Booktopia Group (ASX: BKG) saw revenue jump by more than 50% in the second half of 2020, while earnings rose by more than 500%. The e-commerce retailer, which listed on the ASX in December at $2.30 a share, posted 52% increase in revenue first half to December 31, 2020 to $113 million (H1 FY20: $74.5 million); … Read more »
Commonwealth Bank’s venture scaling entity, x15ventures, has made two key appointments, including its first non-executive, independent chairman in Ben Heap, while Jane Martino will become x15’s first external portfolio adviser. Heap is prominent in startups and investment, as founder of fintech VC fund H2 Ventures, having invested in more than 50 fintech start-ups over the… Read more »
As part of our summer series looking back on an extraordinary year and the one ahead, we asked Kayla Medica, marketing manager at Perkbox, about the good, the bad and what she learnt from last year and what she’s looking forward to in 2021. Here’s what she said: Out of 10 (being totally awesome) what… Read more »
Female founded (or co-founded) businesses have raised around 25% more in Australian crowd-sourced funding campaigns, as well as attracting more than three times as many investors, according to a new analysis by equity crowdfunding platform Birchal. While women are underrepresented in the startup sector, especially when in comes to venture funding, it appears that public… Read more »
2020 was a good year for ASX tech stocks The S&P/ASX All Tech Index (ASX: XTX) is proof. See the chart above – it’s the green linen and even beat the US Nasdaq (light blue line. The index launched in late February last year, just before Covid-19 hammered the economy – and within four weeks,… Read more »
Hello and welcome to a Monday many Australians are taking off as a holiday ahead of celebrating the Big Day Off. Here’s the news that caught our eye. 1. Dry spell over Vinomofo co-founder Justin Dry is stepping down as CEO, replaced by the company’s chair, Paul Edginton, from next week. Edginton has chaired… Read more »
Google Australia’s managing director, Mel Silva, has told a Senate hearing into plans to force the global tech giant, as well as Facebook, to pay media companies for news, that it will turn off Google searches in Australia if the government passes the laws. Treasurer Josh Frydenberg tabled what’s known as the news media bargaining… Read more »
Happy Friday. Sorry we’re a little late today but we got distracted watching the first day of public hearings by a Senate inquiry into the Morrison government’s plans to make Google and Facebook pay Australian media companies for news content. As execs from the likes of Google, Facebook, Nine, News, The Guardian, ABC, and ACCC… Read more »
● Q2 quarterly revenue of $102m (up 88% YoY). ● BNPL December revenue $40.2m (up 94% YoY). ● Transaction volume of $1.6b (up 103% YoY). ● December transaction volume of $628.4m (up 104% YoY). Shares in buy-now-pay-later fintech Zip Co Ltd (ASX: Z1P) have jumped more than 12% in early trade on Thursday after the… Read more »
It’s Thursday and the fourth day of our new 90-second guide to tech news to help kickstart your day and keep you informed. Here’s what we spotted. 1. Pardon me? Before shooting through to his Florida resort, Donald Trump used his last day in the presidential office to pardon 144 people, most notably, his former… Read more »
The corporate behaviour of online retailer Kogan Australia Pty Ltd has caught the attention of regulators once more, with the company fined $310,800, this time for breaches of Australian spam laws. An Australian Communications and Media Authority (ACMA) investigation found Kogan (ASX: KGN) sent more than 42 million marketing emails to consumers that made it… Read more »
Welcome to Wednesday and Startup Daily’s new morning column offering a quick run down on the things you need to know both locally and globally about what’s happening in tech. Every day we’ll cover the breaking news of the day and the big talking points from overnight to get the day off to a cracking… Read more »
Four of Australia’s finest female technology experts have a launched a new weekly podcast, Queens of the Drone Age covering the key talking points in tech. Rae Johnston, the science and technology editor at NITV and SBS, Mashable reporter Amanda Yeo, Gizmodo Australia editor Tegan Jones and Good Game Spawn Point presenter Angharad Yeo are… Read more »
Payments fintech Tyro may already be looking forward to 2022 after a tough start to the year, with lawyers threatening a class action against company, nearly 10% left without working payments terminals and instead shifting to square and a short-seller targeting the business. But investors are sticking by Tyro (ASX:TYR) with its share price soaring… Read more »
Happy Tuesday and welcome to Startup Daily’s new morning column offering a quick run down on the things you need to know both locally and globally about what’s happening in tech. Every day we’ll cover the breaking news of the day and the big talking points from overnight to get the day off to a… Read more »
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
‘Have I gone too far?’ How founders can beat their startup demons 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
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