Tagged: australia

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

June 30, 2015 @ 10:25 am By Samantha Hurst  |  

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

June 26, 2015 @ 9:26 am By Samantha Hurst  |  

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

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