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Peppermint Innovation Secures $3M Funding, Navigates Cybersecurity Setbacks

6:03pm on Sunday 1st of June, 2025 AEST Financial Services
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Peppermint Innovation Secures $3M Funding, Navigates Cybersecurity Setbacks

6:03pm on Sunday 1st of June, 2025 AEST
Key Points
  • Secured AUD$3 million convertible note from Obsidian Global GP LLC
  • Divested PINT subsidiary to recoup acquisition and operational costs
  • Cybersecurity measures led to 23% revenue decline but protected customer funds
  • Innovation Advisory Board formed with Microsoft’s Shashank Pawar appointed
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