This is one of the largest fintech equity investments in Australia, the firm says
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Arnold Bloch 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.
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