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CoAssets in Trouble, May Be Investigated by Regulators – Report

CoAssets, once an early entrant in the investment crowdfunding sector and previously traded on the ASX, the Fintech is now deep in trouble according to several reports. CoAssets started its existence as a crowdfunding platform and migrated to debt financing over time. In 2016, the… Read More

An Early Fintech to Publicly Trade Shares, CoAssets Delists from ASX, Announces New CEO

CoAssets, a Singapore based Fintech that listed its shares on the Australian Securities Exchange in 2016, has announced the delisting of its shares. According to a release by the company, CoAssets requested a voluntary delisting for the following reasons: Low shareholder numbers – The Company… Read More

CoAssets Reports 6 Month Results as Revenue & Net Income Increases

CoAssets (ASX: CA8), a Singapore based Fintech and investment platform that is listed on the Australian Stock Exchange, has reported 6-month results for their 2019 fiscal year (July 2018 to December 2019). Co-Assets states that top line revenue rose 536% to S$5,938,415 versus S$933,238 in… Read More

CoAssets Stirling Fort Absolute Return Fund Receives USD $25 Million from BMFA Group

CoAssets Limited (ASX: CA8), a Singapore based Fintech that focuses on providing funding solutions for small to medium‐sized enterprises (SMEs), has announced that their CoAssets Stirling Fort Absolute Return Fund Pte. Ltd (CASFAR) has entered into an agreement with BMFA Group to invest USD $35… Read More

Publicly Traded Crowdfunding Company CoAssets Issues Report on Annual Results: First Full Year of Profitable Operations

CoAssets Limited, a crowdfunding platform traded on the Australian Stock Exchange (ASX: CA8), has reported its financial results for the full year ended 30 June 2018. According to the company which is based in Singapore, CoAssets experienced its first full year of profitable operations representing… Read More

CoAssets Enters Into Sale & Purchase Agreement to Sell Interest in Fintech Pte Ltd.

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, announced it has entered into a conditional Sale and Purchase Agreement (SPA) to sell the 21.6% interest that it currently owns in Fintech Pte Ltd (FPL) as well as a further 5.4% interest to be acquired… Read More

CoAssets Signs Strategic Cooperation Agreement With EC Technology & Innovation

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, announced on Thursday it has signed a strategic cooperate agreement with EC Technology & Innovations Limited (ECTI), a wholly owned subsidiary of Shaing Economy International, Inc. (NASDAQ: SEII).  According to CoAssets, Sharing Economy International is currently… Read More

CoAssets Enters into Share Sale & Purchase Agreement with Hong Kong based Brighten Management Limited

CoAssets Limited (ASX: CA8), an online crowdfunding platform based in Singapore, has announced two items designed to fuel the company’s next phase of growth as it seeks to transform into an “online financial institution” and to create a more diversified credit landscape. CoAssets has entered… Read More

CoAssets Enters Into Share Sale & Purchase Agreement with Brighten Management & Embarks on S.M.A.R.T. Initiative

CoAssets Limited (ASX: CA8), a crowdfunding platform specializing in facilitating funding for real estate and small to medium-sized enterprises, announced on Thursday it has entered into a share sale and purchase agreement with Brigthen Management, Limited (BML), a member company of Styland Holdings Ltd (HK… Read More

CoAssets Reports Q4, Fiscal Year End Results

CoAssets Limited  (ASX: CA8), a crowdfunding platform specializing in facilitating funding for real estate and small to medium-sized enterprises, reported its financial results for the fourth quarter of fiscal year 2016, ended 30 June 2017. CoAssets said that Q4 was a break even quarter and… Read More

CoAssets Receives Capital Markets License from MAS

Crowdfunding platform CoAssets (ASX:CA8) has received a Capital Markets License (CMS) from the Monetary Authority of Singapore (MAS). CoAssets started as real estate crowdfunding platform but has since added SME financing to its operation. CoAssets is based in Singapore but is publicly traded on the… Read More

CoAssets Expands into Hong Kong with Fintech Pte Ltd Investment

ASEAN crowdfunding platform CoAssets (ASX: CA8) is pushing into Hong Kong as part of a growth and “internationalization strategy”. CoAssets announced a Memorandum of Understanding this past March. CoAssets announced it has entered into a Share Sale and Purchase Agreement (SPA) with the shareholders of Fintech Pte… Read More

CoAssets Signs MOU with Fintech Pte Ltd as it Expands into Hong Kong

CoAssets (ASX: CA8), a crowdfunding platform specializing in facilitating funding for real estate and SMEs, has signed a non‐binding Memorandum of Understanding (MOU) to invest in Fintech Pte Ltd, a Hong Kong-based Fintech company. Following due-diligence, the two companies expect to formally announce an investment… Read More

CoAssets Announces Board & Management Shakeup

CoAssets Limited (ASX: CA8), a crowdfunding platform specializing in facilitating funding for real estate and small to medium-sized enterprises, announced on Wednesday board and management changes as the company plans for its next phase of growth. According to CoAssets, Nicholas Ong will be stepping down as… Read More

CoAssets Announces RMB 1 Million Strategic Investment Fujian’s Da Xian Bing Internet Technology

CoAssets Limited, a Singapore-founded Fintech firm that is listed on the ASX (ASX: CA8), announced over the weekend it has invested RMB 1 Million (approx. A$194,000) in Fujian’s Da Xian Bing Internet Technology Ltd (“Da Xian Bing”).  The company stated that the investment, for 10% of Da… Read More

CoAssets Launches New Real Estate Subsidiary for Full Spectrum of Real Estate Services

CoAssets Limited, a Singapore-founded Fintech firm that is listed on the ASX (ASX:CA8), has launched a newly incorporated subsidiary, CoAssets Real Estate (Care) Pte Ltd. CoAssets described the new subsidiary as part of the company’s long-term growth strategy. The new CoAssets subsidiary will provide “a… Read More

CoAssets Partners with Linca Group on EPIC China Series

CoAssets Limited (ASX: CA8), a Singapore-based crowdfunding platform and even organizer, is partnering with the Linca Group, with the support of the Fuzhou district government, to bring their EPIC series to Fuzhou, China. Entitled “One Belt, One Road – Infinite Possibilities”, the Expo in Property, Investing and… Read More

CoAssets Appoints Tommy Teo As New Chief Financial Officer

Singapore-based crowdfunding platform CoAssets (ASX: CA8) announced on Tuesday it has appointed Tommy Teo as its new chief financial officer. Nick Bishop has stepped down from his role of chief financial officer at CoAssets, and will continue to assist with operations in Australia. CoAssets revealed that Teo is a Certified Practicing… Read More

CoAssets Announces Valiant Finance Agreement

Singapore-based crowdfunding platform CoAssets announced on Tuesday it has signed an agreement with Valiant Finance, an emerging Australian online broking platform for small businesses. As part of the agreement, CoAsset will be a lending partner on the Valiant platform, and will facilitate funding of loans of A$75,000 up… Read More

CoAssets Successfully Lists on Australia’s Securities Exchange

Singapore-based crowdfunding platform CoAssets announced on Monday it has officially listed on the Australian Securities Exchange Ltd (ASX). This news comes after the funding portal raised  S$6.72 million (A$6.55 million)1 under its Public Offer at an issue price of S$0.41 (A$0.40) per share. The company revealed… Read More

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