Fair Go Finance

Fair Go Finance

Fair Go Finance offers personal loans online.

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Edits on 21 Jul, 2020
Edita Rexha
Edita Rexha approved a suggestion from Golden's AI on 21 Jul, 2020
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In January 2017, Frankfurt-based MyBucksMyBucks announced they acquired a 75% stake in Fair Go Finance for AU$3 million, issued through 117,613 shares at €17.67 per share. MyBucks saw the acquisition as a way to expand into the Australasian market with established client base and localized operational knowledge.

Golden AI
Golden AI edited on 21 Jul, 2020
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Acquired by
Acquisition of Fair Go Finance by MyBucks
Edits on 4 Nov, 2019
Golden AI"Remove duplicate fields"
Golden AI edited on 4 Nov, 2019
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Edits on 8 Oct, 2019
Aleksander Holm
Aleksander Holm approved a suggestion from Golden's AI on 8 Oct, 2019
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Skybound Capital, a global wealth management firm, acquired Fair Go Finance in September of 2019 for AU$20 million. They bought a 60% stake from MyBucks. Skybound Capital, with offices in LondonLondon and Hong Kong, felt the acquisition gives them an opportunity to grow in the Australian market.

Aleksander Holm
Aleksander Holm approved a suggestion from Golden's AI on 8 Oct, 2019
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Fair Go Finance, founded in 2008 by CEO Paul Walshe, offers online credit and personal loans. They are a non-banking finance company, which, according to November 2018 data from Australian Bureau of Statistics which showed traditional banks in AustraliaAustralia are losing market share.

Aleksander Holm
Aleksander Holm approved a suggestion from Golden's AI on 8 Oct, 2019
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Skybound Capital, a global wealth management firm, acquired Fair Go Finance in September of 2019 for AU$20 million. They bought a 60% stake from MyBucks. Skybound Capital, with offices in London and Hong KongHong Kong, felt the acquisition gives them an opportunity to grow in the Australian market.

Aleksander Holm
Aleksander Holm edited on 8 Oct, 2019
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Fair Go Finance

Fair Go Finance offers personal loans online.

Article

Fair Go Finance, founded in 2008 by CEO Paul Walshe, offers online credit and personal loans. They are a non-banking finance company, which, according to November 2018 data from Australian Bureau of Statistics which showed traditional banks in Australia are losing market share.

...

Fair Go Finance offers cash loans, car loans, bad credit loans, debt consolidation loans and bond loans. Loans range from $500 - $2,000 with repayments over 3-12 months, $2,000 - $5,000 with repayments over 3-24 months and $5,000 to $10,000 with repayments up to 3 years.

Mergers and acquisitions
MyBucks acquires Fair Go Finance

In January 2017, Frankfurt-based MyBucks announced they acquired a 75% stake in Fair Go Finance for AU$3 million, issued through 117,613 shares at €17.67 per share. MyBucks saw the acquisition as a way to expand into the Australasian market with established client base and localized operational knowledge.

Capfin Money acquired

Announced in August of 2018, Fair Go Finance acquired non-bank Funco Pty Ltd, which traded as Capfin Money. Fair Go Finance felt the merger enable them to better adapt to regulatory and market changes.

Skybound Capital acquires Fair Go Finance

Skybound Capital, a global wealth management firm, acquired Fair Go Finance in September of 2019 for AU$20 million. They bought a 60% stake from MyBucks. Skybound Capital, with offices in London and Hong Kong, felt the acquisition gives them an opportunity to grow in the Australian market.

Infobox
Industry
Personal finance
Location
Mandurah
Company status
Active
Legal name
Fair Go Finance Pty Ltd
B2X
B2C
Tagline
Go forward with us
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Edits on 24 Sep, 2019
Dawson Sewell
Dawson Sewell edited on 24 Sep, 2019
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Fair Go Finance

Fair Go Finance offers personal loans online.

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Dawson Sewell"Initial creation data"
Dawson Sewell edited on 24 Sep, 2019
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Is a
Company
Dawson Sewell"Initial topic creation"
Dawson Sewell created this topic on 24 Sep, 2019
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 Fair Go Finance

Fair Go Finance offers personal loans online.

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