Investment Platforms and Marketplaces

August 20, 2015 @ 1:48 am By Midori Yoshimura  |  

Peer-to-peer lender RateSetter is now offering secured personal loans, and will focus on the automotive loan market to start with, according to Business Insider Australia. RateSetter has partnered with car finance broker Stratton, which is majority owned by Carsales.com.au. Carsales also holds a 20 percent equity… Read More

August 19, 2015 @ 1:32 pm By JD Alois  |  

Lending Club (NYSE: LC) subsidiary Springstone Financial has agreed to settle with the Consumer Financial Protection Bureau (CFPB) in an issue relate to the “staff’s concerns on possible borrower confusion about the terms of a deferred interest product”.  The program in question was terminated by… Read More

August 19, 2015 @ 12:11 pm By Samantha Hurst  |  

  Seeking to help organizers draw more attention to their projects, Indiegogo has revealed tips on how to get the press to cover campaigns. The crowdfunding platform stated: “We want every campaign on Indiegogo to be successful. Our team is constantly researching the best ways… Read More

August 19, 2015 @ 11:09 am By Samantha Hurst  |  

Grouplend, Canada’s peer-to-peer (P2P) lending platform, announced on Wednesday that it has closed an additional round of financing, having raised $10.2 million since launching ten months ago. The round is being led by Markus Frind, CEO of PlentyofFish, and Lance Tracey, founder of Peer 1… Read More

August 19, 2015 @ 10:55 am By JD Alois  |  

Latvia-based peer to peer lending platform Twino has reaffirmed its push to offer investors a unique buyback guarantee.  Twino states it is the only European direct lender to offer such assurance. Part of parent company FinaBay, the Twino states it has 7 years of online lending experience and… Read More

August 19, 2015 @ 9:00 am By JD Alois  |  

Patch of Land, a  real estate crowdfunding solution has announced all existing and future loans will be directly secured by underlying collateral that provides increased protection for its projects. Patch of Land revealed the steps in this direction earlier this summer in an article written… Read More

August 19, 2015 @ 7:38 am By JD Alois  |  

Tennis champion  Andy Murray joined the Advisory Board of Seedrs earlier this year.  According to Seedrs, Murray has now shared three companies in which he has invested an undisclosed amount via the equity crowdfunding site. The three include London-based, healthier eating chain Tossed.  The company… Read More

August 18, 2015 @ 10:05 pm By JD Alois  |  

UK-based peer to peer lender MarketInvoice has raised a solid £6 million in a Series A funding round.  MarketInvoice is a direct lender that provides interim funding to firms via invoice financing.   MarketInvoice previously raised £5 million in December 2014. Launched in 2011 the… Read More

August 18, 2015 @ 9:22 pm By JD Alois  |  

Prodigy Network, arguably the largest real estate equity crowdfunding platform in the world, has announced a new opportunity open to investors. Assemblage / 25th Street in Manhattan is a unique project that marries collaborative work-space with short-term residential living in thriving downtown New York City. Brian… Read More

August 18, 2015 @ 4:30 pm By Samantha Hurst  |  

NSR Invest, a managed account investment platform that provides peer-to-peer (P2P) investment tools to financial advisors, today launched a new generation of software that will allow financial advisors to easily establish and manage separate Lending Club investment accounts on behalf of NSR Invest’s clients through… Read More

August 18, 2015 @ 2:40 pm By Samantha Hurst  |  

On Tuesday, three Kickstarter alums, Double Fine’s Tim Schafer, inXile’s Brian Fargo, and Obsidian’s Feargus Urquhart, launched a new crowdfunding platform dedicated to video games called Fig. According to Wire, the new website will bring together fans and investors alike in a system of rewards-based… Read More

August 18, 2015 @ 2:00 pm By Erin Hobey  |  

CEO and General Manager of Companisto Tamo Zwinge began his career as a lawyer, studying law at the Freie Universität Berlin and completing his legal clerkship in Berlin and Pretoria, South Africa. Afterward, he received a Master of Laws (LL.M.) degree in commercial law, specializing in… Read More

August 18, 2015 @ 12:09 pm By Erin Hobey  |  

Capital Match Holdings Pte. Ltd. today announced its S$1 million raise in its Series-A round of venture financing. The round was led by Innosight Ventures and included previous investors Crystal Horse Investments and CE-Tech Invest. The funds will be used for product development, marketing and… Read More

August 18, 2015 @ 11:43 am By Erin Hobey  |  

Today CBR‘s Jimmy Nicholls posted research regarding London’s fintech scene, highlighting which companies have drawn the most money in their funding rounds. His results follow: 1. Funding Circle – £96m Perhaps the largest peer-to-peer lender in London is Funding Circle a technology start-up that began life… Read More

August 18, 2015 @ 10:55 am By Samantha Hurst  |  

Taking time away from his global crowdfunding platform, CEO and co-founder of Indiegogo, Slava Rubin sat down with the Observer to share details about his spiritual beliefs. During the interview, Rubin revealed his spiritual background: “For me, a spiritual person believes in certain thoughts or… Read More

August 17, 2015 @ 7:01 pm By JD Alois  |  

Zopa has become the first UK peer to peer lender to surpass £1 billion (about $1.564 billion) in lending as direct lender states P2P lending has now become mainstream. The P2P lender has already matched more loans in 2015 than it did in the whole of… Read More

August 17, 2015 @ 3:20 pm By Samantha Hurst  |  

SoFi, the second largest marketplace lender, announced on Monday that Joanne Bradford has joined the firm as Chief Operating Officer.  Bradford was most recently head of partnerships at Pinterest. She is a seasoned executive highly regarded for her experience driving growth at some of the country’s leading startups,… Read More

August 17, 2015 @ 12:56 pm By Samantha Hurst  |  

Australian listed crowdfunding platform CoAssets Limited (“CoAssets” or the “Company”) (NSX code: CAX), confirmed on Monday that it has successfully crowdfunded the platform’s first Singapore-based real estate project.  Launched on July 1st, Mountbatten Lights, a boutique cluster bungalow development, managed to raise S$500,000 from more than… Read More

August 17, 2015 @ 12:20 pm By Samantha Hurst  |  

Inkshares, a start-up crowdfunded book publisher, announced today that the Nerdist, a website, YouTube Channel, and podcast network founded by comedian and television personality Chris Hardwick, will be launching a collection on its crowdfunding platform. This collection will include books published under the Nerdist name,… Read More

August 16, 2015 @ 11:31 am By JD Alois  |  

Global investment crowdfunding platform OurCrowd is apparently a bit of a magnet when it comes to Asian money seeking investment opportunities.  OurCrowd CEO and founder Jon Medved visited the studios of Bloomberg this past week and stated “we are seeing in our offices alone several… Read More