Roll-out of mobile app prototype aimed at supporting women entrepreneurs in Ethiopia

The COVID-19 pandemic created a strong demand for businesses across the globe – micro, small and medium-sized enterprises. MSMEs remain the strongest drivers of economic development, innovation, and employment but run on smaller operational margins. Opportunities meant for women entrepreneurs lag behind that of men. This is evident in the Ethiopia Women Entrepreneurship Development Project … Read more

Update: @pizza Set to Close Crowdcube Round With Nearly £1.2 Million Raised

@Pizza, a UK-based pizza brand, is set to close its equity crowdfunding campaign on Crowdcube with nearly £1.2 million raised from more than 1300 Crowdcube investors. The funding round was launched last month and quickly secured its initial £820,000 funding target. As previously reported, @Pizza… Read More The post Update: @pizza Set to Close Crowdcube … Read more

PayPal Eyes Buying Crypto Firm BitGo, Others

PayPal is looking at acquisition possibilities for cryptocurrency companies, including bitcoin custodian BitGo, a report from Bloomberg says. The move would help PayPal boost its embrace of digital coins. The company recently announced that users can buy, sell and hold digital coins including bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, and also use … Read more

UK challenger Lanistar lands £15m from CEO’s family

Update 20/10/20: The original article previously stated that Lanistar’s funding came from London-based Milaya Capital. Since publication the source of funding has changed. Lanistar, a UK challenger bank hopeful, has landed £15 million in funding from family members of Lanistar’s CEO, Gurhan Kiziloz. The start-up says the new capital injection puts its valuation at £150 … Read more

Chinese regulator approves Hong Kong leg of Ant’s $30bn IPO

Ant Group has received approval from Chinese regulators for the Hong Kong leg of its $30 billion initial public offering (IPO). Three people with direct knowledge of the matter, tell The Financial Times (FT) that Ant was given clearance by the China Securities Regulatory Commission (CSRC) on 19 October. The company still needs approval from … Read more

Attorney Prominent in the Crowdfunding Sector is Target of SEC Enforcement Action

The Securities and Exchange Commission (SEC) issued a litigation release today alleging charges of microcap fraud that involved an attorney prominent in the US crowdfunding sector. According to the SEC complaint, Jillian Sidoti, affiliated with the law firm known as CrowdfundingLawyers.net, facilitated alleged fraudulent dumping… Read More The post Attorney Prominent in the Crowdfunding Sector … Read more

Oliver Gajda of the European Crowdfunding Network: An 8 Year Journey for Harmonized Crowdfunding Rules

Earlier this month, the European Union approved new crowdfunding rules, including a €5 million funding cap, that will apply to all member states finally creating a pan-European approach to online capital formation. Currently, the securities crowdfunding market in Europe struggles under bespoke national rules that… Read More The post Oliver Gajda of the European Crowdfunding … Read more