Global

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.

Singapore’s Crowdo Receives CMA License for P2P Lending & Equity Crowdfunding from MAS

crowdo

Singapore-based crowdfunding platform Crowdo received its full Capital Market Services (CMS) license from the Monetary Authority of Singapore (MAS) for securities crowdfunding (SCF) to deliver P2P lending and equity crowdfunding, according to the platform’s blog, reportedly making Crowdo the first and only regional operator that can undertake licensed… Read More

News Corp VCCEdge India FinServ Insights: India Fintech’s 23 Deals Harvest $184 million

Nita Kapoor

News Corp VCCircle, Indian publisher of startup and private equity news, data and information, released News Corp VCCEdge India FinServ Insights related to funding in India’s Fintech sector, with a focus on segments of online personal finance and lending, reported BWDisrupt. News Corp VCCEdge, the financial… Read More

Brief: Flat Cap Hotels Taps Seedrs for Luxe Cheshire Property Fundraise

flat cap hotels

A new British hospitality group Flat Cap Hotels which was founded in 2015 by brothers Oliver Heywood, a former Business Development Manager of London’s iconic The May Fair Hotel, and Dominic Heywood, is planning to open a second property in Knutsford, Cheshire with the help of its crowdfunding campaign… Read More

WePay Crosses the Atlantic and Sets Up Shop in UK

Adam Smith Money UK

WePay, a “payment as a service” platform” has opened up offices in the UK to further expand its reach into the white label payment sector including crowdfunding and other marketplaces.  WePay already provides services to GoFundMe, a very large donations-based platform in the US. The… Read More

Sorry for the Delay: FCA Apologizes for Extensive Wait Times for Authorizations

This Train is Late

The Financial Conduct Authority (FCA) has finally “fessed up” and publicly admitted to what everyone already knew. They are backed up and behind in processing authorizations for firms seeking their stamp of approval.  Of course, this includes alternative finance platforms and P2P lenders seeking approval… Read More

Gillian Roche-Saunders Shares Insight into UK FCA Crowdfunding Regulatory Review

Gillian Roche-Saunders Quote

Gillian Roche-Saunders, is a partner at the law firm of Bates, Wells & Braithwaite in London.  She is a leading regulatory consultant in the Fintech sector having been engaged in alternative finance for the past five years – before the FCA jumped in to officially… Read More

Brexit Fallout? Report Says VC Activity Declined to Lowest Level in Years

UK Queen Elizabeth Money

What we do know about the Brexit is that uncertainty equals risk. And additional risk compels investors to become more cautious in their actions. With so many unknowns regarding the ramifications of the Brexit decision, it is going to take some time to sort things… Read More

Eazl Arts Teams Up With PledgeMusic for Art In A Corner Charity Fundraising Project

Art in a Corner

On Monday, UK social enterprise Eazl Arts announced it has teamed up with crowdfunding platform PledgeMusic to launch its Art In A Corner Charity Fundraising Project, which is celebrating the 50th anniversary of The Beatles’, Images Of A Woman, a painting created during the band’s… Read More

UK P2PFA Releases Peer to Peer Lending Data for Q2 as Growth Slows

P2PFA Members as of January 2016

The UK Peer to Peer Finance Association (P2PFA) has released its second quarter numbers for 2016. The P2PFA was founded in 2011 as a self-regulatory body for the sector to promote high standards of conduct and consumer protection and represents the largest P2P lenders in… Read More

UK Fintech Bridge Launched with Korea as FCA & FSC Sign Cooperation Agreement

Yim Jong-yong

Just because small events like Brexit crop up does not mean the UK is going to slow down its drive for Fintech relevance and dominance. This week the Financial Conduct Authority (FCA) and the Korean Financial Services Commission (FSC) signed a “regulatory cooperation agreement”. This new… Read More

Plutus Raises $1 Million in Crowdsale of Plutons

Plutons Bitcoin

ICYMI London-based start-up Plutus Tap & Pay raised money in a “Crowdsale”.  Plutus is creating a contactless payment system for cryptocurrencies. According to a statement by Plutus; “Over a thousand people rushed to participate to what was probably the shortest 9 day crowdfunding round to… Read More

Renaissance Australia: 10 Australian Startups, Including Fintech & Cybersecurity, Join Tel-Aviv Accelerator Program

Australia 100 Dollars Money

Earlier this week, StartUpIsrael reported that 10 Australian startups from Fintech and cyber security are joining a Tel-Aviv accelerator program. Dave Sharma, Australia’s ambassador in Tel Aviv, told StartUpIsrael; “Australia is seeking to become a more innovative and entrepreneurial economy. We have been blessed with natural resources,… Read More

Landbay: From Prelaunch to Established Platform, How Crowdfunding Fueled Business Growth

Progress at Landbay 2

  John Goodall and Gray Stern launched their company, Landbay, with the help of Seedrs.  Before their website was even live, Goodall and Stern were raising seed capital on the crowdfunding platform for their vision of mortgage finance.  Their first funding round was for only £50,000… Read More

Global Entrepreneurship Monitor: Obtaining Finance is Particularly Difficult for SMEs

GEM Report

The Global Entrepreneurship Monitor (GEM) report on Entrepreneurial Financing was published earlier this month. The document is a global snapshot on the state of entrepreneurial endeavors around the world. Produced by a team of researchers from Babson, Oxford and the University of South Africa, Capetown,… Read More

Crowdcube Declares: We’ve Just Welcomed the 3,000th Person To Our Crowd of Investors

Crowdcube

Just a few days after launching its new equity crowdfunding round, Crowdcube announced it has officially welcomed the 3,000th person to its crowd of investors. The company launched its highly anticipated campaign earlier this week and within the first 24 hours, the platform raised over £6… Read More

Property Partner Takes Cautious Approach Post Brexit

footway closed UK london

The reverberations of Brexit aftershocks will be felt for months to come. So many unknown variables create market uncertainty and thus added risk. One of the most immediately impacted sectors of finance was real estate. London has been one of the hottest property markets in… Read More

SeedUps Canada First Funded Company Partners with NewLeaf Airline

Airplane

Jump On Flyways has inked a partnership with NewLeaf, a Canadian discount airline, a nice validation of their business. Jump On Flyways was the first offer funded on SeedUps Canada several years back. Jump On Flyways will provide technology to allow potential airline passengers to… Read More