General News

September 10, 2015 @ 2:31 pm By Samantha Hurst  |  

InvestX Capital Ltd., developers of a cross border platform that give investors access to retail size allotments of private equity and venture capital backed companies alongside institutional investors, announced today that it has opened up its second round financing on the Waverley – Powered by… Read More

September 10, 2015 @ 1:29 pm By Erin Hobey  |  

After being diagnosed with several medical conditions, Epicured Market Founder and President Jillian Bowman discovered the challenge of eating well, finding the correct ingredients for delicious recipes and preparing meals.  She searched for recipes and meal plans for hours every day, then spent just as long… Read More

September 10, 2015 @ 12:02 pm By Erin Hobey  |  

“We believe in the power of blockchain technology to transform how financial assets are transferred, but it has to be done with the right partners to insure it gets off the ground,”  Adam Ludwin, CEO of Chain said in an interview with the WSJ. It feels like everything… Read More

September 10, 2015 @ 11:19 am By Samantha Hurst  |  

Honeyfund, a crowdfunding platform dedicated to honeymoons, has created a first-of-its-kind, one-stop wedding registry, featuring partnerships with national retailers including Pottery Barn, Macy’s and Target. The new feature displays retail registries alongside the honeymoon wish list, allowing wedding gift givers to choose from experience gifts or… Read More

September 10, 2015 @ 11:15 am By Erin Hobey  |  

The Biz2Credit Small Business Lending Index announced August’s findings: the Index dropped by 0.1 points for both large and small banks,  indicating that the SBA budget scare effected growth in loan demand. The monthly analysis of 1,000 loan applications from Biz2Credit.com also noted “that credit unions continued to… Read More

September 10, 2015 @ 9:52 am By Samantha Hurst  |  

On Thursday morning, Ooooby, and their crowd, have shown equity crowdfunding can be about more than financial returns when the social enterprise hit their minimum target of $200,000. Last month, the New Zealand-based local food delivery service took to equity crowdfunding platform, PledgeMe, to raise $800,000 for expansion. Founder… Read More

September 10, 2015 @ 9:44 am By Samantha Hurst  |  

On Thursday, new lending marketplace, Twino, announced that it has seen €500,000 euros invested in its first four months of operation. Head of Marketing at Twino, Ieva Ozoliņa-Bērziņa, declared: “Twino’s observations show that the Latvian population’s creditworthiness is stable, as also demonstrated by studies carried out by… Read More

September 10, 2015 @ 7:00 am By JD Alois  |  

Orchard platform, the company that has become the internet pipes to funnel institutional funds into marketplace lending platforms, has raised more money. This time Orchard has received $30 million in a Series B Funding round led by some big names in finance. Already recognized as… Read More

September 10, 2015 @ 6:30 am By Samantha Hurst  |  

Fundbox, a cash flow optimization tool for small businesses, announced today that it has underwritten its 15 millionth invoice while also completing its 7th consecutive quarter of at least 2x quarter-over-quarter revenue growth. The company also announced that it has raised an additional $50 million in… Read More

September 10, 2015 @ 3:47 am By Midori Yoshimura  |  

UK financial services company Hargreaves Lansdown is looking to proceed into the peer-to-peer lending space, as part of plans to develop the business following the Retail Distribution Review (RDR), according to Mortgage Strategy. The RDR “is intended to remove the risk of ‘commission bias,’ whereby supposedly independent financial advisers,… Read More

September 9, 2015 @ 4:39 pm By Samantha Hurst  |  

Happy Birthday, Harmoney! The peer-to-peer (P2P) platform celebrated a successful first year as a New Zealand’s operating P2P lender, achieving unprecedented growth, creating jobs in New Zealand, Australia and Fiji and is currently preparing to launch in Australia. Harmoney highlights: Facilitated $100 million of personal loans in less than 12 months… Read More

September 9, 2015 @ 3:42 pm By Samantha Hurst  |  

Earlier this week, Seedrs unveiled a list of reasons why companies (both established and startups) should consider using equity crowdfunding as a way to receive funds from investors. Marketing Director of the crowdfunding platform, Alysia Wanczyk, shared: “There are so many different avenues for you to… Read More

September 9, 2015 @ 2:40 pm By Samantha Hurst  |  

On Wednesday, Fundly, a crowdfunding platform that is primarily used for nonprofit projects, announced that it has been acquired by NonProfitEasy. Fundly President, Mark Feinberg, reportedly told Forbes: “NonProfitEasy, the integrated and affordable data management solution for nonprofits, has acquired Fundly, a top online crowdfunding platform… Read More

September 9, 2015 @ 11:21 am By JD Alois  |  

Peer to peer lending comparison site 4thWay has shared a data points of the “big 3” direct lenders in the UK.  4thWay notes the platforms are “aligned” as one would expect. All three continue to have “satisfactory to excellent bad debt rates”.  How much you… Read More

September 9, 2015 @ 10:33 am By Samantha Hurst  |  

On Monday, new property crowdfunding firm A Piece of London announced that it has officially launched its platform. A Piece of London will now allow clients to choose a property from its portfolio and invest through their online platform. Operating under FCA guidelines, the platform will manage… Read More

September 9, 2015 @ 8:59 am By Samantha Hurst  |  

NexusCrowd Inc. today announced the launch of the first investment platform in Canada that provides accredited investors with exclusive access to co-invest alongside institutional investors in deals that have reached at least 50% of their funding target. It also provides private equity institutions with a… Read More

September 8, 2015 @ 2:10 pm By Erin Hobey  |  

FinTech Sandbox has announced a new partnership with Estimize, a provider of earnings and economic estimates contributed by the entire financial community, reported Finance Magnates. Joining Thomson Reuters, Fidelity Investments and Amazon Web Services, new partner Estimize provides a unique data source for participating startups, preparing crowdsourced forecasts for US… Read More

September 8, 2015 @ 1:39 pm By Erin Hobey  |  

Wheely cool! Wheely good time! If memory serves correctly, I do not recall a Ferris Wheel in the city excepting during the summer/early fall in Central Park and, naturally, on Coney Island.  This absence will change when the $500M New York Wheel project led by North… Read More

September 8, 2015 @ 12:40 pm By JD Alois  |  

Victory Park Capital (VCP) has announced a new issuance of common shares to raise another £200 million for VPC Specialty Lending Investments (VSL). The offer price is expected to be £1.00 per C share. The shares presently trade on the LSE. According to the firm,… Read More

September 8, 2015 @ 12:30 pm By Samantha Hurst  |  

Australian equity-based crowdfunding platform, VentureCrowd, has appointed finance industry veteran Rob Nankivell to the role of CEO, and John Ottaway as General Manager of Property. The appointments come off the back of what VentureCrowd says has been solid growth this year, with the company’s expansion… Read More