Archives for September 2017

September 29, 2017

RateSetter Australia completes significant capital raising

This month we completed a $10.5 million capital raising, led by private equity investor Five V Capital, with additional support from our existing shareholders and other professional investors.

Adrian Mackenzie, founder and partner of Five V Capital, will join the RateSetter board, which recently expanded to include former ING Direct CEO Vaughn Richtor.

This capital raising provides a strong endorsement of the progress we have made to date in building a mainstream alternative to the bank model of investing and borrowing in Australia.

Read more - https://www.ratesetter.com.au/blog/posts/ratesetter-australia-completes-significant-capital-raising

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