Commonwealth Bank-backed Swedish bank and payments fintech Klarna has raised US$1 billion (A$1.3bn) in a fresh equity round from new and existing investors that gives values the business at an astonishing US$31 billion (A$40bn). That new valuation is a 200% jump on just six months ago, and a rise of nearly 500% on the US$5.5bn… Read more »
Former Commonwealth Bank executive Angela Clark has been appointed CEO of Beem It, the P2P payments app launched by a handful of banks earlier this year.
The RegTech Association has appointed former general manager Deborah Young as its new CEO, with Commonwealth Bank’s Jasper Poos coming on as a director.
Commonwealth Bank, Westpac, and National Australia Bank are launching a payments app to enable instant payments for consumers and businesses.
Blockchain startup R3 raises US$107 million Series A with participation from Westpac and Commonwealth Bank
Blockchain startup R3 has announced the close of a US$107 (AU$143) million Series A round, marking the largest raise for a blockchain startup to date.
This will allow any vendor using the point-of-sale system to essentially become a delivery-ready store, with GetSwift automatically queueing, batching, routing, and dispatching the delivery of any products purchased through an Albert POS.
MEETIG8’s online job marketplace provides a simplistic and cheap way for companies to hire freelance risk compliance and audit professionals.
Wagga Wagga coworking space Working Spaces HQ has announced the second cohort taking part in Incubate @ 35 degrees, its regional incubator program.
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
The Commonwealth Bank of Australia (CBA) has today announced the signing of a Memorandum of Understanding (MoU) with Ant Financial Services Group’s mobile and online payment platform, Alipay.
Today NAB and Telstra announce a startup joint venture to offer small businesses a digital marketplace. The new marketplace called Proquo will provide more than two million Australian small businesses an online platform where they can network, trade or swap services with one another.
Sydney fintech startup Kounta has today announced a partnership with the Commonwealth Bank which will see a range of payment and point-of-sale processes integrated into the bank’s EFTPOS tablet ‘Albert’.