News

Number of news items returned: 141 to 160 records of 404

Completion of Squirel Limited Due Diligence

19 July 2016

(11176 views)

"Further to the announcement on 8 July 2016,  Metallum Limited is pleased to provide an update on its  proposed acquisition ...

Freedom Suites Launch at Brisbane Hair and Beauty Expo

19 July 2016

(11307 views)

"Freedom Suites has officially launched the salon suite concept at Brisbane Hair and Beauty Expo, 17th and 18th July, with ...

Benojo - Latest News - July 2016

19 July 2016

(11032 views)

"Benojo celebrate almost $3m of donations on its platform in 2016...reach a milestone of 6000 users and 50 corporate clients" Martyn ...

Capital Raising progressing with Round 1 fully subscribed

15 July 2016

(10879 views)

"Freedom Suites Ltd has recently closed Round 1 of its capital raising fully subscribed and has extended the offer for ...

Ocular Robotics ASSOB offer closing 17 July 2016

12 July 2016

(11607 views)

"Ocular Robotics’ current share offer on the ASSOB board closes on the 17th July 2016 and I would like to ...

DSTG Therman Stress Analysis Collaboration Featured at Partnerships Week

12 July 2016

(10889 views)

"As reported earlier the Defence Science Technology Group (DSTG) have through an R&D collaboration been pursuing a development with Ocular ...

Incentives, Introductions and News - Funding Strategies Connect June July 2016

01 July 2016

(9479 views)

Dear Readers, From 1st July 2016, the Australian Government is introducing tax incentives for early stage investors. "If you invest in ...

Nifty R&D Special Offer

30 June 2016

(11254 views)

"Submit with Nifty R&D on or before 31st Aug to receive 25% off the cost of your R&D claim" Brendan White, ...

Qponics awarded $1m CRC-P Grant

30 June 2016

(10861 views)

"Queensland-based omega-3 algae farming company, Qponics, has been awarded a $1 million grant to construct a commercial-sized algae farm in ...

Freedom Suites to exhibit at Brisbane Hair and Beauty Expo

29 June 2016

(10810 views)

"Freedom Suites are pleased to announce that they will be exhibiting at the upcoming Brisbane Hair and Beauty Expo on ...

Opmantek continues strong growth and increases presence with new configuration technology

27 June 2016

(11527 views)

"Opmantek continues strong growth and increases presence in the Network Automation Market with new configuration technology" Danny Maher, Managing Director, Opmantek ...

ICS June news

24 June 2016

(10497 views)

"Certification Bodies Seek to Bridge their Skills Shortage", "Cutting Edge and Exclusive Food Security Training", "Asian Footprint in Training and ...

Squirrel & Metallum Sign Binding Heads of Agreement

17 June 2016

(11707 views)

"The Board of Metallum Limited (ASX:MNE) is pleased to announce that it has executed share sale agreements with the shareholders ...

Benojo - Latest News - June 2016

15 June 2016

(10526 views)

"As the client base grows and tech releases are almost daily Benojo is establishing itself as a philanthropic platform of ...

Ocular Robotics Releases 'RobotEye Thermal' Product Range

15 June 2016

(10479 views)

"Ocular Robotics is excited to announce the release of the RELW60 Thermal product range. This extension of the RobotEye product ...

Ocular Robotics: Successful Demonstration to US Defence

15 June 2016

(10278 views)

"The company is pleased to announce a recent successful demonstration of one of OCR’s products integrated onto a target platform ...

REHS25 Hyperspectral Sees Beyond Human Vision

15 June 2016

(10102 views)

"Of particular note in the demonstrations shown recently at the Image Sensing Show in Yokohama by OCR’s Japanese distributor ViewPLUS ...

Simultaneous Impressive Displays by OCR's Japanese Distributor ViewPLUS Inc.

15 June 2016

(9987 views)

"Ocular Robotics’ distributor in Japan, ViewPLUS Inc. had an impressive display of the company’s products at the Image Sensing Show ...

Paradigm & IODM - Offers Extended

03 June 2016

(11185 views)

"Paradigm Metals Limited is pleased to announce that it has received conditional approval from ASX to the re-quotation of its ...

Introducing Freedom Suites, Benojo, EOI's and News - Funding Strategies Connect May June 2016

30 May 2016

(10703 views)

Introducing Freedom Suites, Benojo, EOI's and News - Funding Strategies Connect May/June 2016 Dear Readers, I had a very interesting time visiting ...

A Perfect Storm for PictureWealth

21 June 18

 

A Perfect Storm for PictureWealth

 

"PictureWealth’s capital raise is off to a good start with the company having successfully banked $645k, in addition to the $1.2m already raised, with current momentum indicating early investment is key as PictureWealth takes the lead in this space.[...]

Recent media about the challenges in the financial services industry has highlighted a perfect storm for PictureWealth. Three key events that prove a compelling case for the business model are:

  1. The mass financial adviser exodus meaning that $900 billion will be looking for a new home within the next 5 years as the reality of tougher educational standards sets in. These orphaned clients are well placed to be serviced by the digital financial advice platform that PictureWealth has built;
  2. The Banking Royal Commission has decimated the reputation of some the largest financial institutions with key assets now available for purchase. Moreover, one of the big financial services licensees has been wound up triggering advisers and clients alike to find a new home; and
  3. The Open Banking regime has been earmarked for mid-2019, leaving PictureWealth well ahead of the curve as a FinTech that can interact with, and act on the data that we will be available to access.

PictureWealth’s goal is aligned with this disruption in moving the old world of finance into the new, and creating some great outcomes for the people that they service. Moreover, it creates sizable opportunity for the partners that they collaborate with."

 

David Pettit, Managing Director & Founder, Picture Wealth Pty Ltd, 21 June 2018.

Please read the full announcement via the link below.

Additional Documents

20180621_PictureWealth_Raises_Capital_Announcement1