Canva cofounders
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Canva adds another $1.1 billion to its value after a $125 million raise

- October 17, 2019 2 MIN READ

Canva co-founders Cameron Adams, Cliff Obrecht and Melanie Perkins. Photo: supplied Privately-owned online design startup Canva says its market value is now US$3.2 billion (AU$4.7bn) after a US$85 million (AU$125m) raise revealed on Thursday. Those lining up to support Canva’s 7th raise – taking the total investment to AU$333 million in five years – with… Read more »

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5 things you should know about tech today

- October 17, 2019 2 MIN READ

Hello Thursday! Here’s the tech news.   1. UBS says sell Afterpay  Shares in buy now, pay later fintechs are copping a beating today. A research note by investment bank UBS placing a sell rating on Afterpay and rival Zip, appeared to spark an investor stampede for the exits. Two days after hitting a record high of… Read more »

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This new fintech app lets investors manage their property portfolio on a phone

- October 17, 2019 2 MIN READ

Properlytics, a new proptech platform for property owners to keep track of the value of their investments has been released by Brisbane fintech developer Brodie Haupt. Designed so investors can manage and track the performance of their real estate portfolio and keep all the information at their fingertips, Properlytics saves hours in record-keeping and staying… Read more »

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Australia’s top fintech investors will debate the latest funding trends in Melbourne

- October 16, 2019 2 MIN READ

The most recent trends in fintech investment in Australia will be debated by some of the investors at the forefront of the sector a special Techboard Roundtable in Melbourne this Friday, October 18. Presented in association with Fintech Australia and the Intersekt Festival, the Techboard roundtable discussion will  focus on the future of funding for… Read more »

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5 things you should know about tech today

- October 16, 2019 3 MIN READ

Welcome to Wednesday. Here’s today’s tech news. 1. Global fintechs are preparing to hit Australia UK software startup TrueLayer is heading to Australia in 2020, The SMH reports, paving the way for a bunch of fintechs to take advantage of the country’s open banking policy when it kicks off in February. TrueLayer’s software is an… Read more »

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Digital bank Up strikes TransferWise deal for overseas payments

- October 15, 2019 < 1 MIN READ

Up co-founder Dom Pym and TransferWise head of banks Murali Akella. App-based neobank Up is partnering with fellow fintech TransferWise to offer international payments in 52 currencies. More than 130,000 Up users will be able to make overseas payments from their transaction account under the deal. Up co-founder Dom Pym said the integration with TransferWise… Read more »

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MONEY BAGS: Luggage startup July raises $10.5 million

- October 15, 2019 < 1 MIN READ

July co-founders Athan Didaskalou and Richard Li, with Strandbags MD Felicity McGahan (centre). Melbourne luggage brand July, already set to book more than $5 million revenue in its first year, has raised A$10.5 million in a Series A, led by veteran accessories retailer Strandbags and a private investor. Strandbags is owned by Michael Lewis, chairman… Read more »

Steve Jobs
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5 things you should know about tech today

- October 14, 2019 2 MIN READ

  Happy Monday everyone. Here’s the latest tech world news from around the globe. 1.  WeWork needs to find a major financial backer or it’s the end within weeks. WeWork’s financial woes are so severe that the business could run out of cash by the end of November, some analysts believe. Will SoftBank, having already… Read more »

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How their father’s illness inspired two brothers to create the multi-million startup Maison de Sabre

- October 14, 2019 3 MIN READ

Omar and Zane Sabre, co-founders of Maison de Sabre When Zane and Omar Sabre’s father was diagnosed with leukemia the brothers were faced with a dire situation – how could they come up with the money to pay for treatments, and ensure Zane could continue his university education? When their father’s diagnosis was made, Zane… Read more »

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5 things you should know about tech today

- October 11, 2019 3 MIN READ

  Welcome to Friday. Enjoy the weekend.   1. US retail giant Walmart employs 50,000 software engineers Stop knocking on Atlassian’s door and try David Jones if you’re looking for a tech job. Business Insider reveals that Walmart, the world’s biggest retailer with more than 11,000 stores globally and 2.2 million employees, is also pushing… Read more »

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The CSIRO is shutting down its ON startup accelerator program

- October 10, 2019 2 MIN READ

David Burt, executive manager and co-founder of the CSIRO’s ON program. Photo: supplied The CSIRO is shutting down its ON startup accelerator program as funding for the program established as part of former Prime Minister’s Malcolm Turnbull’s “innovation nation” dries up. ON launched in 2015 as part of CSIRO’s Innovation Catalyst strategy, the program landed… Read more »