Tagged: milestone

Money360 Milestone: Surpasses $500 Million in Commercial Real Estate Loans Closed; M360 Advisors Hits $300 Million in Assets

Real estate marketplace lender Money360 announced on Wednesday it has surpassed $500 million in commercial real estate loans closed since inception, which includes $357 million in loans closed for 2017. According to Money360, the milestone comes on the heels of other recent successes, including the initiation of… Read More

Mortgage Marketplace Lender LendingHome Surpasses $2 Billion in Loan Originations

On Monday, mortgage marketplace lender LendingHome announced it has originated more than $2 billion in mortgage loans for homeowners and real estate investors. The online lender revealed that the first billion of originations occurred over the course of 30 months, while it took just 12 months for the… Read More

YieldStreet Hits $200 Million in Originations Milestone & Appoints Two New Members to Leadership Team

YieldStreet, an online marketplace for a diverse array of asset-backed investments, recently announced it has surpassed $200 million in originations. This news comes just six months after the investment platform achieved its $100 million in origination milestone. As previously reported, YieldStreet launched in 2015 and is… Read More

South African Crowdfunding Platform BackaBuddy Hits R50 Million Milestone

South African crowdfunding platform BackaBuddy recently announced its campaign has successfully raised a total of R50 million since its launch from more than 70,000 donors. Founded in 2007, BackaBuddy revealed that its online fundraising functionality is designed to help individuals raise funds for causes they… Read More

SoFi Completes Largest Consumer Loan Securitization to Date

On Friday, SoFi announced it has completed a $727 million issuance of SoFi Consumer Loan Program 2017-6 (“SCLP 2017-6”) notes, making it the largest offering of securities backed by consumer loans and is SoFi’s 11th ABS transaction this year, bringing the lender’s total issuance for… Read More

Growth Street Milestone: P2P Business Lender Surpasses £100 Million of Lending

UK-based peer-to-peer business lender Growth Street has successfully surpassed £100 million in online lending. The platform, which was launched in 2013, allows investors to lend to small-and medium-size businesses using a flexible working capital solution. According to Peer2Peer Finance News, along with its lending milestone, Growth… Read More

Kickstarter Milestone: More Than $10 Million Has Been Pledged Towards Journalism Projects

On Tuesday, Kickstarter announced more than $10 million has been pledged towards journalism projects on its funding portal. The crowdfunding platform revealed in a blog post: “Since Kickstarter launched eight years ago, writers, photographers, and podcasters have used it to forge their own paths in… Read More

New Milestone: SocietyOne Achieves $350 Million in Total Loan Originations

Australia-based online lender SocietyOne announced on Tuesday it has secured $350 million in total originations. This news comes less than two months after the lending platform celebrated its fifth birthday. According to SocietyOne, the company topping $350 million as the current loan book also reached $200 million… Read More

Lendio Milestone: Surpasses $500 Million in Business Loans

Lendio announced on Thursday it surpassed $500 million in business loans to over 21,000 small businesses across the U.S. through its marketplace lending platform.The growth milestone comes after a 141 percent increase in loans originated through the lender in the last fiscal year. The marketplace… Read More

Crowdcube Welcomes New Investor GuanQun Investment & Receives £1 Million Investment

On Thursday, Crowdcube not only announced its equity crowdfunding platform surpassed its £250 million investment milestone, it also welcomed its new investor, GuanQun Investment. According to the funding portal, the China-based investment firm has already invested £1 million into its London arm. The Crowdcube team revealed:… Read More

Kiva Reaches $1 Billion Milestone in Crowdfunding Loans

On Monday, crowdfunding platform for social good, Kiva, announced it surpassed $1 billion in loans supporting borrowers around the world. The funding portal revealed more than 2.4 million entrepreneurs, farmers, and students globally have been able to launch and expand viable businesses or pursue an… Read More

Invesdor Milestone: €30 Million Has Been Invested Through Equity Crowdfunding Platform

Finland-based equity crowdfunding platform Invesdor announced on Wednesday that €30 million has been invested through its funding portal. This news comes just a few months after Invesdor revealed €25 million was invested on its website. “We are very happy to announce that we just reached the… Read More

Kickstarter Milestone: 10,000 Art Projects Have Been Funded on the Crowdfunding Platform

Less than one week after announcing more than 12.7 million backers have raised $3 billion to go towards independent creators on its crowdfunding platform, Kickstarter shared that 10,000 art projects have been funded through its funding portal. While sharing details about the latest milestone, the Kickstarter… Read More

Kickstarter Hits New Milestone: Funds 25,000 Music Projects

Kickstarter’s first head of music, Molly Neuman, announced on Friday it hit a new crowdfunding milestone. The portal has helped 25,000 music projects successfully secured their funding targets. According to Neuman, 22,702 independent creators behind the projects have recorded albums, funded tours, founded labels, premiered… 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

LendingHome’s Investor Platform Hits $100 Million Invested Since January 2016 Launch

Marketplace lender LendingHome announced on Wednesday its investor platform has successfully hit its $100 million invested milestone since its debut in January 2016. According to LendingHome, the investor platform gives accredited investors access to a marketplace with the same short-term, high-yield real estate assets that… Read More

Digital Investment Advisor Stash Reaches 500,000 Investor Milestone

Digital investment advisor Stash announced on Wednesday it has reached the 500,000 investor milestone. The company surpassed the achievement on Mach 12th.  Stash revealed in a blog post: “Congratulations, Stashers! You’re now part of a community that’s 500,000 and growing. You are taking an active… Read More

Propel(x) Announcement: $5.3 Million Raised For Deep Technology & Science Startups Through Platform in 2016

Online angel investment platform Propel(x) announced on Wednesday its platform hit a significant growth milestone in 2016 by helping to secure $5.3 million for deep technology and science startups. Sharing details about the milestone, Swati Chaturvedi, CEO and Co-Founder of Propel(x), stated: “2016 was a successful year in connecting… Read More

Monzo Milestones: £100 Million Spent By 100,000 Users

Crowdcube #FundedClub member Monzo announced it not only surpassed 100,000 users, but the users have also successfully spent £100 million. While sharing details about the 100,000th user, Monzo stated: “This year has been pretty exciting so far and today is no exception. We’re proud to announce… Read More

Invesdor’s Lasse Mäkelä Reports: Money Invested & Average Campaign Round Size on Crowdfunding Platform Doubled in 2016 (Infographic)

Invesdor’s CEO Lasse Mäkelä announced on Wednesday that it a great 2016 and revealed during the past twelve months, funds invested and the average campaign round size on its equity crowdfunding platform doubled from the previous year. The 2016 numbers reveal comes just a couple weeks after… Read More