crowd funding

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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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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Feb
18

How Blockchain crowdfunding could soon kill off the ICO

The words Blockchain and ICO might go together like sausage and mash but there’s a good reason, it generated nearly $8 billion in funds raised in 2018. Impressive but still only a tiny fraction of the global crowdfunding industry and already this year we’re seeing a sharp decline. Whereas in the traditional crowdfunding arena the odds are better, […]

By Reposted by Australian FinTech | Blockchain . FinTech . Investing
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Feb
13

Big lending fall shows businesses need to investigate crowdfunding options

A significant drop in lending activity during December has illustrated the need for business owners to investigate other ways raise growth funds, including crowdfunding, according to a major Australian crowdfunding platform. According to Australian Bureau of Statistics (ABS) figures which were released today, the value of lending commitments to businesses fell by 9.7 per cent […]

By Australian FinTech | Borrowing . FinTech . Lending
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Jan
29

Crowdfunding success for Australian brewers

Gold Coast brewery Black Hops has hit its fundraising target of $400,000 just six days after opening its offer to the public. Matt Vitale from equity crowdfunding platform Birchal said he was delighted with the result. “Black Hops offer was fully subscribed last night, reaching its maximum target in just six days,” Vitale said. “We […]

By Reposted by Australian FinTech | FinTech . Investing
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Jan
21

‘Grown ups’: Neobanking sector chases customer sign ups

Australia’s digital banking sector promises the sector is no longer in its infancy and this year the chase for customers is on. “I’m guessing that you’ll see four to five new neobanks start up over the next 24 months,” chief executive of Xinja, Eric Wilson, says. The banking startup kicked off 2019 by launching a […]

By Reposted by Australian FinTech | Banking . FinTech
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Jan
16

Australia’s first academy launches for businesses wanting to ride crowdfunding wave in 2019

Australian businesses will learn how to become crowdfunding champions – thereby helping to avoid an emerging ‘credit crunch’ – as part of a government-supported private academy to be addressed by two international experts. Sydney-based ReadyFundGo has launched a crowdfunding academy – which is the first of its type in the country – to operate across […]

By Australian FinTech | FinTech . Investing
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