Crowdfund Insider reports on the launch of LendIt's PitchIt competition at Lang Di China in July; LendIt has partnered with JadeValue to support the competition and its finalists; applications are now open and the final competition will include eight finalists; the competition's finalists will be matched with mentors for business development and the winning startup will be given additional resources from JadeValue including coworking space, a $150,000 investment and technical tools. Source
StackSource has launched an online lending platform for commercial real estate; the company provides a marketplace for connecting owners and developers with banks and non-bank lenders for credit financing; the multi-lending platform connects borrowers with lenders through the StackSource proprietary lender database; StackSource was developed from the TechStar accelerator program and was founded by Tim Milazzo. Source
PitchIt@LendIt and the LendIt industry awards were two highlights of the two day LendIt USA conference; Nova Credit was the PitchIt winner, presenting its business plan for the world's first cross-border credit reporting agency; on Tuesday evening LendIt also announced award winners in 18 categories at its first LendIt Industry Awards Show. Source