Consumer Data Right

How Open Banking can fuel the rise of fintechs and neobanks

- January 6, 2021 4 MIN READ

Two areas that could soon dominate the Australian finance space are the increased success of the fintech industry and the movement toward the adoption of open banking. Interestingly, an ecosystem built on the security needs of banks for sharing consumer data will see fintechs become more intrinsically linked to the innovation opportunities open banking allows… Read more »

Brighte
Funding

Grok Ventures backs Brighte in $100 million raise

- January 4, 2021 < 1 MIN READ

Green energy finance provider Brighte has raised $100 million to move into energy retailing. The $100 million round was led by Grok Ventures, the family investment company run by billionaire Annie Cannon-Brookes and her husband Mike. Founder & CEO Katherine McConnell said the fund will be used in three key areas: acquiring more solar households,… Read more »

Healthtech

Meet Edna: the chatbot that helps patients make a difficult medical decision

- January 4, 2021 4 MIN READ

Allow us to introduce Edna — Australia’s first “genomics chatbot”. The opening dialogue of Edna the chatbot. Edna (short for “electronic-DNA”) helps patients make informed decisions about seeking “additional findings” testing. Additional findings testing looks for variants in patients’ genes that aren’t relevant to their current health, but may be later on. For example, it… Read more »

Startup Daily on Ausbiz

Startup Daily TV: Zenify helps shoppers support their favourite causes

- December 24, 2020 < 1 MIN READ

Zenify has developed two brands: Zenify Pets and Zenify Earth, which donate products that support the causes closest to the hearts of people buying their products. Founder Andonis Sakatis set out to make world a better place with his profits-for-purpose business. The Zenify Pets range includes grooming, toys, leads and feeding bowls, while Zenify Earth is all about… Read more »

News & Analysis

Chris Ridd on 2020’s best and worst, the year ahead and books he’s reading this summer

- December 23, 2020 5 MIN READ

Ask anyone in Melbourne, where they spent 111 days in a second major lockdown to get Covid-19 under control, about 2020 and they’ll give you a mixed reaction, including startup advisor and investor Chris Ridd. On the upside, he’s a Richmond Tigers supporter.  As part of our summer series looking back on an extraordinary year… Read more »