Tag Archives: Peer-to-Business

InvestUP.co Adds New Sites to Crowdfunding Supermarket for Total of Thirteen P2B Different Equity Crowdfunding Services

20 Mar

The new portfolio includes Property Moose, Invest & Fund, Assetz Capital, Ablrate and AngelList crowdfunding platforms; allows investors to search for the best deals from all their favorite crowdfunding sites

 By Robert Hoskins

Wells, United KingdominvestUP.co partners with five new equity and Peer-to-Business (P2B) crowdfunding sites, joining the eight crowdfunding sites already on the investUP platform. The new portfolio including Property Moose, Invest & Fund, Assetz Capital, Ablrate and AngelList crowdfunding platforms allows investors to search for the best deals from all their favorite crowdfunding sites, uniquely invest in these without leaving the site and then keep track of their investments

As crowdfunding continues to grow rapidly, UP will help its partner crowdfunding sites develop by focusing on marketing the deals, in effect enabling the crowdfunding partners to concentrate on getting more and better deals on to their platforms. In turn, investors will benefit from access to a superior choice and quality of potential investments via their centralized UP portfolio.

The crowdfunding sites joining the UP platform are:

  • Property Moose – hassle free property investment
  • Invest & Fund – solving investment problems and providing funding solutions for high quality deals
  • Assetz Capital – one of the UK’s largest P2B lending sites
  • Ablrate – asset backed lending focusing on aeronautics
  • AngelList – one of the largest equity crowdfunding sites in the US, having just launched in the UK

James Tuckett, Managing Director at investUP, said, “We live in an age where crowdfunders are demanding more and more deals, yet are faced with a myriad of crowdfunding site choices. Looking for a single crowdfunding site to start a portfolio can be difficult and time consuming. We take the view that, as the crowdfunding supermarket, crowdfunders using our platform should be able to lend and invest in deals from all the key players across the entire market. We are very excited to introduce our five newest partners and look forward to delivering the highest quality of investments to our current and future users.”

UP brings the P2B crowdfunding market together in one place, enabling users to invest via one centralized portfolio (Peer-to-Peer and equity coming soon). It allows investors to search for deals from all their favorite crowdfunding sites, uniquely invest in these without leaving the site and then keep track of their investments. UP is completely free, with no hidden costs. It revolutionizes the market by bringing simplicity and increasing choice for users, in a simple, elegant and straightforward way.

Founded in 2012, investUP officially launched into the market at Finovate Europe in London in 2015. It graduated from the inaugural Startupbootcamp FinTech accelerator in London in 2014, and has recently been named as one of The FinTech 50 2015 Hot 10 companies and included in The Sunday Times’ top 25 fintech companies globally.

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Finance-Technology Company Receives $2 Million Crowdlending Loan from Denver-Based P2Binvestor

11 Jul

New Peer-to-Business lender pools investment from more than 350 accredited investors to provide receivables-based, no equity loss loans for businesses

By Robert Hoskins

Denver, CO – Representing one of the largest single crowdlending transactions ever, P2Binvestor (P2Bi) announced that the crowdlender provided a $2 million line of credit to a Boulder-based Finance-Technology (Fin-Tech) client.  This credit line adds to P2Bi’s rapid growth and puts the young company on a run rate to achieve a lending portfolio of $25 million by the end of its fiscal year.

New Peer-to-Business lender pools investment from more than 350 accredited investors to provide receivables-based, no equity loss loans for businesses

New Peer-to-Business lender pools investment from more than 350 accredited investors to provide receivables-based, no equity loss loans for businesses

P2Bi is a crowdlending platform that provides working investment capital via three types of asset-based loans to small and midsize businesses:

  1. a receivables-purchase product;
  2. an asset-backed line of credit, and;
  3. a credit line secured by future contractual revenue.

“Our easy online application process, quick funding decisions, competitive rates, and crowdfunding model are what set us apart,” said Krista Morgan, P2Bi’s Co-founder and COO. “But at the end of the day, clients love doing business with us because we are genuinely interested in helping them grow. Securing growth capital shouldn’t be a cumbersome process. We make it easier for borrowers.”

The company and its crowd of accredited investors have the capacity to fund multi-million dollar credit lines, lend to companies in all 50 U.S. states, and work with businesses in various industries including technology, staffing, natural foods, manufacturing, and more.

P2Bi provides access to this pool of working capital for innovative, growing companies. It eliminates many of the barriers associated with traditional financing and the high costs associated with subprime commercial lending. The company uses technology and crowdfunding to lower its effective cost of capital to clients.

Established in 2012, P2Bi officially went to market in January 2014. To date, the company has originated financing to clients in six U.S. states in various industries that include technology, energy, staffing, natural foods, and construction.

P2Bi and its crowd of accredited investors provide businesses with flexible capital that can grow with them; line increases are available as clients need them. The company stands behind its financing by offering a rate guarantee that allows clients to transition, penalty free, to a credit line or term loan with another financial institution if they find a better interest rate.

“P2Binvestor’s funding is a long-term solution that also helps us tremendously in the short term as we aggressively scale our product. It allows us to defer an equity raise, which would have been otherwise unavoidable,” said a company spokesperson for P2Bi’s newest client and recipient of the $2 million credit line. The Boulder company asked not to be named as it prepares for its official public launch.

Both companies are alumni of Finovate, a prominent demo-based conference for innovative startups and established companies in the fields of Banking and  Fin-Tech. Finovate hosts a two-day showcase each spring and fall where leading Fin-Tech companies and startups present their technology business models.

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