Tagged: singapore

July 15, 2016 @ 1:13 pm By Samantha Hurst  |  

Söderlund International, the company behind the Finland HUONE Hotel, is set to launch a crowdfunding campaign on Invesdor to raise a minimum of €500,000 (max €800,000) as it prepares to open an establishment in Singapore. HUONE, which is located in Helsinki, is dubbed as a meeting and events hotel, which… Read More

July 12, 2016 @ 8:32 pm By Brock Murray  |  

The Monetary Authority of Singapore (MAS) makes its move after public consultations to provide industry direction and safeguards for retail investors. Investment crowdfunding platforms that offer debt or equity opportunities will now have to obtain a license to operate. While many may dispute the pros… Read More

July 11, 2016 @ 9:12 am By Samantha Hurst  |  

Following the success of the third Expo for Property, Investing & Crowdfunding (EPIC) event in Singapore, crowdfunding platform CoAssets announced plans to host a stage inaugural EPIC event in Fuzhou, China. EPIC is described as a 1-day event that informs SMEs and startups on financing option and… Read More

July 4, 2016 @ 12:16 pm By JD Alois  |  

Collaboration and investment platform Fundnel is hosting the first Supply Chain Asia Hackathon Bootcamp in Singapore amidst a “manpower crunch.” The event is described as being in line with Singapore’s Smart Nation initiative designed to increase the adoption of technology in Supply and Logistics, one… Read More

July 2, 2016 @ 8:31 am By JD Alois  |  

According to a report by BBC, United Overseas Bank (UOB) based in Singapore has suspended real estate loans for property in the UK. The UK property market has been one of the hottest markets in the world for the past few years.  Asian investors from… Read More

June 29, 2016 @ 10:55 pm By JD Alois  |  

During a wide-ranging speech this week at the DBS Institutional Investor Symposium, Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore (MAS), made the statement; “As a progressive and innovative financial centre, Singapore has much to offer to global investors in opening the door… Read More

June 26, 2016 @ 11:23 pm By JD Alois  |  

Fundnel, a collaborative crowdfunding investment platform based in Singapore, has formed a partnership with the Business Angel Network Southeast Asia (BANSEA), to pool resources and boost deal flow.  BANSEA ONE, backed by BANSEA and Fundnel, will become a key investor in early stage companies in… Read More

June 22, 2016 @ 12:14 pm By Samantha Hurst  |  

Real estate crowdfunding platform CoAssets (NSX:CAX) announced on Wednesday that it has appointed Chew Siang Chee as its new CIO. Chee is known as winner of Asia’s Best Treasurer at the Corporate Treasurer Marquee Awards 2015 and has expertise in cross-border currency transactions. Chee, commented: “Prior to my… Read More

June 21, 2016 @ 8:21 am By Erin Hobey  |  

Singapore-based private investment firm Shanda Group led Chinese billionaire Tianqiao Chen reported that Chen has raised his stake again in online lending platform Lending Club Corp following the recent ouster of founder and Chief Executive Renaud Laplanche. According to Reuters, Chen increased his Lending Club shares… Read More

June 20, 2016 @ 12:37 pm By JD Alois  |  

  If there is one area of crowdfunding where we consistently hear about unfilled, robust demand, it is Asian money looking to invest in high-quality real estate beyond the borders of their native country. While some real estate markets may be getting a bit hot,… Read More

June 18, 2016 @ 3:42 pm By JD Alois  |  

The Singapore Fintech Consortium and the Fintech Center of Korea, have signed a memorandum of understanding (MOU) to work more closely in support of emerging technology in the financial sector. The Singapore group posted a brief statement on the arrangement; We are pleased to sign… Read More

June 16, 2016 @ 8:22 am By Samantha Hurst  |  

On Thursday, CoAssets announce that it is hosting the 2016 Expo for Property, Investing & Crowdfunding (EPIC) in Singapore next month. The crowdfunding event will take place on July 8th at the Singapore Marriott Tang Plaza Hotel. EPIC is described as a 1-day event that informs SMEs and startups on… Read More

June 14, 2016 @ 7:50 am By Karmei Tse  |  

This is interesting. The Monetary Authority of Singapore (MAS), a typically conservative government agency, has just released its proposal regarding raising capital online, including a guide on General Solicitation with examples for restricted and unrestricted platforms.  MAS has waved its digital wand over the private… Read More

June 10, 2016 @ 7:38 am By JD Alois  |  

This week the Monetary Authority of Singapore (MAS) revealed their approach to “securities crowdfunding” announcing that platforms may raise up to S$5 million (USD $3.7million) from both sophisticated and retail investors.  The approach is more in line with the UK than the US providing a… Read More

June 9, 2016 @ 7:48 am By JD Alois  |  

In February of 2015, the Monetary Authority of Singapore (MAS) published a consultation paper on facilitating investment crowdfunding.  Yesterday MAS published a “Response to Feedback Received” sharing their perspective on easing restrictions to raise capital online. MAS also publish a brief FAQ regarding proposals for… Read More

June 9, 2016 @ 7:20 am By Samantha Hurst  |  

On Wednesday (June 8), the Monetary Authority of Singapore (MAS) announced it is revamping the country’s crowdfunding industry by offering new ways for small and medium enterprises (SMEs) to gain access to funds through securities-based crowdfunding (SCF) platforms easier. MAS stated in a press release it… Read More

June 8, 2016 @ 9:51 am By Erly Witoyo  |  

The spirit of entrepreneurship has always been a part of Islam. Nine out of ten companions of Prophet Muhammad (pbuh) who were guaranteed heaven were businessmen. Today, entrepreneurs continue to be a driving force of the economy. The lack of financial support for small and… Read More

June 7, 2016 @ 1:55 pm By Erin Hobey  |  

The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a regulatory sandbox for fintech startups and pilot schemes, according to a release. The proposal aims to enable firms to experiment with new technology in an environment of relaxed rules and appropriate safeguards. The consultation will… Read More

June 2, 2016 @ 1:49 pm By Erin Hobey  |  

The Malaysian wedding and baby e-commerce platform, Nuren Group, today announced the public launch of its Crowdo Equity Crowdfunding (ECF) offer with a target amount of MYR200,000. Nuren notes that it is the first Venture Capital Quality ECF Offer in South East Asia.  Nuren also recently announced the completion… Read More

May 31, 2016 @ 2:42 pm By Erin Hobey  |  

The Swiss fintech provider for investment and pension solutions Leonteq AG (SIX: LEON), announced the launch of its Teqlabs innovation lab facility in Singapore’s Central Business District at Asia Square. The innovation lab will foster its fintech research and development to benefit of the financial services… Read More