Grant Austin

Pay.com.au postpones IPO plans as Iran war spooks investors

Payments fintech Pay.com.au shelved its planned ASX float amid war-driven market volatility, completing a private placement first reported at $20 million ($750 million valuation), ultimately $40 million at $753.4 million.

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Pay.com.au hits $633 million valuation after $25 million raise

Melbourne fintech pay.com.au has banked $25 million for a US push, Morgans Corporate leading, with Wilson Asset Management, Thorney Group and Ophir participating, at a pre-money valuation of $633 million.