Tagged: first quarter

Prosper Announces First Quarter of 2018 Results: Loan Originations Up 27% Year-over-Year & More Than $2 Billion of Co-Sponsored Securitizations Closed

Prosper, a peer-to-peer lending platform connecting borrowers and investors, reported earlier this week its financial results for the first quarter of 2018. The online lender revealed that loan originations increased 27% year-over-year to $744 million, driven by strong demand for the company’s personal loan product… Read More

SoFi Issues Record $2.6 Billion in ABS Notes During the First Quarter of 2018

SoFi announced on Monday it completed $2.6 billion in loan securitizations in the first quarter of 2018, a 35% increase over the prior-year period and its largest-ever quarterly ABS issuance volume. According to SoFi, during the first quarter of 2018, the lender completed a total of… Read More

Europe On Pace for Record Year in Fintech Deals

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More

Crowdcube Releases First Quarter 2017 Results (Infographic)

UK-based equity crowdfunding platform Crowdcube announced on Thursday its 2017 first quarter results. The infographic released shows key stats from the funding portal, which includes its top sectors to raise finance for, the gender split, most popular business locations, and Funded Club milestones. The release of… Read More

Symbid Reveals 21% Revenue Growth in 2016’s First Quarter

On Thursday,investment crowdfunding platform Symbid announced 2016 first quarter numbers. The website confirmed the total revenue was approximately $89,000 for three month period ending March 31, which is up by 21% versus the prior year period in 2015. Other first quarter highlights include: Over 82% of… Read More

Brief: LendingPoint Announces First Quarter 2016 Results; Funds Over $15M in Consumer Loans

LendingPoint, a fintech direct loan provider, announced on Monday its 2016’s first quarter showed it funded over $15 million in consumer loans and has processed more than 53,000 loan applications. The company reported its recent expansion into states like Ohio and California has resulted in a 100% increase in… Read More

AgFunder Reports $2Bn in AgTech Investment for the First Half of 2015

AgFunder, an investment platform for accredited investors investing in agriculture and agriculture technology, announced the release of its 2015 Midyear AgTech Investing Report, tracking a record $2.06B in AgTech investment for the first half of 2015. This figure is only $300M shy of the $2.36B… Read More

Cogobuy Unveils First Quarter Unaudited Operation Results

Cogobuy Group (Stock code: 400.HK), an e-commerce service platform for the enterprise procurement of electronics manufacturing industry in China, is pleased to announce its unaudited operation summary for the three months ended March 31st. The total GMV of the Cogobuy’s operations was RMB2,491.0 million, representing an increase of 62.9%… Read More