Accounting software company Xero has acquired Canadian startup Hubdoc for an initial fee of US$60 million ($80.87 million) that consists of 35 percent cash and 65 percent in Xero stock.
National Australia Bank has led a US$24 (AU$32) million Series D round for Toronto-based cloud accounting startup Wave through its VC fund, NAB Ventures.
Payments startup Hyperwallet has expanded into Australia, looking to target growth across the Asia Pacific region from its new Sydney base.
Through two online platforms, MySail helps racing yacht owners manage their crew, from the point of hiring to all the organisational facets of scheduling.
Campaign Monitor has announced the acquisition of Tagga, which will be integrated to allow businesses to track and visualise customer’s behavioural data.
The UK DIT is partnering with the ACC to send five Aussie fintech startups to the UK to participate in the inaugural British Australian Fintech Forum.
National Australian Bank (NAB) has announced its alliance with two global leading financial institutions- Israel’s Bank Leumi and the Canadian Imperial Bank of Commerce (CIBC). The alliance will open up opportunities for NAB to tap into international innovation initiatives and insights, with a major focus on looking at blockchain technology.
Shnarped, which helps fans and athletes of all ages and skill levels capture and relive the action with their app, can most easily be described as Instagram for sports. The app allows users to post and watch videos of amateur or professional sporting moments, adding filters, music, stickers, and slow motion for the truly epic moments.
The concept of a smart bike has been around for a few years, with smart tools ranging from a pedal that works as a basic fitness tracker to monitor distance travelled through to expensive e-bikes fitted with control screens and USB ports to help cyclists charge their phones as they ride. A Canadian startup has come up with a tool that sits somewhere in between: the SmartHalo.
Through SheEO, an organisation dedicated to helping women entrepreneurs, Vicki Saunders is asking 1,000 women to commit to ‘An Act of Radical Generosity’ – that is, to donate $1,000 each to create a $1 million fund that will be distributed among 10 women-led ventures.
All startups have meagre beginnings, despite the lofty histories they relay to the public. On GoPitch, the next big thing could start with a 35-second audio pitch. At the same time, it’s a forum that could stop a bad idea in its tracks before an entrepreneur burns a hole in their hip pocket.
A BlueChilli startup StarPower – founded by Sydney-based Matt Heisie, Canada-based Terri Hitchcock and Hollywood-based Monica Matulich – decided to take things one step further, creating a social media platform that allows celebs to have meaningful conversations with their fans based on how interactive their fans are. With an interesting monetisation model and social charity engagement, the startup is set out to further disrupt how celebrities communicate with their fan base.
Lisa Yamazaki is one entrepreneur that broke free from the corporate chains that kept her from pursuing her true passion – nature, animals and Africa.
Australia’s leading business printing franchise, SNAP Franchising Limited (SFL), today announces international alliance with two prominent print and design groups in North America.