East Africa experiences crowdfunding boom as global growth continues
Kenya, Rwanda, Tanzania and Uganda are leading the crowdfunding boom in Africa, seeing growth rates of 112% to 312%.
Qover snares $25m Series B to accelerate global development
Brussels-headquartered InsurTech Qover has closed a $25m Series B funding round led by Prime Ventures.
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.
FrontFundr passes $500k crowdfunding target in three days
Canada-based crowdfunding platform FrontFundr has hit its own crowdsale target of $500,000, within three days.
Crypto firm Cobo scores $40m Series B to develop DeFi platform
Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.
P2Binvestor bags $17m in funding round made of equity and debt
Marketplace lending platform P2Binvestor has bagged $17m in its latest round which was comprised of both equity and debt.
The SEC opens up crowdfunding rules to help businesses survive COVID-19
As the coronavirus is continuously making the situation more dire for businesses, the Securities and Exchange Commission (SEC) has offered them a potential lifeline by providing temporary, conditional relief by easing the US’ crowdfunding rules.
iFunding pays out $150,000 to settle lawsuit
Real estate crowdfunding platform iFunding is paying $150,000 to settle a lawsuit brought against it by a shareholder.
Vivid Money bags $60m Series B to expand across Europe
Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.
Smash.gg bags $11m in Series A round
E-sports crowdfunding platform Smash.gg has reportedly received $11m in its Series A funding round.
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