Tagged: new zealand

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

New Zealand Whisky Collection Hits NZ$500,000 PledgeMe Goal & Seeks Overfunding

The Oamaru based New Zealand Whisky Collection has surpassed its equity PledgeMe crowdfunding campaign goal of NZ$500,000 last Wednesday from 212 investors. New Zealand Whisky has now extended its equity crowdfunding campaign until 17 December to meet investor demand; just over NZ$565,300 has been secured at this… Read More

Wirecard Expansion: Bring Digital Fintech Platform Services to Australia & New Zealand

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is bringing its digital fintech platform to Australia and New Zealand. Wirecard reported its platform is now available in New Zealand for e-commerce services and Australia for omnichannel solutions. As part of… Read More

UK’s GoCardless Announces New Zealand Expansion

UK-based payments platform GoCardless announced earlier this week it was launching its GoCardless for Xero in New Zealand. According to GoCardless, the new launch means users can automate payment collections and reconciliation against invoices in New Zealand dollars between GoCardless and Xero. The company wrote… Read More

New Zealand: Snowball Effect Updates on Progress

Kiwi investment crowdfunding platform Snowball Effect has shared their annual update and according to the investment platform – it has been a banner year. Snowball Effect reports that it has raised more capital than any previous year and continues to grow steadily. Snowball Effect believes… Read More

PledgeMe Completes Crowdfunding Round With More Than $625,000 in Funding

New Zealand-based crowdfunding platform PledgeMe recently completed its latest self-running equity crowdfunding round. The campaign successfully secured its initial $500,000 and closed at a total of $633,819 from 270 investors. As previously reported, PledgeMe was launched in 2012 and claims to be the first project-based crowdfunding platform… Read More

PledgeMe Joins Forces With Māori Women’s Development Inc. to Launch New Crowdfunding Platform Tā Koha

New Zealand-based equity crowdfunding platform PledgeMe has joined forces with financial institution Māori Women’s Development Inc (MWDI) to launch a new crowdfunding platform called Tā Koha. The platform’s description reads: “Tā Koha emerged as a need for more capital options for Māori and was co-created in a… Read More

Overfunding: PledgeMe Secures $500,000 Funding Target in Four Days Through Self-Running Crowdfunding Campaign

Less than a week after launching its own equity crowdfunding campaign, New Zealand-based PledgeMe has successfully secured its initial $500,000 funding target from more than 200 investors. As previously reported, PledgeMe was launched in 2012 and claims to be the first project-based crowdfunding platform in New… Read More

PledgeMe Is Now Seeking NZ$500,000 Through New Self-Running Crowdfunding Campaign

New Zealand-based crowdfunding platform PledgeMe Limited has launched an equity crowdfunding campaign through its funding portal, with a minimum NZ$500,000 funding target. Launched in 2012, PledgeMe claims it was the first project-based crowdfunding platform in New Zealand. It has helped 1,200 campaigns fund successfully, with over $27… Read More

Since New Zealand Enacted Securities Crowdfunding $66.3 Million Has Been Raised and Invivo Wines is the Largest Round at $4 Million +

According to a note from Snowball Effect – a leading Kiwi crowdfunding platform, since New Zealand’s crowdfunding legislation was passed in 2014, the local industry as a whole has raised a combined $66.3 million across all equity crowdfunding offers. At the top of list is Invivo Wines…. Read More

Eagle Brewing NZ Seeks $750,000 on PledgeMe to Fund New Kaiapoi Brewpub

  Christchurch craft brewery, Eagle Brewing NZ, has launched an equity crowdfunding campaign on PledgeMe to raise up to $750,000 to fund the fit-out of their new Kaiapoi brewpub, The Port & Eagle. According to Eagle Brewing, the Port & Eagle is the brewery’s new brewpub… Read More

FinTech Scotland Announces Partnership With FinTechNZ

Fintech

Last week, FinTech Scotland announced its first partnership with New Zealand fintech hub, FinTechNZ. According to the Scotland hub, FinTechNZ is The New Zealand Financial Innovation & Technology Association. It is a working group focused on delivering economic growth in New Zealand through financial innovation. Slightly… Read More

ClearFoundation Wants to Raise NZD $1 Billion in 5 Year Token Issuance

New Zealand-based ClearFoundation, and its commercialization partner Utah-based ClearCenter, have announced an NZD $1 billion (or about USD $730 million) initial coin offering of ClearFoundation’s tokens known as CLEAR Tokens. So who is the ClearFoundation? The ClearFoundation was formed in 2009 in New Zealand as an… 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

Harmoney Reports Increase in Kiwi SMEs That Are Tapping into P2P Lending for Business Cashflow

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

Financial Markets Authority Publishes First Statistical Report on Peer-to-Peer Lending & Crowdfunding in New Zealand

On Monday,  Financial Markets Authority (FMA) today published its first statistical report on peer-to-peer lending (P2P) and crowdfunding in New Zealand. The organization described the report as a snapshot of P2P and crowdfunding activity in New Zealand for the year ended June 30, 2017. It was revealed: “The… Read More

OCHO Chocolate Factory Secures $2 Million Just 30 Hours After PledgeMe Launch

Just 30 hours after launching its crowdfunding campaign on PledgeMe, Dunedin-based OCHO Chocolate Factory secured $2 million funding target from more than 3550 investors. Ocho, which is short for Otago Chocolate, was started by artist and former journalist, Liz Rowe. It described itself s a craft bean-to-bar… Read More

New Zealand Clarifies Stance on ICOs, Cryptocurrencies as FMA Publishes Commentary: “All tokens or cryptocurrencies are securities under the FMC Act”

The New Zealand Financial Markets Authority (FMA) is out with a statement on both cryptocurrencies and Initial Coin Offerings (ICO). New Zealand, a relatively small country that has been fairly supportive of Fintech, stated it wants to “facilitate responsible innovation, and ensure that the regulatory… Read More

OurCrowd Builds Innovation Bridge Between Israel, Australia & New Zealand

OurCrowd, a global investment crowdfunding platform, has created an innovation bridge connecting Israel and Australia / New Zealand. The comments come during the 100th anniversary of the liberation of Be’er Sheva by the Australia New Zealand Army Corp (ANZAC), and a visit to Israel by… Read More

New Zealand & Australia Recommit to Collaborate on Fintech

The Financial Markets Authority (FMA) in New Zealand and the Australian Securities and Investments Commission (ASIC) have re-affirmed their collaboration on the expanding opportunities in Fintech innovation. The two agencies originally entered into a Memorandum of Understanding (MOU) back in 2012. Since that time, much… Read More

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