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Brisbane fintech Propell prepares for float – The Australian Financial Review

Brisbane-based small business credit provider Propell is gearing up to be the next fintech to hit the ASX boards.

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Brisbane-based small business credit provider Propell is gearing up to be the next fintech to hit the ASX boards.
IPO hopeful Propell provides its customers with lines of credit of up to $100,000. Louie Douvis
Street Talk understands the finance platform business has drafted in PAC Partners for an initial public offering and is aiming to hit the local bourse in April.
It is understood Propell will seek to raise $5 million in the IPO, which would imply a $19.2 million post-money valuation.
The company…

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