Tagged: equitise

Australian Digital Bank Startup Parpera Plans for $800,000 Funding Goal via Securities Offer on Equitise

Australia based Parpera, a Fintech firm that’s focused on developing a digital ​banking solution for business owners and freelance or gig economy workers, has opened shares for trading with Equitise, an equity crowdfunding platform. Established by former EY management consultant Daniel Cannizzaro, Parpera shares are… Read More

Birchal Publishes Update on Crowdfunding in Australia

Birchal, the top investment crowdfunding platform in Australia, has published a report updating on progress being made in Australia regarding “crowd sourced funding” (CSF) as it is called in Australia. According to Birchal, since the commencement of Australia’s CSF industry in 2018, over 80 Australian… Read More

Digital Bank Startup Parpera Preps for Securities Offer on Equitise

Prepara is the next aspiring digital bank to throw their hat in the Fintech ring. Not yet a regulated bank or authorized deposit-taking institution, Parpera is in the process of securing the necessary licences it requires for its products and services in Australia. In advance… Read More

Australia’s Neobank Xinja Bank Reaches $200 Million in Customer Deposits Less than a Month After it Launched

Australia-based digital bank Xinja has reached the $200 million mark in total customer deposits. The digital bank was launched less than a month back and it has already managed to accumulate the large sum of money via its popular Stash savings account. After only a… Read More

Australia: Birchal Takes the Lead in Investment Crowdfunding as Industry Expands

Australia enacted investment crowdfunding laws some time ago but the initial iteration was a bit of a no starter due to some glaring omissions by the Australian government. In late 2018, this changed when the parliament fixed the most pressing issue – the fact that“proprietary… Read More

Australian Beverage Brand SOFI Spritz Now Seeking A$400,000 Through Equitise Crowdfunding Round

SOFI Spritz, an Australia-based beverage brand, is now seeking A$400,000 (max A$1 million) through its new crowdfunding campaign on Equitise. The company previously raised $11,410 on funding platform Pozible. SOFI has also been on Shark Tank. SOFI is focused on new product development and marketing… Read More

In First 18 Months, Equity Crowdfunding Tops $30 Million in Australia

In 2018, investment crowdfunding rules were improved after years of debate and discussion between industry leaders and politicians. Frequently referred to as  “crowd-sourced funding” in Australia, in brief, the rules now allow for an issuer to raise up to $5 million in an online offering… Read More

Digital Bank Xinja Raises $2.6 Million on Equitise

Last week, digital bank Xinja closed its second crowdfunding round on Equitise having raised $2,589,781 from 1,568 investors. The round had set a top limit of The party isn’t over until the last Xinja sings 👩‍🎤👨‍🎤🎤(invests) 3⃣hrs to go peeps! Giddy up 🏇our crowdfund closes… Read More

Digital Bank Xinja Tops A$ 1.6 Million, Seeks Max Raise on Equitise of A$ 4,859,800

The UK and Europe and other jurisdictions are not alone in pursuing the digital banking revoluation. In Australia, Xinja is following in the footsteps of platforms like Revolut and Monza by raising growth capital on a crowdfunding platform. Several weeks into their public campaign on… Read More

Digital Challenger Bank Xinja Launches Second Equity Crowdfunding Campaign on Equitise & Quickly Tops $500,000 Funding Target

Australian digital bank Xinja has not only launched its second equity crowdfunding round on Equitise, but it also has already secured its initial $500,000 funding target. The launch of the latest funding round comes just one year after Xinja became the first retail equity crowdfunding offer in Australia… Read More

Digital Challenger Bank Xinja Receives Banking License, Preps to Return to Equitise for Second Crowdfunding Round

Merry Christmas, Xinja. In January of 2018, Xinja became the first retail equity crowdfunding offer in Australia following an update to rules. Xinja, a digital challenger bank, went on to raise $2.4 million in a solid “proof of concept” offering that was part of larger… Read More

Equitise Lists Largest Crowdfund Ever at $10 Million for Booktopia

Australia’s largest online book retailer Booktopia is seeking growth capital and they are raising the funding via an equity crowdfunding offer on Equitise. This is the first time Booktopia is pursuing outside capital. Launched in 2004, Booktotopia is an e-commerce site that sells at least… Read More

Australia’s Digital Currency Exchange Bit Trade Launches Equity Crowdfunding Round On Equitise

Bit Trade, an Australia-based digital currency exchange platform, announced last week the launch of its new equity crowdfunding campaign on Equitise, seeking $3 million for growth and expansion. Founded in 2013, Bit Trade claims it is Australia’s longest running cryptocurrency exchange and believes that investing in… Read More

FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming  in the new rules. For some obtuse reason, only unlisted public companies may crowdfund up to $5 million under current law. The vast majority of SME businesses in Australia are private companies thus… Read More

Game Changer: 7 Approved Platforms to Provide “Crowd-Sourced Funding” in Australia, Equitise Immediately Lists First Equity Crowdfund Offer

The Australian Securities and Investment Commission (ASIC) announced yesterday it had approved the licensing of the first seven “crowd-sourced funding” platforms. Due to a recent change in Australia’s security regulations, these investment crowdfunding platforms may allow businesses to raise up to $5 million – all… Read More

Equitise is Self Crowdfunding A$1.25 Million

Investment crowdfunding platform Equitise has launched a self-crowdfunding round on its own platform. Opened only for wholesale and sophisticated investors, during the next four weeks Equitise is seeking A$ 1.25 million for platform growth. The company states that A$250,000 is already being underwritten by an… Read More

VentureCrowd Calls Australian Crowdfunding Legislation a “Slow Motion Train Wreck”

While there has been some progress in the legislative odyssey of “Crowd-sourced equity funding”, as they call it down under, not everyone is pleased with the current results. VentureCrowd, a multi-class crowdfunding platform providing early stage, property and “crowd credit” finance, has labeled the process… Read More

Update: Aussie Social Platform Gather Online Acquires Secret Algorithm As Seedrs & Equitise Campaigns Surpasses £400,000 in Total Funding

Australia-based social discovery platform Gather Online announced on Friday it has acquired a new secret algorithm. This news comes just as the online portal surpassed £400,000 through its equity crowdfunding campaign on Seedrs and Equitise. The initiative was launched last month, seeking funding for growth and… Read More

Success: Aussie Platform Gather Online Overfunds on Seedrs

Gather Online, an Australia-based gather and share platform, has successfully secured its initial £245,000 funding target on equity crowdfunding platform, Seedrs. The website launched the initiative recently to raise the funds for expansion. As previously reported, Gather Online was launched in early 2015 and describes as a… Read More

Australian Platform Gather Online Seeks £245,000 Seedrs & Announces Upcoming Equitise Initiative

Gather Online, an Australia-based gather and share platform, has recently launched an equity crowdfunding campaign on Seedrs. The website is currently seeking £245,000 as it prepares to expand. Gather Online, which was launched in early 2015, describes itself as a social discovery platform that allows users to… Read More

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