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Apr
08
Neobank 86 400 closes Series A capital raise taking total equity capital to $90m
Australia’s first smartbank, 86 400, has closed its Series A capital raise. $34m of new equity was raised in March, bringing its total capital to $90m.
Mar
24
Identitii reshuffles Board and launches $3.82m rights issue
Fintech company Identitii (ID8) has appointed a new CEO and launched a partially underwritten rights issue to raise $3.82 million.
Mar
05
Tech unicorn Airwallex raising more funds
Airwallex was valued at over $US1 billion ($1.5 billion) last year, making it a tech ‘unicorn’, after it raised $US100 million from high-profile investors
Mar
04
Xinja Bank launches capital raise for sophisticated investors as part of Series D
Xinja Bank, Australia’s independent neobank built entirely for mobile, has launched a fund raise aimed at sophisticated investors.
Feb
21
Fintech fundraising grew strongly in major markets in 2019, Accenture
Investment in fintech has risen sharply in most major markets in 2019, led by the US and UK and emerging economies such as India and Brazil: Accenture
Feb
21
Aussie blockchain startup Power Ledger wants changes to ICO tax rules
Blockchain startup Power Ledger executive chairman Dr Jemma Green asked that more consideration be given to allowing ICOs to operate in Australia.
Feb
21
New fintech on-the-block Cheq closes fundraising
Cheq has closed off a $1.75 million capital raising through a mix of debt and equity and the next stop is to fully launch its mobile-based product.
Feb
12
Another billion-dollar year for investment in Australian startups in 2019
Australian startups saw a continued rise in venture capital funding in 2019, rising to US$1.145 billion, up from US$1.033 billion in 2018 according to KPMG