Tagged: australia

CoAssets 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

Taxi App Ingogo Sets Records On The Australian (Crowdfunding) Racetrack: Update

ingogo logo 2

Valuation Placed at $100 Million. You might not expect a taxi to win on the racetrack, but Australian taxi app Ingogo is setting records for making the (funding) rounds. The company, launched in 2011, just announced that it closed A$12 million in a new funding round through… Read More

Australia’s H2 Ventures Seeks to Raise A$10M to Launch 100 Early-Stage Fintech Startups

Australia Flag

Australia’s H2 Ventures, a newly-established fintech-focused digital design and investment firm, plans to raise a A$10 million war chest to fund the launch of 100 early-stage fintech startups over the next three years. The firm, set up by former AWI Ventures alumni Ben and Toby… Read More

Peer to Peer Lending to Hit $22 Billion in Australia by 2020

Rocket Escape Velocity

According to research by Morgan Stanley, peer to peer lending is set to rocket to $22 billion within the next 5 years in Australia.  This is a country with a population of just 24 million.  This highlights the collision path between traditional finance and disruptive… Read More

¡Bienvenidos! Kickstarter Opens For Spanish Inventors

Kickstarter Spain

Earlier this week, crowdfunding giant Kickstarter announced that it was ready to open its doors to Spanish inventors that are looking to crowdfund for their projects. The platform revealed in its blog: “We’re so excited to announce that Kickstarter is now open to Spanish makers,… Read More

OurCrowd Sets Australian Crowdfunding Record for Global Kinetics, Medical IT Startup

australia banknotes wallet

OurCrowd set a new Australian funding record, closing out a $1.5 million round of funding for Global Kinetics Corporation (GKC), an Australian medical IT company . To recap from an earlier post, GKC was established in 2007 to commercialize innovative technology developed by Professor Malcolm Horne, from the Florey… Read More

Equitise: Significant Barriers Remain in Australia for Equity Crowdfunding but New Budget Offers Hope

Australia Flag

Equitise is operating successfully in New Zealand but they remain hopeful for the future of investment crowdfunding in their native Australia.  While the Kiwi regulatory approach has rendered many fans, most Aussies regard their current regulatory approach as rather challenged. According to Equitise, there are… Read More

In Australia, New Tax Incentives For Startups, Specifically Around Crowdfunding

australia banknotes wallet

In Australia, startups recently received good news from Treasurer Joe Hockey: new tax incentives for startups, specifically around crowdfunding, also known as crowd-source equity funding (CSEF), notes Gizmodo Australia. The tax incentives are part of the new 2015-16 federal budget. Gizmodo notes, [AU] $7.8 million will be spent getting the… Read More