Launching today with $2 million in funding is FoodByUs, a Sydney startup founded by former Menulog managing director Gary Munitz, Tim Chandler, former lead engineer at Menulog, and Ben Lipschitz, former managing director of footwear brand Flipsters, looking to connect passionate home cooks with consumers.
Digital shopping platform Referboard drives sales and brand awareness through peer-to-peer referrals of online content from clothes, to furniture, hotels and restaurants. The platform can be best described as when Pinterest met Shopify.
Airtasker raises $22 million in Series B round led by Seven West Media to turn the brand into a household name
Today Airtasker has announced a raise of $22 million in a Series B round led by Seven West Media. The raise follows on from a $6.5 million investment from existing shareholders including, Shanghai-based Morning Crest Capital, Sydney VC firm Exto Partners and the NRMA.
Just over six months on from launch, peer-to-peer marketplace for self storage Spacer has partnered with French company Costockage as it looks to take on Asia.
Melbourne FinTech startup MoneyPlace launches offering consumers up to $35,000 in peer-to-peer loans
Melbourne FinTech startup MoneyPlace has launched after becoming just the second peer-to-peer money lender to attain a full licence from ASIC. The startup, founded by former NAB executive Stuart Stoyan last year, will provide unsecured consumer loans from $5000 to $35,000, with rates starting at 8.9 percent. The rates are determined through risk-based pricing, with loans offered by wholesale and retail investors.
Peer-to-peer and B2C marketplace for space startup, Spacer has announced today that it has closed a $1 million funding round from angel and private investors to support its Australian launch.
Microlending platform Zidisha bypasses third parties to keep interest rates down for people in impoverished communities
According to the World Vision, one of the best ways to help people in developing countries is to facilitate access to self-employment and in turn, a secure future. However, for those who have not been lucky enough to get assistance from such charities, gaining access to a small loan to start a business is difficult. Microfinance was established to fill the gap left by traditional banks, for whom it wasn’t profitable to serve such a market.