Tagged: asia

July 7, 2015 @ 8:05 am By JD Alois  |  

Singapore based Crowdonomic has Rebranded as Crowdo as it Expands Across Asia. Launched in 2012, Crowdo has announced they will launch two platforms before year end.  As part of their regional expansion plan, Crowdo intends to launch a peer to peer lending platform in Indonesia… Read More

July 1, 2015 @ 4:39 pm By Samantha Hurst  |  

Earlier this week, Derbyshire-based FieldCandy recently launched an equity crowdfunding campaign on Crowdcube to raise £200,000 to continue growing its business. FieldCandy is described as an exciting design-led brand of outdoor lifestyle products. The company currently stocked in the UK, USA and Asia in leading retailers such as Harrods, Heal’s,… Read More

June 27, 2015 @ 10:56 am By JD Alois  |  

One of China’s largest direct sales platforms JD.com (Nasdaq:JD), and US based ZestFinance, a have formed an agreement to launch a joint venture called JD-ZestFinance Gaia.  This new partnership is designed to support the development of consumer credit in China.  The combined initiative will incorporate ZestFinance’s… Read More

June 26, 2015 @ 10:30 am By Midori Yoshimura  |  

  As the CEO and founder of PhoenixICT, a leading crowdfunding hub, HongSin Kwek is among the organizers of Crowdfunding Asia, the first conference of its type focused on the Asian markets. Crowdfunding Asia held its first event in Singapore in 2014, and this year’s upcoming events include conferences… Read More

June 25, 2015 @ 11:31 am By JD Alois  |  

Amran Hassan, Head of Innovation at Maybank, Shares Insight into Maybank’s Innovative Approach Malaysia has been a leader in Asia in advocating, and legalizing, investment crowdfunding. Securities Commission (SC) Malaysia, the regulatory body that oversees the securities markets, has been a champion of new forms… Read More

June 14, 2015 @ 10:51 pm By JD Alois  |  

With new rules pending, the peer to peer lending market is jostling for position.  CreditEase, the first P2P lender in China, recently cemented an agreement with China Guanfa Bank as part of a push to assure investors their money is safe. According to a report… Read More

June 11, 2015 @ 10:42 am By JD Alois  |  

Malaysia has been at the forefront of advocating on behalf of internet finance in Southeast Asia.  This week the Securities Commission Malaysia took another step in providing greater access to capital for innovative firms by announcing six approved equity crowdfunding platforms. Revealed during the Synergy and… Read More

June 11, 2015 @ 10:01 am By JD Alois  |  

FundedByMe has received regulatory approval from the Securities Commission Malaysia to operate an equity crowdfunding platform in the Southeast Asian country.  FundedByMe, a diversified crowdfunding platform, has already set up an operation in Singapore. The company has partnered with Alix Global Sdn Bhd and is one… Read More

June 11, 2015 @ 8:13 am By JD Alois  |  

Eureeca, a Dubai based equity crowdfunding platform, has received regulatory approval from Securities Commission Malaysia to provide crowdfunding services. Company representatives stated their intent to set up operations in Kuala Lumpur and to use this location as a hub to expand services throughout the Southeast… Read More

June 2, 2015 @ 10:49 pm By Samantha Hurst  |  

In an attempt to gain full access in the top-secret Trans-Pacific Partnership (TPP) trade deal, the documentation leaking website, WikiLeaks, has launched a crowdfunding campaign on its own platform to raise $100,000 reward for the remaining chapters of the TPP. The TPP is a “proposed regional regulatory and investment treaty”…. Read More

May 30, 2015 @ 8:00 pm By JD Alois  |  

SolarPVExchange is the newest entry into the renewable energy crowdfunding space.  Launched on May 28th, the company just held its “Sunvest” launch party in Singapore this past week.  The platform is a crowdsource / crowdfunding hybrid and claims first in the region.  The site allows… Read More

May 27, 2015 @ 8:27 am By JD Alois  |  

Three crowdfunding platforms have come together in a strategic alliance to boost market dominance in Southeast Asia.  CoAssets, FundedByMe, and New Union each based in Singapore, specialize in different aspects of Crowdfunding. CoAssets is targeting the real estate vertical.  New Union is a debt based… Read More

May 20, 2015 @ 8:00 am By JD Alois  |  

Peer to peer lender China Rapid Finance has originated an astounding 1.1 million in loans to Chinese borrowers in just three months time – as of April 30th. The impressive number is indicative of the demand for capital in the largest P2P lending market in… Read More

May 12, 2015 @ 5:51 pm By JD Alois  |  

With final regulations expected this coming June, details continue to trickle out regarding the approach the China Banking Regulatory Commission (CBRC) will take in cracking down in a rather chaotic peer to peer lending industry in China. China is presently the largest peer to peer… Read More

May 8, 2015 @ 12:27 pm By Chen Hung-Yi  |  

  Crowdfunding is estimated to be commencing this May (2015) in Taiwan. To encourage the development of start-ups and SMEs, the financial authority in Taiwan, which is called Financial Supervisory Commission (FSC), will provide a regulatory structure for crowdfunding. Since the Security Act in Taiwan requires the… Read More

May 5, 2015 @ 2:55 pm By JD Alois  |  

China is the largest peer to peer lending market in the world originating over $40 billion in loans for 2014.  While estimates vary, there are over 1500 p2p lenders in the country today – a number that is expected to decline once the government releases… Read More

May 4, 2015 @ 12:08 am By JD Alois  |  

Ning Tang, CEO and founder of CreditEase – the first peer to peer lending platform in China, recently shared “ten thoughts” about the evolution of P2P lending and online finance. CreditEase was founded in 2006 prior to P2P lending becoming a popular term, the CreditEase… Read More

May 1, 2015 @ 4:25 pm By JD Alois  |  

AutoChina International just reported 4th quarter 2014 financial resorts. AutoChina is a “leading provider of innovative financing solutions for China’s transportation industry”. The spread between quarter close and results may be slow for the US, but is typical for China. AutoChina (OTCBB: AUTCF) announced decent… Read More

April 26, 2015 @ 2:49 pm By JD Alois  |  

In today’s world, science & technology has to compete, innovate, vision clarity and install aspiration to serve the demands of industry. Traditional funding limits and challenges the demise of ideas! Crowdfunding offers alternatives and disrupt the traditions; crowdfunding led breakthrough for passionate individual, it bring science… Read More

April 19, 2015 @ 11:37 pm By JD Alois  |  

  Former Secretary of Treasury Larry Summers delivered a solid and well received speech at LendIt last week where he criticized the failures of traditional finance while lauding the innovations of internet finance – one that will remove banking from the shadows of the past… Read More