capital raising

Sep
17

Step-by-Step Guide: How to Create Your Own Cryptocurrency

Introduction Did you know, there are different forms of money? Not just real and counterfeit. Those categories were relevant in the 20th century. Now we have Cash money, digital money or money that can be accessed through online mediums, and plastic money which refers credit cards and debit cards. But in the last decade, the […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . Currency . FinTech
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Sep
17

Crowdfunding reforms bolster investment pool for Aussie businesses

“It’s almost creating Shark Tank for the public, or be your own Shark Tank, which is phenomenal from an innovation perspective in Australia,” says Crowdfunding.com.au founder Chaz Prezident. Private Australian businesses will soon no longer need to become public companies if they want to access crowdfunding to raise equity, following reforms to the Corporations Act […]

By Reposted by Australian FinTech | FinTech . Investing
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Sep
14

Equity crowdfunding extended to private companies

Businesses wishing to raise money from retail investors will no longer have to convert to an unlisted public company structure, after an amendment to 2017’s equity crowdfunding legislation passed federal Parliament. The legislation, which takes effect in 28 days from Wednesday, allows proprietary companies or unlisted public companies with annual turnover or gross assets of up […]

By Reposted by Australian FinTech | FinTech . Investing
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Sep
11

Arctic Intelligence reels in $2.8m to fuel global expansion

Arctic Intelligence, a provider of cloud-based audit, risk and compliance platforms, has raised $2.8m in fresh funding. The capital came from high-profile angel investors, comprising of experienced leaders in their field and includes entrepreneurs, career bankers, professional investors, venture capitalists and two ex-CEOs from publicly listed companies. It will allow the RegTech to fast-track its […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Sep
10

Brutal honesty and collaboration: Life after an equity crowdfund raise

Manrags co-founder Michael Elias has spent the past week preparing to welcome 177 investors on board his business. The Melbourne-based underwear subscription business, which Elias founded with his wife Tina, successfully raised $363,000 two weeks ago through an equity crowdfunding campaign. The raise elevates Manrags into a small cohort of businesses that have successfully closed […]

By Reposted by Australian FinTech | FinTech . Investing
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Aug
23

Afterpay to raise equity for UK acquisition

Payments company Afterpay will launch a $110 million equity raising. It is understood the company has hired brokers Citi, Bell Potter and Wilsons to manage the offer. The deal is expected to be underwritten by Citi at a floor price of $15.75 a share, with the deal to be done via a placement. Funds raised would […]

By Reposted by Australian FinTech | FinTech . Investing . Payments
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Jul
19

Joust taps new Australian crowdfunding rules in bid to raise $2 million

Joust, an Adelaide based fintech that brings competitive tension to the home loan market by linking borrowers directly with over 20 lenders who compete against each other in real-time, has launched an equity crowdfunding campaign to raise $2 million. The Joust platform brings disruption to the $1.7 trillion home loan mortgage market where $2 billion […]

By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending . Mortgage
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Jul
19

Prodigal Prospa returns to investors for equity

Online small business lender Prospa has gone back to the drawing board following a dramatic false start to its mooted ASX listing. Following the 11th-hour shelving of its initial public offering last month, Street Talk understands the company is considering a range of options including a private raising The company’s co-founders and joint chief executives Beau Bertoli and Greg Moshal are working […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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