Tagged: australia

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 with its more efficient and cost effective approach to matching… 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 between Kabbage and Kikka was described as a “significant expansion”… 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 first platforms to offer shares in the world.  Late last… 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 chance to access venture capital from sophisticated investors at an early… 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 to investors of all types.  The founders want to connect… 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 one of the largest fixed income investment management companies in… Read More

Flow Hive is Now the Most Funded Crowdfunding Project on Indiegogo Ever

Flow Hive Bee

Flow Hive, the beekeeping and honey making system that has captured the backing of thousands, is now the most funded campaign on Indiegogo of all time having raised about $5.3 million with over three weeks left on the offer. Ubuntu Edge raised $12.8 million for its smartphone but failed to achieve the $32 million goal.  The previous… Read More

Flow Hive Crowdfunding Tops Indiegogo for Largest International Campaign Ever

Flow 1

According to Indiegogo, the Flow Hive project is the new record holder for the largest internatial crowdfunding campaign ever on the global platform.  The Australian based project has raised an impressive $4.2 million in just 9 days.  Over 10,000 backers have committed funding so far.  This amount beats the previous amount by 92% – so it is… Read More

Update: Flow Hive Hits Over $3.5 Million in Four Days on Indiegogo

Flow 1

Continuing to be a huge success on crowdfunding giant, Indiegogo, unique beehive invention, Flow, has successfully raised $3,548,885 thanks to over 6,000 backers. As previously reported, Flow was created by father-son duo Cedar and Stuart Anderson and is considered a “revolutionary” beehive invention that allows its users to harvest honey without having to open the hive. It also… Read More

Tiny Headphone Amplifier Uamp Takes to Kickstarter With A Soul Shaking Mission

UAMP 5

On Tuesday (February 24th), Australia-based startup Uamp launched a crowdfunding campaign on Kickstarter to raise funds for its self-titled “soul shaking” headphones. Uamp is a tiny headphone amplifier that easily fits in the coin pocket of your jeans and works with all your music devices. Now for the first time you can conveniently enjoy Hi-End sound on your… Read More

Flow Hive Honey Creates Some Buzz on Indiegogo; Captures Over $1.9 Million in 24 Hours

Flow 2

On Sunday (February 22nd) Australian father-son duo Cedar and Stuart Anderson debuted their new project on global crowdfunding platform Indiegogo to raise $70,000 for their unique beehive invention, Flow. Within the first day, the campaign raised well over $1.9 million thanks to 5,000 backers. Flow is considered a “revolutionary” beehive invention that allows its users to… Read More

ThinCats Australia Enters P2P Lending Market, Targets SMEs

thincats

  The latest peer-to-peer lender to set up shop in the Australian market, ThinCats Australia has introduced something different to the model by using finance brokers as intermediaries. ThinCats Australia is a joint venture between local investors and ThinCats UK, which was established in 2011 and to date has loaned nearly £100 million. ThinCats is a specialist… Read More

Crowdfunding Mailbox: Root GP3D Printer, CarVi Driving Assistant & ExoDrive MicroSD Smartphone Case

Mailbox Featured 2.8.15

The three crowdfunding campaigns for this weeks Mailbox include Root GP3D, an affordable 3D printer; CarVi smartech to improve your driving (or at least monitor it) and ExoDrive a case that adds memory to your smartphone when you run low. There have been many 3D printers that have gone the crowdfunding route to raise funds… Read More

P2P Lender LendEx Adds Prominent Names to Advisory Board

Lendex

Australian peer to peer lender Lendex has added two prominent names to its advisory board. The P2P / P2B site has announced the appointment of both Robert Hines and Kim Jenkins. The move boosts insight and experience for the young funding platform. Jenkins is the former Managing Director & CEO of Experian Australia & New… Read More

RateSetter, Leading UK P2P Lender, Grows into Australian Market

Ratesetter Australia

  RateSetter, one of the UK’s largest peer-to-peer lending platform, recently began officially courting a new country’s market: Australia. In is first international expansion, the company launched into Australia in October 2014, and remains the “first and only company in Australia to provide peer-to-peer lending to retail savers and investors,” according to its Australian website…. Read More

Kiwi Platform Equitise Officially Launches. First Up Tourism Radio New Zealand

Tourism Radio New Zealand

Equitise, an equity crowdfunding platform, was ready to go live in Australia last year . In light of the regulatory environment “down-under” Equitise has since set up shop in New Zealand and they are now live with their very first investment offers. In a notice to followers Equitise shared their first investment opportunity is for Tourism Radio New Zealand… Read More

CFIA Initiates National Equity Crowdfunding Survey for Australia

crowdfunding institute of australia

The Crowdfunding Institute of Australia has launched a survey on equity crowdfunding to measure interest and awareness for the budding investment crowdfunding industry. The purpose of the survey is said to be to provide a nationally representative response to the Australian government’s recent discussion paper titled “Crowd-sourced Equity Funding”. The paper outlines three potential directions for equity crowdfunding in… Read More

Niederer: Unaccredited Equity Crowdfunding Needs to Have Light Touch Investor Regulation to be Successful

Cost of Excessive Regulations

Paul Niederer is not one to mince words. Having been around the block more than once, Niederer gives good advice.  When it comes to new forms of finance he speaks from experience, not just unhindered opinion.  The Australian Small Scale Offerings Board (ASSOB), a company that Niederer runs, has been in operation since “back in… Read More

Australian Crowdfunding Platform Pozible Wraps Up a Successful 2014

Fireworks Cannes France

It may not be in your mailbox, but Australia-based crowdfunding platform Pozible just posted a thank-you letter to the community, wrapping up a busy 2014. The company hosted more than 3,000 projects, raising AU$14,151,243—a 49 percent increase year on year. Of those 3,000-plus projects, Pozible’s Food and Drink and Social Enterprise categories grew more than… Read More

Paul Niederer on Crowdfunding Regulations: Regulators & Legislators Often Have No Expertise in Small Business & Startup Ecosystem

Paul Niederer Shares His Crowdfunding Wisdom

Paul Niederer, founder of the Australian Small Scale Offerings Board (ASSOB) and crowdfunding protagonist, has tackled the global regulatory regimes around the world as they attempt to create rules for the new forms of finance. Niederer criticizes most approaches stating: “The [regulatory] implementation balance to date tends to favour investor protection which is not unusual… Read More