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.
Fresh initiatives are emerging in the world of online property advertising, as the sector embraces technology to effectively market residential real estate.
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.
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.
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
IT is a familiar tale in the online business world – a local innovator offshores its development work in an emerging market and then seeks to crack a big market like the US as a company maker.
Perth-based Rent.com.au Pty Ltd has formed a partnership with internet company Yahoo!7 to provide a rich user experience for Australian renters and landlords.