FinMkt
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| Industry | Market Data Solutions |
|---|---|
| Founded | 2011 |
| Headquarters | New York City, New York, United States |
Key people | Srikanth Goteti (Co-founder, CTO) Luan Cox (Co-founder, CEO) Todd Aronoff (Vice President)[1] |
| Website | www |
FinMkt is a New York City-based financial technology company founded in 2010[2] under the name GoodWorldCreations and then Crowdnetic, which then rebranded in 2016 to the current iteration.[3][non-primary source needed] It operates the Marketplace Lending Gateway, a computing platform that connects loan applicants to potential alternative funding sources, and also runs Lending Gateway, and Lendvious.com.
In November 2017, FinMkt announced it closed a $5.4 million equity round led by venture capital firm ManchesterStory Group with help from Seraph Group, West Loop Ventures, Sun Hung Kai Financial, Perot Jain, Vectr Ventures, and existing investors bringing the total raised funding to $7.3M. The funding round was to grow Lending Gateway, which has processed over $1 billion in consumer loan applications.[4]
In 2015, Wired reported that CNBC and FinMkt were teaming up on a new crowdfinance index, which Steve Lewis of CNBC called a “seas [sic] change.”[5] The CNBC Crowdfinance Indexes provide an overview of the crowdfunding market. The main CNBC Crowdfinance 50 Index, updated daily, lists the 50 highest capital commitments received by private U.S. firms listed on FinMkt's data platform. Other CNBC Crowdfinance Indexes track real estate, services, and technology.[6][7]
References
- ^ Hurst, Samantha (March 4, 2020). "FinMkt Appoints Former PayPal Executive Todd Aronoff As Vice President of Strategic Partnerships". Crowdfund Insider.
- ^ Rossi, Ben (May 5, 2016). "It's not just for startups: the enterprise case for open data". Information Age. Retrieved 15 September 2016.
- ^ "Notice of Exempt Offering of Securities".
{{cite web}}: CS1 maint: url-status (link) - ^ Marinova, Polina (January 8, 2018). "Term Sheet -- Monday, January 8". Fortune. Retrieved 15 May 2018.
- ^ Alba, Davey (February 4, 2015). "CNBC Unveils Index for Tracking Equity Crowdfunding Revolution". Wired. Retrieved 15 September 2016.
- ^ "Digitzs Hits #1 Spot On CNBC's Top 50 Crowdfinance Index And Shatters Glass Ceiling - Round Closes Soon On Crowdfunder". Baystreet. September 13, 2016. Retrieved 15 September 2016.
- ^ Zaleski, Andrew (April 16, 2015). "Equity crowdfunding hits $662 million in 2015". CNBC. Retrieved 15 September 2016.