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.
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.
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.
P2P lenders spread wings as search for yield intensifies
Yield-hungry investors earning next-to-nothing on cash held in fixed deposits are turning to Peer-to-Peer lending as a viable alternative.
Raiz exceeds $400 million in Funds Under Management
Raiz Invest Limited has now exceeded $400 million in total funds under management (FUM) as at the month ending 31 October 2019.
More non-advised Aussies seeking digital tools
A majority of non-advised Australians say they’re interested in using digital tools to help them make superannuation, insurance and investment decisions.
Australian FinTech company profile #62 – Cashwerkz
Cashwerkz is an innovative online cash management marketplace that solves the problem of finding market competitive cash and term deposit rates.
