Investors seeking to own a slice of start-up small businesses will soon be able to dive in.
Australian IPOs have returned an average 25.9% for the nine months to September, according to the OnMarket 2017 third quarter report.
Financial Technology now available is breaking the stranglehold on access to the IPO market exerted by investment banking firms. Fintech, as it has come to be known, has disrupted traditional approaches to financial transactions ranging from basic banking to commercial loans.
The perception of 'innovation' as a job destroyer and a vote loser could be turned around by the newfound ability for Australia's 2 million private businesses to offer shares to ordinary investors, industry observers say.
FinTech Australia this morning announced the finalists for its first-ever industry awards. The winners for the 30 awards will be revealed at a gala ceremony in Sydney on May 24.
OnMarket members have a significant appetite for quality tech business with strong growth prospects, and UUV Aquabotix clearly met this expectation
The initial public offering market has made a strong start to the year with the number of companies listing on the ASX during the first quarter of calendar 2017 more than doubling the previous corresponding period.
IPOs returned an average of 18.3% in the March quarter, outperforming the ASX200 index by 14.8%, according to the OnMarket 2017 First Quarter IPO Report.
The lucrative world of capital-raising is no longer reserved for the mega-rich thanks to OnMarket, a Fin-tech app that promises to democratise IPOs (initial public offerings, or floats).
In this fast-paced digital world there’s already an app for everything—and investing is no exception. For people who are living paycheck to paycheck, or those who don’t want to grapple with the tedious task of creating a budget, these investment and money management apps are a godsend. Only one question remains: do they actually work?
Tech stocks that listed on the ASX in 2016 have comfortably outshone their counterparts from other sectors, with stronger returns for shareholders in their first year of public life.