Tagged: norway

China: WeiyangX Fintech Review

Online Marketplace Lenders Banned from Lending to College Students in China On September 6th, Zhao Jianjun, deputy director of the Department of Finance at Ministry of Education, announced at a press conference that online marketplace lenders are banned from lending to college students in China…. Read More

Bridge to Asia: LATTICE80 Partners with Nordic Finance Innovation

      LATTICE80 and Nordic Finance Innovation (NFI) have announced a new partnership to “bridge Asia and the Nordic’s Fintech ecosystems.” LATTICE80 is the creation of Marvelstone Group, a private investment firm.  The two entities signed a Memorandum of Understanding (MOU) to seal the… Read More

Signicat Launches MobileID to Satisfy PSD2 Requirements

ID assurance provider Signicat, one of the largest identity assurance providers in the world, has launched MobileID, a mobile authentication product. In addition to offering financial service providers speedy onboarding and identity assurance using a number of digital identity plans, Signicat now also offers Strong Customer… Read More

Fintech Startup Tribe Receives Investment From BearingPoint

Norway-based fintech startup Tribe has reportedly received an investment from independent management and technology consultant, BearingPoint. According to Tribe, the new investment will bring it and BearingPoint together and the duo will enter into a long-term partnership to expand each of their service portfolios. Tribe describes itself… Read More

Invesdor Updates on Progress in Norway: Three Successful Funding Rounds & Three to Follow

Invesdor is reporting on progress in Norway.  The equity crowdfunding platform set up shop in Norway in February of 2016 becoming the first licensed platform to launch in the country.  All 3 Norwegian companies received investments from several countries notably from Finland, Sweden, and Germany…. Read More

Norway Skincare Brand Bad Norwegian Completes Invesdor Campaign With Over 1.4 Million Kr

Earlier this month, Norway-based skincare brand, Bad Norwegian closed its funding round on Invesdor and raised 1,457,850kr, reaching 292% of the initiative’s original target amount (500,000 kr). The company is considered the second ever equity crowdfunding success in Norway.  Bad Norwegian, which was founded in 2011, offers up… Read More

Invesdor Leverages Identity Tech to Fund Cloud Solutions Insurtech Company

Cloud Solutions, a Norwegian Insurtech company, recently raised equity capital on Invesdor’s crowdfunding platform. The offer was over-subscribed and the success is being attributed, in part, to the integration of Signicat technology. Finland-based Invesdor explains that due to equity crowdfunding regulation that mandated know your customer… Read More

Bad Norwegian Nears 750,000Kr During the Final Week on Invesdor

With less than week until its Invesdor crowdfunding campaign comes to an end, Norway-based skincare brand, Bad Norwegian has successfully secured its initial 500,000kr funding goal and is currently nearing 750,000kr. The company previously extended its initiative due to the fact that larger investors were not able to… Read More

Brief: Invesdor Takes Talents to Norway, Next Stop Denmark

Invesdor officially initiated its operations in Norway with a Norwegian-based equity offering, insurance sector software platform Cloud Insurance. The launch will officially be announced and the crowdfunding round will open at the TechLive! Financial Disruption event in Oslo today. “Until now, Norwegian companies have had no way to raise funds in… Read More

TrustBuddy Bankruptcy: Lenders to Pay 25% on Recovered Claims

TrustBuddy, a publicly traded peer to peer lending platform, filed for bankruptcy in October of 2015.  This event occurred soon after it was revealed that management had uncovered “suspected misconduct” regarding the operations of the firm. Once the announcement of financial irregularities hit, it was… Read More

Equity Crowdfunding Experience: Someone.io’s Experience on FundedByMe

After a 2-month campaign Someone.io closed it’s equity crowdfunding campaign on FundedByMe. By the end of the campaign 45 investors had purchased 12.8% of the company for €129,508. Following a team debriefing session, the group decided to share some of their findings. Someone.io feels that as… Read More

Brief: Trevian Expands Asset Management Operations to Norway

On Thursday, Finnish investment and asset management company, Trevian, announced that it is teaming up with H.I.G. as the company acquires a retail portfolio in Norway. This portfolio consists of 16 predominantly grocery store anchor retail assets. Trevian will act as a local asset management… Read More

Tilt Prepares For Global Launch By Announcing Rollouts in The Netherlands, Sweden, Denmark and Norway

This week, crowdfunding platform, Tilt, announced it is making the final preparations to launch globally starting in November by hitting five additional international markets by early 2016. Tilt, which was founded in 2012 by James Beshara and Khaled Hussein, recently placed a foothold in the European market… Read More

Kickstarter Opens For Five More European Countries

Continuing its global expansion, crowdfunding giant Kickstarter announced that it has opened shop for five European countries: Austria, Belgium, Italy, Luxembourg, and Switzerland. Kickstarter revealed on Tuesday: “We’re thrilled to announce that Kickstarter is now available to creators in five more European countries: Austria, Belgium,… Read More

Brief: Instagram for Kids Kuddle Opens Second Round of Funding on Fundable to Secure $1.3M

Kuddle, a Norwegian-based picture sharing app for kids, has opened a second equity crowdfunding campaign on Fundable to raise $1.3 million dollars to continue its global expansion. This new campaign comes nearly six months after its first initiative surfaced on the platform. As previously reported, Kuddle… Read More

¡Bienvenidos! Kickstarter Opens For Spanish Inventors

Earlier this week, crowdfunding giant Kickstarter announced that it was ready to open its doors to Spanish inventors that are looking to crowdfund for their projects. The platform revealed in its blog: “We’re so excited to announce that Kickstarter is now open to Spanish makers,… Read More

Bonjour! Kickstarter Announces Crowdfunding Services For French Inventors

On Monday, Kickstarter announced that it is ready to open its doors for inspired French inventors. The crowdfunding company stated: “We’re so excited to announce that Kickstarter is now open to French makers, innovators, filmmakers, chefs and creators of all types! French creators can start building… Read More

Guten Tag! Kickstarter’s Yancey Strickler Announces Crowdfunding Services For German Campaign Organizers

On Tuesday, Kickstarter announced that their campaign creation process is officially open to German project creators. Kickstarter’s Yancey Strickler wrote: Hallo Deutschland!   My name is Yancey, I’m the CEO of Kickstarter, and it’s my pleasure to welcome all of you to the Kickstarter community.  … Read More

Norway-Based Kuddle Announces New Fundable Campaign; Seeking to Raise $4.7M

Picture sharing app for kids, Kuddle, announced the launch of its crowdfunding campaign on Fundable. The Norwegian company revealed it is aiming to raise $7.4 million so that it may continue to expand. According to Reuters, Kuddle launched last August and allows parents to monitor… Read More

Dr. Rotem Shneor, Head of the Nordic Crowdfunding Alliance, Professor at University of Agder’s Centre for Entrepreneurship Aligns Innovators and Interrupters

The University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations in November. As readers may know, this is the largest study to date on crowdfunding, peer-to-peer lending and other forms of… Read More