Steve McGovern, Dubber

Dubber fires CEO over missing millions

- April 10, 2024 2 MIN READ

The board of ASX-listed Dubber has fired cofounder Steve McGovern as CEO over $26.6 million in missing company funds. In a statement to the ASX late on Tuesday night, the company said they terminated McGovern’s employment yesterday after investigations over the last five weeks into the missing cash alleged that “McGovern and the trustee were… Read more »

Steve McGovern, Dubber

ASIC stops Dubber’s CEO and a lawyer from leaving Australia over company’s missing $26.6 million

- March 22, 2024 2 MIN READ

The Australian Securities and Investments Commission has stepped in to prevent ASX-listed Dubber’s CEO and cofounder, Steve McGovern, and lawyer Mark Madafferi, principal of North Melbourne law firm, Christopher William Legal, from leaving the country as investigations continue into $26.6 million missing from the business. The corporate regulator applied to the Federal Court on March… Read more »

call centre operator

Investor Alex Waislitz comes to Dubber’s rescue with $5 million loan as hunt for missing millions continues

- March 18, 2024 2 MIN READ

ASX-listed voice data company Dubber is borrowing $5 million in bridging finance from existing investor Alex Waislitz to solve a cash flow crisis after more than $26 million of the company’s funds went missing. Tiga Trading, a company associated with the Melbourne billionaire’s Thorney Investment Group, is stumping up the cash as a loan secured… Read more »

Touch Ventures CEO Hein Vogel

ASX-listed VC Touch Ventures and its CEO part ways

- March 12, 2024 2 MIN READ

Touch Ventures, the ASX-listed VC fund initially backed by BNPL fintech Afterpay, is breaking up with its CEO, Hein Vogel, after 4.5 years. In a statement to the market on Monday, the company said the board and CEO “have reached a consensus on his departure” with Vogel handing back his swipe card on March 29… Read more »

cowboy, lasso, farm

Superloop knocks back Aussie Broadband’s $466 million takeover bid as ‘opportunistic’

- February 29, 2024 3 MIN READ

Expanding internet service provider Aussie Broadband is weighing its options after fibre infrastructure operator Superloop rejected as “opportunistic” a proposed acquisition that Aussie said would have created a serious market rival to “incumbents” Telstra and Optus. A merger of the companies – which would have created a “scale player” providing a wider product offering to… Read more »


Five years after hitting the ASX with a $610 million market cap, small business lender Prospa is delisting with a $74m takeover bid

- February 27, 2024 2 MIN READ

Small business lender will disappear from the ASX within months following a $74 million takeover bid from the Melbourne-based Salter Brothers Tech Fund. While the offer of $0.45 cents a share is a 22% premium on Prospa’s (ASX:PGL) closing price of $0.37 cents on Monday, it’s a far cry from when the business listed at… Read more »

Richard White

WiseTech’s results and share price are a giant F You! to the short-sellers who predicted the software giant’s death in 2020

- February 23, 2024 3 MIN READ

About this time four years ago, China-based analyst and short-seller J Capital took its third stab at ASX-listed WiseTech Global with a report headlined “WiseTech may be the first corporate death from Covid19”. This week the logistics software company (ASX:WTC) was very much alive and kicking with its share price hitting an all-time high, above $90,… Read more »


Judo Bank cofounder Joseph Healy steps down as CEO

- February 20, 2024 2 MIN READ

The cofounder of ASX-listed business lending bank Judo, Joseph Healy, is stepping down as CEO after seven years at the helm. He’ll hand the reins over to the bank’s long-term deputy CEO and chief relationship officer, Chris Bayliss, next month. The news came as Judo (ASX:JDO) announced its half-yearly results (1H24) to the end of… Read more »

WLTH cofounder and CEO Brodie Haupt

Fintech WLTH banks $14 million raise, ramps up digital lending with Mortgage Mart acquisition

- November 28, 2023 2 MIN READ

Brisbane lending fintech WLTH has raised $14 million alongside acquiring home loan manager Mortgage Mart. The funding came from Melbourne-based healthtech-focused investor Rajomon and ASX-listed PNG digital lender Kina Bank (ASX:KSL). WLTH CEO and cofounder Brodie Haupt has put the capital to immediate use as part of his ambition to build Australia’s leading digital lender,… Read more »