CROWDFUNDING NEWS

SINGULAR CAMPAIGNS

Crowdfunding is being innovative, is daring to develop new ideas...

31/07/2018

CROWDFUNDING'S POPULARITY IS WAKING GOVERNMENTS

While the number of crowdfunding platforms is constantly increasing in all countries, the regulatory framework is expanding..

19/07/2018

WHEN FIN-TECH COMES TOGETHER

In Africa crowdfunding and cryptocurrency were part of a single project... In United States also, Fin-Tech techniques are mixed...

16/07/2018

STARTUPS RAISING FUND THROUGH CROWDFUNDING GO BUST LESS

Contrary to some received ideas, startups using crowdfunding have a lower failure rate...

11/07/2018

DONATION-BASED CROWDFUNDING A NEW SPRINGBOARD FOR CHARITY

Almost no day passes without an article being written about a touching donation story by crowdfunding platform...

26/07/2018

STORIES TO BETTER UNDERSTAND THE CROWDFUNDING INDUSTRY

7 AUSTRALIAN EQUITY CROWDFUNDING PLATFORMS HAVE RECEIVED AUSTRALIAN FINANCIAL SERVICES LICENCES

11 January 2018 the ASIC has issued the first batch of crowdfunding intermediary licences to seven platforms: Big Start, Billfolda, Birchal Financial Services, Equitise, Global Funding Partners, IQX Investment Services and On-Market Bookbuilds.

2018

CROWDFUNDING, MUCH MORE THAN A FINANCING LEVERAGE

If companies call upon crowdfunding, it will be firstly to diversify their sources of financing, in addition to their banking and equity resources. However, is also a way to gain speed, simplicity and efficiency in their development projects.

2018

2015 NATIONAL SURVEY OF CROWD-SOURCED EQUITY FUNDING IN AUSTRALIA

STORIES TO BETTER UNDERSTAND THE CROWDFUNDING INDUSTRY

PROPERTY CROWD FUNDING IN AUSTRALIA

We are at tipping point internationally where crowd funding has matured and should be considered as an alternate funding choice and not something new, property is just one example of how projects and businesses are using the internet to engage with customers and backers to...

2017

CROWD RECEIPTS TAXED EARLY?

In a recent tax advisory notice from the Australian Tax Office the industry was reminded that business like crowdfunding activities will be subject to income tax. Whist the guidance is welcome and somewhat instructional industry proponents say that it leaves the impression that crowd initiated business...

2018

EQUITY CROWD FUNDING PART 2 OF 3

Mark this day in your diary. Whist many see todays announcement by Treasury of a the public company structure for Equity Crowd Funding as a step back towards a clumsy CAMAC type approach, we believe it's an important step towards large scale Australian sourced crowd funding, albeit for those with pre committed funds available to mount a..

2015

15 MONTHS ON: CAMAC VS. CSEF FOR PUBLIC COMPANIES

In June 2013 Advancing Australia’s Digital Economy set CAMAC the task of holding a comprehensive review of CSEF, a review that concluded with CAMACs report into Crowd Sourced Equity Funding in May 2014, in favour of facilitation of this innovation. On the dissolution of CAMAC that...

2014

2017 NEWS

CHUFFED WITH A 1.1 MILLION FUND RAISE!

Non-profit crowdfunding platform Chuffed.org has announced the closing of a $1.1 million seed funding round led by Blackbird Ventures, Bevan Clark, and the Telstra Foundation. As part of the funding, Niki Scevak, cofounder of Blackbird Ventures, will join the Chuffed board. Chuffed first launched in 2013....

EQUITY CROWDFUNDING IN AUSTRALIA ON ITS WAY

New legislation to allow public companies to raise money through crowdfunding passed through the lower house The bill, in the form of an amendment to the Corprorations Act, would allow unlisted public companies with less than $5 million in assets and turnover to raise $5 million...

CROWD-FUNDING LAWS PASS LOWER HOUSE

Treasury and Assistant Treasurer have made a range of announcement indicating that a formal announcement on Equity Crowdfunding is near. Its not the first time, however it is clear that details are starting to immerge regarding the fine tuning, with some notable changes; 10k (25k annual cap is gone) Investors will be able...

2016 nEWS

EQUITY CROWDFUNDING SECOND TIME LUCKY

The equity crowdfunding funding bill, which deals public company fund raising, has been amended by the senate before being passed. It's a big step in the right direction for crowdfunding, however many critics await announcements on a proprietary model that should enable large numbers of smaller businesses a chance at shareholder backed funding from the crowd...

01/06/2016

KIDMAN CATTLE CROWDFUNDING

Over 5,000 backers wasn't enough to carry DomaCom’s now abandoned crowdfunding bid for S.Kidman, with the company deciding to re-direct their funds towards a smaller North Queensland pastoral target. An $8 million 120-year-old family beef operation at Charters Towers. DomaCom’s fractional property investment trust model attracted...

15/07/2016

ASIAN PROPERTY EXPANSION – CROWDFUNDUP

Property crowdfuding platform CrowdfundUP has closed a $2.1 million capital raise to build its team and grow its market presence locally and in China. The investment in CrowdfundUP has been led by Positive Investment Enterprise, which has a focus on property development, venture capital and funds...

11/10/2016

FAILING IN MORE WAYS THAN ONE

Its another day and another failed campaign making headlines for the wrong reasons. Strong backers, let down by failed entrepreneur(s). The theme says much about the disconnect in expectations, terms and conditions and platform management. Whilst we'd like to say this is unique to offshore platforms, its not and we'd consider that consumer warnings should feature in most cases, particular where the backer may be confused into believing that this is an ordinary purchase.

06/11/2016

2015 NEWS

BRITISH MAN IS CROWDFUNDING A GREEK BAILOUT BAILOUT

It's been 2 days since Thom Feeney launched an online crowdfunding campaign to help solve the Greek debt crisis. Using crowdfunding website IndieGoGo, the British shoe shop worker hopes to raise 1.6 billion euros, or $1.8 billion AUD, to save Greece who is set to vote in a...

UNDERFUNDED CLCS WILL BE HELPED BY CROWDFUNDING PROJECTS

Crowdfunding will be used to finance a new Perth-based justice program to train law graduates for community legal centres (CLCs), in a model that could help the sector address a shortfall in government funding. The Piddington Justice Project, launched by banking service act. and the WA-based...

CROWDFUNDING BOOST FOR START-UPS TO GET IN THE FEDERAL BUDGET

Start-ups and small businesses in the Australian market are set to get a touch of relief with crowdfunding featured in the latest Federal Budget...

GOFAR SMASHES CROWDFUNDING TARGETS WITH A $200,000 CAMPAIGN

GoFar is a patented device that tracks energy consumption in cars and gives instant feedback to drivers so they can improve their driving...

MALCOLM SAYS, FOLLOW NEW ZEALAND

Government bureaucracy has been blamed by Communications Minister Malcolm Turnbull the ongoing delay of legislation to fully allow equity crowdfunding for start-up businesses, and said new rules will be introduced by the end of the year that could reflect New Zealand's scheme. Crowdsourced equity fundraising is currently...

ROUNDTABLE & SURVEY RESULTS

Mission: Discuss CSEF (Equity Crowdfunding) in Australia The Financial Services Council hosted today’s Equity Crowd Funding Roundtable with the Minister for Small Business, Bruce Billson chairing an excellent event. CFIA directors and key contributors included, Chris Gilbert, Paul Niederer, Matthew Pinter, Jack Quigley & Tony Puls (with...

2015 NATIONAL EQUITY CROWDFUNDING SURVEY

Welcome to the 2015 Crowdfunding Institute of Australi...

OPPORTUNITIES 

CFIA CHAPTERS WILL HELP DRIVE THE CONVERSATION!

Your Mission: Lead the conversation in your chosen field / fields, build momentum and initiate change! HOT TOPIC! Gift based crowdfunding may be credited as our foundation, but Equity Crowdfunding is heating up. If you're a sucker for CAMAC, enjoy rifling though the SEC files and love a...

CFIA BOARD ANNOUNCEMENT

Mission: A chorus of investors Equity for Australians in 2015 There was a business like tone to the Directors meeting today with all the platforms voicing pro's and con's towards aspects of the 3 model Discussion Paper put forward by Treasury. In response the CFIA will issue a...

COLLABORATION

Mission: Crowd source support for our industry Multiplatform collaboration Collaboration brings together pledge, rewards, lending and equity platforms as a movement with shared values agendas and support. Working together to remove barriers to entry, build sustainable models and ultimately reach out to more people. As part of the collaboration chapter you need...

About the Course Equity Crowdfunding is the new kid on the block. This course will teach you how the fundamentals of this revolutionary approach to finance, and what it means for entrepreneurs and investors. We will discuss the merits of equity crowdfunding versus other forms of...

TAXATION WITH REPRESENTATION!

Mission: Show some love for the ATO and debunk the impact of GST on crowdfunding Tax Time! Einstein once said there is nothing quite as complex as taxation and GST is no exception. If you disagree, then this chapter is for you. Calling all bean counters, solicitors and upstanders! Show your...