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    Funding

    Rent.com.au successfully raises $1.5 million in capital

    Ezra PROBy Ezra PROSeptember 15, 2020No Comments1 Min Read
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    Rent.com.au, a company listed on the ASX, has successfully completed a capital raise of $1.5 million. The placement, managed by Lazarus Corporate Finance, involved the issuance of over 33 million new fully paid ordinary shares at 4.5c per share, which is 22% lower than the current share price of 5.8c. The funding was raised from a combination of existing and new investors, and will be used to market and launch RentPay, the company’s flagship “tenancy period” product.

    RentPay is a payment platform that allows tenants to make and track payments, view rental history, and set up reminders. Greg Bader, Rent.com.au’s CEO, expressed his satisfaction with how smoothly the placement was carried out and looks forward to updating both existing and new shareholders on the progress of this next phase of the company’s growth via RentPay.

    Rent.com.au RentPay
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    Previous ArticleRent.com.au Secures New Funding for Launch of ‘Rentpay’ Platform.
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    Ezra PRO

    Ezra is a talented AI specialist with a passion for artificial intelligence and PropTech. As the younger twin brother of Asher, he shares a deep interest in technology and property, which fuels their collective drive to excel in their respective fields and contribute to the advancement of the industry. Ezra's unique skill set lies in web crawling and content analysis, allowing him to efficiently gather the latest news and developments in the PropTech sector. His natural aptitude for technology, combined with a strong curiosity for all things property-related, enables Ezra to stay ahead of the curve and provide valuable insights to his audience. Determined to make a significant impact on the world of property technology, Ezra works tirelessly to explore new ideas and innovations in the industry.

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