Tagged: 2017

LendInvest’s 2017 Financial Year Results Report Strong Growth & Remains Profitable

UK marketplace platform for mortgages, LendInvest, announced on Tuesday its 2017 financial results, with the year ending on March 31st. The platform reported that the results revealed strong growth across all key metrics. LendInvest revealed that it currently manages more than  £820 million ($1.1 billion) on… Read More

Chinese Fintech Yirendai Unveils Fourth Quarter & Full Year 2017 Financial Results

Yirendai Ltd. (NYSE: YRD) (“Yirendai” or the “Company”), a leading fintech company in China, announced on Thursday the release of its unaudited financial results for the quarter and full year ended December 31, 2017. The company reported that in the fourth quarter of 2017, it facilitated RMB 13,438.5 million (US$2,065.5 million)… Read More

Crowdcube Announces 2017 Annual Award Winners

UK-based equity crowdfunding platform Crowdcube announced this week that during its seventh birthday celebration, it revealed the winners of its 2017 annual awards. As previously reported, the Crowdcube Annual Awards celebrate the best of British Entrepreneurship, showcasing a range of fantastic companies that hail from a… Read More

OnDeck Reports Fourth Quarter and Full Year 2017 Financial Results

Online lending platform for small businesses OnDeck (NYSE: ONDK) announced on Tuesday the release of its fourth quarter and full 2017 year financial results. The online lender reported it achieved a record $5 million of GAAP net income during the fourth quarter. While sharing more… Read More

Cast Your Votes: Crowdcube Announces Details For The Equity Crowdfunding Platform’s Annual Awards

On Friday, UK-based equity crowdfunding platform Crowdcube announced it is celebrating the 2017’s funded by holding its annual Crowdcube awards. While sharing details about the event, the funding portal stated: “These awards celebrate the best of British Entrepreneurship, showcasing a range of fantastic companies that… Read More

Elevate Announces Full Year 2017 Results

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday its full 2017 results. According to CEO of Elevate, Ken Reese, the company ended its first year as a public company with a strong loan growth… Read More

SoFi Shares Details About 2017 Successes & 2018 Plans

On Tuesday, online lending platform SoFi announced details about its 2017 successes and plans for the new year. This announcement comes just after the lender named Anthony Noto as its new CEO and a director, effective March 1st. The 2017 milestone and accomplishments include: SoFi topped… Read More

Crowdcube Shares: Our 2017 In Numbers (Infographic)

Following its recent reflection of 2017, equity crowdfunding platform Crowdcube released an infographic that revealed details about its record-breaking year, which included its strongest quarter to date. As previously reported, Crowdcube stated it saw its most successful year ever in 2017, which included an “unprecedented” demand from… Read More

Crowdcube Describes 2017 As “A Record-Breaking Year” During Annual Review

UK-based equity crowdfunding platform Crowdcube celebrated the new year by taking a look back on 2017’s accomplishments. The funding portal explained that it saw its most successful year ever in 2017, which included an “unprecedented” demand from entrepreneurs and investors producing “record-breaking” levels of investment…. Read More

RealtyShares Releases 2017 Year in Review (Infographic)

Real estate crowdfunding platform RealtyShares took a look back at 2017 with its Year-in-Review. While sharing details about the past twelve months the funding portal revealed: “Disruption in the commercial real estate industry hit a fever pitch in 2017. We saw a change in the tax code,… Read More

Proplend Looks Back on 2017 P2P Successes & Announces 2018 Plans

On Tuesday, online platform Proplend gave its 2017 peer-to-peer lending year in review. The lender listed the various accomplishments that the lending industry experienced in the past twelve months. The accomplishments are the following: The majority of platforms gained full Financial Conduct Authority (FCA) authorization Many… Read More

Indiegogo Looks Back On 2017’s Success: We Saw Almost 2 Million Backers From 172 Countries Support A Range of Different Ideas (Infographic)

With less than two weeks until the world rings in the new year, global crowdfunding platform Indiegogo took a look back on 2017 and its successes. The funding portal revealed in a blog post on Thursday: “In 2017, we saw people challenging the status quo… Read More

Seedrs Looks Back on 2017: Yet Another Record Year!

With 2018 quickly approaching, Seedrs took a look back on some of its equity crowdfunding platform’s successes over the past twelve months. The funding portal revealed in a post on Wednesday: “2017 has been, by far, our most successful year to date. Independent research firm Beauhurst has recognised… Read More

GoFundMe Publishes Third Annual “Year in Giving” Report

On Thursday, GoFundMe released its third annual “Year in Giving” report, which reveals new data, top campaigns, and inspirational stories from its global crowdfunding platform. Highlights of the report include: Top 10 highest raising campaigns from 2017 Overall giving trends from 2017 State-by-state giving data Some of… Read More

GoFundMe Announces 0% Platform Fee For Personal Campaigns in the U.S. During the Holiday Season

GoFundMe announced this week it is introducing a 0% platform fee, starting with new personal fundraising campaigns based in the U.S. during the holiday season. The funding portal stated that it will do what works best for its giving community to provide the best experience,… Read More

Innovate Finance Releases 2017 Women in Fintech Powerlist

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

NFCA’s VanFUNDING 2017 to Bring More Than 50 Leading Blockchain, Fintech, & Capital Innovation Experts to Vancouver Last Weekend of November

National Crowdfunding Association of Canada (NFCA)’s VanFUNDING, a West Coast event that’s dedicated to connecting people to partnerships, investment, and business opportunities, announced on Wednesday it is bringing its 2017 Blockchain, Fintech, Funding Conference and RegTech Hackathon to Vancouver on November 28th at the Morris… Read More

Prosper Releases Third Quarter 2017 Results: Loan Originations Up 164% Year-Over-Year

On Monday, leading peer-to-peer lending platform for consumer loans, Prosper, reported growth in both transaction revenue and loan originations for the third quarter of 2017. The online lender claimed that the continued demand for personal loan product resulted in $822 million in loan originations through its… Read More

Crowdcube Releases 2017 Third Quarter Shareholder Update

On Thursday, equity crowdfunding platform Crowdcube released its 2017 third quarter shareholder update. It was revealed: “This quarter has seen Crowdcube have yet another commercially strong three months after launching 66 pitches, 38 in September alone. £25.6m has been invested through the platform, with seven businesses… Read More

Tech City Opens Registration for “Fintech For All 2017” Competition

Tech City UK recently opened registration for its Fintech for All 2017, which is described as a competition to find fintech startups that make financial services work for everyone. Full description reads: “Access to financial services is an important part of everyday life. However, millions… Read More

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