MoneyMe IPO to fund product expansion
Newly listed Australian fintech company MoneyMe is looking to tap into “unmet demand” by expanding its credit product range.
IPO Watch: Profitable lender MoneyMe is the latest fintech to join the ASX
Another fintech is listing on the ASX today – personal lender and credit provider MoneyMe.
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.
ASX-aspirant MoneyMe valued at up to $243 million
IPO hopeful MoneyMe, backed by Vocus Communications founder and one-time small cap fundie favourite James Spenceley, has been valued at up to $243 million.
MoneyMe rolls out property marketing BNPL platform ahead of IPO
Personal loan group MoneyMe is throwing its own hat into the buy-now pay-later (BNPL) ring with the launch of its latest product ListReady.
Australian FinTech company profile #35 – MoneyMe
MoneyMe was founded by two former telco executives with a strong vision: creating innovative solutions to traditional credit in Australia.
Sydney fintech firm MoneyMe to invest $10m in Newcastle operations
SYDNEY-based fin-tech firm MoneyMe plans to invest up to $10 million in Newcastle and create about 100 jobs over the next three years. Co-founder Clayton Howes says the move to set up a Hunter office by MoneyMe, which specialises in offering fast credit up to $15,000 via mobile, has been a year in the making. The company will soon temporarily move 10 staff in the DASH co-working space in Charlestown and has earmarked permanent offices in the East End. Mr Howes said the company was impressed by Newcastle’s smart city credentials and innovation culture and saw its proximity to Sydney as an advantage. “It’s a bit like how San Francisco […]
Ord Minnett readies online consumer lender MoneyMe for fund raising
Fast-growing consumer lending company MoneyMe knows plenty about writing cheques, and now it is asking potential investors to do the same. Street Talk understands MoneyMe will front institutional investors and family offices in coming days, seeking support for a pre-initial public offering funding round. The raising is expected to be worth as much as $15 million and structured as a convertible note issue. Stockbroker Ord Minnett has been lining up investor meetings in Sydney and Melbourne, fund manager sources said. If successful, it would be the first (quasi) equity raising by the personal lender. The company made headlines when it secured $100 million from global credit investor Fortress Investment Group […]
