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Douugh (ASX:DOU) IPO cooks on debut

Neobank Douugh (ASX: DOU) shares are up 30% at the time of writing, and up a whopping 1100% after a successful backdoor listing on the ASX at 3c. Neobanks (or digital banks) are simply new app-based banks. No branches, no cash, and interaction entirely through a smartphone app. Although dubbed a neobank, Douugh is so…

Ishan Dan | 21st Oct 2020 | More
The Next FinTech Helping Aussies Save

Helping Australians save money during the recession.

Ishan Dan | 22nd Sep 2020 | More
Cash rates whittled away

The Reserve Bank has not changed the cash rate since March, when it cut twice, but banks and other deposit takers have been active over the past couple of months trimming at-call and term deposit rates. Investors need to keep on top of how this is impacting their cash holdings. Recent cuts by the big…

Drew Meredith | 18th May 2020 | More