SendGold platform brings real assets to digital currency

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SendGold, a Sydney based fintech company with an asset-based peer-to-peer digital money platform, has launched an equity crowdfunding campaign to raise $2 million. SendGold is hyper-liquid, hyper-accessible, and based on physical gold, one of history’s most reliable assets. SendGold is an alternative to bank money as it allows its customers to save, invest, gift and […]

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OnMarket wins FinTech Australia award for ‘Excellence in Crowdfunding’

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OnMarket has been awarded the 2018 FinTech Australia award for ‘Excellence in Crowdfunding’ at last week’s Finnies Awards held in Sydney. The Finnies are Australia’s only industry-backed awards, which are supported by FinTech Australia and the NSW Government’s Jobs for NSW. The Finnies recognise and celebrate the best and brightest in the rapidly growing and exciting […]

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OnMarket forges partnership with Listcorp

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IPO and equity crowdfunding portal OnMarket have teamed together with investor relations platform Listcorp to assist newly listed ASX companies with the ongoing challenge of communicating and promoting themselves to investors. OnMarket CEO Ben Bucknell said “OnMarket has now helped over 70 companies list on the ASX. We are pleased to announce that we’ve recently […]

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Australia’s first equity crowdfunding deal closes successfully

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Equity crowdfunding platform OnMarket has successfully closed Australia’s first equity crowdfunding offer. Revvies Energy Strips Limited (Revvies) has become the first company in Australia to raise capital by utilising the government’s new equity crowdfunding legislation. Equity crowdfunding is the new way for everyday investors, mums and dads, and the millennial generation to invest in early-stage […]

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Milestone for equity crowdfunding in Australia with ASIC licence approval

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OnMarket will be one of the first businesses in Australia to raise capital this year through ‘the crowd’, following the Australian Securities and Investments Commission’s approval of its equity crowdfunding licence, announced last Friday. Equity crowdfunding brings entrepreneurs and retail investors together for the first time and is only now possible following today’s licence approval. […]

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Smaller IPOs deliver best returns in 2016: OnMarket report

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Smaller initial public offerings (IPOs) easily outperformed larger IPOs on the Australian Securities Exchange (ASX) in 2016, while company floats as a sector delivered much better returns than the broader share market, according to OnMarket 2016 IPO Report. IPOs returned an average of 25.4%, more than triple the 7.5% delivered by the benchmark S&P/ASX 200 […]

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IPO market delivers strong gains in July

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The Australian Initial Public Offerings (IPOs) market delivered strong gains in July, with the average monthly return from the nine companies listing on the Australian Securities Exchange (ASX) striking 15.7%, outperforming the S&P/ASX 200 by 9.4 per cent, according to a new report, the OnMarket July IPO Report 2016. A total $995.7 million was raised […]

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OnMarket BookBuilds and CMC Markets Boost Online IPO Offering

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  In recognition of the increasing investor demand for access to Initial Public Offerings (IPOs), CMC Markets and OnMarkets BookBuilds (OMB) have entered a deal which allows CMC Markets’ clients to bid for IPOs through their broking account using OnMarket’s platform. IPOs are delivering stellar returns to investors, with the average gain on the 21 […]

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Fintechs to take market share, talent away from incumbents

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Fintech companies are moving in on traditional financial services providers as their products and services gain popularity, grabbing market share and talent while forcing down costs. Traditional jobs may be lost and even one of the big four banks could disappear, according to a panel of the nation’s leading fintech entrepreneurs speaking today at the […]

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Mobile data downloads hit new high: mobile app usage driving rapid growth

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New official data reveals the volume of data being downloaded on mobile telephones has skyrocketed to a record high, with much of the growth driven by rising app usage, according to Ben Bucknell, chief executive of OnMarket BookBuilds (OMB), the creator of the world’s first app giving investors free and fair access to Initial Pubic […]

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