Tyro has announced Robbie Cooke, the former managing director and CEO of Tatts Group, will take on the role of CEO at the end of March.
A researcher at Charles Sturt University working to create environmentally sustainable solutions for the Murray-Darling Basin is among the first recipients of a commercialisation grant from the government’s Global Connections Fund.
Tyro Payments, the Sydney-based fintech company looking to become the next big Australian bank, has announced the appointment of Gerd Schenkel as its new CEO. Current CEO Jost Stollmann will move to the position of full-time executive director.
The NSW Government has today announced a $12 million Boost Program to develop a statewide innovation network. The program aims to connect startups to the resources and qualified professionals they need to help build their businesses.
As it gears up to open its Melbourne office, Chinese ecommerce giant Alibaba has announced the signing of an agreement with the Australian Trade and Investment Commission, Austrade, that will look to strengthen trade opportunities across Australia and China.
Australian small business lending marketplace Bigstone has secured $3 million in a seed funding round led by CVC Limited, Lighthouse Venture Partners and Australian private investors. The funds will be used to fuel expansion and extend the reach of the fintech’s small business loan market capabilities.
Lending startup Moula, which provides small businesses with up to $250,000 in loans based on their data, has today announced the addition of Chris Ridd, former managing director of Xero, to its board as it gears up for growth.
NAB Labs along with The University of Melbourne have partnered to better understand what drives Australian businesses to innovate. Together they have launched The Innovation Index to measures innovation across all business sizes and sectors.
Accounting software company MYOB has announced the launch of PayDirect Online, a new card reader and online payment processing solution to help sole traders and small businesses get paid on the go.
Sydney fintech startup CurrencyVue has created a SaaS platform to streamline the whole process to help SMEs more easily identify FX risk. Founder of CurrencyVue Matthew Tyrrell said the platform aims to address the knowledge gap to help businesses make more informed hedging decisions and react quickly to market movements.
The South Australian Government has announced its investment of $7.5 million into the University of South Australia’s (UniSA) manufacturing and engineering research institute. The funding package will support a range of initiatives to help create the State’s future industries.
The City of Sydney has unveiled its tech startup action plan to support local entrepreneurs and nurture new businesses. The plan follows on from extensive community consultation and aims to foster a vibrant tech startup ecosystem and raise the profile of innovative startups.
Sydney-based recruitment startup Skilld has today launched its platform to address the high demand of skills in the hospitality industry. Founder of Skilld Gen George, together with the minister for skills and small business John Barilaro will open up the new match-making service to SMEs and skilled workers.
Westpac’s VC fund Reinventure has invested in fintech startup Valiant Finance, a business loan marketplace that matches borrowers with lenders to provide SMEs with an alternative source of funding. This is the second round of funding for Valiant, with Westpac in the process of finalising the deal, following on from its first seed investment of $800,000, along with H2 Ventures and a range of angel investors.
Following on from a partnership deal with Westpac earlier this year, Australian fintech startup Octet has today partnered with Chinese bank Asiafactor to provide SMEs with a global payment platform. Octet will now connect its customers across China to more than 10,000 world suppliers.