News Briefing - Crowdfunding, SME And Alternative Finance

escalator in underground station

1.UK – P2P / Real Estate

Peer2Peer Finance News reports on a potential IPO in the sector.

“LENDINVEST has confirmed that it is considering a stock market flotation.

The online property lender said on Thursday that it is considering a range of strategic options including an initial public offering (IPO), after Sky News reported that it was plotting a £500m float.

LendInvest itself is privately owned, but it has a listed subsidiary LendInvest Secured Income, which made a statement on the London Stock Exchange.

“Further to recent press speculation, LendInvest Limited, the ultimate holding company of LendInvest Secured Income plc, has confirmed that, together with its major shareholders, it is considering a range of strategic options for the business, including a potential IPO,” it said.”

2. US – AltFi


Bloomberg reports:


“Lee Fixel, head of Tiger Global Management’s private equity business, is leaving the firm after more than a decade to manage his own money.

Fixel, who’s a partner at the $26 billion firm, will depart on June 30, Tiger Global said in an email to investors seen by Bloomberg. Scott Shleifer will take over as head of the unit. Fixel, 39, may start his own investment firm, according to the email.”

3. International – Equity


Smart Company examines a women-focused equity raise in Australia.


“Women-only ridesharing startup Shebah has passed the $1 million mark in its equity crowdfunding campaign, making it the biggest raise on the Birchal platform ever, and the first successful campaign to have more women investors than men.

In fact, a record 94% of Shebah’s equity crowdfunding investors are women.

Alongside Shebah, women-founded startup Motherhood App is also raising on the Birchal platform.”


4. International – FinTech


Crowdfund Insider reports:


Credit Suisse announced on Thursday it has joined forces with Swiss software provider KLARA to simplify online credit requests for SMEs. Credit Suisse reported that starting now, SMEs that use KLARA may submit online credit requests to its platform.”

5. International – AltFi/Real Estate


Modest Money showcases a World Bank report that estimates a $93 billion market size for the alternative approach to real-estate investment, as compared to $34 billion in 2015.