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.

Crowdcube Partners with WeWork to Boost European Expansion

UK crowdfunding platform Crowdcube has announced a new partnership with fast-growing shared workspace company WeWork.  The new partnership will help boost Crowdcube’s European expansion goals.  Crowdcube will be opening offices in both Paris and Amsterdam within the next two months and will continue to roll… Read More

EIS & SEIS May Be in Store for Improvement Under Conservative Plan

The UK has led the European continent in economic growth and Fintech innovation. This welcomed phenomenon is due, in part, to a culture of entrepreneurism and a supportive government. One important catalyst in the growth equation are the tax incentives available to early and mid-stage… Read More

FlashFunders Sold to UK-based Boustead & Co.

Full stack crowdfunding platform FlashFunders has been sold to Boustead & Co. While no official announcement has been made, social media profiles are being updated to reflect the transaction. Co-founded by Vincent Bradley and Brian Park, FlashFunders was one of the first Regulation Crowdfunding portals… Read More

Smart Dubai: Implementing Blockchain Across the City, Emirates NBD on Board

Dubai’s pioneering government-backed initiative to implement blockchain technology across the city is now into its third month, and the pilot schemes continue to roll out. The move aims  to secure the city’s reputation as a leading Middle Eastern business center. This month Dubai’s largest bank, Emirates… Read More

Irish P2P Lender Linked Finance Receives FCA Authorization, Ready for UK Expansion

Linked Finance, an Irish P2P lending platform, has received full authorization by the UK Financial Conduct Authority which will enable the platform to actuate growth into the UK market, according to multiple Irish news sources. In late April, the Ireland government announced a Public Consultation on the Regulation… Read More

Defying Brexit Gloom: UK Online Lender WiseAlpha Exceeds £627K During Second Crowdcube Run

WiseAlpha, a UK online lending platform that gives everyday investors access to high yield institutional bond and loan investments, has raised over £627,000 on its Crowdcube return in just 7 days, coming in at 125% over its original target. More than 433 investors have invested in return… Read More

Report: UK Investors Turn to Property Investment During Brexit Uncertainties

Peer to peer lender Kufflink is out with a report that UK investors are turning to property investment in response to Brexit uncertainty and the forthcoming snap election.  Kufflink is a relatively young P2P lender in the property sector so any shift in property investment… Read More

LATTICE80 and Nanyang Polytechnic Partner on Fintech Program

LATTICE80, Singapore-based Fintech hub owned and operated by private investment firm Marvelstone Group, has signed a memorandum of understanding (MOU) with Nanyang Polytechnic (NYP) to offer a Fintech experience program for year 1 and 2 students. NYP students that qualify can may up to be… Read More

Singapore-based Blockchain VeChain Joins PwC’s Incubation Program

Singapore-based blockchain service provider VeChain S.E.A, a subsidiary of the leading blockchain technology company in China, BitSE, is proud to announce it will join PwC’s incubation program. PwC and BitSE held a signing ceremony on Monday in Hong Kong with Raymund Chao, PwC Greater China Chairman,… Read More

UK P2P Lender RateSetter Announces Joanna Wright as New CRO

Peer-to-peer lending platform RateSetter has appointed Joanna Wright as Chief Risk Officer. Wright joins RateSetter from GE Capital where she was Chief Risk Officer for GE Capital Bank in the UK, leading a team of over 200 risk professionals with responsibility for prudential and enterprise risks… Read More

China: WeiyangX Fintech Review

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

Invoice Trading Platform Qupital Receives $2 Million in Seed Funding Led By Alibaba Entrepreneurs Fund & MindWorks Ventures

Qupital, an online invoice discounting exchange, has received $2 million in seed funding led by Alibaba Entrepreneurs Fund and MindWorks Ventures. Several other VCs participated including DRL Capital and Aria Group. Alibaba Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help… Read More

Starta Accelerator Will Hold ICO Crowdsale to Fund Early Stage Companies

Starta Accelerator, an early-stage investor and business incubator, announced it is holding a “crowdsale” to secure funding to help start-up tech companies expand into the US. Starta Accelerator is based in New York City and is an offshoot of Starta VC based in Moscow. The… Read More

Singapore Fintech Startup StashAway Raises US $2.2 Million in Series A

According to TechinAsia, StashAway, a Fintech startup based in Singapore focused on providing wealth management, announced it had secured US $2.15 million in funding for its Series A round. StashAway is a software solution for individual investors to manage their investment portfolio. StashAway claims to… Read More

Alternative Lending Index Unveils European Cross-Border Lending Opportunities

Twino, one of the leading Baltic lending marketplace, has produced in conjunction with KPMG Baltics a report called Alternative Lending Index which assesses the potential of alternative finance in 23 European countries based on a set of economic credit data. While the report does not… Read More

futureshare Wants to Unlock Canadian Homeowners Equity with New Online Platform

futureshare, an alternative finance platform, launched this week offering a service for Canadian homeowners to unlock equity in their homes. Unlike traditional Home Equity Lines of Credit (HELOCs), futureshare will provide immediate cash in return for a percentage of a home’s appreciation in value. futureshare’s online… Read More

Citi’s Tech for Integrity Challenge Recognizes Fintech Developers

Citi (NYSE: C) has announced award recipients for their Tech for Integrity Challenge (T4I) Demo day which took place in Dublin yesterday. According to Citi, Fintech developers from eight different countries participated to present working prototypes of their Fintech applications. The award recipients from the… Read More

Quarter Billion Milestone. P2P Lender Assetz Capital Keeps Growing

Peer to peer lender Assetz Capital has surpassed £250 million in lending for UK businesses. The platform has accomplished this milestone in the four years since its launch in 2013. The company reports that approximately 20,000 registered lenders have earned over £21 million in interest… Read More

Brief: Mobile Payment Platform Verse Pockets $20.5M in Series B Funding

Mobile payment platform Verse closed a $20.5 million Series B round of funding led by Spark Capital, according to multiple news sources. eVentures and Greycroft Partners also participated in the round whose funds will be added to the $8.3M in Series A funding secured last October. The Barcelona/ San Francisco-… Read More