GetSwift
Business

Logistics software startup GetSwift is dead in Australia, on life support in the US

- August 5, 2022 3 MIN READ

Former ASX-listed logistics tech company GetSwift has placed its Australian arm in the hands of liquidators, while the publicly listed parent business, GetSwift Technologies, has been suspended from Canada’s NEO Exchange after filing for Chapter 11 bankruptcy protection in the US. The company’s Australian subsidiary, GetSwift Ltd, was placed into liquidation on July 29 with… Read more »

People

Another Spaceship director has copped a ban by ASIC

- June 8, 2022 2 MIN READ

Millennial super fund and fintech startup Spaceship Capital is at the centre of yet another sanction by the company regulator ASIC, which this time has forced the resignation of the company’s chairman, Paul Dortkamp. ASIC has banned Dortkamp, who was also a director of Ellerston Capital, from performing functions as an officer and responsible manager… Read more »

Fintech

The former boss of millennial super fund Spaceship handed 6-year ban

- January 21, 2022 2 MIN READ

The former CEO of fintech startup Spaceship has been banned from acting in the financial services sector for six years by the corporate regulator, ASIC. Paul Kevin Bennetts, of Elanora Heights on Sydney’s Northern Beaches, was found to have dishonestly obtained his Australian Institute of Company Directors (AICD) qualification following an investigation by the company… Read more »

dogecoin, cryptocurrency
Cryptocurrency

Corporate watchdog ASIC has moved to licence cryptocurrency investment

- November 2, 2021 2 MIN READ

Corporate regulator, the Australian Securities and Investment Commission (ASIC) is ramping up its oversight of the investment side of the local cryptocurrency market with licences for crypto-asset holders. The regulator has introduced a new “crypto-asset” section in its licensing applications and responsible entities seeking to hold them will need that an authorisation in relation to… Read more »