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Feb
25
Aussie fintech investment reaches $3 billion after 250% growth… but don’t celebrate just yet
Fintech investment in Australia is bucking the international trend. On a global scale, fintech investment actually dropped slightly.
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
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
Feb
04
No ‘passive’ stakes for CBA in new fintech push
CBA hopes to get the edge on rivals by launching 25 new fintech businesses over the next five years via the bank’s new fully-owned fintech entity named X15.
Jan
22
RateSetter mulls $300 million IPO; Highbury snags advisory role
The red-hot fintech sector has lobbed another name into the 2020 IPO pipeline with RateSetter in the early stages of what could be a $300 million listing.
Jan
20
Neobank Volt closes $70m oversubscribed Series C, hits $100m total funding and sets sights on IPO
Australia’s first neobank Volt Bank, closed a $70m Series C equity funding round, which was oversubscribed by $10m beyond the original target of $60m.
Jan
17
Alceon tips unicorn status for fintech disruptor
Boutique fund manager Alceon loves Wisr, an ASX-listed startup which is encouraging people to reduce their overall borrowings.