Douugh to acquire millennial-focused investing app, Goodments
SYDNEY: Douugh Ltd has executed a binding term sheet pursuant to which Douugh will acquire 100% of the issued capital in the consumer business of millennial investing fintech, Goodments Pty Ltd. Goodments will be purchased in an all scrip deal. At settlement of the acquisition, Douugh will issue the shareholders of Goodments with $1.5 million…