Scaleup Mediafund, a fund providing media ad inventory for equity, has announced food ordering and payments platform Hey You as its latest investment.
To remove waiting times at restaurants and improve the overall customer experience is London-based and Brisbane-founded app Boppl. The app is a mobile ordering and payment platform that allows customers to order food and drinks from venues via their phone.
Coffee ordering and payments app Hey You has announced a $2 million Series B funding round as it looks to enter its next growth phase. The round, led by existing investors Reinventure and Exto Partners, will go towards supporting Hey You’s vision to expand nationwide to become Australia’s number one cash-free marketplace.
Ten months after merging, Australian startups Beat the Q and Posse have announced the closure of an oversubscribed Series A $5 million funding round led by Westpac’s $50 million venture fund Reinventure and 12-year-old venture capital firm Exto Partners. The new investment will be used to fund product development – specifically, to improve the payment process for customers when dining out or buying coffee and to introduce new features – as well as marketing and scaling merchant acquisition.