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Butn Limited (ASX:BTN)

ALERT: Price-sensitive ASX Announcement for BTN
Current share price for BTN : $0.015 0.003 (25%)+
Announcement
Release
11 Jun 2026 8:23AM
Price at Release
$0.012
Full Release
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Summary
Butn Limited announced the launch of the Moneybox Retail Credit Fund, which is managed by its subsidiary Moneybox IM Pty Ltd. Developed in-house, this fund allows income-focused investors to access private credit assets through a fully digital platform. The fund aims for returns pegged at the RBA Cash Rate plus 3.00% annually, requiring a minimum investment of $5,000, and offers a digital dashboard for 24/7 tracking. This initiative marks Butn's strategic expansion from SME lending to investment and fund management, providing a new pathway for capital and enabling individual investors digital access to private credit assets. The fund is aligned with Butn's growth strategy to diversify funding sources and leverage their existing infrastructure.
Key Points
  • Butn Limited has launched the Moneybox Retail Credit Fund to provide a new investment avenue.
  • The Fund is managed by Butn's subsidiary Moneybox IM Pty Ltd and was developed in-house.
  • It targets income-focused investors with a digital platform for investing in private credit assets.
  • The Fund aims to offer returns of RBA Cash Rate + 3.00% p.a., with a minimum investment of $5,000.
  • Investors can track their investments 24/7 through a digital dashboard.
  • Quarterly distributions are available, with options for cash payouts or reinvestment.
  • The Fund represents a strategic move to expand Butn's capabilities beyond SME lending.
  • It opens private credit asset class to individual investors with full digital control.
  • The Fund leverages Butn's lending platform and other infrastructure.
  • The launch supports Butn's ongoing growth and diversification of funding sources.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.