Funding Societies gets provisional CMS license
The license will allow Funding Societies to deal in securities for lending-based crowdfunding for all classes of investors in Singapore. Read more: www.fintechranking.com
LendingHome forms mortgage risk team, offers better protection
LendingHome, the largest mortgage marketplace lender, continues to instill investor confidence for investing in its high-quality, high-yield real estate assets. Read more: finance.yahoo.com
Cryptocurrency crowdfunding experiment ends in disaster
Wildly successful DAO crowdsourced venture fund using Ethereum currency will now shut down. Read more: www.inc.com
P2P lender Silver Bullion passes $14m in secured lending
The peer to peer lending platform based in Singapore is a secured lender that backs up each loan with gold or silver bullion. Read more: www.crowdfundinsider.com
Equity crowdfunding reinventing biotech
Building any company is hard, but building a biotech company is particularly hard. Read more: venturebeat.com
Bank of England seeks to innovate services via new FinTech Accelerator
The Bank of England announced the launch of a new Fintech Accelerator on 17 June looking to support businesses able to help it innovate central banking.
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
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
StartSomeGood partners with Impact Seed
Australian crowdfunding platform StartSomeGood has collaborated with non-profit social business Impact Seed. Read more: thetechportal.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