Investment Platforms and Marketplaces

January 21, 2016 @ 3:45 pm By Samantha Hurst  |  

Commercial real estate online marketplace lending platform, Money360, announced on Thursday the 2015’s results of more than $56 million in closed commercial real estate loans. The firm provided debt-transaction deals across the United States for multifamily, retail, industrial, hospitality and office properties.   Evan Gentry, CEO and founder of… Read More

January 21, 2016 @ 2:27 pm By Samantha Hurst  |  

On Thursday, Kickstarter announced the first version of its android app. The crowdfunding giant declared: “With Kickstarter for iPhone, iPad, and Android, you’ll have access to thousands of projects right in the palm of your hand. Explore, back, and share your favorites, wherever you are.” The… Read More

January 21, 2016 @ 11:39 am By Samantha Hurst  |  

JumpStartFund’s Hyperloop Transportation Technologies, Inc. (HTT) announced on Thursday the filing of construction permits with Kings County to kick off construction activities in Quay Valley. On-site preparation activities will commence in the coming weeks with principle construction beginning by the end of 2nd quarter 2016…. Read More

January 21, 2016 @ 6:02 am By Erin Hobey  |  

Capitalia, represented in NASDAQ Riga stock exchange, is the leading alternative financing provider for small and medium enterprises in Latvia and Lithuania.  This January Capitalia  obtained necessary permits to broaden its services to the Estonian market. Citing the current financial conditions that cause banks to be more cautious when financing… Read More

January 21, 2016 @ 5:17 am By Erin Hobey  |  

Koinify, a crowdfunding platform for cryptocurrency projects, will cease operating website and data custody operations, essentially deleting all wallets and coin holdings of users who participated in campaigns and did not move their coins elsewhere. “Following previous notice, please note that Koinify site is officially shutting… Read More

January 21, 2016 @ 4:49 am By Erin Hobey  |  

Online lender Elevate Credit Inc. has postponed its initial public stock offering due to difficult market conditions, reported the Wall Street Journal. The firm was slated to price its initial public stock offering Thursday. Based in Fort Worth, Texas, Elevate Credit makes unsecured personal loans to subprime borrowers. In 2014, Elevate was spun out… Read More

January 20, 2016 @ 4:31 pm By JD Alois  |  

RealtyShares, a real estate crowdfunding platform, has filed a Form D with the Securities and Exchange Commission indicating a funding round of approximately $20 million. The 506(c) filing shows the San Francisco based company closing on over $17 million. The first sale of equity for… Read More

January 20, 2016 @ 2:26 pm By Samantha Hurst  |  

With less than 24 hours until the 2016 Sundance Film Festival kicks off, Indiegogo announced details about the 5th annual Array Soiree, which will be hosted by Ava DuVernay, founder of Array, and Danae Ringelmann, co-founder and chief development officer of Indiegogo. The global crowdfunding platform… Read More

January 20, 2016 @ 2:24 pm By JD Alois  |  

Belgium’s largest investment crowdfunding platform MyMicroInvest easily cruised past its € 1 million in under one hour during a self-crowdfunding event that took place in Brussels today. While Crowdfund Insider is still awaiting the final tally, the one million euro hurdle was topped in about 20… Read More

January 20, 2016 @ 1:58 pm By JD Alois  |  

Alternative finance provider, GLI Finance, has announced the Louise Beaumont, head of public affairs and marketing at GLI, has received 51,020 new shares in the company.  The transaction was related to a bonus plan for calendar year 2015.  A portion of the bonus was paid… Read More

January 20, 2016 @ 12:04 pm By JD Alois  |  

LoanHero, a point of purchase lending platform has received an additional $2.5 million in seed funding. This follows a $1.7 million funding round announced last June when the platform also announced a $20 million debt facility.  According to information provided by LoanHero, Mucker Capital and… Read More

January 20, 2016 @ 10:19 am By Samantha Hurst  |  

Following the departure of board member Anake Goodall, managing director and CEO of PledgeMe, Anna Guenther, announced the crowdfunding platform is currently to fill the recently opened position. Last week, PledgeMe revealed that after two years of hard work, sage advice and even cupcake decorating,… Read More

January 20, 2016 @ 8:42 am By Samantha Hurst  |  

This week, Patreon announced it has secured $30 million during series B funding. The website’s total amount of funding is now at $47.1 million. According to the Patreon team, the round was led by Thrive Capital and included investments from Allen and Company and follow-ons by Charles River… Read More

January 20, 2016 @ 8:24 am By JD Alois  |  

Marketplace lending platform RateSetter has hired two former bankers in a move to boost their executive bench. Paul Marston has taken the position of Head of SME Lending and Angela Yotov as Head of Legal. Marston was previously employed by Secure Trust Bank, a challenger… Read More

January 19, 2016 @ 3:40 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced that it is dubbing 2016 the “Year of the Trailer.” The crowdfunding giant declared in a blog post: “Each month, the Film team will curate three to five new campaigns from some of our favorite filmmakers. But not for new feature… Read More

January 19, 2016 @ 12:11 pm By JD Alois  |  

MyMicroInvest, the leading investment crowdfunding platform in Belgium, is hosting a unique event tomorrow where it will “eat its own dogfood”.  MyMicroInvest will seek to crowdfund itself to the tune of €1 million – in under one hour. The new capital will be utilized to finance… Read More

January 19, 2016 @ 10:45 am By Samantha Hurst  |  

On Tuesday, Crowdcube announced that a grand total of 111 tech startup has secured £44.5 million through its equity crowdfunding platform. The Crowdcube team declared in a blog post:   “2015 was a record-breaking year here at Crowdcube as the equity crowdfunding market continued to grow at… Read More

January 19, 2016 @ 9:42 am By JD Alois  |  

iFunding, one of the earlier entrants into the real estate crowdfunding sector, has started the New Year on a bit of a sour note. In an article published in the Real Deal (TRD), it was revealed that iFunding had been sued this past December by… Read More

January 19, 2016 @ 6:43 am By Erin Hobey  |  

Platform Black, a provider of alternative finance to UK businesses, has expanded its team, signalling continuous growth and increasing demand in the sector. Helen Mackenzie, Gayle Townsend and Robert Rajeswaran bring significant invoice trading and supply chain finance expertise and will support the company, which has provided… Read More

January 18, 2016 @ 6:33 pm By JD Alois  |  

Towards the tail end of last summer, Harmoney founder and CEO Neil Roberts decided to depart his responsibilities from the board of the company he created. It appeared a bit odd at the time, but Harmoney was quick to assure that it was just a “personal decision”.  The executive… Read More