Tagged: milestone

December 15, 2016 @ 11:14 am By Samantha Hurst  |  

Scandinavia-based crowdfunding platform FundedByMe announced on Thursday it raised almost €30 million for 461 successful campaigns in 2016. The funding portal revealed it has over 74,000 registered members from 179 countries with an average €5,500 per investment and investments from 45 countries CEO and co-founder, Daniel Daboczy,… Read More

December 13, 2016 @ 11:07 am By Samantha Hurst  |  

On Tuesday, fintech firm Even Financial announced it increased loan originations by 205% quarter over quarter since the beginning of 2016. The company reported that, with more than $1.5 billion in loan requests, its platform has grown to serve over one million customers with its… Read More

December 12, 2016 @ 1:37 pm By Samantha Hurst  |  

On Monday, Crowdcube announced it was the first UK crowdfunding platform to raise £200 million for more than 430 businesses. This news comes just after lingerie and nightwear brand, Bluebella, secured over £1 million through the funding portal from more than 600 investors. The equity crowdfunding platform stated:… Read More

December 9, 2016 @ 8:16 am By Samantha Hurst  |  

Assetz Capital announced on Friday that November 2016 was officially the peer to peer lender’s most successful month ever. The website confirmed it lent £26 million to users, £100 million for 2016.  Commenting on the online lender’s November success, Stuart Law, CEO of Assetz Capital, stated:… Read More

November 3, 2016 @ 12:33 pm By Samantha Hurst  |  

UK-based alternative finance lender for SMEs, LendingCrowd, announced on Thursday it has received full authorisation from the Financial Conduct Authority (FCA) and considers itself UK’s second peer-to-peer lending platform and first peer-to-peer lender for SMEs to move from interim to full authorization status, which went into… Read More

October 19, 2016 @ 8:38 am By Samantha Hurst  |  

Earlier this week, GoFundMe announced it has surpassed $3 million in funds raised from more than 25 million donors through its global crowdfunding platform. Speaking about the milestone, the GoFundMe team explained: “GoFundMe’s giving community has come together to support those who need help time… Read More

September 19, 2016 @ 9:06 pm By Samantha Hurst  |  

On Monday, RealtyShares announced over $200 million has been secured through its real estate crowdfunding platform from its network of investors for residential and commercial real estate projects across the country. The funding portal revealed that it connects more than 25,000 accredited and institutional investors with… Read More

September 16, 2016 @ 9:44 am By Samantha Hurst  |  

Earlier this week, RateSetter announced it has surpassed 100 million in car financing. and is considered the first peer-to-peer lending platform to lend the amount through motor partnerships. Sharing details about the new milestone, head of RateSetter Motor Finance, Nick Elkan, reportedly stated: “These are exciting… Read More

September 14, 2016 @ 10:19 am By Samantha Hurst  |  

On Tuesday, Crowdcube #FundedClub member Sugru announced it is set to hit a new milestone very soon. The company reports nearly 10 million single packs of its moldable glue. This announcement comes just after Sugru launched its new website. The Sugru team revealed: “We’re about… Read More

August 16, 2016 @ 1:36 pm By Samantha Hurst  |  

Crowdfunding giant Kickstarter announced on Tuesday $100 million had been pledged to publishing projects since its debut in 2009. The  website confirmed: “Since we launched seven years ago, authors, publishers, book shops, poets, podcasters, and more have brought their creative projects to life with the… Read More

August 16, 2016 @ 9:39 am By Samantha Hurst  |  

Premiere fintech company, Bizfi, announced on Tuesday an increase of 25 percent in year-over-year small business lending originations in the second quarter of 2016, which totals more than $144 million, compared to $116 million in 2015’s second quarter. Bizfi also reportedly reached its $1.8 billion lending mark to more… Read More

August 4, 2016 @ 4:35 pm By Samantha Hurst  |  

Money360, a commercial real estate online marketplace lending platform, announced on Thursday it has officially surpassed the $100 million in closed commercial real estate loans with the completion of $15.25 million in recently closed loans. According to CEO and founder of Money360, Evan Gentry, much of… Read More

July 12, 2016 @ 12:46 pm By Samantha Hurst  |  

On Tuesday, Kickstarter announced its food projects have successfully surpassed $1 million funding milestone. The funding giant declared: “We’ve got some tasty, tasty news — this week, we’re celebrating 100 million dollars pledged to Food projects on Kickstarter. That’s $100 million from folks who’ve helped innovative cookbooks, new… Read More

April 7, 2016 @ 3:50 pm By Samantha Hurst  |  

CAN Capital, a market share leader in alternative small business finance, announced on Thursday that it has reached the milestone of providing small businesses with access to more than $6 billion.  CAN Capital revealed that it has helped facilitate over 170,000 small business. In the past five… Read More

March 16, 2016 @ 3:18 pm By Samantha Hurst  |  

Real estate crowdfunding platform, Sharestates, announced it has passed the $100 million in raised capital mark. As previously reported, Sharestates is a investment platform that allows investors to participate in  pre-vetted real estate projects. Sharestates sources and qualifies potential opportunities and offers securities to accredited investors… Read More

March 9, 2016 @ 12:09 pm By Samantha Hurst  |  

Herio Capital, an online marketplace lender, announced on Tuesday it has funded over $20 million to American entrepreneurs and small businesses since launching in February 2015. The news  comes after successful third and fourth quarters that have Herio poised for another year of growth in… Read More

February 29, 2016 @ 2:55 pm By Samantha Hurst  |  

Marketplace lending platform, Avant, announced on Monday it has surpassed $3 billion in loan originations in the past three years. With 440,000 customers worldwide, Avant is changing the way consumers borrow by lowering the costs and barriers of borrowing. Founded in November 2012, Avant has reportedly… Read More

February 17, 2016 @ 9:33 am By Samantha Hurst  |  

On Tuesday, GoFundMe announced its platform has helped secure over $2 billion for various causes and projects since its launch nearly six years ago. The funding portal declared: “Today, GoFundMe hit an amazing milestone: over 2 billion dollars have been raised for our users. We… Read More

February 11, 2016 @ 10:42 am By Samantha Hurst  |  

Joining in on Crowdcube’s fifth birthday celebration, #FundedClub member Pavegen offered up some delicious cupcakes to the equity crowdfunding platform. Last summer, the London start-up successfully secured over £2 million during its equity crowdfunding campaign on Crowdcube. The company’s technology converts footsteps into electricity, making it possible to power services… Read More

February 9, 2016 @ 11:03 am By Samantha Hurst  |  

While in the midst of celebrating Crowdcube’s fifth birthday, co-founder and CEO of the crowdfunding platform, Darren Westlake, took some time to address issues and rumors that have surfaced over the years. In recent news, sources claimed that the crowdfunding platform misled investors by “drip-feeding” money… Read More