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.

Vaibhav Pandey, CEO of P2P Lender i2iFunding Shares Insight into Nascent India Market

Taj Mahal India

The peer to peer lending industry in India has been slow to evolve in contrast to many other nations. Yet India is the second most populous country with more than 1.2 billion people and is the most populous democracy in the world. The opportunity for… Read More

Crafting A Winning Equity Crowdfunding Pitch

Pitch Pitcher Baseball Sports

  A “pitch” is the information about your company, your team and the investment proposition. Founders often find pitching to be difficult and time-consuming. But pitching is a critical and necessary step to successfully raising funds – and equity crowdfunding is no exception. Equity crowdfunding… Read More

Henry Howard Finance Joins with British Business Bank Enable Funding Program with £51 Million

Money Pounds UK

As part of the British Business Bank’s Enable Funding program, Henry Howard Finance as agreed to a £51 million lending facility to boost asset finance for SMEs.  The new facility is 50% guaranteed by the European Investment Fund and is designed to broaden Henry Howard’s… Read More

Another One Bites the Dust: Chinese Police Shut Down P2P Lending Platform Esudai

fraud

Add Esudai to a growing list of fraudulent Chinese P2P lending platforms that are being shut down by the Chinese government.  Today Reuters reported that police in the Huizhou, Guangdong province, had detained 13 executives including legal representative and chairman Jian Huixing from the Guangdong Huirong… Read More

Exclusive: Bioprognos CEO Sergio Calleja Discusses Crowdfunding with Spanish Platform Capital Cell

Sergio J. Calleja Freixes

Bioprognos, a Barcelona-based biotech company that seeks to improve both clinical outcomes and quality of life for cancer patients ―as well as other diseases (cardiovascular, neurological or endocrine)― through the development of innovative tools for non-invasive, accurate detection from biomarkers found in a simple blood… Read More

Peer to Peer Lender TWINO Celebrates One Year Anniversary

jevgenijs-kazanins

Latvia-based Twino is celebrating its one year anniversary.  After 12 months of operation, the peer to peer lending platform states it has originated over €22 million in loans.  Twino says their rapid growth makes them the “fastest growing platform in Europe.  Investors have earned approximately €325,000 in… Read More

Proplend Drops Investment Minimum to £1000

Proplend

Commercial property lender Proplend has reduced their required minimum investment from £5000 to £1000.  The move is expected to broaden their investor base while making it easier for existing investors to create a more diversified portfolio of loans.  Going forward, all new loans will be… Read More

TrustBuddy Update: Trustee Secures SEK 50 Million. No Embezzlement Uncovered

Trustbuddy Best Yet

TrustBuddy, a peer to peer lending platform that spectacularly collapsed into bankruptcy last year, has been in the hands of bankruptcy trustees since its demise.  The entire saga became a cautionary note on the emerging online lending industry. Trustbuddy, a publicly traded entity, entered a… Read More

British Business Bank Report: £3.5 Billion Goes to Equity in SMEs During 2015

Charles Darwin Money UK

Access to capital is imperative for SME growth. Small companies need debt and equity finance to hire employees and pursue strategies to expand operations.  A vibrant equity ecosystem is imperative for early stage companies as typically it is more challenging to access debt finance. In… Read More

Fintech Rocks: KPMG / CB Insights Report Says Global Investments in Fintech Jump in Q1

Q1 2016 Fintech Investment KPMG CBI

  Following a bit of slump in the final quarter of 2015, Fintech investment “roared” back in Q1 of 2016 squelching any discussion of Fintech’s imminent demise. This is according to a report authored by KPMG and CB Insights.  While the P2P / Marketplace Lending… Read More

First SE Asian Campaign on FundedByMe Hits Goal in 36 Hours

Halal Speed Dating

Sweden-based investment crowdfundin platform FundedByMe messaged its intent to start operations in Southeast Asia with the opening of an office in Singapore several years back. FundedByme became the first European-based platform to receive a license to operate in the region when the Securities Commission Malaysia approved… Read More

Mexican Online Lender Konfio Raises $8 Million Series A

David Arana, founder and CEO of Konfio

Fintech in Mexico continues to grow as Konfio has closed on an $8 million Series A funding round. Konfio is an online lender that finances micro-businesses in Latin America. Their mission is to boost regional economies with loans for young, promising businesses. The new funding… Read More

Southeast Asia Fintecher Jirnexu Raises $3M Series A Funding

Yuen Tuck Siew

Jirnexu, a bank and insurance company tech solution provider formally known as Saving Plus, raised $3M in Series A funding, according to a release. Funding will be used to drive product development, geographic expansion and recruitment across Southeast Asia, with Malaysia and Indonesia as priority… Read More

GLI Offers Shareholders Imminent Access to Corporate Bond Issue via UK Bond Network

Andy Whelan

GLI Finance (LSE:GLIF),  an alternative finance platforms investor that provide loans to small and medium sized enterprises (SMEs), has announced that it is giving its shareholders and other eligible investors access to bonds being issued to be used as consideration for an acquisition. The company is making… Read More