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.

Slow to Start, Glentham Capital May Have Help Around the Corner

Save Regents Park London UK Rescue

Glentham Capital, created by Nicola Horlick – a renowned investment manager, film producer and CEO of Money&Co., raised funding on Seedrs three times. Beginning in 2013, an offer was posted seeking £150,000 for a fund  that would provide finance for Hollywood films. In 2014, “due to high… Read More

Report on Zopa: Too Much Investor Demand Curtails Retail Access to P2P Loans

slow investor limits

This may be a case of too much of a good thing. The FT is reporting that Zopa has put a halt to retail investors lending money on their peer to peer lending platform. Allegedly, yield hungry investors are “flooding” the market hunting for better… Read More

CrowdRise Announcement: Community Secures $4M on #GivingTuesday For Over 1,100 Causes

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On Tuesday CrowdRise celebrated the 2016 #GivingTuesday with its annual Giving Tower Campaign. The crowdfunding platform announced $4 million was raised more than 1,100 participating charities competing for a $25,000 prize in the CrowdRise Giving Tower campaign. This year, the CrowdRise Giving Tower reportedly reached over… Read More

Property Partner: Investments in Infrastructure & Technology Inject New Confidence in British Economy

British House of Parliament

British Chancellor of the Exchequer Philip Hammond delivered the annual autumn statement late last month and underlined the UK’s numerous economic weaknesses that the Brexit vote only enunciated.  As Brexit negotiations continue between now and 2019, Britain will have to tackle its poor productivity record, particularly… Read More

Timelio Raises $5M to Continue Supporting Small Businesses

I love Peer to Peer Lending P2P

Timelio is a Melbourne-based fintech startup looking to disrupt traditional lending models by allowing businesses to turn invoices into cash by selling their invoices online on a P2P marketplace.  It raised $5 million via an equity funding round last month.  The investment is backed by the Thorney… Read More

BitLendingClub to Shut Down: Claims Closure Is Caused By Regulatory Pressure

BitLendingClub logo

BitLendingClub, a bitcoin peer-to-peer lending platform, announced on Thursday it was shutting down all of its services. The website claimed the closure was due to regulatory pressure. The lending portal’s team released a letter to customers, stating: “We’ve worked extremely hard to build a platform… Read More

Australia: Fintech Sector Profile & Landscape (Infographic)

Australia 100 Dollars Money

Accompanying the Fintech Australia Census 2016, published by EY and Fintech Australia, were several infographics highlighting the emerging Fintech ecosystem in Australia. One of the visualizations involved “Fast Facts” which included some interesting data points. The largest sector concentration is in Lending at 25% Personal finance… Read More

Latvian TWINO Offering European Investors New Opportunity in Russian Consumer Loan Market

jevgenijs-kazanins

TWINO Group, a European consumer lender which has been operating since 2009 with its P2P lending platform launching in 2015, provides unsecured consumer loans for private individuals in ten countries, including Poland, Russia and Georgia, with an intention to move into Mexico. TWINO’s P2P lending platform offers… Read More

Societe Generale Pens Agreement with Singapore’s Smartkarma: Expect New Equity Research Soon

raghav-kapoor

Societe Generale today announced a new agreement with Smartkarma, an informational online investment platform which focuses on the Asian markets. Under this global agreement, Societe Generale will provide its institutional clients access to a new form of equity research based on demand driven and customised… Read More

Scotland: Entrepreneur of the Year Awarded to James Milne, MD of Balmoral Group

entrepreneur-of-the-year-scotland-james-milne-and-chris-gauld

Emerging Entrepreneur of the Year awarded to Chris Gauld, Chief Executive, Spark Energy   Entrepreneurial Scotland, hosted its 20th annual dinner and awards last night (November 30th). The event was a celebration of entrepreneurial success, recognising the role of entrepreneurs at all stages, and their… Read More

PeerIQ & TransUnion Join Forces to Bring Data Transparency Solutions to Marketplace Lending

Money

PeerIQ, a data and analytics provider in the marketplace lending sector, and TransUnion (NYSE: TRU), a global information solutions provider, today announced a strategic partnership to bring enhanced transparency and insight to alternative lending markets. “Our partnership with TransUnion is a significant milestone for us, and… Read More

EY Publishes Fintech Australia Census: A Tier One Fintech Nation

Australia Money

EY has published the first Fintech Australia Census.  The report is designed to be the “most detailed and comprehensive analysis of the Australian Fintech ecosystem.” The document was produced in concert with Fintech Australia, the advocacy group created to help boost utilization and awareness of Fintech…. Read More

China: WeiyangX Fintech Review

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China’s Leading Auto Financing Companies Set-up Self-Regulating Organization in Shenzhen. On the 23rd November, auto financing self-regulatory regulatory group “Che Dai Quan” (literally meaning auto financing group) was set up in Shenzhen. A number of leading auto financing companies joined this organization, including; RRJC, touna,… Read More

Banking Platform Mambu Receives AWS Financial Services Competency Certification

Eugene Danilkis

Mambu, a software as a service (SaaS) banking platform, has received the Amazon Web Services (AWS) Financial Services Competency certification. Mambu states it will be one of the first companies to benefit from the new program that launched at re:Invent in Las Vegas. According to… Read More

Women in Fintech Powerlist Published by Innovate Finance

Women in Fintech Innovate Finance

Innovate Finance has published a “Women in Fintech Powerlist” for 2016. Approximately 200 women in Fintech globally have been featured on their list. The list was created to celebrate the contributions of women who increasingly play a vital role in the development of the global… Read More

Crowdcube Spain’s Pepe Borrell: Creating & Growing an International Portfolio

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  Managing Director Pepe Borrell has been a force behind financial disruption and innovation in Spain, navigating Spanish, Catalan and British financial regulations and raising international funding for national startups and SMEs. Borrell entered the crowdfunding sector with experience garnered from time spent as a consultant for RJCE,… Read More

French Real Estate Crowdfunding Platform Immovesting is Now Prefunding Deals

Back Camera

  Immovesting, a Paris-based real estate crowdfunding platform, has initiated pre-funding of deals to help support developers / sponsors listing projects on their platform. The “garantie de collecte” or collection guarantee program assures that funds are received on-time regardless of the funding status. This was… Read More

Focused: Fitness Center DiR Now Overfunding on Crowdcube Spain

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During the last week Spanish fitness center DiR‘s crowdfunding campaign has gained traction. With 18 days remaining on its Crowdcube Spain campaign, the fitness center chain DiR founded in Barcelona by CEO Ramon Canela in 1979 is now 120% overfunding, having raised over 432,475€ of its initial 360,000€ goal. The largest investment to date has… Read More

Mobile P2P Payments App Twyp a No-Go in the Netherlands, Will Continue Operations in Spain

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ING plans to discontinue its P2P mobile payments app Twyp in the Netherlands after it failed to gain traction with customers, according to a release. Twyp CEO Mohamed de Booij indicated the decision to close down the service in the Netherlands was made following feedback from Dutch… Read More