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The cash injection will be used to rapidly expand MyDeal’s customer base and brand footprint across the Australian consumer market. This marks a shift away from the bootstrapped cashflow model the business has previously been operating within.
Better Caring, a peer-to-peer (P2P) marketplace for aged care and disability support services today announced it has closed a Series B round of AUD$3m with investment from Ellerston Ventures, the growing venture arm of Ellerston Capital.