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
P2Binvestor picks up $7.7m for crowdfunding business lending
Business lending marketplace P2Binvestor (P2Bi) has raised $7.7m in a Series A1 round led by Rockies Venture Club (RVC). Read more: www.fintechroundup.com
Largest single day of giving in GoFundMe history
On this year's Giving Tuesday, GoFundMe campaigns raised more than $7.4 million, showing a 46% increase from 2015. Read more: www.prnewswire.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
Finnish crowdfunding act kicks in
Earlier this year the Finnish government announced its intent to update and improve the regulatory environment that governed investment crowdfunding. Read more: www.crowdfundinsider.com
Kapilendo pockets €7m for crowdfunding platform
German crowdfunding platform Kapilendo has raised €7m in a Series B round of funding led by a pension fund. Read more: www.fintechroundup.com
FreeAgent becomes first Seedr’s-backed company to IPO
Edinburgh-based accounting software provider FreeAgent has raised £10.7m in its listing on the London Alternative Investment Market (AIM). Read more: www.startups.co.uk
OurCrowd rakes in $72m for equity crowdfunding
Equity crowdfunding firm OurCrowd has raised $72m in Series C funding. The round’s investors are undisclosed. Read more: www.pehub.com
Regulation crowdfunding: What We See Day to Day
The new avenues of fundraising enabled by The JOBS Act will forever change the landscape of small business capital formation. 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