Wednesday, March 29, 2017

Are overseas portals next in US equity crowdfunding?

Much excitement has been generated with the enactment of Regulation Crowdfunding (Reg CF) and the ability of non-accredited investors to invest in startup. Read more: www.crowdfundinsider.com

Akseleran launches as Indonesia’s first equity crowdfunding platform

Despite the market inclination towards charity crowdfunding, Akseleran remains optimistic of the business prospect. Read more: e27.co

Explanatory memo on Australian crowdfunding legislation

Here is the explanatory memorandum on the Australian crowdfunding legislation that is expected to soon become law. Read more: www.crowdfundinsider.com

FinTech Australia approves crowdfunding legislation

FinTech Australia lauded the Australian Parliament’s vote to support the Corporations Amendment Bill. Read more: www.crowdfundinsider.com

China’s CredEX FinTech lending app surges past $4.3bn mark

China-based CredEX Fintech says its mobile lending app’s total credit extended has exceeded CNY 30bn. Read more: www.bankingtech.com

Equity investment platform VentureFounders passes £40m

VentureFounders has had more than £40 million invested in campaigns presented on the platform since its launch at the end of 2014. Read more: thetechportal.com

Chinese FinTechs link supply chain financiers via blockchain

Supplier financing company FnConn and marketplace lending platform Dianrong have announced the launch of Chained Finance. Read more: www.pymnts.com

Trillion Fund P2P & crowdfunding platform up for sale

Trillion Fund announced today that it was putting all assets on the auction block. Read more: www.crowdfundinsider.com

Seedrs gives investors real time access to individual portfolio IRR

Seedrs released a service that provides investors the ability to access their internal rate of return (IRR). Read more: www.crowdfundinsider.com

France’s altfinance doubles – crowdfunding grows 40%

The French Crowdfunding Association (Financement Participatif France) released the 3rd edition of its annual industry Barometer. Read more: www.crowdfundinsider.com