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USA

EuropeFintechNews RoundupUSA
·Apr. 21, 2020

Funding Circle and Others Can Prove Themselves Amid Current Pandemic

Funding Circle has struggled in the public markets since their IPO in 2018; now Funding Circle and their peers have...
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FintechNews RoundupUSA
·Apr. 15, 2020

Funding Circle Approved for Paycheck Protection Program Loans

Yesterday, Funding Circle announced that they have been approved to provide Paycheck Protection Program loans directly through their online portal;...
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FintechNews RoundupUSA
·Jan. 29, 2020

Funding Circle Completes Seventh Securitization

Funding Circle’s latest securitization is their second securitization of US loans; The $252 million securitization (Small Business Lending Trust 2020-A...
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FintechNews RoundupUSA
·Apr. 25, 2019

Funding Circle Cuts Returns Again

UK based online small business lender Funding Circle has cut expected returns for the second time; the firm says there...
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FintechNews RoundupUSA
·Mar. 3, 2020

Funding Circle Looks to Entice Investors with Amazon Gift Cards

Investors who allocate at least £15,000 are eligible for a new promotion offered by Funding Circle targeting individual investors; investors...
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EuropeFintechUSA
·Jul. 8, 2020

Funding Circle Releases an Update on UK and US Business

Funding Circle released a trading update today that provides some insight into how they are doing in the UK and...
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FintechNews RoundupUSA
·Mar. 1, 2019

Funding Circle USA Crosses $2 Billion Milestone

Since launching in 2013 Funding Circle USA has now reached $2 billion in total loans originated; if it was a...
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FintechNews RoundupUSA
·Feb. 19, 2020

Funding U Finds Success and Roadblocks in Reinventing Student Lending

Funding U launched in 2016 to help students fund their education by using academic performance as a predictive credit model;...
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FintechNews RoundupOnline LendingReal EstateUSA
·Apr. 6, 2017

Fundrise Files for a For-Sale Housing eFund

Fundrise plans to offer a new fund that invests in the development of homes for sale in Los Angeles, California; investors in the fund will be investing in a diversified portfolio of real estate properties in development and for sale with the option to buy homes in the portfolio; investors will receive distributions from the fund's operating cash flow which will primarily be generated from the sale of homes in the fund; distributions may also be made from other sources of cash flow including structured equity or debt.  Source

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FintechNews RoundupUSA
·Aug. 31, 2017

Fundrise Income eREIT Re-Opens for Investment

The Fundrise Income eREIT previously sold out and was closed to new investors; the platform has re-opened the Income eREIT and requires minimum investment of $1,000; the Income eREIT is focused on investments in real estate debt and has posted a 10.5% annualized dividend yield. Source

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