Xero, Steve Vamos

Vamos says vamos as Xero losses grow

- November 11, 2022 2 MIN READ

ASX-listed accounting platform Xero has more than doubled its net loss on the previous year to the chagrin of investors who wiped more than $1 billion from the company’s valuation following the announcement and news that CEO Steve Vamos is stepping down after nearly five years at the helm. The New Zealand tech company’s half… Read more »


Register now for our next big event on October 12

- September 27, 2022 2 MIN READ

Startup Daily and AWS invite you to a unique panel and networking event to lift your founder spirit: AWS Think Big. In a series of short, sharp chats, Startup Daily Editor and Host Simon Thomsen will talk to leading founders, VCs, and tech leaders who’ve been through scaling up. As the adage goes… “a problem… Read more »


Tank Stream Labs to open another new office, this time in Barangaroo

- September 7, 2022 < 1 MIN READ

Co-working startup space operator Tank Stream Labs is preparing to open a new premium office in Sydney’s Barangaroo later this year. Tank Stream Labs has pre-committed to 4,400 square metres across two levels in International Tower Three, part of Lendlease’s carbon neutral Barangaroo precinct. “It’s very exciting,” Tank Stream Labs CEO Bradley Delamere told Startup… Read more »

HiBob - The Great Retain event header

Register now for our next webinar

- July 18, 2022 < 1 MIN READ

From an Aussie unicorn with an award-winning culture that 97 per cent of its employees rate as ‘great’, to a rising fintech star building staff loyalty as its teams grow, we’re unpacking the secrets of employee engagement, company culture and talent retention with the best of the best. Startup Daily, in partnership with modern HR… Read more »


RBA hikes interest rates by 0.25%, flags more rises

- May 3, 2022 2 MIN READ

The Reserve Bank of Australia has hiked the official cash interest rate by 0.25% to 0.35%. It’s the first increase in 11 years, in response to an accelerated annual inflation rate of 5.1%. RBA Governor Philip Lowe flagged more rate rises in response to ongoing inflation pressures over the next two years. Markets are now… Read more »

Bored Ape

This week on SUDS, the Startup Daily TV podcast: Twitter tussles, the great Ape robbery, universities transforming innovation and art NFTs

- April 29, 2022 2 MIN READ

Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. Perhaps the best reaction amid a million takes on Elon Musk’s Twitter takeover this week was employee… Read more »

MAFS wedding

Zip swallows Sezzle in $491 million BNPL takeover

- February 28, 2022 2 MIN READ

ASX-listed buy now, pay later (BNPL) fintech Zip plans to acquire rival Sezzle in a $491 million all-scrip merger. The offer, now under a definitive agreement, will see Sezzle (ASX: SZL) investors swap their holding for 0.98 Zip (ASX: Z1P) shares, with Sezzle priced at $1.78 and Zip, $2.21. The transaction offers 22% premium on… Read more »


Sydney risk management software company Protecht raises $42 million series A

- February 16, 2022 2 MIN READ

Enterprise risk management software company announced Protecht Group Holdings has raised $42 million in a Series A. California growth equity firm Arrowroot Capital backed the SaaS company. The cash injection will be used to accelerate new features in Protecht’s products, maintain and expand customer service and continued global expansion. Based in Sydney, and founded in… Read more »


Accountancy software startup Karbon counts on $93 million raise

- February 9, 2022 2 MIN READ

Accounting practice management software company Karbon has raised $US66 million (A$93m) from US investor Tidemark Capital. The seven-year-old US-based Australian venture now operates in more than 20 countries offering cloud-based business management software for SMB accounting firms. It is now the preeminent independent practice management solution in the accounting industry globally. The latest round comes… Read more »


Millennial investing platform INDX.GURU acquires US social investing platform ClosingBell

- December 6, 2021 < 1 MIN READ

Sydney investing fintech INDX.GURU is acquiring US crowd-sourced markets insights platform ClosingBell to bridge the gap between American and Australian trades. The deal adds 50,000 users to the INDX.GURU platform. The cost of the deal was not disclosed. ClosingBell offers users quick insights into the financial markets by crowdsourcing stock recommendations from thousands of traders. It… Read more »