Lendo secures $28m in Series B funding for Shariah-compliant crowdfunding
Lendo, a Saudi Arabia-based FinTech company specialising in Shariah-compliant debt crowdfunding, has successfully secured a substantial Series B funding of SAR 105m ($28 million).
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.
Nonprofit crowdfunding platform GiveGab acquires Kimbia
Online crowdfunding platform Kimbia has been acquired by Rand Capital-backed GiveGab.
The European Parliament comes to agreement on new crowdfunding rules
The European Parliament (EP) has achieved an agreement with the European Council on new EU-wide rules for crowdfunding.
InsurTech Hiro kicks off crowdfunding campaign on Seedrs
UK-based InsurTech startup Hiro is looking to top up its coffers by launching a crowdfunding campaign on Seedrs.
Crowdinvesting platform TRINE closes Series A on ?6m
Sweden-based solar energy crowdfunding platform TRINE has scored ?6m for its Series A, which was led by Gullsp?ng Invest.
Marlin Equity acquires non-profit fundraising app FrontStream
Marlin Equity Partners has acquired FrontStream, a non-profit fundraising and corporate giving software developer.
PolicyStreet bagged $1.8m in new Series A round
Malaysian InsurTech startup PolicyStreet has reported raised about $1.8m in a Series A round led by KK Fund.
Investing platform Freetrade to launch seventh crowdfund
Investment platform Freetrade is to launch its seventh crowdfunding campaign on 24th November, which will be open to UK and EU-based investors.
Zazu eyes ?150,000 to launch digital-only bank in Africa
Zazu is looking to raise ?150,000 through an equity crowdfunding campaign on Seedrs, as it prepares to launch its new digital-only bank in Africa.