News & Analysis

5 things you should know about tech today

- October 18, 2019 2 MIN READ

Friday already? Here’s the latest in tech news. 1.  Atlassian had a good quarter and went shopping The Sydney-based global tech giant released its quarterly earnings today, revealing an 36% jump in revenue from 12 months earlier to US$363.4 million – 28 cents earnings per share (EPS). The result beat Wall Street expectations of $351… Read more »

News & Analysis

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 »

News & Analysis

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 »

News & Analysis

EY FINTECH CENSUS: The Hayne royal commission was a blessing, but now money is tight

- October 17, 2019 4 MIN READ

The 2019 EY FinTech Australia Census reveals the Hayne Financial Services Royal Commission was good for the local fintech sector 42% of fintechs say relationships with existing financial institutions improved over the past year 77% of fintechs are now post-revenue and median revenue has grown 80% from 2018 Nearly half report a stronger uptake of… Read more »

News & Analysis

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 »

News & Analysis

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 »

News & Analysis

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 »

News & Analysis

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 »

News & Analysis

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 »