Mina Calvert, Lacey Filipich, Caitlin Robinson & Kane Jackson.
Funding

Fintech Maslow banks $410,000 in crowdfunding raise that sets the standard for social impact investment

- May 17, 2024 3 MIN READ

Social impact startup Maslow has raised $409,676 in a crowd-sourced funding (CSF) campaign from 288 investors, including many other founders in the impact space. Investors included Brendan Doggert, country manager of Sharesies, Youpay founder Matt Holme, former ZeroCo CMO Glen Cassidy, Future Super cofounders Kirstin Hunter and Adam Verwey, Doone Roisin of Female Startup Club,… Read more »

Tony Fitzgibbon and Charlie Minutella 
Funding

Identity verification fintech Data Zoo banks $35 million after 13 years of bootstrapping

- May 14, 2024 2 MIN READ

Sydney fintech Data Zoo has raised $35 million (US$22.7m) taking on external capital for the first time. The funding came from Ashok Jacob’s Sydney investment firm, Ellerston Capital, via its JAADE fund, which has also backed startups Mable, Camms, and Phocas. The deal values the business at more than $100 million. Data Zoo’s software provides… Read more »

Patrick Nappa and Alex Simmons
Funding

Startup lender Kashcade banks $1 million raise ahead of rolling out R&D tax incentive loans

- May 1, 2024 < 1 MIN READ

Fintech Kashcade has raised an additional $1 million from existing investor Prandium Capital and several high net worths, alongside a $22 million warehouse facility funded by asset-backed lending specialist Rixon Capital. The digital lender offers startup founders non-dilutive capital and will use the debt warehouse to expand into the R&D lending space, so companies can… Read more »

Funding

Banking fintech Constantinople pockets $50 million Series A

- April 2, 2024 < 1 MIN READ

Banking-in-box fintech Constantinople has raised $50 million in a Series A. The round was led by Dutch internet investment firm Prosus Ventures, with support from existing Australian backers Square Peg and AirTree. The Sydney startup, founded in 2022 by former Westpac managers Macgregor Duncan and Dianne Challenor, previously raised US$23 million (A$32m) in a Seed… Read more »

Citro
Fintech

Fintech Citro launches rewards program for retirees, saving up to $1500 a year

- March 20, 2024 2 MIN READ

Fintech Citro has launched a rewards program for Australians around retirement age, offering savings from more than 200 retailers. AMP-backed Citro launched in 2023 and already has more than 75,000 members on its platform. They receive tailored content and insights to help them take control of their finances as they approach and manage their retirement.… Read more »

Touch Ventures CEO Hein Vogel
People

ASX-listed VC Touch Ventures and its CEO part ways

- March 12, 2024 2 MIN READ

Touch Ventures, the ASX-listed VC fund initially backed by BNPL fintech Afterpay, is breaking up with its CEO, Hein Vogel, after 4.5 years. In a statement to the market on Monday, the company said the board and CEO “have reached a consensus on his departure” with Vogel handing back his swipe card on March 29… Read more »

Employment Hero founder Ben Thompson
Business

Employment Hero founder Ben Thompson fired a broadside at one of his investors, Hostplus, claiming the super fund ‘wants to put us out of business’

- February 29, 2024 3 MIN READ

Disrupting a $3.5 trillion industry is difficult. Just ask fintechs like Cannon-Brookes-backed Spaceship, Superhero, and Verve Super. Australia’s superannuation industry gets a $362 billion compulsory cake from fees – more than $30 billion annually – and wants to eat it all too. Treasury put out a consultation paper titled Securing Australians’ Superannuation late last year… Read more »

Rehan D'Almedia
Events

FinTech Australia is ramping up its sustainability focus

- February 26, 2024 2 MIN READ

FinTech Australia is launching a new event next month aimed at showcasing sustainability-focused fintech companies. FinTech for Net Zero is a panel discussion on fintech’s role in managing the challenge of climate change. It will be held at BDO’s office Sydney office at 1 Margaret St, in the CBD, from 4pm on Tuesday, March 12.… Read more »

People

Judo Bank cofounder Joseph Healy steps down as CEO

- February 20, 2024 2 MIN READ

The cofounder of ASX-listed business lending bank Judo, Joseph Healy, is stepping down as CEO after seven years at the helm. He’ll hand the reins over to the bank’s long-term deputy CEO and chief relationship officer, Chris Bayliss, next month. The news came as Judo (ASX:JDO) announced its half-yearly results (1H24) to the end of… Read more »

Rehan D'Almedia
Fintech

FinTech Australia has teamed up with Westpac and ANZ for a reverse pitch event 

- February 1, 2024 2 MIN READ

FinTech Australia has holding a reverse pitch event later this month in a collaboration with major banks ANZ and Westpac, as well as fintech investor 1835i. The initiative will see ANZ and Westpac share selected problem statements across banking-related areas such as sustainability, payments and fraud and scams for fintech startups to tackle as part… Read more »

Mist's Dave Malcolm with Investible's Jayden Bash and his cofounder John Crutchley and Investible's Nick Ooi
Funding

International students app Mist pockets $1.6 million pre-Seed round

- December 18, 2023 2 MIN READ

An all-in-one finance and lifestyle app for international students has raised $1.6 million in Seed funding. Mist was backed by Investible, Allectus Capital, Archangel Ventures, Seedspace, and The Hunter Angels. It wants to become the go-to app for international students, offering a streamlined solution for relocating to another country to study, especially around banking and… Read more »