Investment Platforms and Marketplaces

May 7, 2016 @ 2:27 pm By JD Alois  |  

Square, the point of sale payment system that many small business now use, reported Q1 earnings results this past week. Square co-founder and CEO Jack Dorsey delivered disappointing numbers as the first quarter loss jumped to $98 million up from the year prior number of… Read More

May 7, 2016 @ 11:37 am By JD Alois  |  

Beverly Hills-based Thunderbolt Studios is getting into investment crowdfunding. More specifically, Thunderbolt is in the process of launching a Title III funding portal having submitted their application to FINRA. The intent is to connect   individual investors to vetted, early stage startups and move venture… Read More

May 7, 2016 @ 11:21 am By Samantha Hurst  |  

This week, equity crowdfunding portal Crowdcube announced that it hosted PR workshop that was dedicated to its #FundedClub members. Luke Lang, Co-founder and CMO of Crowdcube, Teresa Horscroft, MD of Eureka Communications, and Steve Hemsley, experienced journalist and media trainer hosted the event, which is… Read More

May 6, 2016 @ 6:47 pm By JD Alois  |  

Radisson Mining Resources, a Quebec-based mineral exploration company, has closed the first tranche of a crowdfunding round on mining centric Red Cloud Klondike Strike. The gross proceeds were said to be just over $400,000. The net proceeds of the offering will be used for exploration and… Read More

May 6, 2016 @ 9:16 am By Samantha Hurst  |  

Marlette Funding, LLC, a marketplace for Best Egg unsecured personal loans, announced this week that it has appointed Prosper’s former COO and CRO, Josh Tonderys, as its new president. Prior to joining Prosper, Tonderys worked at Barclaycard US where he led their open market credit card… Read More

May 6, 2016 @ 8:34 am By Samantha Hurst  |  

Lendio, an online service that helps business owners find small business loans, announced on Friday its top 10 best states for small business lending. This list was created in celebration of National Small Business Week and is based on lending data from the platform, which… Read More

May 6, 2016 @ 8:33 am By JD Alois  |  

Rodrigo Niñ0, CEO of real estate crowdfunding platform Prodigy Network, recently spoke with Rishaad Salamat on Bloomberg’s “Trending Business” segment. Prodigy has raised over $370 million from their network of 6200 investors (as posted on the video below).  Nino, speaking from Singapore, explains they currently… Read More

May 6, 2016 @ 7:33 am By JD Alois  |  

CircleUp, an investment crowdfunding platform that targets early stage consumer product companies, has launched its second Marketplace Index Fund II.  The first Fund recently closed after raising $4.4 million.  There is a $25,000 minimum for investors. The concept of the fund is pretty simple. Participation… Read More

May 5, 2016 @ 2:05 pm By Erin Hobey  |  

CrowdDays, reportedly the largest event focusing on crowdfunding in Spain, is celebrating its second year. In 2015, there were events in both Madrid and Barcelona; this year, events will be held in the original cities as well as in Bilbao and Valencia that focus on crowdfunding… Read More

May 5, 2016 @ 12:18 pm By Samantha Hurst  |  

Next Tuesday, global crowdfunding platform Indiegogo will present 12 Things Crowdfunding Filmmakers Need For A Successful Campaign in New York City.  The funding portal stated: “Millions of creators have turned to crowdfunding over the last few years to bring their scripts to screens. Join Indiegogo’s Head… Read More

May 5, 2016 @ 11:54 am By Erin Hobey  |  

Online small business lending platforms OnDeck (NYSE: ONDK), Kabbage and CAN Capital – today announced the formation of the “Innovative Lending Platform Association,” which will focus on advancing small business online lending education, advocacy, and best practices.  Together the three founding companies have provided access to… Read More

May 5, 2016 @ 9:59 am By Samantha Hurst  |  

On Thursday, New Zealand crowdfunding platform, PledgeMe, announced that it has not only appointed one but two new members of its board of directors. The portal revealed that interim group executive of Direct Banking for Rabobank Australia and New Zealand, Melanie Templeton, will be stepping into… Read More

May 5, 2016 @ 9:42 am By Samantha Hurst  |  

Danae Ringelmann, co-founder of global platform Indiegogo, recently sat down with Inc. to discuss which crowdfunding project is in fact her favorite. During her interview, Ringelmann stated: “You know, I’m an underdog person. I always like rooting for the underdog, the crazy ideas, the ones… Read More

May 5, 2016 @ 9:37 am By JD Alois  |  

RateSetter has appointed Cyrille Sallé de Chou as its new Chief Risk Officer. Chou will be migrating over from Lloyds Banking Group where has been the Credit Risk Director of Mortgages. In that role, he was said to have overseen one of the largest loan… Read More

May 5, 2016 @ 7:29 am By JD Alois  |  

UK-based investment crowdfunding platform VentureFounders, has appointed two new executives to aid with platform growth. According to VentureFounders, platform users grew by 105% in the first quarter of 2016 alone. VentureFounders saw more than £726,000 invested via their platform during Q1. VentureFounders announced that Vanessa… Read More

May 4, 2016 @ 4:13 pm By JD Alois  |  

OneVest co-founder and Executive Chairman Alejandro Cremades has published an open letter criticizing the structure and requirements of Regulation CF under Title III of the JOBS Act.  Cremades notes that while the Act appeared promising back in 2012 when the final rules were announced his… Read More

May 4, 2016 @ 4:06 pm By Samantha Hurst  |  

On Wednesday, software global company, Progress, announced that is working with Rangle.io and Google to provide mico-lending platform, Kiva, better applications between its lenders and borrowers. Currently, Kiva’s community is reportedly made up of 1.4 million lenders that have crowdfund more than $2.5 million in loans… Read More

May 4, 2016 @ 3:29 pm By JD Alois  |  

In contrast to what we are hearing from some other online lending platforms, Lending Tree (NASDAQ:TREE) reported strong Q1 results this morning. Earnings per share (EPS) came in at $0.76 topping the Capital IQ consensus number of $0.74/share.  The top line number was $94.7 versus… Read More

May 4, 2016 @ 12:45 pm By JD Alois  |  

Online marketplace for asset-backed investments YieldStreet has raised $3.7 million in seed funding led by Expansion Venture Capital, Saturn Venture Partners, and other “strategic fintech angels.”  YieldStreet is operating under Title II of the JOBS Act that allows platforms to “generally solicit” their offers. According to… Read More

May 4, 2016 @ 10:27 am By Samantha Hurst  |  

In celebration of Mother’s Day, crowdfunding portal Indiegogo sat down with various “mom entrepreneurs” to discuss how they juggle motherhood while continuing to make products and organizations. The global platform declared: “This Mother’s Day, we’re going to do something different. Besides showing you all of… Read More