Australian fintech investment in 2020 remains strong through COVID at US$1.4 billion
Investment in Australia’s fintech sector was strong at US$1.4 billion in 2020, despite a fall from a record $2.09 billion in 2019.
Bill now, pay later business Deferit raises $15m in oversubscribed Series B funding round
Bill now pay later platform Deferit announces a AU$15m funding round led by existing investor Carthona Capital and new investor Alceon Group.
Trade Ledger scores $24 million from US and UK VCs
Fintech Trade Ledger has raised $24 million in a round led by billionaire investor and US hedge fund manager Steve Cohen’s Point72Ventures.
InfiniGold raises $6.25m and rebrands as Trovio ahead of wider expansion into the commodities industry
The VC funding from leading Family Offices and VC Funds will be used by Trovio for the continued build-out of its commodities digitization platform.
Volopay raises US$2.1m in seed funding, expands into Australia
Volopay has raised US$2.1 million in seed funding to provide APAC businesses and startups with a powerful control centre for all their financial needs.
Beforepay announces $9m pre-IPO round & board appointments
Australia’s leading Pay On Demand™ provider Beforepay announce it has raised a materially oversubscribed AU$9 million pre-IPO round led by Alium Capital.
Mambu raises AUD$170 million in funding round, achieves unicorn status
For Mambu, achieving unicorn status is no mean feat, especially in the challenging economic climate brought about by the COVID pandemic.
Fintech Brighte bags $100 million to “go deeper” on energytech
Fintech and energytech startup Brighte has rounded out the year with a massive $100 million raise, as it introduces a new business model.
