capital raising

Apr
15

Coming of age: Australian crowdfunding platforms raised $8.7m in the March quarter

Investing results for the March quarter suggest that when it comes to investing, Australians don’t appear to be too afraid of crowds.Among the major crowd-sourced funding (CSF) platform, Birchal led the way raising a total of $4,780,700 across four companies, from a total of 3,294 investors (another two closed successfully in April). It was a [...]
By Reposted by Australian FinTech | FinTech . Investing
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Apr
12

HashChing outlines new funding plans

The COO of digital mortgage marketplace HashChing has revealed the company is repeating last year’s fundraising exercise after failing to achieve its $5m target. Last May, HashChing attempted to use equity crowdfunding space Equitise to raise $5m in a month and a half. Interested investors could back the fintech for as little as $250. However, [...]
By Reposted by Australian FinTech | Borrowing . FinTech . Investing . Lending . Mortgage
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Apr
05

‘Relationship lending’ fintech seeks to raise $1.5m

A Western Australian fintech that manages loans between known parties is seeking to raise $1.5 million through an equity crowdfunding campaign. Credi, a fintech that provides a way for family members, friends and businesses to “formalise” loans, is seeking a fresh injection of capital. The fintech will soon launch an equity crowdfunding campaign via Equitise […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Apr
02

Women-only ride-sharing startup Shebah bags $3 million in biggest-ever equity-crowdfunding raise

Australian women-only ride-sharing platform Shebah has broken the record for the most amount raised under Australia’s new equity-crowdfunding regime, pulling in a total of $3 million over its month-long campaign. Midway through March, the company cracked the $1 million mark for its crowdfunding campaign, and in the final minutes of the raise last night it […]

By Reposted by Australian FinTech | FinTech . Investing
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Apr
01

Super will help fund the next wave of unicorns

The country’s leading venture capitalists are tipping more direct investment will flow from superannuation firms such as Hostplus into start-up deals, as more $100 million-plus raises test the funding capacity of the VC firms. Last week cross-border payments start-up Airwallex became the latest Australian company to achieve the lauded $US1 billion valuation milestone, making it the […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Mar
26

Australian fintech Airwallex confirmed as latest fintech unicorn following Series C fundraising

Airwallex confirms unicorn status following a successful Series C fundraising round of $100m USD, valuing the company at over $1bn USD. Founded in Melbourne in 2015, Australian fintech Airwallex has grown from an emerging start-up to a global challenger in the crossborder payment space, supporting a client base of internet titans including JD.com, Tencent and […]

By Australian FinTech | Currency . FinTech . Investing . Payments . Venture Capital
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Mar
18

Regulatory regime for initial coin offering on the cards

The federal government is considering regulating initial coin offerings, a niche form of private fundraising for the technologically sophisticated developer community, in a move that could give blockchain-based start-ups an alternative to traditional capital raising. With ICOs around the world largely unregulated, they are considered the “wild west” of capital markets where scams and fraud […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech . Investing
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Feb
22

Five tips for getting the most out of your equity crowdfunding campaign, from founders who have been there

Since equity crowdfunding launched in Australia in 2017, startups in their droves have looked to the public to help take their venture to the next level — albeit some more successfully than others. But from the modest to the multimillion, what is it that made the successful raises successful? These founders have all been there, […]

By Reposted by Australian FinTech | FinTech . Investing
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