SYDNEY: Finexia Financial Group Limited (ASX: FNX) announced on Thursday that it is considering the disposal of a significant portion of its business, including the sale of Creative Capital Group Pty Ltd (CCG) and the management rights of the Finexia Childcare Finance Trust (FCFT). The proposed transaction comes after the resignation of former CEO Patrick Bell,…
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Scott Beeton appointed Chief Executive Officer of ARC Funds
SYDNEY, AUSTRALIA: ARC Funds Ltd has appointed Scott Beeton, as Chief Executive Officer of ARC with effect from 12 March 2024. Scott is a successful entrepreneur who has founded several successful start-up and growth businesses predominantly in the financial services sector, including founding Sequoia Financial Group (ASX:SEQ) and taking the business through to a public…
Finexia Financial Group acquires Yield Report, partners with Sequoia
SYDNEY, AUSTRALIA: Finexia Financial Group Ltd (ASX: FNX), a specialist in private credit and funds management, has announced the acquisition of Yield Report Pty Limited, Australia’s leading online news portal for fixed income and yield securities, from Sequoia Financial Group Ltd (ASX: SEQ). The deal, which involves an exchange of 500,000 ordinary shares in FNX,…
Finexia Financial to acquire equities stockbroking business of Everblu Capital
SYDNEY, AUSTRALIA: Finexia Financial Group has entered into a business purchase agreement to acquire the equities stockbroking and trading team from Everblu Capital. The acquisition is very complementary to the company’s existing Sydney based braking (securities dealing) business, bringing with it operational cost savings, increased scale in terms of revenue and active clients, along with…
Finexia Financial Group appoints Patrick Bell as Chief Executive
SYDNEY, AUSTRALIA: Finexia Financial Group Limited (ASX:FNX) announced the commencement of its planned leadership transition with the appointment of Mr Patrick Bell to the role of Chief Executive effective from 1 November 2023, according to a statement. Patrick Bell joined Finexia in 2020 through the Company’s acquisition of Creative Capital and since that time has…