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.

China: Weiyangx Fintech Review

China’s first online centralized personal credit database is on the way Earlier this month, People’s Bank of China formally accepted the license application of Baihang Credit Investigation Ltd. Led by the National Internet Finance Association of China, Baihang will be China’s first online centralized personal… Read More

Here is the List of Global Regulator Statements on Initial Coin Offerings

The International Organization of Securities Commissions (IOSCO) issued a warning statement this past week regarding initial coin offerings (ICO). The IOSCO Board also shared it had established an ICO Consultation Network through which members may discuss their experiences and bring their concerns, including any cross-border… Read More

International Organization of Securities Commissions Issues Warning on Initial Coin Offerings

The International Organization of Securities Commissions (IOSCO) has published a warning on initial coin offerings (ICOs). The Board Communication should come as no surprise as dozens of national securities regulators have published warnings already as public officials struggle to grapple with the concept of digital… Read More

Peer to Peer Lender Zopa Increases Interest Rates Paid to Investors

Zopa, one of the largest peer to peer lenders in the UK, has announced an increase in interest rates paid to investors. Zopa currently offers two diversified investment tiers: Zopa Core and Zopa Plus. Returns have increased from 3.7% for Core and 4.5% for Plus… Read More

Advertising Platform Pingvalue Readies for €30M-Goal ICO on Chaineum

Pingvalue plans an upcoming ICO with a €30M target conducted for developing its blockchain-based advertising services. Chaineum, a French ICO Boutique founded by Laurent Leloup, is leading this ICO. Following the recent successful ICO conducted by Domraider, Chaineum is leading this offering with a pre-ICO opening… Read More

Applied Blockchain Secures Funding from Shell Trading International & Calibrate: Ready, Set, Grow!

Applied Blockchain Ltd, a London-based blockchain start-up, has secured its first funding round with investments from Shell Trading International Ltd and Calibrate Partners LLP for minority stakes in the company, its first entry into the energy industry. The initial funding for an undisclosed amount will be used… Read More

Cryptocurrency and Blockchain Security Platform Ledger Celebrates Draper Esprit-Led $75M Series B Round

French cryptocurrency and blockchain security company Ledger nabbed a $75 million (EUR 61 million) Series B round, led by Draper Esprit. The investment funds will enable the company to scale up its operations as demand for its security products increases. While the round was led by… Read More

AngelList Announces Syndicates For India

Earlier this week, AngelList announced the launch of Syndicates for India, which is described as a new way for investors in India to invest alongside experienced angels and VC funds that invest in the country’s tech industry. AngelList stated: “Syndicates are a private single-deal investment… Read More

Minister of the Economy for France Appoints former Deputy Governor of Banque of France to Investigate Cryptocurrency

In a speech delivered on January 15th at Bercy, Bruno Le Maire, the Minister of Economy and Finance, announced he has appointed Jean-Pierre Landau, former Deputy Governor of the Banque de France, to head a mission investigating cryptocurrencies. Le Maire stated (translated from French); “We want… Read More

Name Change for Funding Knight as GLI Finance Updates to Sancus Funding

As part of an ongoing strategic update, GLI Finance has renamed peer to peer lending platform FundingKnight to Sancus Funding Limited with immediate effect. GLI Finance, an AIM listed company, has also transferred ownership to Sancus BMS Group Limited. Andy Whelan, Sancus BMS Group CEO,… Read More

Challenger Bank Revolut Adds £1/Day Travel Insurance to Growing Portfolio of Services

Digital only challenger bank Revolut has released a new featured today – one that is designed to be simple to use and cost effective. Revolut has announced that users may now activate travel insurance for just £1 per day. The insurance is available at the… Read More

deVere Group CEO Nigel Green Discusses New Crypto App, Fintech and Digital Currencies

deVere Group, an international financial advising network with more than 70 global offices, over 80,000 clients and $12 billion under advisement, has officially entered the cryptosphere, with the launching of a new cryptocurrency app in reply to the “soaring global demand” and in defiance of financial… Read More

BnkToTheFuture Claims Initial $30M Raise in Private Token Sale, ICO Slated for Early February

Financial technology investment platform BnkToTheFuture claims that the platforms has raised an initial $30 million for its tokenized equity market and due diligence platform in the first three days of BnkToTheFuture’s token private pre-sale open solely to institutional investors. BnkToTheFuture reportedly offers the largest online… Read More

Finastra Presents its HK Future of Banking Center of Excellence, Partners with McKinsey

Finastra, a Vista Equity Partners portfolio company, has newly established its Future of Banking Center of Excellence at Cyberport in Hong Kong. This strategic move is part of the worldwide program at Finastra to continue to build its innovation ecosystem and collaborate with strategic partners… Read More

Lending Marketplace Lendix Raises €200 Million Institutional Financing to Trailblaze European Alternative SME Finance

Lendix’s historical investors are renewing their trust in the Paris-based European SME marketplace lender. The European Investment Bank Group (EIB), CNP Assurances, Eiffel IM, Groupama, Zencap AM, Matmut and Decaux Frères Investissements are among the first investors joining to finance Lendix’s latest investment vehicle to… Read More

Insurtech: Deutsche Bank Partners with Berlin based Friendsurance to Complement Banking Services

Deutsche Bank has announced a new strategic partnership with Insurtech firm Friendsurance. The arrangement will see the two companies working together to advise clients and help them take out and manage insurance policies. Deutsch Bank’s goal is to make it more simple, transparent and convenient… Read More

Online Lender Lendix Shares What to Expect in 2018

Lendix, one of the premier peer to peer lending platforms in continental Europe, published a letter last week sharing what to expect in 2018 and reflecting on the past year. Their third Open Letter first tackled promises from the year prior. According to their recollection, Lendix… Read More

UK Still Leads: European Venture Capital Report for Q4 2017

The Dow Jones Venturesource Venture Capital Report is out for Q4 2017. The report covers the European VC market, including Brexit bound UK. The Dow Jones report for the final quarter of the year paints a positive perspective on VC funding as there was a… Read More

Focusing on Growth in 2018, Online Lender Lendix Adds Three New Executives to Management Team

Leading online lender Lendix is out with a note saying they have hired three new recruits to support its 2018 growth targets. The peer to peer lender currently operates in France, Spain and Italy, but will open up in two additional countries soon. To help… Read More

British Robotics Seed Fund Backs AI Tool Magpie Education with £300,000 Investment

The British Robotics Seed Fund (BRSF) has invested in Magpie Education, a creator of an AI driven resource tool  designed to inspire students in STEM (Science, Technology, Engineering & Mathematics) subjects. The£300,000 investment will help Magpie capture market share of the UK Edtech market and then… Read More