Tagged: investment

Blockchain-Powered MyBit Secures $2.8 Million Through Crowdsale for Renewable Asset Investment Platform

Mybit, a Switzerland-based Ethereum blockchain powered, renewable asset investment platform, announced on Monday it secured $2.8 million through its 30-day crowdsale, which ended on August 15th. According to Mybit, the platform connects investors from around the world with businesses and individuals seeking to fund revenue-generating Internet… Read More

CrowdStreet Announces New Investment Opportunity: Comfort Suites – Savannah North

On Thursday, CrowdStreet Marketplace announced a new investment opportunity on its platform, which is dedicated to the Comfort Suites located in northern part of Savannah, Georgia.The property, which was built in 2006, has 83 rooms. The contract purchase price is $7,450,000 with an all in… Read More

PeerStreet Announces Personal Capital Integration: Seeks to Provide More Detailed Investment Overview

Real estate crowdfunding platform, PeerStreet, announced on Tuesday its integration with Personal Capital, an automated investment service with more than $4.8 billion assets under management and is powered by the Envestnet | Yodlee Data Aggregation Platform. Customers of both Personal Capital and PeerStreet may now… Read More

P2P Lender Faircent Announces New Auto Invest Feature

P2P lending platform Faircent announced the launch of its new auto investment feature, which according to Economic Times, will eliminate the need for lenders to browse through borrower profiles by automating the process. While sharing details about the new feature, Chief Technology and Product Officer… Read More

Online Financial Advisor Betterment Announces $70 Million Round of Funding

Independent online financial advisor, Betterment, announced on Friday a $70 million round of funding, which is described as an extension of the company’s Series E from last year. According to Betterment,  Swedish investment company Kinnevik led the round, extending its financing from last year. Previous investors Bessemer Venture Partners, Menlo… Read More

Fintech Startup Receipt Bank Raises $50 Million Through Series B Funding Round Led By Insight Venture Partners

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

FinTech Studios Secures $1 Million Seed Investment from KEC Ventures

FinTech Studios, a cloud platform dedicated to AI-based financial information, fintech apps, and big-data analytic products, announced on Thursday it secured raised $1 million during a Series Seed funding round led by KEC Ventures. Founded in 2014 byJim Tousignant, FinTech Studios states its cloud technology leverages machine… Read More

German Fintech FinLeap Captures €39 Million Through Funding Round Led By SBI Group, NIBC, & Hannover Re

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, has reportedly secured €39 million through its latest round of funding, which was led by SBI Group, NIBC, and Hannover Re. This news comes just one month after the company raised €21 million in equity capital to support its fintech incubation… Read More

New York Fintech Firm EquityZen Secures $6.5 Million During New Financing Round Led By Draper Associates

EquityZen, a New York-based fintech firm that operates a secondary marketplace for company-approved transactions in pre-IPO stock announced on Tuesday it secured $6.5 million during its latest financing round, which was led by Draper Associates. According to the company, the latest financing deal comes as private… Read More

Seedrs Alum Perkbox Receives $8.6 Million Investment From Draper Esprit

London-based employee engagement platform Perkbox has receives a $8.6 million (6.6 million) from venture capital firm, Draper Esprit. This news comes nearly nine months after the company secured more than £4,3 million on equity crowdfunding platform, Seedrs. As previously reported, Perkbox has more than 300,000 paying… Read More

FinMason Set to Provide Investment Analytics Data to Fintech Sandbox Participants

Boston-based fintech and investment analytics firm, FinMason, announced on Tuesday it has partnered with non-profit accelerator Fintech Sandbox to provide its enterprise solution, FinRiver, to participates in the program.  Fintech Sandbox notably offers data from 30 data partners, infrastructure from three partners, and collaborates with… Read More

Online Lender LendUp Receives Strategic Investment From PayPal & Appoints Former CFO of Lending Club As Board Advisor

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it received a strategic undisclosed sum investment from PayPal.  While sharing details about the investment, Sasha Orloff, LendUp co-founder and CEO, stated: “PayPal has… Read More

Visa Invests in Swedish Fintech Unicorn Klarna

This week, it was announced that Visa was purchasing a stake in Swedish fintech company Klarna. Details of the deal were not released, but numerous sources report that Klarna will be issuing a new series of equity following the deal. E-commerce Payments Solution Klarna, which was… Read More

OpenInvest Launches Refugee Impact Investing Initiative

Investment platform OpenInvest announced on Tuesday it is launching a refugee rights investment screen as part of the United Nation’s World Refugee Day. While sharing details about the initiative, OpenInvest explained: “Standing with the United Nation’s World Refugee Day, OpenInvest’s #WithRefugees Impact Investment Screen is… Read More

Fintech Startup Tribe Receives Investment From BearingPoint

Norway-based fintech startup Tribe has reportedly received an investment from independent management and technology consultant, BearingPoint. According to Tribe, the new investment will bring it and BearingPoint together and the duo will enter into a long-term partnership to expand each of their service portfolios. Tribe describes itself… Read More

YieldStreet Hits $100 Million Loan Origination Milestone in Less Than Eight Quarters

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it surpassed $100 million in loan originations in less than eight quarters from accredited investors and single family offices. The online lender also reported it had a strong 2016, growing its monthly investor… Read More

Fine Art Investment Platform Maecenas Seeks £400,000 on Seedrs

London-based fine art investment platform, Maecenas, recently launched an equity crowdfunding campaign on Seedrs, seeking 400,000 as it prepares for expansion. The platform describes itself as a marketplace that brings together fine art collectors who are seeking to raise funds and investors looking for exposure… Read More

BrewDog Receives £100 Million Investment From TSG Consumer Partners at £1 Billion Valuation

Crowdfunded brewery, BrewDog, announced on Monday it received a £100 million investment from San Francisco-based company, TSG Consumer Partners. According to the brewery, TSG has acquired approximately 22% of BrewDog plc, with the funds are going into the business for continued expansion, and to create early shareholder… Read More

Fintech Company Street Contxt Receives Investment By Strategic Funding Consortium

Street Contxt, a fintech company that helps brokerages, independent research providers, and asset managers distribute, manage, unbundle and value research, announced on Wednesday it received an investment by a strategic funding consortium led by existing investor Joe Lonsdale of 8VC, and including an investment by… Read More

Los Angeles Fintech Startup ProducePay Secures $7 Million in Equity & $70 Million in Debt Financing 

Los Angeles-based fintech startup ProducePay has secured $7 million in equity and $70 debt during its recent financing round, which was led by CoVenture with participation from Menlo Ventures, Arena Ventures, Red Bear Angels, and Social Leverage. ProducePay, which was founded in 2014, describes itself… Read More