Tagged: australia

Peer to Peer Lending to Hit $22 Billion in Australia by 2020

Rocket Escape Velocity

According to research by Morgan Stanley, peer to peer lending is set to rocket to $22 billion within the next 5 years in Australia.  This is a country with a population of just 24 million.  This highlights the collision path between traditional finance and disruptive… Read More

¡Bienvenidos! Kickstarter Opens For Spanish Inventors

Kickstarter Spain

Earlier this week, crowdfunding giant Kickstarter announced that it was ready to open its doors to Spanish inventors that are looking to crowdfund for their projects. The platform revealed in its blog: “We’re so excited to announce that Kickstarter is now open to Spanish makers,… Read More

OurCrowd Sets Australian Crowdfunding Record for Global Kinetics, Medical IT Startup

australia banknotes wallet

OurCrowd set a new Australian funding record, closing out a $1.5 million round of funding for Global Kinetics Corporation (GKC), an Australian medical IT company . To recap from an earlier post, GKC was established in 2007 to commercialize innovative technology developed by Professor Malcolm Horne, from the Florey… Read More

Equitise: Significant Barriers Remain in Australia for Equity Crowdfunding but New Budget Offers Hope

Australia Flag

Equitise is operating successfully in New Zealand but they remain hopeful for the future of investment crowdfunding in their native Australia.  While the Kiwi regulatory approach has rendered many fans, most Aussies regard their current regulatory approach as rather challenged. According to Equitise, there are… Read More

In Australia, New Tax Incentives For Startups, Specifically Around Crowdfunding

australia banknotes wallet

In Australia, startups recently received good news from Treasurer Joe Hockey: new tax incentives for startups, specifically around crowdfunding, also known as crowd-source equity funding (CSEF), notes Gizmodo Australia. The tax incentives are part of the new 2015-16 federal budget. Gizmodo notes, [AU] $7.8 million will be spent getting the… Read More

Bonjour! Kickstarter Announces Crowdfunding Services For French Inventors

Kickstarter France

On Monday, Kickstarter announced that it is ready to open its doors for inspired French inventors. The crowdfunding company stated: “We’re so excited to announce that Kickstarter is now open to French makers, innovators, filmmakers, chefs and creators of all types! French creators can start building… Read More

CrowdfundUP Closes First Real Estate Crowdfunding Offer in Australia

Beatrice St development

CrowdfundUP, a real estate crowdfunding platform, has closed the very first deal in Australia. The offer was for a $500,000 development project listed by Perth based developer Megara. The project will build eight, 2-level, residential units in Doubleview, Perth. Both wholesale and retail investors had… Read More

Guten Tag! Kickstarter’s Yancey Strickler Announces Crowdfunding Services For German Campaign Organizers

Germany Kickstarter

On Tuesday, Kickstarter announced that their campaign creation process is officially open to German project creators. Kickstarter’s Yancey Strickler wrote: Hallo Deutschland!   My name is Yancey, I’m the CEO of Kickstarter, and it’s my pleasure to welcome all of you to the Kickstarter community.  … Read More

UBER Who? Ingogo Looks to Set Australian Record for Equity Crowdfunding

Ingogo App

Ingogo, a mobile taxi booking and payment platform is looking to raise new capital and they are going big.  Ingogo is using VentureCrowd to raise up to $4 million to help establish its App as the preeminent transportation network in Australia.  The crowdfunding offer is part… Read More

Update: Flow Hive Vaults $10M During the Final Days on Indiegogo

Flow Hive Bees Break Indiegogo Record

With only six more days until its record-breaking Indiegogo campaign comes to an end, Australia’s Flow Hive has successfully raised over $10 million thanks to nearly 28,000 backers. As previously reported, Flow Hive was created by father-son duo Cedar and Stuart Anderson and is considered… Read More

Aussie Fintech Platform Stone & Chalk Appoints Alex Scandurra as CEO: Preps for June Launch

stone & chalk

New Sydney fintech hub Stone & Chalk has appointed Alex Scandurra as its CEO to lead the platform as it garners startup clients seeking to disrupt banking.  The London Business School MBA Scandurra was Head of Strategic Partnerships & Barclay’s Accelerator Program, which is powered by… Read More

Fintech Innovator Yodlee Interactive Touts Enviable Revenue Growth in Australia & NZ: Clients Include SocietyOne, CashDeck, Boomeringo, Moula

yodlee

Yodlee Interactive, a unit of Yodlee  which powers financial innovation by providing its APIs to developers, entrepreneurs and Fortune 500 innovators, announced its business has grown significantly in Australia and New Zealand in 2014. This traction demonstrates financial technology as a global burgeoning space, with businesses and… Read More

Global Kinetics, Australian Med IT Company, OurCrowd Campaign Nears End: Tech Improves Management of Parkinson’s Disease

global kenetics

OurCrowd has invested in Global Kinetics Corporation (GKC), an Australian medical IT company that has developed and is selling a proprietary tracking and analysis technology improving the management of Parkinson’s Disease (PD).  The campaign is set to close on 10 April, 2015. GKC was established in 2007 to commercialize innovative… Read More

Q-&-A: Estate Baron Co-founder Moresh Kokane Discusses Real Estate Crowdfunding in Australia

Real Estate Crowdfunding Australia Estate Baron

Australia’s real estate crowdfunding scene has been a hot topic in recent news, including the launch of real estate crowdfunding platform, CrowdfundUp, offering both debt and equity investment opportunities to investors of all types. But the Outback is also home to another online real estate… Read More

P2P Lender SocietyOne Hires Simon Schwarz as New COO as Firm Grows

SocietyOne Thinks Outside of the Box

Australia based peer to peer lending platform SocietyOne has added to its executive team with the appointment of new Chief Operating Officer Simon Schwarz. The new hire will help position the platform for further growth as the P2P lending industry continues to disrupt traditional banks… Read More

Kabbage Extends Reach into Australia with License Agreement by Kikka Capital

Kabbage Small Business

The lending environment is heating up in Australia with peer to peer lending platforms on the move. Now Kabbage, an online lender providing small business loans has announced a partnership with Kikka Capital to power its small business lending service commencing in May.  The collaboration… Read More

DirectMoney Peer to Peer Lender Will List Shares in Australia

DirectMoney

Peer to peer lending platform DirectMoney is said to be preparing to publicly trade shares on the Australian Securities Exchange (ASX) within the next eight weeks. If it successfully lists shares it will become the first platform to trade in Australia and one of the… Read More

VentureCrowd + Sydney Angels = Partners in Crowdfunding

sydney-angels-logo

Many in the crowdfunding world are abuzz with news about Australian startups–from Flow Hive, Indiegogo’s most funded crowdfunding project, to CrowdfundUp, Australia’s first real estate crowdfunding platform. And in today’s news, angel investor group Sydney Angels is partnering with equity-based crowdfunding platform VentureCrowd to offer more Australian startups the… Read More

CrowdfundUp: Australia’s First Real Estate Crowdfunding Platform

CrowdfundUp Team First Real Estate

Australia was early to the equity crowdfunding game with ASSOB but they are a bit late in real estate crowdfunding – that is until today. CrowdfundUp, a Perth based startup, has launchd Australia’s first real estate crowdfunding platform offering both debt and equity investment  opportunities… Read More

Former PIMCO Executive Joins Advisory Board of P2P Lender LendEx

Chris Burnham 2

The former Vice Chairman of PIMCO, Chris Burnham, has signed up to join the Advisory Board of peer to peer lender LendEx.  The Australian based direct lender offers loans to individuals and small business at “rates lower than those offered by the banks”. PIMCO is… Read More