RateSetter Australia Considers IPO

RateSetter Australia is looking into a potential IPO this year at a valuation around AUS$300m (£157.6m); according to Peer2Peer Finance News the company has hired Highbury Partnership to advise on the potential deal; the company is looking to list on the Australian Securities Exchange where competitors like Wisr and MoneyMe have listed; Peter Behrens, chief commercial officer of RateSetter UK stated, “RateSetter Australia is a growing business and it is the responsible thing for any growing business to keep its options under review.” RateSetter UK owns 15% of the Australian company. Peer2Peer Finance News

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