The fastest way to check on your investment status is by logging into Birchal and heading to My Portfolio.

"Pending Applications"

These are for your successful investment applications into a company, and can be found here

The key statuses are:

  1. Investment Confirmed

  2. Under Review

  3. Payment Required

  4. Paid

  5. Settling

Investment Confirmed

This means that we have approved your investment and your application of shares has been accepted by Birchal.

If you have made two investments into one company, this will be combined into one share certificate as long as the application has been made under the same legal name.

Under Review
This means that your investment and application of shares is currently under review by Birchal. There are a number of reasons for this - and please don't be alarmed. One common reason for this is that your Investment Amount is greater than $10,000AUD and we need to verify your wholesale certificate before we can approve the investment.

Another common reason is that the round you have invested into was over-subscribed at the time of your investment, and we will only be able to accept your application if other investors decide not to proceed. Keep an eye on your emails as we'll email you if you're one of the lucky few to get through!

Payment Required

The round has closed and we have not yet received the payment for your investment. Please make a bank transfer as soon as you are able.

Learn more about payment statuses here.


We have received the payment for your investment and will send your application to the registry provider chosen by the company you have invested into.


The registry provider is currently settling your shares, and you will receive confirmation from them via email shortly along with your share certificate. It can take up to 6 weeks to settle your shares once your payment has been received.

When settled, you will be able to see this in My Shares.

You can also request to cancel shares from the pending applications section of your portfolio.

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