IOUpay (ASX: IOU) provide fintech and digital commerce software and services across South East Asia (SEA) markets. Since our last update, the company’s growth story has continued with their rebranding to IOUpay (previously iSentric), refinement of its business model and rollout of its Buy Now, Pay Later (BNPL) capabilities.
"Since being involved with the company, IOUpay's share price has grown over 1000%, representing an excellent time to raise a large amount of growth capital without significantly diluting the company.
Aran Anandakumar, Analyst
Working alongside IOU we structured and led the deal, raising $10,000,000 in an on-market placement across two tranches. The placement was strongly supported by new and existing institutional and sophisticated investors, receiving bids of nearly $30,000,000. The transaction closely aligns with the IOU’s plan of accelerating its market position as a leading digital payments provider in South-East Asia.
At Barclay Pearce we are deeply committed to meeting the strategic goals of our corporate clients. We take a long term view in establishing a partnership and develop a clear growth trajectory for each one of our clients so that we can really quantify and execute in every transaction.
We operate in a space that demands the highest standards and IOU is a recent example of our successes and one that we are very proud of.
To learn more about IOUpay, the extensive mobile banking and digital payments sphere: