Tagged: new zealand

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

August 12, 2018 @ 9:07 pm By Samantha Hurst  |  

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

August 7, 2018 @ 8:13 am By Samantha Hurst  |  

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

July 3, 2018 @ 9:39 am By JD Alois  |  

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

March 20, 2018 @ 8:10 am By Samantha Hurst  |  

  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

February 21, 2018 @ 12:31 pm By Samantha Hurst  |  

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

February 5, 2018 @ 11:23 pm By JD Alois  |  

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

January 11, 2018 @ 8:30 am By JD Alois  |  

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

December 8, 2017 @ 4:02 pm By Samantha Hurst  |  

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

November 28, 2017 @ 3:47 pm By Samantha Hurst  |  

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

November 14, 2017 @ 9:23 am By Samantha Hurst  |  

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

November 7, 2017 @ 3:08 pm By JD Alois  |  

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

October 30, 2017 @ 11:06 am By JD Alois  |  

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

October 18, 2017 @ 11:21 pm By JD Alois  |  

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

October 10, 2017 @ 8:40 am By Samantha Hurst  |  

Christchurch based urban farm Cultivate Christchurch is looking to raise up to $200,000 on crowdfunding platform PledgeMe to expand their composting service by issuing Broccoli Bonds to its crowd of investors. The company, which was launched in 2015 by landscape ecologist Bailey Peryman and youth… Read More

September 30, 2017 @ 8:00 am By Samantha Hurst  |  

Less than 24 hours after launching its second equity crowdfunding campaign on PledgeMe, New Zealand based social enterprise Ethique has raised its maximum funding target of $500,000 from 275 investors. As previously reported,  Ethique was founded by CEO Brianne West and is an early adopter of equity crowdfunding… Read More

September 24, 2017 @ 10:18 pm By JD Alois  |  

New Zealand based social enterprise Ethique is preparing to launch their second equity crowdfunding campaign on PledgeMe to raise growth capital to fuel their global expansion. Founded by CEO Brianne West, Ethique was an early adopter of equity crowdfunding having raised capital on PledgeMe back… Read More

September 12, 2017 @ 8:31 am By Samantha Hurst  |  

New Zealand-based software as a service start-up Noted Limited raised over $500,000 through a private crowdfunding campaign on PledgeMe over the weekend. The company’s offering launched on August 29th, with a minimum goal of $100,000. It hit their maximum goal of $500,000 in less than two weeks… Read More

September 11, 2017 @ 11:17 am By JD Alois  |  

PledgeMe, a New Zealand based crowdfunding platform, has announced an expansion into Australia just as equity crowdfunding regulations are scheduled to change. Australia has been slow to improve their regulatory environment for raising capital online but improved rules will be in place soon. “Australia is… Read More

August 28, 2017 @ 11:07 pm By JD Alois  |  

  Snowball Effect received the very first equity crowdfunding license offered to a funding portal in New Zealand three years ago. The Financial Market Authority granted a license that became effective on July 30, 2014.  The event ushered in a new era of online investment in New… Read More