Business

MYOB acquires the rest of HR fintech Flare

- September 15, 2022 2 MIN READ

MYOB’s acquisition spree has continued with the accounting software platform converting its existing stake in Sydney-based workplace financial services platform Flare into a full takeover. The acquisition cost was not disclosed, but will deliver an exist for a range of VC investors who ploughed more than $50 million into Flare over the past five years.… Read more »

Caroline Rawlinson
ASX

MYOB’s cloud focus continues with the acquisition of document management startup Nimbus

- February 2, 2022 2 MIN READ

Business management and accounting platform MYOB has upped the ante on its SaaS offerings with the announcement of the acquisition of cloud document management software provider, Nimbus Portal Solutions. The value of the deal was not revealed by MYOB. Adding the Australian-owned-and-operated document management service to its stable will allow MYOB to provide an integrated… Read more »

Funding

MYOB and Malcolm Turnbull back $22 million series C in a workplace software startup

- November 2, 2020 < 1 MIN READ

MYOB has led a $22 million Series C round into workplace software startup Flare, with the accounting platform also announcing a new partnership with the five-year-old venture. Existing investors Point72 Ventures, Acorn Capital and David Fite joined the round with Malcolm Turnbull signing on as a new investor. Turnbull and Fite will become special advisors… Read more »

Other tech

MYOB’s acquisition spree continues with GreatSoft in its sights

- October 27, 2020 < 1 MIN READ

Private equity-owned accountancy software firm MYOB is ramping up the practice management solutions side of its business with plans to acquire cloud-based software provider, GreatSoft. The move comes after MYOB recent took a majority stake in workforce management software Roubler. The acquisition, now under review by competition regulator the ACCC, will integrate GreatSoft’s cloud-based practice… Read more »

Advice

How innovation and creativity helps startups rebound

- September 1, 2020 3 MIN READ

2020 has been the year of the unexpected; the year of the ‘pivot’. We’ve seen world-class chefs provide home deliveries, gin distilleries making hand sanitiser and high fashion brands creating life-saving PPE. Businesses may have been forced to adapt quickly, but it was the innovative and creative responses that delivered new ways to meet the… Read more »

Topics

BRIGHT SPOTS: How SalesPreso turned the coronavirus crisis into an opportunity to make presentations slicker

- April 23, 2020 4 MIN READ

While many businesses have been forced to close as part of social distancing measures to reduce the risk of coronavirus, one entrepreneur’s poison is another’s meat and alongside covering how to get through the next six months, and detailing what’s happening in small business land in our series “From The Frontline“, Startup Daily also wants… Read more »

Topics

‘I really hate the expression fail fast’: new MYOB boss Greg Ellis ditches old company mantra

- February 3, 2020 2 MIN READ

MYOB’s new CEO Greg Ellis doesn’t believe in the well-worn startup maxim ‘fail fast’. “I really hate the expression,” Ellis said revealing he’s instilling new drive and vigour in the teams at the now privately-owned accountancy software business. His predecessor, Tim Reed, who spent a decade in the top job before calling time last September,… Read more »