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.

Establishing a Financial Services Firm in the UK: Britain Welcomes the Business

The UK Telephone Call Great Britain

The United Kingdom has been very vocal, and aggressive, in courting financial firms and FinTech startups. Chancellor of the Exchequer George Osborne wants the UK to be the world leader in developing innovative FinTech firms.  Osborne enjoys a partnership with his objective in Prime Minister… Read More

Woomentum.Fund is Empowering Women as a Crowdfunding Platform for Women Led Startups

Woomentum.Fund

Woomentum.Fund, a Singapore based crowdfunding platform, launched this weekend seeking to empower, and help fund, Asian based women led startups. Founded by Mouna Aouri Langendorf, Woomentum.Fund seeks to provide personalized support, and social boost, along with capital for female entrepreneurs. “Women entrepreneurs often find it hard… Read More

Neil Roberts Harmoney Founder & CEO Leaves Board of Directors without Explanation

Neil Roberts

Neil Roberts, founder of New Zealand based peer to peer lender Harmoney, has unexpectedly stepped down as his role as a member of the platform’s Board of Directors.  Reportedly Roberts will remain as CEO. Roberts launched Harmoney as the first P2P platform in the country… Read More

Ryan Feit of SeedInvest Comments on UK Award. Does this Foreshadow a British Expansion?

Ryan Feit Prince William

Ryan Feit, CEO and co-founder of equity crowdfunding platform SeedInvest,  won a British GREAT Tech Award. The recognition was delivered by none other than HRM Prince William. Feit, recently interviewed by TechdayHQ, spoke about SeedInvest’s relationships in the UK noting they were rather strong; “Through the GREAT… Read More

FCA Appoints Christopher Woolard to its Board

Christopher Woolard on BBC

The Financial Conduct Authority (FCA) has announced the appointment of Christopher Woolard to its Board.  Woolard is currently the Director of Strategy and Competition at the regulatory entity.  Woolard has been a member of the FCA executive committee since the FCA was created from the… Read More

SparkUp Puts Lovemoney on Steroids with New Spin on Equity Crowdfunding

Multiply your lovemoney SparkUp

SparkUp is a new French startup, the brainchild of 24 year old, now 26. And yes, age matters. Why? Because it takes a lot of disruptive energy to reinvent equity crowdfunding when it is barely emerging as a force. SparkUp positions itself as a B2B… Read More

Funding Circle Announces Fee-Free P2P Investment Trust with Plans to Go Live in Autumn

Funding Circle Taking Over the World

Funding Circle, the SME peer-to-peer lender, announced that a fee-free investment trust will go live after the summer, according to CityWire‘s Gavin Lumsden. This will be the first fund launch from a lending platform and the company hopes the ‘no charge’ proposition will enable it… Read More

PM David Cameron Backs the UK FinTech 2020 Manifesto: Aims to be Leading Global Fintech Centre

UK

UK Prime Minister David Cameron has backed the UK FinTech 2020 manifesto created by FinTech trade body Innovate Finance, according to a release. The manifesto, which was released as Cameron leads a trade delegation of British FinTech leaders to South East Asia this week, aims… Read More

InvestUp CEO James Tuckett Talks Crowdfunding: “2015 is a Watershed Year”

James Tuckett

This week Crowdfund Insider featured Chris Tyrell’s post “Crowdfunding is Impacting the Global Economy” and Rodrigo Niño’s post “Crowdfunding: From Impossible, to Improbable to Inevitable in less than 10 years,” James Tuckett, CEO of investUP adds to this exciting conversation below as he shares his insights in a release regarding… Read More

Startupbootcamp Holds First Singapore Fintech Demo Day: Blockchain and Wealth Management Seen Trending

startupbootcamp fintech

Startupbootcamp FinTech, a global accelerator focusing on financial innovation, hosted its first Demo Day in Singapore on 29 July for the top 11 FinTech teams selected out of 300 applications earlier this year. “Startupbootcamp FinTech is the first FinTech accelerator in Singapore and the only… Read More

Aescuvest is New Investment Crowdfunding Platform Focused Totally On MedTech & Health

aescuvest_Team

When the Crowd Helps Women to Become Pregnant Entrepreneurs Juliane Zielonka and Julia Lazaro are two energetic founders in the sprawling Berlin startup scene. Their latest creation, LARACompanion, is designed to help families with their desire to have children. LARACompanion is the derivative of a women’s… Read More

Crowdcube Raises £6 Million led by Numis & Tim Draper. Will Partner with Numis on IPOs

Crowdcube on Taxi

Crowdcube, UKs largest equity crowdfunding platform by total capital raised, has received £6 million in a funding round to further boost growth.  The funding was led by Numbs, a stockbrokerage firm, Tim Draper / Draper Esprit and existing investor Balderton Capital.  The announcement of new… Read More

Crowdfunding is Impacting the Global Economy

Crowdfunding Global Globe

  Innovation means creating something that makes a process or product more efficient. The result can be a price reduction passed on to consumers in the short run, or an increase in the speed at which a business operates. Ultimately, innovation serves as the backbone… Read More

Funding Options & Finpoint Shortlisted for British Business Bank Referral Program

British Business Bank

Funding Options and Finpoint, both GLI Finance portfolio companies, have been shortlisted for the British Business Bank referral program.  Established under the Small Business Enterprise and Employment Act, the program requires traditional banks to refer any SME whose loan has been rejected to an alternative… Read More

Powered Now Revisits Crowdcube for Second Crowdfunding Round: Secures over £144K in 24 Hours

powered now & crowdcube

Established in 2012 and based in the UK and Hungary, Powered Now focuses on developing software for business owners. Co-founders are the serial entrepreneurs and e-commerce trailblazers Chris Barling (who set up Actinic in 1996) and Benjamin Dyer, a software developer and former director at… Read More

Monetary Authority of Singapore Selects Former Citibank Exec Sopnendu Mohanty to Head Fintech & Innovation Group

Sopnendu Mohanty

The Monetary Authority of Singapore (MAS) has announced the formation of a new Fintech & Innovation Group (FTIG) to be headed up by former Citibank executive, Sopnendu Mohanty. Effective August 1, FTIG will be responsible for creating development strategies and regulatory policies around technology innovation… Read More

Stripe Lands New Funding & Signs Deal with Visa: Payment Platform Valued at $5B

Patrick Collison

Payments startup Stripe landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion. According to the announcement, Stripe signed an agreement with Visa to work on digital transactions such as website ‘buy… Read More

UK Reparo Finance Selects Mambu to Launch New Business Line: Targets SME Loan Market

UK

Mambu, the SaaS banking platform provider, today announced that Reparo Finance, an independently-owned business finance company  specializing in SME business lending, has selected Mambu to launch a new business line offering loans to small-to-midsize enterprises (SMEs) in the UK.  The company chose Mambu’s cloud-based platform… Read More

Cash Genie, a Payday Lender, Agrees to Pay £20 Million for Unfair Practices

Financial Conduct Authority Box FCA

Cash Genie, operated by Ariste Holding Limited, has agreed to pay over £20 million to over 92,000 former customers for unfair business practices. According to the Financial Conduct Authority (FCA), Cash Genie charged fees and interest which were unfair. The FCA gave the example of Cash… Read More

GLI Finance Shows Solid Growth During Past 12 Months

GLI Finance Portfolio

GLI Finance, a portfolio company that operates multiple internet finance companies, states their platforms are experiencing solid growth as “SME finance opportunity continues to boom”.  GLI is publicly traded on the LSE. According to a company report, the GLI platforms leading the charge include; Finexkap… Read More