A New York-based hedge fund has moved to majority ownership of specialist business lender Radium Capital after purchasing a 50 per cent stake in the Perth-based company.
A timely dose of regulatory assistance is benefiting Australian financial technology startups, according to CrowdfundUP founder and managing director Jack Quigley.
Tax reductions earned plaudits from the business community, with the budget's cuts in both tax company and income tax burdens likely to inspire confidence, particularly in Western Australia.
Perth-based financial services firm Kikka Capital has partnered with a US financial technology firm to launch an Australian-first online lending platform aimed at small to medium-sized businesses,
Online payday lender Loan Ranger is forging ahead with plans to rapidly expand the business and push into new lending sectors, after securing a multi-million funding injection from London investment bank Liberum Capital.