Tagged: new zealand

March 7, 2016 @ 11:52 pm By JD Alois  |  

Squirrel Group, a mortgage broker and peer to peer lender is looking to raise $5 million in funding and they are using Snowball Effect to help things along.  The offer, which is coming prior to an anticipated public listing, has garnered significant interest. So much,… Read More

March 7, 2016 @ 11:44 am By Samantha Hurst  |  

This week, New Zealand-based Kiwi Regional Airlines announced plans to launch an equity crowdfunding initiative. The company is looking to raise $2 million to purchase a second aircraft. The new plane, which will be a Saab 340 QC, which will be used for both commercial and… Read More

March 3, 2016 @ 4:46 pm By Samantha Hurst  |  

On Thursday, New Zealand-based crowdfunding platform PledgeMe announced it has formed a new partnership with charity organization, Ākina Foundation, to reportedly help Kiwi social enterprises tap into their networks and expertise for funding. PledgeMe CEO Anna Guenther stated the partnership would be powerful for New Zealand’s social… Read More

February 21, 2016 @ 10:29 pm By Nathan Rose  |  

  The recent changes in the retail equity crowdfunding regulatory environment make this a useful time to take stock of the international landscape and compare regimes between countries. Some countries have moved faster than others, and different countries have taken different approaches to regulation, ranging… Read More

February 14, 2016 @ 1:26 pm By JD Alois  |  

It all started when a couple of brothers-in-law were chatting about the “most beautiful piece of earth being sold in the heart of [their] beloved Abel Tasman National Park”.   The property, listed on  RealEstate.co.nz, is described as a 7 hectare utopia.  It is a… Read More

February 13, 2016 @ 4:38 pm By JD Alois  |  

Harmoney, the first peer to peer lender in New Zealand, is readying for it’s jump over to Australia.  While an exact date has yet to be set, Scoop reports that an invite-only beta launch will happen in the next few weeks so Harmoney can work… Read More

February 8, 2016 @ 5:41 pm By JD Alois  |  

Equitise has a new shareholder.  Investec Australia, a publicly traded company, announced today that it had purchased a 20% stake in the equity crowdfunding platform making it the single largest shareholder behind the Equitise co-founders.  Investec was joined in the funding round by H2 Ventures and… Read More

February 8, 2016 @ 4:02 pm By Samantha Hurst  |  

Last month, New Zealand-based crowdfunding platform PledgeMe announced it was looking for a new board member following the departure of Anake Goodall. The equity portal’s Anna Guenther shared: “With Anake leaving our board of directors, we’re on the lookout for someone to jump on the… Read More

February 3, 2016 @ 10:08 pm By JD Alois  |  

Invivo Wines raised a respectable $2 million on Kiwi investment crowdfunding platform Snowball Effect last year. Prior to listing shares on the site, Invivo was described as the fastest growing wine brand in New Zealand. The company had set a funding target of $500,000 on… Read More

February 3, 2016 @ 2:36 pm By Samantha Hurst  |  

Earlier this week, PledgeMe co-founder Anna Guenther announced a new program for the platform called “CrowdfundingU.” Guenther took to the crowdfunding portal’s blog and wrote: “Team PledgeMe has learned a lot over the last year. And now with 12 equity campaigns funded (out of 19… Read More

January 22, 2016 @ 12:57 pm By Samantha Hurst  |  

On Thursday, crowdfunding platform PledgeMe announced details about its new feature, private campaigns. The New Zealand-based website shared: “While most Kiwis were at the bach over the holidays, Team PledgeMe were hard at work adding new features to the platform, inventing new products, and searching for… Read More

January 20, 2016 @ 10:19 am By Samantha Hurst  |  

Following the departure of board member Anake Goodall, managing director and CEO of PledgeMe, Anna Guenther, announced the crowdfunding platform is currently to fill the recently opened position. Last week, PledgeMe revealed that after two years of hard work, sage advice and even cupcake decorating,… Read More

January 18, 2016 @ 6:33 pm By JD Alois  |  

Towards the tail end of last summer, Harmoney founder and CEO Neil Roberts decided to depart his responsibilities from the board of the company he created. It appeared a bit odd at the time, but Harmoney was quick to assure that it was just a “personal decision”.  The executive… Read More

January 12, 2016 @ 7:56 pm By JD Alois  |  

Equitise, a “Trans-Tasman” equity crowdfunding platform has shared a few of the high-points from 2015. Originally queued up to launch in Australia, Equitise first set up shop in New Zealand as the regulatory regime moved a bit quicker in facilitating the new form of internet finance…. Read More

January 6, 2016 @ 9:12 pm By JD Alois  |  

Kiwi crowdfunding platform PledgeMe is moving into debt. Inspired by some of the largest internet finance platforms in the world, PledgeMe has applied for a license from the Financial Markets Authority (FMA) to offer peer to peer lending. “P2P, or debt crowdfunding as it’s also… Read More

December 23, 2015 @ 2:44 pm By Samantha Hurst  |  

Doug Morris, the CEO of investment app Sharesight, recently shared with the Sydney Morning Herald that he believe that new Australian crowdfunding rules would still make the funding method costly for businesses like his. Earlier this month, new rules were introduced to Parliament that would legalise… Read More

December 23, 2015 @ 1:53 pm By JD Alois  |  

In a bit over one year (they launched in September of 2014), Harmoney, a peer to peer lending platform based in New Zealand, has funded over £170 million to more than 10,000 Kiwis.  Realised annual returns on all loans on the platform have topped 12%…. Read More

December 20, 2015 @ 7:29 pm By JD Alois  |  

Lending Crowd received FMA approval last Fall and today the peer to peer lending platform has unlocked the doors and announced it is open for business providing access to capital for New Zealand SMEs and consumers. According to information provided by the company, Lending Crowd… Read More

December 5, 2015 @ 1:04 pm By Samantha Hurst  |  

Last month, beverage distributor Crafters & Co. launched an equity crowdfunding campaign on PledgeMe to raise $1 million. Crafters & Co’s CEO Hadleigh Petherick previously stated: “A successful raise for us means our suppliers will be able to concentrate on what they do best, making… Read More

December 1, 2015 @ 3:41 am By JD Alois  |  

LendMe, a peer to peer lending platform in New Zealand is now live. The direct lending platform revealed that following a “rigorous beta testing” period the platform has initiated a soft launch.  During the past several weeks, LendMe has originated loans in excess of $600,000… Read More