Cliff Obrecht, Melanie Perkins

Canva cofounder says Australian investors don’t understand tech and that’s why they’re listing in the US

- March 18, 2024 2 MIN READ

The public listing of Canva will most likely happen in 2026 and won’t be on the ASX because Australia is a small market, according to the design software’s cofounder Cliff Obrecht. The husband of CEO and cofounder Melanie Perkins, named the 10th richest person in Australia, alongside his wife, with a combined wealth of $10.92 billion,… Read more »


Airwallex sets up for IPO by 2026

- January 15, 2024 2 MIN READ

Airwallex, the Melbourne-born fintech unicorn, is preparing to list publicly over the next two years according to one of its cofounders. The international payments business, last valued at US$5.5 billion (A$8.5bn) when it raised US$100 million in late 2022, turns 10 next year, having raised US$902 million in the seven years since it was founded… Read more »

Nick Lissette

Kiwi tech acquisition company Blackpearl is the NZX’s only IPO for late 2022

- November 25, 2022 2 MIN READ

Kiwi tech company Blackpearl Group (BPG) will list on the New Zealand stock exchange next month – the only IPO for the NZX in the second half of 2022. Blackpearl builds, acquires, and markets data-driven cloud services involving productivity and demand generation applications for small and medium-sized businesses (SMB). Its proprietary data platform, the Pearl… Read more »

horse, fall, crash

Payday lending fintech Beforepay tanks on debut

- January 18, 2022 2 MIN READ

Payday lending fintech Beforepay had the $35 million value of its IPO wiped away on debut on the ASX today, with the company’s share price plunging 44% in its first day of trade. Making an early bid for 2022’s worst opening day – the drop saw Beforepay (ASX: B4P) float at $3.41 per share, but… Read more »

deflated balloon

Fintech Butn listed on the ASX and its shares went nowhere

- July 6, 2021 2 MIN READ

Small business transaction financing fintech Butn (ASX:BTN) went nowhere for investors on its ASX debut today with around 2% – 2.5 million – of the company’s shares traded before it, unusually, closing its first day of trade at the IPO price. Having raised $20 million at $0.50 a share for an indicative market capitalisation of… Read more »

caravan, camping

Camplify listed on the ASX and its share price fell

- June 29, 2021 2 MIN READ

Caravan rental platform Camplify listed on the ASX on Monday after raising $11.5 million in an Initial Public Offer. But despite starting the day with good news, upgrading its prospectus forecasts for gross transaction volume (GTV) and revenue, and seeing its listing price of $1.42 rise to $1.50 in intraday trade, shares in the Newcastle-based business… Read more »