Tagged: australia

TechSydney Raises Over $400,000 on Pozible & Named Biggest Ever Non-Profit Campaign on the Platform

TechSydney

This week, Pozible announced TechSydney has been dubbed its biggest non-profit campaign after it raised over $400,000 within two weeks. TechSydney is notably on a mission to make Sydney a top 10 tech ecosystem. It shared that while it seems as though the city’s tech… Read More

Renaissance Australia: 10 Australian Startups, Including Fintech & Cybersecurity, Join Tel-Aviv Accelerator Program

Australia 100 Dollars Money

Earlier this week, StartUpIsrael reported that 10 Australian startups from Fintech and cyber security are joining a Tel-Aviv accelerator program. Dave Sharma, Australia’s ambassador in Tel Aviv, told StartUpIsrael; “Australia is seeking to become a more innovative and entrepreneurial economy. We have been blessed with natural resources,… Read More

Equitise Updates on Australia, New Zealand Crowdfunding Progress

Equitise Australia New Zealand

Equitise is a “Trans-Tasman Investment Platform” providing access to capital and unique investment opportunities to investors in New Zealand and Australia. Founded in Australia in 2014 by Chris Gilbert, Jonny Wilkinson and Panche Gjorgjevski, the investment crowdfunding platform soon added Will Mahon-Heap as the executive to… Read More

Nura Breaks Kickstarter Aussie Record: Secures Over $1.2MAUD For Innovative Headphones

Nura 2

  Nura, an Australia-based startup, has officially broken Kickstarter’s Aussie record. The company launched a campaign on the crowdfunding portal back in May for its self-titled in-ear and over-ear design headphones. The previous Aussie record was held by Knog’s bike bell “Oi,” which raised $1 million AUD… Read More

OurCrowd Launches “Our Innovation Australia Fund”

Australia Money

Global investment crowdfunding platform OurCrowd has launched a new fund targeting the early stage sector in Australia. The fund, labeled “Our Innovation Australia Fund” is an  early stage venture capital limited partnership (ESVCLP) that will benefit from capital gains and tax programs associated with investing in… Read More

Singapore: “We are Fully Committed to Building Up the Fintech Ecosystem”

Singapore at Night

During a wide-ranging speech this week at the DBS Institutional Investor Symposium, Jacqueline Loh, Deputy Managing Director of the Monetary Authority of Singapore (MAS), made the statement; “As a progressive and innovative financial centre, Singapore has much to offer to global investors in opening the door… Read More

VentureCrowd Closes Clearstate’s Sydney Resident Property Deal After Securing $1M in Four Hours

Rob Nankivell

On Tuesday, Australia’s equity crowdfunding platform VentureCrowd announced the closing of Clearstate’s recent deal, which secured $1 million in four hours. The end-to-end property development company took to the funding portal to raise $900,000 for residential property development in Sydney. According to a press release provided… Read More

First “Peer to Peer” Bank Leaves Stealth Mode as it Raises $6 Million

Dinosaur Bank

“This is at the heart of reinventing the business model for financial services. It means challenging the existing models for investment management, marketing, pricing, sales and even customer support, to better align interests between the business and its customers. We want to ensure that we… Read More

Brief: Australian Lender Marketlend Nabs $1M in Round Led by Barlow and Szeszkowski

australia banknotes wallet

Australian online lender Marketlend announced that the platform raised $1 million investment in a round lead by fintech entrepreneur Jon Barlow and former KKR Director and Borland Capital founder Mati Szeszkowski, according to Reuters.  The lender will use the new windfall to further automate its technology systems and… Read More

Paul Niederer Appointed Wealth Migrate Australia CEO

Paul-Niederer asks questions

Paul Niederer, former CEO of ASSOB, has been appointed CEO of Wealth Migrate’ Australian agency. Wealth Migrate is a global real estate crowdfunding platform. Niederer is a well-known proponent of internet finance having traveled the world on behalf of ASSOB – an early pioneer of… Read More

Australian Crowdfunding Legislation May Be Top of the List After Elections

Australia Money

Expectations were high earlier this year as Australia appeared poised to enact legislation to improve the environment for investment crowdfunding to occur in a more liberalized environment. Yet the proposal by policy makers had come under pointed criticism.  Eventually the bill “lapsed at dissolution” in… Read More

CoAssets Expands: Opens Second Singapore Office

Getty Goh and Jeffrey Chi

On Tuesday, real estate crowdfunding platform CoAssets (NSX:CAX) announced it is expanding its operations by opening a second office in Singapore. This news comes just a couple months after the portal revealed details about its Australia expansion. Co-founder and CEO of CoAssets, Getty Goh, stated: “A series… Read More

Flow Hive Wins Australia Good Design Award for 2016

Flow Hive 1

Flow Hive, the most successful campaign ever on Indiegogo, has received the coveted Good Design Award for 2016. Quite an accomplishment for a project that hoped to raise just $70,000. Flow Hive closed on Indiegogo having raised $12,489,141 on April 20, 2015.  Backers number over 37,000 and is… Read More

Frost & Sullivan: AUS Ripe for Fintech Opportunities, Welcomes Biometric Security, Blockchain, AI ICT Companies

Sydney Australia

Frost & Sullivan views Australia’s development as a leader in Fintech innovation will require concerted effort from government agencies and established financial institutions and will involve partnerships and research collaboration between banks and startups, presenting many diverse and lucrative growth and development opportunities for ICT… Read More

Brief: CoAssets Announces “Risk-Free Crowdfunding” Program For Australian Investors

Canada UK US New Zealand  Australia

CoAssets (NSX:CAX), launched as a real estate crowdfunding platform in Singapore, announced on Monday its new risk-free crowdfunding that is available for Aussie investors. Following last month’s launch of the CoAssets Australia website in April 2016, CoAssets revealed it is offering new users the chance to trial… Read More

Harmoney Appoints David Flacks As Chair of the Board; Announces New Director

Neil Roberts

On Monday, New Zealand’s peer-to-peer lending platform Harmoney announced that it has appointed current director David Flacks as its chair of the board and Stuart McLean will join the board as a director. According to the website, Flacks was named an independent director of Harmoney’s board just two… Read More

Pozible Teams Up With Grill’d Local Matters For New Crowdfunding Campaign in Melbourne and Sydney

Pozible 2

This weekend, Australian crowdfunding portal Pozible announced that it has teamed up with Grill’d Local Matters once again for funding projects in Melbourne and Sydney.  The funding website revealed in a recent blog post: “In 2015, Grill’d Local Matters and Pozible teamed up to discover and… Read More

Sportswear Brand SKINS Pauses Crowdfunding on Seedrs & Equitise

Jamie Fuller

Growing sports brand SKINS has placed its equity crowdfunding campaign on pause as multiple, large investors have indicated their interest in gaining a “substantial shareholding” in the brand.  The Swiss company launched a £2 million crowdfunding round earlier this year using both Seedrs in the… Read More

G&C Mutual Bank & Maritime, Mining and Power Credit Union Invest in SocietyOne

societyone-co-founders

Australian peer to peer lending platform SocietyOne has completed another funding round that was revealed last month. This time SocietyOne raised $25 million in equity capital from traditional financial firms G&C Mutual Bank and the Maritime, Mining and Power Credit Union. The transaction was reported… Read More