BMY Group is launching AllFin.com, a new a digital platform aimed at connecting Australian investment opportunities, products, professionals with Chinese investors, both domestically and overseas.
AllFin plans to match companies, projects and investment managers seeking funding with relevant investors.
BMYG is establishing two iterations of the tool, in Chinese and English, with different functionalities being launched in stages.
In December, the portal will launch with a property valuation tool, a portfolio management system and features to list investment opportunities and promote research.
By the end of next year, AllFin plans to have professional service providers, a roboadvice tool, smart investment/products matching, AI, blockchain and machine learning capabilities
BMY Group CEO Eric Gao said the platform is the natural evolution of BMYG’s business model, which has thrived on connecting Australian opportunities with Chinese investors.
“In the last eight years, we have been working with high-net-worth and professional investors, to match them with opportunities, products and professional services in Australia,” Mr Gao said.
“We’ve hit a point where it’s impossible for us to surface and vet every deal that crosses our desk. So we’ve created a platform that will connect opportunities with investors and allow both parties to leverage a fintech platform efficiently and effectively.”
It says it will also serve as a platform for thought leadership, professional service providers and research in investment.
“We’re aiming for AllFin to be Australia’s first trusted online ecosystem for deal making,” Julius Wei, co-founder and head of investment at BMYG, said.
“It builds on BMYG’s mission to bring new forms of funding to the Australian marketplace, and help Australian opportunities to truly connect with Chinese market.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah spent her career working in business-to-business media, including print and online, as well as cutting her teeth on current affairs programs for community radio.
Sarah has a dual bachelor's degree in science and journalism from the University of Queensland.
You can contact her on [email protected].
The government has released its royal commission implementation roadmap to set out how it will deliver on its response to the royal commissi...
K2 Asset Management suffered a $1.3 million loss in financial year 2019, dragging its profit down by 125.71 per cent year-on-year. ...
Financial services provider Fiducian Group grew its profit by 15 per cent in financial year 2019, with the business reaping the benefits of ...