Balderton Capital is best known for their fintech investments in Nutmeg, Revolut, Crowdcuve and Prodigy Finance; the firm has now launched their sixth fund totaling $375 million from investors in Europe, Asia and the US; they have made 10 investments across five countries since March. Source
Reuters reports that Colchis Capital Management, a major player in investing in online direct lending platforms is winding down its...
Recently we learned that Direct Lending Investments, one of the largest fund managers in the alternative lending space was suspending...
As marketplace lending continues to mature, we are seeing more options to access this asset class. One of the major...
LendTech Capital Partners is a new investment advisor focused on equity investments in the marketplace lending industry. Their newly created...
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
[Update 3/20/2019: Bloomberg is now reporting that Brendan Ross has resigned as CEO of Direct Lending Investments and that the...
Bill Miller discusses his $154 million hedge fund MVP 1 and its 30% allocation to bitcoin in a Wall Street Journal article; the fund is up 72.5% this year and according to a letter to investors the fund paid an average price of $350 per bitcoin; while his fund has done well he is aware of the risks that bitcoin could go to zero, providing his perspective in the article. Source
Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...
Today LendingRobot launched a new alternative lending hedge fund called LendingRobot Series to add to its suite of products. This...