News Briefing - Crowdfunding, SME And Alternative Finance

crowd in nightclub, seen from a DJ point of view

1.UK – AltFi

Investment platform Nutmeg raises capital via crowdfunding. Professional Adviser reports.


2. UK – SMEs

 

Another funding initiative. Peer2Peer Finance News reports.

3. UK – P2P

 

Funding Circle goes further down the institutional route.

4. US – AltFi

 

Newswire reports on young entrepreneur funding:

5. International – FinTech

 

Deal Street Asia reports:

 

“Indonesian peer-to-peer lending platform KoinWorks has raised 170 billion rupiah ($12.01 million) in an oversubscribed Series B round co-led by EV Growth Fund and Quona Capital. The financing was joined by the company’s existing investors, it said in a statement. Established in 2016 by co-founders Benedicto Haryono and Willy Arifin, KoinWorks’ online platform connects borrowers and lenders to provide financing for SMEs, who have largely remained underserved by traditional financial institutions. In addition to business financing and invoice financing, the startup provides borrowers with access to low-interest loans.”