Tagged: investment

March 1, 2017 @ 9:47 am By Samantha Hurst  |  

SME lender Funding Circle announced on Wednesday that Community Investment Management (CIM), an investment firm focused on marketplace lending, will finance an additional $100 million in loans to businesses originated through Funding Circle in the U.S. According to the online lending platform, the multi-year agreement… Read More

February 28, 2017 @ 2:57 pm By Samantha Hurst  |  

App-only bank Monzo (formally know as Mondo) announced on Tuesday it opened pre-registration for its new equity crowdfunding campaign. Originally seeking £2.5 million, the company has attracted more than £5.8 million in interest so far. As previously reported, Monzo launched its first crowdfunding campaign on Crowdcube and raised… Read More

February 27, 2017 @ 10:14 am By Samantha Hurst  |  

VeriComply, a company that automates the verification of marketplace loans for the secondary market, announced on Monday it completed its latest Angels funding round. Investors in the funding round included Jon Barlow, founder of Eaglewood Capital and John Maute,  co-founder of Helios AMC and Situs… Read More

February 20, 2017 @ 10:55 am By Samantha Hurst  |  

UK peer-to-peer lending platform, Landbay, has officially launched its property-backed ISA investment. This news comes just a little over a month after the lender was granted ISA manager status by HMRC. The Landbay team stated: “The Property‐Backed ISA is the latest in our line of… Read More

February 16, 2017 @ 9:04 am By Samantha Hurst  |  

Australia’s Auswide Bank Ltd. (ASX:ABA) announced on Thursday it is increasing its equity stake in peer-to-peer lender MoneyPlace Holdings Pty Ltd. According to Auswide Bank, it will have a controlling interest of at least 51% in MoneyPlace with the potential to increase that interest up… Read More

January 9, 2017 @ 8:53 am By Samantha Hurst  |  

Marketplace lending platform, China Rapid Finance, announced on Sunday it has teamed up with Tencent’s wealth management platform, Licaitong, to provide new investment products for individual investors. The online lender stated that with it as the screening party for the underlying assets, the first-phase products on… Read More

January 4, 2017 @ 11:09 am By Samantha Hurst  |  

Crowdcube announced on Tuesday that more than £15 million was invested through its equity crowdfunding platform during December 2016. The UK-based funding portal shared on Twitter: Over £15 million invested through @Crowdcube in December. Fantastic end to 2016 🙂 — Crowdcube (@Crowdcube) January 3, 2017 Recently, Crowdcube… Read More

January 4, 2017 @ 9:24 am By Samantha Hurst  |  

British department store group House of Fraser recently announced it is planning to invest £35 million in digital-only bank, Tandem. This news comes less than a year after Tandem secured over £2 million through equity crowdfunding platform, Seedrs. As previously reported, Tandem seeks to provide… Read More

December 24, 2016 @ 6:54 am By Samantha Hurst  |  

Lending Club (NYSE:LC) recently announced it is now offering a bonus incentive for IRA investments. From now through April 30, 2017, investors that open an IRA investment will receive a bonus of up to 3% of their investment. According to Lending Club, the IRA investment offer is… Read More

December 22, 2016 @ 11:16 am By Samantha Hurst  |  

Peer -to-peer lending marketplace Mintos announced on Thursday it is now offering multi-currency investment opportunities. Investors on the platform may now have the opportunity to invest in loans denominated in Czech koruna and the lender stated that by facilitating investments in multiple currencies, it is… Read More

December 21, 2016 @ 4:20 pm By Samantha Hurst  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, recently announced its latest portfolio investment was made in Tradeshift, a business commerce and supply chain finance platform. According to Santander InnoVentures, Tradeshift is used by a range of Fortune 500 companies, which includes  DHL and… Read More

December 8, 2016 @ 10:13 am By Samantha Hurst  |  

Senjō Group, a global payments operator and fintech investment firm, announced on Thursday it has formed a partnership and invested $1.2 million in Singapore-based B2B service, Tjaara Pte. Ltd.   Tjaara, or “Marketplace” in Arabic, reportedly acts as a global purchaser to numerous unaligned wholesalers and businesses… Read More

December 2, 2016 @ 8:46 am By Samantha Hurst  |  

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, announced on Friday users of its platform contributed to an oversubscribed fundraising for Mobile Streams. According to PrimaryBid, Mobile Streams has conditionally raised gross proceeds of £2.2 million through… Read More

December 1, 2016 @ 4:09 pm By Samantha Hurst  |  

CapitalRise, a London-based property investment platform, is launching its third deal with the chance for everyday savers to invest in a development of five townhouses and four apartments in Knightsbridge worth £106 million. The website has reportedly raised £1million for each of its first two offerings on… Read More

December 1, 2016 @ 11:58 am By Samantha Hurst  |  

Connecticut Innovations (CI) announced on Thursday it invested $1.5 million in Dream Payments, a fintech company that provides a cloud-based mobile payment platform for merchants and financial institutions. CI stated that the $1.5 million investment will help to further fuel the growth of Dream’s market share… Read More

November 30, 2016 @ 9:46 am By Samantha Hurst  |  

Finstar Financial Group, a fintech-focused international private equity group, announced on Wednesday it invested $3 million in Rocket10, a mobile marketing agency. Finstar also secured the right to further increase its equity stake in Rocket10. Finstar revealed it would utilize Rocket10’s mobile marketing technology across the Group’s portfolio… Read More

November 16, 2016 @ 4:30 pm By Samantha Hurst  |  

investFeed, a fintech startup that provides a transparent social investment network, has successfully secured more than half of its $1 million funding target through Crowdfunder. The company launched the campaign at the end of September and is seeking the funds to expand and add more key features,… Read More

November 16, 2016 @ 9:03 am By Samantha Hurst  |  

SyndicateRoom announced on Wednesday the launch of its new product, The WatchList, which reportedly gives its online investment platform users the opportunity to invest funds in a curated list of AIM-listed companies at a discount to their share price. The funding portal revealed it created the WatchList… Read More

November 4, 2016 @ 1:26 pm By Samantha Hurst  |  

New Zealand crowdfunding platform AlphaCrowd announced on Friday it has secured $800,000 for a new investor in China. The website revealed it received $380,000 from Beijing-based Fang Liu and is expected to receive the additional $420,000 after Lai is granted a work visa from New… Read More

November 1, 2016 @ 2:45 pm By Samantha Hurst  |  

Alibaba’s financial affiliate Ant Financial has reportedly invested in and has formed a strategic partnership with Thailand-based fintech company, Ascend Money. This news comes just a few months after the company previously planned to acquire 20% in Ascend Money. According to CNBC, the companies revealed that… Read More