Smart50 to the ASX: Business points platform Pay.com.au eyes IPO
Pay.com.au is reportedly gearing up for an ASX listing, shrugging off market jitters with a plan valuing the business at $850 million.
Fintech platform Pay.com.au is reportedly gearing up for April ASX listing, shrugging off market volatility to pursue a float valuing the business at $850 million.
The Australian Financial Review (AFR) first reported that Pay.com.au has asked investors to back its public listing plan, and its intention to raise a further $85 million as part of the effort.
In a statement provided to SmartCompany, a company spokesperson confirmed Pay.com.au is considering an ASX listing as one of several growth pathways.
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