Tagged: asia

April 9, 2015 @ 4:19 pm By JD Alois  |  

According to Guan Jianzhong of Dagong Global, a company that monitors and rates peer to peer lending platforms, of the 1,587 p2p platforms it observes, 393 have been blacklisted and an additional 668 were given risk warnings – a staggering percentage of active peer lenders in… Read More

April 2, 2015 @ 9:57 am By JD Alois  |  

Crowd2Fund, a UK based investment crowdfunding platform that offers a range of funding options, has announced a Series A funding round of £2 million giving the company a “notional market value” of £10 million.  According to the company interest from Chinese investors boosted the valuation… Read More

March 31, 2015 @ 2:24 pm By Erin Hobey  |  

In a release, InvestUp MD and Co-Founder James Tuckett opined on Massolution’s Crowdfunding Report.  An excerpt follows: It’s not often that we get to write about the only global report on crowdfunding worth talking about. And this one’s doubly special, as we’ve waited for over two… Read More

March 27, 2015 @ 11:11 am By JD Alois  |  

Speaking on a panel discussion at the Boao Forum in southern China, the CEO of Shanghai Lujiazui International Financial Asset Exchange (commonly referred to as Lufax), Gregory Gibb, addressed the pressing issue of fraud. The peer to peer lending industry in China has experienced supercharged growth over the… Read More

March 26, 2015 @ 11:43 pm By JD Alois  |  

Crowdfunding Asia will be visiting Jakarta, Indonesia next month delivering its message of the power and potential of crowdfunding to boost economies and create new jobs. Crowdfunding Asia held its first, very successful, conference in Singapore in August of 2014.  Several hundred finance professionals, investors,… Read More

March 26, 2015 @ 6:37 pm By JD Alois  |  

Data published by the China Banking Association indicates a “surge” in internet banking.  According to a report in ECNS, individuals using online banking services has hit 909 million – an increase of 150 million compared to the year prior. Financial transactions totaled an astounding 60.85… Read More

March 11, 2015 @ 1:45 am By Midori Yoshimura  |  

SAIF Partners in China and in India, a leading Asian private equity firm managing over US$3.5 billion, is expecting to invest a minimum of $70-$100 million in 10-15 companies this year, across the mobile, e-commerce and financial services sectors, according to a story on Live Mint. In the… Read More

March 2, 2015 @ 11:48 pm By JD Alois  |  

Singapore’s first true equity crowdfunding platform, FundedHere, launched today its platform to facilitate equity-based funding and venture debt for start-ups in the region from as low as S$5,000 (US$3,700). The new investment platform is viewed as a “springboard to fund projects in the region”. FundedHere… Read More

February 20, 2015 @ 3:58 am By Midori Yoshimura  |  

The competition is down to just a few finalists in Channel News Asia’s “Start Up” TV show, and Andrea Loubier is one of them. Loubier is the CEO of Mailbird, a tech startup headquartered in Bali, with offices in Bandung, Indonesia, and Copenhagen, Denmark. Three judges… Read More

February 17, 2015 @ 12:50 pm By Samantha Hurst  |  

On Tuesday (February 17th), peer-to-peer lender, Linked Finance, announced it has hired Lloyd Nolan as its new chief operating officer. According to The Independent, Nolan joins Linked Finance from computer software company Symantec, where he was senior operations director of the customer management center for… Read More

February 16, 2015 @ 8:42 pm By JD Alois  |  

Many countries around the globe are pushing forward with investment crowdfunding  viewing the new form of finance as a powerful tool to boost economic growth by funding small companies. It is a new world order though with little precedent to guide.  The British have spearheaded… Read More

February 16, 2015 @ 12:13 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has released a document outlining the proposals to introduce investment crowdfunding in Singapore.  Comments are being accepted on the consultation paper until March 18th.  The widely expected publication is in recognition of the shift from traditional forms of finance… Read More

February 4, 2015 @ 12:20 pm By JD Alois  |  

Lending Club (NYSE: LC) founder and CEO Renaud Laplanche is making the rounds talking up his most recent partnership.  Earlier this week Lending Club and Alibaba announced a unique arrangement where peer to peer lending platform would provide loans for US based companies that purchase from Chinese firms…. Read More

February 2, 2015 @ 3:51 pm By JD Alois  |  

BOP Consulting and Equity Crowdfunding Platform ShareIn Poised to Offer Combo UK / China Portal An English translation of draft policy for equity crowdfunding in China has made its way to the pages of BOP Consulting (see below).  Following a period of research and consultation… Read More

January 28, 2015 @ 2:33 pm By JD Alois  |  

  The Singapore Exchange (SGX) will launch its very own equity crowdfunding platform as a vehicle to help raise capital for entrepreneurs and small businesses.  SGX will partner with Clearbridge Accelerator on the project. Clear bridge is described as one of the leading venture capital… Read More

January 28, 2015 @ 8:35 am By Midori Yoshimura  |  

Chinese credit rating agency Dagong recently released its first internet finance blacklist and early warning list, according to a company statement. Dagong stated, “the number of peer to peer platforms that appeared to have various risks such as blocked withdrawals, platform closure and flight is… Read More

January 26, 2015 @ 8:54 pm By JD Alois  |  

Singapore based startup Club Ethis may be the world’s first Shari’ah compliant crowdfunding platform and according to information provided by the portal it is growing fast. Club Ethis is guided by 2 in-house Islamic scholars. Ethis believes it has shown that Islamic Finance, crowdfunding and real… Read More

January 19, 2015 @ 2:56 pm By JD Alois  |  

Jason Best, one of the founders of Crowdfund Capital Advisors and a staunch advocate of investment crowdfunding, recently visited multiple countries in Asia spreading the crowdfunding gospel. During this trip he spent some time in Malaysia, a country that is pushing forward with investment crowdfunding as… Read More

January 19, 2015 @ 1:23 pm By Samantha Hurst  |  

New Hong Kong and Shanghai-based crowdfunding platform Kliptap is ready to become the ultimate funding tool for social causes in Asia. According to e27, Kliptap recently became a graduate from Chinaccelerator’s batch VI and received $30,000 in funding for 6% in equity. The new platform… Read More

January 13, 2015 @ 1:07 pm By JD Alois  |  

  Woomentum, a crowdfunding & crowdsourcing platform for female entrepreneurs, has just launched a sister site called HerCoLab.  Woomentum is the creation of Mouna Aouri, an engineer and mother of two based in Singapore.  Woomentum’s mission is to support women during the most challenging phases… Read More