Woman juggling
News & Analysis

A new report into how New Zealand female founders tackle raising capital reveals blokes could help fix things if they’re invested enough

- July 23, 2021 2 MIN READ

New research documenting the experiences of female entrepreneurs in New Zealand as they try to raise capital show a range of challenges that could be easily fixed. Raising Capital in Aotearoa New Zealand: Insights From Women Entrepreneurs by University of Auckland Business School researcher Dr Janine Swail, outlines the insights and experiences of 26 women.… Read more »

Mikaela Jade, Indigital
News & Analysis

Here are the winners of the YBF Lift Off awards

- July 23, 2021 2 MIN READ

Startup founders know how to face adversity head on, so after cancelling last year’s YBF Lift Off Awards, a fresh pandemic outbreak that has three states in lockdown wasn’t going to stop the 2021 event going ahead. The Lift Off Awards are part of YBF’s overarching drive for diversity. Shifting online for a YouTube-streamed virtual… Read more »

Dog, money, nurture
News & Analysis

LaunchVic is on the hunt for a fund manager for its $120 million startup fund

- July 23, 2021 2 MIN READ

LaunchVic is seeking a fund manager to run the Victorian Startup Capital Fund (VSCF), a Fund of Funds announced in the Victorian budget.  The $120 million VSCF is support Victorian early-stage technology-based startups with potential to grow into high-performing businesses. The fund manager will be charged with raising at least $60 million from the private… Read more »

horse, fall, crash
ASX

Zip shares crash on results announcement as bad debts jump

- July 22, 2021 2 MIN READ

Shares in BNPL Zip crashed nearly 8% today after the company released its Q4 trading update. The fintech (ASX: Z1P) painted a rosy growth picture, but analyst nemesis UBS said the 4Q volumes “were below expectations” resulting in a  “significant volume miss” compared to forecasts, with US momentum starting to slow. Zip closed at $6.99,… Read more »

Providoor, Shane Delia
Food delivery

Providoor, the restaurant food delivery startup founded by chefs, has launched in Sydney

- July 22, 2021 2 MIN READ

When pandemic lockdowns hit leading Melbourne chef Shane Delia last year, he became a startup entrepreneur, launching Providoor, a restaurant meal delivery service taking on the tech giants and putting more money back into the pockets of struggling restaurateurs.  In the last 12 months Providoor generated more than $40 million in revenue for the Melbourne… Read more »

Dr Kate Cornick
News & Analysis

Victorian startups created nearly 6000 new jobs in just 3 years

- July 21, 2021 3 MIN READ

A new report into Victoria’s startup sector reveals that any politician wanting to promise voters jobs should be looking to back startups.  The Startup Employment in Victoria report bydealroom.co, in collaboration with LaunchVic, found a 10.75% increase in startup jobs year-on-year between 2018 and 2020. Around 5,900 direct new local jobs were created by local… Read more »

David Hyman, Lendi
Leadership

THE BIG JAB: Fintech leaders are rallying startup founders to offer paid vaccination leave to staff

- July 20, 2021 2 MIN READ

The founders of leading local fintechs, including Prospa, Zip, Athena Home Loans and Honey Insurance will offer paid vaccination leave for all permanent employees, joining a campaign to encourage other Australian company owners to do the same. David Hyman, co-founder and CEO of Lendi Group is behind the push, dubbed the Great Aussie Vaccine Drive, saying… Read more »