Site Launches
Blackhawk Investments Opens Peer to Peer Lending to Real Estate
Blackhawk Investments is opening the peer to peer lending space up to real estate investors. Blackhawk Investments allows borrowers looking for real estate loans to enlist on their platform and request a loan; upon qualifying they will be matched to interested investors. Lenders can enroll on their platform, browse the loan request and choose where [...]
CrowdIt Offers First 64 Submitted Crowdfunding Projects Complimentary Publicity (via PR Newswire)
CrowdIt Offers First 64 Submitted Crowdfunding Projects Complimentary Publicity (via PR Newswire) Company will launch all projects on June 4 (6/4) when official site goes live SPRINGFIELD, Mo., April 10, 2013 /PRNewswire/ — CrowdIt (www.crowdit.com), the crowdfunding site for the “New American Dream,” today announced it will provide free media exposure to the first 64 [...]
BlueRun Media Launches Film Crowdfunding Management Service
BlueRun Media launches a crowdfunding film management division BlueRun Crowdfund. BlueRun Crowdfund will be utilizing crowdfunding outlets to help their current clients exposure. Read more in the press release below: Leading the Way in Film Crowdfunding Crowdfund leader launches film crowdfunding management services, starting with eight films and top indie film companies such as Mad [...]
CrowdIt Previews First Crowdfunding Projects (via PR Newswire)
CrowdIt Previews First Crowdfunding Projects (via PR Newswire) Crowdfunding projects represent the entrepreneurial spirit that CrowdIt sees driving the emergence of the New American Dream SPRINGFIELD, Mo., April 2, 2013 /PRNewswire/ – CrowdIt (www.crowdit.com), the crowdfunding site for the “New American Dream,” today announced early crowdfunding projects submitted…
CrowdFunders Go Global
CrowdFunders Go Global (via PR Newswire) The Soho Loft takes Crowdfunding on the road, 250+ Conferences with EU Angels, Indiegogo and Kickstarter NEW YORK, Jan. 19, 2013 /PRNewswire-iReach/ — The Soho Loft is expanding its financial innovation conferences globally. Led by financial innovation visionary David Drake, the firm now co-produces…
RebuildingSociety Launches in UK
RebuildingSociety.com was recently brought to my attention on Twitter. The company was founded in 2011 and launched in 2012. The website is still in it’s beta, but Rebuilding Society is positioning itself as an alternative to Funding Circle that is necessary in the peer to peer lending space. Here’s what the company has to say [...]
Massow’s Angels Is Newest Entrant Into Peer To Peer Lending Industry
Massow’s Angels, led by entrepreneur Ivan Massow, is a new peer to peer lending marketplace that allows consumers to lend money directly to established small businesses. Here is the press release: LONDON, May 15, 2012 /The Telegraph/ — Ivan Massow, the entrepreneur best known for setting up Britain’s first financial firm for gay clients, has [...]
Zopa Italy Rebrands as Smartika
Zopa and Zopa Italy have ended the franchise agreement which allowed Zopa Italy to use the Zopa branding. As a result, Zopa’s Italy operations will be rebranding under the name Smartika.IT. Smartika CEO Maurizio Sella recently made the following announcement about the name change (this is a rough translation from the original Italian): The franchise [...]
SoMoLend Launches P2P Lending Service in Ohio
SoMoLend, short for Social Mobile Lending, launched its peer-to-peer lending service in the state of Ohio today. The Business Courier did a write-up about SoMoLend today. You can view SoMoLend’s new website at https://www.somolend.com/. You can also view a press release about the company’s financing here. The site was founded by Candace Klein, an attorney [...]
New Method to Find Loans on Lending Club Secondary Market
When Lending Club and Prosper first launched their services, there was no way to liquidate one’s peer-to-peer lending investment. After launching, both companies partnered with FolioFN to create secondary markets that allow investors to buy and sell notes to one another. Unfortunately the software that FolioFN has doesn’t do that great of a job of [...]
New P2P-Lending Company, SoMoLend, Receives $310K in Seed Funding
SoMoLend, a yet-to-be-launched peer-to-peer lending company, has received $310,000 in seed funding from CincyTech and other private investors. Not much is known about this new entrant into the peer-to-peer lending arena, but the company noted that it plans on focusing on “the social, mobile and local aspects of the loan market.” SoMoLend’s website does not [...]
Lending Club Named “AlwaysOn Global 250” Winner
Lending Club was named one of AlwaysOn’s AlwaysOn Global 250 winners for the company’s lending platform, which is, according to AlwaysOn, “disrupting the online lending space.” Here’s the full press release. SAN FRANCISCO, CA – July 28, 2011 – Lending Club, (http://www.lendingclub.com), the leading platform for investing in and obtaining personal loans, today announced that it has [...]
Social Lending Network’s Peter Renton Interviewed on Denver News
Peter Renton, of Social Lending Network, was interviewed on a local Denver TV Station, Channel 9 news this week. 9News Business Reported interviewed Renton about peer-to-peer lending during the channel’s morning show. The reporter also did a short article, titled “Keeping track of peer-to-peer lending.” Here’s the video:
ThinCats Joins U.K. Business P2P Lending Market
A new company, ThinCats.com, has entered into the U.K. peer-to-peer lending market, joining the ranks of Zopa, Yes-Secure, and Funding Circle. Unlike many of the first generation peer-to-peer lending companies that focus on consumer loans, ThinCats aims to provide an additional fundraising option to small and medium sized businesses. Businesses can take out loans between [...]
P2P Financial Brings Crowd Funding to Canada
The business of peer-to-peer lending continues to evolve, with companies such as Peerform and National Family Mortgage developing products that allow family members to give each other loans and companies such as Rebirth Financial and MicroVentures developing services that allow businesses to directly raise venture capital from individuals. Toronto-based P2P Financial has taken this business [...]
National Family Mortgage Facilitates Home Loans between Family Members
National Family Mortgage is one of two companies that are working to revive a peer-to-peer lending business model first explored by Virgin Money USA. Rather than serving as a marketplace for strangers to lend money with one another, as Prosper.com and Lending Club do, National Family Mortgage and a similar company, LendFriend, are developing businesses [...]
Peerform Offers an Institutional Approach to Peer-to-Peer Lending
Prosper and Lending Club have dominated the peer-to-peer lending industry in the United States for the last for years, but a new wave of peer-to-peer lending companies, including LendStreet, National Family Mortgage and Rebirth Financial are offering their own take on peer-to-peer lending. One of these companies, Peerform, plans to compete in the peer-to-peer lending [...]
Rebirth Financial to Offer Peer-to-Peer Loans for Small Businesses
Most peer-to-peer lending companies offer loans to individuals that are funded by individual investors. Sometimes the loans are setup anonymously and indirectly and sometimes they’re setup between people that have existing relationships. Rebirth Financial hopes to do something different. Rather than providing loans to individuals, the company plans on offering peer-to-peer loans directly to businesses. [...]
LendFriend Revives Virgin Money USA’s Business Plan
In 2007, Virgin USA acquired CircleLending, a peer-to-peer lending company that allowed people that knew each-other in real life to loan money to one another. The service was renamed to Virgin Money USA and continued to operate until November 2010, when Virgin Money withdrew from the U.S. market. The idea of creating a service where [...]
Madiston PLC to Launch New U.K Peer-to-Peer Lending Site “LendLoanInvest”
Madison PLC will be soon launching a peer-to-peer lending site in the United Kingdom. The site will operate under the name “Lend Loan Invest” and will make use of the domain, LendLoanInvest.Co.Uk. Madison PLC has not announced when it’s planning to launch its new peer to peer lending service, but says on its corporate website [...]
P2P lending is heating up! These early companies exploring the platform will be very successful. I'm Impressed 
Did u actually get the funds, is this a payday loan?