Invoice financing startup KredX secures $6.25m
Lending startup KredX has raised $6.25m in a Series A round led by Sequoia Capital India. The round also saw existing backer Prime Venture Partners participate. Read more: www.fintechroundup.com
GoFundMe passes $3bn milestone in crowd donations
Charitable crowdfunding platform GoFundMe is experiencing rapid growth and announcing that the total raised through the platform now exceeds $3bn. Read more: www.fintechroundup.com
How to fix the ‘Fix Crowdfunding Act’
Getting to understand the Fix Crowdfunding Bill. Read more: www.crowdfundinsider.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
Amazon Kickstarter knockoff reimagined
In 2015, a group of Amazon employees kicked around ideas for a Kickstarter-like crowdfunding site. Read more: uk.businessinsider.com
Santander UK forges alt-financing partnership with Crowdfunder
Banking giant Santander’s UK operation is partnering with alternative financing site Crowdfunder to provide £200,000 to community projects through the bank’s Changemaker Fund. 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
OurCrowd rakes in $72m for equity crowdfunding
Equity crowdfunding firm OurCrowd has raised $72m in Series C funding. The round’s investors are undisclosed. Read more: www.pehub.com
Private equity firm hands $105m to Indian lender Hero FinCorp
Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse. Read more: www.fintechroundup.com
DueCource pockets £6.25m for loans against invoices
UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital. Read more: www.fintechroundup.com