Tagged: australia

September 16, 2015 @ 10:06 am By JD Alois  |  

  Real estate crowdfunding platform Fundrise is going global.  While not surprising, Fundrise has taken a dramatic step in leveraging existing technology and investment opportunity to provide investor access in Australia, Canada and the United Kingdom. Fundrise is one of the leading online real estate… Read More

September 9, 2015 @ 4:39 pm By Samantha Hurst  |  

Happy Birthday, Harmoney! The peer-to-peer (P2P) platform celebrated a successful first year as a New Zealand’s operating P2P lender, achieving unprecedented growth, creating jobs in New Zealand, Australia and Fiji and is currently preparing to launch in Australia. Harmoney highlights: Facilitated $100 million of personal loans in less than 12 months… Read More

September 8, 2015 @ 12:30 pm By Samantha Hurst  |  

Australian equity-based crowdfunding platform, VentureCrowd, has appointed finance industry veteran Rob Nankivell to the role of CEO, and John Ottaway as General Manager of Property. The appointments come off the back of what VentureCrowd says has been solid growth this year, with the company’s expansion… Read More

September 2, 2015 @ 9:06 am By JD Alois  |  

Paul Niederer, CEO of ASSOB  – a trailblazing investment crowdfunding platform in Australia, makes a very valid point. Regulators are too rooted in the past and they are at risk of botching the future as the finance industry inevitably moves online. Australia is in the… Read More

August 20, 2015 @ 10:52 am By Erin Hobey  |  

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

August 20, 2015 @ 1:48 am By Midori Yoshimura  |  

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

August 17, 2015 @ 8:23 am By Will Mahon-Heap  |  

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

August 14, 2015 @ 11:50 am By JD Alois  |  

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

August 14, 2015 @ 10:05 am By JD Alois  |  

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

August 11, 2015 @ 8:47 am By JD Alois  |  

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

August 10, 2015 @ 12:46 pm By Samantha Hurst  |  

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

August 9, 2015 @ 3:02 pm By JD Alois  |  

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

August 9, 2015 @ 2:32 pm By JD Alois  |  

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

August 4, 2015 @ 1:29 pm By Erin Hobey  |  

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

August 4, 2015 @ 9:57 am By Samantha Hurst  |  

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

August 3, 2015 @ 11:44 am By Samantha Hurst  |  

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

July 24, 2015 @ 11:14 am By Samantha Hurst  |  

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

July 23, 2015 @ 10:12 am By Erin Hobey  |  

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

July 16, 2015 @ 10:58 am By Midori Yoshimura  |  

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

July 7, 2015 @ 12:01 pm By JD Alois  |  

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