Squirrel Group to launch $5mln private equity crowdfunding offer

Mon, 07 Mar 2016

By Fiona Rotherham March 8 (BusinessDesk) - Mortgage broker and peer-to-peer lender, Squirrel Group, is launching a $5 million equity crowdfunding private offer today, in what’s likely to be its last capital-raising before an intended sharemarket listing next year. The capital raised will be used to grow its mortgage broking business, Squirrel Mortgages, and develop the country’s second peer-to-peer lending business, Squirrel Money, which launched in November last year. The offer effectively values the eight year-old company at $22.9 mill...

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