Airwallex’s extended Series D fundraising brings total round to US$200M
Airwallex today announced that the company has closed its extended Series D fundraising with an additional US$40M (A$56M) from new and existing investors.
New Australian digital bank Alex sets sights on raising fresh capital
New Australian digital bank Alex is looking to raise around A$10m in a Series B funding round. Alex is looking to target the 18-35 age bracket.
Australian fintech VC investment bullish in 2020, merger activity declines: KPMG Pulse of Fintech
Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching A$517.3m according to the latest KPMG Pulse of Fintech report.
Australia recognised as “strong fintech hub” globally
Australia is showing itself to be a strong fintech hub globally, with solid investments in H1’20 despite rising pandemic concerns
x15 calls for start-ups to help young Australians get ahead
Investment vehicle x15ventures has launched its second Xccelerate pitch event, this time with a focus on helping young Australians get ahead financially.
Cointree in pole position to capitalise on growing interest in cryptocurrency
The Melbourne-based cryptocurrency exchange Cointree is well-positioned to capitalise on the growing interest in cryptocurrency.
Asia-Pac fintech funding up 9% as investors set sights on S-E Asia, Australia: S&P
Funding for fintechs in the Asia-Pacific grew 9.1% in the second quarter as investors shifted their bets to firms in Australia and South-east Asia.
CBA appoints fintech partners to deliver new digital banking services
Commonwealth Bank of Australia has partnered with Square Peg and Zetta Venture Partners to offer new digital banking services to its 15 million customers.
