Live IPO - ARMnet Ltd.
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ARMnet Ltd (ASX: AR1) is an innovative cloud-based integration and processing software platform as a service (iPaaS) servicing the financial services sector worldwide. The ARMnet Platform is used by large corporate clients in the insurance, non-bank mortgage lending and funds management sectors. The platform dramatically reduces a client’s costs and saves time through its ability to integrate and automate data, allowing multiple systems and processes to work together in a unified way.
The ARMnet Platform has enjoyed the security of multi-year contracts, has a high customer retention rate and strong growing revenues with a total growth rate of 119% over the last 3 years and at a rate of 97% over a 5 year period.
Pay By: 19th Feb
List Price: 20c
Minimum Investment: $2,000
Raising: Up to 11M
Lead Manager: Bridge Street Capital Partners
