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
The OCC FinTech charter is a key first step
The technology transforming the financial sector is creating a historic opportunity to make financial services better and more accessible for all Americans. Read more: www.crowdfundinsider.com
China’s CredEX FinTech lending app surges past $4.3bn mark
China-based CredEX Fintech says its mobile lending app’s total credit extended has exceeded CNY 30bn. Read more: www.bankingtech.com
Crowdcube: first UK crowdfunding platform to raise £200m
On Monday, Crowdcube announced it was the first UK crowdfunding platform to raise £200m for more than 430 businesses. Read more: www.crowdfundinsider.com
SmartFunding nabs $490,000 for invoice financing
Singapore-based invoice financing firm SmartFunding has raised $490,000 in a seed funding round. The capital comes from FinTech Asia Group and Investorlend. Read more: www.fintechroundup.com
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.
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: www.prnewswire.com
India’s LenDenClub streamlines P2P lending platform
Fresh from its seed round,LenDenClub made good on its promise and has launched a new version of its P2P lending platform. Read More: www.crowdfundinsider.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
The turn to crowdfunding: it’s too expensive to die
A study from NerdWallet.com finds campaigns to raise money for funeral and burial expenses are the fastest-growing cause in crowdfunding. Read More: time.com