Investment Platforms and Marketplaces

September 21, 2015 @ 10:32 am By Samantha Hurst  |  

InventHelp, an inventor service company in Pittsburgh, PA, has announced they are creating an invention-focused crowdfunding platform, FundAnIdea, which will launch in fall 2015. FundAnIdea will allow inventors to create a crowdfunding campaign to raise money to help fund their idea. Inventors will be able… Read More

September 21, 2015 @ 9:07 am By Samantha Hurst  |  

Kickstarter Inc. Becomes Kickstarter PBC Over the weekend, crowdfunding platform, Kickstarter, announced that it has officially become a public benefit corporation (PBC). A public benefit corporation is described as a corporation that performs a specific function for the benefit of the public. The crowdfunding platform explained: “Kickstarter Inc is… Read More

September 21, 2015 @ 9:00 am By JD Alois  |  

PeerStreet, a real estate investment platform states they have generated “record-setting results for the summer months”.  According to the platform, total investment processed via the platform topped $32 million.  PeerStreet says these numbers include the largest real estate loan ever to be offered on a… Read More

September 20, 2015 @ 10:17 pm By JD Alois  |  

Crowdo, formerly branded as Crowdonomic, is gearing up to expand its operations in multiple Asian countries.  The company recently gained entry into Malaysia as one of the first 6 equity crowdfunding platforms to receive a licence from Securities Commission Malaysia.  Crowdo has also launched a… Read More

September 19, 2015 @ 1:26 pm By Samantha Hurst  |  

Crowdfunding portal for cannabis and digital startups, CrowdGather, Inc. (OTCQB: CRWG), announced financial results for the first quarter, which ended earlier this summer. CrowdGather reported revenues of $709,151 for the first quarter of fiscal 2016, an increase of 74% from the $406,590 reported for the… Read More

September 19, 2015 @ 9:43 am By JD Alois  |  

EquityMultiple, a new real estate crowdfunding platform, has launched its first public offering for $750,000 in equity for a redevelopment project in Brooklyn, New York.  The sponsor for the project, Bushwack Capital, is developing the $7 million mixed-use project in the North Bushwick neighborhood of… Read More

September 18, 2015 @ 12:01 pm By JD Alois  |  

Julia Groves, Chair of the UKCFA, has stepped aside as CEO of Trillion Fund handing over leadership to current COO and Buzzbnk co-founder Theresa Burton. The change in management was assigned to the challenges in UK government policy which has “made the landscape for future… Read More

September 18, 2015 @ 10:43 am By Samantha Hurst  |  

This week, investment research firm Crowdability, Inc. unveiled CrowdabilityIQ, a ratings and research service designed specifically for the equity crowdfunding market. With over 100 million retail investing households in the United States, equity crowdfunding—the online offering of private company securities to accredited and non-accredited investors—could become… Read More

September 18, 2015 @ 9:13 am By JD Alois  |  

Lending Club (NYSE: LC), the largest direct lending marketplace in the US, is now open to investors in Indiana, Kansas, and Nebraska, bringing the total number of investor states available to retail investors to 36. The process for Marketplace /P2P lending platforms to operate in… Read More

September 18, 2015 @ 1:31 am By Midori Yoshimura  |  

  VENTURA, California — iRent Inc., a top real estate marketplace for home and apartment rentals, announced today the appointment of Michael W. Walsh to its Advisory Board. iRent is a rental property marketplace where managers, owners and renters can connect in a secure, trusted environment. On iRent, anyone can sign up and list or search rental properties for… Read More

September 17, 2015 @ 4:39 pm By Samantha Hurst  |  

Visio Financial Services, a residential real estate marketplace lender, announced that it has expanded its loan offerings to include a 30-year fully amortizing landlord loan at industry-leading rates as low as 6.9% and LTVs up to 75%, filling the gap for long-term investor financing in the rental… Read More

September 17, 2015 @ 4:21 pm By JD Alois  |  

The US Commodity Futures Trading Commission has told SanFrancisco based Derivabit (aka Coinflip) to cease operating as a trading platform for processing swaps in Bitcoin.  This is the first action against an unregistered Bitcoin options trading platform and draws a line for other possible derivative cryptocurrency platforms. Coinflip and… Read More

September 17, 2015 @ 3:15 pm By Erin Hobey  |  

In late August, India’s banking industry came together for the FICCI’s FIBAC 2015 Conference, discussing regulation in the country’s burgeoning online finance space,  particularly within crowdfunding and peer to peer lending.  SS Mundra, Deputy Governor of the Reserve Bank of India, called for more regulations in the Economic… Read More

September 17, 2015 @ 2:40 pm By Samantha Hurst  |  

On Thursday, crowdfunding platform Kimbia announced a planned release of its next generation Salesforce integration. Aligned with Salesforce Foundation’s commitment to improving how nonprofits engage and connect with supporters, the Kimbia platform can now integrate with virtually any Salesforce solution, including NGO Connect, Nonprofit Starter Pack (NPSP)… Read More

September 17, 2015 @ 2:03 pm By Samantha Hurst  |  

Avant, a fast-growing marketplace lending platform, announced on Thursday that it is expanding to Canada, the company’s newest international market. Headquartered in Chicago, Avant has empowered more than 300,000 consumers in the United States and United Kingdom. The recent launch of AvantCredit in Canada will bring… Read More

September 17, 2015 @ 1:25 pm By Samantha Hurst  |  

OurCrowd, a leading equity crowdfunding platform, in collaboration with Locust Walk Partners, launches a $500K investment round in Revolution Credit, winner of the 2015 Wharton Social Venture Fellows (WSVF) Impact Investing competition. Revolution Credit is an engagement platform and database of unique consumer behavioral data… Read More

September 17, 2015 @ 11:52 am By JD Alois  |  

Landbay, a peer to peer lender in the mortgage sector, has voluntarily taken the Bank of England stress test, provided by MIAC Acadametrics, and the results are said to be quite  positive. Landbay states it is the first direct lending platform to go through the… Read More

September 17, 2015 @ 11:11 am By Erin Hobey  |  

Aiming to set itself apart from its key competitors, WePay, a leading payments provider service for online platforms, processing billions annually for partners including GoFundMe, Care.com, JetPay and FreshBooks,  has introduced ACH bank transfers as another payment type that platforms can offer their customers. ACH, or Automated… Read More

September 17, 2015 @ 11:00 am By Samantha Hurst  |  

On Thursday, co-founder and chief strategy officer of GiveForward, Desiree Vargas Wrigley, announced that the crowdfunding platform was getting new features.  The “new GiveForward” expands the product way beyond crowdfunding into a community platform that enables people to help in different ways. The main features… Read More

September 17, 2015 @ 10:12 am By Samantha Hurst  |  

Intuit Inc. (NASDAQ:INTU) is partnering with OnDeck  (NYSE: ONDK), a leading platform for small business loans, to launch the new QuickBooks Financing Line of Credit to provide faster access to lower-rate small business loans. This first-of-its-kind financing solution enables small businesses to use their QuickBooks… Read More