WA-based Rent.com.au has inked a $10 million funding facility to launch a new product, offering a move-now-pay-later loan designed to cover rental costs.
Our board moves wrap includes John Gardner, Ronnie Beevor, Brandon Munro, Alison Terry, Gavin Chamberlain, Stephen Dennis, Trey Jackson, Andrew Chapman, Xavier Kris, Michael Pereira, Shane Sadleir, and Karen Koh.
Perth-based rentals site rent.com.au has looked towards institutional investors to raise $2.5 million to lift the profile of its portable payments and planning app, RentPay.
Primewest has postponed the spin-out of a new $285 million commercial property trust, citing market volatility, with Macquarie Bank and rent.com.au among other listed companies to change their capital raising plans.
Biotech company Zelira Therapeutics has received commitments to raise around $4.6 million from a share placement, while rent.com.au is planning an underwritten $2.9 million rights issue.
Fresh initiatives are emerging in the world of online property advertising, as the sector embraces technology to effectively market residential real estate.
Carnegie Wave Energy has topped Techboard's startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.
Former iiNet executive Greg Bader has been officially installed as chief executive of online property portal rent.com.au, following founder Mark Woschnak's retirement last month.
Founder and managing director of Perth-based online property portal rent.com.au Mark Woschnak has announced his immediate resignation from the business.
Perth tech companies Norwood Systems and rent.com.au have completed capital raisings worth a combined $9.3 million, with Norwood planning to raise a further $1.5 million to fund further marketing of its products.
Perth-based online property portal Rent.com.au is making good on its ambition to become the website of choice for renters, with traffic to its website surging past 500,000 unique visitors during the month of October.
SPECIAL REPORT: Two years on, the surge in ASX backdoor listings shows little sign of slowing, helping innovative technology businesses in Perth, interstate and overseas to raise capital.
It has been a tough year for WA's once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.
The wave of backdoor listings on the ASX has delivered nearly $90 million of extra capital to the tech sector in Western Australia, but the trend hasn't all been positive, research by Business News has found.
Online property rental company rent.com.au has commenced its first day of trading on the ASX, after being acquired by Select Exploration in a backdoor listing.
Select Exploration has brought in a new broking firm to support a $5 million capital raising, ahead of its planned reverse takeover of rent.com.au, after Bailleau Holst backed out of its appointment as joint lead manager.
A surge in the number of backdoor listings was one of the few positives on the stock market in 2014, and two new deals for technology companies show there is more to come.
Perth-based residential rentals-dedicated website rent.com.au is going public, unveiling a $10 million-plus plan to list on the Australian Securities Exchange via a backdoor listing through Select
