News & Analysis

Woolworths VC fund W23 backs ecommerce startup Longtail UX in $2.25 million raise

- August 14, 2020 2 MIN READ

Retail tech startup Longtail UX has raised $2.25 million led by Woolworths Group’s venture capital arm, W23, and Steven Lew’s Global Retail Brands.  The supplementary equity comes on top of $3 million round in March this year, led by Investec through its Investec Emerging Companies Fund I. Woolworths is looking at adopting the startup’s technology across… Read more »

News & Analysis

Fintech Assembly Payments is launching e-commerce joint venture with UK banking giant Standard Chartered

- February 12, 2020 2 MIN READ

British banking multinational Standard Chartered is launching a joint venture company with fintech Assembly Payments to develop next generation payment solutions for the US$29 trillion e-commerce sector. The deal is a major coup for Assembly Payments, which launched in Melbourne in 2014, began providing online payment solutions with escrow services for marketplaces and platforms, before… Read more »

Profiles

Vinomofo gets mainstream recognition with Online Retailer of the Year award

- July 28, 2015 2 MIN READ

From having to change their name just before launch to their acquisition and subsequent buyback from The Catch Group, Vinomofo’s road to success has been well documented within the Australian startup community. Now the mainstream online retail industry is taking notice, with the startup taking out three awards at last week’s Online Retail Industry Awards (ORIAs), including the top prize of Online Retailer of the Year.

Profiles

Buy It Ride It: The Etsy for action sports

- August 27, 2013 3 MIN READ

BuyitRideit is an online platform dedicated to all things action sports. The site provides customers with great deals and expert advice, also allowing them to connect with retailers who are promoting their business, products and services on BuyitRideit’s rapidly growing marketplace.

Profiles

Australian startup to become the first universal anti-fraud system

- August 14, 2013 2 MIN READ

Now that businesses operate in a global marketplace, credit card fraud is no longer restricted by geography – making it harder than ever for online shop owners to protect themselves from deceit. In response, AuthoPay has set themselves to become the first “universal” credit card fraud protection service – allowing merchants to save time, money and lost stock.