Tyro
News & Analysis

The Tyro float: what you need to know

- November 20, 2019 2 MIN READ

Tyro CEO Robbie Cooke. Photo: supplied On the same day Prospa shares were hammered by the market for undershooting its prospectus forecasts, fintech rival Tyro revealed plans for an ASX float it hopes will value the company at more than AU$1 billion. The SME payments and loans provider, chaired by David Thodey, and around since… Read more »

News & Analysis

Medtech implant startup Osteopore listed today and its shares soared

- September 23, 2019 2 MIN READ

  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 »

News & Analysis

2ND TIME LUCKY: Small business lender Prospa is raising $110 million in another IPO attempt

- May 16, 2019 3 MIN READ

  Fintech Prospa launched in 2012 after its co-founders grew frustrated with access to small business loans from traditional banks The company is raising $110 million from institutional investors, valuing the business at $610m Its backers include Square Peg, Airtree and AustralianSuper.  This is Prospa’s 2nd attempt to float after an IPO was pulled at… Read more »

News & Analysis

Funding for Australian startups just had a bumper start to 2019, but things are starting to look tougher

- May 1, 2019 4 MIN READ

Investors and companies spent more than $2.6 billion on tech startups in the first three months of 2019, but the cash splash looks set to dry up if the longer-term trend continues according to Startup and tech directory Techboard, which released its March 2019 quarterly funding report today. It was a good quarter for mature startups… Read more »