XSallarate Announces $3.88m Capital Raise for Pin Payments
XSallarate today announced the successful completion of its capital raising for local fintech payment platform Pin Payments <link to website> with Vix Investments. The investment was made up of $3.1m in new direct investment and the conversion of a pre-existing note.
“Pin Payments is a great Australian success story. By joining an investor with such deep domain knowledge and connections with fintech as the Vix group with one of our best up and coming fintech businesses creates the ideal investment outcome” said XSallarate Managing Director Campbell Sallabank.
XSallarate Announces Beanhunter Investment
XSallarate Presents on Capital Raising at Plugg Business Forum 2014
XSallarate Raises Capital for Philippine Call Centre Business Cube International
XSallarate today announced that it had successfully closed an investment for Manilla based call centre business Cube International. Cube services both the Australian and US utilities markets and will be using the capital to expand its operations.
XSallarate Instrumental in MetaCDN securing $2.3m from Starfish Ventures and Melbourne Ventures
XSallarate worked with the team at MetaCDN to secure investment from Melbourne Ventures and Starfish Ventures. The engagement included development and implementation of the commercialisation plan, funding completion and execution tracking post investment.
http://blog.metacdn.com/starfish-ventures-leads-us-2-3m-investment-in
XSallarate Launches
Experienced technology executive and management consultant Campbell Sallabank today announced the launch of his latest venture XSallarate Pty Ltd. “Despite the current difficult financial times, there is a lot of money ready to be invested and lots of people looking for capital.” said Mr Sallabank. “Many are good businesses but are simply not investable as there are too many holes. XSallarate has been created to fill these holes and to create and implement exciting growth strategies with these businesses.”
“Venture Capital firms may only invest in 1 in 100 proposals received however 10 in 100 are in fact still very good businesses that are ‘not quite right’. These are the businesses that can be knocked into shape over a few months. With a clear and strong strategy, a solid team and solid financial projections, the business is then ideally positioned as an attractive investment.” said Mr. Sallabank.
XSallarate was formed after researching and testing the concepts over 12 months which included work with firms such as Starfish Ventures and many other local firms. XSallarate also works closely with its sister business Crisp Hill Investments Pty Ltd.