Tagged: australia

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

Australian MP Talks Importance of Crowdfunding

Paul Fletcher

Australian Member of Parliament and Secretary to the Minister for Communications Paul Fletcher published an interesting missive earlier this month on the importance of crowdfunding and why politicians should care.  Published in the Journal of Banking and Finance Law and Practice the statement is clear in his support of the new form of finance. Outside… Read More

Pozible Extends Open Residency Program into 2015

Pozible Open Residency

Pozible recently announced it is extending its Open Residency program into 2015.  In an update from Pozible co-founder Rick Chen, he stated they are opening up their office in Melbourne to anyone who is about to launch a crowdfunding campaign – free of charge. The Open Residency program was launched in early 2014 when the… Read More

Creator of Pozible-Success Sofi Spritz Talks Crowdfunding & Social Media With Bluewire Media

Sofi 4

Last spring, Sydney entrepreneur Tommy Maclean hit Australia-based crowdfunding platform Pozible with a new startup called Sofi Spritz. This company produced an all natural, All Australian take on the classic Italian spritz. During its run on the website, the project surpassed its initial goal of $10,000 and raised $11, 410 thanks to 133 backers. Now, Maclean… Read More

Aussie’s Bionic Runner Becomes Massive Hit on Kickstarter; Scores Over $120,000 in One Week

Biotic Runner 5

It may have started life in the back of a converted shipping container in far northern Queensland, but this week the Bionic Runner proved a hit on a global scale, with funders from Asia, the US and Europe, not-to-mention Australia, all jumping on board to fund this unique fitness trainer through global crowdfunding platform, Kickstarter…. Read More

Australia Financial System Inquiry Issues Final Report

Australia Currency Crowdfunding Quote

The Financial System Inquiry issued their final report earlier today.  The extended document has set out to establish a direction for the future of Australia’s financial system.  Not a small task. Expectations are the below document is a “blueprint” for the financial system down under.  This approach is not new, in fact there have been… Read More

Fat Hen is Australia’s Crowdfunded Venture Capital Company

Fat Hen

Australia recently encountered a bit of a regulatory stumble as CAMAC proposed rules for a new approach on investment crowdfunding that was widely denounced as “totally unworkable”.  One of the godfathers of equity crowdfunding himself, Paul Niederer, did not mince words as he lambasted regulators and politicians as “virtually non-existent”.  Following the trip to the… Read More

Aussie P2P Lender SocietyOne Closes Series B, Gets Backing from News Corp & Consolidated Press

societyone-co-founders

SocietyOne, described as Australia’s first and largest peer to peer lending platform, has announced a successful Series B funding round backed by a consortium of big name Australian investors including News Corp. Australia, Consolidated Press Holdings and Australian Capital Equity.  The big name investors include both Murdoch and Packer families.  At the time of writing… Read More