Startup fraud-prevention and identity verification platform, FrankieOne, has closed its Series A $20m capital raising, attracting an all-star investor cast ranging from Robinhood CEO to DJ duo The Chainsmokers. It was originally backed by AirTree Ventures, Greycroft, 20VC, Tidal Ventures, MantisVC, APEX Capital Partners and ReInventure. So what is FrankieOne? Launched in 2017, Co-founders Simon…
The Redbubble Ltd (ASX: RBL) share price is currently down 9% after releasing its FY22 first-quarter update. Why is the Redbubble share price being crunched? Investors pay close attention to how much growth a business reports. Sometimes, a quarterly update can have a major impact on investor thoughts. Though, arguably, one quarter shouldn’t necessarily have such a…
Italian football club, S.S. Lazio, of the Italian league (Series A), has found itself with a new sponsor after signing a partnership agreement with cryptocurrency exchange, Binance. An unusual partnership it may be, nonetheless the deal was done and as stated on the club website, “SS Lazio SpA is pleased to announce a partnership agreement…
On Wednesday, the Commonwealth Bank of Australia (ASX: CBA) hosted its Annual General Meeting (AGM) with shareholders. Both Chairwoman Catherine Livingstone AO and Chief Executive Matt Comyn addressed the audience. Here are three notable points for shareholders to keep in mind from the prepared remarks. 1. Happy wife (workers), happy life One set of statistics from the AGM stood out. Of the…
Where CRE debt fits in a defensive portfolio with an income focus The problem with bonds Times are tough for investors or advisers looking to add value through a defensive portfolio. Defensive, or income assets, aim to provide income rather than capital growth. They generally carry a lower investment risk than shares or property, with…
The IPO market is absolutely booming. To put it mildly. Never have we seen this much enthusiasm from cashed up investors, ready to splash their cash as they hunt for the next ten bagger. This year 135 new companies listed on the sharemarket, which is almost on par with the highest number of listings ever…
Financial advisers are generally bound by the terms and conditions contained in a prospectus or product disclosure document (PDS) issued to a retail investor when buying securities or a financial product. But under the Corporations Act 2001, a ‘sophisticated investor’ or a ‘wholesale client’ receives special treatment and is exempt from receiving regulated disclosure documents,…
