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.

FinTech Australia Reveals Initial Speaker Line Up for Inaugural Fintech Fest

  FinTech Australia and Next Money, along with the State Government of Victoria, a gearing up for their inaugural week long Fintech event –  Intersekt. The Fintech festival will be taking place in Melbourne, Australia from October 27 to November 3rd if you happen to… Read More

Zopa Reports Diminishing Loss as Revenues Rise for 2016

Zopa, the first peer to peer lender to set up shop in the UK, has filed its annual accounts for 2016, and according to their numbers business is looking better. Top line revenue improved by 61% jumping to £33.2 million for 2016. The operating loss… Read More

FinTech Australia & EY Launch Census on Fintech Growth

FinTech Australia has announced that the EY FinTech Australia Census 2017 is underway to help create a more vibrant Fintech industry down under. The two groups are asking that all industry participants complete the questionnaire before September 3rd. So you better hurry. This years survey… Read More

OFF3R Launches SIPPs Channel

UK based aggregator of alternative investments OFF3R announced on Tuesday the launch of its new Self Invested Personal Pensions (SIPPs) channel, which will feature pension products from some of the leading providers in the market. The company described A SIPP as a tax wrapper that holds your chosen investments… Read More

Merger Ahead: BTCS Signs LOI with Blockchain Global Limited

BTCS Inc. (OTCQB: BTCS), a blockchain technology focused company, has signed a non-binding Letter of Intent to merge with Blockchain Global Limited (formally Bitcoin Group), an Australian blockchain company, subject to a number of conditions . “As early movers in a rapidly developing industry, we’ve assembled… Read More

German Fintecher Cringle Returns to Companisto for Second Equity Crowdfunding Campaign

Cringle has returned to Companisto for its second equity crowdfunding round, aiming to raise 600,000€ for 9.09% equity offered.  The campaign has quickly raised over 61,000€ from more than 83 investors in the first day of its campaign for the company now valued at 6M€…. Read More

Lawrence Wintermeyer Departs Innovate Finance, Charlotte Crosswell Steps in as Interim CEO

Lawrence Wintermeyer has stepped down as CEO of Innovate Finance. Wintermeyer has been in the leadership role for the past two years following in the footsteps of the inaugural CEO Claire Cockerton. The UK based association for the global Fintech industry announced that Charlotte Crosswell… Read More

Fintech Firm Sharpfin AB Crowdfunds on Invesdor

Fintech Funding Fintechs Invesdor has listed a new investment opportunity on its European crowdfunding platform. Sharpfin AB, a Stockholm based Fintech, is seeking funding to develop the next generation of wealth management software. Sharpfin sees a finance industry that is riddled with high maintenance legacy… Read More

New Australian Multi Channel Crowdfunding Platform Igniteme Launches Ahead of Regulatory Changes

At some point in the coming weeks, the regulatory regime for investment crowdfunding (also referred to as Crowd-Sourced Funding at times) will change. The updates will be an improvement over the existing environment for businesses looking to raise capital online in Australia. Igniteme is the… Read More

Cambridge Centre for Alternative Finance Offers Final Call for European Platform Participation in Benchmarking Report

The Cambridge Centre for Alternative Finance (CCAF) has become the standard by which everyone measures the growth and aggregate success of the alternative finance industry. Cambridge was the first major institution to capture a snapshot, both qualitatively and quantitatively, on the emergence of crowdfunding, online… Read More

Seven Years Since Launch: Funding Circle has Supported the Creation of 80,000 New Jobs

Last week, Funding Circle celebrated seven years of operation. Launched in August of 2010, three friends from university concocted the concept of peer to peer lending in support of UK SMEs. That first year of operation saw a mere £2 million in loans originated. Today,… Read More

Higher Education Lending Platform Prodigy Finance Raises $240 Million For International Student Funding

On Monday, UK-based higher education lending platform, Prodigy Finance, announced it secured $240 million for international student funding. According to the online lender, the new investment includes a $40 million Series C equity round, led by international venture capital firm Index Ventures, with Balderton Capital… Read More

Funding Circle to Launch New Version of Autobid & Autosell Lending, Investors Will No Longer Be Able to Choose Single Loans

On Monday, Funding Circle announced it is set to launch a new version of its existing Autobid and Autosell lending tools. Funding Circle will be eliminating the option to manually choose which businesses an investor may lend to and which loan parts to sell will be… Read More

Israeli Crowdfunding Platform ExitValley Self Crowdfunds, Plans UK Expansion

ExitValley is leveraging its own platform to raise growth capital for the young investment crowdfunding site. According to the campaign page; “2 years after we pioneered Israel‘s first Crowdinvesting platform, new government regulations are now in place that allow everyone to invest in Start-ups. We… Read More

Report: IVC Poised to Invest in Fintech Unicorn Transferwise

IVC, one of the original venture capital firms on Sand Hill Road in Silicon Valley, is poised to take a substantial stake in Fintech unicorn Transferwise. This is a according to a report by Sky News that indicated IVP would invest approximately $60 million in the… Read More

Why You Should Start Considering Socially Responsible Investing

Narrowly looking only at a company’s published financial accounts when investing in it could prove to be a costly mistake. Every company is also about people, and every company is only as good as the people who embody its mission. Quantitative assessment of a company… Read More

RateSetter Withdraws From the UK Peer to Peer Finance Association [u]

On Friday, P2P lending platform RateSetter announced it has withdrawn from the Peer-to-Peer Finance Association (P2PFA). This news comes less than a month after the online lender was hit with a series of significant operational challenges as several large loans have struggled. RateSetter stated; “Following our… Read More

China: WeiyangX Fintech Review

Alibaba’s Yuebao Reduces Credit Limit for Personal Balance to RMB 100,000 Alibaba’s Yuebao is now the nation’s largest money market fund with assets hitting RMB 1.43 trillion (US$210.18 billion) as of the end of July, up sharply from the end of last year. On August… Read More

German Crowdfunding Platform Aescuvest Combines Institutional & Private Investors to Fund Health & Medical Startups

German Investment crowdfunding platform Aescuvest has recently listed an offer to invest in Rodos Biotarget GmbH. The company has reportedly developed a platform technology under the name TargoSphere, which allows the targeted transport of active substances with “nanotransporters”.  These nanotransporters. Rodos Biotarget is emblematic of the… Read More

Singapore Fintech Hub: Dominant for Now As Regulations Count

Singapore has worked hard to gain, and retain, the crown of Asian Fintech Hub and you can guarantee it won’t give it up without a fight. There are several countries that are in the race. Recently both Australia and Hong Kong have staked a claim… Read More