Tagged: new zealand

May 16, 2019 @ 7:18 am By Cali Haan  |  

Cryptopia, a New Zealand-based cryptocurrency trading platform that, in February, watched helplessly for days as hackers drained an estimated $16 million USD in cryptocurrency tokens from exchange coffers, has gone into liquidation. According to business advisory firm Grant Thornton New Zealand, which is overseeing the liquidation:… Read More

March 27, 2019 @ 2:10 pm By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Wednesday it is set to expand its services into Australasian later this year, thanks to two major investments. The first step is to open two sales offices in Australia and the second is the expansion of its… Read More

March 27, 2019 @ 3:20 am By JD Alois  |  

Online lender Spotcap has selected Simon Keast as Managing Director for Australia and New Zealand. According to a release, Keast joins the Fintech having held a number of senior roles across the banking and insurance industry, including Head of Small Business Designs and Solutions at… Read More

March 20, 2019 @ 3:29 pm By Cali Haan  |  

The man accused of killing 50 people at a New Zealand mosque and hospitalizing dozens more, including a 2-year-old child, claims in his lengthy “manifesto” that he made money from Bitconnect, a now-collapsed cryptocurrency Ponzi scheme that ripped off participants for billions of dollars. In… Read More

March 19, 2019 @ 10:06 pm By JD Alois  |  

Online lender Prospa has reported that loan originations have surpassed $1 billion. Prospa has now delivered the loans to over 19,000 Australian and New Zealand small businesses. The Fintech has also shared its top-level financial numbers. For the year ended 31 December, 2018 loan originations… Read More

March 5, 2019 @ 4:37 am By Erin Hobey  |  

Lyttelton, New Zealand based company, Collett’s Corner, has secured its NZ$300,000 minimum goal during its PledgeMe equity crowdfunding campaign.  At this writing, over NZ$355,700 has been raised by more than 190 investors for the community-minded property development. The campaign aims to raise NZ$2 million for 80%… Read More

February 13, 2019 @ 10:12 am By JD Alois  |  

Hacked cryptocurrency exchange Cryptopioa has been given a green light to re-open its platform, according to a report in The New Zealand Herald. Authorities of the local Police’s High Tech Crime Group are quoted on the permission. Detective Inspector Greg Murton stated: “We have finished the… Read More

February 13, 2019 @ 8:07 am By JD Alois  |  

GlobexUS Holdings, parent of Horizon Globex US, has inked an agreement with First Growth Funds Limited (ASX:FGF) to power regulatory compliant security tokens in both Australia and New Zealand. First Growth Funds trades on the Australian Stock Exchange and is a micro-cap with a market… Read More

February 9, 2019 @ 3:16 pm By Cali Haan  |  

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More

January 30, 2019 @ 11:49 am By Cali Haan  |  

Researchers at blockchain forensics firm Elementus who extensively documented the days- long, $16 million USD hack against New Zealand-based crypto exchange Cryptopia two weeks ago now claim that the same hacker has struck again at Cryptopia. According to Elementus, “Though Cryptopia remains silent…” about the… Read More

January 22, 2019 @ 10:52 pm By Cali Haan  |  

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

January 16, 2019 @ 2:50 pm By Cali Haan  |  

New Zealand cryptocurrency exchange Cryptopia went dark this week after “suffer(ing) a security breach which resulted in significant losses,” on Monday: The exchange is still offline this morning and all trading suspended pending “maintenance.” New Zealand Police issued a press release today regarding the hack stating… Read More

December 10, 2018 @ 2:45 pm By Samantha Hurst  |  

Xero (ASX: XRO), a global small business platform, announced last week it surpassed one million subscribers across Australia and New Zealand (ANZ). According to Xero, this milestone marks its platform as being the regional leader in the uptake of cloud accounting technology. Speaking about the… Read More

November 30, 2018 @ 9:21 am By JD Alois  |  

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

November 27, 2018 @ 8:29 am By Erin Hobey  |  

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

November 5, 2018 @ 8:24 am By Samantha Hurst  |  

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

September 27, 2018 @ 9:08 am By Samantha Hurst  |  

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

September 13, 2018 @ 10:09 pm By JD Alois  |  

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

September 12, 2018 @ 3:13 pm By Samantha Hurst  |  

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

August 23, 2018 @ 9:32 pm By Samantha Hurst  |  

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