These indy operations in Hong Kong and Helsinki brought in more than $350K

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Sometimes we just don’t have the bandwidth to catch everything and in those instances when we can’t find time to dig deep into a story, we still want to bring important info your way.

That said, here’s two important stories that fit that description this week.

Another publicly-backed online news outlet grows in Hong Kong

As we approach the one-year anniversary of the Umbrella Revolution, online news website FactWire has successfully raised more than HKD $3 million (about $460,000 USD). This follows the successful crowdfunding of the Hong Kong Free Press earlier this summer. FactWire is hiring.

See more about the investigative news initiative by visiting their campaign page on the FringeBacker platform.

Radio Helsinki

Independent radio station Radio Helsinki brought in more than€360,000 in an equity crowdfunding campaign on the Helsinki-based Invesdor platform. Unlike rewards-based crowdfunding or donations, equity crowdfunding makes people investors. Technically this campaign wrapped up a month ago.

We were monitoring this campaign earlier this summer and it didn’t look like it would meet its goal but there appears to have been a turnaround. It happens.


Could be that we bring you the longer version of these stories in the future, we just wanted to make sure you got the latest in the news of independent media doing badass stuff.

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Khari Johnson
Khari is founder and editor of Through the Cracks: Crowdfunding in Journalism. He also writes about bots and artificial intelligence for VentureBeat. He has built news startups in the U.S. and Europe for the last decade.

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