New research: 4 in 5 businesses believe lenders will not deliver Government-backed loans in time
New research reveals businesses’ lack of confidence in lenders to deliver the new Government-backed loans in a timeframe that will guarantee their survival.
Neobank 86 400 closes Series A capital raise taking total equity capital to $90m
Australia’s first smartbank, 86 400, has closed its Series A capital raise. $34m of new equity was raised in March, bringing its total capital to $90m.
Xinja Bank launches capital raise for sophisticated investors as part of Series D
Xinja Bank, Australia’s independent neobank built entirely for mobile, has launched a fund raise aimed at sophisticated investors.
Sharesight to deliver powerful portfolio tracker to Morningstar premium subscribers
Morningstar Premium subscribers will receive Sharesight Investor Plan at no additional cost, allowing them to track all of their holdings in one place.
Symple completes $11 million equity capital raise to accelerate its profitable growth strategy
Symple Loans have completed an $11 million Series C equity capital raise as it ramps up to meet strong consumer demand for its digital personal loan product
Corporate adoption is killing blockchain, but Bitcoin will live on
The blockchain on its own does NOT give you any form of security and permanence if it must be run by some ‘trusted’ institution
86 400 appoints Morgan Stanley for external capital raising
86 400 has announced it will undertake a capital raising process to support the next phase of its growth beyond launch, appointing Morgan Stanley to assist.
OpenSparkz completes second capital raising, attracts local and Asian investors
OpenSparkz, an Australian fintech which has developed a global platform that removes the need for loyalty cards, offer codes and coupons, today said its second capital raising has closed oversubscribed. The latest seed raising of AUD$1.5 million attracted new regional and local investors alongside further commitments from the founders and original backers. New investors include Louise Daley, the Singapore-based Deputy Chief Executive of Accor Hotels Asia Pacific. Ms Daley will join the OpenSparkz board, which currently includes Andrew Lo, the founder and CEO of Hong Kong-based EFT Payments. “I am excited to be taking up an investment opportunity in such a dynamic player. This is a rapidly evolving industry and […]
