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Daily Archives: October 16, 2018

THE BUX STOPS HERE: How a Perth fintech that raised $65 million ended up in liquidation – Business Insider Australia

LiquidationBy Insolvency GuardianOctober 16, 2018

A Perth-based startup with an app promising cheap international money transfers has been put into liquidation. The Federal Court was told that Bux Global raised at least $65 million. Evidence was given to the court that cash raised went to fund the private expenses of those associated with the startup and that the app didnt…

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