acquistion Archives

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Insurance giant IAG has paid millions for a majority stake in vehicle hire startup Carbar

Simon Thomsen - July 19, 2019 3 MIN READ

Carbar CEO Des Hang (right) with his co-founders Davie Saw, Kenneth Teh and Richard Chen. Source: supplied The Melbourne startup has introduced monthly subscription car hire to Australia It’s just launched in Sydney and will use the cash injection to roll out nationally in 2020 IAG is hoping to gain a better understanding of consumer… Read more »

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Sydney fintech startup zipMoney raises $20.6 million to fund proposed acquisition of Pocketbook

Liz Leigh - June 8, 2016 3 MIN READ

Sydney fintech startup zipMoney has announced an oversubscribed placement of $20.6 million to institutional and sophisticated investors. The placement is part of zipMoney’s funding plan to further expand its product offering, rollout new payments product zipPay and acquire personal finance management software, Pocketbook.