Murdoch’s Fox buys Aussie fintech Credible Labs to enter loans market
Rupert Murdoch’s Fox Corp has entered the US loans marketplace with the $585 million acquisition of ASX-listed fintech Credible Labs.
‘Be your own hedge fund’: Investment startup Stake raises $3.5m
Stake will continue to challenge traditional banks and brokers on investing costs after closing a $3.5 million funding round to expand its base.
Australian fintech investment subdued in H1’19, as market pauses ahead of future growth: KPMG Pulse of Fintech
While IPOs are not tracked by the Pulse of Fintech report, it noted Australia has been an exception when it came to fintech IPOs.
Buy now, pay later platform Payright raises $27 million, total fundraise exceeds $55 million
Innovative payment plan provider and Australian fintech Payright has completed a $27 million Series D fundraise through a mix of debt and equity.
DomaCom Ltd completes first crowdfunding into large NSW wind farm
DomaCom’s crowdfunding of Sapphire Wind Farm in NSW is Australia’s first large-scale public community investment into a utility-scale wind farm.
Zip Co master trust up and running with $400m deal
Buy now, pay later payments provider Zip Co has won over equity investors in recent months, and has now set its sights on credit funds.
Brighte secures $130m securitisation warehouse anchored by NAB
The facility is a $130m asset-backed securitisation warehouse with NAB providing $80m as the senior funder and also includes about $50m of mezzanine funding
New retail bank 86 400 rattles tin for fresh equity
Investment bank Morgan Stanley has kicked off a $100 million-plus private funding round for the country’s newest bank 86 400.
