, 2016 @ 4:04 pm By JD Alois  |  

  Prodigy Network is one of the largest entrants in the real estate crowdfunding sector within the US.  To date, Prodigy has raised approximately $160 million for its portfolio of property located in New York City.  What is unique about Prodigy is the fact it… Read More

May 31, 2016 @ 12:21 pm By Samantha Hurst  |  

On Tuesday, reward-based platform Crowdfunder UK announced it has formed a partnership with Cavendish Enterprise, an association made up of  business support agencies that work together across England to help the country’s start-ups and growing businesses. The duo is set to offer key crowdfunding advice and support to… Read More

May 31, 2016 @ 11:22 am By JD Alois  |  

FundedByMe has topped its minimum funding goal, according to co-founder and CEO Daniel Daboczy.  In an email, Daboczy stated their crowdfunding for equity hit 102% in 2 weeks. 231 investors will join this round. “We have decided to allow for overfunding and let the round run its… Read More

May 31, 2016 @ 10:33 am By JD Alois  |  

It was reported earlier this month that billionaire Tianqiao Chen, founder of Shanda Interactive Entertainment, had taken a significant stake in Lending Club (NYSE:LC).  Shares of Lending Club have cratered since the resignation of former CEO Renaud Laplanche. The move by Chen appeared to be an… Read More

May 31, 2016 @ 9:44 am By Samantha Hurst  |  

KoreConX, a free all-in-one solution that is disrupting the market by helping companies navigate the equity crowdfunding process and reduce risk, announced on Tuesday that it has teamed up with Canadian ID verification company, Trulioo, to help reduce money laundering and fraud on equity crowdfunding platforms…. Read More

May 31, 2016 @ 9:02 am By Samantha Hurst  |  

On Tuesday, real estate crowdfunding platform CoAssets (NSX:CAX) announced it is expanding its operations by opening a second office in Singapore. This news comes just a couple months after the portal revealed details about its Australia expansion. Co-founder and CEO of CoAssets, Getty Goh, stated: “A series… Read More

May 31, 2016 @ 8:01 am By JD Alois  |  

SyndicateRoom has published results of a survey on the potential impact of a Brexit and their numbers indicate £2 trillion of assets will be at risk if the UK decides to leave the EU. SyndicateRoompolled more than 3000 individuals who have invested in private companies… Read More

May 29, 2016 @ 7:44 pm By JD Alois  |  

Shares in Lending Club (NYSE:LC) jumped last week as chatter popped up in a report in WSJ.com that Citigroup may be purchasing, or perhaps providing financing, for their loans.  This is the second round of positive news as it was recently revealed that Chinese billionaire Tianqiao… Read More

May 29, 2016 @ 11:59 am By JD Alois  |  

The peer to peer lending industry in India has been slow to evolve in contrast to many other nations. Yet India is the second most populous country with more than 1.2 billion people and is the most populous democracy in the world. The opportunity for… Read More

May 27, 2016 @ 9:40 am By Samantha Hurst  |  

This week, equity crowdfunding platform Seedrs, announced that it was offering a new incentive to those who see and share its latest ads on the Tube or overground. The UK portal stated: “Spot one of the Seedrs large format posters on the London Tube or on… Read More

May 27, 2016 @ 8:13 am By JD Alois  |  

The Trustbuddy bankruptcy saga has been a challenging affair for the entire peer to peer lending industry – not to mention the beleaguered investors who lost money in the process. Today it appears that Trustbuddy is closing the door on another chapter of its rise… Read More

May 27, 2016 @ 12:02 am By JD Alois  |  

Actors & Artists Agency, described as one of the fastest growing full-service entertainment industries, has formed a partnership with investment crowdfunding platform Indie Crowd Funder.  The arrangement seeks to provide Actors & Artists filmmakers access to both accredited and non-accredited investors.  The deal will also… Read More

May 26, 2016 @ 2:23 pm By Erin Hobey  |  

Add Esudai to a growing list of fraudulent Chinese P2P lending platforms that are being shut down by the Chinese government.  Today Reuters reported that police in the Huizhou, Guangdong province, had detained 13 executives including legal representative and chairman Jian Huixing from the Guangdong Huirong… Read More

May 26, 2016 @ 1:50 pm By Erin Hobey  |  

Bioprognos, a Barcelona-based biotech company that seeks to improve both clinical outcomes and quality of life for cancer patients ―as well as other diseases (cardiovascular, neurological or endocrine)― through the development of innovative tools for non-invasive, accurate detection from biomarkers found in a simple blood… Read More

May 26, 2016 @ 12:31 pm By Erin Hobey  |  

Just in time for graduation, Lenny, an app that offers credit lines to Millennials, announced a partnership with FICO (NYSE: FICO) to provide students and post-grads with their FICO® Score, the standard measure of consumer credit risk.  Founded in 1956 and based in Silicon Valley, FICO is leader in the… Read More

May 26, 2016 @ 9:43 am By Samantha Hurst  |  

Backed, Inc., an online lending platform for personal loans, announced on Thursday that it has appointed Tal Yatsiv as its new CEO. Yatsiv joins the company having formerly been the CEO of Aniboom and a vice president of equity derivatives at J.P. Morgan. Yatsiv stated: “I’ve been truly impressed… Read More

May 26, 2016 @ 9:00 am By Samantha Hurst  |  

Lendio, a marketplace for small business loans, announced on Wednesday that is has joined GoDaddy marketplace to support the funding needs of more than 14 million small businesses and entrepreneurs. According to Lendio, by joining GoDaddy, the company will not only increase its reach and… Read More