Australian crowdfunding rules need to change, says Ingogo
More Australians should be encouraged to take a punt on a startup by changing equity-based crowd funding rules, according to Ingogo managing director and founder Hamish Petrie.
More Australians should be encouraged to take a punt on a startup by changing equity-based crowd funding rules, according to Ingogo managing director and founder Hamish Petrie.
After a pivot into mobile payments, Ingogo has raised $9.1 million in a pre-IPO funding round.
Ingogo has announced it will expand beyond cab bookings with a payment and accounting platform for small and medium enterprises (SMEs).
Cab booking app developers have welcomed new taxi rules in Victoria as further opening the market for competitors to the taxi establishment.
Startups are in an uproar over the killing of Commercialisation Australia and other cuts in the federal government’s 2014-15 budget.
Taxi app startup ingogo has raised another $3.4 million as it pivots into a mobile payments.
The disruptive mobile cab booking app industry continues to win funding amid opposition by incumbent taxi dispatchers.
Australian startup Ingogo raised $1.5 million in a new investment round to fund its cab booking mobile app, despite public attacks from the taxi industry.
A fight brewing between mobile app developers and the taxi industry could end up in the courts and may result in new regulations, according to independent taxi app developers.
Utilising Cloud computing and using technology to solve everyday problems should be the focus of startups wanting to make their mark on the industry, according to members of three successful Australian startups.