Briefs: Finsure finalises pre-IPO funding
Finance aggregator Finsure Group finalised a pre-IPO funding round at A$13.5 million, after investor demand topped $30 million, the Financial Review reports in its Street Talk column. The newspaper says Finsure is targeting a listing toward the end of 2017 or early next year. The firm's website said it was "working with over 800 brokers, and have established a loan book of over $14 billion." AFG, a sector leader, derives its livelihood from a mortgage book around ten times the size.