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.

Live from Davos! WISeKey & Stratumn Partner to Provide Blockchain-Based Security Software

Richard Caetano

WISeKey International Holding Ltd (WIHN.SW), a provider in Root of Trust and certificate authority, and Stratumn SAS, inventor of Proof of Process Technology, partner to provide enterprise grade process security software based on blockchain technologies. A software security company that enables a shift in how organizations secure… Read More

Fintech Venture Capital Firm Motive Partners Launches & Invests in LMRKTS

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Motive Partners, an investment firm focused exclusively on fintech companies, has officially launched and is seeking to invest, operate and innovate across the financial technology ecosystem. The firm, which now has offices in London and New York City, stated it was launched to address the… Read More

Onfido News: Now Offers 2 Billion Unbanked Individuals Worldwide with Machine Learning-Based Solution

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Onfido, a global identity verification company, announced this week it is helping to bring financial services to the 2 billion unbanked individuals worldwide with its Machine Learning-based solution. The company stated it plans to use its proprietary technology to verify people’s identification by comparing an identity document… Read More

China: WeiyangX Fintech Review

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Ant Financial Joins UNEP Sustainable Finance Initiative Ant Financial has signed the “Declaration on Environment and Sustainable Development” and joined the United Nations Environment Programme Sustainable Finance Initiative as a full member of the organization. In fact, China Merchants Bank and Industrial and Commercial Bank… Read More

Report: Crowdfunding Delivers More Cash to Business than UK Startup Loan Scheme

Adam Smith Money UK

The Crowd Data Center is out with a report stating that seed crowdfunding is more effective in delivering more money to businesses than the UK government’s program: 40% more funding in 2016 than the government funded Startup Loans scheme. The Crowd Data Center has collected… Read More

UK P2P Lending Association Publishes Q4 Data: Ongoing Growth Indicative of Confidence

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Fourth Quarter UK Peer to Peer Lending Hits £844 Million The UK Peer to Peer Lending Association (P2PFA) has published Q4 data for both SME and consumer lending. The P2PFA said “fourth quarter of 2016 has demonstrated continued growth, with the expansion in lending volumes… Read More

OnDeck Announces Strategic Partnership With WEX

OnDeck IPO NYSE

Small business lender OnDeck announced on Tuesday it formed a strategic partnership with corporate and small business payment solutions, WEX. OnDeck reports that under the new partnership agreement, WEX customers will gain access to the OnDeck product suite of loans up to $500,000 and lines of… Read More

Software Publisher Misys Launches White Label Crowdlending Platform

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Today on the Parisian leg of a world tour called Misys Connect Forum, banking software publisher Misys announced the launch of a new addition to its offering of financial software solutions: Misys FusionBanking CrowdLending. The software-as-a-service (SAS) solution aims at enabling retail and corporate banks… Read More

Ciao Italia! Lendix Expands into Italy

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Marketplace lending platform Lendix has landed in Italy. The Paris-based operation has announced the appointment of Sergio Zocchi as CEO.  Lendix said that Zocchi has over 20 years experience in high-tech and finance as he leads the local Lendix team based in Milan. Lendix said… Read More

BCN Biotech Aromics Nears 100K€ Crowdfunding on Capital Cell

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Aromics, a privately-owned development stage pharmaceutical company founded in 2005, is based in Barcelona, Spain and focused on developing novel first-in-class therapies for the treatment of human diseases. The company has received the seal of Innovative SME from MINECO and achieved different R&D awards from international,… Read More

Stable Growth, Multiple Awards: China Rapid Finance Named to Hurun Report

Zane Wang

China Rapid Finance Limited, a large Chinese consumer lending marketplace launched in 2001, added to its recent haul of awards and recognitions by being named to Hurun Report’s “2017 China New Finance Top 50.” CRF’s inclusion on the list reflects the company’s stable growth in consumer… Read More

UK Fintecher Platform Black Rebrands as Sancus Finance Limited

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UK-headquartered Platform Black Limited announced that it has rebranded as Sancus Finance Limited with immediate effect. The move comes as part of a strategic review of operations by Platform Black’s owners, GLI Finance Limited. The strategic review, designed to simplify GLI’s structure, included a transfer of its holdings… Read More

SME Lender Loan Frame Receives $2.25 Million Investment

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Loan Frame, an online lender providing access to capital in India, has raised $2.25 million. According to the India Times, the funding round was led by Parag Saxena, co-founder of Vedanta Capital and William Campbell, former chairman of Visa International. Additional investors included Toos Daruvala, co-chief executive… Read More

A Record Breaking Year for Seedrs: A Discussion with CEO Jeff Lynn

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Seedrs delivered a record year of crowdfunding. In an end of the year recap, Seedrs quantified their accomplishments including: £85 million invested in 159 different deals 45,000 individual investments were made during 2016 from 65 different countries FreeAgent, a company that raised £1.2 million Seedrs… Read More

Innovate Finance Set to Bring UK Fintech to the 2017 World Economic Forum Meeting in Davos

Lawrence Wintermeyer

Innovate Finance, the independent membership organization representing UK’s global fintech sector, announced on Monday it is heading to Davos, Switzerland for the 2017 World Economic Forum.  The World Economic Forum, which was established as a not-for-profit foundation in 1971 and is headquartered in Geneva, Switzerland, aims to… Read More

Cambridge Centre for Alternative Finance is Conducting Three Different Fintech Surveys

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The Cambridge Centre for Alternative Finance (CCAF) is in the midst of a research push. The CCAF is in the midst of not one, but three different surveys on the alternative finance ecosystem. Late last year, the CCAF announced a unique partnership with the Financial… Read More

Dow Jones European Venture Capital Report Shows Increase in Q4

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Venture Capital investment into European companies increased in Q4 in comparison to Q3 2016 and the same quarter year prior. This is according to Dow Jones European Venture Capital Report that described Q4 as a “rebound”. Dow Jones tallied 19 European venture capital funds raising €1.60… Read More

Personal Finance App Squirrel Seeks £400,000 on SyndicateRoom

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Squirrel, a personal finance app designed to help users have more control over their money, will raise £400,000 on SyndicateRoom. The platform reported that experienced angel investor Jos Evans will be the lead investor on the funding round having committed £100,000 to Squirrel. SyndicateRoom members… Read More

Shanghai Office Vacancies Rise as P2P Lending Declines

Shanghai China

Apparently, the slowdown and consolidation of the Chinese peer to peer lending industry is having an impact on the real estate market. Colliers International is reporting that Shanghai Grade A office space experienced a rise in average vacancy due to the widespread withdrawal from peer to peer… Read More