Tagged: new zealand

February 13, 2019 @ 8:07 am By JD Alois  |  

GlobexUS Holdings, parent of Horizon Globex US, has inked an agreement with First Growth Funds Limited (ASX:FGF) to power regulatory compliant security tokens in both Australia and New Zealand. First Growth Funds trades on the Australian Stock Exchange and is a micro-cap with a market… Read More

February 9, 2019 @ 3:16 pm By Cali Haan  |  

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More

January 30, 2019 @ 11:49 am By Cali Haan  |  

Researchers at blockchain forensics firm Elementus who extensively documented the days- long, $16 million USD hack against New Zealand-based crypto exchange Cryptopia two weeks ago now claim that the same hacker has struck again at Cryptopia. According to Elementus, “Though Cryptopia remains silent…” about the… Read More

January 22, 2019 @ 10:52 pm By Cali Haan  |  

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More

January 16, 2019 @ 2:50 pm By Cali Haan  |  

New Zealand cryptocurrency exchange Cryptopia went dark this week after “suffer(ing) a security breach which resulted in significant losses,” on Monday: The exchange is still offline this morning and all trading suspended pending “maintenance.” New Zealand Police issued a press release today regarding the hack stating… Read More

December 10, 2018 @ 2:45 pm By Samantha Hurst  |  

Xero (ASX: XRO), a global small business platform, announced last week it surpassed one million subscribers across Australia and New Zealand (ANZ). According to Xero, this milestone marks its platform as being the regional leader in the uptake of cloud accounting technology. Speaking about the… Read More

November 30, 2018 @ 9:21 am By JD Alois  |  

Australia’s largest online book retailer Booktopia is seeking growth capital and they are raising the funding via an equity crowdfunding offer on Equitise. This is the first time Booktopia is pursuing outside capital. Launched in 2004, Booktotopia is an e-commerce site that sells at least… Read More

November 27, 2018 @ 8:29 am By Erin Hobey  |  

The Oamaru based New Zealand Whisky Collection has surpassed its equity PledgeMe crowdfunding campaign goal of NZ$500,000 last Wednesday from 212 investors. New Zealand Whisky has now extended its equity crowdfunding campaign until 17 December to meet investor demand; just over NZ$565,300 has been secured at this… Read More

November 5, 2018 @ 8:24 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is bringing its digital fintech platform to Australia and New Zealand. Wirecard reported its platform is now available in New Zealand for e-commerce services and Australia for omnichannel solutions. As part of… Read More

September 27, 2018 @ 9:08 am By Samantha Hurst  |  

UK-based payments platform GoCardless announced earlier this week it was launching its GoCardless for Xero in New Zealand. According to GoCardless, the new launch means users can automate payment collections and reconciliation against invoices in New Zealand dollars between GoCardless and Xero. The company wrote… Read More

September 13, 2018 @ 10:09 pm By JD Alois  |  

Kiwi investment crowdfunding platform Snowball Effect has shared their annual update and according to the investment platform – it has been a banner year. Snowball Effect reports that it has raised more capital than any previous year and continues to grow steadily. Snowball Effect believes… Read More

September 12, 2018 @ 3:13 pm By Samantha Hurst  |  

New Zealand-based crowdfunding platform PledgeMe recently completed its latest self-running equity crowdfunding round. The campaign successfully secured its initial $500,000 and closed at a total of $633,819 from 270 investors. As previously reported, PledgeMe was launched in 2012 and claims to be the first project-based crowdfunding platform… Read More

August 23, 2018 @ 9:32 pm By Samantha Hurst  |  

New Zealand-based equity crowdfunding platform PledgeMe has joined forces with financial institution Māori Women’s Development Inc (MWDI) to launch a new crowdfunding platform called Tā Koha. The platform’s description reads: “Tā Koha emerged as a need for more capital options for Māori and was co-created in a… Read More

August 12, 2018 @ 9:07 pm By Samantha Hurst  |  

Less than a week after launching its own equity crowdfunding campaign, New Zealand-based PledgeMe has successfully secured its initial $500,000 funding target from more than 200 investors. As previously reported, PledgeMe was launched in 2012 and claims to be the first project-based crowdfunding platform in New… Read More

August 7, 2018 @ 8:13 am By Samantha Hurst  |  

New Zealand-based crowdfunding platform PledgeMe Limited has launched an equity crowdfunding campaign through its funding portal, with a minimum NZ$500,000 funding target. Launched in 2012, PledgeMe claims it was the first project-based crowdfunding platform in New Zealand. It has helped 1,200 campaigns fund successfully, with over $27… Read More

July 3, 2018 @ 9:39 am By JD Alois  |  

According to a note from Snowball Effect – a leading Kiwi crowdfunding platform, since New Zealand’s crowdfunding legislation was passed in 2014, the local industry as a whole has raised a combined $66.3 million across all equity crowdfunding offers. At the top of list is Invivo Wines…. Read More

March 20, 2018 @ 8:10 am By Samantha Hurst  |  

  Christchurch craft brewery, Eagle Brewing NZ, has launched an equity crowdfunding campaign on PledgeMe to raise up to $750,000 to fund the fit-out of their new Kaiapoi brewpub, The Port & Eagle. According to Eagle Brewing, the Port & Eagle is the brewery’s new brewpub… Read More

February 21, 2018 @ 12:31 pm By Samantha Hurst  |  

Last week, FinTech Scotland announced its first partnership with New Zealand fintech hub, FinTechNZ. According to the Scotland hub, FinTechNZ is The New Zealand Financial Innovation & Technology Association. It is a working group focused on delivering economic growth in New Zealand through financial innovation. Slightly… Read More

February 5, 2018 @ 11:23 pm By JD Alois  |  

New Zealand-based ClearFoundation, and its commercialization partner Utah-based ClearCenter, have announced an NZD $1 billion (or about USD $730 million) initial coin offering of ClearFoundation’s tokens known as CLEAR Tokens. So who is the ClearFoundation? The ClearFoundation was formed in 2009 in New Zealand as an… Read More

January 11, 2018 @ 8:30 am By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) announced yesterday it had approved the licensing of the first seven “crowd-sourced funding” platforms. Due to a recent change in Australia’s security regulations, these investment crowdfunding platforms may allow businesses to raise up to $5 million – all… Read More