Tagged: dubai

Beehive is First P2P Lender to Receive DFSA Regulatory Approval

Dubai-based Beehive has become the first peer to peer lending platform to be authorised and regulated by the Dubai Financial Services Authority (DFSA) Beehive reports that the new regulation is a first for the region and may catalyze sector growth of the Fintech industry. Beehive said… Read More

IMF & Dubai to Host FinTech Seminar at World Government Summit

The International Monetary Fund (IMF) is partnering with Dubai’s Ministry of Finance to co-host a fintech seminar during the 5th World Government Summit that will take place in Dubai between February 12-14, 2017.  Blockchain technology will be a key discussion point during this panel —… Read More

Just in from Dubai: UAE Remittance App NOW Money Wins IBM SmartCamp, Next Stop LAUNCH Festival 2017

NOW Money (NOW), the new remittance app for the unbanked population of the UAE, has won IBM’s SmartCamp competition in Dubai. The competition which took place at the Google Tech Incubator Astrolabs invites early-stage start-up businesses to pitch and win a place at the World’s largest… Read More

Eureeca Funds First Dutch Investment Crowdfunding Deal

Global investment crowdfunding platform Eureeca has funded its first Dutch company. Adtech firm Cabture has raised €212,051 from 44 investors from eight different countries after 64 days of campaigning and pitching via Eureeca. The Cabture crowdfunding offer is still open as it has shifted into over-funding mode…. Read More

First: Eureeca Receives Equity Crowdfunding License from Dubai Financial Services Authority

Eureeca has become the first equity crowdfunding platform to be officially licensed by the Dubai Financial Services Authority (DFSA).  Eureeca is a multi-regulated platform, having already received regulatory approval from from the Financial Conduct Authority in the UK and the Securities Commission Malaysia in 2015…. Read More

Eureeca Self Crowdfunding Round is a Turning Point for Business

Dubai-based Eureeca has released a statement following their successful self-crowdfunding round where they raised $400,000 in 12 days. Sam Quawasmi, co-CEO and co-founder, called the event an important one for platform growth.  Today Eureeca has over 12,000 active investors from 42 different countries. “This year has… Read More

Eureeca Easily Closes Self-Crowdfunding Round: 100% Funded

Eureeca closed its self-crowdfunding round this weekend early – 100% funded. The offer closed after just 12 days of being available online. The securities offer was over 60% funded on day one Based in Dubai, Euereeca has bigger ambitions having received FCA approval in the… Read More

Global Platform Eureeca Updates on AIG Crowdfunding Insurance & Plans for International Expansion

Eureeca is the very first investment crowdfunding platform to set up shop in the Middle East. The home office in Dubai has been complimented with offices in both London and Kuala Lumpur.  Eureeca is a truly global platform seeking to help smaller companies raise capital in… Read More

Beehive Celebrates One Year of Peer to Peer Lending

Dubai-based Beehive, a marketplace/P2P lending platform has celebrated it’s one year anniversary this week.  In September 2015, Beehive pioneered a global first by becoming the first independently certified Sharia compliant P2P platform.  With its Sharia-compliant offering, Beehive supports Dubai’s strategy to become the capital of the… Read More

Know Your Customer: Veridu Provides User Verification to Real Estate Crowdfunding Platform Durise

Veridu, a user verification service, has signed on Durise as its newest customer.  Durise is a new real estate crowdfunding platform based in Dubai, that targets opportunities across the Middle East. Durise, enables many individuals to purchase a small percentage of a property thus making… Read More

P2P Lender Beehive Aided by Clyde & Co’s Islamic Finance Team with Sharia Certification

Clyde & Co, an international law firm operating mainly in the MENA region, states it has advised Beehive on its Sharia certification.  Beehive announced the receipt of its certification earlier this week. The peer to peer lending platform received approval by the Shariyah Review Bureau (SRB). The certification… Read More

Tossed Healthy Eating Celebrates 10th Birthday with £750,000 Equity Crowdfunding Campaign

Tossed, a unique dining establishment that delivers healthy and tasty cuisine, is celebrating its 10th birthday this year. As part of their hard earned success, Tossed is allowing its fans to share in its success with an equity crowdfunding campaign on Seedrs. The company is… Read More

Eureeca Receives Securities Commission Approval in Malaysia. Will Launch Southeast Asia Equity Crowdfunding Hub

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

Eureeca Announces First UK Business to Raise Capital on Dubai based Crowdfunding Platform

Dubai based investment crowdfunding platform Eureeca received FCA approval this past March.  Now the funding portal is announcing the first UK company to raise capital for domestic growth and expansion into Dubai and other markets marking the first time a business outside the Middle East… Read More

WeziWezi Claims Most Funded Campaign on Eureeca Crowdfunding Platform

Jordan based WeziWezi has claimed the most funded status on investment crowdfunding platform Eureeca.  The Arabic language “social entertainment platform” raised $242,957 from 35 investors.  The projected topped the second highest funding amount on Eureeca by over $80,000. WeziWezi sold 6.25% equity in the young… Read More

Eureeca Receives FCA Approval in “Landmark” Event for Dubai Based Crowdfunding Platform

The Financial Conduct Authority has approved the application of Dubai based Eureeca and is now regulated under UK rules.  Eureeca is a leading investment crowdfunding platform in the Middle East.  According to Eureeca, the funding portal is seeking to assist UK based SMEs looking to enter… Read More

Dubai based Beehive Launches Invoice Financing for All SMEs

The UAE’s leading peer to peer lending platform, Beehive, has launched a new funding service to assist SME’s in the region.  Invoice Financing is now available to ease cashflow issues for small companies. Beehive was launched in November 2014 by partners Craig Moore and Rick Pudner. Beehive facilitates… Read More

Real Estate Platform Durise Challenges Traditional Property Investment Market Through the Launch of its First Fundable Property

Real estate crowdfunding platform of GCC and Middle East, Durise, is launching its services online to all  investors in the region and also to those outside region who wish to invest in the market through crowdfunding. The platform’s current offering is one of Dubai’s most prestigious properties, Old… Read More

Eureeca Reportedly Proves a Point Through Efficient Crowdfunding

Eureeca has experienced one of the fastest periods of growth ever recorded in the crowdfunding world during its first year of inception. Through its innovative funding practices, the crowdfunding platform has lowered the barriers to entry giving greater opportunities for investors and businesses. All this has been… Read More