Tagged: australia

Australian Treasury Drafts New Guidelines for Crowdfunding; Opponents Share Insight

Map of Australia

The Australian federal government’s proposed expansion of access to crowdfunding for businesses falls short of the hoped-for system, according to Yahoo Finance.  New draft guidelines issued by the Australian Treasury include increasing the amount companies are allowed to raise through crowdfunding to AUS $5 million,… Read More

Australian Construction Software Company APE Mobile Secures $2M During Series A Funding Round Led By Jolimont Global & Viburnum Funds

APE Mobile 3

APE Mobile, an established Australian software company that has developed an innovative paperless site app for the Construction, Mining and Oil & Gas industries to enable greater efficiency in managing on-site documents on iPads and web devices, is pleased to announce the raising of $2 million in… Read More

Sydney’s Poor Toms Gin Makes An Appearance on New Series “The Cult of New” Following Pozible Project (Video)

Poor Toms Gin

Last week, Sydney brand Poor Toms Gin made its appearance on the new series The Cult of New.  The new craft gin distillery has opened in Sydney earlier this year and its first batch was snapped up on Australia’s crowdfunding platform, Pozible.  The young business raised $25,000 in one day. It… Read More

Australia’s Peer-to-Peer Lender SocietyOne Dubs Former Lending Club’s Vice President of Marketing Mitchel Harad Chief Marketing Officer

Mitchel Harad

SocietyOne, Australia’s peer-to-peer (P2P) lending platform, announced that Mitchel Harad has joined the company as Chief Marketing Officer (CMO). Harad was the Vice President of Marketing of Lending Club, a leading direct lender with headquarters in San Francisco. Leading Lending Club’s borrower marketing efforts over the… Read More

Capify: AUSvance Rebrands, Forms Partnership with Alibaba.com, Lends Capital to Australian SMEs

capify

Capify, formerly AUSvance, will serve as an international conglomerate provider of unsecured alternative finance solutions to SMEs. Capify,  powered by a proprietary technology and analytics platform, today announced its global rebrand aiming to become the most diverse, worldwide alternative SME financing platform. Headquartered in the… Read More

Crowdfunding Mailbox: mifold Mini Booster Seat, Wearsafe is a Wearable Panic Button & droPrinter for your Smartphone

Crowdfunding Mailbox Featured 7.19.15

For this week’s Crowdfunding Mailbox we have mifold the “grab & go” booster seat, Wearsafe wearable tech to alert others when you are in trouble and droPrinter for your smartphone. mifold is described as the “first real innovation in child car booster seats in over… Read More

Q&A: Estate Baron Co-Founder Moresh Kokane Talks Access To New Australian Financial Services License & Real Estate Crowdfunding

Melbourne Australia Skyline Estate Baron

Australia’s crowdfunding scene recently took the spotlight with the news that CoAssets, a Singapore-based real estate crowdfunding platform, would publicly trade shares on NSX, an Australian stock exchange. On the investment side, Aussie real estate crowdfunding platform Estate Baron has recently secured backing of note: from Benni Aroni, founder of WaterSun Homes… Read More

CoAssets Crowdfunding Platform to List on National Stock Exchange of Australia (NSX)

CoAssets Listed on NSX

Singapore based real estate crowdfunding platform CoAssets will publicly trade shares on NSX, an Australian stock exchange. This comes as CoAssets announces expanding its platform into Australia.  According to a report from the company, CoAssets, the first crowdfunding site for real estate projects in Southeast Asia, will… Read More

Sydney’s Poor Toms Gin Sells Out First Batch in One Day on Pozible

Poor Toms Gin

A new craft gin distillery has opened in Sydney and its first batch was snapped up on Australia’s crowdfunding platform, Pozible. Poor Toms Gin, Sydney’s only distillery dedicated purely to making gin, has just begun production in Marrickville. The young business raised $25,000 in one day. It… Read More

Brief: Powerhouse Wind Captures Half a Million Dollars on PledgeMe

Powerhouse Wind 1

Dunedin-based Powerhouse Wind closed its equity crowdfunding campaign on PledgeMe yesterday reaching $140,000 over its goal. The tech startup raised a total of $542,051, selling 19.4% of the company to 120 investors. Bill Currie, Powerhouse Wind’s director, revealed that he was happy with the successful raise: “We are delighted to… Read More

CROWDFUNDING & INTELLECTUAL PROPERTY LAW ROUNDTABLE – Sydney

Ever wondered how to secure your intellectual property assets?  Curious about how to gain finance or crowdfund for your business? This group is intended to provide must-know information about intellectual property law, crowdfunding and other legal aspects to protect and finance your venture. Whether you… Read More

ThinCats Australia On The Lookout For Strategic Investors, En Route To Potential IPO

sunil aranha

ThinCats Australia, among the latest peer-to-peer lenders to join the Australian market, is on the prowl for strategic investors as it prepares for a potential initial public offering, notes the Australian Financial Review. The FR writes, It’s understood ThinCats Australia, backed by UK-parent ThinCats, is in discussions with… Read More

Kickstarter Opens For Five More European Countries

Kickstarter 1

Continuing its global expansion, crowdfunding giant Kickstarter announced that it has opened shop for five European countries: Austria, Belgium, Italy, Luxembourg, and Switzerland. Kickstarter revealed on Tuesday: “We’re thrilled to announce that Kickstarter is now available to creators in five more European countries: Austria, Belgium,… Read More

Should You Raise Capital by Equity Crowdfunding? Paul Niederer Helps You Decide

Paul Niederer in Singapore

Founder and CEO of the Australian Small Scale Offerings Board (ASSOB) Paul Niederer has tackled a persistent question: Should you use equity crowdfunding to raise capital for your company?  Niederer has created a “fundability” diagram to help potential issuers decide whether to move forward –… Read More

Aussie Government Official Says Peer to Peer Lending Requires Greater Regulatory Oversight

Australia Map

Aussie MP and Assistant Treasurer Josh Frydenberg was quoted on new forms of finance this past week indicating peer to peer lending requires further regulatory oversight.  This is according to a report in Mortgage Business.  Frydenberg was quoted at the Stockbrokers Association of Australia Conference in Sydney… Read More

Denied Twice on Kickstarter, Blu Smartphone Attempts to Raise $1 Million on Indiegogo

Blu Wearable Smartphone

Perhaps the 3rd time is a charm. Blu Smartphone, a wearable, flexible phone concept out of Perth, Australia, launched a Kickstarter crowdfunding campaign to raise $600,000 AUD this past February. The idea of combining a watch and smartphone is not unique.  The design remains quite… Read More

Australian Med IT Company Global Kinetics Corporation Closes AUD$14.8M Capital Raising on OurCrowd

global kinetics corporation

Australian health technology company, Global Kinetics Corporation, has successfully raised AUD$14.8 million to rapidly progress the company’s global commercialization strategy for its lead Personal KinetiGraph (PKG) mobile health technology. Foundation investor Brandon Capital Partners has contributed further capital in the funding round. New investors include institutional investment… Read More

WikiLeaks Launches $100,000 Crowdfunding Campaign to Raise Bounty for Trans-Pacific Partnership Documents

WikiLeaks

In an attempt to gain full access in the top-secret Trans-Pacific Partnership (TPP) trade deal, the documentation leaking website, WikiLeaks, has launched a crowdfunding campaign on its own platform to raise $100,000 reward for the remaining chapters of the TPP. The TPP is a “proposed regional regulatory and investment treaty”…. Read More

Kickstarter Alum Pirate3D Forms Partnership With Australia’s Oceania Distribution

Handshake

Pirate3D announced a relationship with Digital3D, an Australian company based out of New South Wales that specializes in Digital Design products. Digital3D is now authorized as an Oceania distribution partner for Pirate3D, bringing Pirate3D products including the Buccaneer and the Pirate3D Printing Ecosystem, to resellers throughout… Read More

P2P Lender Harmoney Tops $50 Million in Loans

harmoney-borrows-investors-graphic

Harmoney, a peer to peer lending platform operating in New Zealand, has surpassed $50 million in loans via over $1.4 million in transactions according to a recent report.  Harmoney is quoted as claiming this makes their direct lending platform “the fastest growing peer-to-peer lending marketplace… Read More