Fintech

CBA’s x15ventures buys hospitality platform Doshii

- January 28, 2021 2 MIN READ

The Commonwealth Bank venture scaling entity, x15ventures, has made its fifth acquisition in the 12 months since launching, adding hospitality platform Doshii to its portfolio. The cloud-based startup connects food apps with a venue’s point of sale system. The acquisition was announced at CBA’s 2021 technology update at the bank’s new tech hub at South Eveleigh,… Read more »

News & Analysis

CBA’s x15ventures ramps up leadership team with Jane Martino and Ben Heap signing on

- January 27, 2021 2 MIN READ

Commonwealth Bank’s venture scaling entity, x15ventures, has made two key appointments, including its first non-executive, independent chairman in Ben Heap, while Jane Martino will become x15’s first external portfolio adviser. Heap is prominent in startups and investment, as founder of fintech VC fund H2 Ventures, having invested in more than 50 fintech start-ups over the… Read more »

Fintech

CBA copies NAB in the fight against BNPLs offering a Mastercard ‘no interest’ credit card

- September 11, 2020 2 MIN READ

The Commonwealth Bank has launched a near-identical “no interest” credit card just a day after NAB announced it was launching its flat fee StraightUp Card on Thursday. Aside from slightly different monthly fee rates, the only other key difference is that while NAB partnered with Visa, CBA’s “CommBank Neo” is a Mastercard product. Like StraightUp,… Read more »

Fintech

CBA’s x15 Ventures is offering $150,000 in funding for a fintech startup helping young people with their finances

- September 9, 2020 < 1 MIN READ

The Commonwealth Bank’s VC fund, x15 ventures, is holding a second Xccelerate fintech pitch event, with the winning idea landing $150,000 from CBA. The virtual pitch on November 3-4, and applications for Xccelerate are open until September 27. You can apply here. The shortlisted startups will be notified by October 23. x15 ventures is running Xccelerate… Read more »

News & Analysis

A small business startup building relationships with corporates has won the $300,000 prize from CBA’s new accelerator program

- July 24, 2020 3 MIN READ

Two sisters connecting small companies with corporate buyers have won the inaugural Xccelerate2020 venture program hosted by the Commonwealth Bank’s X15 Ventures, landing a prize worth more than $300,000 from CBA and Microsoft. Frances Atkins and Naomi Vowel co-founded givvable, a platform that helps companies find and source sustainable suppliers. On top of $150,000 in… Read more »

News & Analysis

CommSec now has a smartphone app for small investors to trade on the sharemarket

- July 26, 2019 2 MIN READ

  Here’s an astonishing number about Australia’s $2 trillion sharemarket: just 4% of people trade online annually, despite the fact that it’s 22 years since the CBA launched CommSec, now the country’s largest online stockbroking firm. So the Commonwealth’s broking arm has taken matters into its own hands try make online trading easier and also… Read more »