Investment Platforms and Marketplaces

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

May 16, 2016 @ 7:27 am By JD Alois  |  

GLI Finance has announced a proposed purchase of “certain interests in entities within the Sancus and BMS sub-groups of the Company.” GLI has entered into a conditional agreement and states it does not require shareholder approval to proceed with the acquisition but wanted to give… Read More

May 15, 2016 @ 6:54 pm By JD Alois  |  

WeFunder is one of a handful of crowdfunding platforms that have received regulatory approval to operate as a Title III (Reg CF) funding portal by May 16th launch. WeFunder is a big believer in the potential of Reg CF and what it can do for… Read More

May 14, 2016 @ 11:52 am By JD Alois  |  

Propel(x), an online investment crowdfunding marketplace for accredited investors, has decided to pass on Title III retail crowdfunding.  The decision to do so lines up with the other Title II platforms that have already said “no thanks.” In an email to Crowdfund Insider, Propel(x) CEO… Read More

May 13, 2016 @ 4:14 pm By Samantha Hurst  |  

BEART, a crowdfunding platform that is dedicated to artists, art institutions and art professionals, has recently launched a Seedrs initiative to raise £75,000 as it begins its expansion plans. The reward-based funding portal stated brings together artists, curators, gallerists, collectors, museums, foundations and other art world professionals… Read More

May 13, 2016 @ 12:27 pm By JD Alois  |  

Helsinki based Fintech firm Invesdor is expected to launch its self-crowdfunding round next week on May 17th.  Founded in 2012, Invesdor launched as an equity crowdfunding platform but has since expanded into other products and other markets. Today Invesdor offers both debt and equity for… Read More

May 13, 2016 @ 12:19 pm By Samantha Hurst  |  

Last week, Crowdfunder co-founder and CEO, Chance Barnett sat down at the Milken Global Conference to discuss crowdfunding platform’s growth and development over the years. Crowdfunder now provides unprecedented access, for both experienced institutional investors and everyday investors, to early-stage deals from many of Silicon Valley’s leading… Read More

May 13, 2016 @ 11:27 am By Samantha Hurst  |  

On Friday, global crowdfunding platform Indiegogo announced the top ten campaigns of 2016. This is very unusual considering it isn’t even half way through the year quite yet, but the website stated that it has seen so many unique initiatives that really, it was just time… Read More

May 13, 2016 @ 10:40 am By JD Alois  |  

Indie Crowd Funder, a platform designed to provide crowdfunding services for Hollywood professionals, has received FINRA approval to operate as a funding portal under Title III of the JOBS Act.  IndieCrowdFunder joins a growing list of platforms that have applied and since been approved to… Read More

May 13, 2016 @ 9:24 am By Samantha Hurst  |  

On Thursday,investment crowdfunding platform Symbid announced 2016 first quarter numbers. The website confirmed the total revenue was approximately $89,000 for three month period ending March 31, which is up by 21% versus the prior year period in 2015. Other first quarter highlights include: Over 82% of… Read More

May 13, 2016 @ 8:41 am By JD Alois  |  

Following the decision by the Bank of England to hold interest rates at 0.5%, SyndicateRoom CEO and co-founder Gonçalo de Vasconcelos made the statement that investors need alternatives in a historically low interest rate world. “In an environment of low-interest rates, Britons are looking for alternative… Read More

May 12, 2016 @ 1:08 pm By Samantha Hurst  |  

With Title III of the JOBS Act finally going into effect on May 16th, StartEngine has announced it has received approval from FINRA and the SEC to operate a Reg CF funding portal. Title III crowdfunding will join the other two variants of investment crowdfunding, Title… Read More

May 12, 2016 @ 10:56 am By Erin Hobey  |  

Curren$eek, a smartphone app that tells users where to find the best money-changer rates, won the Visa and Association of Islamic Banking Institutions Malaysia (AIBIM)’s Asean Fintech Challenge. The challenge was held in conjunction with the Global Islamic Finance Forum 5.0, to allow start-ups to… Read More

May 12, 2016 @ 10:52 am By Samantha Hurst  |  

Rob Love, chairman of Crowdfunder UK, sat down with Nick Ferrari from LBC Radio this week to discuss the reward-based crowdfunding platform’s involvement with Virgin Media Business’ Voom 2016 competition. The competition gives entrepreneurs and small and medium-sized businesses the opportunity to pitch their ideas to Sir… Read More

May 12, 2016 @ 10:48 am By JD Alois  |  

AngelList, the first equity crowdfunding platform in the US that allowed accredited investors the chance to gain access into early stage companies, is embracing Title III /Reg CF crowdfunding. AngelList is launching a new off-shoot cmopany labeled Republic to allow non-accredited investors the opportunity to… Read More

May 12, 2016 @ 10:07 am By Erin Hobey  |  

DreamFunded.com CEO Manny Fernandez announced an upcoming live equity crowdfunding event will take place in San Francisco on 7 July 2016. Anticipating “billions of dollars of capital” to be opened up for investment into startups and small businesses by over 240 million ordinary Americans,  Fernandez said, “I am excited to… Read More

May 12, 2016 @ 9:06 am By JD Alois  |  

LDF, pointing to data that indicates SMEs still struggle to raise growth capital, has launched lendinghive; a 24/7 asset backed funding solution for SMEs. LDF has been in business for quite a long time. Created in 1986, LDF was initially established as a credit brokerage… Read More