will davies
Mergers & Acquisitions

Uber gobbles up Car Next Door

- January 20, 2022 2 MIN READ

Australian startup Car Next Door has sold to the US tech giant Uber after a decade in business. The price of the acquisition was not disclosed The peer-to-peer car rental platform first launched in Sydney in 2012 and now operates in all capital cities except Darwin, as well as the Gold Coast, Cairns,Launceston, and Newcastle.… Read more »

Mergers & Acquisitions

Canadian software company Marpost acquires Australian ecommerce platform Retail Express for $61 million

- January 19, 2022 2 MIN READ

The global expansion plans of Canadian ecommerce company Maropost continue with the acquisition of 15-year-old Australian retail platform Retail Express for CN$55 million (A$61m). Retail Express is the Australian & New Zealand leader in point-of-sale systems for mid-market and enterprise retail brands. Founder and CEO Aaron Blackman has bootstrapped the business since its launch in… Read more »

RBA
Cryptocurrency

The RBA’s digital currency project could create a ‘dystopian nightmare’

- January 18, 2022 3 MIN READ

Experts are warning the Reserve Bank of Australia (RBA) needs to be extremely carefully about how it pursues a Central Bank Digital Currency (CBDC) with fears it could destabilise the economy or create a dystopian nightmare. Central banks around the world are now exploring the evolution of fiat currency through CBDCs in response to the… Read more »

Covid-19

4 numbers to keep an eye on if you’re trying to predict when the Omicron Covid wave will end

- January 18, 2022 4 MIN READ

Before Australia’s recent changes to COVID testing, working out when we reached the peak of cases was, in principal, straightforward. We looked at the numbers of new daily cases, diagnosed via PCR. From there, we worked out a range of other key indicators related to COVID spread, testing and hospitalisation – each dependent on those… Read more »

horse, fall, crash
ASX

Payday lending fintech Beforepay tanks on debut

- January 18, 2022 2 MIN READ

Payday lending fintech Beforepay had the $35 million value of its IPO wiped away on debut on the ASX today, with the company’s share price plunging 44% in its first day of trade. Making an early bid for 2022’s worst opening day – the drop saw Beforepay (ASX: B4P) float at $3.41 per share, but… Read more »

Zibra
Antler Australia

Zibra is a smart digital wallet that consolidates all your existing cards

- January 14, 2022 3 MIN READ

People have wallet overload. Most of us have multiple cards and accounts; business, personal, joint account, investments, home loans, credit cards, debit cards, loyalty and rewards just to name a few.  With the rise of contactless transactions, Zibra co-founders Trina Ray Choudhury and Elliot Braham realised there was a huge opportunity to automate the way… Read more »

Bored Ape
Cryptocurrency

NFTs are an overblown speculative bubble fuelled by pop culture and cryptomania

- January 14, 2022 4 MIN READ

Comedian Robin Williams once called cocaine “God’s way of telling you you are making too much money”. This role may now have been overtaken by non-fungible tokens, the blockchain-based means to claim unique ownership of easily copied digital assets. The latest NFT mania involves fantastic amounts of money being paid for “Bored Apes”, 10,000 avatars… Read more »

Nazim Ali is CEO of airwallex
Fintech

Global fintech Airwallex launches in Singapore today

- January 13, 2022 2 MIN READ

Homegrown global fintech Airwallex has announced its official launch into Singapore today following its November grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore. The approval will see Airwallex progressively introduce a suite of product and service offerings that will enable businesses in Singapore to operate and grow globally and… Read more »

Mergers & Acquisitions

HungryPanda gobbles up Asian food delivery platforms Easi and Buy@Home

- January 11, 2022 2 MIN READ

UK-based Asian food delivery platform HungryPanda, has snapped up two local rivals, acquiring Melbourne-based startup Easi and New Zealand’s Buy@Home. The terms of the deal were not disclosed. The acquisitions mean HungryPanda, founded in 2017, now operates in 10 countries, including the UK, France, Italy, the US, Canada, Australia, New Zealand, Japan, South Korea and Singapore, across 60 cities.… Read more »