Online real estate investment marketplace RealtyMogul is launching its first crowdfunded commercial property, MogulREIT I.
A FinTech startup, announced their proprietary SaaS cloud-based service had been successfully engaged to facilitate several hundred million dollars in commercial loan transactions. Read more: www.pressreleaserocket.net
Credit is the lifeblood of many an economy and consumer, and it is also crucial for retailers. Read more: www.pymnts.com
Fundation, which makes online business loans, this week completed a $100m credit facility with Goldman Sachs to expand its recent partnerships. Read more: www.wsj.com
Social Finance is unlikely to seek a banking license because its involvement in unorthodox activities like dating services would make it hard to win approval from regulators. Read more: uk.reuters.com
LendingHome announced that $100 million has now been invested on its platform for individual investors. Read more: www.lendinghome.com
California-based FinTech startup Clara has raised $27m in a second round of financing led by Redpoint Ventures and Venrock. Read more: www.altassets.net