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
Spanish crowdfunding platform Arborius lands €1.3m
Spanish crowdfunding platform Arborius has closed a €1.3m investment round.
German investment crowdfunding grew 39% in 2016
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
Flender secures £500,000 on Seedrs
Social peer-to-peer (P2P) lending platform Flender has secured more than £500,000 in a equity crowdfunding campaign on Seedrs. Read more: www.fintechroundup.com
Crowdfunded Pebble will sell to Fitbit for just $40m
Crowdfunded smartwatch maker Pebble is being acquired by fitness tracker Fitbit for as little as $40m. In total the company raised more than $43m through crowdfunding. Read more: www.fintechroundup.com
FinTech Australia approves crowdfunding legislation
FinTech Australia lauded the Australian Parliament’s vote to support the Corporations Amendment Bill. Read more: www.crowdfundinsider.com
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
Canstar launches comparison portal WealthBricks
Start-ups are targeting this market with solutions that deliver advice, products and access to markets. The challenge, though, for start-ups and investors alike is discovering one another. Read more: www.finextra.com
GoFundMe has acquired CrowdRise, may extend to charities
GoFundMe may take a leaf out of its book and expand to introduce funding for charities and non-profit organizations to its platform. Read more: www.thetechportal.com
HitFox-backed FinTech builder FinLeap scores €21m financing round
German fintech company-builder FinLeap has picked up a €21m financing round from backers including HitFox, which launched the company back in December 2014.