This week the news was dominated by President Trump’s latest controversial executive order. However, away for the political soap opera across the pond, it also turned out to be a significant week for crowdfunding both here in Britain and around the globe. One platform reached new heights, there was exciting news coming from emerging alternative finance markets and crowdfunding finally entered the feline world.
Without further ado, here’s your run down of the week’s most important crowdfunding news:
1.Our Co-Founder Luke Davis issued his call for the crowdfunding sector to scale up its support for SMEs in this article for SME Web
2. Zopa has topped £2 billion in lending! Find out more in Crowdfund Insider
3. As part of a new push for fintech development, Dubai Financial Services Authority opened a consultation on its upcoming framework for the development of a loan-based crowdfunding sector in the emirate
4. The Cambridge Centre for Alternative Finance released a paper charting the development of alternative finance in East Africa
5. LendInvest reacted to the Government’s modern industrial strategy, which expressed its ambition to spread crowdfunding to every corner of the nation
6. OFIXU – the Airbnb for workspaces – surpassed its fundraising target becoming the latest case of overfunding in the sector
7. A new equity and debt crowdfunding law went into effect in Belgium. See what it will mean here
8. A crowdfunding campaign was launched to promote the interests of those who voted for Britain to Remain in the European Union in last year’s referendum
9. The Director of CoInvestor gave his perspective on what 2017 will mean for crowdfunding. Take a look
10. A group of shoppers in Chester Gate has launched a crowdfunding campaign to erect a statue of Brutus “The Morrisons Cat” after his recent passing
Stay tuned for more crowdfunding news next week!