Australian FinTech company profile #25 – Radium Capital
Question-and-answer profile of Radium Capital, a Perth fintech advancing quarterly R&D tax refunds, recalling a sell-down to US fund Brevet Capital that lifted its ownership to 50%.
Company
New York
Every investor coverage indicates participated in a round Brevet Capital raised.
Companies Brevet Capital acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Brevet Capital. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Question-and-answer profile of Radium Capital, a Perth fintech advancing quarterly R&D tax refunds, recalling a sell-down to US fund Brevet Capital that lifted its ownership to 50%.
Perth R&D lender Radium Capital has brought in a New York hedge fund affiliate as a half owner, adding to its earlier US$100 million advance facility and locking in funding for future growth.
A New York financial firm has tripled its holding in a Perth-based financing business to half the company, buying out most existing shareholders including Tony Brennan in a multimillion-dollar share transaction.