DishMe came when Bagga found himself struggling with his health due to what his doctor described as “a lethal combination of poor diet and long work hours”.
The Government will provide H2 Ventures with a loan guarantee of $2 million to enable it to access a $4 million loan from existing backer Investec Australia.
H2 Ventures has announced Australia’s first listed fintech investment company, H2Ocean to expose investors to diverse portfolios and increase funding for early stage fintech startups. H2Ocean is seeking to raise a minimum of $27 million and a maximum of $55 million to provide a permanent and stable pool of capital for long-term investment opportunities.
The Australian fintech space is going from strength to strength, with bank Investec Australia today announcing its acquisition of a stake in fintech-focused investment firm H2 Ventures. The value of the acquisition was not disclosed.