Israeli fintech startup Splitit has completed the first ASX listing of the year, following the closing of a $12 million initial public offering (IPO).
The Visa Insights: Australia’s Fast Future report suggests real-time payments and person to person (P2P) payments will reach 10.1 trillion by 2023 led by demand from the gig economy.
Courier service Sendle has raised $20 million in a Series B round led by Federation, with participation from Full Circle Venture Capital, Rampersand, and Giant Leap Fund.
Financial management platform Moneytree has partnered with superannuation service Roll-it Super to enable access to its data aggregation solution.
The Remarkable Accelerator has partnered with Microsoft Australia to open up two spots in its incoming cohort to startups focused on artificial intelligence (AI) solutions.
Schultz will work with cofounders Andrew Grant and Remo Carbone to develop and commercialise technology for the food, wine, and agriculture industries.
The latest recipients of grants from the government’s Incubator Support scheme have been announced, with six organisations sharing in $2 million in funding.
Commonwealth Bank has officially rolled out Apple Pay for Commonwealth Bank and Bankwest customers with debit and credit cards.
Volt Bank has today been granted a full banking licence from the Australian Prudential Regulation Authority (APRA).
The state government has committed to ensuring that a minimum of 10 percent of new government fleet vehicles are electric or hybrid from 2020.
The CSIRO has launched the Rural Intelligence Platform, a platform using satellite imagery to track paddocks and their performance over time, to better inform decision making in the agricultural sector.
A smart transit hub nicknamed Matilda has been launched in South Australia to test the integration of autonomous vehicles into daily life.
Alternative business lender Capify secures $135 million credit facility from Goldman Sachs Private Capital
Alternative business lender Capify, launched in 2008, has secured a $135 million credit facility from Goldman Sachs Private Capital.
Bookended by Canva’s $51 million unicorn-making round in January and Deputy’s $111 million Series B at the end of November, Australia saw venture capital investment in local startups reach $1.25 billion in 2018.