Investment Platforms and Marketplaces

April 22, 2016 @ 3:59 pm By JD Alois  |  

Lending Works, a UK-based peer to peer lender, has surveyed its investor base and concluded that a solid percentage of registered users intend on using the new Innovative Finance ISA (IF ISA). According to their data, 89% of respondents indicate they will use the retirement… Read More

April 22, 2016 @ 3:53 pm By Samantha Hurst  |  

On Friday, real estate crowdfunding platform, Wealth Migrate, announced that it was officially opening its new Shanghai office, which will be located in the Pudong Pilot Free Trade Zone district.  Wealth Migrate China CEO, Aling Gong, declared that the Shanghai opening is considered a milestone for the crowdfunding movement… Read More

April 21, 2016 @ 5:16 pm By JD Alois  |  

Fundrise has “paused” offering new stand-alone real estate investment opportunities to focus on their ongoing eREIT offer.  The pivot in strategy was first uncovered by the Real Deal (TRD) that noted Fundrise had ditched its traditional crowdfunding focus. While Fundrise has been actively listing new investments… Read More

April 21, 2016 @ 2:23 pm By Samantha Hurst  |  

On Thursday, marketplace lender for small business loans, Bitbond, announced that it has joined the SME Finance Forum. This membership will help the company exchange SME knowledge with other financial institutions.  Bitbond reportedly provides inclusive microfinance on a global scale. It has over 1,200 loans with borrowers… Read More

April 21, 2016 @ 12:33 pm By Erin Hobey  |  

Fitness App Mammoth Hunters second crowdfunding raise in eight months on  Crowdcube Spain has proven successful, having overfunded with nine days remaining on its campaign.  The customized training and nutrition app motivates users to change their habits and live a healthier life, offers services comparable to a personal nutritionist… Read More

April 21, 2016 @ 12:00 pm By Therese Torris  |  

Lendix, the lending marketplace that recently become number 1 in SME marketplace lending in France, announced that it has acquired crowdlending platform Finsquare. This first instance of consolidation in the French market certainly is not the last. This acquisition illustrates four trends and issues in… Read More

April 21, 2016 @ 11:14 am By Erin Hobey  |  

Neil Mullane has joined Funding Circle’s business development team after heading Barclay’s  business and corporate banking, supporting small businesses with a £250,000 to £25 million turnover. Mullane brings eight years of experience in commercial finance, and will play an active role in continuing to build the intermediary channel. “It’s an… Read More

April 21, 2016 @ 10:23 am By JD Alois  |  

Seedrs CEO and co-founder Jeff Lynn has been very vocal on the topic of the UK departing from the European Union.  The “Brexit” referendum is scheduled to take place on June 23rd but predictions are mixed as to whether voters will decide to remain part… Read More

April 21, 2016 @ 9:36 am By JD Alois  |  

Lending Club (NYSE:LC) has hired former McKinsey & Company partner Sameer Gulati as Chief Operations Officer. Simultaneously Scott Sanborn has been promoted to President. Both executives will continue to report directly to CEO Renaud Laplanche. Gulati was previously leader of McKinsey’s Digital Banking practice. As… Read More

April 21, 2016 @ 9:13 am By Samantha Hurst  |  

Honeyfund, a crowdfunding platform dedicated to honeymoons, announced on Thursday that not only is it celebrating its 10th birthday, it is also debuting its new mobile app. The crowdfunding portal’s history reads: “Honeyfund was launched in 2006 after founders Sara and Josh Margulis discovered their own wedding… Read More

April 21, 2016 @ 8:04 am By JD Alois  |  

“Europe’s global real estate investment platform,” Brickvest, is claiming strong early traction only two months after launch. According to information provided by the company, Brickvest has quickly raised £1 million closing two oversubscribed offers for two German “institutional grade” offers. Brickvest states it now has over 1,120… Read More

April 20, 2016 @ 5:11 pm By JD Alois  |  

The largest marketplace lending platform in the US, Lending Club (NYSE:LC), has filed an 8-K with the SEC notifying interested parties that both interest rates and loss projections are being updated. According to the document, as of today (April 20, 2016) loan loss projections are… Read More

April 20, 2016 @ 2:28 pm By Samantha Hurst  |  

On Wednesday, crowdfunding platform for causes, Razoo, announced it has decided to expand into personal fundraising. Razoo declared that now everyone can use may use its platform for various projects that range from personal to medical bills. It also stated that all fees will be… Read More

April 20, 2016 @ 11:26 am By Samantha Hurst  |  

On Wednesday, China Rapid Finance Limited announced that an investment by global private equity firm Broadline Capital in the company was honored as “Technology Deal of the Year” at the 2016 International Financial Forum’s 8th Annual International M&A Awards. This event recognizes excellence in deal-making and celebrate the… Read More

April 20, 2016 @ 11:14 am By JD Alois  |  

  Small Change is a real estate crowdfunding platform with big ambitions. Launched by urban evangelist Eve Picker, the Pittsburgh-based operation seeks to fund “transformational” real estate projects by connecting developers with investors.  Individual investors gain entry into an asset class that is otherwise difficult… Read More

April 20, 2016 @ 10:42 am By Samantha Hurst  |  

Crowdfunding portal for cannabis and digital startups, CrowdGather, Inc. (OTCQB:CRWG), announced on Tuesday corporate restructuring including the recent sale of CrowdGather’s gaming subsidiary, Plaor, Inc, as well as an agreement with its creditor, Iconic Holdings. CrowdGather reports that it will begin a negotiated conversion at a fixed… Read More

April 20, 2016 @ 9:47 am By Samantha Hurst  |  

On Wednesday, peer-to-peer lending platform, Crowdstacker, released data that suggested government reforms how British consumers should save and invest. Crowdstacker offers P2P investment opportunities backed by British businesses that are said to have a good track record or are able to offer security. Crowdstacker assures that… Read More

April 20, 2016 @ 8:49 am By JD Alois  |  

Trillion (formerly Trillion Fund), has announced a hosted investment crowdfunding service called “Your Brand Crowdfunding”  to empower businesses to engage customers directly in raising debt or equity capital. Trillion pivoted away from its original intent of being an investment crowdfunding platform for renewable energy projects…. Read More

April 19, 2016 @ 11:56 pm By JD Alois  |  

The largest bank in South East Asia, DBS, has signed an agreement with two peer to peer lending platforms to refer small business loans the bank turns away.  MoolahSense and Funding Societies will now become a service provider for the far larger bank. Simultaneously, both… Read More

April 19, 2016 @ 2:50 pm By Samantha Hurst  |  

While its equity crowdfunding campaign was held on Crowdcube, WITT Energy reportedly received some support from reward-based platform, Crowdfunder UK. Last month, the company launched the initiative to secure £750,000 for its patented fully scalable innovative energy harvesting system. During its first week on the equity crowdfunding platform, the UK tech company… Read More