General News

August 4, 2016 @ 4:35 pm By Samantha Hurst  |  

Money360, a commercial real estate online marketplace lending platform, announced on Thursday it has officially surpassed the $100 million in closed commercial real estate loans with the completion of $15.25 million in recently closed loans. According to CEO and founder of Money360, Evan Gentry, much of… Read More

August 4, 2016 @ 3:58 pm By Samantha Hurst  |  

On Thursday, small business lending platform Lendio announced it has officially raised $250 million in funding for over 10,000 small businesses. The company also unveiled second quarter results, which reportedly showed the website facilitated over $55 million in funding to small businesses during the time period, which… Read More

August 4, 2016 @ 11:08 am By Samantha Hurst  |  

Last week, the team at Zopa announced they have officially moved from their Chancery Lane office to the peer-to-peer lending platform’s new location in London Bridge. The company shared in a blog post: “This office move is much more than a location change: it’s a statement that Zopa… Read More

August 4, 2016 @ 10:58 am By Samantha Hurst  |  

On Thursday, Indiegogo announced five key ways organizers to build an audience for their crowdfunding campaigns. The global crowdfunding platform revealed most campaigns should have at least 30% of their goal already funded before they even launch. The website noted: “Gaining momentum and raising funds will… Read More

August 3, 2016 @ 4:19 pm By JD Alois  |  

NSRInvest, a platform that provides institutional like investment tools for retail investors purchasing loans from Lending Club, Prosper and Funding Circle.  These marketplace / P2P lending platforms can provide solid risk-adjusted returns from a diversified portfolio of loans. When institutional money showed up, marketplace lending shot… Read More

August 3, 2016 @ 4:19 pm By Samantha Hurst  |  

Online business marketplace lender ThinCats announced earlier this week that it has partnered with investment platform operator DomaCom for loan deals. This collaboration will reportedly provide a greater scope for exposure to property and loan opportunities. DomaCom, which will soon be considered as a crowdfunding service, announced on Friday… Read More

August 3, 2016 @ 1:37 pm By Samantha Hurst  |  

On Wednesday, marketplace lending platform, Marlette Funding, announced the closing of its first proprietary “MFT” securitization. The company reported that approximately $205 million of Best Egg collateral was financed through three classes of notes and one class of certificates with the loan sellers retaining a portion… Read More

August 2, 2016 @ 4:05 pm By Samantha Hurst  |  

Over the weekend, Kickstarter hosted its 2016 Summer Festival in Brooklyn’s Greene Park. The free event celebrated creativity and featured art, food, games and more from the Kickstarter community, including: A life-sized game of Exploding Kittens  Guided virtual reality meditation on Oculus Rift Royal Palms Shuffleboard fun… Read More

August 2, 2016 @ 3:10 pm By Samantha Hurst  |  

Crowdfunding portal for cannabis and digital startups, CrowdGather, Inc.(OTCQB:CRWG), announced on Tuesday it has expanded its advisory board in anticipation of cannabis operation expansion. Ben Larson and Carter Larson, co-founders and managing partners of Gateway Incubator, have been selected for the new positions. Larson is currently director and… Read More

August 2, 2016 @ 12:56 pm By Samantha Hurst  |  

Online resource for small business finance, Biz2Credit, announced on Tuesday it formed a new partnership with Australian Finance Group (ASX: AFG), one of Australia’s largest providers of mortgage brokering services, as it prepares to expand its international small business financing.  Sharing details about the new partnership, AFG COO David… Read More

August 2, 2016 @ 11:07 am By Samantha Hurst  |  

This week, Glowforge announced it has raised an additional $22 million from Foundry Group and True Venture during its recent Series B investment round. Last year, Glowforge secured $28 million for its highly-anticipated 3D printer through its self-running crowdfunding campaign. The printer debuted to the public for the first time… Read More

August 1, 2016 @ 4:54 pm By Samantha Hurst  |  

Last week, UK peer-to-peer lending platform, Orchard Lending Club, officially launched and is now offering investors the opportunity to earn up to 7.08% interest per annum over a five-year period by lending finance to creditworthy professional practices and schools and their clients. Orchard Lending Club is… Read More

August 1, 2016 @ 11:59 am By Samantha Hurst  |  

With the 2016 Gen Con set to kick off in Indianapolis this Thursday, crowdfunding platform Kickstarter announced its lineup for the board game convention. The funding website revealed that it has teamed up with Cards Against Humanity to host a range of board games for… Read More

August 1, 2016 @ 9:49 am By Samantha Hurst  |  

Last week, the Entertainment Industry Foundation (EIF) announced the winners of the inaugural Think It Up Innovation Awards. This award honored eight teams of students and teachers. Each team will receive $5,000 in DonorsChoose funding credits to advance their work in the classroom. Each winning… Read More

August 1, 2016 @ 8:59 am By Samantha Hurst  |  

Over the weekend, real estate crowdfunding platform iFunding announced it had raised a total of $750,000 for a senior bridge loan in Denver, Colorado. The website confirmed that this loan is structured to accommodate a dynamic real estate strategy. The Bruckal Group was selected for the loan… Read More

July 31, 2016 @ 7:44 pm By JD Alois  |  

Last week the Payments Systems Regulator (PSR) announced that reform is needed in the UK payments sector to improve competition and better serve consumers.  The announcement was made by the one-year-old agency following a report on payments released by the PSR. The PSR stated that there… Read More

July 29, 2016 @ 3:06 pm By JD Alois  |  

We have published several of these informational type matrices regarding the various iterations of investment crowdfunding as enacted under the JOBS Act of 2012. This most recent visualization is courtesy of VerifyInvestor (an accredited investor verification service) and it addresses Title II – Reg D 506c… Read More

July 29, 2016 @ 2:02 pm By Samantha Hurst  |  

This week, Crowdcube caught up with Pod Point’s founder, Erik Fairbairn, to discuss why he decided to back the equity platform’s crowdfunding platform, which has so far raised £6.7 million from nearly 3,200 investors. POD Point turned to the crowdfunding method in 2015 and first captured  £1.5m through… Read More

July 29, 2016 @ 1:08 pm By Samantha Hurst  |  

On Friday, Kickstarter announced it will be making its way across the Atlantic to attend this year’s Edinburgh Festival Fringe in Scotland, which will take place on August 5th to the 29th. The crowdfunding portal shared: “Over in the UK, the 2016 Edinburgh Fringe is almost… Read More

July 29, 2016 @ 12:11 pm By Samantha Hurst  |  

Charity fundraising website, iDonate, announced on Friday the launch of its new peer-to-peer support that is dedicated to nonprofits. This new service reportedly enables organizations to support their causes by creating individual, team or event-centered crowdfunding programs that tap into personal networks. Ray Gary, CEO of… Read More