Mortgage marketplace startup HashChing, a fintch startup disrupting the monopoly of the big banks, has launched an equity crowdfunding campaign. It’s currently live on the Equitise platform, which has one of the seven crowdfunding licences issued for the first time this year. HashChing, which is seeking between $1 million and […]
Crowdfunding investment through Equitise is more than $2 million from 1,000 investors. When launched, Xinja hit the minimum funding target of $500,000 in under a day. Investments of $250 made up a quarter(26.53%) of all investors Digital bank startup Xinja has raised, via platform Equitise, more than $2 million from […]
Australia’s fintech industry has called for the fast adoption of stalled private company equity crowdfunding legislation to help more Australian small-to-medium sized businesses access the funds they need to grow. Legislation supporting crowdfunding for private companies was introduced to the House of Representatives in September last year hasn’t progressed. FinTech […]
Investors have been pouring money into startups after the corporate regulator ASIC (Australian Securities and Investments Commission) licensed the first crowd-sourced funding companies. Digital bank Xinja, one of the first crowdfunds to go live following the licence approvals last week, raised the $500,000 in less than a day through Equitise. […]
