Australian social media startup LITT, which touts itself as a ‘Facebook alternative’, broke Australian equity crowdfunding records when its campaign opened on Tuesday, raising $500,000 in just 40 minutes. The Western Australian venture then went on to have the second fastest to CSF raise to $1 million, taking 11 hours. That record was set just… Read more »
Thrive, a Melbourne-based fintech using artificial intelligence to automate banking, accounting, tax and lending for small-to-medium enterprises (SMEs), has closed its crowdfunding campaign after just 3 days, having raised a record $3 million. Thrive’s campaign launched on Birchal on broke multiple records when it went live last week, hitting $1 million towards the $3m target… Read more »
Fine Defender was founded by Adam Cockayne in 2016 after he saw first-hand the challenges related to unjust fines. So he developed software to help assess and challenge fines issued for everything from parking to traffic, public transport and more recently Covid-19, charging a $25-$35 fee to launch the challenge after they’ve completed an online… Read more »
Women-only ridesharing app Shebah set a record for Australian crowdfunding when it raised $3 million earlier this year. Equity crowdfunding platform Birchal has announced plans to host a secondary market to trade unlisted crowdsource-funded (CSF) shares from next year. Birchal has pioneered equity crowdfunding in Australia, having raised more than $16 million in 26 successful… Read more »
Geoff Moore, Tony Nikolakopoulos and Jay Grant from Reel House Productions. Movies sell a certain magic – a champagne for the eyes, yet for the most part the industry is more 4-litre cask wine. An Australian film production company Reel House Productions believes there’s still a fortune to be made making films as streaming services invest… Read more »
Adviser Ratings CEO Mark Hoven and MD and co-founder Angus Woods. Source: supplied Sydney-based independent financial advice rating and data startup Adviser Ratings has turned to crowdfunding as it seeks to respond the banking royal commission’s findings into conflicts of interest in the sector. The Series A raise through equity crowdfunding platform Birchal launched publicly… Read more »
Women-focused ridesharing service Shebah has launched an equity crowdfunding campaign to raise funds for expansion.
One of the latest businesses to raise via crowdfunding is Australian esports club ORDER, which this month raised over $360,000 through Birchal.
The idea for it digital-only startup bank Pelikin came from founder Sam Brown’s experiences with personal banking in while Australia and overseas.
Looking to shift the status quo of the traditional property buying and selling process to benefit the customer is Ballarat startup NextAddress, founded by Julie O’Donohue.
After years of lobbying from the startup sector, retail – or mum and dad – investors now have access to equity crowdfunding opportunities through the seven intermediaries this week granted licenses by ASIC.
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