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.

Boston Consulting Group: Yes Europe Needs a Capital Markets Union

Funding Hurdle with Finish Line

Crowdfund Insider reported last week on the push within the EU to further capital markets integration in light of the daunting challenges of a fragmented regulatory regime and cross border idiosyncrasies.  The European Commission was envisioned as a seamless market facilitating continent wide economic amalgamation.  The reality has been a bit of a challenge as… Read More

Crowdfunding Mailbox: Spark Electric Bike, UAMP Amplifier for Your Smartphone & Noocity Growbed Urban Garden

Mailbox Featured 2.29.15

There has been a lot of coverage regarding electric bikes the past couple weeks with the launch, and associated controversy, of the Sondors (né Storm) ebike. Sondors has successfully fended off their critics and remains one of the most funded Indiegogo campaigns ever. But now we have another ebike crowdfunding campaign and this one is tackling the sector… Read More

Mambu’s Eugene Danilkis Discusses Opportunity and Innovation in the Blue Oceans of FinTech in Emerging Markets

Emerging Markets

Mambu, a cloud banking technology platform provider that works with more than 100 financial innovators worldwide, including Banco Macro, Opportunity International  and Yale University, uniquely sits at the nexus of the transformation and financial inclusion markets, where new applications and the cloud’s agility offers a particularly compelling value proposition for both existing banking institutions looking to innovate and digital disruptors… Read More

Multiple Crowdfunding Platforms Join Ben & Jerry’s Hunt for Entrepreneurs

Ben & Jerry's Join Our Core

Yesterday Crowdfund Insider announced that Symbid has partnered with Ben & Jerry’s Join Our Core 2015 competition.  Now several UK crowdfunding platforms have revealed a similar partnership in the hunt for the “brightest social entrepreneurs in Europe”. As noted on the Join Our Core page; Seedrs, Crowdcube and Crowdfunder.uk are all participating in the event. Ben… Read More

Innovate Finance to Host Fintech Global Summit in London: March 9th, Guild Hall

innovate finance

Innovate Finance, the independent membership organisation that represents the voice of Britain’s global fintech sector, is hosting its first global summit on Tuesday, March 9th, 2015 at the Guildhall in London.  The major event will explore the impact of fintech on the financial services sector and how new innovations are helping to create a better… Read More

British Fintech Fund Illuminate Financial Invests in CloudMargin

Clouds Beach Sky Sun

Illuminate Financial, a fintech venture fund focused on the capital markets industry, has made its first investment since its launch last year, taking a stake in collateral management outfit CloudMargin. Originally backed by a group of senior financial market executives, CloudMargin’s collateral and margin management technology was developed to cater specifically to buy-side and non-bank institutions… Read More

MakeAChamp Launches Rewards-Based Platform in Brazil: Helps Athletes Raise Funding

makeachamp

Last December, Partner and ‎Head of Investor Community/Partnerships at OurCrowd Zack Miller highlighted crowdfunding websites to watch in 2015, citing six rewards-based platforms for athletes:  DreamFuel,  Pursuit, SportFunder, MakeAChamp,  RallyMe and Athlete.com. Montreal-based MakeAChamp, one of the six platforms cited by Miller,  provides an example of this rising trend: started in late 2012, the platform raised over a million dollars for athletes in 2014. Covering 94 sports… Read More

Hong Kong Media Tycoon Moves into Online Finance. TOM Group Gets into P2P Lending

1_邮乐前台照 Ule

  Media conglomerate TOM Group is moving into the online finance space.  The entity, controlled by Hong Kong tycoon Li Ka-shing, is set to expand its ecommerce operation, Ule, into peer to peer lending and online banking in an “aggressive” push via a partnership with WeLab. Tom Group is a publicly traded Chinese-language media conglomerate… Read More

Brief: Zopa System Stops “Sophisticated” Fraud Attempt

Stop Fraud

UK peer to peer lender Zopa recently incorporated an automated system to detect fraudulent attempts at accessing their lending system. As a growing number of consumers shift from traditional banks to borrowing online it is inevitable the fraudsters and crooks will attempt to stumble in.  In this specific case an individual (or group of individuals)… Read More

Europe Wants a Capital Markets Union. Crowdfunding Can Be A Catalyst.

A Revolution in Finance

The European Union published a “green paper” on Building a Capital Markets Union for the broader European community.  The ambitious goals are laudable but the challenge is high. While in the United States, and other countries around the globe, SME’s are the engine of growth.  The report states that in comparison to the United States,… Read More

Victory Park Capital to List VPC Specialty Lending Investments on LSE

Peer2PeerLendingUK

Peer to peer lending investor Victory Park Capital has filed a prospectus to list shares on the main exchange of the London Stock Exchange (LSE). Victory Park has been aggressively investing in P2P assets having recently committed a solid $420 million to Funding Circle in both the UK and United States. VPC Specialty Lending Investments PLC… Read More

Snowball Effect Shares Details on “Private Offers”

snowball-private

Kiwi investment crowdfunding platform Snowball Effect, has revealed the details of its new service designed to enhance its platform by offering similar funding services beyond the crowd.  Snowball Effect tipped its hand late last year regarding the new “private offerings” feature on its funding portal. According to Snowball Effect, “not all companies want the exposure… Read More

Ben & Jerry’s, Symbid Hook Up to “Milk the Crowd”

Ben & Jerry's Symbid

  Symbid, one of the very first investment crowdfunding platforms in the world, has partnered with Ben & Jerry’s with the Join Our Core 2015 competition. The international event is designed to discover the “brightest social entrepreneurs” who share Ben & Jerry’s values.  Symbid and Ben & Jerry’s will be working together to find innovative… Read More

UK Funding for Lending Scheme Continues to Fail in Mission. Funding Circle Says “Banks Are Not The Answer”

Dinosaur Old Antiquated

The Bank of England has released its most recent data on the Funding for Lending program, an initiative that is supposed to compel banks to lend to business.  According to the BOE figures, lending is in decline; “Net lending by FLS Extension participants to all businesses was -£6.9bn in the fourth quarter of 2014. The… Read More

UK Government Responds to Report on Groundless Threats Regarding IP, Patents

Patented

The UK government has responded to the Law Commission report on the law on groundless threats to bring proceedings for infringement of Intellectual Property rights including patents. The proposed reforms are intended to ensure the “threats provisions” are clearer for businesses. A spokesperson stated this will make it easier for parties to make good faith attempts to… Read More

Landbay Appoints Founder of UK’s First Dedicated P2P Fund to Board

Landbay

Landbay has appointed Robert Burgess to its Board of Directors. He will join co-founders John Goodall and Gray Stern as well as Chairman Tony Ward. Burgess brings over 20 years experience in retail finance having previously held positions at Alliance  Trust, Lloyds TSB, Scottish Widows and Thomas Cook. Burgess was the co-founder of Exchange Associates;… Read More

Record Number of Investors Back JustPark on Crowdcube as Campaign Goes Into Overfunding

JustPark 3

JustPark has broken a funding record on Crowdcube. The App company has captured over 2400 investors attracting 3x more backers than any other offer in Crowdcube’s history. JustPark, a company that already lists BMW and Index Ventures as early investors, had sought a funding round in the amount of £1 million but easily passed that… Read More

Central Bank of Ireland: Peer to Peer Regulations Years Away

Ireland Where the Blarney Stone rests

The Central Bank of Ireland has been monitoring the evolution of the investment crowdfunding world but they do not seem to be in a hurry to apply any type of regulatory regime.  According to a report in the Independent, there is no time frame on regulations. A representative from the Central Bank was quoted stating;… Read More

Crowd Valley & Gulf Wealth Management Partner on Investment Platform

Gulf Wealth Management Business Proposition

Gulf Wealth Management (GWM) has asked Crowd Valley to assist in the development of a customer facing investment platform plus back office features for its digital wealth site targeting investors in the Arabian Gulf region. GWM has launched a crowdfunding campaign on Seedrs to raise a minimum amount of £600,000 in convertible securities. Prior to this,… Read More

Crowdfunding Asia Holds Successful Event in Bangkok, Thailand

Group Discussion During Break Crowdfunding Asia Bangkok

Crowdfunding Asia held its second Asian conference to review the power and potential of new forms of finance. Sponsored by the Thai Securities and Exchange Commission, the sold out event saw several hundred attendees from Thailand and surrounding countries in Asia and the United States.  Thailand is a developing nation that has fostered a growing… Read More