Investors who backed medical technology company, Osteopore Ltd (ASX: OSX), which listed today, watched the company’s value go through the roof as the shares jumped by 300% in value and nearly a quarter of the 26.25 million shares issued changed hands. Osteopore 3-D prints “bioresorbable” implants for surgery that dissolve as the bone heals. … Read more »
A Nearmap image of Sydney Nearmap is is an Australian aerial imagery tech and location data company Revenue grew by 36% to to $90.2m last year thanks in part to US market growth The company posted a bigger-than-expected loss of nearly $15m Investors punished the company, pushing shares down 15% in early trade ASX-listed tech… Read more »
Afterpay Touch boss David Hancock received the Finnies award for FinTech Organisation of the Year last week. The buy now pay later fintech startup is seeking $300 million from the sale of 13.8m new shares at a 10% discount. A share placement plan with existing shareholder could raise up to $30m after that. Founders Anthony… Read more »
Prospa co-founders Beau Bertoli and Greg Moshal Fintech startup Prospa (ASX: PGL) has turned into a nice little earner for its key investors, AustralianSuper and Airtree Ventures, with shares in the online small business lender soaring 18% on debut on the ASX at noon today. The jump added $110 million to Prospa’s market cap after… Read more »
Israeli fintech startup Splitit has completed the first ASX listing of the year, following the closing of a $12 million initial public offering (IPO).
Melbourne online design marketplace 99designs will reach US$250 million ($340 million) in earnings paid out to designers at the end of the month, with US$50 million ($69 million) paid out in the last year alone.
A recent study of the habits of Australian women CEOs has revealed that the road to the top is haphazard for many female leaders.
Maria joined Cellmid in 2007 – and since her appointment, she has led a capital restructure, attracted a new international board of directors, and built a diverse portfolio of assets.
Martin Hosking, CEO of ASX-listed creative marketplace Redbubble, has announced his retirement, with the company’s chief operating officer, Barry Newstead set to take his place. Hosking, who cofounded the company with two friends in 2006 and has served as its CEO since 2010, will step down in August and move into the role of non-executive… Read more »
Small business lending startup Prospa has delayed its ASX listing as it seeks to clarify questions raised by ASIC yesterday around its loan terms.
Joel MacDonald has stepped down as GetSwift CEO and chairman Bane Hunter has taken on the role as “part of [GetSwift’s] ongoing program to continually develop its governance practices as it grows”.
After a couple of delays in completing its $70 million initial public offering (IPO), business transformation services firm Trimantium Growth Ops made its ASX debut today.
The Australian rideshare space continues to heat up, with Indian player Ola this week launching in Sydney and local offering GoCatch announcing its plans to launch an Initial Public Offering (IPO) in June ahead of a listing on the ASX.
With its shares last valued at $2.92 on January 22 before suspension, GetSwift is currently trading at $1.24 after a market update.
Focusing on short form video content from athletes, and helping athletes monetise it with partner brands, is Australian startup 20Four.