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.
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.
