Birchal releases CSF Industry Report
Birchal's FY24 CSF Industry Report shows stable funding volumes and 16% growth in companies using equity crowdfunding in Australia, with $64.5 million raised from 35,000 investments.
The report reveals Open Banking's rapid growth, with a 30% compounded growth rate between October 2022 and March 2024.
The Salter Brothers Tech Fund has led a $4.9m investment in Marketboomer, a proptech company offering a B2B eProcurement SaaS platform for the hospitality industry.
Novatti Group Limited has reported strong market traction with a pipeline of over 500 new merchants to be onboarded by the end of H1 FY25, following its transition to a market-led, customer-focused strategy.
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