P2P Weekly: P2P to improve mortgage industry?

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Audrey White
12th October 2015

FCA Has Particular Interest in P2P Lending & Crowdfunding in Mortgage Sector, Crowdfund Insider

The Financial Conduct Authority has put out a call for information regarding the UK’s mortgage industry and has its eye on the peer-to-peer sector. The FCA states: ““We have a particular interest in the scope for newer types of funding models, such as peer-to-peer lending or crowdfunding, to overcome the constraints potentially imposed by other (more traditional) funding models.”

“Record Venture Capital Investment in UK Tech Sector over last 9 months,” London and Partners

“Altogether UK tech companies have raised more in the first nine months of 2015 than the $2.1 billion raised in the whole of 2014.”

“According to the recently launched IBM Global Location report, London brought in more foreign investment and created more jobs than any other city in Europe. In 2014, London attracted 235 foreign investment projects from companies relocating and expanding overseas.”

New Research Study: 7 Stats from 100,000 Crowdfunding Campaigns, Indiegogo Blog

Crowdfunding leader Indiegogo has compiled data based on more than 100,000 of its campaigns to provide advice for how platform users, and any crowdfunder, can improve their outcomes. Some key stats? Indiegogo recommends 30 campaigns, and it notes that campaigns raise 42 percent of their funds in the project’s first and last three days.

Obama Turns to Crowdfunding to Aid Fleeing Syrians, The New York Times

President Barack Obama and the United Nations hope crowdfunding can help raise funds needed for the UN to continue providing refugee services to Syrians. The Kickstarter campaign has raised about $1.5 million so far. It wouldn’t be the first time Americans responded to a federal call for funds: The White House’s Josh Miller noted that the public contributed $2.5 million to build a base for the Statue of Liberty in 1885.

International FinTech: Techstars Blooms In Tel Aviv & Cape Town, Forbes

Techstars, a Colorado-based startup accelerator, is looking to expand their entrepreneurial ecosystem in 2016, and they will be looking for promising enterprises in Cape Town, South Africa, and Tel-Aviv, Israel.

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