● 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 »
South Australia begins program to launch a low-orbit small satellite as next phase in burgeoning space economy. Led by the SmartSat Cooperative Research Centre (CRC), the AUD$6.5 million SASAT1 Space Services Mission was announced on Wednesday in Adelaide, South Australia. Based at Lot Fourteen, which is also home to the Australian Space Agency, the SmartSat… 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 »
Over the past few years, Australians have embraced online food delivery services such as UberEats, Deliveroo and Menulog. But home-delivered food comes with a climate cost, and single-use packaging is one of the biggest contributors. Our research found Australians placed 27 million online food orders in 2018. By 2024, this number is projected to increase… 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 »
Iranian police confiscated more 45,000 bitcoin mining machines, chewing up around 95 megawatts per hour (MWh) of electricity, because the miners were using cheaper, subsidised power illegally, according to local media agency Tasnim News. To put that in perspective, that’s around half the capacity of South Australia’s Tesla “big battery” plant (aka Hornsdale). Iranian authorities… Read more »
Buy-now-pay-later fintech Zip has nearly doubled the amount it raised in its Share Purchase Plan (SPP), issuing more than 10 million new shares worth $56,739,524. Zip (ASX:Z1P) set out to raise $30 million through the SPP, but also accepted an extra $26,739,524.95 in oversubscriptions from eligible shareholders, who could subscribe for up to $30,000 worth… Read more »
Statista expects more than 2 billion people worldwide to buy products online in 2021. By 2023 almost a quarter (22%) of all retail sales will be online. So, what does this mean for small business owners? Consumer confidence in eCommerce surges Fuelled by the pandemic, the push to online sales was unrelenting in 2020. Lockdowns… Read more »
Hello and welcome to Startup Daily’s new morning column giving you 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 »
How the next generation gets a taste of startup life is about to change with Tank Stream Labs and talent acquisition and internship venture Australiance teaming up to launch an internship program for the startup community. The partnership will give startups that are Tank Stream Labs members and alumni access to a ‘pool’ of interns with different… Read more »
When Michael Koss landed in India last year to work on developing his joint venture Australian-Indian startup, Digitology Healthtech, little did he realise the important role the technology would play in his own health and saving his life. Koss is CEO of Health and Patient Services (HPS), which is developing the startup with Indian healthcare… Read more »
Zip raised an extra $26.7 million from its eager shareholders
Tank Stream Labs teams up with Australiance for startup internship program
Yes, a guy has nearly lost $340 million worth of Bitcoin after forgetting his password, but he’s a small part of a $200 billion problem
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