Property payment fintech Coposit taps Ad Astra for a $10m fundraise

Coposit has hit the fundraising circuit, with the property payments platform engaging Ad Astra Corporate Advisory to open itself to investor scrutiny for the first time and raise $10 million to fund growth.

Coposit has been going since 2021, bootstrapped by property developer brothers Chris and Dan Ferris. The platform allows buyers to pick up an off-the-plan property for $10,000, saving for the remainder of the deposit during the construction and paying the balance in weekly instalments.has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories.

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Source: FinancialReview - 🏆 2. / 90 Read more »