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Jul
03
Airwallex in the money with $108m raise
Melbourne-based fintech start-up Airwallex has closed the second-largest fundraising round in Australian start-up history, taking in $US80 million ($108 million) for a Series B round led by Chinese conglomerate Tencent Holdings, alongside Sequoia Capital China and Melbourne’s Square Peg Capital. The company, which was founded by five Chinese-Australian 30-somethings, has built a system to enable […]
Jul
02
Online trading broker ThinkMarkets targets $100 million listing
Online trading broker ThinkMarkets will give Australian investors a chance to buy into the emerging fintech market, with a $100 million initial public offering on the ASX before the end of 2018. The listing will represent a second chance for Aussie retail investors to get on board a fast-growing fintech, after the demise of online […]
Jul
02
Adelaide fintech startup Joust seeking to raise $2m in Equity Crowd Funding
Adelaide fintech startup Joust is launching an equity crowdfunding campaign via OnMarket and is hoping to raise $2 million to rapidly scale the business. The Joust platform, launched in 2016, links borrowers with more than 20 lenders who compete against each other to offer the lowest interest rate via a reverse auction process. Using equity crowdfunding […]
Jun
27
QxBranch raises $4.1m Series A
QxBranch, Inc., a data analytics company building software for quantum computers, today announced the close of a $4.1 million USD Series A round led by Dymon Asia Ventures and Alpha Intelligence Capital (AIC), firms with deep expertise in fintech and artificial intelligence technology, respectively. Investors also participating in the round include WorldQuant Ventures and the […]
Jun
20
Quantifeed eyes Australian expansion with $13.5m raising
The fintech is looking to expand its B2B robo-advice business in Australia as a part of a $13.5 million venture capital raising announced today. The series B funding was led by Taiwanese giant Cathay Financial Holdings, with participation from US-based asset manager Legg Mason, and will go towards Australia and Asia Pacific growth. “We will […]
Jun
15
Study Loans to fund $50 million in student loans
Aussie fintech now eyes $5 million Series A raise after signing debt facility as government cuts back education funding Education fintech Study Loans will inject $50 million into Australia’s growing student loans market as the federal government cuts back on post-high school education funding. Australia’s first private, dedicated provider of student loans, which uses data […]
Jun
08
Fintech startup HashChing has launched an equity crowdfunding campaign
Mortgage marketplace startup HashChing, a fintech startup disrupting the monopoly of the big banks, has launched an equity crowdfunding campaign. It’s currently live on the Equitise platform, which has one of the seven crowdfunding licences issued for the first time this year. HashChing, which is seeking between $1 million and $5 million, has so far […]
May
31
Crowdfunding in Australia – the first 4 months of equity crowdfunding
Equity crowdfunding started in Australia in January this year for public unlisted companies. It is early days but we are pleased to report that in this short period there have been two significant successful raises that a worthy of global note. One of the first campaigns off the block was the Xinja, Australia’s first 100% […]
