We highlight the week’s top crowdfunding news from around the world that you may have missed. This week: an interview with pan-Asian platform Fundnel; a look at South Africa’s Thundafund; Indian sports star raising money from the crowd; and more.
- Fundnel Goes Big. Investment Crowdfunding Platform Provides Access to Capital for ASEAN SMEs | CrowdfundInsider
An in-depth interview with Fundnel, one of most ambitious crowdfunding platforms in Asia. “One of the key hurdles we have to overcome for a regional platform like ours would be regulatory issues and its always the first issue we tackle before we enter the market. Fundnel has gone to great lengths to ensure that our operations are always in accordance with regulations,” said cofounder Justin Chow.
- Crowdfunding is not for bills | TimesLive
A look at South Africa’s Thundafund, one of the most active platforms in the country. Related: a new South African platform, Change Lives Now, announced its launch earlier this week.
Five-time Olympian Shiva Keshavan on crowdfunding drive | The Times of India
Spurned by the sports ministers, India’s top luger, Shiva Keshavan, has turned the crowd to finance his career. It’s an important development, reflecting greater mainstream acceptance of crowdfunding in one of Asia’s crowdfunding hotspots.
- Crowdfunding platform catches on | The Straits Times
Another look at the Singapore-based Fundnel, as well as a glance at the greater crowdfunding market in the region, and how the macroeconomic environment may affect the industry in 2016.
- Rebus becomes largest crowdfunded failure | FT
Rebus, which raised £816,790 ($1,120,000) on Crowdcube last year, has become the biggest failure yet in UK’s equity crowdfunding market. Though failures like this can make investors jittery, they also underscore the need for understanding that not all startups will work out.
Check back next week for more crowdfunding news from around the world!