Leading startup investment insiders told us what they’re looking for in the perfect fintech
Rajeev Gupta knows about startups and what’s needed to attract funding for them. The former investment banker and technology investor has had his own startup, Geckolife, and has also worked at Goldman Sachs and Tribeca. Now he’s a partner at Alium Capital, a technology-focused crossover investment fund looking after sophisticated investors wanting to get in on smaller, high potential projects overlooked by the big players. He’s recently closed a couple of key investments in local Sydney fintech startups. In Australia, fintech is mostly driven by local companies, with 512 Australian and 67 offshore companies operating locally, according to analysis by KPMG. One of Gupta’s investments is Stockspot, a robo-adviser fund […]
Stockspot founder Chris Brycki’s money is on robo-advice
Chris Brycki is the man behind Stockspot, one of Australia’s first companies to offer what has come to be known as “robo-advice”. Stockspot recently made headlines after Graham Tuckwell, the Australian tycoon behind London-based ETF Securities became an investor. Brycki first came to the market’s attention in 1999 when as a schoolboy he became one of the youngest winners of a stock competition. How does robo-advice actually work and how is it different to seeing a regular adviser? The most important thing when investing is getting your asset allocation right. Not so much picking stocks or when you should be getting in or out of the market. Working out what […]
Sydney robo-advisor founded by ex-UBS portfolio manager raises $3 million in series B
Sydney fintech Stockspot has secured $3 million in a series B capital raising round, the startup revealed on Thursday. Stockspot is a digital investment advisor, commonly known as a robo-advisor, and a fund manager founded by chief executive Chris Brycki, a former UBS and BlueLake Partners portfolio manager. ETF Securities founder Graham Tuckwell and Australian firm Alium Capital, which invested in HealthEngine and Nitro last month, led the $3 million round. Stockspot also revealed that H2’s Toby and Ben Heap, who were already investors, and “algorithmic trading” entrepreneur Danny Bhandari contributed to the series B. “Graham is a global exchange-traded fund (ETF) pioneer, having invented exchange traded commodities and built […]
After cracking AUD$100,000, where to for Bitcoin? Jackson Zeng shares his insights
Jackson Zeng, CEO of Caleb & Brown, a leading cryptocurrency brokerage and asset management firm, admits Bitcoin is firmly in the bullish segment of the market cycle.
Global X Chases Down Competitors After Stellar First Year Performance
Global X’s AUM hit $6 billion during 2023 and the internationally backed ETF provider is looking to continue its growth by reaching $10 billion by the end of 2025.
Superhero Super announces major changes and updates to offering
Superhero, a leading fintech and wealth management platform has today announced major changes and updates to its superannuation offering.
Calastone announces new Head of Australia & New Zealand
Calastone has promoted Marsha Lee to lead its local business as Head of Australia and New Zealand in Sydney.
Next round of TradeFloor and ASX Options Trading Game now open
TradeFloor and the Australian Securities Exchange have joined forces to deliver the ASX Options Trading Game for the second time this year.
