Tagged: marketplace

January 18, 2015 @ 6:19 pm By David Klein  |  

Lending Club’s IPO was massively successful. Up 56% on the first day of trading. $1B of additional cash raised. Largest IPO out of Silicon Valley in 2014. Higher market valuation than all but 14 banks in the U.S. That it was the first “peer-to-peer” lending company to go public made… Read More

January 15, 2015 @ 7:43 am By JD Alois  |  

Funding Circle, a business oriented peer to peer lending platform, has signed onto a new partnership with local government Herefordshire Council to launch a “pioneering” agreement.  The new partnership is designed to boost local economic growth and job creation via improved access to business finance…. Read More

January 14, 2015 @ 10:39 am By JD Alois  |  

Southhampton based FundingKnight has increased its loan limit to £500,000 to match demand, according to a company statement.  FundingKnight is a peer to peer lender that targets the business segment of the industry.  The increase is effective immediately. The decision to raise the limit was described… Read More

January 14, 2015 @ 9:38 am By JD Alois  |  

Across the globe traditional banking operations are under attack by more nimble and user friendly companies that see opportunity in an industry that is in dire need of change. The internet and technology has completely altered so many different industries with its creative destruction. The… Read More

January 12, 2015 @ 9:33 am By Georgia Quinn  |  

  As far as the peer-to-peer or marketplace lending industry is concerned, 2014 ended with a bang and not a whimper as Lending Club, the leading online lender, completed its initial public offering. On December 10, 2014 the Lending Club offering went effective, and ultimately… Read More

December 31, 2014 @ 6:26 am By JD Alois  |  

Peer to peer lender Funding Circle recently tested their own platform to see how things would shake out during “adverse economic conditions”.  As we all know economies ebb and flow through an endless cycle of growth and retrenchment.  The “Great Recession” was an extreme example… Read More

December 30, 2014 @ 3:19 am By JD Alois  |  

Direct Lending Investments has announced that it will invest $250 million over the next three years into Biz2Credit’s expanding direct lending platform for small business owners.  The move is a continuation of Direct Lending Investments to capitalize on the expanding marketplace of alternative lending and investments platforms.  Biz2Credit network consists… Read More

October 23, 2014 @ 9:04 am By Samantha Hurst  |  

Boostable, an advertising platform for marketplace sellers, announced on Thursday (October 23rd) it has raised $3.2M in additional seed financing to partner with new online marketplaces and expand its advertising channels beyond Facebook. While online marketplaces such as Etsy and Eventbrite are making it easy… Read More

July 20, 2014 @ 9:37 pm By Samantha Hurst  |  

Setting out to bring the best and healthiest foods to the online market without being overpriced, FarmDrop has launched a £400,000 equity crowdfunding campaign on Crowdcube to grow its business. FarmDrop is an award-winning online marketplace that allows local food producers to sell direct; a… Read More

June 20, 2014 @ 8:41 am By Samantha Hurst  |  

Canada based organic manufacturing company Eggshell Resources, has chosen Optimize Capital Markets to list its equity crowdfunding offering for a total of $3 million in growth capital and product development. Eggshell Resources,  has developed a technology that extracts the protein and calcium from eggshells to… Read More