Neobank Volt closes $70m oversubscribed Series C, hits $100m total funding and sets sights on IPO
Australia’s first neobank Volt Bank, closed a $70m Series C equity funding round, which was oversubscribed by $10m beyond the original target of $60m.
Alceon tips unicorn status for fintech disruptor
Boutique fund manager Alceon loves Wisr, an ASX-listed startup which is encouraging people to reduce their overall borrowings.
More than $1.4 billion in capital secured by Australian Fintech firms in 2019
More than $1.4 billion in capital was secured by Australian Fintech firms in 2019 across 38 deals or partnerships, setting a new record.
Victoria leads country in Fintech funding
Victorian FinTech companies have dominated key funding rounds, accounting for almost 80% of $2 billion allocated to startups in the last financial year.
Mortgage fintech Funding.com.au raises $3.7 million AUD to accelerate growth
Funding.com.au announced today it has raised $3.7 million AUD in a Series A funding round from local venture capital fund Equity Venture Partners (EVP).
Three funds bankroll MoneyMe raising
MoneyMe is seeking to raise $45 million for a $212.2 million market capitalisation with bids due to lead managers Morgans and Ord Minnett on Thursday.
Harmoney completes A$42.9 million raise to fund further Australian growth
Harmoney, a leading digital platform lender in Australasia, has successfully completed a Series C funding round
Aus fintechs: riding the investment wave
Australia’s fintech industry is booming and shows no signs of slowing down. Should the Big Four be concerned their oligopoly days may be numbered?