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Douugh set to be first neobank to list on the ASX

Yolanda Redrup
Yolanda RedrupRich List editor
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Local neobank Douugh is set to be the first challenger bank to go public on the ASX, following a fresh injection of capital from Japanese financial services giant Monex Group.

Douugh will target a $10 million capital raise as part of the listing, which is slated to take place in mid-July.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
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    Original URL: https://www.afr.com/technology/douugh-set-to-be-first-neobank-to-list-on-the-asx-20190610-p51w5n