Tagged: investment

December 8, 2017 @ 10:58 am By Samantha Hurst  |  

Earlier this week, online lending platform Zopa announced that users may now set their repayments to automatically move into an ISA. The lender reported this means that users may gradually move their Zopa money into an ISA without having to sell loans and pay fees… Read More

December 5, 2017 @ 3:29 pm By Samantha Hurst  |  

Real estate investment marketplace platform Wealth Migrate announced on Tuesday it has continued its global expansion by opening additional offices in the UK and UAE. According to Wealth Migrate, the new locations add to its current operations in Hong Kong, China, the U.S., Australia, and South… Read More

November 20, 2017 @ 3:34 pm By Samantha Hurst  |  

Insurtech firm Goji, announced last week it secured $15 million during its latest investment round, which was led by Hudson Structured Capital Management Ltd., (HSCM Bermuda). The companies have also formed a new strategic partnership. The company, which was launched in 2007, offers data-driven home and automobile… Read More

November 20, 2017 @ 1:37 pm By Samantha Hurst  |  

Ireland-based B2B payment provider TransferMate announced on Monday it received a €30 million investment from Allied Irish Bank (AIB).  Founded in 2010, TranferMate stated it is on a mission to provide businesses with a faster, cheaper, and easier solution for sending or receiving funds globally.TransferMate… Read More

November 14, 2017 @ 1:47 pm By Samantha Hurst  |  

  On Tuesday, Netherlands-based Symbid announced it has formed a partnership with funding specialist, ILFA. According to the crowdfunding platform, ILFA has a license for an investment firm since 201 and as a tied agent of ILFA, it will from now on operate with an AFM… Read More

November 9, 2017 @ 9:18 am By Samantha Hurst  |  

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced this week it has closed a $5 million equity round led by venture capital firm ManchesterStory Group with participation from Perot Jain LP, Vectr Ventures, and existing investors. This… Read More

November 7, 2017 @ 2:27 pm By Samantha Hurst  |  

Micro-investing app Acorns has acquired retirement fund services Vault and is planning to launch new retirement accounts. Vault is now called Acorns Later. While sharing details about the acquisition, CEO of Acorns, Noah Kerner, and CEO of Vault, Randy Fernando, stated: “By staying true to its mission… Read More

November 7, 2017 @ 12:46 pm By Samantha Hurst  |  

Crowdcube success and challenger bank Monzo announced on Tuesday it secured 71 million through its latest investment round, which was led by Goodwater Capital, Stripe, and Michael Moritz with participation from existing investors, Passion Capital, Thrive Capital, and Orange Digital Ventures. As previously reported, Monzo (originally… Read More

October 25, 2017 @ 3:02 pm By Samantha Hurst  |  

Real estate crowdfunding platform Groundfloor recently announced the launch of its new monthly interest payment investments. The funding portal revealed starting its next loan release users may invest in both deferred and monthly payment loans to further diversify and add monthly income yield to their portfolios. Groundfloor… Read More

October 23, 2017 @ 1:34 pm By Samantha Hurst  |  

Mobile investing platform Trigger Finance announced last week it has moved its New York City office. This news comes just after the company was acquired by Circle. Founded in 2015, Trigger describes itself as a mobile-first investing platform that encourages rules based investing for every DIY… Read More

October 6, 2017 @ 11:44 am By Samantha Hurst  |  

On Thursday, British multi-national insurance company Aviva announced it has made an agreement to acquire a majority shareholding stake in robo investment company Wealthify. According to Aviva, the investment is part of its strategy to build customer loyalty by providing customers with a wide range… Read More

October 4, 2017 @ 11:53 am By Samantha Hurst  |  

Earlier this week, online insurance marketplace Ensurem announced it secured a $12.25 million investment from A-CAP, a New York City-based insurance holding company specializing in life and health insurance and related services. According to Ensurem, the funding from A-CAP comes just after the company’s successful angel… Read More

October 2, 2017 @ 11:07 am By Samantha Hurst  |  

Tinubu Square, a France-based provider of trade credit risk management solutions, announced on Monday it has secured a €53million investment from Long Arc Capital and Bpifrance to accelerate the development of its technology solutions for credit and surety insurers, trade finance banks and export credit agencies. With this investment, U.S.-based investment firm Long Arc Capital takes a majority stake… Read More

September 15, 2017 @ 12:18 pm By Samantha Hurst  |  

RealtyShares announced on Thursday it raised $28 million during its Series C funding round, which included participation from Cross Creek Advisors, Danhua Capital, Barry Sternlicht (Founder of Starwood Capital and Starwood Resorts) and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and… Read More

August 30, 2017 @ 12:30 pm By Samantha Hurst  |  

German-based insurtech start-up Coya has reportedly secured $10 million during its latest seed funding round, which was led by Peter Thiel’s fund Valar Ventures with participation from e.ventures and La Famiglia. According to Business Insider, Coya was founded by two veterans of German lender Kreditech and former Vienna Insurance… Read More

August 22, 2017 @ 2:01 pm By Samantha Hurst  |  

UK based aggregator of alternative investments OFF3R announced on Tuesday the launch of its new Self Invested Personal Pensions (SIPPs) channel, which will feature pension products from some of the leading providers in the market. The company described A SIPP as a tax wrapper that holds your chosen investments… Read More

August 22, 2017 @ 10:14 am By Samantha Hurst  |  

UAE-based fintech startup NOW Money announced on Tuesday it secured an investment of $700,000 from venture capital investors Accion Venture Lab and Newid Capital. NOW Money claims to be the first fintech in the Gulf region to use mobile banking technology to provide accounts, financial inclusion and a range of… Read More

August 21, 2017 @ 8:27 am By Samantha Hurst  |  

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

August 3, 2017 @ 1:09 pm By Samantha Hurst  |  

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

August 1, 2017 @ 9:00 am By Samantha Hurst  |  

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