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 »


NAB is getting into BNPL

- May 26, 2022 2 MIN READ

In another blow for the already crowded buy-now-pay-later (BNPL) sector, another major bank is getting into the space, with NAB announcing its own pay-in-four instalments offering. The bank’s opened pre-registration for customers today for the NAB Now Pay Later product They will be able to access up to $1,000, split purchases into four payments, use… Read more »

Cyber security

NAB has launched a crowd-sourced bug bounty program with Bugcrowd

- September 25, 2020 < 1 MIN READ

Big four bank NAB has launched the first bug bounty program for Australian banking in a partnership with crowd-sourced security company Bugcrowd. NAB will reward vetted security researchers who uncover previously undisclosed vulnerabilities in the bank’s tech environment. But to take part, you must have an ‘Elite Trust Score’ on the Bugcrowd platform. San Francisco-based Bugcrowd… Read more »


NAB is moving to the cloud to try and catch the neobanks

- July 14, 2020 2 MIN READ

The National Australia Bank has signed a five-year deal with Microsoft enlisting the software giant’s cloud technology, Microsoft Azure, to co-design and develop the bank’s tech as the Big Four behemoth looks to catch the digital neobanks eating into its customer base. The partnership will see NAB Group, which includes BNZ, and Microsoft share development… Read more »

Trent Innes

Xero adds NAB to its platform to help businesses pay their bills

- December 11, 2019 2 MIN READ

Accountancy software venture Xero has integrated accounts payable functions on its platform with Australia’s largest business bank in move the company is calling a game-changer. Australian businesses using Xero that have NAB internet banking will be able to instruct multiple bill payments at a time through Xero and approve their bill payments anytime, anywhere, directly… Read more »


NAB just led a $10 million raise for a US cybersecurity startup

- July 10, 2019 < 1 MIN READ

Digital Shadows co-founder and CEO Alastair Paterson Big four bank NAB is backing a digital risk protection startup it’s already engaged with as a customer, leading a $10 million round for US-based Digital Shadows through its investment fund, NAB Ventures, alongside existing investors, including Octopus Ventures. Melissa Widner, Managing Director, NAB Ventures and David Fairman,… Read more »