crowd funding

VentureCrowd completes first Israeli crowdfunding deal with Knowmail

VentureCrowd, Australia’s leading alternative assets investment platform, today announced the successful completion of a $155,000 crowdfunding round for Knowmail. The company is the first Israeli startup to be funded through VentureCrowd under a partnership with investment management firm Kentgrove Capital. VentureCrowd raised $155,000 in convertible notes, as part of a larger US$3 million funding round […]

By Australian FinTech | FinTech . Investing . Venture Capital
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Dec
05

Startup founders say crowdfunding delays are an ‘extreme embarrassment’

Startup founders have hit out at the Labor Party for its refusal to support the passage of a long-awaited crowd sourced equity funding (CSEF) bill, resulting in the legislation being pushed back until February at the earliest. The move from Labor, which was led by digital economy spokesman Ed Husic, comes a week after the […]

By Reposted by Australian FinTech | FinTech . Investing
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Nov
25

Crowdfunding opened to companies up to $25m

Unlisted public companies with less than $25 million in assets and turnover will soon be able to raise capital via crowd-sourced equity funding, thanks to a new bill introduced by the Coalition on Thursday. The long-awaited bill comes almost a year after the government first tried to introduce the legislation, only for it to be […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Nov
03

EY FinTech Australia Census 2016

FinTech Australia and EY Sweeney release the most comprehensive analysis of Australia’s fintech ecosystem to date, the EY FinTech Australia Census 2016 FinTech Australia and EY Sweeney are today releasing the inaugural EY FinTech Australia Census 2016, the most comprehensive and detailed report on the Australian fintech industry to date. The research was formally launched […]

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Property crowdfunding start-up CrowdfundUP closes funding round and eyes China

Property crowdfunding platform CrowdfundUP has closed a $2.1 million capital raise to build its team and grow its market presence locally and in China. The funding comes as the property sector faces disruption from increasing numbers of new entrants with disruptive business models such as Purplebricks Australia, PropertyNow and BRICKX. The investment in CrowdfundUP has […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Property crowdfunder CoAssets lists on the ASX

The alternative lending space continues to gain momentum as Singapore-based real estate crowdfunding specialist CoAssets lists on the Australian Securities Exchange on Monday morning. The company with an $85 million market capitalisation has raised $6.55 million at 40¢ a share ahead of the listing. The peer-to-peer crowdfund facilitator specialises in funding of up to $5 […]

By Reposted by Australian FinTech | ASX . FinTech . Investing . Peer-to-Peer
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CoAssets to crowdfund small and medium developers

Crowdfunding platform CoAssets plans to help financing small and medium-sized property developers who have been hit by tightening lending conditions, as it prepares to list on the Australian Securities Exchange this month. Founded in Singapore three years ago, CoAssets has grown to be the biggest crowdfunding player in Southeast Asia with more than 50,000 users. […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Investing . Lending
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VentureCrowd stakes its claim as alternative investment option

Local equity-based crowd-funding platform VentureCrowd and residential property developer Clearstate have closed a second funding round, giving more than 50 investors 49 per cent equity of a development site in western Sydney. VentureCrowd’s crowd-funding platform allows investors to buy equity of a property development before it’s subdivided and sold, and former Credit Suisse ­adviser Mitchell […]

By Reposted by Australian FinTech | FinTech . Investing
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