Investment Platforms and Marketplaces

May 22, 2016 @ 11:20 pm By JD Alois  |  

While the marketplace or online lending industry has been hammered recently with negative news, WSJ.com is reporting that Moody’s has delivered the highest rating possible for a new bond deal coming out of SoFi. According to the report, the most recent bond securitization deal merited a… Read More

May 22, 2016 @ 10:59 pm By JD Alois  |  

Singapore-based EthisCrowd has closed a S$500,000 seed round for their Islamic real estate crowdfunding platform.  The funding round may be the first of its kind in Southeast Asia. The new capital was led by Azmi Global, a subsidiary of Asmi & Associates – a top… Read More

May 22, 2016 @ 7:00 pm By JD Alois  |  

Jon Medved, founder and CEO of OurCrowd – an accredited crowdfunding platform, spoke to CNBC last week and addressed the launch of Title III or Reg CF crowdfunding. Medved, never one to mince words, stated there are certain problems with Reg CF, as it stands… Read More

May 22, 2016 @ 6:32 pm By JD Alois  |  

  There is a tidal wave of Asian money that wants to head to North America and diversify into different asset classes.  Yet Chinese officials have made it challenging for many individuals to move money out. DreameGGs is a relatively new platform that is seeking… Read More

May 22, 2016 @ 11:38 am By JD Alois  |  

  Co-founded by CEO Emmanuel Marot, LendingRobot is a Fintech company that provides powerful tools for the smaller investor interested in investing in Lending Club, Prosper and Funding Circle loans. Peer to peer lending has morphed into marketplace lending as institutional money poured in. Meanwhile LendingRobot… Read More

May 21, 2016 @ 6:31 pm By JD Alois  |  

WeFunder, the investment crowdfunding platform that launched with the most Title III offers out of the gate, has decided to “give away everything [they] do for free.” In an email to Crowdfund Insider, co-founder and CEO Nick Tommarello explained they want to help everyone get… Read More

May 21, 2016 @ 6:04 pm By JD Alois  |  

Investment crowdfunding platform SyndicateRoom is preparing to close its self-crowdfunding round tomorrow (May 22nd).  The offer was launched earlier this month seeking  £2.3 million in growth capital. The intended use of the proceeds are for business expansion as it readies to deliver its brand of internet finance to a… Read More

May 21, 2016 @ 1:35 pm By JD Alois  |  

The Confederation of British Industry (CBI) released data yesterday on the manufacturing sector of the UK economy. The report stated that overall orders improved a bit.  Excluding food and drink, the “output balance was stable” with the 17 other categories indicating “minimal improvement.” Rain Newton-Smith,… Read More

May 20, 2016 @ 3:05 pm By Samantha Hurst  |  

Organizers of the online lending conference, LendIt, announced on Friday that they have teamed up with P2P Finance Association to host the third annual conference, LendIt Europe 2016. The event will be held October 10th-11th, 2016 in London. LendIt stated that the european event will feature 150 speakers… Read More

May 20, 2016 @ 2:32 pm By Samantha Hurst  |  

On Friday, global crowdfunding platform Indiegogo announced that it has formed a new partnership with Arrow Electronics, a worldwide technology company that provides products and services to guide innovation. The funding portal revealed that this new partnership will help to create a groundbreaking new crowdfund-to-production platform aimed at accelerating… Read More

May 20, 2016 @ 1:04 pm By Samantha Hurst  |  

Following a series of unfortunate events, acting CEO of Lending Club (NYSE:LC) Scott Sanborn has offered relatively good news to the individual investor base. According to his recent letter, Sanborn stated that he is continuing to remain confident in the the lending platform as well as his team…. Read More

May 20, 2016 @ 10:53 am By Erin Hobey  |  

During the inaugural Crowdfunding Technology Showcase and Celebration in Washington, D.C., CrowdFund Intermediary Regulatory Advocates (CFIRA), Crowdfund Capital Advisors (CCA) and the Small Business & Entrepreneurship Council (SBE Council) presented Crowdfund Insider Co-founder and CEO Andrew Dix the “New Capital Markets Leadership Award” for Media. Crowdfund Insider, the leading… Read More

May 20, 2016 @ 10:05 am By Erin Hobey  |  

ET Index, a business helping investors maximise returns in a carbon constrained world, has linked with equity crowdfunding platform SyndicateRoom to complete a £1.1m investment round.  To date over £813,000 or 74% has been raised on the round, with £390,000 secured from the lead investor, a German Family… Read More

May 19, 2016 @ 6:51 pm By JD Alois  |  

Propellr, an accredited investment crowdfunding platform focusing on the real estate sector, has now registered as a broker-dealer.  Simultaneously, via a small group of existing investors, Propellr has raised $1.6 million in convertible debt.  Proceeds from the new funding will be utilized for business expansion… Read More

May 19, 2016 @ 1:18 pm By Samantha Hurst  |  

UK based investment crowdfunding platform Crowdcube has announced it has topped 400 successfully funded projects as of today. The milestone event came as Tyne Bank Brewery hurdled its funding target of £150,000 by closing with £213,320 raised from over 350 investors. Tyne was one of… Read More

May 19, 2016 @ 9:34 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 Thursday that it is helping various Canadian equity and debt crowdfunding platforms accept new investments by credit card. The company revealed that Canada is… Read More

May 19, 2016 @ 8:30 am By JD Alois  |  

UK peer to peer lender Zopa is moving into auto loan refinancing targeting a £12 billion used car loan market.  The new product is as significant expansion for the UKs largest P2P lender by loan volume as it seeks to diversify its offerings. Zopa is… Read More

May 18, 2016 @ 5:53 pm By JD Alois  |  

Lending Club (NYSE:LC) will remember May as the month from Hell as the hits just keep on coming. Following the forced resignation of founder and CEO Renaud Laplanche on May 9th due to loan irregularities, Lending Club has received a series of bad news. From… Read More

May 18, 2016 @ 3:58 pm By Samantha Hurst  |  

GoFundMe recently announced that it has formed a one year partnership with The Basketball Tournament (TBT), presented by Jack Link’s Protein Snacks. The duo is looking to launch a new fundraiser next month for Big Brothers Big Sisters organization. The organizations revealed that The Basketball Tournament will reserve the 16th… Read More

May 18, 2016 @ 3:48 pm By JD Alois  |  

Youngro Lee, CEO and co-founder of NextSeed, visited with Bloomberg this week to talk about his platform launching under the Title III / Reg CF rules. Asked if the new rules will be a “game-changer”, Lee states, “I think it can be.” NextSeed has been… Read More