Investment Platforms and Marketplaces

April 26, 2016 @ 12:53 pm By Erin Hobey  |  

RealtyMogul.com, one of the leading online marketplaces for real estate investing, announced the closing of a $1,000,000 equity investment in an industrial property in Glendale Heights, IL, within the Chicago metropolitan area. The sponsor for the acquisition is Clear Height Properties, a real estate investment and… Read More

April 26, 2016 @ 12:23 pm By Samantha Hurst  |  

On Tuesday, Millennium Trust Company announced it was expanding alternative investment access for advisors and individuals by adding five online investment platforms to its network, Millennium Alternative Investment Network (MAIN). Along with Lending Club, which joined late last month, these portals are EquityZen, iCapital Network, Prodigy Network, R.J. Oasis.  Millennium… Read More

April 26, 2016 @ 11:44 am By JD Alois  |  

Arguably the largest equity crowdfunding offer ever, BD Bacata raised over $150 million to finance the first skyscraper in Bogota, Colombia in decades.  It was real estate developer and real estate crowdfunding platform operator Rodrigo Niño who figured out the methodology to help finance the… Read More

April 26, 2016 @ 11:05 am By Samantha Hurst  |  

Peer-to-peer lender, China Rapid Finance, announced on Tuesday it has appointed Huaqiao (Joe) Zhang an independent non-executive director to its board. Previously, Zhang had served as an advisor to the website since August 2013. According to the lender, Zhang brings industry knowledge and experience after having spent more than… Read More

April 26, 2016 @ 10:14 am By JD Alois  |  

Great art isn’t made by committee–it’s made by empowering great artists (and then getting out of their way!). Legion M is looking to a wider audience of committed fans and investors to finance their vision of a new century media entertainment company. Launched this past… Read More

April 26, 2016 @ 9:16 am By Samantha Hurst  |  

On Tuesday, Tilt announced that it was making its official debut in Australia. This news comes nearly six months after the crowdfunding platform revealed it was preparing for its global launch. Tim Ryan, head of international at Tilt, stated: “Australia was the perfect market to launch… Read More

April 26, 2016 @ 8:43 am By JD Alois  |  

The leading French marketplace lending platform, Lendix, is closing a new funding round and longtime investor Partech Ventures has committed €3 million confirming its support of the online lender. The additional funding will be used to financeLendix’s expansion into the Spanish and Italian markets. Lendix also… Read More

April 26, 2016 @ 12:52 am By JD Alois  |  

Shariah-compliant crowdfunding platform Ethis hopes to raise up to S$ 1 million from executives participating in the Global Islamic Finance Forum (GIFF) being held in Kuala Lumpur May 10-12, 2016. EthisCrowd.com claims the title of the world’s first real estate Islamic crowdfunding platform.  Based in… Read More

April 25, 2016 @ 3:38 pm By JD Alois  |  

CoAssets (NSX:CAX), launched as a real estate crowdfunding platform in Singapore, has successfully raised capital online for an Australian SME, according to a report in the Australian Financial Review. In July of 2015, CoAssets became the first Southeast Asian investment platform to publicly trade shares… Read More

April 25, 2016 @ 2:49 pm By Samantha Hurst  |  

Crowd2Fund announced last week that it has launched a finance ISA app for savers and investors. According to the UK peer-to-peer lending platform, the iOS powered app allows savers and investors to build their ISA portfolio and manage existing investments more quickly and more efficiently than… Read More

April 25, 2016 @ 1:56 pm By JD Alois  |  

A new survey published today provides evidence that Angel investors are “not just in it for the money.” Propel(x), a San Francisco-based online investment platform, collaborated with Peter Thiel’s Breakout Labs, MIT Alumni Angels of Northern California and Innovation Node Los Angeles (part of the… Read More

April 25, 2016 @ 1:25 pm By Samantha Hurst  |  

Crowdfunding platform, RealtyShares, announced on Monday that it has appointed Arash Sotoodehnia as its new chief credit officer. Sotoodehnia will be responsible for managing RealtyShares’ risk analytic framework, policies and guidelines. He brings nearly two decades of experience in the financial services industry to the role, with… Read More

April 25, 2016 @ 12:40 pm By Samantha Hurst  |  

On Monday, Kickstarter announced it has teamed up with technology giant, Kodak for a new initiative to help creators who want to shoot their projects on motion picture film stock. The crowdfunding platform revealed that this partnership will provide creators with discounted film stock and support… Read More

April 25, 2016 @ 11:26 am By Samantha Hurst  |  

On Monday, marketplace lender CommonBond announced that it has completed its $150 million of student loans assets, which was co-led by Barclays and Goldman Sachs. Morgan Edwards, CFO of CommonBond, stated: “The strong reception in the capital markets to our second securitization is a further testament to the… Read More

April 25, 2016 @ 10:28 am By Samantha Hurst  |  

Yirendai Ltd. (NYSE: YRD), an online consumer finance marketplace in China, announced on Monday the completion of issuance of RMB 250 million asset-backed securities (“ABS”). Last month,  Yirendai announced this week it will be considered as the first online consumer finance marketplace in China facilitating consumer loan products with the… Read More

April 25, 2016 @ 9:00 am By JD Alois  |  

    Over the past several months there have been rumblings about impending change at real estate crowdfunding platform Patch of Land.  Following a significant staff reduction, where several well known Patch of Land employees were let go, industry chatter picked up as to what… Read More

April 25, 2016 @ 8:01 am By JD Alois  |  

Last year Goldman Sachs revealed its intent to push into the marketplace / peer to peer lending sector. While a growing number of traditional financial firms are partnering with more agile, fintech startups – Goldman decided to strike out on their own. This past week,… Read More

April 24, 2016 @ 4:16 pm By Barry James  |  

    What defines crowdfunding now – and in the future? Danae Ringelmann commenced a quest to redefine and redesign funding with an entrepreneurial journey that began in 2001. She has been a driving force behind the team that co-founded and launched the first of the… Read More

April 24, 2016 @ 10:57 am By JD Alois  |  

Leading investment crowdfunding platform OurCrowd has registered its 6th successful exit as portfolio company Crosswise has been purchased by Oracle. The transaction was revealed in Israeli media on April 15th revealing that Oracle paid $50 million for the “machine learning based cross-device data” company.  The transaction… Read More

April 23, 2016 @ 3:02 pm By JD Alois  |  

Commerzbank, the  second largest bank in Germany, is intending on launching their own peer to peer lending platform. While many traditional banks are seeking partnerships with disruptive financial firms, it appears that Commerzbank has decided to take a path less traveled and strike out on… Read More