Shaw and Partners appointed as Lead Manager to a pre-IPO capital raising by Beforepay News01 Dec 2020

Shaw and Partners is pleased to be appointed as Lead Manager to a pre-IPO capital raising by Cheq Pty Ltd (Beforepay)

 

Beforepay is seeking to raise up to $8.0m, with the ability to accept oversubscriptions, by way of an issue of unlisted convertible notes. 

 

Beforepay will utilise the proceeds of the offer to fund loan book growth, customer acquisition and working capital.

 

The offer is available to Australian resident Sophisticated and Professional Investor clients only. 

 

For more information please contact your Shaw and Partners Adviser.

 

About Beforepay

Beforepay provides working people with access to a portions of their Pay on demand for a fixed 5% transaction fee, paying it back in 4 week flexible instalments with no interest ever. Beforepay is used for everything BNPL does not cater for, such as bills, entertainment and life experiences, taking advantage of an identified gap in the market. www.beforepay.co

 

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