Birchal is an Australian equity crowdfunding platform which captured AU$94 million of the AU$146.6 million raised in the Australian retail equity crowdfunding market during 2018 to 2021.[1]
Matthew Vitale Co-founder and managing director (Australia)
Alan Crabbe Co-founder and managing director (international)
Website
birchal.com
Birchal is licensed by the Australian Securities & Investments Commission to facilitate offers of equity in eligible unlisted public or private companies to both retail and wholesale investors under the crowdsourced funding regime of the Corporations Act, which was introduced in 2017.[2] It was part of the first group of seven such intermediaries issued a license in early January 2018.[3]
Birchal offered its own shares on its platform in April 2022, reaching the maximum funding target of AU$3 million in slightly over an hour, with almost 600 investors participating.[4]
birchal, topic, this, article, meet, wikipedia, notability, guidelines, companies, organizations, please, help, demonstrate, notability, topic, citing, reliable, secondary, sources, that, independent, topic, provide, significant, coverage, beyond, mere, trivia. The topic of this article may not meet Wikipedia s notability guidelines for companies and organizations Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention If notability cannot be shown the article is likely to be merged redirected or deleted Find sources Birchal news newspapers books scholar JSTOR April 2022 Learn how and when to remove this template message Birchal is an Australian equity crowdfunding platform which captured AU 94 million of the AU 146 6 million raised in the Australian retail equity crowdfunding market during 2018 to 2021 1 BirchalCompany typePrivateIndustryEquity crowdfundingFounded2017HeadquartersMelbourne Victoria AustraliaKey peopleMatthew VitaleCo founder and managing director Australia Alan CrabbeCo founder and managing director international Websitebirchal wbr comBirchal is licensed by the Australian Securities amp Investments Commission to facilitate offers of equity in eligible unlisted public or private companies to both retail and wholesale investors under the crowdsourced funding regime of the Corporations Act which was introduced in 2017 2 It was part of the first group of seven such intermediaries issued a license in early January 2018 3 Birchal offered its own shares on its platform in April 2022 reaching the maximum funding target of AU 3 million in slightly over an hour with almost 600 investors participating 4 Contents 1 History 2 References 3 Further reading 4 External linksHistory editBirchal was founded in 2017 as a sister platform to Pozible a reward based crowdfunding platform by its mutual founders The firm commenced by targeting Pozible s user base to capitalise on new Australian equity crowdfunding regulations enacted in 2018 5 References edit How Birchal became the dominant retail equity funding platform afr com Australian Financial Review 23 March 2022 Regulatory resources gt Crowd sourced funding asic gov au Australian Securities amp Investments Commission Australian companies take up crowdfunding opportunity treasury gov au Australian Treasury 11 January 2018 Archived from the original on 18 March 2018 Birchal hits 3 million crowdfunding maximum goal in just over an hour www businessnewsaustralia com Business News 13 April 2022 Kominers Scott Duke Nichifor Alexandru 20 September 2021 Birchal Equity Crowdfunding in Australia Case 822 034 Harvard Business School Further reading editKominers Scott Duke Nichifor Alexandru 20 September 2021 Birchal Equity Crowdfunding in Australia Case 822 034 Harvard Business School External links editOfficial website nbsp This article about an Australian corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Birchal amp oldid 1150082789, wikipedia, wiki, book, books, library,
