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
Cryptocurrency crowdfunding experiment ends in disaster
Wildly successful DAO crowdsourced venture fund using Ethereum currency will now shut down. Read more: www.inc.com
Businesses are turning to crowdfunding for finance
Entrepreneurs and start-ups are increasingly turning to crowdfunding to raise funds. Alternative finance is now a global phenomenon, with $34billion raised. Read more: business-reporter.co.uk
France’s altfinance doubles – crowdfunding grows 40%
The French Crowdfunding Association (Financement Participatif France) released the 3rd edition of its annual industry Barometer. Read more: www.crowdfundinsider.com
Activehours pockets $22m for paycheck app
Consumer financing app Activehours has raised $22m in a new round of funding led by Martix Partners. Read more: www.fintechroundup.com
StartSomeGood partners with Impact Seed
Australian crowdfunding platform StartSomeGood has collaborated with non-profit social business Impact Seed. Read more: thetechportal.com
Crowdsurfer pulls in £1m for crowd financing data
Alternative finance intelligence service Crowdsurfer has picked up £1m in a new round of funding. Existing backer Mustard Seed led the investment. Read more: www.fintechroundup.com
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
Report: Majority of China P2P lenders could fail in 2017
The Chinese online lending market has also earned a reputation for fraud as many platforms operate with little regulatory oversight. Read more: www.crowdfundinsider.com
Credit bureau, FinTech firm partner on product for mortgages
Experian has introduced software to speed up the processing and approval of consumer mortgage applications. Read more: www.americanbanker.com