Tagged: australia

March 9, 2015 @ 10:08 pm By JD Alois  |  

The former Vice Chairman of PIMCO, Chris Burnham, has signed up to join the Advisory Board of peer to peer lender LendEx.  The Australian based direct lender offers loans to individuals and small business at “rates lower than those offered by the banks”. PIMCO is… Read More

March 9, 2015 @ 3:54 pm By JD Alois  |  

Flow Hive, the beekeeping and honey making system that has captured the backing of thousands, is now the most funded campaign on Indiegogo of all time having raised about $5.3 million with over three weeks left on the offer. Ubuntu Edge raised $12.8 million for its smartphone… Read More

March 2, 2015 @ 3:50 pm By JD Alois  |  

According to Indiegogo, the Flow Hive project is the new record holder for the largest internatial crowdfunding campaign ever on the global platform.  The Australian based project has raised an impressive $4.2 million in just 9 days.  Over 10,000 backers have committed funding so far.  This amount… Read More

February 27, 2015 @ 4:10 pm By Samantha Hurst  |  

Continuing to be a huge success on crowdfunding giant, Indiegogo, unique beehive invention, Flow, has successfully raised $3,548,885 thanks to over 6,000 backers. As previously reported, Flow was created by father-son duo Cedar and Stuart Anderson and is considered a “revolutionary” beehive invention that allows its users to… Read More

February 24, 2015 @ 12:00 pm By Samantha Hurst  |  

On Tuesday (February 24th), Australia-based startup Uamp launched a crowdfunding campaign on Kickstarter to raise funds for its self-titled “soul shaking” headphones. Uamp is a tiny headphone amplifier that easily fits in the coin pocket of your jeans and works with all your music devices. Now for the… Read More

February 23, 2015 @ 1:34 pm By Samantha Hurst  |  

On Sunday (February 22nd) Australian father-son duo Cedar and Stuart Anderson debuted their new project on global crowdfunding platform Indiegogo to raise $70,000 for their unique beehive invention, Flow. Within the first day, the campaign raised well over $1.9 million thanks to 5,000 backers. Flow is… Read More

February 10, 2015 @ 12:37 pm By Erin Hobey  |  

  The latest peer-to-peer lender to set up shop in the Australian market, ThinCats Australia has introduced something different to the model by using finance brokers as intermediaries. ThinCats Australia is a joint venture between local investors and ThinCats UK, which was established in 2011 and to… Read More

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