Fresh from securing its restricted banking licence from the Australian Prudential Regulation Authority (APRA) last month, neobank Xinja Bank has launched its second equity crowdfunding offer.
Snowball Effect launched to make it easier for investors to directly invest into companies after observing how difficult it could be in New Zealand.
One of the latest businesses to raise via crowdfunding is Australian esports club ORDER, which this month raised over $360,000 through Birchal.
Proprietary companies will now be able to bring on investment via equity crowdfunding, with Parliament this week passing the long-awaited amendments to its crowdfunding legislation.
With a day to go until its offer closes, digital-only bank Xinja has raised $2 million through equity crowdfunding platform Equitise.
The idea for it digital-only startup bank Pelikin came from founder Sam Brown’s experiences with personal banking in while Australia and overseas.
miRunners addresses the upfront and ongoing costs of ownership by turning the buying of a horse into what is effectively a crowdfunding campaign of sorts.
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.
The crowdfunding platform has currently frozen their access to the funds they raised until they reveal their identity.
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
ASIC has announced it will be opening applications for CSF licences, allowing eligible public companies to sell shares through a licensed intermediary.
Sydney fintech Simply Wall St has raised $2.4 million in funding from its user base, which has now grown to 100,000 users across five global markets.
A partnership between NAB and Israeli crowdfunding platform OurCrowd will provide its clients with direct access to exclusive investment opportunities.
Arludo’s games are focused on teaching students using immersive modern game elements, such as augmented reality, focusing on subjects like biology.
Equity crowdfunding platform Equitise has announced the launch of a new syndicate model in a bid to further “democratise” investment.
The Canva brand is now worth more than Woolies, Telstra and Bunnings
VC-backed crowdfunding platform Stride Equity is offering a new funding model for startups
Female-founded fermentation startup Cauldron lands $10.5 million to transform how new foods and fibres are developed
Shares in Afterpay’s parent company are getting slaughtered after a short seller accused Block of ‘facilitating criminal activity’
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