CrowdOut Capital among Built in Austin’s 50 Startups to Watch

Now in its fourth year running, Built in Austin’s 50 Startups to Watch list highlights local tech companies less than five years old that are bracing for a big 2019. This year’s list includes startups with big ambitions for everything from improving mental health to leveraging emerging technologies like blockchain, robotics, quantum computing and more.

CrowdOut Capital hosts a lending platform that lets middle- and lower-market companies raise money. In November of last year, the fintech startup raised $2.5 million from members of its investor network who participate in their loans, as well as from its CEO and co-founder, Alexander Schoenbaum. Individuals interested in investing can put $1,000 or more directly into corporate loans ranging from $3 million to $50 million.

See the full list: Built in Austin’s 50 Startups to Watch in 2019 (Built In Austin)

February 5th, 2019|Categories: Client News|Tags: , , , , , |

CrowdOut’s Alexander Schoenbaum talks to Tearsheet about the future of lending in 2019 and beyond

Tearsheet asked some of the top experts in online lending, including CrowdOut’s Alexander Schoenbaum, to describe what they feel are the top trends in their businesses.

“We believe that the biggest trend in online lending will be a search for diversity and differentiation,” said Schoenbaum. “With most investors now having found real estate and consumer lending platforms – and spreads compressing from an excess of capital and completion – they will look to alternative credit products that have not saturated the market…”

Read the full article: 17 experts chime in on the future of lending in 2019 and beyond (Tearsheet)

October 5th, 2018|Categories: Client News|Tags: , , , , |

CrowdOut Capital featured in Asset-Backed Alert

A company that writes loans to small and mid-size businesses is talking to investors about a potential securitization.

If it moves forward with the effort, Austin-based CrowdOut Capital would start by privately placing deals with single buyers in 2019. The offerings eventually could take the form of asset-backed securities or collateralized loan obligations.

CrowdOut, which formed in 2015, so far has been employing a marketplace-lending strategy in which it sells its accounts mostly to family offices and asset managers. But some investors recently have told the firm that they would prefer to take exposures to its accounts through securitizations, chief executive Alexander Schoenbaum said.

See full article: Business Lender Engaging Investors (Asset-Backed Alert)


Alexander Schoenbaum, CEO of CrowdOut Capital.

July 27th, 2018|Categories: Client News|Tags: , , , , , |