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.

Brief: Spanish Crowdfunding Association President Oliver Discusses Upcoming CrowdDays

daniel oliver

CrowdDays, reportedly the largest event focusing on crowdfunding in Spain, is celebrating its second year. In 2015, there were events in both Madrid and Barcelona; this year, events will be held in the original cities as well as in Bilbao and Valencia that focus on crowdfunding… Read More

Flux eBike Indiegogo Campaign Hammers Initial Goal, Sets Sight on $1M Raise

flux

Having surpassed its initial Indiegogo campaign by over $831K, Flux electric bikes has flexed its crowdfunding muscle in partnership .  With 24 days remaining on their extended campaign, over 1,241 backers have invested over $881,765 to easily surpass the electric bike’s initial campaign goal of $50,000 and their stretch… Read More

OnDeck, Kabbage & CAN Capital Charter Members of Innovative Lending Platform Association

Money International Global Currency

Online small business lending platforms OnDeck (NYSE: ONDK), Kabbage and CAN Capital – today announced the formation of the “Innovative Lending Platform Association,” which will focus on advancing small business online lending education, advocacy, and best practices.  Together the three founding companies have provided access to… Read More

RateSetter Adds Chief Risk Officer to Management Team

Cyrille Sallé de Chou

RateSetter has appointed Cyrille Sallé de Chou as its new Chief Risk Officer. Chou will be migrating over from Lloyds Banking Group where has been the Credit Risk Director of Mortgages. In that role, he was said to have overseen one of the largest loan… Read More

Bridge to Asia: IZMUS Signs MOI with Singapore based Infocomm to Help Israeli Startups Expand into Asia

Singapore at Night

Israel is one of the hottest startup ecosystems in the world today. The small country has consistently punched above its weight class by turning out consecutive startup hits – many in the Fintech sector. The highly educated, risk-embracing Israelis have taken the title of Startup Nation…. Read More

VentureFounders Adds to Executive Staff with New Hires as Platform Grows

james codling

UK-based investment crowdfunding platform VentureFounders, has appointed two new executives to aid with platform growth. According to VentureFounders, platform users grew by 105% in the first quarter of 2016 alone. VentureFounders saw more than £726,000 invested via their platform during Q1. VentureFounders announced that Vanessa… Read More

Getting it Right: the UK Supports SME Growth with EIS & SEIS Tax Programs

Queen Elizabeth Money-20-pounds

Starting and creating a new business is a highly risky endeavor.  Yet these same small businesses are the ones that create the most jobs and drive economic growth. In brief, SMEs are imperative for society as a whole. The UK has supported an innovation-based economy… Read More

Timbuktu Labs Finds Eager Kickstarter Crowd for Global & Unconventional “Good Night Stories for Rebel Girls”

rebel girls

Rebel Girls, try, fail, try again!  In a new Kickstarter project for the children’s book Good Night Stories for Rebel Girls, 100 Stories about courageous, unconventional women who changed and are changing the world in “every field imaginable”– many of whom were also mothers (US reader… Read More

EBN Applauds EU’s Support of Crowdfunding as Data Backs Up CMU Plan

Philippe Vanrie

EBN, a network of over 160 business innovation centres and incubators, has released a statement on the European Commission’s advocacy of investment crowdfunding in providing crucial access to capital for innovative young firms. CEO of the EBN network, Philippe Vanrie, welcomed the report stating; “We… Read More

MobiKwik Taps GMO Payment Gateway & MediaTek for Successful Series C Round

Asia Map on Globe

MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors… Read More

ECN Crowdcamp Will Tackle Investments in Renewable Energy at Forthcoming Event

Sunset in Muskoka

Climate change and renewable energy are two hot topics today. Policymakers and other stakeholders continue to debate the specifics while a growing majority of people view clean energy as an important and strategic goal for the world. The United Nations in their most recent report… Read More

BrewDog Updates SEC Filing as Share Offer to Support US Expansion Nears

Brewdog 1

BrewDog, and its never-ending EquityforPunks crowdfunding campaign, has updated its filing with the SEC as the US offer, under Reg A+ nears. BrewDog management originally filed its first Form 1-A in early March.  The most recent filing will reflect comments and requests from the SEC… Read More

Spanish Health App Mammoth Completes Second Funding Round on Crowdcube

Paleo Run by Mammoth

Mammoth Hunters has completed its second investment crowdfunding round on Crowdcube Spain raising € 300,000 from 231 investors.  According to information provided by Crowdcube, 53 of these investors returned to finance the company once again. Mammoth first raised capital on the platform in 2015, raising €… Read More

Thai Startup T2P, Creators of DeepPocket e-Wallet App, Receives $1.1 in Funding from 500 Startups

DeepPocket from T2P Thai

T2P, creators of the e-Wallet App DeepPocket, has received $1.1 million in funding led by Dave McClure’s 500 startups. The funding round also saw participation from Bechnachinda Holding.  T2P is based in Thailand and the additional capital will be leveraged to expand their services beyond… Read More

European Investment Fund & KfW Invest in Securitized P2P Loans

EU coins money Europe

The European Investment Fund, which is part of the European Investment Bank, along with KfW, a German government supported bank, have jointly invested in securitized loans from peer to peer lending platform Funding Circle.  The initiative is part of a broader objective of supporting SME… Read More

Mexico Prepares Regulations for Debt & Equity Crowdfunding

Flag_of_Mexico

This past week the  Comisión Nacional Bancaria y de Valores (CNBV) published their 7th National Financial Inclusion Report  (Reporte Nacional de Inclusión Financiera). The document (embedded below) spent a good amount of time defining and addressing the various forms of investment crowdfunding. The document was published in advance of… Read More