Canaccord Genuity Acted as Lead Manager to Butn on its A$20 Million Initial Public Offering

Butn Limited provides transactional funding to small and medium enterprises in Australia. The company's products include Butn X, a solution that helps customers to get paid as soon as the goods and services are delivered with advanced payments; Butn Terms, a solution that enables organizations to outsource their accounts receivables; Butn Pay, a solution to purchase goods and services instantly and choose the repayment terms; Butn Now, a solution for advances of commission income for real estate agents, and mortgage and business brokers; and Butn Plus, a solution to avail business loans. The company was founded in 2015 and is headquartered in Caulfield North, Australia.