Unlike social media giant TikTok, local fintech Tic:Toc is not stuck on a loop.
Fresh from scoring a $25 billion funding deal, it has called in the bankers to oversee its Series D capital raising before a listing in the next 24 months.
The digital mortgage player has brought on board Highbury Partnership to run the raising, despite JPMorgan being tapped to run a similar deal last year.
Although it has $1.2 billion of loans on its books, there’s plenty of room for growth as it aims to take a larger chunk of Australia’s $2.1 trillion mortgage market.
Australian fintech and digital mortgages originator Tic:Toc wants to lure some deep-pocketed equity investors ahead of a potential shareholder listing.
For all the bluster about private equity and private capital hunting down ASX-listed targets, there’s not been a lot of completed deals at the big end of town.
Infant milk formula hopeful Happy Valley Nutrition has caught the eye of a strategic investor that’s keen to help turn its production pipedream into reality.
