Startup · $6m raised
Sydney, NSW
Every investor coverage indicates participated in a round Douugh raised.
The transaction that ended Douugh's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 6 Oct 2020 | - | SmartCompany, Startup Daily (Mon 26 Oct 2020), Startup Daily (Tue 6 Oct 2020), Australian FinTech (Tue 6 Oct 2020), Startup Daily (Mon 28 Sep 2020), Australian FinTech (Fri 4 Sep 2020) |
Companies Douugh acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Douugh. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Profile of Ethic Adviser, a sustainable-investing tool for advisers built by Tom Culver, which is seeking $1 million in seed funding and has partnered with Count Financial; Culver earlier sold Goodments to Douugh.
Startup Daily reports neobank Volt is winding up, returning deposits and selling its mortgage book after a failed capital raise, recapping earlier raises by Judo Bank and Alex plus past neobank failures and acquisitions.
Techboard's year-end roundup catalogues November funding activity: big raises for Rokt, Harrison.ai and Pet Circle, five acquisitions, Investible's second fund closing at $51.6m, plus a watchlist of companies still seeking capital.
Also Australian FinTech
Australian micro-influencer marketplace Tribe has secured $5.5 million in pre-IPO funding from Saville Capital, Cyan Capital and SG Hiscock, with chief executive Anthony Svirskis weighing an IPO amid strong public-market appetite for tech stocks.
Sydney BNPL fintech Limepay has raised $21 million from existing investors in a pre-IPO round, seven months after a $6 million raise, with EB Games signed as a client.
Also SmartCompany·Australian FinTech·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Australian FinTech
Neobank Douugh debuts on the ASX via reverse takeover of suspended telco Ziptel, after a $6 million Series A raised ahead of the float, with US beta launch underway.
Also Startup Daily
Fintech Douugh plans to list on the ASX this week via reverse takeover of suspended telco Ziptel, after recently raising $750,000 through equity crowdfunding within a $6 million series A.
Also Startup Daily
Douugh closed a $6 million capital raising and is set to list on the ASX via a reverse takeover of Ziptel, with a US launch planned before Christmas.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Australian FinTech
ZipTel has signed a binding agreement to buy all of Douugh, planning to relist on the ASX under the Douugh name while the AI fintech scales its US smart bank and adds banking partners.
Profile of Andy Taylor's fintech Douugh, an AI financial wellness platform already live in the US, recalling Monex's June strategic investment and a MasterCard partnership, with an ASX listing planned.
Andy Taylor profiles his AI financial wellness platform Douugh, detailing Monex's strategic investment, a Mastercard partnership and a planned ASX listing, while arguing it rejects the neobank label.
Douugh's chief executive argues the big banks are slowing open banking's rollout, and says his fintech is preparing an ASX listing with Monex's partnership while keeping its base in Australia.
Neobank Douugh announces a strategic pre-IPO investment from Japan's Monex Group, its third global partnership, with future collaboration planned in wealth management including cryptocurrency across key markets.
Neobank Douugh is reportedly planning an ASX listing within about a month, hoping to raise $10 million, with founder Andy Taylor previously co-founding P2P lender SocietyOne.