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.

Ethique Preps for Second Equity Crowdfunding Campaign on PledgeMe

New Zealand based social enterprise Ethique is preparing to launch their second equity crowdfunding campaign on PledgeMe to raise growth capital to fuel their global expansion. Founded by CEO Brianne West, Ethique was an early adopter of equity crowdfunding having raised capital on PledgeMe back… Read More

FinTech Abu Dhabi Scheduled for October

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has scheduled a Fintech conference to engage Fintech thought leaders, financial regulators and platforms at the upcoming FinTech Abu Dhabi in October 2017.  The event highlights the growing interest in the potential for… Read More

ICOs & Fintech are Topic of Focus at IOSCO Growth and Emerging Markets Committee Meeting

The International Organization of Securities Commissions (IOSCO) held a meeting this past week of the Growth and Emerging Markets (GEM) Committee. This committee is the largest within IOSCO, representing over 75% of their membership. Ranjit Ajit Singh, Chairman, Securities Commission, Malaysia, and Vice Chair of… Read More

Report: There are 214 Unicorns in the World. A Good Number of them are Fintech

The wild herd of Unicorns, private businesses that are valued at $1 billion or more, continues to multiply.  The valuations rise as private money hunts for the next big investment trophy. Today, investing is borderless and services looking to scale tend to be country agnostic…. Read More

China: WeiyangX Fintech Review

China Takes Strict Control Over Consumer Credit, Forbidding it to Enter the Real Estate Market It is reported on September 20th that the Guangzhou branches of PBOC and CBRC have jointly issued a statement about consumer credit regulation, forbidding it to enter the real-estate market…. Read More

Premium Hotel Group in Austria Leverages Alternative Finance with Finnest

Premium hotel group Falkensteiner Hotels & Residences is using an alternative finance platform to raise capital as part of an expansion plan. The Austrian company has listed an investment offer on Finnest.com to allow its guests to become investors. The award-winning hotel group operates 32… Read More

Will HM Treasury “Clamp Down” on EIS & Undercut Investment in Early Stage Firms?

Earlier this week, the Sunday Times reported that the UK government was examining plans to “clamp down” on the Enterprise Investment Scheme (EIS). This program is a tax exemption that seeks to incentivize investment in early stage companies – an intrinsically risky endeavor. By providing… Read More

Life Sciences Crowdfunding Platform Capital Cell Opens to UK Investors

Capital Cell, a crowdfunding platform dedicated to life sciences, announced this week it is officially opening its portal to UK investors. The first four investment opportunities now live on the platform. As previously reported, Capital Cell was founded by Daniel Oliver and based in Barcelona, is the first… Read More

CCAF Publishes First Global Blockchain Report Providing Unique Insight into Emerging Sector

Report Highlights Central Bank Experimentation with Distributed Ledger Technology. The Cambridge Centre for Alternative Finance (CCAF) is out with their first Global Blockchain Benchmarking Study authored by Dr. Garrick Hileman and Michel Rauchs. The publication incorporates non-public data and states that 57% of surveyed central banks… Read More

FSA Japan & FSRA of ADGM Join Forces to Promote Fintech Innovation

The Financial Services Agency of Japan (FSA) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced the completion of a framework for cooperation to promote innovation in financial services in Japan and ADGM. This Cooperation Framework recognizes the global nature of… Read More

iCapital Network to Acquire US Private Equity Access Fund Platform from Deutsche Bank

iCapital Network, a fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, has entered into a definitive purchase agreement to acquire the US Private Equity Access Fund Platform from the Asset Management division of Deutsche Bank. “We see this deal as an important… Read More

WorldRemit Takes Off in Malaysia, Names Ridzuan Aziz as Country Director

WorldRemit, a digital money transfer company, has launched in Malaysia following the company’s acceptance as one of only four initial entrants into Bank Negara’s Financial Technology Regulatory Sandbox in June.  Ridzuan Aziz, a senior Malaysian business leader with experience in compliance advisory and fintech, has… Read More

Kickstarter Veteran Joto Partners with Crowdcube: Creative Robotics for the Home

Creative robotics pioneer Joto has linked with  Crowdcube to raise £250,000 with a 12.2% equity stake offered to investors. Since going live this morning, over 100 investors have poised Joto to easily exceed £60K by EOD. Valued at £1,800,000, Joto is using this funding round to enable… Read More

OpenLedger & MVP Asia Pacific Team Up With Universities to Offer Accredited Blockchain Innovation Program

On Wednesday, Denmark-based blockchain company OpenLedger announced it has teamed up with MVP Asia Pacific to launch a new blockchain program, OpenLedger MVP Blockchain Innovation. The program is offered to universities worldwide and will have accredited blockchain-based courses and program. The companies explained: “Since cryptocurrencies such… Read More

UK – Hong Kong Love In: UK Government to Host Best of British Innovation in HK

Fintech Bridge is Topic of Focus The UK government will host a “GREAT Festival of Innovation” in Hong Kong to showcase UK innovation and technology to the world. The announcement was shared by International Trade Secretary Dr Liam Fox today. Total bilateral trade between the UK… Read More

CCAF Asia-Pacific Report Shows Dramatic Rise for Alternative Finance in Australia

China is the biggest kid on the block when it comes to the emerging alternative finance market in the Asia Pacific region. In fact, China has the largest alternative finance market in the world driven by a fast growing economy, a highly connected population via… Read More

Insurtech: FCA & Hong Kong Insurance Authority to Cooperate on Fintech

The Financial Conduct Authority (FCA) has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) designed to enhance collaboration in supporting Fintech innovation.  The FCA explains the agreement includes information sharing and mutual referrals of Fintech firms looking to enter into either… Read More

Debt Trading Platform Racefields Credit Exchange Wants to Become PayPal of Loan Bridging

A new online platform, the Racefields Credit Exchange (RCX), has launched this week with the goal of becoming the PayPal of the loan bridging industry in a market they believe is underserved. The  RCX platform is said to be the first of its kind in… Read More

ASIC Releases Guidance on Crowdfunding in Australia which Commences on September 29th

The Australian Securities and Investments Commission (ASIC) has just released guidance for public companies and crowdfunding platform operators to support them in using the new “crowd-sourced funding (CSF)” regime. The updated rules kick off on 29 September 2017. While rules only apply to public companies,… Read More

European Deposit Marketplace Raisin Acquires PBF Solution in UK Expansion

  Raisin GmbH is growing rapidly and today the “European Deposit Marketplace” is moving into the UK with the acquisition of PBF Solutions. The company’s intent is to give UK savers a better choice for saving their money with their Fintech platform. Raisin GmbH has… Read More