Possible Health or Fintec RTO options?6 Sep 2019 17:00
So Allan Syms and a potential Health link I have found the below its all publicly available and is just a theory so a general rule of thumb that can be followed for start-up private businesses with ambitions to become public is
1 Idea
2 Business Plan and Investment
3 Product Development and early commercial deals
4 Operational
5 Stage A funding to cover salaries and product to market
6 Stage B funding to cover scaling up the business to gain a market share, become competitive and expand regionally, nationally and/or globally and develop strategic partnerships.
7 Stage C Funding when proven successful these final stages of funding are sought to enable companies to seek acquisitions and or is the last stage of its cycle before Listing either via IPO or alternatively maybe used as part of an RTO?
So how does BOU fit in
Syms joined the board in May and RTO Health Sector RTO options were muted.
Syms is a Director of Mypinpad. Who are they? They are Fintech start-up that according to the press release on their website secured £15Million of Stage B funding in October 2018. Stage B funding is usually used for scaling up the business and expansion.
£15M is a nice little pot of cash to grow from so what have Mypinpad been up too with this cash since? well in addition to developing business partners such as Clik which has transformed the Asian payments market they have also expanded globally employing key personnel and opening offices in New Zealand and Sweden.
Who funded this? Asia Principal Capital provided the readies to Mypinpad. Who are APC? They are principal investors who provide strategic capital deep sectoral experience and strategic counsel to founders of emerging technology, HEALTHCARE and disruption assets. They scale companies and accelerate the creation of value and position for founder and investor wealth creation. Who sits on the board of Asia Principal Capital? Philip King… who just happens to also sit on the board of Mypinpad, so a connection with Syms.
So having secured Stage B funding nearly a year ago and having expanded globally what next for Mypinpad and Asia Principal Capital? Stage C funding may be close ready for an acquisition or an IPO so Mypinpad can list and Asia Principal Capital can make their exit… maybe via an RTO onto the markets via BOU and then using the increased cash and investment from floating to pay for the exit? Or maybe it’s another Health biased company linked to Asia Principal Capital that might be looking to list such as Dental Corp (also on APC’s website) who are a private Healthcare Dental business also undergoing fundraising completing $121Million in 2014 and $908Million corporate funding in 2018. Currently a Private company they might also be looking for a listing via RTO? So if APC are invested in Dental Corp and there is a link at director level between APC and BOU there is a tenuous health link?
How does Antos fit in well maybe he is using his contacts to help develop stra
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