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
iFunded scores pre-Series A for real estate crowdinvesting
Real estate crowdinvesting platform iFunded has raised a seven-figure pre-Series A round. Creathor Venture is the only named investor. Read more: www.fintechroundup.com
How to fix the ‘Fix Crowdfunding Act’
Getting to understand the Fix Crowdfunding Bill. Read more: www.crowdfundinsider.com
Is Kabbage buying out rival OnDeck?
Small business lender Kabbage announced earlier this month that it would begin selling over $525 million worth of loans to investors. Read more: www.crowdfundinsider.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
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
Crowdcube reveals 20% jump in investment since Brexit
Crowdcube has announced that it has seen a 20% increase in investment since the UK voted to leave the European Union. Read more: startups.co.uk
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
Behalf brings in $27m for small business purchasing power
New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
Could crowdfunding be the next big investment scandal?
The UK’s crowdfunding industry is one of the great success stories of the so-called FinTech (financial technology) sector. Read More: www.independent.co.uk