Optus is planning to buy teclo Amaysim for $250 million

- November 2, 2020 < 1 MIN READ

ASX-listed Amaysim Australia Ltd is offloading another part of its business, hoping to sell its mobile venture to long-term  wholesale partner, Optus Mobile for $250 million in cash. The deal follows the sale last month of its power provider, Click Energy, to AGL for A$115 million, and would bring an end to business just a… Read more »


Business lender Prospa’s latest results suggest small business is getting back on track

- October 30, 2020 3 MIN READ

 • Total originations of $80 million in 1Q21, up 265% on 4Q20 • Originations, excluding loans originated under the Government’s Guarantee Scheme, up 107% on previous quarter • Annual portfolio yield of 31.5% maintained • Significantly reduced loan deferrals with 1,681 accounts in ANZ on full or partial deferral Fintech Prospa (ASX: PGL) has seen… Read more »


Zebit, the latest BNPL to IPO, plunged 34% on debut

- October 26, 2020 < 1 MIN READ

  US-based buy-now-pay-later Zebit bucked the trend for soaring BNPL shares when it made its debut on the ASX today, losing around 34% of its listing price of $1.58 to close at $1.04. The online retailer (ASX: ZBT) with a BNPL offering, which targets “credit challenged” US consumers, raised $35 million in its IPO, but… Read more »


Douugh’s ASX listing is finally coming this week

- September 28, 2020 2 MIN READ

Financial platform Douugh will finally make its long-awaited ASX listing this week in a reverse takeover of suspended telco Ziptel. The listing is the latest twist and turn for the fintech, which in recent months raised $750,000 from equity crowdfunding as part of a $6 million series A round ahead of the float. Douugh doesn’t… Read more »