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.

Report Followup: InvestUP’s James Tuckett Shares his Perspective on Massolution’s Crowdfunding Publication

James Tuckett

In a release, InvestUp MD and Co-Founder James Tuckett opined on Massolution’s Crowdfunding Report.  An excerpt follows: It’s not often that we get to write about the only global report on crowdfunding worth talking about. And this one’s doubly special, as we’ve waited for over two years to receive this report by Massolution, the leading market research… Read More

CTRL+Console Captures $261,000 in Seed Funding

CTRL + Console

CTRL+Console is an innovative application that turns the iPad into an intuitive, touchscreen remote for many programs, including Adobe Premiere Pro and Final Cut Pro. Today, the company announced it has raised $261,000, led by Foundry Group and the FG Angel AngelList Syndicate. The funds allows CTRL+Console to develop additional interfaces that simplify the creative process… Read More

Massolution Posts Research Findings: Crowdfunding Market Grows 167% in 2014, Crowdfunding Platforms Raise $16.2 Billion

massolution

Report Forecasts Total Global Crowdfunding to Reach $34.4 Billion in 2015 North America Remaining the Largest Market and Asia, Outpacing Europe in 2014, in Second Place As crowdfunding accelerates at an unprecedented rate, it’s impacting government policy, informing enterprise innovation and changing the role of financial institutions around the world. Today the research firm Massolution… Read More

Brief: Seedrs Tops £10 Million in Investment During Q1

Jeff Lynn

Investment crowdfunding platform Seedrs has shared it has experienced a very successful quarter having captured over £10 million in investment for Q1 while claiming the title of Europe’s most active equity crowdfunding platform. According to co-founder and CEO Jeff Lynn; “We’re proud to have become Europe’s most active equity crowdfunding platform – completing more deals than any… Read More

Weissenhaus Closes on Companisto at Record € 7.5 Million in Crowdfunding

WEISSENHAUS Grand Village Resort & Spa Castle

Companisto has announced the closing of funding for Weissenhaus Grand Village & Spa at a record amount of € 7.5 million. The platform has claimed Europe’s largest crowdfunding campaign as approximately 1600 investors participated in the public offer. Crowdfunding of Weissenhaus was paused for a period of time and then relaunched as investor demand was described… Read More

Google Exec Joins Crowdcube. Thor Mitchell Becomes Head of Product for Equity Crowdfunding Platform

Thor Mitchell

Thor Mitchell is leaving Silicon Valley and moving to the UK to join equity crowdfunding platform Crowdcube as Head of Product.  The new position at Crowdcube is described as serving the needs of entrepreneurs and investors thus assuring ongoing innovation and growth. Thor will be immediately tasked with building a team of Product Managers for Crowdcube… Read More

Nordic Fintech Platform Holvi Expands to Germany: Makes Name Known in Euro Banking Landscape

holvi

Having acquired customers across the continent including Ireland, Spain, Belgium, Sweden, Denmark and the UK, the Nordic fintech startup Holvi seeks to make its name better known in the European banking landscape and reshape financial services across Europe by targeting Germany and Austria. “Germany along the UK is Europe’s official fintech hub. The number of fintech… Read More

Seedrs Adds Leading Silicon Valley Entrepreneurs to Advisory Board: Path’s Dave Morin and Lyft’s Logan Green Join Team

dave morin

Seedrs, the largest crowdfunding platform in Europe to focus solely on equity investments, announced today that it has made two key appointments to its world-class Advisory Board: Dave Morin and Logan Green. Dave Morin, helms social networking site Path as its CEO and Co-Founder. Path’s mission is to make social networking more personal. With a premium experience, award winning… Read More

Steering Group on Financial Technologies to Advise Chinese Government: Aims to Make Hong Kong Fintech Hub

China Yuan Renmibi

The Chinese government announced the establishment of the Steering Group on Financial Technologies to advise the Government on how to develop Hong Kong into and promote Hong Kong as a Fintech hub. The initiative to set up the Steering Committee was announced in the Financial Secretary’s 2015-16 Budget. Chaired by the Secretary for Financial Services… Read More

RateSetter Secures £20 Million Investment from Ken Costa, Woodford Investment Management & Artemis

Zopa Money Trees

The investment in the peer-to-peer lender RateSetter, from veteran investment banker, Ken Costa, Woodford Investment Management and Artemis, places confidence in the nascent UK P2P and crowdfunding industry. Costa also led a £25m investment in the online-only challenger bank, Atom Bank, late last year. The £20 million investment will be used to invest in technology and… Read More

Interview: Cloud Lending CTO Darpan Saini and LendingPoint CTO Franck Fatras Discuss Partnership and Cloud Solutions

Clouds Beach Sky Sun

In February Cloud Lending Solutions announced that its customer and partner,  LendingPoint, had successfully used Cloud Lending as a foundation to go from concept to market in less than ninety days.  Helmed by CEO and Founder Snehal Fulzele and CTO Darpan Saini,  Cloud Lending has quickly disrupted global direct online lending as more and more clients shift to its Cloud Lending Solutions. Seeking to… Read More

Aircraft Backed P2P Lender Ablrate Partners with SIPPClub

ATR Airplane Aircraft

Ablrate, a niche player in the peer to peer lending space that focuses on Aircraft backed securities, has announced a partnership with SIPPClub that is designed to enable sophisticated investors to invest in Ablrate loans through EvolutionSIPP. Self Invested Personal Pensions (SIPP) will assist the marketplace lender in sourcing loans. Ablrate has completed approximately £2 million… Read More

Worth Capital Cancels Future Gadget Competition

Future Gadget Show

Worth Capital has cancelled Future Gadget funding competition stating the businesses were not ready for crowdfunded investment. The initiative was designed to discover the “world’s next great gadget” by engaging entrepreneurs, in need of capital and to then help bring their product to market.  Worth has done similar competitions previously which were successfully completed. The funding was… Read More

Lufax CEO: Big Risk of Fraud in China P2P Lending

China Peer to Peer Lenders

Speaking on a panel discussion at the Boao Forum in southern China, the CEO of Shanghai Lujiazui International Financial Asset Exchange (commonly referred to as Lufax), Gregory Gibb, addressed the pressing issue of fraud. The peer to peer lending industry in China has experienced supercharged growth over the past few years but has been plagued by fraud and… Read More

Online Valuation Firm Equidam Updates Platform

valuation value balance scale euro

Netherlands based Equidam, an online company valuation platform, has released an update and complete re-design to its site that is described as a new “focus on value creation and growth”.  Equidam has operated for the past three years tackling a difficult issue of SME valuation when no easy method is available. The redesign is said… Read More

VPC Specialty Lending Adds Positions in OnDeck, Funding Circle & Others

One Pound UK £

VPC Speciality Lending Investments (LSE:VSL) has published a brief comment stating they have added investments in several direct lenders including OnDeck Capital, Funding Circle (USA), Upstart Network, Borro and Kreditech.  VPC has also provided a balance sheet loan to Applied Data Finance.  The company acquired these investments from private funds managed by the Company’s investment… Read More

Crowdfunding Asia Brings the Message of New Forms of Finance to Indonesia

Day Two Begins at Crowdfunding Asia Bangkok

Crowdfunding Asia will be visiting Jakarta, Indonesia next month delivering its message of the power and potential of crowdfunding to boost economies and create new jobs. Crowdfunding Asia held its first, very successful, conference in Singapore in August of 2014.  Several hundred finance professionals, investors, regulators, politicians and industry participants, gathered to share experiences and… Read More

China Experiences a Surge in Internet Banking

Chinese Peer to Peer Lending

Data published by the China Banking Association indicates a “surge” in internet banking.  According to a report in ECNS, individuals using online banking services has hit 909 million – an increase of 150 million compared to the year prior. Financial transactions totaled an astounding 60.85 billion during 2014 and increase of 22%, with 67.88% of… Read More

Funding Circle & Lancashire County Council Partnership Boosts 230 Local Businesses

Lancashire County Council

Peer to peer lender Funding Circle and Lancashire County Council have shared some data points on their partnership to provide capital to local businesses.  According to the pair, Lancashire County Council has directed over £1.5 million to 230 different companies.  The arrangement between the two entities was launched 2 years ago with the Council providing… Read More

Crowdcube Spain Has Now Raised Over € 1 Million for SMEs

Crowdcube Spain Espana

Launched last summer, Crowdcube Spain has surpassed € 1 million raised for small companies hitting a milestone for the young company.  To date 6 companies have successfully raised funds on the site. One of the companies raising capital on Crowdcube was HEMAV, a Barcelona based drone company which now claims the title of largest equity… Read More