1. UK – Equity
“Seedrs, a leading UK based crowdfunding platform, has launched its anticipated investment crowdfunding campaign. The offering, now open to all investors, is part of a larger £4.5 million funding round backed by institutions. Seedrs, the first approved crowdfunding platform to launch in the UK, has experienced over £400 million invested into campaigns since platform launch. About 900 deals have been funded and over 300,000 investments have been made. In brief, Seedrs is one of the most successful crowdfunding platforms in the world.”
2. UK – FinTech
“Starling Bank has added Nimbla, a digital insurance provider, to its SME marketplace to ensure that’s never the case.
Through Nimbla Starling business customers can hedge against the threat of unpaid invoices by purchasing insurance that covers either single or multiple invoices.
“Just like Starling, Nimbla is a great example of a business that is disrupting an old industry model to create products that are relevant to the way we do business today,” said Starling CEO and Founder Anne Boden.
“Nimbla is an excellent addition to our Marketplace that I’m proud to welcome into the fold.”
As well as insurance, Nimbla also offers a free credit-checking tool to help customers rate the financial risks of working with a new business partner or client.”
3. US – AltFi
“The ASCENT conference in New York City had all the elements desired for a good techevent. There were only a few tracks: The Main Event, VC & Investors Forum and Startup Grad School. The exhibition hall was manageable with table-top stands versus cumbersome booth displays, a dedicated area for 1:1 scheduled meetings and a jam-packed two days full of inspiration, tips and learning.
Many of today’s presentations focused on the application of technology and the future of work. Specifically, presentations highlighted critical thinking and decision-making required to assess how and when to pivot, how to best commercialize technology plus how to protect it, as well as how to ensure the privacy of its userbase. And, how recruiting, employee engagement (and disengagement) were changing and needed to change.”
4. International – P2P
“Dubai-based Beehive, the region’s first regulated peer-to-peer lending platform, has funded its first SME in Bahrain.
Funding has been ploughed into kingdom-based Mira Packaging Factory, which manufactures disposable cups and other food packaging solutions for the GCC and African F&B industry.
The company will use the cash injection to expand its output and diversify its product offering.”
5. International – FinTech
“Changing Zhao (CZ), CEO of Binance, one of the world’s largest cryptocurrency trading platforms, has confirmed on Twitter that the platform will begin accepting money transfers via Chinese payment giants WeChat and Alipay.”