Tagged: singapore

August 4, 2015 @ 12:18 pm By JD Alois  |  

Scott Picken is based in South Africa but he clearly thinks big when considering the addressable market for his real estate crowdfunding platform Wealth Migrate. It is his opinion that banking, insurance, real estate – basically all aspects of finance –  will be revolutionized by… Read More

August 2, 2015 @ 7:13 pm By JD Alois  |  

Woomentum.Fund, a Singapore based crowdfunding platform, launched this weekend seeking to empower, and help fund, Asian based women led startups. Founded by Mouna Aouri Langendorf, Woomentum.Fund seeks to provide personalized support, and social boost, along with capital for female entrepreneurs. “Women entrepreneurs often find it hard… Read More

July 30, 2015 @ 11:28 am By Erin Hobey  |  

Startupbootcamp FinTech, a global accelerator focusing on financial innovation, hosted its first Demo Day in Singapore on 29 July for the top 11 FinTech teams selected out of 300 applications earlier this year. “Startupbootcamp FinTech is the first FinTech accelerator in Singapore and the only… Read More

July 28, 2015 @ 11:55 am By Erin Hobey  |  

The Monetary Authority of Singapore (MAS) has announced the formation of a new Fintech & Innovation Group (FTIG) to be headed up by former Citibank executive, Sopnendu Mohanty. Effective August 1, FTIG will be responsible for creating development strategies and regulatory policies around technology innovation… Read More

July 24, 2015 @ 2:23 pm By JD Alois  |  

New peer to peer lending platform Funding Societies has inked a partnership with Orangefield Trust to hold funds from lenders.  The collaboration is said to “provide lenders with greater confidence in engaging P2P lending platforms”. “We have taken steps to ensure there is no mishandling of… Read More

July 18, 2015 @ 8:09 am By JD Alois  |  

  CoAssets, Southeast Asia’s first real estate crowdfunding platform, held its second Expo for Property, Investing and Crowdfunding (EPIC) in Singapore this past week. Organizers state that attendance doubled over year prior as interest in real estate crowdfunding has soared.  Over 900 attendees participated in… Read More

July 14, 2015 @ 12:08 pm By Erin Hobey  |  

Singapore-based fintech company, fastacash, has announced today that it has raised US$15 million in Series B funding reported e27‘s Yon Heong Tung. The round was led by Rising Dragon Singapore and includes Life.SREDA, UVM 2 Venture Investments LP and Jungle Ventures. The Series B round brings fastacash’s total funding to US$23.5 million…. Read More

July 7, 2015 @ 12:01 pm By JD Alois  |  

Singapore based real estate crowdfunding platform CoAssets will publicly trade shares on NSX, an Australian stock exchange. This comes as CoAssets announces expanding its platform into Australia.  According to a report from the company, CoAssets, the first crowdfunding site for real estate projects in Southeast Asia, will… Read More

July 7, 2015 @ 8:05 am By JD Alois  |  

Singapore based Crowdonomic has Rebranded as Crowdo as it Expands Across Asia. Launched in 2012, Crowdo has announced they will launch two platforms before year end.  As part of their regional expansion plan, Crowdo intends to launch a peer to peer lending platform in Indonesia… Read More

June 26, 2015 @ 10:30 am By Midori Yoshimura  |  

  As the CEO and founder of PhoenixICT, a leading crowdfunding hub, HongSin Kwek is among the organizers of Crowdfunding Asia, the first conference of its type focused on the Asian markets. Crowdfunding Asia held its first event in Singapore in 2014, and this year’s upcoming events include conferences… Read More

June 25, 2015 @ 4:24 pm By JD Alois  |  

BankerBay, an online investment banking platform that connects qualified and vetted corporate deals with providers of capital around the world, announced today that it has raised over $2 million in seed funding. BankerBay was originally set up in Singapore but simultaneously announced corporate headquarters will now… Read More

June 17, 2015 @ 10:39 pm By JD Alois  |  

Djenee, a new company that has developed a “personal on-demand digital concierge service”, raised almost S$500,000 on the first day of equity crowdfunding on FundedByMe according to a company statement.  The platform called this funding round a “new standard for equity crowdfunding in Asia”. Djenee… Read More

June 2, 2015 @ 10:49 pm By Samantha Hurst  |  

In an attempt to gain full access in the top-secret Trans-Pacific Partnership (TPP) trade deal, the documentation leaking website, WikiLeaks, has launched a crowdfunding campaign on its own platform to raise $100,000 reward for the remaining chapters of the TPP. The TPP is a “proposed regional regulatory and investment treaty”…. Read More

May 30, 2015 @ 8:00 pm By JD Alois  |  

SolarPVExchange is the newest entry into the renewable energy crowdfunding space.  Launched on May 28th, the company just held its “Sunvest” launch party in Singapore this past week.  The platform is a crowdsource / crowdfunding hybrid and claims first in the region.  The site allows… Read More

May 27, 2015 @ 8:27 am By JD Alois  |  

Three crowdfunding platforms have come together in a strategic alliance to boost market dominance in Southeast Asia.  CoAssets, FundedByMe, and New Union each based in Singapore, specialize in different aspects of Crowdfunding. CoAssets is targeting the real estate vertical.  New Union is a debt based… Read More

May 14, 2015 @ 10:38 am By Erin Hobey  |  

The fintech accelerator Startupbootcamp FinTech Singapore has appointed Steven Tong as a new managing director.  Tong,  formerly of Infocomm Investments and the London-based accelerator, also welcomed three new team members from PwC Singapore, Pix Vine Capital and Jungle Ventures.  Tong  brings 15 years’ worth of experience working with financial technology companies… Read More

April 15, 2015 @ 9:03 am By Erin Hobey  |  

The Singapore-based peer-to-peer (P2P) lending platform Capital Match which targets Singapore SMEs obtain loans financed by individual investors has launched. The company stated that its are two-fold, to provide business borrowers with the next best interest rates after banks and to give investors access to an attractive yield… Read More

March 10, 2015 @ 2:38 am By Midori Yoshimura  |  

Whether you have an eye–or a nose–for good design, Sniffr, a new crowdfunding platform for Singapore designers, has just soft-launched, according to Channel NewsAsia. Founded by Otto Solutions, the platform offers aspiring designers a launch pad to share and showcase their designs, as well as solicit funding… Read More

March 2, 2015 @ 11:48 pm By JD Alois  |  

Singapore’s first true equity crowdfunding platform, FundedHere, launched today its platform to facilitate equity-based funding and venture debt for start-ups in the region from as low as S$5,000 (US$3,700). The new investment platform is viewed as a “springboard to fund projects in the region”. FundedHere… Read More

February 16, 2015 @ 12:13 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has released a document outlining the proposals to introduce investment crowdfunding in Singapore.  Comments are being accepted on the consultation paper until March 18th.  The widely expected publication is in recognition of the shift from traditional forms of finance… Read More