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Founders depart fintech Timelio as it raises $7.5 million

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Founders depart fintech Timelio as it raises $7.5 million - Startup Daily

Quick Summary:

Timelio cofounders Charlotte and Andrew Petris have left the fintech they founded seven years ago, amid a $7.5 million raise.

The pair did not back the round, a rights issue to shareholders completed on August 4.

Four existing shareholders: Thorney Investments, Wilbow Group, Riversdale Capital Funding and David Roseman fully underwrote the raise, accounting for 82%...


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Article Details

Author / Journalist: Simon Thomsen

Category: Startups

Topics: Funding Timelio Capital Raising

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-10, 07:03:15

News Timezone: GMT +10:00

News Source URL: startupdaily.net

Language: English

Reading Time: 3 minutes read

Article Length: 419 words

Coverage Area: Australia

Availability: Desktop Web, Mobile Web

News ID: 126532

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About Startup Daily

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Official Website: startupdaily.net

Update Frequency: 1 posts per day

Year Established: 2012

Headquarters: Australia

News Last Updated: 12h ago

Coverage Areas: Australia

Ownership: Independent Company

Publication Timezone: GMT +10:00

News Language: English

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