NewsBite

Exclusive

Freelancer chief mulls future Escrow spin-off IPO despite fintech and crypto 'bubble'

Paul Smith
Paul SmithTechnology editor

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Founder and chief executive of global online job marketplace Freelancer Matt Barrie, has warned investors against buying in to a fintech and cryptocurrency "bubble", as he revealed long-term plans for a spin-off IPO of its fast-growing Escrow.com payments business.

Speaking to The Australian Financial Review in the wake of Freelancer's shares diving 14 per cent in one day after revelations of a rare revenue slow-down, Mr Barrie provided a robust defence of the company's long-term prospects, including his high expectations for Escrow, the payments business it acquired in 2015.

Loading...
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Retail

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/retail/freelancer-chief-mulls-future-escrow-spinoff-ipo-despite-fintech-and-crypto-bubble-20180809-h13qxo