ASX

May
25

Stockbrokers embrace Fintech

Something quite extraordinary happened at this year’s Annual Stockbrokers (SAFAA) Conference in Melbourne May 22-24, which culminated in blockchain based cryptocurrency broker, Caleb and Brown taking first place honours in the inaugural “Stockbroker Fintech Start-up of 2018” award. Six weeks ago Caleb and Brown and the 9 other local and international fintech firms had no […]

By Australian FinTech | ASX . FinTech
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May
22

OnMarket forges partnership with Listcorp

IPO and equity crowdfunding portal OnMarket have teamed together with investor relations platform Listcorp to assist newly listed ASX companies with the ongoing challenge of communicating and promoting themselves to investors. OnMarket CEO Ben Bucknell said “OnMarket has now helped over 70 companies list on the ASX. We are pleased to announce that we’ve recently […]

By Australian FinTech | ASX . FinTech . Investing
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May
21

Prospa float reveals a new world of online business financing

Online small business lender Prospa is set to hit the ASX on June 6 with a market capitalisation of $576 million. It’s a lofty valuation for a relatively new business lender with a net loan book of $200 million and a statutory net profit in the 2017 financial year of just $1.2 million. But the […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Investing . Lending . Venture Capital
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Prospa books open, offer size reduced

Macquarie and UBS’s equities desks have started beating the drum for ASX-aspirant Prospa. The brokers opened Prospa’s IPO bookbuild on Thursday morning, with news the offer size had been reduced. Some of the online small business lender’s existing shareholders have cut the size of their selldown. Prospa is now seeking to raise $141 million to $147 […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Investing . Lending
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May
10

Raiz Invest to list on ASX with a $120m valuation

Raiz Invest, the micro-investment fintech, has lodged a prospectus with the corporate regulator for a June float in a deal that will value the start-up at around $120 million. As flagged by The Australian Financial Review’s Street Talk column last week, the initial public offering for Raiz, formerly known as Acorns Grow Australia, will raise […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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May
02

Bell Potter pitches fintech Raiz Invest for $120m listing

The initial public offerings are starting to flow thick and fast out of Bell Potter Securities. Next up is a $15.1 million raising for fintech Raiz Invest Ltd which, if successful, would see the company list with a $119.2 million market capitalisation next month. Raiz Invest is the new name for Acorns Grow Australia, a micro-investing app out of the United […]

By Reposted by Australian FinTech | ASX . FinTech . Investing
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May
02

Neo-lender Wisr’s loan origination growth

Neo-lender Wisr Limited (ASX: WZR) is pleased to report on its strengthening personal loan lending portfolio and credit quality position, as at 31 March 2018. The Company’s origination of personal loans grew by 42% in FY18 Q3 when compared with the previous quarter. This was the Company’s largest quarter in loan originations since Wisr, formerly […]

By Australian FinTech | ASX . Borrowing . FinTech . Lending
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May
01

SelfWealth growing in the face of finance industry’s woes

The banking royal commission is currently underway and it’s fair to say that the stories emerging are nothing short of shocking. There’s endless tales of woeful and deceitful financial advice — so bad in fact that that it has even led to families losing their homes. It’s also come to light that for years financial […]

By Reposted by Australian FinTech | ASX . Banking . FinTech . Investing
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