Investment Platforms and Marketplaces

May 18, 2016 @ 1:57 pm By Samantha Hurst  |  

  Following the announcement of PledgeMe.Lend’s first initiative’s upcoming launch, New Zealand’s crowdfunding platform PledgeMe explained the difference between its equity and lending platforms. As previously reported, co-founder and CEO of PledgeMe, Anna Guenther, announced the crowdfunding portal has received approved by the Financial Markets Authority (FMA) to… Read More

May 18, 2016 @ 11:52 am By Samantha Hurst  |  

With the annual Maker Faire set to held in San Francisco’s Bay area this weekend, Kickstarter announced on Tuesday its schedule for the widely popular event. The crowdfunding portal revealed that more than one hundred of its funded projects will be on display at the at the Maker Faire,… Read More

May 18, 2016 @ 10:54 am By Samantha Hurst  |  

Earlier this week, Beauhurst released its latest study on the equity investment into UK startups and high-growth companies. Although startup investments fell 44% in Q1 2016 compared with the same quarter in 2015, the research firm explained that total amount invested grew slightly to above £1bn in a… Read More

May 17, 2016 @ 3:28 pm By Samantha Hurst  |  

On Tuesday, equity crowdfunding platform TruCrowd announced that it has received approval from the FINRA to become a funding portal for Title III offerings. Under the Title III rules, which went into effect on Monday, the general public may now invest in capital raising by start-up… Read More

May 17, 2016 @ 2:18 pm By JD Alois  |  

The company that wants to upend the insurance industry, Lemonade, has announced its Board of Directors and shareholders has approved a decision to become a Certified B-Corporation. These for-profit companies are certified by the non-profit B Lab and must meet high standards of social and… Read More

May 17, 2016 @ 1:22 pm By Erin Hobey  |  

Bizfi, a FinTech platform that combines aggregation, funding and a marketplace for small businesses, announced its origination of more than $144M in financing to 3,605 small businesses in the first quarter of 2016, claiming a record in originations for any one quarter,  a 49 percent year-over-year increase over… Read More

May 17, 2016 @ 10:19 am By Erin Hobey  |  

 RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced today that the platform has closed an investment into a $21.6 million acquisition. The platform helped finance the acquisition of The Edison Apartments, a mid-rise multifamily property in Chicago, by Spirit Bascom Ventures,… Read More

May 17, 2016 @ 9:03 am By Erin Hobey  |  

With Title III regulations of the Jobs Act now in affect, FlashFunders saw the opportunity and officially relaunched as an equity crowdfunding platform. Now startups can now raise capital from the crowd, accredited, and global investors in a single round on the platform, offering crowd investment starting at $50.  The… Read More

May 17, 2016 @ 8:24 am By Samantha Hurst  |  

Helsinki based Fintech firm, Invesdor, announced on Tuesday it has opened its new equity offering. The company is seeking to raise €750,000 with a max of €1.5M as it prepares to its international position. Its previous offering successfully funded in just six days and achieved  €1 million from 143 investors,… Read More

May 17, 2016 @ 7:29 am By Samantha Hurst  |  

  On Tuesday, equity crowdfunding platform Crowdcube introduced its new funded company profiles. This new feature pull data from a variety of sources to enable investors to easily browse #FundedClub portfolios. Crowdcube’s product management director, Will Collins, stated the funding portal listened to the investors and businesses and… Read More

May 17, 2016 @ 7:04 am By JD Alois  |  

Lending Club (NYSE:LC) CEO Scott Sanborn has sent an open letter to investors regarding data integrity and the recent revelations regarding changes in loan data which occurred this past March. The lack of effective controls caused the downfall and ouster of co-founder and former CEO… Read More

May 16, 2016 @ 9:19 pm By Erin Hobey  |  

Lending Club (NYSE:LC)  received a federal grand jury subpoena last week, after founder and CEO Renaud Laplanche resigned from the board following an internal review of lending and financial practices. According to the P2P lender, $22 million in loans were sold to a single investor against “express instructions as… Read More

May 16, 2016 @ 2:51 pm By Samantha Hurst  |  

Ryan Feit, CEO of equity crowdfunding platform Seedinvest, has issued a letter about the new Title III of the JOBS Act rules, which just went into effect on Monday. Under the new rules, the general public may now invest in capital raising by start-up companies through crowdfunding…. Read More

May 16, 2016 @ 1:14 pm By Samantha Hurst  |  

On Monday, Seed Equity Ventures announced it is set to off offer investment crowdfunding deals to non-accredited investors on its platform as Title III rules go into effect. Under Title III rules, the general public may invest in capital raising by start-up companies through crowdfunding. CEO of Seed Equity Ventures,… Read More

May 16, 2016 @ 12:55 pm By Erin Hobey  |  

  Caps off to Title III!  As promised, WeFunder understood the potential of Reg CF and its opportunities for capital formation and entrepreneurship.  Operating an accredited crowdfunding platform since the fall of 2013 and then adding Reg A+ last year, Wefunder has helped fund 110 companies with over… Read More

May 16, 2016 @ 10:27 am By Samantha Hurst  |  

LendingUSA, a marketplace lender and provider of consumer point-of-need financing, announced on Monday it has appointed three new hires to its executive team. This news comes just a few months after the website named Mike Testa, former president of CareCredit, as its new president. Terry Silance and… Read More

May 16, 2016 @ 10:13 am By Erin Hobey  |  

As Chinese authorities continue their hunt for unregulated online lending and investment firms, more fraudulent fintech platforms are bound to be nabbed for unseemly and illegal behavior.  Today Bloomberg News reported the latest Ponzi scheme that separated 39.9 billion yuan ($6.1 billion) from 25,000 investors. Crowdfund… Read More

May 16, 2016 @ 9:10 am By Samantha Hurst  |  

On Monday, New Zealand’s peer-to-peer lending platform Harmoney announced that it has appointed current director David Flacks as its chair of the board and Stuart McLean will join the board as a director. According to the website, Flacks was named an independent director of Harmoney’s board just two… Read More

May 16, 2016 @ 8:59 am By JD Alois  |  

FundedByMe has opened a self-crowdfunding round seeking to raise a minimum €1 million.  The offer comes after FundedByMe received regulatory approval to become a publicly traded company by the Swedish Companies Registry Office. CEO and co-founder Daniel Daboczy stated; “With the force of more than 500… Read More

May 16, 2016 @ 7:42 am By JD Alois  |  

On the very day Title III / Reg CF crowdfunding kicks off in the United States, Jeff Lynn, CEO and co-founder of Seedrs – a leading UK based investment crowdfunding platform, called the securities exemption unworkable. Seedrs has previously stated its intent to expand into… Read More