Meefund’s Reward Crowdfunding Eyes Up Asia

By Tadhg Walker

Meefund came to life in September 2015. A group of Thai management and business consultants knew Fintech was more than the latest trend, and with their core competency being new business, started Meefund to capitalise on crowdfunding.

It has long proven difficult to attract funding for ventures in Thailand. Banks are unwilling to lend without collateral. Venture Capitalism has never taken off in Thailand. Meefund’s founder and Chief Hunting Officer Tony Boontanorm explains: “The government [from its Venture Capital fund] will give out money and not get a return. They put money into projects but they fund the wrong projects. They do not know how to find the innovations.”

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New Report highlights vitality of Asia Pacific alternative finance sector

By Tadhg Walker

The first Asia-Pacific Alternative Finance survey, Harnessing Potential, has been released. A collaborative effort between the University of Cambridge, Tsinghua University, University of Sydney Business School and KPMG has led to the first benchmarking report into Asia-Pacific’s alternative finance sector. Together with over 20 research partners, including Crowdfund Vibe, data from 503 leading alternative finance platforms in 17 different countries was collected and aggregated.

The alternative finance sector was estimated to be worth a staggering $102.81 billion USD in 2015. China makes up 98.9% of this total, registering $101.7 billion by transaction volume with year-on-year growth of 328%. The rest of the Asia Pacific region recorded a volume of $1.12 billion USD, at a marginally lower year-on-year growth rate of 313%.

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The magic of New Zealand equity crowdfunding revealed

A guest post from Josh Daniell and Nathan Rose

New Zealand is a pioneer in equity crowdfunding – one of the very first countries to create a legal framework for retail investors to participate in offers of shares in private companies. So when the first equity crowdfunding offer launched in New Zealand in August 2014, many watched with interest as this new way to raise capital took its first steps.

There were initial mixed reactions from existing market participants. Some saw the broader reach to retail investors as an opportunity to create efficiencies through a streamlined online process, as well as increasing access to an asset class previously restricted to the traditional institutional and high net worth networks. Others were concerned that retail investors would struggle to fully understand the risks involved with early stage growth companies, and would be fleeced through low quality deals.

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