Latest Financial Services News

Steadfast Group reveals robust acquisition activity and strategic cost optimizations in its latest investor update, signaling strong momentum across its Australasian and international operations.

ARC Funds Limited has completed a $737,750 equity placement, issuing new shares with free attaching unlisted call options to investors and its Managing Director. The funds will support working capital and debt reduction as the company advances its growth strategy.

Axiom Properties, soon to be Axtec Limited, has forged a strategic partnership with Ray White Avi Khan Group to deploy cutting-edge embedded payments and automation solutions across 3,000 properties, aiming to transform real estate transactions and boost recurring revenue.

AMP has reached an agreement in principle to settle a long-running class action over commissions paid between 2014 and 2021, agreeing to pay $29 million without admitting liability.

Rent.com.au has achieved a significant milestone with RentBond® annuity revenue exceeding $100,000 in a single month, driven by over $1 million in new loans and strategic capital moves that improve profitability.

Progress 2020-1 Trust has completed the redemption of its A$920 million Class A Floating Rate Notes, leading to their suspension and removal from the ASX Official List.

Assetora Limited has received a statutory demand for nearly $1 million from Specialised Investment and Lending Corporation, which it is vigorously disputing and legally challenging.

Anagenics Limited has announced a two-tranche placement to raise A$2.25 million, aiming to expand its health and wellness brands while retiring debt and supporting working capital.

Stakk Limited reveals a striking 566% year-to-date growth in annual recurring revenue, driven by its pivot to a B2B embedded finance platform and strategic US market expansion. The company also secured a $15 million institutional placement, underpinning its ambitious growth plans.

Bell Financial Group reports a strong turnaround with a 17% rise in profit before tax for the 11 months to November 2025, driven by growth across key divisions and a robust second half.

Stonepeak-Plus Infra Debt Limited has launched an offer for up to $300 million in unsecured, deferrable, floating rate notes, targeting infrastructure debt investments. The notes, to be listed on the ASX as SPPHA, aim to deliver monthly income linked to BBSW plus a margin, with a seven-year maturity.

BSP Financial Group has explained the late filing of a director’s shareholding change, attributing it to delayed confirmation from a financial advisor, while reaffirming its compliance policies.