Crowdfunding

Clinton-backed lending platform launches beta testing

By Henry Hughes

November 11, 2016

SourceFunding.org, a lending platform developed by the Global Social Enterprise Institute (GSEI) and entrepreneur Michael Short and backed by the Clinton Global Initiative, announced it is inviting participants ...

UK’s FCA fully licenses crowdfunding platform UK Bond Network

By Juana Wells

November 10, 2016

Bond crowdfunding platform UK Bond Network said on Wednesday it has obtained a license from the UK Financial Conduct Authority (FCA). Prior to getting fully licensed, the platform ...

Bank of Russia is working on setting up crowdfunding regulatory framework

By Juana Wells

November 10, 2016

The Central Bank of Russia (CBR) said on Wednesday has set up a working group for the development of a regulatory framework for crowdfunding regulation. ...

US crowdfunding platform uFundingPortal disappears

By Henry Hughes

November 10, 2016

The US crowdfunding platform uFundingPortal’s website has gone offline and has disappeared from the approved list of the US self-regulatory organization Financial Industry Regulatory Authority (FINRA), reports Crowdfund Insider. ...

Bitcoin P2P lender Bitbond gets BaFin license, will add EUR as base currency

By Henry Hughes

November 9, 2016

Bitbond, a Berlin-based bitcoin P2P lending platform recently announced it is the first such platform to obtain a license – from Germany’s financial regulator BaFin. “With our own ...

Lending Club secures $1.3 bln to be lent by National Bank of Canada, reports quarterly loss

By Henry Hughes

November 7, 2016

Lending Club, the largest alternative financing provider in the US, announced it has secured $1.3 billion to be lent through its platform by the National Bank of Canada ...

Switzerland to lighten up fintech regulation

By Henry Hughes

November 7, 2016

Switzerland is planning to lighten up the regulation for fintech companies providing disruptive services like crowdfunding and crowdlending, and lower the entry requirements. According to a document published ...

Malta mulls setting cap on project size, investment amount in equity crowdfunding

By Juana Wells

November 3, 2016

The Malta Financial Services Authority (MFSA) said on Thursday it considers introducing a cap on the maximum amount of financing obtained via a single round of equity-based crowdfunding, ...

LendingCrowd obtains full FCA authorization

By Henry Hughes

November 3, 2016

LendingCrowd, one of UK’s fastest growing P2P lending platforms, announced it has obtained full authorization from the country’s financial services regulator – the Financial Conduct Authority (FCA). It ...

Malaysia’s SC authorizes first P2P lending platforms in ASEAN area

By Juana Wells

November 3, 2016

The Securities Commossion (SC) of Malaysia said on Thursday it has registered six peer-to-peer (P2P) lending platforms – B2B FinPAL, Ethis Kapital, FundedByMe Malaysia, ManagePay Services, Modalku Ventures, ...

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