Sydney-based company OnMarket and Australian Prime Minister Malcolm Turnbull have co-launched a new fintech app which allows retail investors to access the Australian Securities Exchange’s infrastructure and submit bids for shares in companies.
"We’re trying to democratise capital raising. Why are IPOs called Initial Public Offerings when there’s no element of offer to the public? They should be called IIOs – Initial Institutional Offerings,” said OnMarket founder and CEO Ben Bucknell.
On behalf of the […]