Fintech startup raises $12.5m
Sydney-based fintech startup Valiant Finance received an investment boost from ANZ and software giant Salesforce in its latest fundraising efforts.
Mortgage disrupter sets new funding record
Mortgage disrupter Athena Home Loans has set a local record, closing the largest capital raise ever led by local venture funds, raising $70 million.
“Here for the long term”: Why Brighte is using its latest $15.5 million raise to make an unexpected pivot
Fintech Brighte has secured $15.5 million in Series C funding, as it prepares to make a move into Australia’s home improvement sector.
Global fintech investment drops, but APAC deals stand strong
While Asia Pacific fintech investment slowed down, there were still plenty of deals taking place. The value of deals across Australia reached US$401 million.
Salesforce makes an open banking move
Salesforce is seeking to exploit Australia’s “consumer data right”, investing alongside Westpac and NAB in open banking platform Basiq.
Aus fintech sees strong H1 2019, despite global decline
Australia’s fintech start-ups raised US$401 million in H1 2019, compared US$122 in H1 2018, an increase of 229%, according to Accenture research.
ANZ, NAB, Westpac-backed Reinventure and Scentre Group invest $4m in smart receipt start-up Slyp
The Slyp Smart Receipt is automatically linked to a customer’s bank card and then displayed inside their banking app.
Australian fintech investment subdued in H1’19, as market pauses ahead of future growth: KPMG Pulse of Fintech
While IPOs are not tracked by the Pulse of Fintech report, it noted Australia has been an exception when it came to fintech IPOs.
