ASX

May
20

Fintech lender raises $8m and banks on Prospa IPO boost

Prospa rival Lumi is banking on a growth spurt when its competitor in the non-bank small business lender market lists on the ASX in coming weeks.

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May
17

Global digital payments solution company, Splitit’s securities at a trading halt

The securities of Splitit Payments were placed in a trading halt at the request of the company, pending the release of an announcement.

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May
17

Prospa announces IPO

Prospa, Australia’s #1 online lender to small business, announces an offer of new shares at an offer price of $3.78 per share to raise $109.6m via an IPO

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May
10

Prospa puts finishing touches on IPO 2.0

Non-bank lender Prospa is out to prove everyone loves a comeback story as it looks at a new IPO on the ASX.

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Apr
30

Financial world watches as ASX launches blockchain test

Eleven early adopters of the ASX’s planned equities blockchain will begin testing the new technology from Tuesday, when the exchange switches on a test site that allows them real-time access to its data store.

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Zip Co revenue soars as new partners come on-line

Shares in buy now pay later company Zip Co have surged higher after the group reported a 20 per cent lift in revenue for the third quarter.

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Apr
18

Copying investors via SelfWealth resulted in a 36% return over two years

Australia’s fastest growing online share trading platform, SelfWealth, continues to innovate and provide Australian investors with outperformance.

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Apr
17

Big cards, personal loans player takes a look at Zip Co

Payments company Zip Co's shareholders have more than doubled their money this year, but the strong run may have crippled their chance of a buyout. Street Talk understands local credit cards and personal loans company Latitude Financial Services - which is owned by global heavyweights KKR, Varde Partners and Deutsche Bank - has been watching the ASX-listed payments provider. Sources said Latitude's new management team, spearheaded by former Australia Post boss and investment banker Ahmed Fahour, has spent some time considering ways to get into the buy now pay later sector, which looks like disrupting part of its more traditional banking book. And as small cap managers know - and […]
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