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UK’s Funding Xchange, which Offers Proprietary Lending Tech, Establishes FXE Technologies Unit

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After selling its proprietary lending technology to banking institutions, Funding Xchange has decided to launch an FXE Technology unit.

The FXE Technology division for lenders will offer affordability and eligibility assessments, along with portfolio monitoring services after loans have been issued.

Funding Xchange Co-founder and CEO Katrin Herrling explained that the FXE Technology unit will be assisting lenders with handling credit model challenges by offering eligibility and affordability models that allow loan providers to leverage transactional data sources to make informed lending decisions.

The offering includes: EmbeddedLending, which allows banks to integrate various lending solutions; SmartFinanceHub which offers a common access point for commercial finance funders and brokers; and PortfolioMonitoring which provides the in-life monitoring technology.

Funding Xchange has been offering its marketplace (since 2014) for small businesses seeking funding from alternative lenders. The company now has an established track record of evaluating applications.

Using real-time data to gain insights into how companies or  businesses are doing has become increasingly important. That’s why FXE Technologies will be offering unique digital capabilities to the SME lending sector.

Funding Xchange‘s FXE Technologies platform should now be able to help lenders assess eligibility and affordability across different products.

Katrin Herrling, Chief Executive at Funding Xchange says that looking for opportunities during uncertain times requires businesses to seek better insights into companies’ trading and payments activities.

She believes it’s clear that there are many good lending opportunities in the market right now and taking advantage of them will require digital capabilities that can reliably identify and provide funding in an efficient manner.

Ben Sher, Chief Commercial Officer at Funding Xchange, notes that as the financial services ecosystem keeps diversifying its products and services, lenders are continuously challenged to address the new digital experience requirements of clients.

FXE Technologies aims to offer both banks and lenders an easy-to-use set of tools to enhance customer conversion while lowering overall portfolio risk and provides an experience to the end customer that they can really appreciate and value.

Customer insight is key for the business. The company aims to continue pulling data from several different credit reference agencies, management accounts providers, open banking, payments data and accounting platforms, Funding Xchange’s management noted.

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Source: https://www.crowdfundinsider.com/2021/07/177694-uks-funding-xchange-which-offers-proprietary-lending-tech-establishes-fxe-technologies-unit/

Crowdfunding

Make 5.9x Your Money… Without Touching Stocks

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Here at Crowdability, Matt and I like to keep a low profile.

For the last seven years, we’ve quietly been teaching ordinary investors like you how to make a fortune by investing in startups.

Sure, professional venture capitalists in Silicon Valley might not like that we’re encroaching on their turf. But since we don’t make a lot of noise, they’ve left us alone so far.

But our cover just got blown — and it might turn Silicon Valley against us for good. You see, a new report just came out, and it puts those “pros” to shame.

And it’s all because of investors like you…

Beating the Pros by 200%

To set the stage here, let me tell you about WeFunder.com.

WeFunder is a regulated “funding platform” that connects investors like you to startup deals. Currently, there are about 70 of these platforms. WeFunder is one of the most active.

A few days ago, it publicly released its performance numbers.

In brief, if you’d invested in every one of its deals from 2013 to 2016 — in other words, no cherry-picking — you’d currently be sitting on gains of 5.9x your money.

That’s enough to turn $10k into nearly $60,000. Or $25k into nearly $150,000.

With the Dow up about 2x in the same time frame, that beats the stock market by about 400%.

Furthermore, according to research firm Cambridge Associates, it’s enough to outperform the very best venture capitalists in Silicon Valley by 200%!

Turning $1,000 into $281,000

Just for kicks, let’s take a look at a few of the WeFunder startup deals that led to this outsized performance.

Zenefits — Zenefits builds software to help companies manage Human Resources.

If you’d invested $1,000 into Zenefits when it raised money on WeFunder, you’d now be sitting on $281,000.

And if you’d invested $5,000 instead, you’d be sitting on nearly $1.5 million.

Checkr — Checkr is a tech startup providing a quick, easy way to do background checks.

If you’d invested $1,000 into it when it was raising money on WeFunder, your $1,000 would now be worth more than $34,000.

Rappi — Rappi is an on-demand delivery startup.

If you’d invested $1,000 into it when it was first raising money on WeFunder, you’d now be sitting on unrealized profits of $26,000.

Don’t Forget To Do This One Thing on Monday

But here’s the thing…

Unless you’d been reading Crowdability, it’s unlikely you’d have known about sites like WeFunder, or invested in its deals.

That’s because, without Crowdability, you’d need to keep track of this fast-growing market all on your own.

You see, right when we started the company, Matt and I invested a great deal of time and money into building special software.

This software gathers the highest-quality startup deals from all over the Internet — not just from WeFunder, but from Republic, SeedInvest, StartEngine, and many others — and it aggregates them into a single place.

And then, every Monday morning at 11am EST, we send you a single email so you can see a few of these new deals for yourself.

That’s why Crowdability members like you had the chance to earn 400% more than stock market investors, and 200% more than the professionals in Silicon Valley…

And that’s why we believe new members will have the chance to earn big returns, too.

So be sure to keep an eye on your inbox Monday mornings at 11am EST!

Happy Investing

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdability.com/article/make-5-9x-your-money-without-touching-stocks

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Crowdfunding

3 Strikes — And Stocks Are Out!

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When Maximilian Kunkel talks, it pays to listen.

Kunkel is a Chief Investment Officer for UBS, the largest private bank in the world.

Founded in 1862 and based in Switzerland, UBS manages $3.2 trillion for some of the wealthiest families in the world — including about half the world’s billionaires.

And here, in summary, is what Kunkel is saying right now:

If you’re looking to make money, forget stocks. Instead, focus on a different market.

Curious what this different market is? Let me tell you…

3 Strikes Against Stocks

As measured by any standard indicator like P/E ratios, stocks are at dangerously high levels right now. And any time the market gets too high, eventually it corrects or crashes.

But for experts like Kunkel, that isn’t the only reason to seek alternatives right now:

  1. First of all, the number of publicly-listed stocks has declined dramatically over the last 25 years or so. In the late 1990s, there were ~8,000 stocks. But by 2016, that number had dropped to ~3,600. Bottom line: there are far fewer stocks to choose from today.
  2. Secondly, the most important trend of our lifetime is the explosion of technology all around us. And yet, according to Kunkel, fewer than 2% of the world’s tech companies are listed on the stock market. The rest of these companies are still private.
  3. And lastly, Kunkel believes that investing in the stock market leads to reactionary decisions. For example, when the market was rocked by Covid-19, many investors panicked and sold — and ended up losing a lot of money.

So, where is Kunkel advising his clients to invest instead?

Simple: private equity.

A Market-Beating Alternative

In a recent interview with Business Insider, Kunkel didn’t mince words.

He declared that, over the next 15 years, the returns from private equity will greatly outpace a traditional portfolio of stocks and bonds.

And here’s the thing:

Wayne and I couldn’t agree more.

We’ve been involved in the private markets for about 25 years now, specifically focusing on early-stage startups. After all, to continue Kunkel’s train of thought:

  1. There are an endless number of startups to invest in.
  1. There are an endless number of tech-focused startups to invest in, and
  1. The longer-term nature of startup investing makes it easier to adopt the type of “buy and hold” mentality that can lead to great financial success.

Furthermore, according to Cambridge Associates — an investment firm with clients like Bill Gates and the Rockefeller Foundation — over the last 25 years, early-stage private equity has generated average annual returns of 55% per year.

That’s about 10x higher than the average returns of the stock market.

Get Started Today

The research team at Kunkel’s bank recently identified three sectors that could provide startup investors with the greatest potential returns:

  • Enterprise software.
  • Cybersecurity.
  • And consumer technologies including e-commerce and fintech.

Ready to do some startup investing in these sectors yourself?

Here’s how:

First, check out our free weekly “Deals” email. We send this out every Monday at 11am EST, and it contains a handful of new startup deals for you to explore.

Second, check out our free white papers like “Tips from the Pros.” These easy-to-read reports will teach you how to separate the good deals from the bad.

And third, if you’d like to accelerate your success in startup investing, consider signing up for our online course, The Early-Stage Playbook, or join one of our premium research services like Private Market Profits.

To learn more, simply call our VIP Member Services department at 1-844-311-3191.

Happy investing!

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdability.com/article/3-strikes-and-stocks-are-out

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Crowdfunding

Why Does this Perfume Smell Like Gas?

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Curing Cancer Just Got Easier

Doctors just discovered that there’s a single protein linked to all kinds of cancer. And now, by targeting this protein, finding a cure for cancer might be more feasible. Learn more »

Why Does this Perfume Smell Like Gas?

In a recent survey, 20% of drivers said they were hesitant about switching to electric vehicles because they’d miss the smell of gasoline. But thanks to this new invention, now the switch should be easy »

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdability.com/article/why-does-this-perfume-smell-like-gas

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Crowdfunding

LEAKED: Startup Profits Revealed

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How much money could you potentially earn by investing in startups?

Well, if you’re a longtime reader here, you’ve seen countless studies on the returns you could have made in the private startup market.

But what about real-world numbers? In other words, actual profits that came from startup investments over long periods of time?

Well, that’s precisely what I want to show you today. You see, a well-known startup investor recently “leaked” his firm’s profit numbers from the past decade.

Today, I’ll share those numbers with you…

So you’ll be able to determine for yourself whether they live up to the hype.

Mutual Funds for Startups

Before we dive into the numbers, first let me explain where they came from.

Professional startup investors are called Venture Capitalists. And their firms are called Venture Capital Funds.

These funds are similar to mutual funds — but instead of investing in a portfolio of publicly traded stocks, they invest in a portfolio of startup companies.

One well-known venture fund is called Union Square Ventures (USV). Its offices are just around the corner from Crowdability’s headquarters in New York City.

USV was an early investor in startups including Tumblr (acquired by Yahoo for $1 billion) and Twitter (which now has a $56 billion market cap).

Profits Revealed

But Tumblr and Twitter are examples of its successful investments.

What about its not-so-successful ones? Or the ones where USV lost money?

Until recently, few people knew what the firm’s true overall returns looked like…

But a few days ago, the firm’s founder and Managing Partner, Fred Wilson, published a blog post including data on the firm’s REAL returns from the past decade.

According to Wilson, over the past 10 years, USV has earned an average of 58.6% per year.

That’s amazing. To put it in context, it’s nearly 10x higher than the stock market average of 6% per year, and it’s even higher than Warren Buffett’s average annual return of 20% per year.

And keep in mind: that figure includes USV’s winners and losers.

Not a Surprise!

To many people, these results were shocking…

But Matt and I weren’t surprised at all.

You see, we’ve been tracking and investing in this market for a long time. So we know how profitable it can be to invest in early-stage private startups.

For example, a couple of years ago, we reviewed a study from an investment research firm called Cambridge Associates. Cambridge advises some of the largest investors in the world — institutions like Harvard University and the Bill Gates Foundation.

In this study, Cambridge published the results on the long-term returns generated by early-stage startup investments. Simply put, it found that, over 25 years, a portfolio of startups generated an average return of 55% per year.

And as you can see, this study matches the real-world returns of USV almost perfectly!

Now It’s Your Turn to Get Started!

After reading this essay, you might be champing at the bit to dive into startup investing.

Well, our mission is to make that as easy — and as profitable — for you as possible.

Which is why Matt recently sat down for a 60-minute interview to reveal our proprietary strategy on Pre-IPO Cheat Codes.

As you’ll see here, these simple codes show you how to get access to the world’s next billion-dollar companies — while they’re still tiny (and cheap) startups.

Click here now to watch the full interview »

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.crowdability.com/article/leaked-startup-profits-revealed

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