Tagged: pbc

China: WeiyangX Fintech Review

People’s Bank of China and the State Administration for Market Regulation Jointly Incorporate Fintech Products into the National Certification System To implement the policy of “pushing for the establishment of a management system based on government supervision and led by standards where corporate responsibilities are… Read More

China: WeiyangX Fintech Review

The People’s Bank of China Issues “China Rural Financial Services Report (2018)” On September 19th, the People’s Bank of China issued the “China Rural Financial Services Report (2018)” (hereinafter referred to as the “Report”). The report provides a detailed review of the development of China’s… Read More

China: WeiyangX Fintech Review

Insurtech Platform Shuidi Completes RMB 1 billion C Round of Financing led by Boyu Capital On June 12th, China’s leading Insurtech platform Shuidi (meaning waterdrop in English) was reported to secure RMB 1 billion in C round of financing. The investment was led by Boyu… Read More

China: WeiyangX Fintech Review

PBC to launch the second-generation credit rating system The People’s Bank of China (PBC) is going to launch the second-generation credit rating system from May 2019. PBC will start using the new system for inquiry purpose, with the two systems running concurrently. After data uploaded… Read More

China: WeiyangX Fintech Review

PBC Holds 2019 National Currency, Gold and Silver Work Conference On February 21, 2019, the 2019 National Currency, Gold and Silver Work Conference of the People’s Bank of China (PBC) was held in Xiamen, Fujian. The conference comprehensively summarized the achievements of the currency, gold… Read More

Official: China Will Continue to “Crush” Provision of Crypto Investing to Its Citizens

An official at the People’s Bank of China (PBC) tasked with regulating internet finance has reiterated the Chinese state’s determination to stop all ICO and crypto investing in the country, even solicitations to invest emanating from overseas, Coindesk reports. According to the the Chinese publication… Read More

Kickstarter Releases 2016 Public Benefit Corporation Statement

Nearly a year and a half after it became a public benefit corporation, crowdfunding platform Kickstarter released its 2016 public benefit corporation statement. A public benefit corporation is described as a corporation that performs a specific function for the benefit of the public. While sharing details about its… Read More

Saving the American Dream: Wefunder Becomes a Public Benefit Corporation

Wefunder, the leader to date in the Reg CF crowdfunding market, has become a Public Benefit Corporation (PBC). A Public Benefit Corporation is a corporate entity that has a legal obligation to benefit society. A PBC still embraces profit and growth but a PBC does… Read More

Brief: Kickstarter Donates to Four Organizations in the Name of a More Creative & Equitable World

Following the celebration of its seventh birthday, Kickstarter announced that it has donated funds to four charities as part of its mission to create a more creative and equitable world. The crowdfunding portal shared: “When we reincorporated as a Public Benefit Corporation in September of 2015 we… Read More

Yancey Strickler: “We’ve Always Approached Kickstarter From a Very Idealistic Perspective”

Earlier this fall, crowdfunding platform Kickstarter announced it became a public benefit corporation (PBC). This type of corporation performs a specific function for the benefit of the public. Now CEO and co-founder of the famous website, Yancey Strickler is ready to share details about the business’ change and… Read More

Kickstarter Inc. Reincorporates as a Public Benefit Corporation; Yancey Strickler Declares: “We Don’t Ever Want to Sell or Go Public”

Kickstarter Inc. Becomes Kickstarter PBC Over the weekend, crowdfunding platform, Kickstarter, announced that it has officially become a public benefit corporation (PBC). A public benefit corporation is described as a corporation that performs a specific function for the benefit of the public. The crowdfunding platform explained: “Kickstarter Inc is… Read More

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