We find crowdfunding news from around the world and share it with you here. Some content is translated by our rather worldly in-house staff.

ICONOMI Distributes All ICN AppTokens Among Investors Less Than A Month After ICO


ICONOMI, the globally licensed and regulated bitcoin exchange, announced on Tuesday it is distributing all ICN apptokens among its investors less than a month after its successful Initial Coin Offering (ICO). The company reportedly issued 100 million ERC20 compliant apptokens, which represented 100% ownership of ICONOMI, to the… Read More

Dream Payments Named Winner of Global Fintech Challenge VentureClash


On Tuesday, Toronto’s cloud-based mobile payment platform Dream Payments announced it was named the winner of the global investment challenge for fintech and digital health companies, VentureClash. The event was held on October 20th at Yale University. The company stated it was among almost 200 contenders… Read More

Downing Crowd Successfully Raises £1.25 Million for “Hydro Bond”


Downing Crowd has successfully raised £1.25 million to fund its first ever “Hydro Bond” for a newly opened ‘run-of-river’ power station developed by Nightjar Sustainable Power Limited in Argyll, Scotland. Downing Crowd is an offshoot of Downing LLP, an investment manager founded in 1986. Downing… Read More

MobiKwik Co-Founder Upasana Taku Comments: No Transaction Fee for Unorganized Retail Merchants ‘Til 2017!


No transaction fees until 2017! The India-based online recharge and mobile wallet company MobiKwik announced that it is waving its per transaction fee for all unorganized retail merchants until December 31 to promote the adoption of e-cash among the local grocery stores, chemists, apparel stores… Read More

Cambridge Centre for Alternative Finance Announces Research on Blockchain


The Cambridge Centre for Alternative Finance (CCAF), has announced a new study focused on blockchain utilization and development.  CCAF has quickly become the global leader in alternative finance research with its annual reports targeting different regions around the world. CCAF has now undertaken their first… Read More

La Banque Postale Takes a 10% Stake in Debt-Based Crowdinvesting Platform WeShareBonds


La Banque Postale, one of the top 10 French banks, announced that it was taking a 10% equity stake in WeShareBonds, a new French alternative SME financing platform, at an undisclosed valuation. The deal validates WeShareBonds and the French crowdlending sector. La Banque Postale is… Read More

DirectMoney Secures Institutional Funding Deal for New Loans


Australian online lender DirectMoney (ASX: DM1) has secured institutional funding for loans originating on its platform, according to the company’s board of directors.   The specific details were not immediately available but reportedly contractual terms on the wholesale institutional loan funding agreement was made with… Read More

CoAssets Partners with Linca Group on EPIC China Series

Getty Goh and Robert Reynolds

CoAssets Limited (ASX: CA8), a Singapore-based crowdfunding platform and even organizer, is partnering with the Linca Group, with the support of the Fuzhou district government, to bring their EPIC series to Fuzhou, China. Entitled “One Belt, One Road – Infinite Possibilities”, the Expo in Property, Investing and… Read More

Bruce Davis, MD of Abundance, Shares Insight & Perspective on FCA Regulatory Review


Bruce Davis is a founder and Joint Managing Director at Abundance, a peer to peer investing platform focused on renewable energy projects. He is also part of the original team that launched Zopa – the very first peer to peer lending platform to set up… Read More

KPMG & H2 Ventures Announce Third Annual Fintech 100 List


On Monday, H2Ventures and KPMG Fintech teamed up to announce the third annual Fintech 100 list, which notably includes 50 “established” fintech companies from across the global and 50 “emerging stars.” The Fintech 100 includes 35 companies from the Americas, 28 companies from EMEA, plus… Read More

EIS Has Been a Great Success in Funding Growth & Creating Jobs

UK Charles Darwin Money

The Enterprise Investment Scheme (EIS) has been a standout driver of both economic growth and job creation. A recent paper published (PDF download) by Hardman & Co – a firm that provides research on EIS eligible companies, highlights these benefits. While EIS has been a catalyst… Read More

Singapore Signs Fintech Cooperation Agreement with South Korea

Sopnendu Mohanty

The Korean Financial Services Commission (KFSC) and the Monetary Authority of Singapore (MAS) have signed a “cooperation agreement” to provide a framework to work together on Fintech initiatives.  Acdording to MAS, under the agreement the two agencies will explore potential joint innovation projects on technologies… Read More

IntelligentCrowd.TV Raises Capital on SyndicateRoom & Angel Investment Network

Shane Smith Announces IntelligentCrowdTV

IntelligentCrowd TV has announced its intent to raise capital online in their “initial crowd offering.” IntelligentCrowd TV has posted an offer on the Angel Investment Network and stated its intent to soon list a share offer on SyndicateRoom at a lower a lower minimum investment requirement…. Read More

Chinese Government Publishes White Paper on Blockchain


The Chinese Ministry of Industry and Information Technology, along with the National Standardization Committee, Chinese Blockchain Technology and others have published a white-paper on Blockchain technology. The document has been in the works since this past August. The Bank of England stated recently that 24… Read More

Amicus Files for Full Banking License in UK

UK Money iPhone Queen

Amicus is queued up to become a digital challenger bank as it has filed with the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) for a banking license. Currently, Amicus has three specialist divisions including property finance, commercial finance and asset finance.  The new… Read More

Singapore Signs Cooperation Agreement with Southern India State of Andhara Pradesh

Singapore Fintech iPhone Asia

The Monetary Authority of Singapore (MAS) has signed another cooperation agreement to help propel mutual interests in Fintech development.  MAS has signed an agreement to cooperate with the government of Andhra Pradesh (GoAP), a state in India. Andhra Pradesh is one of 29 states and… Read More

Bondora to Remove Primary Market View Feature From User Interface


Bondora, a European peer to peer lender based in Estonia, announced on Friday it is removing the Primary Market View feature from its user interface. This change will go into effect on November 1st. Bondora stated it was removing the feature because the speed of their… Read More

EIS Association Advocates for Better SME Funding in Support of Small Business Taskforce


As everyone knows by now (or at least they should), small and medium-sized businesses are vital for economic growth and prosperity. SMEs are the job creators in the UK – and around the world. The Enterprise Investment Scheme Association (EISA) has worked diligently to promote… Read More

Crowdcube Alum Monzo Secures £4.8M During Interim Funding Round Led By Passion Capital

Monzo 2

On Thursday, app-only bank and Crowdcube alum, Monzo, announced it has raised £4.8 million during an “interim” funding round, which was led by Passion Capital. The company crushed past records by securing £1 million in an astounding 96 seconds.  According to Business Insider, the funding round now values Monzo… Read More