Indian fintech startup Kiwi has announced raising $13 million in a Series A funding round anchored by Omidyar Network India. The round, which followed the startup’s $6 million funding, was also backed by existing investors Nexus Venture Partners and Stellaris Venture Partners. Founded in November… Read More
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a $75 million credit facility and $4.5 million pre-series A funding round. The debt financing was “provided by i80 Group an investment firm that specializes in… Read More
Earlier this week, Harmoney announced there has been an increase in Kiwi SMEs that are tapping into peer-to-peer (P2P) lending for business cashflow. The New Zealand online lender stated it estimates $100 million will be loaned to business accounts through its lending platform within the… Read More
On Wednesday, Kiwi-based crowdfunding platform Sportfunder announced it formed a partnership with Australian funding portal Pozible as it prepares to expand its Asia-Pacific region exposure. Sportfunder, which was founded in 2012 by Craig Williamson, is an international crowdfunding platform that is designed to specifically assist… Read More
In the first equity crowdfunding deal for Crowdcube NZ, an extension of Crowdcube UK, cloud software firm Collect Group seeks to raise funds for its marketing and loyalty software, according to New Zealand publication Stuff. Crowdcube NZ is being run in New Zealand by Wellington boutique investment bank Armillary Private… Read More
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
A New Zealand peer-to-peer lender recently dubbed the first P2P lender in the country to specialize in secured lending has delayed its launch, according to Interest.co.nz. The delay is due to the company, LendMe’s, planned talks aimed at forming an alliance with a New Zealand bank. LendMe founder… Read More
SellShed, a New Zealand-based social marketplace app, just hit its $250,000 crowdfunding target in less than four weeks, according to the company’s press release. Currently, 43 investors have pledged $377,600, with two days remaining in the campaign and a maximum possible investment of $1,000,000. Investment opportunities went… Read More
Harmoney, New Zealand’s first peer to peer lending platform, has raised $10 million in new funding to support the company’s growth. The decision to raise capital was said to be “in response to customer demand that has driven rapid month-on month growth since the launch… Read More
Equity crowdfunding has just been announced in the land of the Kiwi’s, but already companies are gearing up to use the innovative methodology of capital formation. Malborough based Renaissance Brewing has recently announced they are prepping to launch a campaign to raise capital with Auckland… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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