Tagged: equitise

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 ūüĎ©‚Äćūüé§ūüĎ®‚Äćūüé§ūüé§(invests) 3‚É£hrs to go peeps! Giddy up ūüŹáour 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

Fintech Australia Welcomes Approval of Crowdfunding Legislation

Fintech Australia lauded the Australian Parliament’s vote to support the Corporations Amendment (Crowd-Sourced Funding) Bill of 2016. The advocacy group said the approval of the equity crowdfunding law will provide a major avenue for companies to raise capital and create new jobs. Fintech Australia CEO… Read More

Equitise Pivot: Crowdfunding Portal Launches New Syndicate Platform to Connect VC’s & Angels with Retail Investors

Crowdfunding platform Equitise has launched a new ‚ÄúSyndicate‚ÄĚ platform to connect Australian VCs and Angel Investors with retail investors. The shift was described as a bit of a pivot for the Australian / New Zealand – funding platform. Equitise said it was frustrated by the… Read More

Here is Equitise’s Comment on the Australian Crowdfunding Legislation

Equitise is an investment crowdfunding platform set up to operate in New Zealand and Australia. While New Zealand created a bespoke regulatory regime to allow equity crowdfunding to evolve some time ago, Australia has struggled to enact new rules. This week, the Australian Senate published… Read More

H2Ocean Pushes Pause on Fintech Fund Listing on ASX

H2Ocean, the Fintech fund that expected to list shares on the ASX, has pushed pause in its public float as funding fell short of goal. ¬†In a letter to prospective investors, Ben and Toby Heap, creators of H2Ocean, explained their challenge; “As you may know,… Read More

Australia’s H2Ocean Receives Support From Various Financial Service & Technology Industry Figures

Following its official launch by Australia‚Äôs treasurer, Scott Morrison, H2Ocean Limited announced it received support from financial services figures, Link Group Chairman Michael¬†Carapiet and Perpetual Guardian founder Andrew Barnes. Other supporters include technology industry figures¬†Atlassian co-founder Mike Cannon-Brookes, AfterPay Executive Chairman Anthony Eisen, Ratesetter Australia… Read More

IPO: Equitise Lists H2Ocean Limited Offer on Crowdfunding Platform

Equitise’s¬†First Big Syndicated Transaction. H2Ocean Limited¬†is in the process of doing an initial public offering (IPO) in Australia. ¬†The shares are expected to list on the ASX this coming October. As part of the process, H2Ocean is offering shares via an offer on Equitise –… Read More

1Above Raises Capital on Equitise to Accelerate US Rollout

1Above, a travel well-being company, is raising capital via equity crowdfunding platform Equitise. The New Zealand based company has created an anti-jet lag concotion that apparently works quite well. We all know the detrimental effects of jet-lag that can undermine quick trips around the globe.¬†1Above… Read More

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