Three funds bankroll MoneyMe raising
MoneyMe is seeking to raise $45 million for a $212.2 million market capitalisation with bids due to lead managers Morgans and Ord Minnett on Thursday.
High-end Afterpay rival takes its fight international
Payright, which is associated with high-end services like professional photography or home renovations, serves customers with a $20,000 spending limit.
EML Payments to shell out $423m for European fintech
EML Payments has entered into a binding agreement to acquire London-headquartered Prepaid Financial Services for an upfront value of £226 million (A$423m)
Raiz successfully raises over $6million via institutional placement
Raiz Invest have successfully completed of a Placement of seven million fully paid shares at $0.86 cents per new share, raising a total of $6.02 million.
China and Australia ink fintech deal to share information on new trends
China and Australia‘s regulators have agreed to partner up on fintech, a move that will give them oversight on new trends in each other‘s markets.
Novatti secures investment for Aus expansion
Novatti has received a $1.1 million investment from the Australia Fintech Investment Group as the two companies launch their joint business.
Acquisition advances non-bank’s growth plan
Cashflow Finance is now one of the largest non-bank lenders in Australia specialising in trade, invoice and equipment finance.
Offshore challenger bank OakNorth eyes local lending tie-up
Challenger bank OakNorth is the latest global fintech to set its sights on Australia, preparing the ground for the launch of a lending assessment platform.
