Firm acts as bank makes major investment in fintech company

by Sol Dolor18 Aug 2017
Arnold Block Leibler (ABL) has advised in a major fintech investment.

The firm acted for zipMoney, which has entered a strategic partnership with Westpac. In addition to providing a $40m investment, Westpac is also looking into the possibility deploying zipMoney’s products and services across its payments network.

The investment is one of the largest fintech equity investments in Australia, ABL said.

ABL corporate and M&A partner Jeremy Leibler, senior associate Gavin Hammerschlag, foreign lawyer Alon Greenspan, and lawyer Vidushee Deora.


Related stories:
$667m hotel deal pushes through with firms’ aid
Art auction doubleheader to be hosted by leading commercial firms

COMMENTS