Tagged: milestone

Canadian Fintech Platform WealthBar Surpasses $100 Million in Online Investments

On Tuesday, Canadian fintech platform, WealthBar, announced it surpassed $100 million in online investments. This announcement comes just as WealthBar completes its second year in business. The platform stated that during its two-year run its clients saved approximately $1.3 million annually in fees when compared to… Read More

German Fintech Platform Raisin Milestone: Surpasses €2 Billion of Investments in Three Years

German fintech platform Raisin announced on Tuesday at the end of 2016, it not only celebrate the 3-year anniversary of its Germany launch but also reached a milestone of €2 billion in invested volume. Dr. Tamaz Georgadze, co-founder and CEO of Raisin, stated: “Raisin is… Read More

Bizfi Milestone: Surpasses $2 Billion In Financing For Over 35,000 Small Businesses

On Thursday, Bizfi announced it hit a new milestone by surpassing $2 billion in financing, through both growth and working capital, to more than 35,000 small businesses across America. Launched in 2015, Bizfi’s marketplace provides small business owners with access to multiple finance options from over… Read More

Crowdcube Unveils Crowdfunding Platform Highlights Over the Last Five Years

On Friday, UK-based Crowdcube unveiled its latest infographic that shared details about its equity crowdfunding platform’s key highlights over the past five years. Crowdcube describes itself as a leading equity crowdfunding platform for both entrepreneurs of start-ups and growing businesses to connect with potential investors…. Read More

FundedByMe Milestone: Doubles Total Funds Raised in 2016

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

Even Financial Milestone: Surpasses $1.5 Billion in Loan Requests & Increases Online Loan Originations by 205%

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

Crowdcube: First UK Crowdfunding Platform to Raise £200 Million

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

Assetz Capital’s Record-Breaking Month: Lends £26 million in November 2016

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

LendingCrowd Milestone: P2P Lender Receives Full FCA Authorisation

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

GoFundMe Milestone: Surpassed $3 Billion Raised on Crowdfunding Platform

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

RealtyShares Announces New Milestone: Over $200M Secured Through Real Estate Crowdfunding Platform (Infographic)

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

RateSetter’s New Milestone: Surpasses £100M in Auto Loans

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

Crowdcube Success Sugru Aims For New Milestone: Nearly 10M Single Packs Have Been Sold (Video)

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

Kickstarter Reports: $100M Has Been Pledged to Publishing Projects

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

Bizfi Originates Over $144M in Financing to Small Businesses in Q2 2016

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

Brief: Money360 Hits $100M in Closed Commercial Real Estate Loans

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

Brief: Kickstarter Celebrates New Milestone; Backers Raise $100M For Food Projects

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

Brief: CAN Capital Hits $6 Billion Milestone

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

Real Estate Crowdfunding Platform Sharestates Hits $100 Million Mark

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

Online Marketplace Lender Herio Capital Hits $20 Million Funding Milestone

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

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