Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
Mastercard joins $10m series A funding round in Brisbane fintech Paypa Plane
Brisbane fintech Paypa Plane has announced that Mastercard has joined the recent $10 million series A funding round.
DASH Technology Group receives VC backing to accelerate innovation in wealth management
As DASH Technology Group nears its first anniversary, the company has announced that Australian VC firm CoAct Capital have finalised their investment.
Queensland Government invests in Cake Equity to grow jobs in local start-ups
Cake Equity Co-Founder Jason Atkins said the Queensland Government investment would help continue the company’s global growth.
Non-bank lender Moneytech scores an additional $150m debt facility for Equipment Finance growth
SME non-bank lender Moneytech has secured an additional $150m funding warehouse facility to help fund their Equipment Finance growth.
Corporate Australia turns to private markets as venture capital starts to re-assess
Private markets have a critical role to play in assisting emerging companies access funding to grow revenue and enhance their corporate profiles.
Airwallex sustains US$5.5 billion valuation with US$100m Series E extension
Airwallex today announced that it recently closed its Series E extension with the same US$5.5 billion valuation.
PropHero raises an additional $8 million in seed capital
Sydney- and Madrid-based proptech company PropHero has closed an oversubscribed seed round of A$8 million to continue its strong growth.