On Wednesday, online lending platform Funding Circle announced its FY results for the year, ending December 31, 2016. While sharing details about the results, Samir Desai, CEO at Funding Circle, stated: “2016 was another record breaking year for Funding Circle. We were pleased to achieve our… Read More
Nearly a year and a half after it became a public benefit corporation, crowdfunding platform Kickstarter released its 2016 public benefit corporation statement. A public benefit corporation is described as a corporation that performs a specific function for the benefit of the public. While sharing details about its… Read More
Just one month into the new year, Snowball Effect announced that 2016 was a recording breaking year for the Kiwi equity crowdfunding platform and is looking to expand its team. The funding portal revealed: “2016 was a record year for Snowball Effect with increasing investment… Read More
Marketplace lender Lendio announced on Tuesday its 2016 fourth quarter and fiscal year reports, which revealed it helped facilitate more than $70 million in financing through its marketplace of more than 75 small business lenders during fourth quarter 2016, with more than 3,300 small businesses funded during… Read More
On Tuesday, P2P lending platform Saving Stream announced its value of outstanding loan book grew by 126% during 2016. In its year review, Saving Stream stated over the last year, its outstanding loan book increased from approximately £73m in December 2015 to £165m in December… Read More
Crowdcube has opened the voting polls for the 2016 Funded Club Awards. The equity crowdfunding platform celebrates the businesses that have successfully secured their minimum funding targets through Crowdcube. The funding portal stated its team has voted and they have shortlisted five businesses for each of the… Read More
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced on Thursday its trading statistics and news highlights for 2016. The year’s highlights are the following: Total dollar volume of OTCQX, OTCQB, and Pink securities was $192.9 billion compared… Read More
Millennium Trust Company announced on Thursday it finished 2016 with continued growth, bringing the total assets under custody to $20.8 Billion in 527,000 custodial accounts. Speaking about last year’s successes, CEO of Millennium Trust Company, Gary Anetsberger, commented on the firm’s Millennium Alternative Investment Network, which was… Read More
Online angel investment platform Propel(x) announced on Wednesday its platform hit a significant growth milestone in 2016 by helping to secure $5.3 million for deep technology and science startups. Sharing details about the milestone, Swati Chaturvedi, CEO and Co-Founder of Propel(x), stated: “2016 was a successful year in connecting… Read More
Invesdor’s CEO Lasse Mäkelä announced on Wednesday that it a great 2016 and revealed during the past twelve months, funds invested and the average campaign round size on its equity crowdfunding platform doubled from the previous year. The 2016 numbers reveal comes just a couple weeks after… Read More
Chinese peer-to-peer lending platform, Dianrong, announced on Tuesday its 2016 annual results. The company revealed that the cumulative trading amount exceeds RMB 16.2 Billion, which is notably a year-on-year increase of 148%, and growth in loans issued was funded by 3.62 million investors. Dianrong CEO,… Read More
Crowdfunder UK is going through a period of realignment by trimming staff and refocusing efforts. The rewards-based funding platform has been recognized as a solid competitor to global sites like Indiegogo. Crowdfunder UK also offers a unique crowdfunding spin with their “community shares.” Recently, Crowdfund… Read More
Less than two weeks after ringing in the new year, Kickstarter reflected on its crowdfunding platform’s 2016 successes. The funding portal revealed that more than 3.5 million of its community members from all over the world supported tens of thousands of independent creators. Kickstarter then… Read More
AlliedCrowds announced on Monday its 2016 recap and its priorities for the 2017 fiscal year. This information comes less than a month after the company unveiled plans to launch its very own peer-to-peer lending platform, AlliedExchange. The company shared: “With 2016 behind us, we wanted… Read More
Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo (formerly Mondo) shared more details about 2016’s successes. Monzo had a great year with many milestones. Over the summer, the company declared itself a licensed bank and more than 200,000 people have signed… Read More
Less than a week after ringing in the new year, online lender Zopa took a look back at 2016 and the success it received during the past twelve months. The lending platform revealed it lent over £680 million to help 20,000 customers improve their home and… Read More
Crowdcube announced on Tuesday that more than £15 million was invested through its equity crowdfunding platform during December 2016. The UK-based funding portal shared on Twitter: Over £15 million invested through @Crowdcube in December. Fantastic end to 2016 🙂 — Crowdcube (@Crowdcube) January 3, 2017 Recently, Crowdcube… Read More
Celebrating the new year by offering a few tips for growing a business, CEO and co-founder of crowdfunding platform PledgeMe, Anna Guenther, discussed what she and her team learned over the course of 2016. Guenther revealed in a blog post: “Another year older, another year… Read More
This week, equity crowdfunding platform Seedrs released its 2016 year in review, which revealed the stats and highlights that made the past twelve months exciting. The funding portal stated: “As we look ahead to 2017, we thought we’d take a look back at the people, companies… Read More
With the new year just around the corner, Indiegogo celebrated by showing off the most innovative projects that debuted on the global crowdfunding platform in 2016. The funding portal revealed: “Together, our backers accomplished so much this year. You helped hundreds of thousands of entrepreneurs… Read More
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