Reuters reports that Colchis Capital Management, a major player in investing in online direct lending platforms is winding down its...
Chip Mahan, helped build Live Oak Bank as well as nCino; now Mahan along with Gene Ludwig are creating a...
Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...
Recently we learned that Direct Lending Investments, one of the largest fund managers in the alternative lending space was suspending...
According to a blog post by the company, the fund will provide. ”financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way”; the company also said it will not invest in security tokens at this time; it is likely that the company is sitting on significant amounts of cash which put it in a good position to launch a fund; revenues in 2017 totaled over $1 billion; Bloomberg reported that the top ten largest crypto exchanges take in $3 million in fees per day. Source
QED is one of the leading venture capital firms in fintech; they have many notable investments such as Nubank, SoFi,...
Northwestern Mutual is creating a second venture fund which will invest between $500,000 and $5 million in Series A/B rounds...
Today, SoFi announced a new index fund focused on the gig economy; GIGE trades on the Nasdaq and is actively...
[Update 3/20/2019: Bloomberg is now reporting that Brendan Ross has resigned as CEO of Direct Lending Investments and that the...