International start-ups should choose Melbourne over Sydney says Fintech Tradeplus24
Melbourne, not Sydney, should be the clear choice for fast-growing international start-ups entering Australia, according to Swiss-headquartered Tradeplus24.
Fintech100 seeks global fintech leaders
Nominations are now open for the 2019 KPMG & H2 Ventures Fintech100, which recognises leading fintech innovators from around the globe.
Fintech unicorn rewrites forex rules to snag big bank profits
The struggles of a speciality coffee shop run by two budding entrepreneurs in Melbourne lie behind the success of Airwallex, Australia’s newest unicorn.
Congratulations to the 2019 Finnies Award winners
Congratulations to all the winners at the 2019 Finnie Awards.
Australian FinTech company profile #12 – Look Who’s Charging
Australian FinTech company profile #12 – Look Who’s Charging – providers of market leading transaction enrichment
Super will help fund the next wave of unicorns
The country’s leading venture capitalists are tipping more direct investment will flow from superannuation firms such as Hostplus into start-up deals, as more $100 million-plus raises test the funding capacity of the VC firms. Last week cross-border payments start-up Airwallex became the latest Australian company to achieve the lauded $US1 billion valuation milestone, making it the quickest local start-up to achieve unicorn status. The valuation came on the back of a $US100 million raise ($141.3 million) for the fintech, which is less than four years old. The raising was led by US investor DST Global, with participation from Sequoia Capital China, Tencent, Hillhouse Capital, Gobi Partners, Horizons Ventures and Square Peg […]
Techboard data shows the startling growth of the Australian fintech sector
US-based data company CB Insights recently reported that VC investment in Australian Fintech had grown from $67m in 2017 to $343 million in 2018. While this does show massive growth in funding for Australia’s fintech sector, data from Australian Startup Data Company Techboard indicates that this represents a significant understatement of the sector’s growth. Techboard has recently released its Report for the December quarter 2018 which revealed another $1.066B in funding for Australian Startups and young tech companies. This was the second consecutive quarter of over $1b funding across all sectors and took the total amount of funding for the 2018 Calendar year to over $4b, up around $1/2b revealed […]
The finalists of the 2019 Fintech Business Awards have been announced
The finalists of the 2019 Fintech Business Awards have been announced. Congratulations and good luck to all the finalists – both individuals and companies.
