Crowdfunding

Seed accelerator Y Combinator has just announced its latest batch of startups. And there are some FinTech ventures that piqued our interest.

Employee-owned private equity house PIR Equities has taken just four months to hit a €275m hard cap close for its third flagship fund, after strong performance from its predecessor vehicles.

CrowdStreet, an online marketplace for real estate investing, has raised $12m in Series C funding within just one month.

The UK’s Financial Conduct Authority (FCA) has released the new rules for the peer-to-peer sector, in a bid to better protect investors while not hindering the ecosystem.

FundedByMe has received approval to become the first regulated crowdfunding platform in the United Arab Emirates.

Members of the European Crowdfunding Network have written an open letter to the member states of the European Council in support of a pan-EU regime for crowdfunding platforms.

Australia-based equity crowdfunding platform VentureCrowd has raised just under $1.5m in its own crowdfunding campaign, so far.

Indiegogo has partnered with Onfido, an identity verification provider, to prevent fraudsters from entering its crowdfunding platform.

Non-profit crowdfunding platform GiveGab has raised $1.5m in a venture funding round.

EveryAction, a software developer for non-profits and campaigns, has formed a partnership with private equity firm Insight Venture Partners.