capital raising

Jul
05

Forex fintech Airwallex secures US$3m from Alibaba’s VC firm

Fintech startup Airwallex has strengthened its Melbourne and Chinese development teams and accelerated R&D of its international payments platform following a US$3 million pre-Series A investment round led by Shanghai-based VC Gobi Partners.   Gravity VC as well as angel investors Huashan Capital One and Billy Tam (CEO of Easylink Payments, the company behind Chinese […]

By Australian FinTech | Currency . FinTech . Payments . Peer-to-Peer . Venture Capital
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Jul
05

Crowdfunding start-up DomaCom eyes $100m ASX float

DomaCom, the company that shot to prominence with a crowdfunding campaign to acquire the property assets of the iconic Kidman Station empire, is looking to float as a near $100 million company on the Australian Securities Exchange. The ambitious group is hoping to ride the worldwide popularity of crowdfunding which it has used to set […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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Jul
04

nura breaks Aussie Kickstarter record with world-first headphones

Melbourne startup nura has officially broken a record to become the most funded Australian Kickstarter campaign ever, reaching a current total of AU$1.2 million in pledges, with 12 days to go, for its world-first invention — headphones that learn and adapt to your unique hearing. Globally, less than 1 per cent of Kickstarter projects reach funding […]

By Australian FinTech | FinTech . Investing
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Jun
14

Australian FinTech marketplace Valiant announces capital raise

Valiant, member of fintech hub Stone & Chalk announced today that the company has completed their seed round capital raising subscription. The $800,000 capital raise was led by fintech venture capital firm Reinventure, supported by H2 Ventures and a selection of prominent angel investors including Mitchel Harad and Vincent Turner. Co-Founders Alex Molloy and Richard Cotton launched the Valiant business loan marketplace in November 2015, with the […]

By Australian FinTech | Borrowing . FinTech . Lending . Venture Capital
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zipMoney announces A$20.6 million in oversubscribed institutional placement

Highlights of the zipMoney placement: zipMoney has completed an oversubscribed placement to institutional and sophisticated investors to raise A$20.6 million Placement funds will provide loan book equity capital, fund the proposed acquisition of Pocketbook and provide expansion capital Potential to approximately halve the weighted average cost of capital of zipMoney’s loan book zipMoney has entered […]

By Australian FinTech | ASX . FinTech . Investing
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May
26

Crowd-funder CoAssets seeking ASX listing and raising

Perth and Singapore-based fintech player CoAssets has announced plans to list on the ASX in July alongside a capital raise of between $5 million and $10m. CoAssets, which describes itself as the biggest crowd-funding player in Southeast Asia, listed on the National Stock Exchange in July last year and is now seeking an ASX listing […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Lending . Peer-to-Peer
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SocietyOne shifts from edgy start-up to $100m lender

The nation’s biggest peer-to-peer lender, SocietyOne, is growing up fast, and not in the same way as its renegade US cousin Lending Club. An ASIC search has revealed the stranglehold of the so-called media consortium (News Corp, Kerry Stokes and James Packer’s media-free Consolidated Press Holdings) over SocOne after the recent $25 million Series C […]

By Australian FinTech | Borrowing . FinTech . Lending . Payments . Peer-to-Peer . Venture Capital
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Apr
22

Focused fintechs get the nod from Silicon Valley

Silicon Valley once threw money at start-ups that aimed to disrupt broad swaths of finance. Now it is rewarding those that have sharpened their focus. While overall venture funding into lending start-ups is slowing, some platforms still are raising money by taking aim at narrower or less-traditional borrowing niches than the first generation of financial-technology […]

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