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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...

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