Shadi Haddad

Till Payments founder Shadi Haddad steps down as CEO

- March 22, 2023 < 1 MIN READ

Till Payments founder Shadi Haddad has stepped down as CEO in the wake of the fintech a $70 million raise, announced a fortnight ago. The company has declined to comment on changes to its C-suite amid board changes, and job cuts, but Paul Kawtal, CEO of Sydney-based IT and telecommunications business Ethan Group, is reportedly… Read more »


Proptech startup Downsizer bags $3.75 million in Seed round to help boomers move out and on

- March 15, 2023 2 MIN READ

Sydney-based proptech startup, Downsizer, has secured A$3.75 million in seed capital. The round was led by Correlation Australia Holdings (CAH), supported by existing shareholders, including family offices and high-net-worth individuals. It brings the total raised to date to $6.1 million. Downsizer is an award-winning startup that provides digital solutions for the finance, property, and insurance… Read more »

Cuscal MD Craig Kennedy and Basiq founder Damir Cuca

Open banking fintech Basiq sells to payments giant Cuscal

- March 10, 2023 < 1 MIN READ

Payments platform Cuscal has acquiring Consumer Data Right startup Basiq for an undisclosed sum. The deal provides an exit for investors including NAB Ventures, Salesforce Ventures and Westpac’s Reinventure, as well as Visa. The VC arms of the Australian banks first backed Basiq in 2017, doubling down in a Series A in 2021. Cuscal, owned… Read more »

Steve Smith, Bamboo

Cricketer Steve Smith is the latest celebrity to get into the crypto touting business

- March 7, 2023 2 MIN READ

Concerns about the cryptocurrency, including pending Australian regulation, have not deterred cricketer Steve Smith from wading into sector, taking a minority equity stake in Perth crypto app Bamboo, and also becoming its brand ambassador. The move by Smith comes as US sports stars including NFL legend Tom Brady, NBA star Stephen Curry and tennis champion… Read more »

DataMesh, Mark Nagy

Payments fintech DataMesh bags $30 million Series A

- February 22, 2023 2 MIN READ

Payments software scale-up DataMesh Group has raised $30 million in a Series A. The round was led by NAB Ventures, with new investors including  Deutsche Bank, ANZ’s VC arm, 1835i Ventures, Wunala Capital, Fifth Estate and Peregrine Corporation. NAB Ventures previously backed DataMesh in late 2021 in a $12 million pre-Series A raise. The Sydney… Read more »


Investment platform Superhero rehires an OG marketer as its head of strategy 

- February 17, 2023 < 1 MIN READ

Share trading and superannuation fintech Superhero has rehired one of its first employees, Rachel Hopping, as its first head of strategy.  She comes to the business after a brief stint at Fintech Australia as head of strategic partnerships and will lead overall business strategy, reporting to CEO and cofounder John Winters. She joins the executive leadership… Read more »


Airwallex builds out its leadership team with Stripe and Morgan Stanley execs

- February 16, 2023 2 MIN READ

Global payments and financial platform, Airwallex announced senior appointments to its leadership team as they focus on expansion into 2023.  Airwallex is a global financial and payment platform that helps entrepreneurs eliminate unnecessary costs and complexity associated with traditional financial systems. It offers an all-in-one platform for managing payments, treasury, and spending and is trusted… Read more »

road kill, wombat

ASX-listed BNPL Openpay handed to receivers just a week after ‘record’ results after failing to secure working capital

- February 6, 2023 3 MIN READ

ASX-listed Buy-now-pay-later (BNPL) fintech Openpay has been placed in the hands of receivers after it failed to bank working capital from its key funder. The payments platform has been shut down, effectively sealing the company’s fate. The collapse comes a week after the company’s quarterly results on January 31, which flagged delays in receiving the… Read more »