KPMG in Canada has reportedly completed an allocation of crypto-assets to its corporate treasury, the company’s first direct investment in digital assets. The allocation includes Bitcoin (BTC) and Ethereum (ETH), as well as carbon offsets to “maintain a net-zero carbon transaction to deliver on the… Read More
VPC Specialty Lending Investments PLC (LSE:VSL.L) released 2016 annual results last week and according to Chairman Andrew Adcock, results continue to disappoint. Shares in the fund that invests in various online lending assets continue to trade at a significant discount to the net asset value per share. As… Read More
Nucleus Commercial Finance has provided a specialist construction firm with £3.8 million alternative finance funding line to complete its work at Hinkley Point C nuclear power station (HPC) over the course of the next ten years. The multi-million-pound deal is comprised of £1.8 million in property… Read More
4finance Group, a lender that claims the title of Europe’s largest online and mobile consumer lending company, has surpassed €4 billion in loans since its f0unding in 2008. 4Finance says the milestone was passed in January following a year of solid growth. During 2016, 4Finance issued… Read More
Balance sheet lender LQD Business Finance grew quickly last year. It closed $33 million in lending during 2016 as it processed $140 million in loan applications. LQD anticipates growing its origination run rate to $80 million by the end of 2017. During 2018 they expect… Read More
VPC Specialty Lending Investments has sold its portfolio of peer to peer loans that were originated on Funding Circle UK. VPC stated it was seeking “less volatile returns” in selling the P2P assets. “The sale helps accelerate the company’s strategy of reallocating capital away from… Read More
Online balance sheet lender, Nucleus Commercial Finance, is now offering a range of specialist products for the education sector. The education finance portfolio has been designed by Nucleus to allow education providers the ability to receive advances and secure a line of credit against their… Read More
SME online lender DealStruck has reportedly shut down operations. An industry insider has told Crowdfund Insider the online lender closed shop yesterday. We have also heard that most all employees have departed the platform. The action was taken just as an 11th hour acquisition by… Read More
In recent weeks, marketplace lenders have hit a rough patch. Once the darlings of Wall Street, they have now come under fire, after a string of internal scandals and disappointing earnings. For the traditional banks – who have been saying, “we need to disrupt these… Read More
Solar Mosaic, usually just referred to as Mosaic, has raised over $40 million for working capital purposes according to a filing with the SEC. The equity offer in Mosaic saw its first sale on August 4th with the sales managed by Guggenheim Securities in Manhattan…. Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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