Friday, September 18, 2020

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:

Spanish crowdfunding platform Arborius lands €1.3m

Spanish crowdfunding platform Arborius has closed a €1.3m investment round.

Wealthy provides a FinTech funding platform in India

Wealthy is an online investment service that makes it easy for everyone to invest like a pro. Read more:

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:

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:

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:

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:

Dubai opens up to crowdfunding, as part of FinTech push

Dubai International Financial Centre (DIFC) is preparing to license loan-based crowdfunding platforms for the first time. Read more:

FinTech Australia approves crowdfunding legislation

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

GoFundMe has acquired CrowdRise, may extend to charities

GoFundMe may take a leaf out of its book and expand to introduce funding for charities and non-profit organizations to its platform. Read more: