Tagged: australia

Australian’s SocietyOne Hits $200M in Applications, Targeting Bank Customers with Competitive Risk-based Pricing

Australia Flag

SocietyOne co-founder Matt Symons said yesterday there was a strong correlation between the lender’s $200 million in loan ­applications and traffic on the get­creditscore.com website — a partnership with the nation’s leading credit bureau, Veda, reported The Australian‘s Richard Gluyas. More than 75,000 people have used the… Read More

P2P Lender RateSetter To Offer Secured Personal Loans; Partners With Car Finance Broker Stratton

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Peer-to-peer lender RateSetter is now offering secured personal loans, and will focus on the automotive loan market to start with, according to Business Insider Australia. RateSetter has partnered with car finance broker Stratton, which is majority owned by Carsales.com.au. Carsales also holds a 20 percent equity… Read More

An Australian Misnomer: Crowd-Sourced Equity Funding

Australia

The Australian government has recently released a consultation paper seeking feedback on their proposed framework for “crowd-sourced equity funding” (CSEF). The “CSEF” label is inaccurate, and likely to confuse both investors and companies. Instead, Australia should be adopting the globally-accepted term “Equity Crowdfunding”. The term, crowd-sourced equity… Read More

Pozible Renews Partnership with Jack + Bill Offering Free Marketing for Crowdfunding Campaigns

jack + bill team

Porter Novelli’s PR offspring jack + bill is back again to partner-up with Pozible.  Last year the duo joined to promote three individual Aussie crowdfunding campaigns. “We’re pleased to say all three projects from 2014 achieved their crowdfunding targets, and we’re even more pleased that… Read More

Former Lending Club Exec Talks P2P Lending with Society One (Audio)

Mitchel Harad

Mitchel Harad, a former executive at Lending Club, recently joined the Aussie peer to peer lending platform Society One.  Harad, who has been described as the “architect” of Lending Club’s growth,  states he joined the marketplace lending platform at a very similar point in its development… Read More

Niederer: Proposed Australian Regulatory Framework for Crowdfunding is Wrong

Australian Crocodile

Paul Niederer, CEO of ASSOB – one of the very first investment crowdfunding platforms ever, has shared his opinion of the recently published a regulatory framework for crowdfunding in Australia and, in brief, he thinks it is wrong. Forest for the Trees Niedierer believes the… Read More

Thornbury’s 3 Ravens Launches Pozible Initiative to Create Brewery & Bar Co-Working Space “CoBrew”

3 Ravens 1

3 Ravens, a brewery located in Thornsbury, Australia, has recently launched a crowdfunding campaign on Pozible to raise funds for its new brewery & bar co-working space concept called CoBrew. The company shared: “Above one of Melbourne’s favourite craft breweries, 3 Ravens, lies a jewel… Read More

Australia’s Proposed Regulations for Equity Crowdfunding (Document)

Australia Flag

Below is the consultation paper released by the Australian government that explains the proposed framework to facilitate equity crowdfunding. The Aussie government is accepting feedback on the proposals presently with the deadline for submission being on August 31st. Australia has recognized that reducing regulatory burdens… Read More

Equitise Launches Equity Crowdfunding Offer for Dongfang Modern’s IPO on the ASX

Dongfang Modern on Equitise

In the fast changing world of equity crowdfunding Equitise, with offices in both New Zealand and Australia, is charting new territory with a “ground breaking” offer to partially crowdfund an initial public offering (IPO) on the Australian Stock Exchange (ASX).  This is another sign of the… Read More

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

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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

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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