Investment Platforms and Marketplaces

October 6, 2015 @ 9:49 pm By JD Alois  |  

P2BInvestor, an online lending platform that provides asset backed lending to SMEs, has forged its “first of several” partnerships with institutional investor HCG Fund Management. HCG, based in North Carolina, is very interested in P2P/Marketplace Lending opportunities of investing in loans. HCG was said to be… Read More

October 6, 2015 @ 12:53 pm By JD Alois  |  

Marketplace lender Bond Street has crafted a new partnership with shared workspace provider WeWork to provide “fairly priced lending capital” to members ot the WeWork Community. David Haber, co-founder and CEO of Bond Street, said the two companies shared a passion to empoer entrepreneurs dreams…. Read More

October 6, 2015 @ 11:01 am By Erin Hobey  |  

Not yet a toddler, the three month old loan service Basix has hit some enviable milestones. California-based online lending startup, ZestFinance, has secured a $150 million debt financing deal with global investment giant Fortress Investment Group for Basix. Founded in 2009 by former Google CIO Douglas Merrill, ZestFinance… Read More

October 6, 2015 @ 9:04 am By Erin Hobey  |  

Companisto,  the leading equity crowdfunding platform in Germany, Austria, and Switzerland with an annual financing volume of €12 million, has published information on the business development of start-ups financed through its platform for the first time. The platform has analyzed the development of share values between… Read More

October 6, 2015 @ 8:40 am By JD Alois  |  

ZenCap, a one-year-old Berlin-based direct lending platform is presently the fastest growing site in continental Europe.  According to data published by AltFi, ZenCap has generated Year over Year growth of an astounding 445.3%.  The next closest growth rate is of Auxmoney at less than half that… Read More

October 6, 2015 @ 12:00 am By Erin Hobey  |  

FlashFunders announced on its one-year anniversary that it has successfully funded over ten million dollars in startup seed rounds. In addition to this investments milestone, FlashFunders will partner with Raven Ventures to ensure that featured offerings are provided access to an extensive global network of accredited investors. Raven… Read More

October 5, 2015 @ 11:06 pm By JD Alois  |  

Sofi CEO and co-founder Mike Cagney recently commented on the $1 billion in funding they received from a Series E round led by SoftBank.  Cagney nonchalantly explained they now have more options as to when they will go public. That is a bit of an… Read More

October 5, 2015 @ 12:32 pm By JD Alois  |  

RenRen is a publicly traded company that is listed (ADRs) on the New York Stock Exchange (NYSE:RENN). The company is making an attempt to go private and has an offer on the table to buy-out shareholders at a price of $4.20 per share. RenRen’s traditional… Read More

October 5, 2015 @ 11:51 am By JD Alois  |  

Fundable founder Will Schroter has announced a new company to its growing portfolio of businesses and services. Fundable is a software as a service crowdfunding provider that offers both investment and rewards services. According to Schroter, they have just acquired Zirtual, a virtual assistant platform… Read More

October 5, 2015 @ 10:08 am By Erin Hobey  |  

IndiaLends, a credit and financial technology startup based in New Delhi, has closed a $1M bridge round led by existing investors DSG Consumer Partners, Siddharth Parekh and Gautham Radhakrishnan. IndiaLends was cofounded by Gaurav Chopra, who has an MBA from the London Business School, and Mayank Kachhwaha, who graduated from IIT… Read More

October 5, 2015 @ 9:12 am By JD Alois  |  

The Angels Den team is in Mexico for the official launch of  Angels Den Mexico at the Instituto Nacional del Emprenedor (INADEM), a non-profit entity that supports entrepreneurs. AngelsDen revealed this past August that it had raised $1 million from a Mexican family office to… Read More

October 3, 2015 @ 4:00 pm By JD Alois  |  

This falls under the category of recently discovered. SeedInvest co-founder and CEO Ryan Feit visited Dierdre Bolton this past June to talk about equity crowdfunding and the Regulation A+ securities exemption. Until this year, most investors were excluded from investing in the vast majority of… Read More

October 3, 2015 @ 10:00 am By JD Alois  |  

Propnology, having recently received  authorisation from the Financial Conduct Authority (FCA), has launched a new property investing crowdfunding platform in the UK. According to information provided byPropnology, the new site will “change the future of property investment by removing the barriers to entry, traditionally associated with… Read More

October 2, 2015 @ 6:07 pm By JD Alois  |  

List71, based in Singapore, has put a new spin on the crowdfunding space.  According to the site description, List71 is “beyond debt and equity”.  Investors sign up to receive a portion the company’s revenue for a period of time instead of purchasing direct ownership.  Company… Read More

October 2, 2015 @ 3:10 pm By JD Alois  |  

Fincera, a company that started in the transportation and automotive leasing business, is getting out of this sector to focus on internet finance.  The company announced earlier this week that “the company’s legacy truck leasing business ceased initiating new leases in August 2015.”  It’s internet… Read More

October 2, 2015 @ 12:40 pm By JD Alois  |  

Cross River Bank, chartered in the state of New Jersey, has joined with Marlette Funding on a joint $100 million securitization transaction targeting the Marketplace Lending sector. This transaction is said to be the first completed jointly by an FDIC insured bank with a marketplace… Read More

October 2, 2015 @ 11:14 am By JD Alois  |  

Jilliene Helman CEO and co-founder of RealtyMogul was recently interviewed as part of the “Sharing Economy” series on CNBC. Hellman was recently listed as one of Forbes “30 under 30” roster under the enterprise technology category. Hellman was asked how she came to launch a… Read More

October 2, 2015 @ 9:31 am By JD Alois  |  

Online lending platform ArchOver recently chatted up Andy Bishop, Head of Business Development for SME Lending at Lloyds Bank.  For perspective sake, Lloyds Bank has been in business since about 1765 (the Yanks were just a mere colony back then). ArchOver, a lending platform that… Read More

October 2, 2015 @ 8:58 am By JD Alois  |  

Prosper has announced a new milestone. The marketplace lending platform has topped $5 billion in loans matched via its platform.  According to Prosper, the lending platform had a record quarter of $1.070 billion in loans.  Only a year ago, Prosper passed the $2 billion mark…. Read More

October 2, 2015 @ 7:35 am By JD Alois  |  

Patreon, a rewards-based crowdfunding platform that focuses on musicians and other content creators has been hacked. CEO and founder Jack Conte posted a notice on the site this past Wednesday that hackers had breached the site, including the database that held user data.  Fortunately, no… Read More