News

Number of news items returned: 81 to 100 records of 415

EOFY Opportunities & Updates - Funding Strategies Connect June 2017

20 June 2017

(8433 views)

  EOFY Opportunities & Updates - Funding Strategies Connect June 2017   Dear Readers, The end of the financial year is fast approaching and ...

Tooth Booth Appoints Board Members

19 June 2017

(8954 views)

  "Tooth Booth Appoints Board Members"   "Tooth Booth’s Managing Director, Darren Berry, is pleased to announce that the Company has appointed Debra Burden ...

"The Tooth Booth to undertake capital raises ahead of longer-term IPO - owner"

16 June 2017

(8581 views)

"The Tooth Booth to undertake capital raises ahead of longer-term IPO - owner"   "The Tooth Booth, an unlisted public Australian dental ...

CXi delivers Seed Clients into Beta and increases Development Team

16 June 2017

(8289 views)

  "CXi delivers Seed Clients into Beta and increases Development Team"   "CXi software is pleased to announce it has migrated two of ...

"Time to replace that bucket" says Trustee Tailored Super

10 June 2017

(8782 views)

  "Time to replace that bucket" says Trustee Tailored Super   "We continue to highlight, that without Smart Defaults like TTS, in 2050 ...

The Tech Corner: BioCube

31 May 2017

(9831 views)

  "The Tech Corner: BioCube A shipping container that processes waste and plant materials into green energy that can run engines and ...

Tractile shades Tesla

25 May 2017

(10939 views)

  "Tractile leaves Tesla solar roof tiles in the shade   Renowned global entrepreneur Elon Musk’s latest product offering, solar roof tiles, are ...

Tooth Booth, CXi Software, News and Events - Funding Strategies Connect May 2017

19 May 2017

(10610 views)

  Tooth Booth, CXi Software, News and Events - Funding Strategies Connect May 2017 Dear Reader, Welcome back for the May edition of ...

Tooth Booth Westfield North Lakes to open August 2017

18 May 2017

(10531 views)

    "Tooth Booth Westfield North Lakes to open August 2017   Tooth Booth are in final discussions with Westfield North Lakes to open ...

Merger Brings Global Financial Network to Melbourne

05 May 2017

(11592 views)

  Merger Brings Global Financial Network to Melbourne    Fast growing capital markets group BlueMount Capital has welcomed Melbourne-based corporate advisory and investment ...

Myriad, Clients and Associate news - Funding Strategies Connect April 2017

20 April 2017

(13074 views)

Myriad, Clients and Associate news - Funding Strategies Connect April 2017   Dear Readers, Welcome back for another edition of our monthly newsletter, ...

BPC Residential Funds - Fully Subscribed

13 April 2017

(13332 views)

  " WE ARE PLEASED TO ANNOUNCE BOSS PRIVATE CAPITAL RESIDENTIAL FUND NUMBER 1 & 2 ARE BOTH NOW FULLY SUBSCRIBED"    Paul Harragon, Managing Director, ...

BPC: Residential Funds - Fully Subscribed

13 April 2017

(13073 views)

  " WE ARE PLEASED TO ANNOUNCE BOSS PRIVATE CAPITAL RESIDENTIAL FUND NUMBER 1 & 2 ARE BOTH NOW FULLY SUBSCRIBED"   Paul Harragon, Managing ...

Future Asset Management International (FAMI)

11 April 2017

(13178 views)

  "Future Venture Capital Offer (FVCO) Our innovative Future Venture Capital Offer (FVCO) provides a compliant VCLP structure for a wide range ...

"Equity crowdfunding bill passed, but proprietary companies still excluded"

20 March 2017

(16209 views)

"Equity crowdfunding bill passed, but proprietary companies still excluded"   "Retail investors will from September be able to buy up to $10,000 ...

Funds, Introductions and Updates - Funding Strategies Connect March 2017

17 March 2017

(12674 views)

Funds, Introductions and Updates - Funding Strategies Connect March 2017 Dear Readers, It has been a busy first quarter so far with ...

Trac Group roll out of Tractile Solar Roofing gains momentum

16 March 2017

(16508 views)

  "Trac Group roll out of TractileTM Solar Roofing gains momentum   Trac Group's strategy to build a network of distributors continues to ...

QinetiQ Selects RobotEye Thermal System for Their CUAS Product Family

14 March 2017

(13802 views)

  "QinetiQ Selects RobotEye Thermal System for Their CUAS Product Family   As the use of drones proliferates, their level of sophistication increases ...

Smarter MySuper defaults

13 March 2017

(13433 views)

  Smarter MySuper defaults    "Are Super Funds being hypocritical? Telling their members who have made an investment choice and are engaged (circa 20%), ...

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