Investment Platforms and Marketplaces

October 2, 2015 @ 1:59 am By Midori Yoshimura  |  

Just one year after France passed legislation permitting crowdsourced loans for small businesses, peer-to-peer platform Lendix has become the first to raise €1m in France for a company in a single transaction, according to the Financial Times. €1m, the maximum the new law permits, was raised for… Read More

October 1, 2015 @ 3:45 pm By Samantha Hurst  |  

RealtyMogul, the online marketplace for real estate investing, announced it is currently raising capital for Mobile Home Park (MHP) Fund which will seek to acquire, add value and reposition MHPs that are generating income but which it deems to be under-valued, under-managed, under-performing or improperly capitalized…. Read More

October 1, 2015 @ 3:34 pm By JD Alois  |  

  As the Marketplace Lending industry begins to mature, awareness is growing across the population.  More and more consumers realize they may be able to save time, and money, by doing a greater portion of their banking online. Lending Club, the largest Marketplace Lending platform… Read More

October 1, 2015 @ 2:43 pm By Samantha Hurst  |  

Inkshares, a crowdfunded book publisher, and Nerdist, the wildly popular digital network founded by comedian and television personality Chris Hardwick, announced today the winners of the Inkshares Nerdist Collection Contest. In a surprise decision, Nerdist shared that two, not one, of the five finalists will… Read More

October 1, 2015 @ 2:08 pm By Samantha Hurst  |  

Earlier this week, Crowdfunder announced new follows and messaging tools that will help investors and companies to be more in touch on its crowdfunding platform. The Crowdfunder team shared: “Investing is inherently social. Investors are investing in the founders and their team just as much… Read More

October 1, 2015 @ 10:34 am By Samantha Hurst  |  

LoanDepot LLC, a marketplace lending platform, announced on Thursday the appointment of Michael H. Wilson as SVP, Information Technology. Michael H. Wilson joins loanDepot after serving as CIO and Director of IT Strategy at Ball Aerospace where he led classified and unclassified IT strategy, including… Read More

October 1, 2015 @ 9:18 am By JD Alois  |  

Online lender SoFi has just closed on a Series E funding round in the amount of $1 billion.  Led by SoftBank, SoFi has claimed the “largest single financing round in the Fintech space” ever. SoFi has now raised approximately $1.42 billion in equity. The marketplace… Read More

September 30, 2015 @ 4:01 pm By Samantha Hurst  |  

On Wednesday, Pozible announced that 10,000 projects have been launched through its crowdfunding platform and over $40 million has been pledged. The company stated: “Pozible has ticked past some pretty mega milestones recently, with our 10,000th project launching within a week of our $40 millionth… Read More

September 30, 2015 @ 2:29 pm By Samantha Hurst  |  

This week, UK equity crowdfunding platform Crowdcube announced that it has hit a new milestone. The investment platform has now successfully funded 300 raises. The platform explained: “Today we have over 200,000 members and an ever growing network of growth stage businesses approaching Crowdcube, and… Read More

September 30, 2015 @ 1:59 pm By Samantha Hurst  |  

Seeking to help the next generation of entrepreneurs, Kickstarter announced it has formed a partnership with the Children’s Museum of Pittsburgh. The crowdfunding platform declared in a recent blog post: “People are getting more and more into making things. From the White House to the… Read More

September 30, 2015 @ 1:50 pm By Samantha Hurst  |  

During the Clinton Global Initiative (CGI) Annual Meeting closing plenary this month, Tata Communications and MasterCard announced a CGI Commitment to Action to financially empower 25,000 women in the developing world, part of a larger vision to ultimately reach 100 million women. The global telecommunications leader… Read More

September 30, 2015 @ 1:45 pm By JD Alois  |  

Online lender Avant has inked a “definitive agreement” in a Series E funding round for $325 million. The funding is expected to close this October. Avant’s total equity raised now tops $650 million and debt raised goes to $1.1 billion. The lead investor in this… Read More

September 30, 2015 @ 12:25 pm By Samantha Hurst  |  

Credible, a multi-lender student loan marketplace that allows borrowers to receive competitive loan offers from its vetted lending partners, announced on Wednesday that it has closed its recent $10 million Series A funding round. This round was led by Soul Htite, founder and CEO of Dianrong.com/ co-founder… Read More

September 30, 2015 @ 11:47 am By JD Alois  |  

Lending Club (NYSE:LC), the largest marketplace lending platform in the US today, has submitted their opinion to the US Department of Treasury request for information (RFI) on the eve of the deadline for comments of September 30th, 2015.  Lending Club, the first publicly traded online lending… Read More

September 30, 2015 @ 10:50 am By Samantha Hurst  |  

MMKT Exchange LLC (“MMKT” or the “Company”),  a secure digital exchange that introduces efficiency, liquidity and transparency to the outdated middle market loan syndication process while increasing accessibility to a broader base of purchasers, announced on Wednesday that it has launched its loan syndication platform and closed… Read More

September 30, 2015 @ 10:06 am By Samantha Hurst  |  

LendInvest, an online lender for bridging finance, has appointed Matthew Tooth as the company’s first Head of Distribution. The platform, which spun out of Montello, the short-term mortgage finance specialist, in 2013, has originated close to £400 million of loans for borrowers seeking finance deals… Read More

September 29, 2015 @ 4:40 pm By Samantha Hurst  |  

On Monday, equity crowdfunding platform, truCrowd, announced that three companies are now ready to accept Texas non-accredited and accredited investors. Taking advantage of the relatively new Texas crowdfunding exemption, the state’s non-accredited investors can now invest up to $5,000 in any equity offerings and become… Read More

September 29, 2015 @ 4:36 pm By Samantha Hurst  |  

With less than a month away from its official launch at Money 20/20, marketplace platform for small business financing, Quote 2 Fund, announced on Tuesday Bank of the Internet co-founder, Mike Berengolts, will take the lead in programming and development for the San Diego-based small business… Read More

September 29, 2015 @ 3:41 pm By Samantha Hurst  |  

Lendio, an online marketplace platform for small business loans, announced on Tuesday that it continues to show signs of growth by funding over 500 small businesses in one month. In addition, business owners from all 50 states have now been funded through Lendio’s online loan marketplace. These… Read More

September 29, 2015 @ 11:10 am By Erin Hobey  |  

Thomson Reuters will begin tracking crowdfunding data on its Eikon desktop, as new research projects explosive growth in the UK’s alternative finance market.  Thomson Reuters partnered with Crowdnetic, a provider of real-time data and research to the global marketplace-lending and crowdfunded-startup industries for the new… Read More