FUNDING PLATFORMS

China-based CredEX Fintech says its mobile lending app’s total credit extended has exceeded CNY 30bn. Read more: www.bankingtech.com

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

Supplier financing company FnConn and marketplace lending platform Dianrong have announced the launch of Chained Finance. Read more: www.pymnts.com

Trillion Fund announced today that it was putting all assets on the auction block. Read more: www.crowdfundinsider.com

Seedrs released a service that provides investors the ability to access their internal rate of return (IRR). Read more: www.crowdfundinsider.com

The French Crowdfunding Association (Financement Participatif France) released the 3rd edition of its annual industry Barometer. Read more: www.crowdfundinsider.com

Indiegogo has introduced new payment options for its crowdfunding platform that will make it easier for backers to receive the support they needed. Read more: www.crowdfundinsider.com

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

Investment crowdfunding grew by 39% during 2016 reaching €63.8m. Still quite small in comparison to some other countries but solid growth none-the-less. Read more: www.crowdfundinsider.com

Alternative finance platform Crossflow Payments has landed an investment from Calibrate Management. Read more: www.fintechroundup.com