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Vicars, Kanaan, Paradice & Coâs fintech to open Till on $800m float
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A bunch of Australiaâs biggest name brokers and fund managers are set to go public with their secret fintech investment, Till Payments.
Street Talk can reveal Till Payments, whose shareholders are a whoâs who of Australian equity capital markets and corporate Australia, has held talks with investment banks about a chunky pre-initial public offering raising and a sharemarket float slated for the new year.
Will Vicarsâ Caledonia is part of a high-profile shareholder register backing Till Payments.Â
David Rowe
It is understood the looming pre-IPO raising will be worth about $50 million â which puts it at the bigger end of pre-IPO cash calls â while the float would value the group at more than $800 million.
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