Tagged: fundraising

Standard Chartered Plc. Among Investors in $150 Million Fundraising Round for China’s Dianrong.com

Update on a $150 million fundraising round in progress: Chinese online lender Dianrong.com is raising funds in a round that values the startup at about $1 billion, according to people familiar with the matter, notes BloombergBusiness. Investors include Standard Chartered Plc, a British multinational banking and financial services… Read More

Crowdfunding Platform Hubbub Hits Over £405,000 During Final Days on Crowdcube

Seeking to expand its growing platform, university crowdfunding website Hubbub launched an equity campaign on Crowdcube to raise £250,000. In order to raise the funds, the company decided to offer 8.12% ownership for each backer. Not only did it raise the initial goal, the campaign finished… Read More

Chinese Taskforce Cracks Down Illegal Crowdfunding Campaigns

While entrepreneurs all over the world continue to use crowdfunding as a source to raise funds, the use of it in China has drawn some concerns. While it is known as the “online investment phenomenon” fundraising option has grown so quickly, that it is starting… Read More

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