Crowdfunding platform, Abundance, has launched the UK's first innovative finance individual savings accounts (IFISAs) for investors in crowd bonds; the investment offering follows an announcement from the UK Treasury that it will extend qualified investments in UK IFISAs to crowd bonds; platform offers bond investments from renewable energy companies; the company is able to offer the IFISAs because of its status as an investment-based crowdfunding platform. Source
The Central Bank of Russia has created a working group with experts from the country's crowdfunding platforms in order to develop a regulatory framework for the crowdfunding industry; the working group will develop regulatory proposals for submission to regulators during the regulatory framework development process; the Russian market appears to be taking a proactive approach as the industry is emerging with 500 million rubles (USD 7,748,755) in total liabilities. Source
Three years ago Monzo raised money from individuals via crowdfunding; the round funded £1m in just 96 seconds according to...
UK based stockbroker challenger Freetrade became the second fintech to knock crowdfunding site Crowdcube offline during a fundraising round; Monzo...
Crowdfunding site GoFundMe saw a 60 percent rise in campaigns over a four day period from March 20 to March...
AlphaFlow is a new company that is focusing on connecting investors to the real estate crowdfunding ecosystem. Ray Sturm, who...
Last year the U.S. House passed a crowdfunding bill (H.R. 2930 – Entrepreneur Access to Capital Act) but it has...
The EU is working on a license for crowdfunding and p2p platforms to operate across multiple countries across Europe; the aim is to simplify the work required in each specific country to operate; AltFi shares perspectives from multiple platforms in Europe on the plans for a license. Source
This morning Fundrise announced a Regulation A+ deal that has not yet been seen in the real estate crowdfunding industry. What’s...
Groundfloor is a real estate crowdfunding company that has historically focused on retail investors; yesterday the company announced a whole loan purchase agreement with Direct Access Capital (DAC); this is their first institutional partner; Groundfloor to date has facilitated $40 million on the platform and has raised $8.5 million in venture capital. Source