Douugh lists on ASX
HopgoodGanim Lawyers is pleased to have advised Douugh Limited on their $6 million IPO and listing on the ASX on 6 October 2020.
Douugh is a neobank and AI-driven financial wellness app that utilises the banking licences of its partners, US-based Choice Bank and Regional Australia Bank to deliver banking services via the SaaS delivery model. The funds will be used to scale up Douugh’s US customer base and continue to invest in R&D to improve their AI banking platform. Douugh is currently available in the US by invitation and its Australian launch is planned for 2021.