News & Analysis

‘Mum & Dad bank’ loan formaliser Credi is chasing $1 million in equity crowdfunding

- June 19, 2019 2 MIN READ

Tim Dean, Credi’s founder Credi, the Perth-based loan management platform that formalises loans between friends and family, aka the ‘Bank of Mum and Dad’, is looking for $1 million to expand internationally and ramp up its marketing after processing more than $100 million of transactions in the past two years. Tim Dean, Credi’s founder, saying… Read more »

News & Analysis

Online retailer Booktopia abandons crowdfunding after falling short of its target

- June 11, 2019 3 MIN READ

Booktopia CEO and co-founder Tony Nash   Online bookseller Booktopia wanted to raise $10 million from an equity crowdfund Despite having nearly 2 million customers, just 850 people invested, raising less than 9% of the target The Sydney-based retailer is now talking to private investors  Leading Australian book retailer Booktopia has walked away from its… Read more »