Tagged: australia

February 2, 2015 @ 5:54 pm By JD Alois  |  

Australian peer to peer lender Lendex has added two prominent names to its advisory board. The P2P / P2B site has announced the appointment of both Robert Hines and Kim Jenkins. The move boosts insight and experience for the young funding platform. Jenkins is the… Read More

January 29, 2015 @ 10:15 pm By Midori Yoshimura  |  

  RateSetter, one of the UK’s largest peer-to-peer lending platform, recently began officially courting a new country’s market: Australia. In is first international expansion, the company launched into Australia in October 2014, and remains the “first and only company in Australia to provide peer-to-peer lending… Read More

January 29, 2015 @ 5:37 pm By JD Alois  |  

Equitise, an equity crowdfunding platform, was ready to go live in Australia last year . In light of the regulatory environment “down-under” Equitise has since set up shop in New Zealand and they are now live with their very first investment offers. In a notice to followers Equitise… Read More

January 26, 2015 @ 8:09 am By JD Alois  |  

The Crowdfunding Institute of Australia has launched a survey on equity crowdfunding to measure interest and awareness for the budding investment crowdfunding industry. The purpose of the survey is said to be to provide a nationally representative response to the Australian government’s recent discussion paper titled “Crowd-sourced Equity Funding”…. Read More

January 25, 2015 @ 10:56 pm By JD Alois  |  

Paul Niederer is not one to mince words. Having been around the block more than once, Niederer gives good advice.  When it comes to new forms of finance he speaks from experience, not just unhindered opinion.  The Australian Small Scale Offerings Board (ASSOB), a company… Read More

January 5, 2015 @ 7:06 pm By JD Alois  |  

Paul Niederer, founder of the Australian Small Scale Offerings Board (ASSOB) and crowdfunding protagonist, has tackled the global regulatory regimes around the world as they attempt to create rules for the new forms of finance. Niederer criticizes most approaches stating: “The [regulatory] implementation balance to… Read More

December 27, 2014 @ 7:45 am By JD Alois  |  

Australian Member of Parliament and Secretary to the Minister for Communications Paul Fletcher published an interesting missive earlier this month on the importance of crowdfunding and why politicians should care.  Published in the Journal of Banking and Finance Law and Practice the statement is clear… Read More

December 27, 2014 @ 5:42 am By JD Alois  |  

Pozible recently announced it is extending its Open Residency program into 2015.  In an update from Pozible co-founder Rick Chen, he stated they are opening up their office in Melbourne to anyone who is about to launch a crowdfunding campaign – free of charge. The… Read More

December 17, 2014 @ 2:53 pm By Samantha Hurst  |  

Last spring, Sydney entrepreneur Tommy Maclean hit Australia-based crowdfunding platform Pozible with a new startup called Sofi Spritz. This company produced an all natural, All Australian take on the classic Italian spritz. During its run on the website, the project surpassed its initial goal of $10,000… Read More

December 8, 2014 @ 3:04 pm By Samantha Hurst  |  

It may have started life in the back of a converted shipping container in far northern Queensland, but this week the Bionic Runner proved a hit on a global scale, with funders from Asia, the US and Europe, not-to-mention Australia, all jumping on board to… Read More

December 7, 2014 @ 10:46 pm By JD Alois  |  

The Financial System Inquiry issued their final report earlier today.  The extended document has set out to establish a direction for the future of Australia’s financial system.  Not a small task. Expectations are the below document is a “blueprint” for the financial system down under…. Read More

December 3, 2014 @ 11:59 pm By JD Alois  |  

Australia recently encountered a bit of a regulatory stumble as CAMAC proposed rules for a new approach on investment crowdfunding that was widely denounced as “totally unworkable”.  One of the godfathers of equity crowdfunding himself, Paul Niederer, did not mince words as he lambasted regulators… Read More

December 3, 2014 @ 10:46 pm By JD Alois  |  

SocietyOne, described as Australia’s first and largest peer to peer lending platform, has announced a successful Series B funding round backed by a consortium of big name Australian investors including News Corp. Australia, Consolidated Press Holdings and Australian Capital Equity.  The big name investors include… Read More

November 17, 2014 @ 11:59 pm By JD Alois  |  

Taxpayers Australia, a non-profit entity that promotes “fairer and more transparent taxation system for every Australian taxpayer” has published a cautionary note on individuals using crowdfunding and the potential tax liability that may be incurred. The advocacy group warns that the Tax Office has taken… Read More

November 7, 2014 @ 3:32 pm By Samantha Hurst  |  

Rapide 3D, who recently launched a crowdfunding campaign on  Indiegogo, has exceeded its funding goal by 1500% raising just over $203,000.  The company is offering savings of up to 60% on retail pricing to campaign contributors.  Available in 3 sizes, 200, 350 and 500mm printer is… Read More

November 4, 2014 @ 7:26 am By JD Alois  |  

Australia based Crowdfunding Platform Pozible Partners with China Government Office  to Connect Entrepreneurs with Capital, Manufacturing Support, Chinese Entity Setup and More. Pozible, an international crowdfunding platform based in Australia, has partnered with IDG Capital Partners and the Shanghai-Nanxiang government to award matching funds and other… Read More

October 31, 2014 @ 1:01 pm By Samantha Hurst  |  

In celebration of its first year in Australia and New Zealand, crowdfunding giant Kickstarter shared its favorite video game campaigns from the land down under. On Thursday (October 30th), Kickstarter’s Luke Crane took to the platform’s blog and wrote, “It’s been nearly a year since… Read More

October 21, 2014 @ 5:22 pm By Samantha Hurst  |  

Last month, CEO of Kickstarter, Yancy Strickler announced the exciting news that the crowdfunding giant would be opening its platform to Scandinavia and Ireland startups. Kickstarter’s team wrote, “We’re so excited to announce that Kickstarter is now available to creators in Denmark, Norway, Sweden and Ireland — four countries with amazing cultural histories and… Read More

October 10, 2014 @ 8:58 am By JD Alois  |  

Paul Niederer and his investment crowdfunding platform, The Australian Small Scale Offerings Board (ASSOB), started doing equity crowdfunding before the term was even coined.  The entire global crowdfunding industry has looked towards Australia for their experience garnered from years of actual practice.  ASSOB has raised… Read More

October 6, 2014 @ 10:04 am By JD Alois  |  

The Australian Tax Office (ATO) has told the Aussie parliament that rewards based crowdfunding campaigns, like those listed on Pozible, Kickstarter and Indiegogo, may be required to pony up taxes on rewards purchased by campaign backers.  This is a question that has surfaced not only… Read More