capital raising

Mar
24

Never be caught short after this brainwave

Making a payment is now as easy as tapping your sunglasses thanks to a plucky Australian start-up, Sydney-based Inamo, which is starting to take the world by storm, appearing at South by Southwest in Texas and now embarking on a $6 million Series A funding round. The start-up is the brainchild of Peter Colbert, a […]

By Reposted by Australian FinTech | FinTech . Payments . Venture Capital
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Mar
24

Fintechs like Hashching cash in on bank lending limits to curb property boom

As regulators weigh new limits on bank lending to cool the housing boom, their impact may be muted as tech-savvy borrowers turn to fintechs to access cheaper rates offered by non-bank lenders. Hashching is raising $6 million of fresh equity on the Neu Capital fundraising platform in a deal valuing the Sydney-based start-up – which gives borrowers […]

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Mortgage . Venture Capital
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Mar
20

Equity crowdfunding bill passed, but proprietary companies still excluded

Retail investors will from September be able to buy up to $10,000 of equity in their favourite business ideas, after crowd-sourced funding legislation passed the Senate. The legislation will allow unlisted public companies with annual turnover or gross assets of up to $25 million to advertise their business plans on licensed crowdfunding portals, and raise […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Mar
14

SETL wants to settle and clear equities in competition with ASX

The ASX is facing competition for clearing and settling equities, with blockchain start-up SETL pledging to build a post-trading system cheaper and to deploy it quicker than the replacement for the existing CHESS infrastructure, which is being developed by the ASX itself and US group Digital Asset Holdings. London-based SETL is raising capital from some […]

By Reposted by Australian FinTech | ASX . Blockchain . FinTech . Venture Capital
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Feb
28

Adelaide start-up and fintech company Joust to launch in New South Wales under NOVA Entertainment Group funding deal

A MAJOR entertainment company has thrown its financial support behind Adelaide-based technology start-up Joust, allowing the company to expand its home loan auction service into New South Wales. The Wakefield Street business today announced it had successfully raised another $400,000 and secured NOVA Entertainment Group as a strategic investor. The company, which operates in SA […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending . Mortgage . Venture Capital
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Feb
23

Australia weathers fintech slump

Global investment in fintech companies almost halved last year as “froth” comes out of the burgeoning industry and investors wait to see if they can successfully disrupt incumbents such as banks and insurers, according to a new report. Fintech investment funding declined to $US24.7 billion ($32.17bn) last year from a bumper $US46.7bn in 2015, driven […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Feb
20

GetCapital gets capital and aims for fintechs

Online small business lender GetCapital has secured a $100 million debt facility to launch a new brand, aiming to become the mainstream leader in the fintech industry mirrored on the success of Seek and Carsales. GetCapital chief Jamie Osborn said the fintech, or financial technology, industry was at a “tipping point” and the new subsidiary, […]

By Reposted by Australian FinTech | Banking . Borrowing . FinTech . Lending . Venture Capital
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Feb
16

Crowd-sourced equity funding bill to pass Senate

Retail investors will soon be able to buy up to $10,000 of equity in their favourite business ideas, with “crowd-sourced funding” legislation set to pass the Senate with Greens support. The legislation will allow unlisted public companies with annual turnover or gross assets of up to $25 million to advertise their business plans on licensed […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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