Tuesday, December 1, 2020

Crowdo gets licence for P2P lending and equity crowdfunding

Crowdohas received its CMS licence from the MAS for securities crowdfunding to deliver both peer-to-peer and equity crowdfunding. Read more: www.dealstreetasia.com

Crowdfunded Pebble will sell to Fitbit for just $40m

Crowdfunded smartwatch maker Pebble is being acquired by fitness tracker Fitbit for as little as $40m. In total the company raised more than $43m through crowdfunding. Read more: www.fintechroundup.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

Singaporean crowdfunding platform raises $5m on ASX

Singaporean crowdfunding platform CoAssets has listed on the Australian Securities Exchange (ASX) raising $5m. Read more: www.techinasia.com

Indiegogo forms partnership with Riverwood Solutions

Indiegogo announced it teamed up with manufacturing and supply-chain advisory firm, Riverwood Solutions. Read more: www.crowdfundinsider.com

Asian B2B FinTechs raise top VC

B2B FinTechs across Asia secure the most venture capital for their solutions in eProcurement, logistics and SaaS. Read more: www.pymnts.com

Real Estate crowdfunding portal acquires Equity Brick

Texas-based real estate crowdfunding platform, MassVenture, announced on Monday that it has acquired funding portal, Equity Brick LLC. Read more: www.crowdfundinsider.com

Invoice financing startup KredX secures $6.25m

Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate. Read more: www.fintechroundup.com

Real estate crowdfunding marketplace hits $275m

Sharestates has originated $275 million in loans since the platform launched in 2015, making it one of the largest real estate crowdfunding platforms in regards to originations. Read more: www.prnewswire.com

Myanmar microfinance could see FinTech first

Blockchain technology could be coming to Myanmar, where a local company is hoping to become one of the first microfinance firms in the world to use a blockchain-based core banking system. Read more: www.mmtimes.com