Sydney startup Hireup has come out in first place in this year’s Deloitte Tech Fast 50 list, with zipMoney and Zero Latency rounding out the top three.
Westpac has invested $40 million into ASX-listed zipMoney through a private share placement for a 17.11 percent stake in the company, with a further $8 million to be invested subject to performance.
Sydney-based fintech zipMoney has announced a strategic partnership with global ecommerce tool Shopify, which will see the startup’s digital wallet solution rolled out to Shopify’s network of merchants.
Three months after announcing its proposed acquisition of Sydney fintech startup Pocketbook, zipMoney has this week closed the deal, acquiring the startup for $6 million in cash.
Sydney fintech startup zipMoney has announced an oversubscribed placement of $20.6 million to institutional and sophisticated investors. The placement is part of zipMoney’s funding plan to further expand its product offering, rollout new payments product zipPay and acquire personal finance management software, Pocketbook.
Sydney-based fintech startup zipMoney, described as ‘online lending meets the checkout’, listed on the Australian Securities Exchange (ASX) yesterday after raising $5 million in an oversubscribed reverse takeover of mineral exploration company Rubianna Resources.