Fintech startup Earnd raises $2.5 million
With funding from investors including NAB Ventures, Earnd helps Australians access their income as they earn it.
With funding from investors including NAB Ventures, Earnd helps Australians access their income as they earn it.
NAB Ventures, the venture capital arm of National Australia Bank (NAB), has joined investors including Elavon in backing smart payment terminal startup Poynt in a US$100 million ($139 million) Series C round
Slyp, which allows merchants to send a customer’s receipt directly to their banking app, has raised $2 million in a seed funding round led by NAB Ventures.
NAB has allocated a further $50 million in funding over the next two years to its venture capital fund NAB Ventures, bringing the total allocated to the fund until 2020 to $100 million.
With Reinventure having announced its investment in November, the closing of the Series A brings the total raised by the startup to date to $12.5 million.
Melbourne startup ActivePipe has raised a $5.9m Series A led by NAB Ventures, with participation from PieLab Venture Partners and strategic individuals.
Sydney-based open banking startup Basiq has secured seed investment from NAB Ventures and Westpac’s VC fund Reinventure Group.
National Australia Bank has led a US$24 (AU$32) million Series D round for Toronto-based cloud accounting startup Wave through its VC fund, NAB Ventures.
National Australia Bank has led a US$24 million Series B round (approximately $31 million) in San Francisco-based foreign exchange payments company Veem through its VC fund, NAB Ventures.
NAB has partnered with healthtech startup Medipass Solutions to develop a new healthtech platform that will integrate the bank’s HICAPS system.
Secure data exchange startup Data Republic has announced it has raised a $10.5 million in a Series A round from Qantas Loyalty, National Australia Bank’s NAB Ventures, and Westpac’s Reinventure Fund.