venture capital

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 […]

By Reposted by Australian FinTech | FinTech . Investing . Robo-Advice . Venture Capital
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Jun
19

Jason Calacanis targets Aussie start-ups and warns against trusting big tech

High-profile Silicon Valley investor Jason Calacanis has hit Australia looking for early stage start-ups to back after saying San Francisco had become “saturated” with VC money. Mr Calacanis began his career as a journalist covering dotcom-era US business, before becoming a hugely successful entrepreneur in his own right, with the sale of his Weblogs business […]

By Reposted by Australian FinTech | Investing . Venture Capital
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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 […]

By Australian FinTech | Borrowing . FinTech . Investing . Lending . Venture Capital
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Jun
07

YBF Ventures just scored $1.1 million in a new partnership deal

Melbourne-based innovation hub YBF Ventures has secured $1.1 million from Silicon Valley-based Partners for Growth (PFG) through a tailored debt funding facility. YBF CEO Farley Blackman says the funding will allow the hub to focus on growth, which includes significant expansion of its footprint throughout Australia.“As we grow, so will the number of startups, scaleups […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Jun
07

Online lender Prospa delays float 30 minutes to listing

The sharemarket float of online lender Prospa has been postponed about half an hour before the planned listing, after the corporate watchdog wanted further details of its small business loan contracts. Prospa and its joint lead managers – investment banks UBS and Macquarie – said the 48-hour delay was because it was “seeking to clarify […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Investing . Lending . Venture Capital
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Jun
06

Macquarie slips $20m into Stocard’s mobile wallet

Mobile wallet firm Stocard has landed $20 million from Macquarie Capital, with follow-on ­financing from original investors Shortcut, Alstin, Rocketship, HTGF and Engelhorn. Stocard co-founder and chief executive Bjorn Goss said the company would use the funds to launch a mobile payment functionality, recruit 40 employees across engineering, sales and marketing, and expand into new […]

By Reposted by Australian FinTech | FinTech . Investing . Payments . Venture Capital
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May
30

Brighte set to accelerate growth with $18.5m in funding

Sydney-based home energy fintech, Brighte, closes 18 months of strong growth with a Series B equity round of $18.5m. The round was led by Airtree Ventures and also includes Skip Capital, the Milgrom Family and further investment from Grok Ventures. Brighte is a digital credit platform offering affordable point-of-sale payment solutions for home energy improvements […]

By Australian FinTech | FinTech . Investing . Venture Capital
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May
21

Prospa float reveals a new world of online business financing

Online small business lender Prospa is set to hit the ASX on June 6 with a market capitalisation of $576 million. It’s a lofty valuation for a relatively new business lender with a net loan book of $200 million and a statutory net profit in the 2017 financial year of just $1.2 million. But the […]

By Reposted by Australian FinTech | ASX . Borrowing . FinTech . Investing . Lending . Venture Capital
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