capital raising

May
17

The ID Co. secures seed funding for international growth

Global fintech The ID Co. announces it has received $2m seed funding from global technology investor Amadeus Capital Partners, SixThirty and other investors

DETAIL
May
17

Prospa announces IPO

Prospa, Australia’s #1 online lender to small business, announces an offer of new shares at an offer price of $3.78 per share to raise $109.6m via an IPO

DETAIL
May
10

Prospa puts finishing touches on IPO 2.0

Non-bank lender Prospa is out to prove everyone loves a comeback story as it looks at a new IPO on the ASX.

DETAIL
May
09

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.

DETAIL
May
03

Macquarie readies Bravura Solutions equity raising

Financial services software company Bravura Solutions is in front of fund managers seeking a $165 million equity injection.

DETAIL
May
01

Crowdfunding small slice of startups’ record fundraising

Equity crowdfunding legislation was opened up to proprietary companies last year and many heralded it as a boon for local companies wanting to raise funds.

DETAIL
Apr
16

Australian Fintech Nauticus targets $25 million in equity raise

Melbourne fintech Nauticus Blockchain has targeted a $25 million equity raise to fulfill its vision for low cost, borderless financial transactions. The company launched in 2018 and has amassed a 50,000 strong community across Facebook, Telegram and Twitter, who help guide the development of its products. Trading on its digital currency exchange went live in the fourth quarter of last year. It now offers 17 currencies and AUD with more added each week. The funds raised will enable Nauticus to onboard 2.9 million users by 2022 and support an extensive cross-platform marketing spend, cross jurisdiction banking and financial licenses and to expand the team internationally. Conservative discounted cash flow analysis […]
DETAIL
Apr
15

Coming of age: Australian crowdfunding platforms raised $8.7m in the March quarter

Investing results for the March quarter suggest that when it comes to investing, Australians don’t appear to be too afraid of crowds.Among the major crowd-sourced funding (CSF) platform, Birchal led the way raising a total of $4,780,700 across four companies, from a total of 3,294 investors (another two closed successfully in April). It was a similar story at Equitise, which raised just shy of $3.9 million from 2099 investors. More broadly, $8.7m worth of crowd-funded capital raises were closed off in Q1 across the sector as a whole. Of that amount, two funding rounds stood out; Birchal’s $3m raise for Shebah’s all-female ridesharing platform which set the record for an […]
DETAIL