capital raising

Dec
15

More Aussie funds available for fintech start-ups

Australian fintechs say despite Atlassian choosing Nasdaq to make its $8 billion raising, Australia is becoming one of the biggest sources of funding for them with Prime Minister Malcolm Turnbull an important catalyst. “This is our fourth year. Four years ago we talked to a number of Australian investment groups and there was very limited […]

By Australian FinTech | FinTech . Investing . Venture Capital
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Dec
08

Fintech raises over $500,000 as it gears up for advice service expansion

Australian fintech and wealth manager, BigFuture, has completed a $520,000 capital raising as it looks to build its service capabilities. Co-founded by Michael Clancy, chief executive of Qantas Super, BigFuture’s cloud-based application allows users to view a “one page snapshot” of their financial position, improve their financial literacy and plan for their financial future. The […]

By Australian FinTech | FinTech . Investing
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Nov
18

Why fintech is high on the radar for this London Stock Exchange-listed company

Financial technology, or fintech, is finally getting the recognition it deserves as funding pours in and investors begin to warm up to its risky nature. Solving the technological shortcomings of banking institutions and easing payment processes while increasing consumer protection, companies under the segment have been quite instrumental in improving the quality of financial services […]

By Australian FinTech | FinTech
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Nov
04

Invoice2go gets $15M to compete more directly with Square and PayPal

Since 2002, Invoice2go has provided small businesses with one tool—a simple way to create an invoice and send it to clients. Now, with $15 million in new funding, the company is preparing to expand more deeply into the small business product territory. Today, Invoice2go is partnering with Stripe to allow invoice recipients to pay their […]

By Australian FinTech | FinTech . Payments
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Sep
29

Accel Partners’ Rich Wong: Australian start-up sector now a global player

More fantastic news on the Australian FinTech industry, and this one line sums it up best – “Australia is now on the radar of tech investors globally” The local start-up sector is increasingly being recognised as a player in the global technology arena as competition for Australian companies heats up among international venture capital funds.Accel […]

By Australian FinTech | FinTech . Investing . Venture Capital
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Sep
18

Super funds back biggest-ever Australian tech venture fund worth $200 million | afr.com

This is certainly great news for the Australian tech start-up industry. It also shows great faith in what is to come out of the Australian tech sector in the coming years. Leading entrepreneurs and two major superannuation funds will combine forces to launch Australia’s biggest-ever technology start-up venture capital fund, with more than $200 million […]

By Australian FinTech | Investing . Venture Capital
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Sep
02

Carlyle backs Prospa securitisation to boost SME lending

This is great news for Australian FinTech company Prospa. It’s also a very positive sign to see global companies investing in Australian FinTech companies – it appears others are starting to see the potential here in Australia. Global alternative asset manager the Carlyle Group has invested $50 million in the first securitisation deal in Australia […]

By Australian FinTech | FinTech . Investing
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Jul
23

FinTech Investments Quadruple: Top Trends To Watch

Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market. Source: FinTech Investments Quadruple: Top Trends To Watch

By Australian FinTech | FinTech . Investing . Venture Capital
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