Tagged: marketplace

Assetz Capital Boosts Executive Bench to Accelerate Bridging Loan Book

Marketplace lending platform Assetz Capital has added two executives to its bridging team to accelerate the growth of bridge loans. Assetz Capital states that the moves signal a strategic focus on the bridging market for the lender. Since 2013 the Fintech has originated about £1.5… Read More

Financing, Analytics, & Marketplace Startup ProducePay Scores $43 Million Through Series C Investment Round Co-Led By G2VP & IFC

ProducePay,  a U.S.-based financing, analytics, and marketplace startup for the fresh produce market, announced on Monday it raised $43 million through its Series C investment round, which was co-led by G2VP, IFC, and IDB with participation from Anterra Capital and Coventure, Astanor Ventures, IGNIA, and… Read More

Private Credit Marketplace Finitive Appoints Andrew Holgate to Manage Expansion into Europe

  Finitive, a fintech platform that connects institutional investors with alternative lending investments, announced on Monday it has appointed Andrew Holgate to lead its European initiatives as the Managing Director – Head of Europe.  According to Finitive, Holgate brings 20 years of operational and lending… Read More

Private Credit Marketplace Finitive Receives Investment from Sterling Bancorp

  Finitive, a fintech platform that connects institutional investors with alternative lending investments, announced on Wednesday it received an investment from Sterling Bancorp (NYSE:STL). Founded in 2017, Finitive claims to be the leading data-driven private credit marketplace. The U.S.-based tech-enabled platform stated it provides institutional investors… Read More

Update: European CBD Marketplace Alphagreen Set to Close Seedrs Campaign With More Than £1.9 Million Raised

Alphagreen, a European CBD marketplace, is set to close its equity crowdfunding campaign on Seedrs with more than £1.9 million raised. Originally seeking £1 million, the investment round has already attracted over 560 Seedrs investors.  As previously reported, Alphagreen Group describes itself as a high-growth technology and pharmaceutical… Read More

European CBD Marketplace Alphagreen Raises Nearly £1.7 Million Through Seedrs Funding Round

Alphagreen, a European CBD marketplace, has raised nearly £1.7 million through its equity crowdfunding campaign on Seedrs.  Founded in 2019, Alphagreen Group describes itself as a high-growth technology and pharmaceutical trading business. “Alphagreen Group works with top Cannabis brands globally to sell high-quality non-psychoactive products (e.g…. Read More

Overfunding: Howsy Surpasses £800,000 Funding Target Through Latest Seedrs Campaign

  Howsy, a UK-based rental marketplace platform, has successfully secured its initial £800,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round launched just a little over six months after Howsy’s raised £2,346,770 through its previous Seedrs campaign and has so far attracted… Read More

Marketplace Lender auxmoney Receives €250 Million From Citigroup and Chenavari Investment Managers

auxmoney, a marketplace lender based in Germany, has received €250 million for loans from Citigroup and Chenavari Investment Managers. Chenavari is a credit-focussed asset manager with core expertise in European markets. auxmoney reports that it is now co-investing for the first time alongside partners as… Read More

Rental Marketplace Platform Howsy Now Seeking £800,000 Through Second Seedrs Campaign

  Just a little over six months after raising £2,346,770 through its previous Seedrs campaign, Howsy, a UK-based rental marketplace platform, has returned to the equity crowdfunding platform to raise £800,000. The funding round has so far raised over half its funding target from nearly… Read More

PayDashboard Unveils Financial Wellbeing Marketplace “Moneysmart”

PayDashboard, a UK-based interactive payslip platform, announced on Wednesday the launch of its new financial wellbeing marketplace, Moneysmart. According to PayDashboard, the marketplace smart matches consumers with a range of suitable financial products and services based on their lifestyles, attitudes to money and financial situations…. Read More

Marketplace Lender SocietyOne Tops $1 Billion in Lending

SocietyOne, an Australian marketplace lending platform, says it has topped $1 billion in online lending in January. SocietyOne notes that it launched a secured lending product in December and said the month generated a record amount of originations. The secured product first completed a pilot… Read More

Digital Lending Platform creditshelf Reports Double Digital Growth in 2020, Anticipates Solid 2021

creditshelf, a digital lending platform serving SMEs in Germany, says it has grown by “double-digits” in 2020 despite the ongoing COVID health crisis. While complete financials will be published at the end of March 2021, creditshelf has distributed certain highlights of 2020. Requested loans totaling… Read More

Overfunding: Borrow a Boat Returns to Seedrs & Quickly Surpasses £250,000 Funding Target

  Less than a year after securing £1.33 million through its previous equity crowdfunding campaign on Crowdcube, self-proclaimed Airbnb for boats, Borrow A Boat, has launched a new funding round on Seedrs and has quickly surpassed its initial £250,000 funding target.  As previously reported, the… Read More

Samsung Invests in Funding Societies, a Marketplace Lending Platform

Funding Societies has received an investment from Samsung Venture Investment Corporation, according to a note from the Fintech.  Details on the investment were not disclosed. Samsung Venture is an investment arm of the South Korean conglomerate, Samsung Group, and has been an active investor in… Read More

LendingClub Recognized as Top Workplace in Utah

LendingClub (NYSE: LC) has received a nice recognition from the Salt Lake Tribune. A relatively recent presence in Utah, LendingClub has been rccognized as a Top Workplace for 2020. According to a note from LendingClub,  the list is based solely on employee feedback gathered through… Read More

How New P2P Regulations Make the Industry Safer for Investors in Southeast Asia

Digital lending platforms have made strong inroads in Southeast Asia over the past few years. In 2016 alone, peer-to-peer (P2P) business lending generated US$115.01 million—more than half of Southeast Asia’s total alternative financing market that year.  This growth can be attributed to a combination of… Read More

Marketplace Loan Investment Firm Smart Lenders Says Portfolio Has Been Resilient in 2020, Sees Better 2021

The online lending sector has been hammered by the ongoing COVID-19 health crisis as consumers struggled to pay personal loans and SMEs backed away from debt. Many Fintech lenders worked diligently with borrowers to mitigate the impact of the pandemic with loan extensions and deferred… Read More

Nutmeg Joins Starling Bank’s Marketplace

  Digital bank Starling Bank announced on Thursday it has welcomed Nutmeg, a UK-based digital wealth manager, to its Marketplace.  Starling reported that the new service will help its personal and sole tracker consumers connect their banking to their investment accounts and pensions. “Starling customers with… Read More

Australian Marketplace Trade Credit Platform Marketlend Announces Expansion of Asia Division with New Appointment of Andrew Ross

Australia’s marketplace trade credit platform Marketlend recently announced it has expanded its Asian division by appointing Andrew Ross to lead origination and insurance endeavors for Marketlend throughout Asia. Ross will notably assist Marketlend to expand its presence in trade commodities, insured backed discounted trade credit… Read More

EstateGuru Works with Varengold Bank to Offer Property Backed Loans in Germany

EstateGuru, an Estonia-based peer to peer lender facilitating secured loans, has announced a partnership with Varengold Bank in Germany. According to a note from EstateGuru, the term sheet provides for a fronting agreement where Varengold will provide a regulatory umbrella for EstateGuru to provide an… Read More

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