Platform Update
Regulation
Trends
Real estate
Tokenized
Fractional Property Investment Platforms Expand Across Africa Amid Regulatory Developments
African proptech platforms such as Nawy Shares, PropCrowdy, and Fragvest are enabling fractional property investment, making real estate more accessible to smaller investors. The article details regulatory frameworks in Egypt, Nigeria, Kenya, and South Africa, highlighting recent laws and SEC actions. It also discusses the use of technology, including tokenization, and the importance of legal compliance for these platforms.
Regulation
Azerbaijan Sets State Duty for Crowdfunding Platform Management
Azerbaijan has approved a state duty related to the management of crowdfunding platforms. This regulatory measure establishes official fees for entities operating crowdfunding services in the country. The decision is part of ongoing efforts to formalize and regulate the crowdfunding sector.
Regulation
P2P lending
Kenya
Africa
Kenyan Court Bars Unlicensed Digital Lenders From Suing Borrowers for Debt Recovery
A Nairobi Small Claims Court has ruled that digital lenders without a Central Bank of Kenya license cannot use the courts to recover unpaid debts. The decision targets unregulated loan apps, stripping them of legal recourse and reinforcing the need for CBK licensing. The ruling is expected to reshape Kenya's digital lending sector and is being closely watched by regulators in other African countries.
Regulation
MENA
Oman Implements New Crowdfunding and Credit Rating Regulations
Oman has introduced new regulations governing crowdfunding and credit rating as part of a broader capital market reform. The changes aim to enhance transparency and investor protection in the financial sector. These rules are expected to impact both fundraising platforms and market participants operating in Oman.
Regulation
Debt
Philippine SEC Issues Sukuk Guidelines to Boost Shari’ah-Compliant Investments
The Philippine Securities and Exchange Commission has released new guidelines for the issuance and disclosure of Sukuk, aiming to expand the country's Islamic finance market. The framework details permissible structures, registration, and reporting requirements for Shari’ah-compliant securities. The move is intended to deepen capital markets and promote financial inclusion for faith-driven investors.
Regulation
Debt
Philippines SEC Issues New Guidelines for Sukuk to Expand Islamic Capital Market
The Philippine Securities and Exchange Commission has released new rules for the registration, issuance, and disclosure of Sukuk, enabling companies to access Shari’ah-compliant financing. The framework outlines permissible structures, reporting, and disclosure requirements for issuers. This move aims to deepen the country's Islamic finance ecosystem and broaden capital market inclusivity.
Regulation
Startups
Equity
Azerbaijan Enacts Comprehensive Crowdfunding Law to Regulate Equity and Debt Platforms
Azerbaijan has approved a new law establishing the legal and regulatory framework for equity and debt-based crowdfunding. The legislation sets requirements for platform operators, investor protections, and oversight by the Central Bank. It aims to expand alternative financing for startups and SMEs, and will take effect six months after publication.
Regulation
Azerbaijan Enacts Comprehensive Crowdfunding Regulation
Azerbaijan's President Ilham Aliyev has signed into law new regulations governing crowdfunding activities. The legislation sets requirements for platform operators, investor protections, campaign limits, and oversight by the Central Bank. The law covers both equity and debt crowdfunding and will take effect six months after publication.
Trends
Regulation
SME
P2P lending
Europe
ECSPR Regulation Standardizes and Strengthens P2P Lending Across Europe
The European Crowdfunding Service Providers Regulation (ECSPR) has unified licensing and oversight for P2P lending and crowdfunding platforms across the EU. Since November 2023, only ECSP-licensed platforms can operate, ending fragmented national regimes. The regulation introduces capital requirements, project caps, and standardized disclosures, aiming to enhance investor protection and market comparability.
Regulation
SME
Malaysia
Malaysia Launches Enhanced Co-Investment Scheme Leveraging Crowdfunding and P2P Platforms
Malaysia's Ministry of Investment, Trade and Industry and the Securities Commission have introduced a new Smart Manufacturing scheme under the NIMP CoSIF, increasing government co-investment ratios for SMEs and mid-tier companies. The scheme leverages equity crowdfunding and P2P lending platforms to facilitate capital access. Enhanced ratios will be available until 2030, aiming to accelerate digitalisation and growth.
