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.

Brief: Punakaiki Fund Moves Into Overfunding on Snowball Effect

Punakaiki Fund

Snowball Effect has stated that successfully funded Punakaiki Fund’s offer has been extended. Originally the equity raise had set a low bar minimum target of $200,000 NZD.  Recently the offer neared $2 million NZD but today Snowball communicated that retail investors sill had time to… Read More

United We Conquer: Alternative Business Funding Provides Single Platform to Match SMEs to Sources of Capital

alternative business funding

Alternative Business Funding (ABF) has a growing portfolio of members each with a service to provide access to capital for SMEs. The internet finance providers range from debt to equity, short to long term loans, and more.  The list of collaborators is a who’s who… Read More

Interview with Property Partner CEO & Founder Daniel Gandesha: Highlights Team Synergy, Real Estate & Internet Finance

Daniel Gandesha

  UK-based Property Partner, the residential real estate crowdfunding investment platform, allows people to invest in individual residential properties at the click of a button. Investors receive a monthly rental income and benefit from any capital growth, in direct proportion to their ownership.  Identifying locations and individual properties that are likely to be… Read More

SeedUps Canada is Self-Crowdfunding as Market Heats Up Around the World

SeedUps Canada Making the Connection

SeedUps Canada, a leading equity crowdfunding platform operating out of Calgary, is joining a growing number of platforms that are leveraging their own technology to self-crowdfund their company. SeedUps is reaching out to their growing number of users, and beyond, to capitalize on their first… Read More

Brief: VPC Specialty Lending Ahead of Investment Target

peer lending 1

VPC Specialty Lending Investments (LSE:VSL), has released a statement that the company has invested 87% of net IPO proceeds which is “significantly ahead of the target to be substantially fully invested within six months of admission.”  VPC invests in peer to peer or direct lending… Read More

36 Companies Join to Form France FinTech Association

Alain Clot

Created to bring together companies which are using innovative operational, technological or economic business models  in the financial services industry, 36 companies have formed a new association named France FinTech. Chaired by Alain Clot, the new entity is said to welcome all business using or creating innovative and disruptive… Read More

CrowdProperty Tops £1 Million in Lending

CrowdProperty Funded

Peer to peer lender CrowdProperty has passed its first £1 million milestone. The property lender launched late in 2014 and has set an ambitious goal of facilitating £20 million in loans its first year in operation. CrowdProperty stated the million mark was hurdled as its… Read More

JD.com & ZestFinance Partner on Consumer Credit in China

Shengqiang-Chen

One of China’s largest direct sales platforms JD.com (Nasdaq:JD), and US based ZestFinance, a have formed an agreement to launch a joint venture called JD-ZestFinance Gaia.  This new partnership is designed to support the development of consumer credit in China.  The combined initiative will incorporate ZestFinance’s… Read More

European Crowdfunding Network Steps Up. Elects New Board of Directors

Lisbon Portugal

  Not long ago the European Crowdfunding Network (ECN)  was just an informal group of Europeans involved in the emerging crowdfunding market. Only in 2013 did it come into legal existence as a formal body. Yesterday, during its second General Assembly in the beautiful city… Read More

European Parliament to EC: Capital Markets Union Must Help Fund SMEs

EU EC Europe Growth European Parliament

“High-quality, easily comparable financial information on the companies seeking crowdfunding or peer-to-peer lending should be available across borders” state MEPs The European Parliament issued a statement last week regarding the hot topic of the Capital Markets Union (CMU) across the European Union. One of the… Read More

UK Business Angels Association Announces Awards Finalists

UKBAA Angel Awards 2015

The UKBAA Angel Investment awards are scheduled to take place next week on July 1st.  Now in its 10th year, the event acknowledges the most disruptive and successful (or soon to be) young businesses across the UK. The black tie affair typically captures a solid… Read More

Consumer Review Site Which? Rates P2P Lenders

peer lending 1

The largest consumer review site in the UK Which? has reviewed several peer to peer lending platforms. Which?, in operation since 1957,  now claims over 680,000 print subscribers and 335,000 online readers.  The non-profit entity tests and reviews a wide range of products and services,… Read More

HongSin Kwek, CEO and founder of PhoenixICT, Talks Crowdfunding in Asia, Female Entrepreneurs

hongsin-kwek-kids (1)

  As the CEO and founder of PhoenixICT, a leading crowdfunding hub, HongSin Kwek is among the organizers of Crowdfunding Asia, the first conference of its type focused on the Asian markets. Crowdfunding Asia held its first event in Singapore in 2014, and this year’s upcoming events include conferences… Read More

Pitch to Rich: JustPark, Fourex & Kino-Mo are Winners in Richard Branson’s Competition

JustPark 3

Richard Branson’s Pitch to Rich competition completed today with each finalist competing to share over £1 million in cash and prizes. Competing for the recognition were three crowdfunded companies: JustPark, Fourex and Cauli Rice. Each of these companies raised capital on Crowdcube so this is… Read More

Crowd2Fund Sees Early Success with Crowdfunded Revenue Loans

Crowd2Fund Bonds Revenue Equity

Crowd2Fund, an FCA regulated crowdfunding platform that facilitates both debt and equity services, states their new Revenue Loan product has generated a solid response.  While still early, Crowd2Fund expects more businesses to use this type of security going forward. The Revenue Loan is a debt… Read More

BankerBay Online Investment Banking Platform Receives $2 Million in Seed Funding

Romesh Jayawickrama

BankerBay, an online investment banking platform that connects qualified and vetted corporate deals with providers of capital around the world, announced today that it has raised over $2 million in seed funding. BankerBay was originally set up in Singapore but simultaneously announced corporate headquarters will now… Read More

Maybank, the Largest Bank in Malaysia, Seeks to Disrupt Finance as it Backs Startups, Supports Crowdfunding

MayBank Fintech Innovation

Amran Hassan, Head of Innovation at Maybank, Shares Insight into Maybank’s Innovative Approach Malaysia has been a leader in Asia in advocating, and legalizing, investment crowdfunding. Securities Commission (SC) Malaysia, the regulatory body that oversees the securities markets, has been a champion of new forms… Read More

Brief: New Zealand’s PledgeMe says 2 Equity Crowdfunding Offers Maxed Out

Kiwi New Zealand

Two equity crowdfunding offers have successfully maxed out their offers on PledgeMe this week. This is according to a report from the funding portal.  The two companies include Auckland based Angel Food, a vegan food company that achieved its $150,000 goal and Sorbet a cosmetics company… Read More

The Future of Banking Arrives: Atom Bank Receives License in UK for Virtual Bank

Atom Bank New Bank

  “A Branch-free, Paper-free and Stress-free Bank” The traditional banking industry has been rather slow to innovate.  Hundreds of years of operating branches, with tellers, is a hard thing to change.  It is also a costly and inconvenient business structure in a world where everything… Read More

GLI Finance: MytripleA Crowdfunding Platform Partners with Spanish Confederation of Small and Medium Enterprises

Antonio Garamendi

GLI Finance has shared that its portfolio company MytripleA has signed an agreement with the Spanish Confederation of Small and Medium Enterprises (CEPYME) in Spain.  This strategic alliance will see MytripleA’s products and services endorsed by CEPYME and thus promoted to its approximately 2 million business… Read More