Investment Platforms and Marketplaces

March 13, 2016 @ 4:45 pm By JD Alois  |  

Real estate crowdfunding platform Patch of Land has updated their product offerings with a mid-term loan option.  The new financing vehicle is designed to provide financing for 2 to 5 years with rates commencing at 6%. Financing is for both purchases and refis. Previously the… Read More

March 12, 2016 @ 2:22 pm By JD Alois  |  

Lending Loop launched its peer to peer lending platform in Canada last year. In the fall, Lending Loop stated that Dentons would assist in “full compliance with all applicable provincial and federal regulations”. Today, Lending Loop is on pause as it works things out as it… Read More

March 12, 2016 @ 11:52 am By Samantha Hurst  |  

On Friday, crowdfunding giant Kickstarter announced details about its presence at the 2016 SXSW Film Festival, which is being held in Austin, Texas. The Kickstarter crew revealed: “South by Southwest takes over Austin, Texas March 11–20, and we’ll be there with bells on. Here’s a… Read More

March 12, 2016 @ 9:52 am By JD Alois  |  

Investment management company Downing has formed a partnership withScotland based ShareIn to launch a crowdfunding platform targeting advised clients. The initiative was inaugurated with a crowdfunded bond offer that was tested with a small number of intermediaries. According to Downing, the offer registered pledges of… Read More

March 11, 2016 @ 10:57 am By Samantha Hurst  |  

Earlier this month, crowdfunding platform NakedWines was named winner of a Gold Stevie Award for Innovation in Customer Service at the tenth annual Stevie Awards for Sales & Customer Service. The awards were presented to honorees during a gala banquet on Friday, March 4 at… Read More

March 11, 2016 @ 9:54 am By Samantha Hurst  |  

With the 2016 SXSW Film Festival set to kick off in Austin, Texas today, global crowdfunding platform Indiegogo announced that 13 lucky films have selected for the famous annual event. Indiegogo noted that the projects being presented at SXSW include first-person shooter action film, HARDCORE HENRY… Read More

March 11, 2016 @ 9:15 am By Samantha Hurst  |  

On Friday, CoAssets (NSX code: CAX), a Singapore-based crowdfunding platform, announced it was kicking off its Australia operations. The company will commence, through its Australian subsidiary, business crowdfunding in the June quarter, in addition to real estate crowdfunding. CoAssets revealed that while it has already been able… Read More

March 11, 2016 @ 8:22 am By JD Alois  |  

Estonia-based Bondora, a marketplace lending platform, has now surpassed € 1 million in loans processed via their site. Out of these applications € 150 million in loans have been approved and investors have funded over € 52 million. Bondora CEO and co-founder Pärtel  Tomberg commented on topping the… Read More

March 10, 2016 @ 11:58 pm By Joe Whitwell  |  

SyndicateRoom pioneered the “investor-led” crowdfunding model in the UK. The brainchild of Gonçalo de Vasconcelos whilst studying for his Cambridge MBA, the company had an initial focus on the companies in the surrounding silicone fen.  As it’s profile has grown, so has the list of the companies it serves. To… Read More

March 10, 2016 @ 9:27 pm By JD Alois  |  

Anthony Hsieh, CEO and founder of loanDepot, visited the studios of CNBC for a session of Power Lunch last week.  Hsieh shared some perspective into his platform and the over $60 billion in loans it has provided since 2010.  The non-bank lender explained the difference… Read More

March 10, 2016 @ 3:46 pm By Samantha Hurst  |  

Earlier this week, founder and CEO of Seedrs, Jeff Lynn sat down with online and mobile careers platform, Jobbio, to discuss the UK-based equity crowdfunding platform’s growth and development. Recently, Seedrs, which calls itself “the UK’s No. 1 equity crowdfunding platform,” announced it has had more than… Read More

March 10, 2016 @ 1:42 pm By Samantha Hurst  |  

On Thursday, more than fifty athletes, actors, founders, and philanthropists gathered to announced a surprise “flash funding” of classroom projects posted on DonorsChoose in communities across the U.S. Collectively, the individuals behind the flashmob, #BestSchoolDay, committed over $14 million to fund nearly 12,000 projects, including books, art… Read More

March 10, 2016 @ 12:43 pm By Samantha Hurst  |  

On Wednesday, Unilever Foundry announced it has formed a new partnership with global crowdfunding platform Indiegogo to help accelerate innovation.   Unilever is reportedly one of the first large-scale companies to tap into the power of crowdfunding to empower entrepreneurs to bring their concepts to market…. Read More

March 10, 2016 @ 12:09 pm By Samantha Hurst  |  

This week, Creative England announced that 16 teams have been selected to crowdfund, develop and produce their short films through the latest round of Creative England’s iShorts, delivered as part of the BFI NET.WORK. The campaigns will go live on Crowdfunder UK next month. Creative England revealed… Read More

March 10, 2016 @ 6:28 am By Erin Hobey  |  

Companisto founders David Rhotert and Tamo Twinge announced a new safety initiative called crowd voting, offering Companists “the chance to invest in venture capital with a safety net.” After collecting feedback and communicating with investors over the last months, the process of crowdsourcing inspired the founders to offer crowd… Read More

March 10, 2016 @ 5:29 am By Erin Hobey  |  

Envestnet | Yodlee (NYSE:ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, announced its launch of Envestnet | Yodlee Aggregation Platform on the Salesforce AppExchange, aiming to provide financial institutions with a single, comprehensive view of held-away financial data combined with… Read More

March 10, 2016 @ 5:01 am By Erin Hobey  |  

Early Warning, a leading real-time payments, authentication and risk mitigation platform, announced that Bank of America is now processing real-time P2P transactions through Early Warning’s clearXchange network. Customers at both banks are now able to send eligible real-time P2P payments to customers at BoA or U.S…. Read More

March 10, 2016 @ 4:30 am By Erin Hobey  |  

2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance  seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More

March 9, 2016 @ 10:18 pm By JD Alois  |  

Marketplace lending platform Prosper has moved quickly to leverage their recent acquisition of Israel-based BillGuard. Prosper has unveiled the “Prosper Daily” mobile App designed to give consumers a suite of tools to make better financial decisions, including viewing all their financial accounts in one place,… Read More

March 9, 2016 @ 4:10 pm By JD Alois  |  

While this should probably not come as a surprise, SoFi CEO and founder Mike Cagney spoke to WSJ.com and announced the creation of a hedge fund.  The SoFi Credit Opportunities Fund filing hit the pages of the SEC in January and is designed to invest in SoFi’s own… Read More