News & Analysis

Pharmacy tech startup MedAdvisor is launching home delivery – and its shares are soaring

- March 26, 2020 2 MIN READ

 ASX-listed MedAdvisor has fast-tracked plans to launch an “Uber” for pharmacy delivery services as part of the company’s response to the COVID-19 crisis.  MedAdvisor (ASX: MDR) shares have soared more than 25% today on the news to close at 42 cents, with the company’s CEO, Robert Read, saying they’d skip a pilot phase and go… Read more »

News & Analysis

OZDAQ: The ASX’s new tech index goes live on Monday with 46 companies worth $100 billion

- February 21, 2020 4 MIN READ

  A new index featuring ASX-listed companies in the fast-growing technology sector launches on the Australian stock exchange on Monday. The S&P/ASX All Technology Index (All Tech Index), a partnership between the ASX and  S&P Dow Jones Indices using the S&PDJI methodology, will go live on February 24, with an Australian version of the US… Read more »

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News & Analysis

Shares in software startup LiveTiles are soaring after Canva deal

- February 10, 2020 2 MIN READ

  Shares in ASX-listed workplace software startup LiveTiles have jumped more than 7% on news that it will introduce Canva’s design software to its subscription platform. LiveTiles connects and integrates other workplace software through Office 365 or Azure without people needing coding experience to create everything from dashboards, to employee portals, and corporate intranets. Founded… Read more »

News & Analysis

Openpay signs B2B deal with Woolworths

- February 4, 2020 < 1 MIN READ

  ASX-listed Openpay has signed a deal with Woolworths that takes the fintech into the B2B sector. Woolworths will launch Openpay for Business, which allows companies to manage trade accounts end-to-end, including applications, credit checks, approvals and account management in the one system. The move is a shift way for Openpay from buy-now-pay-later (BNPL) services… Read more »

News & Analysis

Fires Near Me, the bushfires app used by millions, is up for grabs as tech co Arq struggles to balance its books

- January 15, 2020 2 MIN READ

When bushfires ripped through communities over summer, the New South Wales Rural Fire Service smartphone app, Fires Near Me, became a crucial warning system for many holidaymakers and residents. It quickly became of Australia’s most downloaded apps, with more than two million users – and around 1.6 million downloads in the two months leading up… Read more »

News & Analysis

Openpay is the latest buy now pay later fintech to list on the ASX – and its shares slumped

- December 16, 2019 2 MIN READ

Melbourne buy now, pay later (BNPL) fintech Openpay (ASX: OPY) became the last major startup listing for 2019, although initial trading wasn’t as auspicious as MoneyMe’s debut last week and Tyro in early December. Openpay raised $50 million issue at $1.60 per share for a market capitalisation of $150 million. Demand for the IPO exceeding… Read more »

News & Analysis

Aerial mapping tech veteran Aerometrex’s IPO is a massive hit with investors

- December 2, 2019 2 MIN READ

Aerometrex is expected to have a market capitalisation of approximately AUD$95 million when listed on the Australian Securities Exchange in early December. But demand for its 25 million IPO shares valued at $1.00 each has seen the initial offer close many times oversubscribed. Aerometrex Managing Director Mark Deuter said the explosive market interest stems from… Read more »

News & Analysis

Zip Co. goes on a $60 million hunt for more cash

- November 29, 2019 2 MIN READ

  Buy-now-pay-later service Zip Co. (ASX: Z1P) is looking to raise $60 million from a share issue to fund its UK expansion and move into small business lending. The fintech announced the capital raise to the market this morning. $50 million will come from a non-underwritten placement to professional and sophisticated investors, with $10 million… Read more »