GoCardless raise $126m, led by Bain Capital Ventures
GoCardless announced that it has raised AUD$126 million (USD$95 million) in a Series F funding round, led by Bain Capital Ventures.
Identitii (ASX:ID8) subsidiary to receive $150,000 investment
ASX-listed Fintech company Identitii has signed a memorandum of understanding with CBA New Digital Businesses, also known as x15ventures.
Accessing salaries in advance: Australian fintech secures $4m of Series A
Beforepay are doing for salaries what buy now, pay later has done for shopping – Beforepay’s CEO and Co-Founder Tarek Ayoub.
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.