One Click Life $3.25 million Capital Raise
Announcement posted by One Click Life 18 Oct 2024
One Click Group (ASX:1CG) owner of the One Click Life fintech platform has raised $3.25 million through a placement. The Company intends to use the funds raised under the placement to continue to execute on its growth strategy.
The Company noted that the capital raise added four new high quality institutional investors to the share register. Directors also contributed $0.75 million to the capital raise.
One Click Managing Director Mark Waller said: "We are pleased to announce the successful completion of placement commitments and thrilled to be welcoming four new institutional investors on to our share register. A significant milestone that marks an exciting chapter for our Company. This round of funding significantly strengthens our balance sheet and provides us with the financial resources to accelerate and expand our growth initiatives".
One Click Life is a fintech platform that allows customers to simplify their financial life. The mobile app retains tax data in one spot allowing customers to check their HECS balance, download their Tax Notice of Assessments and lodge a tax return. The mobile app also allows customers to manage other parts of their financial life including applying for loans, online Wills and more.
One Click Life has over 160,000 users on their fintech platform. The Company released that their 2024 year to date revenue in the 8 months to August had already exceeded revenue for the whole of 2023.
For further information please contact:
One Click Group Limited
T: + 61 8 9389 3160
E: mark@oneclicklife.com.au
About One Click Group
One Click Life is a fast-growing Australian based financial technology platform positioned to disrupt and capitalise on the increasing market demand for online self-directed financial and life admin services.