The government-owned NBN Co has taken on a fresh $US2 billion (~$A2.6bn) in debt via a bond issue in the US as it seeks to wean itself off federal government funding. The issue was made up of a five-year bond of $US750m and a 10-year bond of $US1.25 billion. The five-year bond will mature in… Read more »
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
Prospa has announced that it has raised a $20 million debt facility from Silicon Valley based VC firm Partners For Growth.
Josh Foreman saw through his work in a previous business the direct impact that bad debt has on SMBs, and came up with InDebted.
Still banking with your Dollarmite account? Time to grow up, homie. Debt To 10K is the new online service designed to help those with sporadic spending habits create a custom repayment plan to pay off bad debts and reach an ultimate savings goal of $10,000.
The thing with dreams, or at least the dreams sold in the bulk of startup media is that everyone being written or talked about is doing great, numbers are never discussed and profitability is assumed. This startup founder fell for that trap hard.