Funding

Canva’s valuation has surged towards $20 billion following a new $93 million raise

- April 7, 2021 2 MIN READ

Australian design giant Canva has a staggering new valuation of US$15 billion (A$19.6bn) following a fresh US$71 million (A$93m) investment.  That figure more than doubles the company’s last A$8.7 billion valuation in less than 12 months following an A$87 million raise in June 2020. In just 18 months, the privately-owned design startup has more than… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 1, 2021 2 MIN READ

It’s Thursday and the end of the week. Have a good Easter, stay safe and catch your breath. Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s today’s tech news.    Deliveroo’s leftovers Like a meal served cold, UK food delivery business Deliveroo’s IPO… Read more »

ASX

The golden era for BNPL shares is over for now

- March 31, 2021 2 MIN READ

The stellar rise on buy-now-pay-later fintechs on the ASX appears to have halted, with market leaders such as Afterpay falling briefly below $100 a share in trading today amid a three-month low for BNPL stocks. Afterpay (ASX: APT) ended the day up slightly at $101.50, but remains a long way off its mid-February high of… Read more »

News & Analysis

Your 90-second guide to the day in tech Weds

- March 31, 2021 2 MIN READ

Welcome to Wednesday and the second-last working day of the week ;-). Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s today’s tech news.  Visa goes crypto Credit card giant Visa is embracing cryptocurrencies, announcing it will use USD Coin (USDC), a stablecoin backed… Read more »

News & Analysis

Your 90-second guide to the day in tech

- March 30, 2021 3 MIN READ

Happy Tuesday all. And a very happy first anniversary to our colleagues at ausbiz.com.au who, on this crazy and uncertain date 12 months ago, launched a tech startup that brought Australian business news into the digital era with a brand new TV streaming service. Congrats gang. It’s great to have both watched and experienced the… Read more »

News & Analysis

Your 90-second guide to the day in tech

- March 29, 2021 3 MIN READ

Welcome to Monday and the latest tech news.   Nine cyberattack TV and newspaper empire Nine Entertainment Co has called in the federal government’s global threats intelligence organisation, the Australian Signals Directorate, after an apparent cyber attack took down its broadcasting systems on Sunday. The hack stopped the Weekend Today program going to air. The… Read more »

News & Analysis

Your 90-second guide to the day in tech

- March 26, 2021 3 MIN READ

Happy Friday and congrats on making it through another working week       House hustle Real estate is one of the world’s oldest hustles in the world, so we were intrigued by a Forbes profile on US startup Pacaso, which is basically a share holiday house platform. Just five months old, it’s already claiming… Read more »

Funding

Linktree clicks on $59 million in Series B

- March 26, 2021 < 1 MIN READ

Melbourne-based social media venture Linktree has tapped the market for more cash, just five months after its A$15 million series A, raising another US$45m (A$59m) in a Series B The round was co-led by European VC Index Ventures, and New York’s Coatue. AirTree Ventures and Insight Partners returned as investors with a Who’s Who of… Read more »

News & Analysis

Your 90-second guide to the day in tech

- March 25, 2021 3 MIN READ

G’day all and happy Thursday. Here’s the latest news from around the traps.   Humming along Humm (the BNPL formerly known as Flexigroup) hasn’t been the sexiest of fintechs, and has been largely ignored by investors for stocks such as Afterpay and Zip. But in releasing results today Humm’s (ASX: HUM) CEO Rebecca James argues… Read more »