Lakeba achieves $20M startup sales record for Paid By Coins
Australian technology innovator Lakeba, who has launched over ten new ventures in the Australian market since 2016, today announced the $20M sale of their Paid by Coins venture to Mobecom (ASX:MOB) only seven months after launching the platform in early 2018. “Lakeba built, deployed and exited the Paid By Coins business in less than seven months, achieving what few startups have before them. This accelerated acquisition timeline demonstrates the rigour and depth of Australian innovation and sets a new benchmark for the rapid commercialisation and sale of market-relevant, high demand emerging technology solutions,” said Giuseppe Porcelli, CEO and Founder of Lakeba. Paid by Coins is a secure payment solution for consumers, enabling […]
Grant Thornton support of Lakeba’s Future Hub consortium to help accelerate Blockchain Growth
Australian technology innovator Lakeba Group, and leading global independent assurance, tax and advisory firm Grant Thornton, have announced a new alignment that will see Grant Thornton’s technology industry team, support Lakeba’s Future Hub. Recognised for being one of the first technology companies in Australia to have live commercial blockchain implementations across a range of sectors, the vision of Lakeba’s Future Hub is to provide a one stop shop solution for Australian businesses looking to adopt blockchain solutions from conception, to development all the way through to tax, legal and regulatory compliance. “With the support of Grant Thornton’s technology industry team, the Future Hub will be greatly strengthened with the proven […]
Lakeba’s disruption potential attracts global investor
Sydney tech firm Lakeba Group has welcomed a heavyweight global investor to its board. The man responsible for taking global investment manager T. Rowe Price global, Todd Ruppert, is now part of the team. Lakeba has positioned itself as a start-up studio focused on the development and rapid commercialisation of digital solutions and the company’s co-founder and chief executive, Giuseppe Porcelli, said Mr Ruppert’s international experience would be a key asset. “Todd’s real-time global insights and his experience with start-ups around the world in smart securities, on-demand insurance and crowd-funding will be invaluable as Lakeba grows,” he told The Australian. Mr Ruppert, who was chief executive of T. Rowe Price […]
The Finalists of the 2024 Finnies awards have been announced
The finalists for Australia’s 2024 Finnies fintech business awards have been announced.
DoxAI collaborates with Perpetual Corporate Trust and Microsoft to enhance financial services
Microsoft has joined forces with DoxAI and Perpetual to provide financial services companies with access to cutting-edge technology that can help them grow and evolve.
Lumiant scales its business to help Financial Advisers scale theirs
Lumiant has made several appointments to help Financial Advisers shape and sustain extraordinary lives for their clients.
Affordable housing becomes an affordable investment opportunity
Lakeba’s fragmented property ownership platform, BRICKLET, has partnered with Australia’s biggest affordable housing operator, Evolve Housing.
News Corp & REA Group invest in BRICKLET Series A round
BRICKLET has completed its Series A capital raise. The raise saw original investors joined by News Corp, REA Group investment firm Ironfish.
