Payments startup Hyperwallet has expanded into Australia, looking to target growth across the Asia Pacific region from its new Sydney base.
Port Adelaide to host pitching event connecting five South Australian businesses with Chinese investors
Port Adelaide is working with the state government to host an Investment Attraction Forum, selecting five businesses to pitch to 25 Chinese investors.
They’re our biggest trade customer and have a market economy worth more than AU$10 trillion, but China is no longer just interested in our trade. They’re interested in our startups.
Just a few weeks after leaving her post as VP of Twitter’s APAC business, Aliza Knox has been appointed chief operating officer of adtech startup Unlockd.
The MDEC has announced the development of new digital startup hubs and incentives that it hopes will attract Australian startups to Malaysia.
Australia’s game development industry has massive potential for growth as an export industry, according to an independent survey by IGEA and GDAA.
BMY Group, a wealth management and corporate advisory firm assisting Chinese investors with opportunities in the Australian market, has announced the launch of a $50 million fund it will look to invest in Australian startups that have potential for growth in Asia.
Brisbane-based cybersecurity startup Entersoft has been selected to take part in the SuperCharger FinTech 2.0 accelerator program, kicking off in Hong Kong early next year.
The Regional Collaborations Programme looks to encourage research organisations, universities, and ‘R&D intensive businesses’ to collaborate on new products with partners in the Asia Pacific.
UNSW partners with India’s Tata Consultancy Services to collaborate across VR, robotics, and machine learning
UNSW has partnered with Indian IT services company Tata Consultancy Services to explore collaboration across areas including virtual reality, robotics, data analytics, and machine learning.
As it gears up to open its Melbourne office, Chinese ecommerce giant Alibaba has announced the signing of an agreement with the Australian Trade and Investment Commission, Austrade, that will look to strengthen trade opportunities across Australia and China.
Australian small business lending marketplace Bigstone has secured $3 million in a seed funding round led by CVC Limited, Lighthouse Venture Partners and Australian private investors. The funds will be used to fuel expansion and extend the reach of the fintech’s small business loan market capabilities.
Venture capital-backed fintech companies in Asia raised $2.6 billion in the first quarter of 2016, according to KPMG’s latest Pulse of Fintech report, making up more than half of the $4.9 billion raised across 218 deals globally.
Sydney will soon become home to another startup coworking space, with HaymarketHQ set to open in Chinatown over the next few months.
Melbourne-based venture capital firm Trimantium Capital and US firm Winklevoss Capital have announced a potential co-investment in blockchain technology. Both firms are currently in the co-investment development stage and aim to leverage off each other’s deal flows to expand the presence of blockchain in Asia.