Tagged: china

China: The Different Categories of Peer to Peer Lending Platforms

China Peer to Peer Lenders

The biggest Peer to Peer (P2P) lending market, China, has been experiencing explosive growth. After two articles introducing the historical growth and outlook for this market, we are going to take a micro look on the huge variety of (P2P) lending platforms emerging in China. To give a full introduction of different platforms, we categorize… Read More

China Based Formax Announces Alternative Trading Platform

Formax

In a public release Formax has announced a new “trading community” that seeks to become a “one stop shop” individual trading platform.  Formax states it has collaborated with 6 securities firms in China that aggregates various asset classes including peer to peer lending.  China is currently the largest P2P lending market in the world. “JRQ… Read More

China Ecommerce Site JD.com Announces Q3 Results

Jingdong Fenziqian

JD.com or JingDong has announced third quarter financial results today delivering a 111% increase in year over year results in Gross Merchandise Volume (GMV) totaling $11 billion (RMB 29 billion).  Net revenues came  in at $4.7 billion an increase of 61% versus Q3 of 2013.  Net loss for the quarter stood at $26.8 million (RMB… Read More

Xiaomi Backed Jimubox to Triple Peer to Peer Lending to $1.6 Billion in 2015

China Lion

In a recent report China peer to peer (P2P) lending platform Jimubox disclosed it expects to triple its lending business to $1.6 billion in 2015.  The company lent a total of 100 million Yuan ($16.3 million) in 2013 after launching in August. Former Wall Street banker and CEO of  Jimubox, Dong Jun explained late last… Read More

Rapide 3D Signs Up For Indiegogo’s Forever Funding Program After Raising $203,000 For its 3D Printer

Rapid Lite 5

Rapide 3D, who recently launched a crowdfunding campaign on  Indiegogo, has exceeded its funding goal by 1500% raising just over $203,000.  The company is offering savings of up to 60% on retail pricing to campaign contributors.  Available in 3 sizes, 200, 350 and 500mm printer is setting new standards in design and affordability. As a result… Read More

Coolest Cooler Partners with Dragon Innovation on Production

Coolest Cooler Features

Coolest Cooler, the largest crowdfunding campaign ever on the Kickstarter platform, is working with Dragon Innovation to aid in the production process of manufacturing, shipping and delivering over 60,000 tricked out coolers by early 2015.  In a note to backers, project creator Ryan Grepper delivered his first mass communication in almost a month.  Gripper acknowledged… Read More

AutoChina Announces Launch of New Peer to Peer Lending Platform: K-Lend

AutoChina Truck

AutoChina International, a commercial financing company for China’s transportation industry, has announced the launch of a new peer to peer (P2P) lending platform called K-Lend.  The news was revealed as part of a report regarding 3rd quarter results where AutoChina experienced a quarter over quarter growth of 7.6% in new leases.  AutoChina is a publicly… Read More

Pozible Partners with Shanghai-Nanxiang Government, IDG Capital on Crowdfunding Match Program

Team Pozible with Flags

Australia based Crowdfunding Platform Pozible Partners with China Government Office  to Connect Entrepreneurs with Capital, Manufacturing Support, Chinese Entity Setup and More. Pozible, an international crowdfunding platform based in Australia, has partnered with IDG Capital Partners and the Shanghai-Nanxiang government to award matching funds and other support to the entrepreneurs behind the seven strongest Internet of… Read More

The Outlook for Peer to Peer Lending in China

Peer to Peer Lending in China

With the explosive growth over the past seven years, China has become the biggest peer to peer (P2P) lending market in the world. After introducing the four stage evolution in the previous article “The Evolution of Peer to Peer Lending in China”, we will now share the trends we discovered in the development of P2P… Read More

FlyingV: The Largest Crowdfunding Platform in Asia

FlyingV Featured

Recently during a trip to Southeast Asia I had the opportunity to meet Tim Cheng, CEO of  FlyingV – the largest rewards based crowdfunding platform across all of Asia.  Based in Tapei, Taiwan, FlyingV was launched just over 2 years ago in 2012.  Since that time the platform has grown steadily and now has apparently… Read More

The Evolution of Peer to Peer Lending in China

China the largest Peer to Peer Lending Market P2P

China, like much of the world, has uncovered the power of the crowd to finance many different things. Peer to peer (P2P) lending may have started, in its current online form in the UK, but is now firmly established in China and is the largest P2P market in the world.  While there are many challenges… Read More

Perception Neuron Claims Most Funded Project From China on Kickstarter

Perception Neuron

Kickstarter staff pick, Perception Neuron has “sailed” past their $250,000 crowdfunding goal and now stands at over half a million dollars on the final day of its crowdfunding campaign. Organizers pointed out that Perception Neuron now is the largest crowdfunding campaign from China ever – on Kickstarter. Crowdfund Insider covered this project when it launched… Read More

Chinese Peer to Peer Lender Jimubox Raises Hefty $37 Million in Series B

Jimubox B Round

  China based peer to peer (P2P) lending site Jimubox announced today during a press conference in Beijing they had secured a substantial $37,190,000 investment in a Series B round.  The funding was said to be “competitive” and was led by Xiaomi and Shunwei Capital Invesment.  The company launched in August of 2013 and has… Read More

Crowdfunding Continues to Expand in China

Lijiang River China

Crowdfunding remains small proportionally in one of the worlds largest economies – but it is growing quickly. Recent reports have stated that China generated 188 million yuan (over $30 million USD) from January to June.   This was the result of 1,423 crowdfunding campaigns.  This growth is occurring while local venture capitalists lack the funding… Read More

Noitom’s Perception Neuron Quickly Raises Half of $250K Goal on Kickstarter

Perception Neuron 2

Project Perception Neuoron: Motion Capture, VR and VFX quickly raised over half of their crowdfunding campaign goal on Kickstarter as the professional community recognized the potential for the project. It is the goal of creating company Noitom to turn motion capture into a common tool even the smallest production company can afford. Their motion capture systems… Read More

One Man Spent the Past 4 Years, 16 Hours a Day, 7 Days a Week, Animating a Film He is Crowdfunding Now

White Tiger Legend

Kory Martin Juul has worked on some blockbuster films.  His credit role includes: Avatar, Lord of the Rings, Spider Man, The Hobbit, Star Trek, Star Wars and more.  He has earned his stripes as a visual effects artist at the highest level.  Passionate about his metier, Kory has worked almost single handedly for four years,… Read More

Star.21 Fitness Band Reaches ¥300,000 on Pozible

Star21 3

With less than two weeks until its Pozible crowdfunding campaign comes to an end, Oaxis’ Star.21 Fitness Band has officially hit¥311,014. The project originally set out to raise ¥100,000. The Star.21 Fitness Band helps its users “kickstart” their healthy lifestyle and cultivate long last healthy habits through a unique gaming experience. Based on the “21 Days Habit Formation” concept,… Read More

Chinese E-commerce Giant Jingdong Launches Crowdfunding Platform

Jingdong Fenziqian

E-commerce and internet giant Jingdong (JD) launched a new crowdfunding platform this week.  Called “Coufenzi” the site has listed 12 initial projects and is similar in approach to Demohour – presently the largest Chinese crowdfunding site. Described as “Kickstarter-like” a report in TechinAsia, Coufenzi is outlined as a serious competitor to other similar portals in China;… Read More

China Securities Regulatory Commission Reviewing Crowdfunding

china Securities Regulatory Commission

From multiple reports, the China Securities Regulatory Commission (CSRC) is considering regulations for the fast growing crowdfunding industry.  This entails both peer-to-peer lending and equity crowdfunding.  Apparently forthcoming regulations may be released soon. The CSRC has carried out multiple surveys and reviews of the domestic crowdfunding industry.  The CSRC recently officially stated; Equity crowdfunding is… Read More

Kickstarter’s 3D Printing CrowdFunded Projects Shows A Diversity of Locations (Infographic)

3d Printing Projects on Kickstarter

It is an accepted norm that one has to be in Silicon Valley to make it big in an internet startup or New York City to get to the top of the finance industry or Los Angeles for the movie business. One of the reasons for the clustering of industries is because of concentration of… Read More