Carsales.com Takes a $10 Million Equity Stake in RateSetter

Greg Roebuck of Carsales.com, a colossal online classified, and its majority-owned Stratton Finance has taken a $10 Million AUD equity stake in a peer-to-peer lender RateSetter. Apparently, Carsales.com is the latest high-profile investor to back a sector trying to take a bigger slice of the bank’s vast profits.

After opening its doors November of last year […]