Tagged: australia

June 21, 2015 @ 10:38 pm By Midori Yoshimura  |  

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

June 16, 2015 @ 12:03 pm By Samantha Hurst  |  

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

June 8, 2015 @ 4:57 pm By JD Alois  |  

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

June 7, 2015 @ 2:25 pm By JD Alois  |  

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

June 5, 2015 @ 9:19 am By JD Alois  |  

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

June 3, 2015 @ 10:20 pm By JD Alois  |  

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

June 3, 2015 @ 10:37 am By Samantha Hurst  |  

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

June 2, 2015 @ 10:49 pm By Samantha Hurst  |  

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

June 1, 2015 @ 8:21 am By Samantha Hurst  |  

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

May 29, 2015 @ 9:19 am By JD Alois  |  

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

May 29, 2015 @ 12:54 am By Midori Yoshimura  |  

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

May 27, 2015 @ 2:37 pm By Erin Hobey  |  

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

May 23, 2015 @ 11:04 am By JD Alois  |  

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

May 20, 2015 @ 9:03 am By Samantha Hurst  |  

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

May 19, 2015 @ 12:32 pm By Erin Hobey  |  

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

May 14, 2015 @ 6:02 pm By JD Alois  |  

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

May 13, 2015 @ 2:23 am By Midori Yoshimura  |  

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

May 11, 2015 @ 11:10 am By Samantha Hurst  |  

On Monday, Kickstarter announced that it is ready to open its doors for inspired French inventors. The crowdfunding company stated: “We’re so excited to announce that Kickstarter is now open to French makers, innovators, filmmakers, chefs and creators of all types! French creators can start building… Read More

May 7, 2015 @ 12:05 pm By JD Alois  |  

CrowdfundUP, a real estate crowdfunding platform, has closed the very first deal in Australia. The offer was for a $500,000 development project listed by Perth based developer Megara. The project will build eight, 2-level, residential units in Doubleview, Perth. Both wholesale and retail investors had… Read More

April 28, 2015 @ 9:36 am By Samantha Hurst  |  

On Tuesday, Kickstarter announced that their campaign creation process is officially open to German project creators. Kickstarter’s Yancey Strickler wrote: Hallo Deutschland!   My name is Yancey, I’m the CEO of Kickstarter, and it’s my pleasure to welcome all of you to the Kickstarter community.  … Read More