Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news

Breaking-Finance.Com - OwnHome, the winner of Xccelerate2020, the startup competition run by the Commonwealth Bank of Australia's fintech incubation unit x15ventures, has walked away with £150,000 in funding after grabbing the top spot in the competition.

Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news

Breaking-Finance.Com - OwnHome, the winner of Xccelerate2020, the startup competition run by the Commonwealth Bank of Australia's fintech incubation unit x15ventures, has walked away with £150,000 in funding after grabbing the top spot in the competition.

Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news
27 November 2020 - 09:45

Breaking-Finance.Com - OwnHome, the winner of Xccelerate2020, the startup competition run by the Commonwealth Bank of Australia's fintech incubation unit x15ventures, has walked away with £150,000 in funding after grabbing the top spot in the competition. More than 80 start-ups applied to participate in the Xccelerate2020 programme - the second staging of this event for the year. Of those, 10 companies were shortlisted and invited to attend Community Days earlier this month, while only four were invited to pitch their business idea to CommBank’s Investment Committee. The theme for the event was ‘helping young Australians get ahead on their finances’.

.In a nutshell, OwnHome buys a property for the customer. This customer is able to move into the home straight away and simply make a monthly payment to OwnHome. Within the first two to five years, the customer is able to buy the property off OwnHome at a pre-arranged price.

Source = Breaking-Finance.Com

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Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news


Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news


Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news


Finance Breaking news CBA's venture building entity, x15ventures, throws support behind OwnHome last financial news

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