Featured Articles
BMYG raises $100m, funds under management swells to $500m
It’s been a big few months for fund manager BMYG Financial Group. The wealth management firm has raised $100 million from predominantly high net worth investors, in a sign of support for its “global unicorns” investment strategy. BMYG founder Eric Gao wants to hit $1...
VBreathe investors double down in pre-IPO raise
Air purification and detoxification technology company VBreathe is raising up to $10 million in a pre-IPO capital raising slated to close next week. Mohit Sharma with VBreathe's air purification and detoxification device The company, which has an air detoxification...
BMY Group snaps up Klarna shares in secondary sale
Thanks to Square’s $39 billion bid for Afterpay, there are few markets as hot as the buy now pay later space, but one Melbourne investment group bought in just in the nick of time. Shortly before the largest deal in local M&A history, it’s understood that...
Rich Data Corporation secures $15 million to accelerate growth
Rich Data Corporation (RDC), an industry-leading AI credit risk management platform, has raised $15 million via a strongly supported and upsized funding round. The round introduced new investor BMY Group and a small number of well-known technology / high net worth...
Rich Data Corporation raises $15 million from BMY Group after winning NAB as a customer
Only 15 months after being in danger of collapse, artificial intelligence-powered credit risk management software company Rich Data Corporation has secured $15 million in a round led by BMY Group, with the funds set to propel its growth in Australia and New Zealand....
OpenMarkets Group shakes up board ahead of IPO
Wealth management fintech OpenMarkets Group has shaken up its board and executive teams ahead of an ASX listing that is coming imminently, according to the company‘s chief executive Ivan Tchourilov. The software company, which recently closed a $10m pre-seed funding...
Bridging the international investment gap
Despite recent hiccups in the bilateral relationship between Australia and China, reflected in trade and political flare-ups, it appears there is still plenty of optimism about the longer-term economic prospects between the two regional powers. A recent KPMG and...
Melbourne’s BMYG launches first Chinese investor matchmaking app in Australia
The hunt for more Chinese capital continues as Melbourne-based corporate advisory and wealth management firm BMY Group (BMYG) launches Australia's first Chinese investor matchmaking platform, Allfin. The platform will offer private equity deals in all industries as...
BMY Group hit by China investment crackdown
Melbourne-based corporate advisory and wealth management firm BMY Group, which targets Asian investors and companies, has backtracked on plans entice Asian investment in its Australian start-up venture capital fund due to China's crackdown. In December last year BMYG...
BMY Group seeks Asian investors for $50m fund to back Aussie tech start-ups
Melbourne-based corporate advisory and wealth management firm BMY Group, which targets Asian investors and companies, is raising $50 million for its first venture capital fund that will focus on Australian start-ups whose sights are set on Chinese expansion. Despite...